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This is the list of recent news from all categories.

Manhattan Vacancy Rate Up Slightly

Citing a report by Citi Habitat brokers, "The Real Deal" reported that the vacancy rate on the island went up slightly from 0.43 percent in May to 0.56 percent in June.

Continue reading: Manhattan Vacancy Rate Up Slightly »


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Press Bits: Astor Place Wrongs

Posted 26/Jun/2006 19:50:35 by Gromco in Astor Place, Gwathmey Siegel & Associates Architects LLC

The June 26, 2006 issue of New York magazine analyzes the reasons for slow sales at Astor Place.

Continue reading: Press Bits: Astor Place Wrongs »


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Bronx Affordable Apartments Lottery

Posted 05/Jun/2006 by Gromco in Affordable Housing in NYC, The Bronx

The Department of Housing Preservation & Development announces an affordable housing lottery for 53 apartments in a new development in the Bronx.

Continue reading: Bronx Affordable Apartments Lottery »


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Ferry Between Yonkers and Lower Manhattan

Posted 28/May/2006 by Gromco in NYC Transportation

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).


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One Avenue B Website Launched

Posted 17/Apr/2006 by Slavito in One Avenue B

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


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Cooper Square Affordable Housing Lottery

Posted 28/Feb/2006 by Gromco in Affordable Housing in NYC, East Village

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
Completed applications should be returned to the P.O.Box listed with the application.


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Equity Residential Buys a West Village Building

Posted 04/Feb/2006 by Gromco in Morton Square, Equity Residential, West Village

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.


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Condos on top of Russian Tea Room

Posted 01/Feb/2006 by Gromco in Central Midtown

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."
Apparently, just 17 apartments will take up no less than 29 floors (some will have a second level).


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Stonehenge West Building Sold

Posted 18/Jan/2006 by Gromco in Stonehenge Management LLC, Stonehenge West

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


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New Residential Projects On Norfolk Street

Posted 07/Jan/2006 by Slavito in Lower East Side

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.

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