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Construction unemployment drops to lowest mark in five years for month of May
Construction employment increased by 7,000 jobs month-over-month in May, which helped push construction unemployment down to 10.8 percent — its lowest May level in five years, according to a release...
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UES couple sues Duane Reade over view-blocking HVAC installation plans
From left: Yaira Singer, Matthew Binstock and 401 East 86th Street An Upper East Side couple has filed a lawsuit against drug store Duane Reade and their building’s co-op board over the planned...
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Working hard or hardly working?
Stuart Elliott From the June issue: It’s a basic fact about New York City and its attendant hustle and bustle: People here work their butts off. Most people view summer as a time to kick back and...
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Madonna’s Central Park West co-op sells for $16M, community board shoots down...
5Pointz in Long Island City 1. Average rental price in Brooklyn climbs 4 percent, to $2,503 per month, MNS report says [Dumbo NYC] 2. Madonna’s 41 Central Park West co-op sells for $16 million — $4...
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Greenwich Village block-front leasehold for sale
Adelaide Polsinelli and 44-58 East 8th Street Eastern Consolidated’s Adelaide Polsinelli and Gary Meese are marketing the leasehold interest in an entire Greenwich Village block-front, the New York...
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Top residential agents of the week
From left: Yancy Foster and 174 East 75th Street Price: $13,250,000 Listing Broker: Yancy Foster of Pan Brothers Associates Address: 174 East 75th Street From left: Victoria Logvinsky and 1 Central...
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15th floor at 778 Park selling for $29 million
778 Park Avenue A three-bedroom apartment covering nearly the entire 15th floor at the Rosario Candela-designed 778 Park Avenue has been listed for $29 million, the New York Times reported. The...
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Huge office block opening up at McGraw-Hill tower
The McGraw-Hill Building The largest contiguous block of class A office space in Midtown will soon come available at 1221 Sixth Avenue on Rockefeller Center’s west side, where Cushman & Wakefield...
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Real estate apps coming to Google Glass
Google Glass People searching for homes can now look up from their phones while checking out a neighborhood, as websites like Trulia begin offering apps on Google Glass, the New York Times reported....
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First look at 202 8th Street’s new amenity spaces: PHOTOS
202 8th Street roof deck Amenity spaces at 202 8th Street — the Gowanus rental project, developed by JDS Development and Property Markets Group, that recently began leasing — have been completed, and...
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Hermes signs deal at Brookfield Place
From left: A Hermes store and a rendering of Brookfield Place Luxury retailer Hermes has inked a deal for a storefront space at the newly rebranded Brookfield Place in Lower Manhattan, formerly known...
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Slumlords beware: Rentenna feature lets tenants look up building complaints
Rentenna co-founder Alicia Schwartz Rentenna, a New York City-based rentals site, today unveiled a search function that allows would-be tenants and brokers to look up violations and other complaints...
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Gramercy’s Story House condo sells out
Interior images taken at the Story House condo The Manhattan Skyline-developed boutique Story House condominium has sold out, according to a release from the developers. The top-floor penthouse was the...
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Rental conversion planned for Tribeca’s 319 Broadway
319 Broadway A luxe rental conversion is coming to Tribeca, according to BuzzBuzzHome. Located at 319 Broadway, the eight-unit project is being developed by United American Land. The units will be a...
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Midtown firm pays $81M for Soho building
From left: Laurence Ross, Lee Spiegelman and 375 West Broadway Real Estate Equities, an under-the-radar Midtown-based property investment firm, paid $81 million for the five-story Soho office and...
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Times Square building next door to Witkoff project in contract for $10.6M
From left: 146 West 47th Street (center) and Kevin Salmon of Khizer Salmon A prime bit of Times Square retail, next door to the Witkoff Group’s massive planned retail and hotel project, is in contract...
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Hearst Tower window washers stuck on roof, Willis CEO chops price of UES...
Hearst Tower 1. Firefighters rescue window washers trapped atop Hearst Tower [DNAinfo] 2. Willis CEO reduces price of 995 Fifth Avenue co-op to under $30 million [NYO] 3. Schorsch’s RCAP Holdings buys...
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Rockrose to sell 22 River Terrace rentals
22 River Terrace and Henry Elghanayan Rockrose is aiming to unload 22 River Terrace, a 324-unit rental building in Battery Park City, Real Estate Weekly reported. The 28-story property could be turned...
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Homeowners underwater in New York area plummets
Click to enlarge Rising home prices have helped right nearly two million upside-down mortgages across the U.S. this year. In New York-White Plains-Wayne, negative equity declined slightly from 12...
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MDLNY star investigated for altering home images
27 Downing Street and Luis Ortiz Luis D. Ortiz, the Keller Williams NYC broker and star of Bravo TV’s “Million Dollar Listing New York,” is under investigation for doctoring listing photos of a...
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