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News (page 5)

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This is the list of recent news from all categories.

S.R.O. Hotel Plans Divide U.W.S.

Posted 31/Jul/2007 19:20:00 by Gromco in Upper West Side

NY Sun reports that the Lantern Group, a developer of affordable housing, stirred a controversy when it suggested upgrading and expanding a so-called single-room occupancy residence at 319 West 94th Street, adding three stories. Some residents fear the proposed staffing levels could be inadequate and potential problems could tie up police resources...

Source: Plan for Housing for Homeless, Mentally Ill Divides Neighborhood (NY Sun) »


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The Tallest Office Building in Harlem Since 1973

Posted 18/Jul/2007 23:20:00 by Gromco in Central Harlem, East Harlem

According to Architectural Record, construction will begin in August on a new Harlem office building, which, in addition to being to being the tallest in the neighborhood, is set to become its first large-scale office development in more than two decades...

Continue reading: The Tallest Office Building in Harlem Since 1973 »


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Average Manhattan Apartment Now Over $1.3 million

Posted 05/Jul/2007 00:08:00 by Gromco in Trends in the NYC Real Estate Market, Manhattan, Brooklyn

Manhattan apartment sale prices reach new heights in Q2-2007: the average is now $1.3 million and the median - $895,000...

Continue reading: Average Manhattan Apartment Now Over $1.3 million »


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Equity Residential Buys Several UWS Buildings

Posted 02/Jul/2007 22:20:00 by Gromco in Equity Residential, Upper West Side, Parc Coliseum, Parc Cameron, Parc 77

The Observer reports that Equity Residential recently bought four Upper West Side Buildings for a cool $178 million...

Continue reading: Equity Residential Buys Several UWS Buildings »


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Villagers Want Their Newsstand Back

Posted 02/Jul/2007 22:40:00 by Gromco in Central Village

A newsstand on Thompson and Third, closed in December by the Department of Consumer Affairs is missed sorely by its neighbors - to the point that the block's residents are now collecting signatures to petition for its return, The Villager reports...

Continue reading: Villagers Want Their Newsstand Back »


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81% of New Yorkers Support Congestion Pricing Plan

Posted 01/Jul/2007 01:25:00 by Gromco in NYC Transportation

A recent poll indicates that 81% of residents of the city, Long Island and Westchester and Rockland counties supported Mayor Bloomberg's plan to institute a tax on motorists entering the city during the week...

Continue reading: 81% of New Yorkers Support Congestion Pricing Plan »


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Coney Island Proposal Retooled

Posted 18/Jun/2007 19:20:00 by Gromco in Coney Island

Joseph J. Sitt, CEO of Thor Equities presented an updated verion of his company's plan for the development of Coney Island's amusement district. The $1.5 B plan, ostensibly changed from the previous version (read below for the principal changes) according to the feedback received, includes an amusement area and three hotels.

Continue reading: Coney Island Proposal Retooled »


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SoHo to Get a "Mini-Lipstick" Building

Posted 04/Jun/2007 22:40:00 by Gromco in SoHo

In place of a gas station, the lot at 140 Sixth Avenue (Sixth Avenue & Spring Street) may soon feature a new building designed by Anthony Morali. The building has already been dubbed "a little Lipstick" (in an obvious nod to Philip Jonson & John Burgee's "Lipstick" on Third Avenue and 53rd street)...

Continue reading: SoHo to Get a "Mini-Lipstick" Building »


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Archstone-Smith To Be Acquired

Posted 31/May/2007 17:00:00 by Gromco in Archstone, Tishman Speyer

Archstone-Smith, the manager of thousands of New York apartments, sells for $22.2B.

Continue reading: Archstone-Smith To Be Acquired »


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NYC Luxury Market Third Most Expensive

Posted 09/May/2007 21:25:00 by Gromco in Trends in the NYC Real Estate Market

Despite recent record-breaking deals and contrary to what many New Yorkers probably think, New York City's luxury real estate is not the most expensive on the planet. It does, however, come in third place (after London and Monaco)...

Continue reading: NYC Luxury Market Third Most Expensive »

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