REAL ESTATE
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Westfield sued over plans to ditch Fulton Center
A plan from the Westfield Corporation to exit its 20-year retail lease at Fulton Center early is being met with a lawsuit from the New York City Transit Authority. As first reported by Bloomberg, the NYCTA sued Westfield after the mall operator announced it wanted to terminate its lease 10 years in. The suit, which aims to keep Westfield as…
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Vornado floats temporary outdoor event space at site of demolished Hotel Pennsylvania
All renderings are conceptual. Courtesy of Vornado Vornado Realty Trust may bring an outdoor event space to the site of the former Hotel Pennsylvania as it delays constructing a 56-story office tower there. As first reported by Crain’s, the developer has floated the idea of “Penn Platform,” an 80,000-square-foot space for U.S. Open tennis matches, New York Fashion Week shows,…
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21 mixed-income luxury apartments available in the Bronx, from $1,800/month
All renderings courtesy of the NYC Department of Housing Preservation and Development Applications are now being accepted for 21 middle-income apartments at a new rental development in the South Bronx. Located at 2976 Third Avenue in Melrose, the 15-story building offers residents newly constructed luxury units with spacious open layouts. New Yorkers earning 130 percent of the area median income,…
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The Brooklyn Edison Building in Downtown Brooklyn may be NYC’s next landmark
The Landmarks Preservation Commission on Tuesday voted to calendar the Brooklyn Edison Building in Downtown Brooklyn. Located at 345 Adams Street, the office building was designed by renowned architectural firm McKenzie, Voorhees & Gemlin and constructed between 1922 and 1926 for the Brooklyn Edison Company. The structure stands out for its important role in the borough’s development and its striking…
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40 gift ideas for every type of Valentine
Valentine’s Day is an opportunity to give your loved one something they will really appreciate. It could be candy and flowers – but it could also be something that, at first glance, doesn’t seem like a Valentine’s Day gift. The point is to get them something that they’ll want, like, and use. With that in mind, we’re suggesting a variety…
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New York lawmakers propose new state agency for affordable ‘social housing’
New York lawmakers want to create a new publicly-funded agency to address the state’s ongoing affordable housing crisis. State Sen. Cordell Cleare and Assembly Member Emily Gallagher on Tuesday introduced a bill proposing the creation of the Social Housing Development Authority (SHDA), a new agency that would use state money to finance the creation of permanently affordable, 100 percent union-built…
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Visit the Frick Collection at the Breuer Building before it closes in March
All photos courtesy of Joseph Coscia Jr. Here’s your last chance to visit the Frick Madison at its temporary home inside the brutalist icon the Breuer Building. The Frick Collection, which has temporarily resided at 945 Madison Avenue since 2021, is closing its doors on March 3 as the art institution prepares to move back to its newly-renovated, historic home…
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Look out on the city from high above the Lower East Side in this $3.8M penthouse
All photos courtesy of Rise Media Manhattan’s Lower East Side is enjoying a true 21st-century glow-up; this three-bedroom penthouse atop 196 Orchard Street embodies the layers of luxury that now define the storied neighborhood. The 1,925-square-foot condo offers an iconic city perch surrounded by 18-foot ceilings and views of downtown Manhattan through bronze-edged casement windows. Interiors are the picture of…
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Frank Lloyd Wright’s horseshoe-shaped home in Connecticut sells for $6M
Photos by Udor Photography A 1950s Connecticut home designed by Frank Lloyd Wright has sold for $6 million. Known as “Tirranna,” an Australian Aboriginal word meaning “running waters,” the home at 432 Frogtown Road in New Canaan measures over 7,000 square feet and sits on 14 acres, making it one of the largest private residences ever completed by the famous…
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NYC brokerage to pay state $260K after allegedly charging excessive broker fees
A Manhattan real estate brokerage accused of scamming tenants with excessive broker fees has agreed to pay the state $260,000 in penalties. Gov. Kathy Hochul on Thursday announced a settlement with brokerage firm City Wide Apartments, Inc. after an investigation by the New York Department of State, which licenses real estate agents, found the firm charged exorbitant brokerage fees, in…
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