Fannie Mae, Freddie Mac extend “first look” program for homebuyers competing...
An important resource for first-time and other homebuyers who find themselves in unfair competition with deep-pocket investors bearing cash just got better: The two biggest players in the mortgage...
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Starchitects, interior designers collaborate on luxury condos
From left: Interior of 71 Laight Street, 520 West 28th Street and the interior of 135 East 79th Street The practice of tapping a “starchitect” and a well-known interior designer to craft luxury...
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Jimmy Fallon dubbed 2014′s most desirable neighbor, home break-ins surge...
December is the peak month for home burglaries 1. Funnyman Jimmy Fallon dubbed 2014′s most desirable celebrity neighbor [Zillow] 2. Home break-ins surge during the holidays [CNN Money] 3. Victoria...
View ArticleRocky housing market expected for 2014
The recent ups and downs of mortgage rates and home sales are expected to carry over into the new year. If rates undergo another radical shift, the turbulence in the housing market will continue,...
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Kimmelman in the dark about Central Park’s skyscraper problem: Architecture...
From left: Michael Kimmelman, One57 and Central Park South (credit: Alex Filatov) In a recent article, the architecture critic of the New York Times, Michael Kimmelman, questioned the wisdom of...
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City looks for developers to build Kips Bay biosciences center
455 First Avenue The city’s Economic Development Corporation and Department of Mental Health and Hygiene are looking for developers to turn part of a Kips Bay building into a center for bioscience...
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Video game mogul buys Upper East Side condo for $10.8M
135 East 79th Street and Gregory Fischbach Gregory Fischbach, founder of now-defunct video game publisher Acclaim Entertainment, grabbed a condominium unit at the Brodsky Organization’s 135 East 79th...
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West Chelsea condos amp up artsy accoutrements
560 West 24th Street Developers Adam Gordon and Tavros are aiming to honor Chelsea’s artistic heritage with a series of accoutrements geared at art collector buyers in their new condominium development...
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City’s Tribeca court move spurs Sheldon Silver-backed lawsuit
From left: 346 Broadway and 66 John Street Tribeca homeowners and businesses put on short notice of a relocation of a probation office to their neighborhood are taking New York City to court for making...
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Top residential agents of the week
From left: Elizabeth Sahlman, Liora Yalof and 525 Park Avenue Price: $16,500,000 Listing broker: Elizabeth Sahlman and Liora Yalof of the Corcoran Group Address: 525 Park Avenue From left: Amanda...
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UFO-inspired holiday house opens in Austria
UFOGEL Just because a house is small doesn’t mean it can’t have big architectural ambitions. For example, take this 485-square-foot holiday home in Nussdorf, Austria. The house, dubbed UFOGEL, is a...
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Meatpacking sees renewed BID push
Meatpacking District The Meatpacking District is seeing a renewed effort to form a business improvement district in the neighborhood, following a failed attempt several years ago. Currently the...
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Brooklyn library seeks public input on proposals
Proposal B, the tallest of the proposals for the Brooklyn Heights library site. The Brooklyn Public Library is asking for public feedback regarding several proposals to redevelop the site of the...
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City public housing may end $70M police payments
THe Louis H. Pink Houses in Brooklyn Keeping the projects safe doesn’t come cheap in New York City. The city assigns about 2,000 officers to New York City Housing Authority buildings, at a cost of...
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Ringing up the register: The top owners, brokerages and deals in New York...
From left: Stanley Chera, Jeff Sutton, and Jason Pruger and Jeffrey Roseman of Newmark Grubb Knight Frank From the January issue: The genie is long out of the bottle on the money-making potential of...
View ArticleWilliamsburg developer Menachem Stark kidnapped
Menachem Stark, a Brooklyn-based real estate developer from the Satmar Hasidic sect, has been kidnapped from his Williamsburg office, according to police reports. Police said that Stark was kidnapped...
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Bloomberg on track to meet 165K affordable units goal
A screenshot of the New Housing Marketplace Plan The Bloomberg administration is well on its way to meet – in fact, exceed – its goal of building or preserving 165,000 affordable housing units by July...
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Three buildings coming soon to Atlantic Avenue
From left: Renderings of 66 Boerum Place and 252 Atlantic Avenue Midtown Equities’ 160,000-square-foot mixed-use development is one of three new projects likely to change the face of Atlantic Avenue,...
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62% of brownstone Brooklyn homes sold at or above ask in Q4
Aleksandra Scepanovic and Prospect Heights brownstones Bidding wars raged on in brownstone Brooklyn as roughly 62 percent of houses sold at or above their asking price in the fourth quarter of 2013,...
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Multistory modular building to hit NYC market for first time
Construction of the Stack at 4857 Broadway and a rendering of the building Hot on the heels of its first Starbucks, the Inwood neighborhood welcomes the city’s first multistory modular apartment...
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