Living Near a Subway May Be Good for Your Mental Health; The Majority of NY Airbnbs Are Probably Illegal

By Diane Pham

December 2, 2015

Living Near a Subway May Be Good for Your Mental Health; The Majority of NY Airbnbs Are Probably Illegal

According to a new study, it is likely that more than half of Airbnb’s NYC rentals violate short-term leasing laws. [NYP]
Here are the best NYC neighborhoods for freshly graduated young professionals. [BI]
A new study suggests that living close to public transportation “could contribute to reduced risk of depression.” [CityLab]
Digesting Mayor de Blasio’s plan to rezone the city. [DNA Info]

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More: Real Estate Trends

$50M penthouse is the last residence available at the Upper East Side’s famed Surrey Hotel

By Aaron Ginsburg

Manhattan's famed Surrey Hotel is making a comeback. Following bankruptcy proceedings, new owners, and a renovation, the 100-year-old Art Deco landmark at 20 East 76th Street on the Upper East Side reopened last month as a condo hotel, with 100 hotel rooms and 14 condos, part of the Surrey Residences. Now, after a whisper sales campaign, just one remaining apartment is about to hit the market: a three-bedroom duplex penthouse asking $50,000,000. The sprawling residence, the building's most expensive, offers 5,195 square feet plus 2,346 square feet across three terraces and a private rooftop.
tour the penthouse