Tag: Real Estate
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 […]
Airbnb, the controversial short-term property rental company, has about 25,000 listings in New York City, and about 14,000 of those are technically illegal. Affordable housing advocates accuse the company of exacerbating the housing crisis by turning apartments that could be used for New York City residents into expensive hotels. On top of that, a new […]
The unburstable bubble of Manhattan real estate continues to inflate, with the New York Times reporting that the average sale price of a Manhattan apartment hit a new high in the first quarter of 2015. According to new market reports from top real estate brokerage firms, the average price of a Manhattan apartment is over […]
The Observer’s Brady Dale took a virtual reality tour of The Grand at Sky View Parc, a luxury condo building in Flushing, to see if the future of condo sales involves VR. Before the building is finished, prospects can take a tour through the condo by looking at virtual reality renderings inside of the Oculus […]
Lower Manhattan residents have been trying to block development in the South Street Seaport for years, and now the real estate threats have become so severe that the National Trust for Historic Preservation has actually named the area among its “11 Most Endangered Historic Places,” DNAinfo reports. The seaport, the Trust notes, is of significance […]
Jay Maisel has had a successful career as a commercial and fine art photographer, but there isn’t money in photography the way there is in New York City real estate. It’s unlikely Jay Maisel would have set the new record for a single-home purchase in Brooklyn if he hadn’t sold his prior address, the famed […]
The Sky, the 71-story residential tower that looms over the West Side Highway at 605 West 42nd Street, has opened up the housing lottery for 235 apartments retailing below market value. The city’s Housing Connect website listed the application, Curbed reported, outlining how many units available and what families qualify: The building, famous for becoming […]
Parts of Queens are starting to look like Baltimore, Detroit and St. Louis, dotted with abandoned homes that have turned into a major nuisance for the local community. DNAinfo reports that some of the vacant homes in Jamaica, Queens were left empty due to foreclosures: According to local elected officials and published reports, of all […]
Arthur Wood, the 87-year-old artist who lived and worked in Clinton Hill’s famous Broken Angel house for more than 30 years, was evicted in 2013 after the city deemed the building unsafe. Due to timing and logistics, Wood was forced to leave some of his art behind. Now, the developer who bought the property and […]
The tetrahedron is the coolest of all of Manhattan’s current residential construction projects. The 709-unit building at West 57th St and the West Side Highway is a jagged, highly unique pyramid designed by young Danish hotshot architect Bjarke Ingels. A tetrahedron is a polyhedron with four triangle faces, three of which meet at each corner. […]
