Photo credit: Rich Weinberger Downtown Jersey City may not be the first place you’d think to look for a 6,000-square-foot townhouse on a brick-and-brownstone block, but this five-story classic at 94 Wayne Street, asking $2,750,000, is exactly that. The four-family home consists of a lower duplex (with a BBQ-ready paradise for a backyard) and three […more]
Local and federal officials on Friday announced the completion of $434 million in repairs at nine NYCHA complexes in Brooklyn, all of which have undergone conversion to private management under the controversial Rental Assistance Demonstration (RAD) program. The nine complexes include Armstrong Houses I and II and Marcy-Greene Avenues A and… Read More > The […more]
In the News ‘We Need All Eyes on This’: Police Officers Hunt for Subway Gunman [NYT] What’s the Best Way to Find a Gifted 4-Year-Old in NYC Schools? [NYT] Heat Concerns Raised Before Runner Died in Brooklyn Half Marathon [NYT] He Won the Lottery for an Affordable Apartment, After Years of Trying [NYT] De Blasio… […more]
Façade installation continues on 451 Tenth Avenue, a 45-story residential skyscraper in Hudson Yards. Designed by Handel Architects, developed and constructed by Related Companies, and co-developed with Spitzer Enterprises, the 587-foot-tall structure will yield an undisclosed number of rental units as well as a restaurant, a new Equinox fitness center, and a senior living facility by Atria […more]
Construction has topped out on 202 East 23rd Street, a 20-story residential building in Kips Bay, Manhattan. Designed by Hill West Architects and developed by SMA Equities, the 90,000-square-foot structure is being built to Passive House standards and will yield 108 units in studio to two-bedroom layouts, with 28 of the apartments designated for affordable housing. KSK […more]
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend. According to data […more]
I think one of the most difficult things for upscaling homeowners as they contemplate transitioning into a high-rise from a sprawling single-family home — one with myriad closets, a pool, possibly a home theater, and an exercise room — is “how will my collection trove of eclectic furnishings look in a modern high-rise?” Let’s face […more]
When was the last time you looked through the photos of a beautiful home on a website or in a magazine layout? Did you miss anything? Probably not. The non-stylish parts of a house have been digitally removed from the photos so that all a viewer sees is style. Electrical outlets and cords, as well […more]
New York City mayor Eric Adams kicked off a weekend-long grand opening celebration for Caton Flats, a new mixed-use development with 255 affordable homes, a revitalized and expanded Flatbush Central Caribbean Marketplace, and 20,000 square feet of community space. Located at 800 Flatbush Avenue in Flatbush, Brooklyn, the development team includes BRP Companies, Urbane, the […more]
Despite the turbulence in the U.S. economy fueled by inflation, international tensions and rising mortgage rates, the private-label securities (PLS) market recorded a strong first quarter, at nearly $43 billion in issuance, and is projected to finish 2022 with record volume. That $43 billion mark represents the second-highest issuance total since the global financial crisis […more]