Tag Archives: real estate

Former Citigroup CEO Sanford Weill has listed his Central Park-adjacent apartment for $88M, a price which, if met, would far eclipse the above records. If the sale of the penthouse closes for anything near that price, it would set a record for the sale of a Manhattan apartment. The limestone building, which was designed by Robert A.M. Stern and developed …

Gadfly tenant activist Jimmy McMillan, whose campaign for New York governor charmed many, is being evicted from his apartment. You may recall that McMillan ran on the Rent Is Too Damn High ticket. In a switch, McMillan says his landlord is kicking him out because his rent is too damn low. Jimmy McMillan says he pays $872.96 for a rent-controlled …

Manhattan’s Hotel Chelsea, arguably the most famed home of New York City’s arts legends, has been sold and is closed. Saturday night was, by all indications, the last night that the Chelsea Hotel on West 23rd Street would be open to guests, though the duration of the closing, the first in its history, was unknown. The building is to be …

Supposedly liveable at a yard-wide at its narrowest point. (Source)

In square meters. (Source)

Aspirational magazine publisher Conde Nast has signed the long-awaited deal to assume over one million square feet of office space in One World Trade Center, which when completed will be the tallest skyscraper in the nation. The lease marked the largest single tenant to be brought into Lower Manhattan in years. The project is being developed by the Port Authority …

The residents of an Upper West Side condo tower have voted to ban smoking in their building, even if the unit owner has been doing so for years. It’s the city’s first such retroactive ban in a residential building. Even smokers who moved into the building, the Ariel West, before the ban must abide by it. The building is one …

Inspired by the space-saving furniture on yachts, a Barcelona man turned his 250 square feet apartment into a “Lego-style” living space.

After buying a new condo, a San Francisco man is upset because he wasn’t warned in advance that his downstairs neighbor is into noisy leather sex. And now he can’t let his ten year-old son move in. Hagerty said all was well until he announced that he intended to remove the carpet and padding in his unit to help with …

According to a real estate study quoted by Gothamist today, it makes more financial sense to rent in New York City: “The median list price (for the top 50 cities) is $140,201.37, but the median price for a 2-bedroom apartment in NYC is $1.3-1.4 million! Median rent (for the top 50 cities) is $1,871.65, but it’s $3500-4000 in NYC for …

The New York Times says that with this week’s opening of a new 40-story tower at 42nd Street and Eighth Avenue, the 30-year remodel of Times Square is finally over. The plan, to radically make over 13 acres, between Broadway and Eighth Avenue, primarily fronting 42nd Street, outlived three mayors, four governors, two real estate booms and two recessions. It …

Google has agreed to pay $1.8B for its massive Manhattan office building, which looms over Chelsea and covers an entire city block. Real estate watchers say the move signals a rebounding in New York’s long-slumping office space market. “This decision is further evidence that large-scale buildings are trading once again,” said Ross Moskowitz, a real estate lawyer at Stroock & …

Former Republican National Committee chairman Ken “Closet Case” Mehlman has bought a $4M loft in the heart of Chelsea, where he’ll run into fellow tenants Lance Bass and Marc Jacobs in the elevator. Curbed reports: Mehlman just paid $3.775 million for a 2,200-square-foot 2BR/3BA loft on the 17th floor, and according to the listing (still viewable on the rather spectacular …

Following the death of a Manhattan man after the railing on his 24th floor balcony gave way, NYC has banned residents at 16 buildings from using their balconies. Inspectors have also found that about 800 building owners have failed to file inspection reports, required every five years, demonstrating the safety of their balconies and terraces. Teams have been conducting street-level …

The board of directors of the 1.2 million member National Association of Realtors (NAR) has approved a rule that bans its members from discriminating against clients based on their sexual orientation. The board amended Article 10 of the Code of Ethics, which addresses “duties to the public.” That part of the Code already prohibits realtors from discriminating against customers on …

The secretive Catholic group Opus Dei has purchased a $7.5M townhouse near their opulent headquarters in Manhattan’s posh Murray Hill. The house was bought by the Rosemoor Foundation, whose Web site says it funds “cultural centers and activities whose origin and mission are inspired by the Catholic Prelature of Opus Dei.” The foundation bought the place from hedge-funder Albert J. …

Rush Limbaugh has placed his $14M Fifth Avenue penthouse on the market and lawds, there’s some tacky ass shit up in that joint. Gawker has many more hilarious photos.

The owners of NYC’s Stuyvesant Town and Peter Cooper Village, which were purchased in 2006 in the largest real estate deal in U.S. history, have defaulted on their loans and are turning the properties over to creditors. “We make this decision as we feel a battle over the property or a contested bankruptcy proceeding is not in the long-term interest …

New York Social Diary reports a rumor that Sarah Palin is shopping for a new home in the Hamptons. The rumor going around is that Sarah Palin, the now ex-governor of Alaska, has been looking at real estate in the Hamptons and is considering three different properties in Hampton Bays. The presumed projection is that Ms. Palin is going to …