NYC Real Estate News

Mon, 12/18/2017 - 12:30
This November, the MTA announced it had hired Andy Byford as the next president of New York City Transit, the MTA agency responsible for subways, buses, para-transit services, and the Staten Island Railway. And already he’s suggested that the city’s struggling transit system requires aggressive steps to improve. According to the New York Times, he is weighing the option of shutting down lines for long periods of work with the goal of modernizing the system in years, rather than decades. Byford will begin his job next month, after a series of reports this year revealed what dire shape the subway […]
Mon, 12/18/2017 - 12:30
New renderings for 1 Park Row indicate that the project planned for the Financial District site could be getting bigger. Plans filed in October for the Guardian Realty Management project were for a 21,500-square-foot building with three floors of retail space, but renderings show that there will be about six or seven stories above the retail at least, according to New York YIMBY. The project is located at the corner of Park Row and Ann […]
Mon, 12/18/2017 - 12:00
As he prepares to move downtown, Larry Silverstein has listed his longtime home in Midtown for $13.9M. The developer plans to move into a penthouse at 30 Park Place, a condominium built by his firm Silverstein Properties, the Wall Street Journal reported. Silverstein and his wife Klara have lived at 500 Park Avenue for more than 33 years. The full-floor, five-bedroom condo unit has views of Central Park, a paneled library and a dining room. […]
Mon, 12/18/2017 - 11:36
Widespread use of Venmo, Uber et al mean less money in the pockets of Park Avenue doormen, manicurists and other workers.
Mon, 12/18/2017 - 11:30
Exit through the gift shop: “At this point all employees should pack up their personal belongings and exit the building within the next thirty minutes.” With that, one of the fiercest wars in the real estate information space came to a quick and brutal end. Xceligent, which sought to challenge CoStar as commercial property data’s alpha dog, was put down by its owner, Daily Mail and General Trust. DMGT, citing Xceligent’s lukewarm debut in New […]
Mon, 12/18/2017 - 11:30
The Rockettes in 1925, courtesy of The Rockettes For nearly a century, the Rockettes have been an icon of Christmas in New York. From humble St. Louis origins (no, the troupe was not formed in the Big Apple) to performing when Radio City Music Hall was in disrepair and shuttering for weeks at a time, they’ve managed to continue dancing throughout the decades. Not only that, they’ve emerged as America’s best known dance troupe. Here’s the incredible history of this small team of female dancers, who have pulled off astounding, razor-sharp choreography while also fighting for higher wages and the landmarks […]