Rent in Manhattan is Too Damn High

According to new report by brokerage giant CitiHabitats, the average rental price of a Manhattan apartment is
ridiculously expensive or $3,352 a month. That comes out to about $40,000 a year, which is remarkable when you consider that the average Manhattanite only makes a pinch over $50,000 a year. (Photo: Joe DeRenzo/flickr)

Rich People Almost Screwed Up NYC’s Grid

As we’ve noted, there’s an ongoing exhibit on how radically awesome New York City’s grid system is and the fascinating history behind it when first proposed back in the early 1800s. Read more »

Hollywood’s Favorite New York Alley Ruined by Luxury Condo

There aren’t a lot of alleys in New York as every inch of space is absorbed into some real estate’s lucrative square footage. That sucks for Hollywood, because Hollywood loves grimy “New York alleys.” This one in Tribeca — lovingly preserved to look gritty so it can star in dozens of films — is now “indefinitely” out of action as a condo will soon wedge right up to it. Read more »

LoLo: Manhattan’s Hottest Hypothetical New Neighborhood

That is the name being proposed by a real estate-focused think tank born out of Columbia University. Lower Lower Manhattan is the brainchild of the Center for Urban Real Estate and would be constructed by dumping a whole lot of landfill between Lower Manhattan and Governors Island, establishing 88 million square feet of new space. Read more »

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And You Thought Your Apartment Was Small

Everyone in New York likes to bitch about how small their apartment is, but this particular space, that Curbed aptly describes as an “origami-like creation,” takes the whole tiny living quarters thing to claustrophobically new levels.

It’s Time To Fawn Over Apple’s Slightly Modified Store

After five months of renovations that are rumored to have cost almost $7 million, Apple showed off the altered facade of its flagship store on Fifth Avenue. There are now only 15 glass panels instead of the 90 when it first opened. Read more »

Going Once, Going Twice: Hip Hop Shrine Back On the Auction Block

The building at 1520 Sedgwick Avenue in the Bronx has long been considered the birthplace of hip hop. It’s once again facing the risk of foreclosure due to a $7.38 million dollar lien and will be up for auction on November 7th. The apartment complex which was recognized in 2007 as a national landmark where the legendary DJ Kool Herc threw in the 1970s has been at risk for years now, with numerous violations and mortgage problems, so this comes as no surprise. However, considering the number of artists who name drop the place and treat it as a sacred space, it’s curious that none of our current hip hop impresarios have stepped up to aid the historic location.(Photo: Wajimacallit/flickr)

The Beautification of NYC Continues

With the popularity of the Highline and East River Waterfront, a few of the cities parks have gone unnoticed but that’s about to change.The group Architecture for Humanity has recently secured a grant to initiate an ideas competition for Coleman Oval Park, located under the Manhattan Bridge. Read more »

Delving Into the ‘Delancey Underground’

Anyone who takes the subway regularly has noticed that there’s a lot of empty stations around the city. What you probably didn’t realize is that there’s about two acres of land below Delancey Street that has been abandoned for the last 65 years Read more »

Marina Abramović Selling Her Minimalist SoHo Loft

Any 1%-ers looking for a nice and “sterile” loft with a whiff of celebrity? Performance art diva and static pixel art heroine Marina Abramović has just listed her huge one-bedroom SoHo digs for $3.5M.  Read more »