A new study paints a gloomy picture of NYC’s job market.
The Port Authority of New York and New Jersey on Thursday approved spending $600 million on the redevelopment of Delta’s terminals at LaGuardia airport, leaving the airline to pay the remaining $3.6 billion for the project. The bistate agency also approved new terms for Delta’s ground lease at the airport, which runs through 2050 and includes an up to $36.6 million tax abatement, the Commercial Observer reported. However, the project still needs to be certified … more
The collision of real estate madness and the fake news phenomenon was bound to happen sometime.
This two-bedroom condo in a red brick building at 93 Rapelye Street in Carroll Gardens offers outdoor space and plenty of storage. The open-plan living area leads out to a private terrace with skyline and treetop views. The building also has an outdoor common area. In the kitchen are custom-made cherry wood… Read More >The post Two-Bedroom Carroll Gardens Condo With Terrace, Walk-in Closet Asks $879,000 appeared first on Brownstoner.
A Brooklyn condominium development that’s been stalled for eight years is finally launching sales. Nine out of the 44 condo units at Evenhar Development Corporation’s 50 Greenpoint Avenue officially hit the market this week, Curbed reported. One-bedroom apartments start at $699,000, while two-bedroom units are asking $1.1 million and three-bedroom units are asking $1.5 million. The units that are now for sale range from a 710-square-foot one bedroom asking $795,000, or $1,056 square feet. A … more
BrownstonerBrooklyn Real Estate Listings Six Months Later: One Sold, One In Contract, Two Still AvailableBrownstonerIt's the first week of 2017, and we're looking back at some listings we featured in 2016 — Fourth of July week to be exact. They included an historic Italianate home, a modern glassy condo, a Craftsman and a Queen Anne. Two of the listings are still …
Prosecutors and defense lawyers in Robert Durst’s murder trial are arguing over whether the names of two witnesses should be kept secret until shortly before their testimonies. Los Angeles County Deputy District Attorney John Lewin wants to keep their identities under wraps and preserve witness testimonies, citing fears that Durst might kill or intimidate them. “Defendant is a menace to society,” he wrote in a motion. “He has demonstrated a willingness to use deadly force … more
Plus, what to do with all the stuff you just purged from your closet.
It’s the first week of 2017, and we’re looking back at some listings we featured in 2016 — Fourth of July week to be exact. They included an historic Italianate home, a modern glassy condo, a Craftsman and a Queen Anne. Two of the listings are still available, one is… Read More >The post Brooklyn Real Estate Listings Six Months Later: One Sold, One In Contract, Two Still Available appeared first on Brownstoner.
Donald Trump’s pricey hotel in the nation’s capital, which has attracted acute scrutiny because of the conflicts of interest it presents, owes workers more than $5 million in unpaid bills. The Trump Organization spent $212 million redeveloping the historic Old Post Office into the 263-room Trump International Hotel D.C. Liens filed with the District of Columbia in November and December show the business owes electricians, woodworkers and a plumbing and heating business more than $5 … more
This is the kind of home you’d want your friends to buy—and invite you to often.
When Franklin Hughes, a great-uncle to FDR, and Laura Astor Delano married in 1844 they were gifted Astor family land and built a new home in the then-popular Italianate style. Designed by architect Frank Wills, it was constructed between 1848 and 1851 and became known as “Steen Valentje,” a Dutch-sounding… Read More >The post An Eye-Popping Look Inside a Grand 19th Century Astor Estate, Yours for $22 Million appeared first on Brownstoner.
From the special Westchester issue: Strategic Capital could have spent its money anywhere. But executives at the firm, the American arm of a Chinese state-owned company, bet on Yonkers — investing in a partially completed waterfront site. The company — the real estate investment arm of China Construction America, one of the world’s biggest construction and real estate giants — will invest $270 million over three years on the once-stalled 16-acre mixed-use development called Hudson … more
We spoke to an NYC architect to learn more about the city’s most interesting new residential developments.
In the News Head of NYC City Planning to Step Down NYT Beep Suggests Changes to Sunset Park Library Redevelopment BK Paper Billionaire Files Plans for Big Development in Coney Island BK Daily Brooklyn Train Was Going “Twice the Speed Limit” Before Crash Newsweek Real Estate Firm to Revamp Big DoBro Office Building RE Weekly Park… Read More >The post Daily Links: Changing of Guard at City Planning, City Inspector Charged With Bribery in Brooklyn appeared first on Brownstoner.
Towering over 2017The Real Deal MagazineWhile Hudson Yards and Essex Crossing continue to inch forward in Manhattan, it's the booming outer boroughs that will see many of the most ambitious real estate projects realized in the year ahead. The two tallest residential buildings in all of …
From the January issue: While Hudson Yards and Essex Crossing continue to inch forward in Manhattan, it’s the booming outer boroughs that will see many of the most ambitious real estate projects realized in the year ahead. The two tallest residential buildings in all of Brooklyn are among 2017’s upcoming megaproject milestones. Collectively, the 10 largest ground-up real estate construction projects slated for completion in 2017 span more than 7 million square feet, according to an … more
From the January issue: Everywhere Paul Massey looks these days, he sees a problem that he’d like do something about. In April, he spotted four homeless people near his Midtown office. “Homelessness is a crisis that hasn’t been addressed in three years. I don’t think there’s housing being created on any kind of scale,” he complained. more … more
New York Times2017: Year of the RenterNew York TimesMany landlords and real estate brokers attribute the renter-friendly trend to an influx of new apartments: 11,514 new rental units came on the market in Manhattan and Brooklyn in 2016, and 13,340 are expected this year, according to Citi Habitats, a …
Stribling & Associates president Elizabeth Ann Stribling-Kivlan and her wife Rebecca Cleary picked up a $2.9 million condo at the Pierhouse in Brooklyn Bridge Park. The three-bedroom, 2 ½-bath unit in the Toll Brothers City Living building comes with impressive views of the Manhattan skyline, the New York Post reported. The new home will put Stribling-Kivlan, who goes by “EA,” in close proximity to her mother. Elizabeth “Libba” Stribling, who founded the eponymous brokerage, helped herald Brooklyn’s … more
Tax law firm Roberts & Holland signed a lease for 27,000 square feet at Rudin Management’s 1675 Broadway in Midtown West. The firm took the whole 17th floor at the 35-story, 850,000-square-foot tower between West 52nd and 53rd streets, the Commercial Observer reported. The asking rent was $75 per square foot in the 15-year deal. Rudin in recent years has been filling space in the building, signing tenants like financial firm Bankrate to more than … more
A city air pollution inspector checking a Brooklyn construction site threatened to impose a stop work order unless he was paid $15,000 in cash, city officials said. Sean Richardson-Daniel, who has worked as a city inspector for 16 years, was inspecting the site at 222 Pulaski Street in Bedford-Stuyvesant on Dec. 4, 2015, DNAinfo reported. He allegedly told an informant he thought was a property representative that he would impose the stop work order unless … more
Graphic artist Ivan Chermayeff’s “Red 9” sculpture outside Sheldon Solow’s exclusive 9 West 57th Street office tower may be getting a neighbor. Solow is planning to develop a 19-story, 16-unit residential next door to the iconic commercial tower at 7 West 57th Street, according to application filed with the city Department of Buildings Thursday. Details are scant, but the developer plans to include 32,099 square feet of residential space and 4,131 square feet of retail … more
UPDATED: Jan. 5 at 3.30 p.m.: The Independence Party of New York endorsed Paul Massey in the 2017 New York City mayoral race, ensuring his place on the November ballot. Massey’s camp hopes the endorsement will help the Cushman & Wakefield executive appeal to a much broader spectrum of voters, including crossover Democrats. Insiders said he’ll need all the help he can get, going up against an incumbent Democrat in a city where Republicans are … more