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A Closer Look at NoMad – Manhattan’s “New” Neighborhood
June 5, 2014

A Closer Look at NoMad – Manhattan’s “New” Neighborhood

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New York's ever-changing culture is reflected in the surge of new neighborhood names that have sprung up recently — LeDel (below Delancey Street), RAMBO (right around the Manhattan Bridge Overpass), or, one of the most inventive, BoCoCa (the area that is intersected by Boerum Hill, Cobble Hill, and Carroll Gardens). Fortunately or unfortunately, none of these creative monikers have stuck. One that has, though, is NoMad (north of Madison Square Park), bound by 25th Street, 30th Street, Avenue of the Americas, and Lexington Avenue. NoMad has become a go-to place for culture, food, business, and residential opportunities. During the last five years, the neighborhood has seen price-per-square-foot averages rise by 40 percent; the average price per square foot for a condo is now $1,791 compared with $1,279 in 2010.
How did this transformation in NoMad occur? Find out here.
Market Snapshot: The Week of June 4, 2014
June 4, 2014

Market Snapshot: The Week of June 4, 2014

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NYC's first family is bidding adieu to Brooklyn. After six months in office, Mayor DeBlasio and his brood are moving into Gracie Mansion. Chirlane McCray, DeBlasio's wife, made it official on Monday by announcing the move on her Tumblr. A six-bedroom space at One Beacon Court is the city’s most expensive new listing of the week, asking for $32.5 million. But if that's too steep for you, you can always move into this one-of-a-kind, three-bedroom penthouse at 30 Bond, currently up for $5.5 million. During May 5th-11th, 79 condos sold for an average price of $2.3 million; while 103 co-ops changed hands for an average of a million. The market it quiet for this time of year, but a unit in One57 managed to sell for $20.4 million — the most expensive of the week. And what the heck is NoMad? You know your neighborhood has "arrived" once it's christened with a new name — particularly an acronym. We take a closer look at what's happening north of Mad.   For market trends, the latest real estate listings, and an inside scoop on the city’s coolest buildings, we turn to CityRealty‘s Weekly Market Snapshot for the scoop.
the full details this way
Your Daily Link Fix: Bed Stuy Says Goodbye to Lenny Kravitz’s Childhood Home; Rocket Joe’s Pizza Closes
June 2, 2014

Your Daily Link Fix: Bed Stuy Says Goodbye to Lenny Kravitz’s Childhood Home; Rocket Joe’s Pizza Closes

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7 Galleries Amping Up The Art World: Galleries are slowly moving from a blank canvas that showcases art to a work of art themselves. Architizer explores some galleries that are enhancing their art through intriguing architecture. Bed Stuy Says Goodbye to Lenny Kravitz’s Childhood Home: The Brownstoner mourns with Bed Stuy locals as the musician’s grandparents home […]

Your Daily Link Fix: Starchitects Wear Their Buildings as Hats; NASA Prepares for More Mars Exploration
May 30, 2014

Your Daily Link Fix: Starchitects Wear Their Buildings as Hats; NASA Prepares for More Mars Exploration

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NASA Prepares For More Mars Exploration: Just 2 years after Curiosity touched down on the red planet’s surface, NASA is working on a way to get bigger vehicles there. FastCo. has the inside info. Starchitects Wearing Their Buildings: Architizer has prints from Brooklyn illustrator Paul Stuller, depicting some of the world’s most famous architects wearing […]

Your Daily Link Fix: Stylish Bathroom Accessories for Baby Boomers; A Look at Apple’s First Attempt at the Smartphone
May 22, 2014

Your Daily Link Fix: Stylish Bathroom Accessories for Baby Boomers; A Look at Apple’s First Attempt at the Smartphone

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Swarm of Bees Removed From Williamsburg Street: Williamsburg was abuzz yesterday, but not anymore. A beekeeper removed a swarm of 24,000 bees from Montrose Avenue yesterday. DNAinfo has the story. 6 Shots of the Demolition of Cherry Street Pathmark: They came in like a wrecking ball! They’re clearing out the Cherry Street Pathmark to make […]

Market Snapshot: The Week of May 21, 2014
May 21, 2014

Market Snapshot: The Week of May 21, 2014

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Despite sky-high sales at several marquis buildings, condo pricing in Manhattan is down 1.8 percent in the current three month period as compared to the last 90 days. Hotelier Ian Schrager has released renderings for his long-awaited mixed-use condo hotel – Public – at 215 Chrystie Street on the Lower East Side. Is Jake Gyllenhall apartment hunting in Tribeca? New York City versus…. San Francisco?! How two of the priciest cities in the US compare in a head-to-head real estate challenge evaluating the "grittiest" and most glamorous neighborhoods of the two. For market trends, cool listings, celeb real estate news, and eye-opening comparisons, we turn to CityRealty‘s Weekly Market Snapshot for the scoop.
Get the full report here
Your Daily Link Fix: A Police Gym Turned Penthouse is on the Market; 10 Facts About the 9/11 Pavilion
May 16, 2014

Your Daily Link Fix: A Police Gym Turned Penthouse is on the Market; 10 Facts About the 9/11 Pavilion

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Pinterest Helped Build Apt CB2: The results are in. Pinterest users helped decorate 5 rooms. Apartment Therapy has the final look. Penthouse in Former Police Gym on the Market: One person’s police gym is another person’s… 6,600 square foot duplex penthouse! This unbelievable transformation has earned itself a price tag of $31.495 million. MTA Looks to […]

Market Snapshot: The Week of May 16, 2014
May 16, 2014

Market Snapshot: The Week of May 16, 2014

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Flatiron and Midtown West have seen dramatic neighborhood price increases over the last 90 days. And surprise, surprise, sales in One Madison and the uber pricey, uber tall One57 are the two forces driving the change. Azad Ali talks about two decades spent preserving and restoring old homes in Prospect Park South, Ditmas Park and Midwood in Brooklyn. Fans of Breakfast at Tiffany’s will want to check out the $10 million listing for that little townhouse where fictional Holly Golightly entertained her many suitors. Learn about Mexico-born Ismael Leyva, the workhorse architect who has risen to prominence designing interiors for Related Companies projects like One Carnegie Hill, the TriBeCa Royale and The Brompton.   For market trends, cool listings and interesting tidbits about New York's most noteworthy buildings and neighborhoods, we turn to CityRealty‘s Weekly Market Snapshot for the scoop.
Get the full report here
And the Cycle Continues: Stuy Town Ownership to Change Hands Again

Photo via Wiki Commons

May 14, 2014

And the Cycle Continues: Stuy Town Ownership to Change Hands Again

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It looks like Stuyvesant Town-Peter Cooper Village may be headed back to auction. Manhattan’s largest rental community is no stranger to the game of musical chairs that their owners have been inadvertently playing. The complex, comprised of 80 acres, 110 buildings, and 11,231 units between 14th and 23rd Streets, has had an interesting decade. It sold to Tishman Speyer Properties and BlackRock for a record $5.4 billion at the height of the real estate boom in 2006. Despite being accused of trying to push out lower income residents with high prices, they actually defaulted on their loan in 2010. Ownership of the property was transferred to the lenders, represented by CWCapital.
Drama in Stuy Town
Your Daily Link Fix: Scarface Home on the Market for $35 Million; Williamsburg Edges Out Dumbo as Brooklyn’s Most Expensive
May 12, 2014

Your Daily Link Fix: Scarface Home on the Market for $35 Million; Williamsburg Edges Out Dumbo as Brooklyn’s Most Expensive

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Art Project Uses Graffiti to Spruce up Bronx neighborhood: The New York Daily news talks about how the Bronx Park East Community Association partnered with local artists to trade unsightly tagging for beautiful murals. Food Trucks Stuck in Park: Crain’s New York discusses how some of these New York staples are turning to brick and […]

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