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What is net effective rent vs. gross rent?

March 21, 2023

When you search New York City rental apartment listings, you’ll often see the term “net effective rent,” advertised as well as the higher “gross rent.” This can make it difficult to figure out how much money you’ll hand over to your landlord each month. When landlords offer concessions like a month or two of free […]

Filed Under: Real estate

Last Minute Weekend Suggestions | Brooklyn Heights Blog

March 20, 2023

Beannachtaí Lá Fhéile Pádraig (Blessings of St. Patrick’s Day). You can be sure of a lively time this evening at The Custom House, 139 Montague Stret (between Clinton and Henry) or at O’Keefe’s Bar & Grill, 62 Court Stret (between Joralemon and Livingston). If you missed Theater 2020’s free reading of David Fuller’s The B’ard […]

Filed Under: Real estate

Brooklyn News: Brooklyn Homeownership Dream Achieved

March 19, 2023

Mother Gaston Affordable Home Ownership Program Helps Brooklyn Teacher Achieve Dream Growing up in a rent-stabilized apartment in Park Slope, 44-year-old Amy Hamberry remembers seeing the waves of gentrification roll in. At school, she started to notice differences with other kids, like not being able to go on ski trips, not feeling like she fit […]

Filed Under: Real estate

🌱 NYC Scaffolding Crackdown Coming Soon + Wash. Heights Subway Tunnel – Patch

March 18, 2023

🌱 NYC Scaffolding Crackdown Coming Soon + Wash. Heights Subway Tunnel  Patch Source link

Filed Under: Real estate

Plans Ramp Up For 800 W Lake

March 17, 2023

A revamped plan and new development team is in place for a long-awaited mixed-use project at 800 West Lake Street in Fulton Market — with apartments now being eyed instead of a hotel. Development firms Ascend Real Estate and Intercontinental Real Estate Group are joining forces with GREC Architects for a taller plan than the […]

Filed Under: Real estate

Windsor Terrace Prewar With Arches, Parquet, Breakfast Nook Asks $575K

March 14, 2023

This Windsor Terrace one-bedroom has a number of things going for it, including curving banks of windows and arched openings. Near Prospect Park, it’s located at 176 Seeley Street, a 55-unit, six-story Colonial Revival red brick apartment building dating from 1938. The apartment opens to a large foyer, off of which radiate the main rooms. […]

Filed Under: Real estate

5,500 acres primed for residential development hit market for $58M – Business Observer

March 13, 2023

5,500 acres primed for residential development hit market for $58M  Business Observer Source link

Filed Under: Real estate

Development Finally Begins For Tribune East Tower

March 12, 2023

CIM Group and Golub & Co. are dipping their toes back into the water to test the market for the Tribune East Tower supertall project in Chicago’s River North. While the project has been dormant for three years since city officials approved the development, which could become Chicago’s second-tallest tower at more than 1,400 feet, […]

Filed Under: Real estate

Prospect Lefferts Gardens Row House Asks $2.495 Million

March 9, 2023

It hasn’t changed hands in decades, so while a new owner might want to give this Prospect Lefferts Gardens single-family a few modern upgrades, it comes with some appealing period details and plenty of living space. Being sold “as is” according to the listing, the Romanesque Revival-style row house at 42 Rutland Road has mantels, […]

Filed Under: Real estate

Mayor Adams gets involved in Brooklyn rezoning – Brooklyn Reader

March 8, 2023

Mayor Adams gets involved in Brooklyn rezoning  Brooklyn Reader Source link

Filed Under: Real estate

Canadian Foreign Buyer Ban Has Unintended Consequences

March 7, 2023

Canada’s two-year ban on the purchase of residential property by foreigners was supposed to help Canadian buyers and the real estate business.  Instead, it’s created new headaches. Flaws in the language of the legislation are causing real harm, according to a note from the economics arm of the Canadian Imperial Bank of Commerce. The note […]

Filed Under: Real estate

Brooklyn Open Houses: A PLG Standalone

March 4, 2023

Our picks for open houses to check out this weekend are found in Cobble Hill, Park Slope, Prospect Lefferts Gardens, and Crown Heights. They range in price from $1.85 million to $11.49 million. 227 Clinton StreetPrice: $11.49 millionArea: Cobble HillBroker: Sotheby’s (Karen Heyman, Alan Heyman)Sunday, March 5, 11:30 a.m. – 1:30 p.m.See it here -> […]

Filed Under: Real estate

Book Review: ‘Pineapple Street,’ by Jenny Jackson – The New York Times

March 3, 2023

Book Review: ‘Pineapple Street,’ by Jenny Jackson  The New York Times Source link

Filed Under: Real estate

Grutman’s Story Sues Miami Beach Over Alcohol Ban

March 2, 2023

For the third time in as many years, Miami Beach faces a lawsuit over commissioners’ attempts to curb the city’s anything-goes party image.  Popular South Beach nightclub Story, owned by David Grutman’s Groot Hospitality and real estate mogul Jeffrey Soffer, sued the city over a commission vote to roll back alcohol sale hours in the […]

Filed Under: Real estate

Top 10 Brooklyn Listings: A Row House in Kensington

February 27, 2023

The most popular listings on Brownstoner this week include a row house in Boerum Hill, a brownstone in Park Slope, and a standalone in Kensington. Boerum Hill, Bed Stuy, and Kensington were all popular this week. The least expensive on the list is a single-family in Flatbush at $749,000 and the most expensive is a […]

Filed Under: Real estate

Who’s Spending $1 Million to Attack This Struggling Brooklyn Hospital? – The New York Times

February 26, 2023

Who’s Spending $1 Million to Attack This Struggling Brooklyn Hospital?  The New York Times Source link

Filed Under: Real estate

University of Houston to open renovated on-campus hotel next week

February 25, 2023

Hilton College Dean Dennis Reynolds with the University of Houston (Getty, University of Houston, Kirksey Architecture) The University of Houston is expected to open its renovated on-campus hotel next week.  The school’s Hilton College of Global Hospitality Leadership will reopen the Hilton-branded hotel that it spent more than $30 million renovating and expanding, the Houston […]

Filed Under: Real estate

St. Francis Sells Vacant Brooklyn Heights Campus for $200 Million

February 23, 2023

We noted in May 2021 that St. Francis College was moving from its campus in Brooklyn Heights (photo) to space in a new building in downtown Brooklyn. Today The Real Deal reported that St. Francis had sold its now vacant campus, located between Remsen and Joralemon streets on the block between Clinton and Court, to […]

Filed Under: Real estate

Prospect Heights Prewar With Library, Henrybuilt Kitchen Asks $2.495 Million

February 22, 2023

A sprawling apartment in Turner Towers, perhaps Brooklyn’s grandest co-op, has a nicely updated kitchen and loft-like main living space. It’s on the first floor of the building, located at 135 Eastern Parkway, which was designed by Sugarman & Berger and opened in 1927. The walls around the dining room have been opened up to […]

Filed Under: Real estate

What's News, Breaking: Tuesday, February 21, 2023 – Brooklyn Daily Eagle

February 21, 2023

What’s News, Breaking: Tuesday, February 21, 2023  Brooklyn Daily Eagle Source link

Filed Under: Real estate

Is the housing market overvalued by billions due to flood risks?

February 20, 2023

(Illustration by The Real Deal with Getty) That house you have might not be worth what you think it is — and a lot of people are in the same boat (and may need one), according to a new study. Homes in certain areas that are vulnerable to floods are overvalued by $120 billion to […]

Filed Under: Real estate

Can We Have Some Love for Sidewalk Sheds?

February 18, 2023

Lately we’ve had a lot of negative remarks on Open Thread Wednesday — see here and here — some of them by Yours Truly, about sidewalk sheds or sidewalk bridges (sometimes mistakenly called “scaffolding” — that’s what goes above them), especially about those that are seen to have outlasted their neighbors’ patience, if not that […]

Filed Under: Real estate

Bed Stuy Brownstone One-Bedroom With Mantel Asks $2,400

February 17, 2023

Although petite, this one-bedroom in a Bed Stuy brownstone looks meticulously kept, with graceful original details and modern updates that enhance rather than detract from the existing architecture. Its three rooms take up the front half of the top floor of 256 Hancock Street in the historic district. There is a mantel, parquet, molding, a […]

Filed Under: Real estate

Exceeding Expectations as a Trusted Advisor — RISMedia – RisMedia.com

February 16, 2023

Exceeding Expectations as a Trusted Advisor — RISMedia  RisMedia.com Source link

Filed Under: Real estate

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