Tag Archives: real estate

Comcast Replaces G.E. Sign On 30 Rock

A friend of mine took this photo today from his office across from 30 Rock. If you look closely you’ll see the nearly-installed Comcast name. Last June the New York Times reported on the sign change: Comcast, which last year bought General Electric’s remaining 49 percent stake in NBCUniversal, applied for a “certificate of appropriateness” from the city’s Landmarks Preservation …

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Facebook Moves Into New Office Building With Nine-Acre Park On Its Roof

From Mark Zuckerberg’s Facebook page: Today we moved into our new Facebook building in Menlo Park, California. Our goal was to create the perfect engineering space for our teams to work together. We wanted our space to create the same sense of community and connection among our teams that we try to enable with our services across the world. To …

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Matt Drudge Buys $2M Arizona Mansion

Via Gossip Extra: Internet arsonist Matt Drudge, who owns a sprawling property on the edge of The Everglades near Miami, just plunked down $1.9 million cash for a bunker-like house in the Arizona desert near Phoenix. With the purchase the web aggregator, 48, will be living part-time in the jurisdiction of civil rights-busting Sheriff Joe Arpaio, a favorite on his …

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New York City Issues Multiple Violations Over Sign At Harlem Hate Church

Via DNA Info: A city-issued violation could force the controversial Atlah Worldwide Church to take down its controversial sign — which often displays homophobic and racist messages — after multiple failed attempts by critics who tried to pressure the church to put a stop to what they called hate speech. The church on 123rd Street and Lenox Avenue — which …

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MAP: Salary Needed To Buy A Home

From the Washington Post: Here’s definitive proof that San Francisco’s real estate market is insane. HSH.com, a mortgage research site, has estimated how much salary you need to earn to afford the principal, interest, taxes and insurance payments on a median-priced home in 27 metro areas. On a national scale, a buyer who puts 20 percent down would need to …

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NEWARK: City Stresses That Real Estate Sale Is Open To Same-Sex Couples

A curious press release from the city of Newark: Newark, NJ – Mayor Ras J. Baraka, the Newark Municipal Council, and Deputy Mayor for Economic Development Baye Adofo-Wilson announced today that the City of Newark will sell municipally-owned vacant lots city-wide for $1,000 each to couples seeking to construct homes on them, in a “Valentine’s Land Sale Day.” The sale …

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Schock’s Worst Week Gets Worser

From Blue Nation Review: The month before the 2012 elections, Congressman Schock sold his house to a major Republican donor who was also one of his campaign supporters for a price that appears to far exceed the market value at the time. Ali Bahaj – then a Vice President at Caterpillar – and his wife Gloria have donated more than $45,000 …

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Architectural Digest Profiles Harlem Home Of Neil Patrick Harris & David Burtka

Via the Huffington Post: Neil Patrick Harris and David Burtka are giving Architectural Digest readers some major real estate envy, showing off their five-story Manhattan townhouse in the magazine’s March issue. The couple, who tied the knot in Italy last September, told the magazine that they began searching for a New York abode once Harris’ stint on “How I Met …

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Fire Island Business District Auctions To Manhattan Hotelier Ian Reisner For $10M

Via the New York Times: A strip of commercial real estate along the harbor in Fire Island Pines sold for $10.1 million at auction on Thursday to developers with plans to continue the revival of a former mecca for closeted gay men. The sale price was well below the $25 million the previous owners sought when they placed it on …

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NEW YORK: Dem Assembly Speaker To Be Arrested On Corruption Charges

Federal authorities are expected to arrest Democratic New York Assembly Speaker Sheldon Silver today on charges of corruption.Via the New York Times: The investigation that led to the expected charges against Mr. Silver, a Democrat from the Lower East Side of Manhattan who has served as speaker for more than two decades, began after Gov. Andrew M. Cuomo in March …

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$100M Condo Sale Sets NYC Record

Via the New York Daily News: It’s the crown jewel of ‘Billionaires’ Row.’ A palatial apartment on 57th St. has broken the record for the most expensive apartment ever sold in Manhattan. A mystery buyer dropped a staggering $100.47 million on the penthouse apartment, which occupies the entire 89th and 90th floors of One57, the high-end apartment tower overlooking Central …

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Headline Of The Day

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NYC Apartment Rents For $500K/Month

It’s a new record. Via the New York Observer: A full-floor rental of New York’s Pierre Hotel that was listed for $500,000 a month has found a tenant, according to the listing agents. To boot, the same renter has also reserved a separate $150,000-a-month suite for guests. Jonathan Miller, president of appraisal firm Miller Samuel, said the $500,000-a-month listing sets …

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Manhattan’s Coming New Skyline

The New York Daily News has published a recap of Manhattan’s insane boom in skyscraper construction. Embiggen the bottom image for a tally on the coming supertalls, several of which will eclipse the Empire State Building’s 1250 feet. The supertall in the center of the top image, 111 West 57th, will be the world’s skinniest skyscaper at 1350 feet tall …

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NEW YORK CITY: $165M Park Planned For Hudson River Piers In Chelsea

Via Gothamist: A crumbling old Hudson River pier once used by ocean liners like the Lusitania will be torn down and replaced by a 2.7 acre park on the water featuring rolling hills and an outdoor amphitheater. Mayor de Blasio is expected to reveal further details about the park at a press conference this morning, but the Hudson River Park …

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Video From Manhattan’s New Supertall

Via Mashable: The new 432 Park Avenue is the tallest residential building in the Western Hemisphere. It’s the first in a wave of new super-tall apartment buildings coming to New York’s skyline. Its top-story penthouse, which recently sold for around $95 million, boasts a view of the city that one would usually need a helicopter to behold. The notation at …

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Next Manhattan Supertall: One Vanderbilt

As I’ve noted in several recent posts, Manhattan is going through an unprecedented boom of new supertall skyscrapers, many of which are mixed-use hotel/retail/condo combos. New York YIMBY provides a look at One Vanderbilt, which will loom over Grand Central Terminal on Manhattan’s east side. Among New York’s existing supertalls, the 1,450-foot building will be closest to the Chrysler, which …

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More Details On Nordstrom Supertall

New York YIMBY has some new details about the planned Nordstrom tower, which will be one of the class of coming Manhattan skyscrapers that the press has dubbed “super-skinny supertalls.” An elevation profile gives a look inside the tower, and at its different components, which range from a Nordstrom at the base, to a hotel, and condominiums on the uppermost …

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NYC Luxury Condo To Rival Height Of WTC

Several skyscrapers now going up on the south end of Central Park in midtown will eclipse the height of the Empire State Building. Today New York YIMBY reveals a similar “super-luxury” condo tower planned for our billionaire overlords in the financial district. YIMBY has the reveal for 125 Greenwich Street, which will become Downtown’s tallest residential skyscraper; a tipster close …

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Zillow Buys Trulia In $3.5B Deal

Creating what is being characterized as an “online real estate juggernaut,” on Monday the realty site Zillow reached a deal to purchase Trulia, its chief competitor, in an all stock $3.5B merger. Under the terms of the deal, Zillow will pay 0.444 of one of its shares for each share of Trulia. Based on Friday’s closing prices, the takeover bid …

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