Tag: Real Estate
Even though the once massive building known as 5Pointz has been completely demolished, the battle for its soul continues. Property owner Jerry Wolkoff is actively trying to call his soon-to-be-built condo complex 5Pointz and — after having attempted to trademark the name once already — has again tried and failed, reports the Daily News. This […]
The next time you start complaining about the limitations of micro-size apartments in New York, take some inspiration from artist JeeYoung Lee and turn that place into a psycho wonderland. Lee is a Korea-based installation artist who spends months constructing elaborate environments in her modest studio. When she’s satisfied with the final product, she photographs […]
Just when it seems like Williamsburg couldn’t outdo itself when it comes to being bougie, a hotel developer comes along and says he’ll be putting an exclusive bar inside a water tower on top of his latest place. According to Eater: Hotel developer Toby Moskovits is planning to open an 150-room hotel just down the […]
Over the past several months, ANIMAL has been documenting the demolition of 5 Pointz, a legendary building in Queens which served as an aerosol playground for spray paint-wielding artists since 1993. The property will eventually be developed into a condo complex, but first the site had to be fully cleared. So we bribed a nearby […]
Seeing is believing. Some crafty data-crunchers over at Medium’s Reform blog, Constantine Valhouli and his partner Cat Callaghan, have put together visualizations of NYC real estate prices that give a more realistic portrait of our notoriously expensive city. While New York is definitely still expensive, the common estimate of $1,200 per square foot for your average apartment […]
After selling for $15 million just six months ago, the Long Island City Clock Tower has changed hands once again. The latest buyer, Property Markets Group, more than doubled the previous asking price, paying Criterion Group $30,900,000. An effort to have the iconic tower landmarked began in October and as of today the petition has […]
A real estate developer on the Upper West Side wants to turn an indoor public space into a private retail outlet, arguing that it’s full of homeless people right now. In 1985, Ashkenazy Acquisitions were given permission to build air rights at Bel-Canto condo after they agreed to dedicate a 1600-square-foot atrium for public use. Now […]
New York is experiencing the largest wave of new condo development since 2006. The city needs condos. They have to need them right? They’re everywhere! Even though no one is living in the luxury apartments, demand is high. In Manhattan, you have record-setting skyscrapers going up to house the super-rich. In Brooklyn, you have countless […]
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 […]
CityRealty president Dan Levy is planning on pitching a gondola transportation system at a real estate conference today. The East River Skyway network would require several phases of construction, each costing between $75 and $125 million, which would run from “Brooklyn Navy Yard to Williamsburg then across the river to the Lower East Side; up to Greenpoint and Long Island City, then […]
