10:02:34 | 2012-06-29
Good Morning New York! Here’s the news:
Another Food Company Deepens Roots in the Bronx, but Reception Is Mixed
Even as FreshDirect’s planned move to the Bronx faces opposition from residents, city officials are forging ahead with plans to transform the borough into a destination site for the food industry.
Two New Leases at 1040 Avenue of the Americas
InterMedia Outdoors, Inc., the outdoor sports-oriented media group, and Macro Consultants LLC, a consulting and project management firm, will be taking a total of 18,958 square feet in the 24-story office building at 1040 Avenue of the Americas, Skyline Development’s Class A office building in Midtown West’s Bryant Park Business District.
Astoria condo with large apartments fetches high prices
Fast sales aren’t everything. Slow and steady wins the real estate race, too. Selling since summer 2010, just 10 of 62 apartments are left at the Santorini, a new mid-block condominium in Astoria that rises above the two-story brick homes around it.
City of New York Re-Ups at 75 Park Place
In another vote of support for Lower Manhattan, the City of New York has signed a long-term renewal lease for 207,812 square feet inside Jack Resnick & Sons’ 14-story Downtown office tower, 75 Park Place, GlobeSt.com has confirmed.
Jersey City Development Comprises 422 Rentals, 34,000 SF Boys & Girls Club
Ironstate Development Company and Kushner Real Estate Group have broken ground on a new project comprising a 422-unit luxury rental building and a new facility for The Boys & Girls Clubs of Hudson Co.
The Upper East Side’s Coveted Azure Achieves Remarkable Momentum In Sales
Rising 34 stories above Manhattan’s parks, high-end boutiques and world-class schools of the Upper East Side, Azure, located at 333 East 91st Street, is red-hot among brokers and buyers. Co-developers The DeMatteis Organizations and the Mattone Group revealed today that they have closed on nine residences – worth a total of more than $19 million – in slightly over a month.
Vox Media Takes 16,884 SF at 104 West 40th St
Vox Media, the Washington D.C.-based publisher of websites including SB Nation, The Verge and Polygon, has signed a lease for 16,884 square feet at 104 West 40th Street, a Class A office building located next to Bryant Park in Midtown Manhattan.
Jones Lang LaSalle Selected by Extell to Lease One Hudson Yards in New York
Jones Lang LaSalle was selected by Extell Development as the exclusive leasing agent for One Hudson Yards. The developer tapped the company to provide a full range of commercial office leasing services for the 56-story, 1.78 million-square-foot Class A office building.
High Line: Too much of a good thing?
The High Line is nothing if not a new perspective on a land we thought we knew, its third-story railroad bed rising from the once meaner parts of Chelsea and the Village and exposing our radically changing neighborhoods in unexpected ways hidden from us at street level (or even from upper-floor apartment windows) while providing an unprecedented view of the rest of Manhattan, the Hudson and the United States proper across the river.
Overseas buyers seek shelter in U.S. real estate
As July 4 approaches, Americans are anxious about the economy, despise Congress and can’t work up much enthusiasm (to say the least) about either presidential candidate. Investors are still avoiding U.S.-based stocks like the plague.
Skyline Developers Reports Increase In Activity At 1040 Avenue Of The Americias
Skyline Developers is pleased to announce two new leases at 1040 Avenue of the Americas, its signature Art Deco Class A office building, situated centrally in Midtown West’s Bryant Park Business District. InterMedia Outdoors, Inc., the premier outdoor sports-oriented media group in the United States, and Macro Consultants LLC, a professional consulting and project management firm, will be taking a total of 18,958 square feet in the 24-story office building.
The Brooklyn Bridge Gets Bombed By Graffiti
New York has been infamous for its graffiti culture since (and before) the inception of Hip-Hop culture in the early to mid-1970s. Graffiti crews would “bomb” or paint quickly executed pieces over as much real estate as possible, making the concrete facades of the sprawling city into their canvas.
Massive Hallets Point Development Project Gets Boost from State
A New Jersey real estate firm looking to build a $1 billion development in Hallets Point, including a new water taxi stop, and beautify a run-down portion of the increasingly popular Astoria waterfront has received a boost from the state Legislature.
Ownership behind 131 W. 122nd. St. in Harlem is full of intrigue
For years, Carolyn Johnson watched the building at 131 W. 122nd St. and yearned to make it her own. “I live on the block,” said Johnson. “It’s a beautiful building, a really great building.” So when the owner, Raymond Springer, died of cardiovascular disease in April 1994 and his sole survivor, an aunt, died two months after him, it seemed Johnson might just get her wish.
A Swim in Time: Remembering NYC’s First Public Pools
After nearly three decades as a little-used and mostly dry pit, the McCarren Park Pool reopened to swimmers Thursday and instantly became New York City’s premiere public place to take a dip.
Steiner Studios picks up rental building for $38M
Steiner Studios has acquired a 44-unit luxury rental building in Williamsburg, Brooklyn, known as the Jardin for $38 million, according to sources.
The High Line: New York’s Monument to Gentrification
It is summer in New York, which, for those New Yorkers occupying that ever-growing demographic where hipster and child-friendly meet, means that it’s time to hit the High Line.
Ask a broker: Aptsandlofts.com’s founder David Maundrell
As residential brokerage aptsandlofts.com opens its second storefront office – this one in Cobble Hill – founder David Maundrell talks with Voyeur about Brooklyn’s new hot spots.
Actor Armand Assante Aims to Sell N.Y. Property
Anyone want Armand Assante as a neighbor? It could happen, if a bankruptcy judge grants the actor’s request to sell 100 acres of his property in a small New York town.
Most of America’s largest cities are growing at a faster rate than their surrounding suburbs
For the first time in a century, most of America’s largest cities are growing at a faster rate than their surrounding suburbs as young adults seeking a foothold in the weak job market shun home-buying and stay put in bustling urban centers.
Property developer spends £11,000 turning double-decker bus into his new home after being priced out of housing market
A cash strapped property hunter has turned his back on the housing market by making his family home out of a double-decker BUS. Daniel Bond, 28, spent four gruelling months and £11,000 turning the neglected vehicle into a luxury two bedroom home.
13′ High “L.L.Bean Bootmobile” Returns to New York City for a Visit to South Street Seaport
2012 marks the 100th Anniversary of L.L.Bean, one of America’s most iconic brands. As part of its anniversary celebration, L.L.Bean has created the L.L.Bean Bootmobile, a larger-than-life sized vehicle in the form of the famous Bean Boot.
Billionaires bid for “trophy homes” in New York while homelessness rises
Amidst the social polarization produced by capitalism, fostered and encouraged by the whole political establishment, it is sometimes hard to find words to describe the irrationality of the system and the parasitism and arrogance of the ruling super-rich.
What’s new looks old in East Hampton
A six-bedroom, 5-5-bath Yankee barn home in East Hampton village is on the market for $3.95 million. The owner, Manhattan interior designer Jeffrey Rosen, says he wanted the new house to look like it had been there a while.
Two Midtown Condos Duke It Out for the Buyer With $3M
211 Madison Avenue, aka Morgan Court, is a duplex, 321 square feet larger, and $150,000 pricier, but its real standout feature is its curved walls of windows.
GSA Poised To Become Third Tenant Of 1 World Trade Center
The Port of Authority of New York and New Jersey approved a plan for the U.S. General Services Administration to take five floors at 1 World Trade Center in lower Manhattan, making it the third tenant at the skyscraper.
High End Retailers Expected to Suffer
Nordstrom might have announced its long-awaited plans to enter Manhattan, but at least one analyst expects the upscale chain to have less-than-overwhelming sales results for the second half of the year.
30,230 SF Lease Brings 110 William St to 97 Percent Occupancy
Stack Exchange, Inc., an online network of individual communities dedicated to serving experts in a specific field, will occupy 30,230 square feet on the entire 27th and 28th floors at 110 William St in New York for an eleven year term.
Walk Into Art In East Hampton
Follow the path to art at this year’s ArtWalk Hamptons in East Hampton. The walk is self-guided and free of charge, but definitely not free of culture and knowledge. The walk will begin at Sotheby’s International Realty at 5 p.m. (6 Main Street, East Hampton) and will conclude whenever you desire, or 8 p.m.
Law to limit big stores is set for passage
Following months of hearings and some tinkering, the City Council is poised to approve a zoning proposal Thursday aimed at protecting small businesses on the Upper West Side from an onslaught of big banks, pharmacies and retail chains.
Manhattan Real Estate Feels Neurotic, Worried
While there are those who will steadfastly claim that Manhattan real estate is virtually bullet proof, many are worried that modest second-quarter gains in apartment prices augur a possible drop-off in demand during the second half of 2012, according to The Wall Street Journal.
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