REAL ESTATE
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Largest fleet of tall ships to sail into NYC coming next summer as part U.S.’s 250th anniversary
Next year, the largest fleet of tall ships ever to sail into New York Harbor will arrive to celebrate America’s 250th anniversary. From July 3 through July 8, 2026, the once-in-a-generation “Sail4th 250” will bring six days of festivities across the five boroughs, including the arrival of 30 tall ships and 40 gray-hull vessels from around the world on July…
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What $1 million gets you in 2025: A borough-by-borough breakdown
Remember the days when owning a $1 million apartment signified that someone was “rich?” Now, it’s hard to find a decent condo for much less, especially if you need multiple bedrooms or want to be in a desirable neighborhood. But there are hidden gems if you know where to look, and are perhaps willing to sacrifice a few items on…
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As part of $116B budget deal, city will expand 7-day library service
Ten New York City public libraries will now be open seven days a week, thanks to $32.7 million in funding included in the city’s fiscal year 2026 budget. On Friday, Mayor Eric Adams and City Council Speaker Adrienne Adams announced a $115.9 billion budget agreement for FY26. Other key investments include over $70 million for immigration legal services, as well…
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In Chelsea, new sustainable rental opens lottery for 57 apartments, from $1,817/month
Renderings courtesy of Mabel Applications are now being accepted for 57 mixed-income apartments at a new residential development in Chelsea. Located at 335 Eighth Avenue, Mabel is a seven-story building that was developed as part of the Penn South co-op complex. Designed to achieve Passive House standards, the sustainable rental has 188 apartments, modern amenities, and a ground-floor Lidl supermarket.…
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This $4.6M Hudson Valley property is equal parts historic homestead and chic, contemporary estate
All photos courtesy of The Lillie K. Team at Four Seasons Sotheby’s International Realty Down a tranquil stretch of road in Germantown, New York, a long gravel drive leads to Barnswood, the Hudson Valley estate at 153 County Road 6. Once part of the original Livingston estate, the land, spread over eight acres of meadow and woods, was returned to…
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Congestion pricing is reducing traffic outside of Manhattan, too, report says
Congestion pricing has already led to fewer traffic delays in Manhattan’s central business district—and beyond—according to a new report. Released Wednesday by the Regional Plan Association (RPA), the analysis, “Congestion Pricing: Faster All Around,” finds that traffic delays in Manhattan are 25 percent lower than projected without the tolling program, while delays in areas just outside the borough have dropped…
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City looks to build mixed-use project with up to 900 homes on Hunter’s Point South parcel
Image courtesy of the Department of Housing Preservation and Development The city is seeking a developer to build a mixed-use development on one of the last vacant parcels in the Hunter’s Point South neighborhood of Long Island City. The Department of Housing Preservation and Development last week issued a request for proposals for Parcel E, the sixth of seven sites…
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Bronx casino bid at former Trump-owned golf course can move ahead after Council vote
A plan to bring a casino to a Bronx golf course once owned by Donald Trump took a step forward this week. The City Council on Wednesday voted 32-12 to pass a home rule resolution that allows state lawmakers to advance legislation supporting Bally’s Corporation’s proposed casino at the city-owned Ferry Point Park golf course, according to the Bronx Times.…
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City Council approves Related’s Hudson Yards West plan for 4,000 apartments and no casino
Rendering courtesy of Related Companies and Wynn Resorts The New York City Council on Wednesday voted to approve zoning changes to allow for thousands of new apartments, but not a casino, on the undeveloped section of Hudson Yards. Related Companies’ Hudson Yards West proposal includes four mixed-use towers, nearly seven acres of public green space, and 4,000 apartments. The original…
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Flatbush Avenue overhaul includes center-running bus lanes and pedestrian islands
A rendering of the Flatbush Avenue bus lane proposal at Flatbush Avenue and Fourth Avenue. Images courtesy of NYC DOT New York City has proposed new center-running bus lanes along parts of Flatbush Avenue to improve safety and speed up service on one of the city’s most dangerous corridors. Unveiled Friday by the Department of Transportation (DOT), the project would…
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