08:51:41 | 2012-07-05
Good Morning New York! Here’s the news:
‘It’s gone too far’; Broderick brings down the N.Y.U. house
New York University’s plan to add four new buildings and a total of about 2 million square feet of development to its two superblocks south of Washington Square Park was aired at a City Council hearing last week.
Wrecking Ball Looms For 5 Pointz Building
A popular urban canvas may soon be erased from the Long Island City landscape under plans to develop two high-rise residential towers at the site.
Skating Rinks to Yoga Are Latest Ploys for Hotel Revenue
A new high-end hotel in Manhattan’s Union Square will have either an art gallery, doctor’s office or yoga center, part of a plan to generate more than 10 percent of the property’s revenue through sources beyond its 175 rooms.
Baccarat’s $170,000 chandelier lands in New York
It’s the most elegant bling New York City has ever seen. Seven-feet tall, five-feet wide, and 1,868 pieces of hand-crafted crystal, this $170,000 glass chandelier was made specifically for Baccarat’s first ever American showroom located in Midtown’s Decoration & Design Building at 979 Third Ave.
10 Tips From A Man Who’s Lived In A Tiny Luxury Studio Apartment For Almost A Decade
I never thought that I’d live in one (338-square-foot) room for nine years, but I’d rather have one room in New York than ten in any other city.
Boro condo pays upkeep tab on DOT land
The city Department of Transportation owns a small grassy plot of land in College Point, but condo owners nearby have been footing the bill for its upkeep.
The 10 Best Restaurants For People Watching In The Hamptons
A weekend in the Hamptons is all about seeing and being seen. And if you’re heading to New York’s swanky beachy outpost for the holiday weekend, you’ll probably want to go to the center of the action, where you can spot celebrities, fashionistas, and New York’s most well-heeled.
The Faith Report: Haute, Hot Hamptons
The summer is upon us, and the fashionable know to head straight to the playgrounds at the Hamptons, which boast a number of new stores and restaurants to serve seasonal visitors.
Interactive Real Estate Touch Screens Launched
A city that never sleeps also never stops selling. When night falls, every shop in Manhattan glows with ritzy displays of merchandise. So in a city so vibrant and with such a pervasive interest in real estate, it almost seems anachronistic that when realty offices close at the end of each day, so too do their window displays.
Apartment Rents in U.S. Rise Most Since 2007 as Vacancy Falls
Apartment rents in the U.S. climbed the most in almost five years in the second quarter as shrinking vacancies allowed landlords to charge more, Reis Inc. (REIS) said.
Crowds, development and concerns
The High Line is nothing if not a new perspective on a land we thought we knew. Its third-story railroad bed rises from the once-meaner parts of Chelsea and the Village and exposes 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.
New home demolished in New York over garage, pool placement
The error will add about six weeks to the project and cost up to $150,000. A U.S. couple decided to tear down their multimillion-dollar house that was half completed in the middle of construction and start over.
Bulk Buying Saves Money — But Are There Tradeoffs? The Pros and Cons
Last January, Villas on the Bay, a 42-unit condominium in East Moriches, Long Island, switched to Fairfield Properties, a larger property manager than the one it formerly had. The 30-year-old community had capital improvements on the horizon and thought Fairfield could get them better prices.
Condo Lis Pendens on the Rise
For Manhattan, there were 27 lis pendens filed in the first quarter of 2012, one of the highest numbers since the beginning of 2007, when PropertyShark started to track down data. Slightly higher numbers were registered in Q1 2009 (28) and Q2 2011 (34). The median lien amount filed for Manhattan in Q1 2012 was $16,586, the highest since 2007.
The Opulent Firwood Mansion: An $11.5M Teardown
A “Teardown”—a concept many town residents are familiar with, often from seeing them in their own neighborhoods—is house that someone buys just so that they can tear it down and build something bigger in its place.
Deron Williams moving to Brooklyn
The all-star point guard said on his Twitter feed Tuesday night that he “made a very tough decision today” and posted a picture of the Nets’ new team logo that accompanies their move from New Jersey to Brooklyn.
Rents Increase as Vacancies Dry Up
Landlords boosted apartment rents to record levels in the second quarter as demand from tenants sitting out the home-buying market pushed vacancy rates to their lowest point in more than a decade, according to a report to be released Thursday.
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