News (page 6)

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This is the list of recent news from all categories.

Ferry Between Yonkers and Lower Manhattan

NY Times [reports] on Port Authority's plans for a new ferry service connecting Yonkers with the Battery Park City terminal and Pier 11. The commute time is expected to be about 45 minutes and the service is slated to begin next Spring (2007).

One Avenue B Website Launched

One Avenue B [oneavenueb.com] launches the web site detailing absolutely nothing, except what the building will look like. Going through last year's newspaper advertisements we found the following helpful tidbits:

• It will be a 24-hour service condo
• The opening date is somewhere in 2007
• The apartment layouts will include studios, 1br and 2br units
• Ranging from ~450 up to ~1,250 sq feet
• Home features: wood floors, gourmet kitchens, souped-up ultra-modern appliances, bathrooms with "soaking tubs"
• Gym on premises
• Landscaped sundeck and storage

Cooper Square Affordable Housing Lottery

Dept of Housing Preservation & Development tells us that application forms for 41 affordable housing rental apartments (studio, 1-bedroom and 2-bedroom) currently under construction at 2-4 East 1st Street in the Cooper Square are of the East Village are now available. The deadline is April, 16th. Applications are to be requested from:

Extra Place Apartments
303 Park Avenue South, PMB 1122
New York, NY 10010

Equity Residential Buys a West Village Building

Equity Residential has just announced the purchase of 600 Washington - a 135-unit apartment building in the West Village for $75 million. Morton Square, located less than block away from the espanade and the West Side Highway, is a 7-story apartment building constructed in 2004. The apartments are a mix of 99 studios, 23 one-bedrooms and 13 two-bedrooms.

Condos on top of Russian Tea Room

NY Post is [reporting] that

"The owner of the Russian Tea Room plans to build a luxury residential high-rise atop the famed eatery, which shut down in 2002."

Stonehenge West Building Sold

NY Post reports that the 47-unit Stonehenge West building (120 West 86th) was recently sold by the Stonehenge Partners for $28 million.

New Residential Projects On Norfolk Street

The latest issue of "The Real Deal" [talks about transformations] of a single block on the Lower East Side - namely, Norfolk Street between Rivington and Delancey. The block will soon have three new residential buildings: the sixth-story Switch at 109 Norfolk Street, which will contain five floor-through condos, 16-story 32-unit Blue at 105 Norfolk Street, and the unnamed building on the 115-119 Norfolk Street site.

Crime Falls in 2005

NY Times says all signs point to crime [falling] across the city in 2005 for the 17th consecutive year. As of Dec 30, 2005 there had been 537 killings in the city (down from 566 a year earlier and way down from the peak of 2,245 in 1990). Other felonies, such as robbery, rape, burglary, etc are also down.

Urban Glass House

Last month's article in the Slatin Report [tells the story] behind one of the most talked-about new buildings in the city, the late Philip Johnson's "[Urban Glass House]" (330 Spring Street). Back in September, Curbed [reported] that construction had begun. The project was mentioned in the New York Times, New York Post, ID Magazine, Time Out NY and a handful of other, equally serious, publications. All this talk finally (and weeks later) made us curious: just how much would the privilege of living in this architectural masterpiece set you back? And how much space will you have inside the said masteriece? Luckily, The Villager had some [answers]. It looks like:

• There will be 40 apartments
• Their sizes will range from 1,400 sq ft (nice) to 4,300 sq ft (sweet).
• And the prices will be (drum roll, please)... from $1.6 M to $10 M.

Affordable Upper East Side Apartments Lottery

The Department of Housing Preservation and Development announced the availability of 24 affordable apartments (15 studio and 9 1-bedroom apartments) in two buildings currently under construction at 417 East 76th Street and 438 East 76th Street. Future tenants will be selected by lottery. Applications are accepted from low-income households (see details). They must be postmarked by January 17th, 2006.

Continue reading: Affordable Upper East Side Apartments Lottery »

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