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Saturday, April 23, 2016

Curbed NY

House Flipping in NYC Threatens the American Dream

The infiltration of house flipping in affordable neighborhoods of Brooklyn and Queens is displacing residents, a study shows.

Yet Another Condo Coming to Long Island City's Jackson Ave.

There are several new projects in the development phase or have recently finished construction along Jackson Avenue such as the condo building known as The Jackson and ODA New York's rental building.

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Send photos of your home renovation to or post them on Instagram with the hashtag #Curbed, and share your stories in the comments.

Three Lower East Side Eyesores Hit the Auction Block

The unfinished 16-story Allen Street Hotel is already on the block. Now, the properties next to it, 77 and 79 Rivington Street, are also up for grabs.

NYC Cabs Will Get Rid Of Their Partitions To Appear More Friendly

With increasing competition from Uber, the TLC has decided to do away with the partition between the driver and passengers in city cabs to create a friendlier environment for all and to encourage customers to tip better.

Million Dollar Listing New York's Season Five Premiere: New Deals, New Beginnings

The men of Million Dollar Listing New York are back and better than ever, and with it returns our weekly recap of the brokers' escapades. Join us as we follow (and reflect) on Fredrik Eklund, Ryan Serhant, and Luis Ortiz's every move throughout...

NYC Approaches Green Future With New Building Emissions Standards

The new measures will require the city's building owners to make a series of environmentally-conscious upgrades, which in the end will help them save over $900 million in energy costs, and will also create 1,300 construction jobs.

Deadline to Rebuild Hurricane Sandy-Damaged Homes Causes Rising Costs

Mayor de Blasio's plan to fast track the troubled Build it Back program has resulted in rising construction costs.

MoMA Celebrates $100M Gift as the Met Plans Budget Cuts

MoMA moves ahead on an ambitious expansion with a $100 million gift from David Geffen as the MET struggles with a budget deficit.

Newly Redesigned Pierre Penthouse Returns With Smaller $57M Ask

It's been quite the saga for this apartment since it first went on the market back in 2013 for an astonishing $125 million. In the years since the ask has been reduced several times, and now the owner is giving it another shot with a modern redesign.

Could a Vertical Park Ease Congestion In Times Square?

A Shanghai-based design firm has come up with a creative solution to tackle the teeming crowds in Times Square — an amusement tower of sorts where each story something different to offer — a restaurant, a bar, a sky garden and so much more.

Streit's Matzo Factory-Replacing Condos Finally Revealed

It's been over a year since Cogswell Realty put down $31 million to take over this iconic Lower East Side establishment. Now the first rendering has been revealed for the 45-unit condo building, which includes 13,000 square feet of retail as well.

Alexis Bledel and Vincent Kartheiser Sell Their Brooklyn Heights Duplex

The celeb couple, maybe better known as Rory Gilmore of Gilmore Girls and Pete Campbell of Mad Men, have sold their Brooklyn Heights penthouse. The duo first listed it for $1.56 million last year.

New Floorplans For Robert A.M. Stern's 220 Central Park South

This development has been shrouded in mystery right from the start and once again representatives for the architect would not comment on the veracity of these floors, but at least two different tipsters have sent in several new floorplans.

Solar Panels Lead NYCHA’s Sustainability Agenda

The housing authority is trying to improve operations and bring itself into the 21st century. Its goals include energy efficiency, consistent heat and hot water, eliminating pests, reducing secondhand smoke, and more.

Brooklyn Heights Is Getting an $18M Megamansion

A former seven-unit townhouse at 146 Willow Street will soon be listed as an $18 million, single-family megamansion in Brooklyn Heights. It's the second megamansion planned for the neighborhood that was formally announced this week.

Late Flyers Owner Ed Snider's Gramercy Park Pad Reappears For $7.5M

It's been all of 10 days since Philadelphia Flyers owner Ed Snider passed away, but NYC real estate waits for no one. His Gramercy Park North pad hit the market again today, this time asking a reduced $7.5M.

Inside Soho's Tallest Residential Building, Flatiron Homage 10 Sullivan Street

Sales launched almost two years ago, but after some initial hiccups what with the change of the sales team from Corcoran to Douglas Elliman, the project is back on track and 80 percent sold. Curbed got to peek inside one of its full floor units.

Big Reveal: $1.165M For a Park Slope Triplex With Parking

Each week, we ask readers to guess how much they think a certain on-the-market-listing is asking. This week we wanted to know how much readers thought a 3BR South Slope triplex was asking. Here's the big reveal.

New Looks at Renzo Piano's Dual-Tower Soho Condo

The teaser site for Renzo Piano Building Workshop's Hudson Square condo just went live, bringing with it new renderings and signaling an imminent sales launch.

Another Sky-Grazing Tower Could Be Coming to Midtown

Investors Isaac Chetrit and Ray Yadidi have completed an assemblage of property and air rights on Sixth Avenue from West 36th Street to West 37th Street. It could lead to an 80-story tower with retail, hotel, and residential space.

Douglas Elliman Executive Howard Lorber Buys $15M 432 Park Ave. Pad

This purchase follows on the heels of a $45 million, full-floor apartment purchased by Bennett LeBow, the chairman of the Vector Group, which is the parent company of Douglas Elliman. Lorber's apartment is a half floor unit.

This Year, New Yorkers Will Spend Two-Thirds of Their Income on Rent

New Yorkers should expect to devote more of their income to rent in 2016. A new rent study turned back that only renters in one borough will be spared, and it's probably not the borough you're thinking.

Tenants Snatch Up ODA New York's Long Island City Rentals

It's just been under two weeks since the rentals launched at this neighbor to MoMA PS1, but leasing has been brisk so far with 11 units already in contract.

How a Preservation-Minded Architect Respects the Past While Designing For the Present

This week's podcast guest is Brent Buck of Buck Projects.

Second Ave. Subway Gets Huge Funding Boost Under MTA's New Budget

A $27 billion capital plan promises to bring a new MetroCard system, station overhauls and the extension of the 2nd Avenue Subway was finally approved by the MTA on Wednesday. Of course the question remains where all of this money will come from.

East New York Rezoning Wins City Council Approval

After clearing hurdles with City Planning and the City Council Land Use Committee, the plan to rezone 200 blocks of East New York has won the approval of the full City Council. The plan has now won all the approvals necessary to move forward.

William Randolph Hearst's Palatial UWS Penthouse Sold For $20M

The penthouse of Upper West Side co-op The Clarendon went into contract last year at $24 million. The sale has finally closed, marking a new chapter for the penthouse formerly owned by the publishing magnate.