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Luxury building developer Bauhouse Group has performed some New York-style black magic on the residents of Sutton Place, allegedly tricking them into allowing the building of a 90-story luxury high rise in the Upper East Side neighborhood. According to the Daily News, the residents signed away air rights and zoning for what they expected to […]

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Real estate and contemporary art have replaced gold as the most popular way for the superrich to physically store wealth, Bloomberg reports. Laurence D. Fink, chairman and CEO of BlackRock, the world’s largest asset manager, said at a conference in Singapore that art and apartments are great asset classes for because they’re both less volatile […]

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Sheepshead Bites reports that the Parks Department has caved to demands of luxury condo residents that a boardwalk comfort station (aka public restroom) be moved out of view. God forbid residents of the Oceana luxury condos on Brighton Beach should have to look at a beachfront comfort station that’s elevated to avoid being destroyed by […]

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For years, the future of the historic Beaux-Arts Ridgewood Masonic Temple in Bushwick has been a mystery. It was put up for sale in 2010 and was quietly sold in 2014, according to the Brooklyn Eagle, but there was little word on what its new owner would do with it. Well, now we know — […]

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The state’s outdated property valuation system is resulting in the super-rich paying a fraction of the property taxes they should be, the New York Post has learned. To put the inequity into perspective, the Post notes that “the buyer of the most expensive apartment ever sold – a $100 million duplex overlooking Central Park — […]

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As noted by Curbed, famed music venue Roseland Ballroom is currently suffering a slow and painful death before it reincarnates into a bunch of condos. ANIMAL took a drone to site of urban gloom and doom to witness the erie beauty of exposed beams firsthand. The skeletal structure looks like an iced-over, abandoned Noah’s Ark. […]

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Brooklyn graffiti artist Craig Anthony Miller, aka CAM, has filed a copyright infringement lawsuit against luxury homebuilder Toll Brothers, The New York Daily News reports. Miller claims that the developers used his “Elephant Mural” without permission in a series of DUMBO condo ads they ran in 2012. The 90-foot mural once appeared on Water Street, […]

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The graffiti-bombed mansion at 190 Bowery, built in 1898, was originally a bank and according to the New York Times, will likely be turned into condos with commercial space below. Since the late 60’s, the 72-room dwelling has been home to photographer Jay Maisel, who bought it for only $102,000. The insides were a kind […]

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A new apartment building on Broome and Crosby Streets in SoHo has added ten parking spots available to condo owners for $1 million each. The New York Times compared the price of the condos with that of the parking space to determine that the garage space costs considerably more per square foot than the apartment itself. The […]

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Luxury Condo developers managed to remove one section from the East Side Gallery in Berlin this morning before “about 300 protesters pressed too close for work to continue,” AP reports. The nearly mile-long remains of the Berlin Wall, which attract 800,000 visitors annually and had already been buffed and badly forged over the last few […]

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