Real Estate Wire: Penn Station Expansion Moves Forward; Price Chops Across the City
Plans to convert the James A. Farley Post Office on Eighth Avenue into an elegant annex for Penn Station are finally moving ahead. [NYT] The Sunshine Hotel, one of the last operational Bowery flophouses, is downsizing one-third to make way for commercial lofts. [Bowery Boogie] Why Manhattan and Brooklyn apartment sellers have been cutting prices […]