Blockbuster Greenwich Lane Closes Its First Sales, Each Eight Figures
more on the significance of the two sales here
SHoP architect Gregg Pasquarelli and Vishaan Chakrabarti of Partnership for Architecture and Urbanism (and formerly of SHoP) talk about all of the infrastructural and architectural improvements NYC needs. The pair cite solutions spurring change in other cities around the world as examples of what we should be doing. [Curbed via Wired] The NYC Marathon generates millions of dollars for the city […]
Renderings of the tower at 900 feet, courtesy of CityRealty
25 years after the original “Do the Right Thing” was released, Jimmy Kimmel has made his own hilarious and painfully accurate sequel, “Do the WHITE Thing.” [DNA Info] The sign that marked Andy Warhol‘s former home at 1342 Lexington Avenue has been removed by its current owners. [NYDN] The iconic NYC diner will likely go extinct as […]
A new report from the Association for Neighborhood and Housing Development shows that city subsidies have historically gone to the neighborhoods that need it the least. [Crain’s] Why it was faster to build subways back in 1900. [Atlas Obscura] New condos in Brooklyn’s Crown Heights account for 20 percent of the borough’s sales. [DNA Info] […]
A newly announced plan for Pier 40 will see the former cargo terminal transformed into 1,500 West Village apartments. [NYT] “Jeremiah Hamilton made white clients do his bidding…And in 1875, he died the richest black American.” [The Atlantic] What real estate pros are reading. [TRD] Why pricing your apartment lower can get you more money. […]
The hot topic right now in the real estate world is undoubtedly the $5.3 billion sale of Stuyvesant Town to the Blackstone Group and Canadian investment firm Ivanhoe Cambridge. Aside from the huge sum and the fact that the apartment complex has been long-plagued, what makes this deal so huge is that the new owners agreed to […]
Kids in LA and NYC sound off about what they think about people in their rival city. [NYDN] Why we should look to Hunter’s Point as a precedent for affordable housing. [NY Mag] NY cop charged with stealing a Bed-Stuy townhouse. [TRD] The world’s tallest dorm at 33 Beekman at Pace University has opened. [6sqft inbox]