REAL ESTATE
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This $75M Chelsea penthouse includes the city’s largest private outdoor pool
All photos courtesy of Brad Stein When we behold corporate executive/real estate investor David Weinreb’s west side trophy penthouse at 551 West 21st Street, a few questions may arise: Why does someone need three elevators? Do we want to walk through the wine closet to get to the living room? Is the West Side Highway a $75 million streetscape? And…
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NYC Council approves legislation regulating helicopter trips after deadly crash
The New York City Council this week passed legislation regulating certain helicopter flights, two weeks after a tourist flight crashed, killing six people. Sponsored by Council Member Amanda Farías, Intro 26-A prohibits helicopters that do not meet stringent federal noise standards from operating for non-essential purposes out of city-owned heliports. The ban would take effect in 2029. The bill aims…
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Trump threatens federal funds for NYC transportation projects over congestion pricing
President Donald Trump’s administration ramped up its threats to New York and set a new deadline to end congestion pricing over the weekend. In a letter to Gov. Kathy Hochul, U.S. Transportation Secretary Sean Duffy said the state needs to end New York City’s congestion pricing program or risk losing federal funding for transportation projects. Duffy’s letter came one day…
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The Upper East Side co-op where George Plimpton entertained the literary elite asks $5.25M
Photography credit: Ellen Silverman Photography for Douglas Elliman This house-sized duplex at 541 East 72nd Street, like so many of its Upper East Side neighbors, represents an era in New York City’s social and cultural history. The 4,700-square-foot co-op is the former residence of literary luminary George Plimpton. The journalist, writer, and editor was known for hosting the city’s literary…
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Under new NYC law, charging an illegal broker fee could result in $750 fine
When a new city law banning forced broker fees takes effect this June, landlords and brokers who charge tenants a fee could face fines starting at $750. As first reported by Crain’s, the Department of Consumer and Worker Protection (DCWP) on Monday proposed penalties for violating the Fairness in Apartment Rental Expenses (FARE) Act, which was passed by the City…
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NYPD to launch unit targeting ‘quality-of-life’ issues next week
A new NYPD division focused on quality-of-life issues like illegal parking, noise complaints, and homeless encampments will begin work across New York City next week. Starting Monday, the new units, called “Q Teams,” will begin work in five precincts and a public housing development, covering neighborhoods like the South Bronx, Far Rockaway, Coney Island, Union Square, and East New York.…
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NYC seizes building from negligent landlord for first time in seven years
Streetview of 2205 Davidson Avenue, Map data © 2024 Google New York City has taken ownership of a building from a negligent landlord for the first time in over seven years. After a decade of organizing by tenants against landlord David Kornitzer, the city has foreclosed on the 49-unit building at 2201–2205 Davidson Avenue in the University Heights section of…
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Upper West Side’s Metro Theater on track to reopen after 20 years
A long-vacant, landmark movie theater on the Upper West Side finally has new owners following a $3.5 million funding boost from Gov. Kathy Hochul. The nonprofit Upper West Side Cinema Center on Sunday purchased the Metro Theater for $6.9 million, with help from Hochul and an additional $500,000 in grants from the State Senate. The nonprofit plans to restore the…
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Car-free Earth Day celebration kicks off NYC’s Open Streets season
New York City’s Open Streets season kicks off on April 26 with its largest Car-Free Earth Day celebration ever, turning more than 54 streets across the five boroughs into vibrant public spaces. The Department of Transportation (DOT) on Thursday announced that the city’s annual Car-Free Earth Day will include a record-breaking 54 streets and plazas, along with expanded programming in…
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Bryant Park Grill sues to stop Jean-Georges takeover
The owner of Bryant Park Grill is taking legal action to stop the 30-year-old restaurant from being replaced by a new Jean-Georges Vongerichten venture. Michael Weinstein’s Ark Restaurants Corp on Monday filed a lawsuit against Bryant Park Corporation (BPC), alleging the bidding process was neither publicly advertised nor transparent and was “unfairly steered” toward the Seaport Entertainment Group, the winning…
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