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REAL ESTATE
A look inside the $27.5M mansion in NJ that has everything
Frick Drive in Alpine is chock full of homes that are celebrations in spending. Homes of 10 or 20 million dollars or more are often bought and sold on this vaunted street. Somehow “street” seems too belittling a term. Let’s call it a “thoroughfare”. One...
NYC is selling Upper West Side apartments for less than $175,000. There's a catch
Think owning an Upper West Side apartment just steps from Central Park is only an option if you're rich? Think again. New York City is selling apartments in a pre-war, walk-up building on West 80th Street starting at just $174,000. Yes, you read that right — it's possible to own...
Lender sells Great Neck mixed-use property for $3.05M
A mixed-use property in Great Neck has sold for $3.05 million. SDK Realty, a local commercial real estate investor, purchased the two-story, 16,545-square-foot building on .22 acres at 11-19 North...
NYC real estate giant who ghosted, lied to low income tenants exposed by undercover ‘testers’: suit
A New York City real estate company was exposed by undercover “testers” for blocking low-income renters by lying to them — or even ghosting them, a new lawsuit claims. The Parkoff Organization, owner of 4,000 apartments across the city, illegally tried to turn away testers posing as would-be renters who used housing vouchers — while offering apparently wealthy applicants unlisted units and even reduced rents, according to the suit. “There is no valid or even rational reason for landlords and brokers to discriminate against people who use housing vouchers,” said Elizabeth Grossman, executive director and general counsel for the Fair Housing Justice...
Migrants evicted from shelters face limited housing options
BUSHWICK, Brooklyn (PIX11) — Elisabeth is a 21-year-old Honduran migrant living in a shelter in Bushwick, Brooklyn, and she happily professes her love for the city she now calls home. But after receiving a new letter from Shelter staff, she’s worried about where she’ll be writing her next chapter as she cares for her 3-week-old son. The […]
9 tips and tricks on how to win an affordable housing lottery in NYC
You don’t have to make a sacrifice to the gods to win an affordable housing lottery. When Manhattanites Stephanie Schroeder and her partner Lisa Haas won an affordable housing lottery eight years ago, they simply followed the guidelines. The then-Bushwick residents, one of whom lived in a fourth-floor walk-up,...
Developer eyes doubling Coney Island affordable housing
The great gamble on Coney Island is Joe Sitt’s bid for a casino, but Proto Property Services is doubling down on its affordable housing development in the neighborhood — literally. The Bronx-based developer filed a rezoning application to add to 2950 West 24th Street in the Brooklyn neighborhood,...
Historic East Village synagogue on sale as a $2.5 million home
EAST VILLAGE, Manhattan (PIX11) – A synagogue built in the East Village in 1841 and landmarked a century later is on the market now as a $2.5 million home. The three-bedroom property, which sits on the upper level of the three-unit building on Sixth Street near First Avenue, maintains its original limestone facade and stained […]
Roslyn resident named Woman of the Month
Roslyn resident Parissa Eliassian was named Woman of the Month for July 2024 by the Professional Organization of Women of Excellence Recognized, commonly known as POWER. Eliassian says she is humbled by the recognition from the organization. “I am truly honored to receive this recognition for doing what I love...
A 1950’s tower on Madison Avenue in Manhattan is slated for demolition
Manhattan’s skyline is about to lose another piece of its mid-century charm. Williams Equities is gearing up to demolish its 24-story office tower at 655 Madison Ave., according to a recent filing with the Department of Buildings, Crain’s reports. The 310-foot-tall, 200,000-square-foot structure is expected to make way for something entirely new, though the exact plans remain under wraps. Williams Equities, a near-century-old New York real-estate player, isn’t going at this alone. The firm is reportedly working with Jamestown to raze the building. Could the world’s next tallest building actually be a 3,000-foot-tall mega-battery? The future of the site? That’s still a...
Action Bronson toured this waterfront Brooklyn home — it can be yours for $3.25M
Rapper-songwriter, chef and TV presenter Action Bronson — who lost 130 pounds after vowing to get healthy during the pandemic — toured an 11th-floor unit at the Huron on the Greenpoint waterfront in Brooklyn recently. The family-sized, 1,626-square-foot corner condo is on the market for $3.25 million. Common charges are an additional $2,334 a month. The lyrical cook, who is also a wrestler with 2 million followers on Instagram, vowed to get healthy as his family grew. He is now even doing Pilates with his wife, Valeria, according to reports. The couple share a son, Benicio, who was born in...
Landlord Charged With Discriminating Against Voucher Holders Is Required To Pay
A landlord who owns numerous apartment buildings in Brooklyn and Upper Manhattan has been ordered to reimburse potential tenants whom they unlawfully turned away when they expressed their intention to use government housing vouchers as a means of rental payment. As part of an agreement reached with New York Attorney General Letitia James, Shamco Management Corp., the property owner and manager, will also be required to lease multiple apartments to individuals utilizing vouchers such as Section 8 or CityFHEPS.
Jersey City Set to Add Nearly as Many Apartments as Manhattan in 2024
While few observers would doubt the tremendous growth of Jersey City in recent years, a recent analysis demonstrates that the number of new residents being added in 2024 will once again be on par with Manhattan’s additions. RentCafe recently released a study gauging the growth nationwide of American cities...
Two Clinton Park Boasts Extensive Amenities in New Rochelle
In late July, downtown New Rochelle officially welcomed a new addition. RXR, the master developer behind the transformation of the area, celebrated the grand opening of Two Clinton Park. It’s the newest and most luxurious residential tower in its portfolio with 390 state-of-the-art apartments and extensive amenities. RXR was...
House of the Week: 11 Billington Court, Rye
The MyRye.com House of the Week showcases one of the many multi-million dollar homes on the market in and around the City of Rye. Want to suggest a house for us to feature? Contact us. Address: 11 Billington Court, Rye. Price: $3,995,000. The house: 6 bed, 4.5 bath, 4,973 square...
25 Water Street’s Residential Conversion and Expansion Progresses in Financial District, Manhattan
Construction progressing on 25 Water Street, a 32-story office-to-residential conversion and expansion in Manhattan’s Financial District. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the project involves the replacement of the building’s brick façade with a modern fenestration featuring more expansive windows, a gut renovation of its 1.1 million square feet of interiors, and the construction of ten new stories above its former parapet. The overhaul will yield 1,300 apartments, making it the largest office-to-residential conversion in US history by unit count, surpassing the 566-unit redevelopment of One Wall Street a few streets to the north. The property is bound by Water Street to the north, 2 New York Plaza to the south, the New York Vietnam Veterans Memorial to the east, and Broad Street to the west.
Parkchester gets $149M investment under Bronx Metro-North Station Area Plan
NEW YORK – It might not look like it now, but the East Bronx could soon be completely transformed.We're learning more about the plan approved by the New York City Council to bring four new Metro-North stations, and thousands of new apartments and jobs, to the borough.What is the Bronx Metro-North Station Area Plan?With the Bronx Metro-North Station Area Plan approved by City Council last week, neighborhoods in the East Bronx will see historic rezoning and upgrades in transportation.The plan includes four new Metro-North stations, 7,000 housing units, and 10,000 permanent jobs along with improved public spaces and enhanced access...
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