Tag Archives: real estate

Earlier this month we learned that a condo association in Florida had instituted a new rule which stipulates that their units may only be sold to single people or to legally married “husband and wife” couples. News of the new rule made national headlines and now a lawyer for the condo association has written a new bylaw that reverses the …

The seven-plex in my neighborhood has bitten the dust and the storage place next door is apparently taking over the space. The theater had been in bad shape for years.

Back in March, I reported that Chelsea’s iconic Rawhide bar was closing after 34 years in business.  Jeremiah’s Vanishing New York reports on what is going in at that location: Crain’s reports that Chelsea’s iconic gay leather bar is “being replaced by a West coast pizza chain, in another sign of the gentrification of the area around the popular High …

As if the closure of St. Vincent’s Hospital wasn’t enough of a stab to the heart of the West Village, the developers of the “individually crafted, high-end, state-of-the-art, luxury living” condos on that site have decided to jump up and down on the corpse. (Via my pal Mark)

Yesterday the New York City Council voted 47-1 to renew the lease for Madison Square Garden for a mere ten years, rather than an “in perpetuity” lease as the venue had wanted. Ten years should be enough time, officials said, for the Garden to find a new location and for the city to devise plans for an expanded Pennsylvania Station, …

My headline may seem obvious, but I actually expected San Francisco to have jumped into first place after reading an endless stream of recent stories about the housing situation there. But as Gothamist points out, NYC’s average is skewed by all those new “ultra-luxury” jillionaire sky palaces. San Francisco doesn’t have quite so many places that rent in the five-figure …

The New York state legislature has approved a bill sponsored by GOP Sen. Martin Golden that will grant tax breaks to the owners of multimillion dollar apartments at five skyscrapers presently under construction in Manhattan. The millionaires buying apartments in a soaring tower rising on 57th St. will get more than sweeping views of Central Park: They’ll also be eligible …

The Related Companies, a New York City-based real estate group with properties across the nation, has banned smoking in all 40,000 of its rental units. Although the program will roll out gradually, it appears to be the first of this scale by a national property owner. It also seems likely to create controversy. Where past efforts against smoking have focused …

Every time I read about some Russian billionaire or whoever dropping tens of millions on a Manhattan apartment, I snort and roll my eyes. But this doesn’t bother me.  Lots of photos at the link.

China has begun construction on what will be the world’s tallest building, the 220-story Sky City.  Developers claim that the tower will go up in only seven months due to its prefabricated modular plan.  The Observer takes a dim view: Economically, the building makes absolutely no sense. It will feature over 11 million square feet (or is it 13 million? …

Pads for jillionaires are going up everywhere. Ultraluxury housing and construction is booming across Manhattan, which is now beginning to rival London in popularity with the world’s wealthy. The number of condominium buildings in the borough with apartments selling for more than $15 million has risen to 49, up from 33 in 2009, according to CityRealty. And an additional 20 …

Here’s a Tumblr devoted to the shittiest apartment shares offered in New York City. Above: “East Village, Manhattan. $700.00. Loft Bed Above Closet in Kitchen.”  Not even close to the worst ones on the site.  Remember, these are shared apartments. Hit the link for others.

Super-skyscapers are rising all over Manhattan and the “Jenga” tower is the city’s latest hot building for jillionaires. Tribeca’s soon-to-be-tallest building, 56 Leonard, sold more than 70% of its 145 units in just 10 weeks — including one to a Frenchman who got so excited just from looking at renderings of the unevenly shaped structure that he bought a $6 …

The New York City Council has approved a deal with developers for a $200M makeover for the “crumbling” Pier 57, located just north of the West Village on the Hudson River. The cavernous site, which last year hosted an indoor version of NYC Pride’s famed Pier Dance, will emerge from the renovations as a 100,000 square foot “retail, food, art, …

Elle Decor has published a 17-photo look at the California ranch of Ellen Degeneres and Portia de Rossi.

$18M more than he paid for it six years ago. Details.

The 79-story One Carnegie isn’t finished yet, but its claim as the city’s tallest residential building will be short-lived because 432 Park (rendering above) will be even taller at 96 stories. That will give it the national record, eclipsing Chicago’s 92-story Trump Tower. The building, known as 432 Park, has a total asking price for its 126 units of $2.7 …

This is one of the many entrances to the sprawling 1500-acre, 7200 unit condo complex west of Fort Lauderdale where I’m staying with my ex and his partner. The place is so huge that there are eleven separate condo associations.  The units are positively gigantic by NYC standards and they almost laughably inexpensive, also by NYC standards. A large percentage …

Apple Insider speculates: An historic landmark building at the epicenter of San Francisco’s gay district is rumored to become the city’s fourth Apple Store. Citing “plugged in tipsters,” real estate blog SocketSite noted today that Apple is rumored to have set its sights on the property, which originally served as a Bank of America. The building has most recently served …