Wallington
REAL ESTATE
What $1 million or less gets you in Hudson County, Aug. 19 to 25
Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the region between Aug. 19 and Aug. 25. In this article, we outline recent property sales in Hudson County, all of which featured homes under $1,000,000. Below, we provide an overview of the top...
The N.Y.C. Apartment Building Was Transformed Into a 6-Floor, $26 Million Single-Family Oasis
In downtown New York’s tightly packed West Village, spaciousness isn’t the first thing that comes to mind. Nonetheless, with its tree-lined streets brimming with historic residences, charming eateries, and chic boutiques, the neighborhood is home to some of the city’s most sought-after, not to mention costly luxury real estate, even with floor plans most would consider cramped.Porsche Design Unveils a Luxury Residential Tower in Bangkok At 235 West 11th Street, however, one of the many handsome 19th-century townhomes that line the West Village’s leafy streets defies the neighborhood norm, offering an uncommonly spacious and completely upgraded modern residence of about 6,000 square feet with four...
See all homes sold in Teaneck, Aug. 19 to Aug. 25
The following is a listing of all home transfers in Teaneck reported from Aug. 19 to Aug. 25. There were 1 transactions posted during this time. During this period, the median sale for the area was a 1,422-square-foot home on Beaumont Avenue in Teaneck that sold for $601,000. 1290 Beaumont...
Housing Lottery Launches for Marcus Garvey Apartments at 212 West 124th Street in Harlem, Manhattan
The affordable housing lottery has launched for 212 West 124th Street, an 18-story mixed-use building in Harlem, Manhattan. Designed by Body Lawson Associates Architects and Planners and developed by Carthage Real Estate Advisors, the structure yields 330 residences, 3,200 square feet of commercial space, and 7,164 square feet of community facility space. Available on NYC Housing Connect are 117 units for residents at 40 to 70 percent of the area median income (AMI), ranging in eligible income from $29,555 to $117,390.
See all homes sold in West New York, Aug. 19 to Aug. 25
The following is a listing of all home transfers in West New York reported from Aug. 19 to Aug. 25. There were 14 transactions posted during this time. During this period, the median sale for the area was a 2,150-square-foot home on Polk Street in West New York that sold for $550,000.
Legalize ADUs to help our neighbors in their homes
As a longtime resident of Queens, I see every day how my neighbors are feeling the impacts of a tight housing market. Skyrocketing housing prices and limited housing options are forcing longtime residents to consider leaving — particularly low- and moderate-income families, immigrants, communities of color and essential workers, the communities that make the World’s Borough the special place it is.
Hudson Yards Affordable Housing Lottery Lists Luxury Units At Unbelievable Prices
“How many times can we talk about NYC rent?” Well, with it being 164% above the average American rent and it raising 7x faster than wages, I think we can complain about it as long as we keep paying for our shoeboxes, dammit! However, NYC does offer a select amount of affordable housing opportunities thanks to the New York City Department of Housing Preservation and Development (HPD) and Housing Development Corporation (HDC). Various housing lotteries provide residents with the chance to live in beautiful and spacious apartments for a fraction of what they normally would cost—and one in Hudson Yards just opened up! To be considered “affordable,” the cost of housing must technically be a third or below a resident’s income. And even for New Yorkers making the city’s average salary, less than 5% of NYC rents are affordable. The Hudson Yards lottery is eligible for New Yorkers with an income between $59,280 – $209,625. The tower tops 46 stories high at 550 10th Avenue. Complete with a rooftop sky lounge, resident fitness club and co-working spaces, let’s just say winners we’ll be more than pleased with the amenities. Not to mention, the building is pet-friendly!
4 Of The Best U.S. Neighborhoods To Live In Are Just Outside NYC, Says Study
With NYC rent prices constantly on the rise–less than 5% of NYC rents are affordable for average salary makers–and NYC being named the third most expensive city in the world, it’s starting to look like living in NYC for the rest of our lives is a bit of a pipe dream. But at the end of the day we love the city and wouldn’t want to leave it behind. Well, thankfully we don’t have to–at least not fully. Data journalism website Stacker just gathered together the best places to live in America, and while spots in the Midwest dominate the list, four of the neighborhoods are not too far outside of NYC! Each neighborhood has a certain appeal to them, whether it be a safe environment, a commitment to education, nearby wilderness for hiking, or simply because they’re quaint and historic. Ranking 27th out of 50, and situated closest to home, is the village of Great Neck Plaza. The study writes: Great Neck Plaza is home to educated professionals. The village is diverse, with internationally-born residents accounting for 36.6% of the population. Those who commute often use public transportation, such as the Long Island Rail Road.
Green Space Added to Ironbound High Rises to Address Concern
Leer en español NEWARK — The developer of a proposed high-rise project in the East Ward unveiled revised plans with additional open spaces between the four towers that will create 1,400 apartments next to the Passaic River.CLICK HERE TO SIGN UP FOR THE FREE TAPINTO.NET NEWSLETTER The updated plans for the Iberia development no longer call for a pedestrian plaza and instead include more green space in between two 26-story and two 30-story buildings proposed for about 2.5 acres at 31-39 Jefferson St. and 450-466 Market St., Jennifer Carrillo-Perez, an attorney for developer Chess Builders, told residents at...
Destination Nutley: August Real Estate Market Trends and Upcoming Events
As August comes to a close, the real estate market in Nutley remains active, even as many residents and potential buyers take time to travel before the school year begins. This summer has shown that, despite the season, the allure of Nutley continues to attract eager buyers, looking forward to all that our town has to offer.CLICK HERE TO SIGN UP FOR THE FREE TAPINTO.NET NEWSLETTER With Labor Day Weekend upon us, many are gearing up to enjoy time with friends and family. As we transition into September, the excitement in Nutley doesn’t slow down! Two notable events to mark on your calendar are...
Nutley’s home market is strong, mayor says
Nutley’s housing market continues to grow stronger, Mayor John V. Kelly III said today. Last February, Realtor.com ranked Nutley 34th in the top 100 hottest real estate markets in the nation and just last week, the same site listed Nutley as the top home-buying town in Essex County. Home...
Texas Vs. New York – Which Is Better To Live In?
An old tv commercial for salsa summed up how most peeps in Texas feel about the big apple in one simple sentence. It was a Pace Picante sauce commercial from the early 90's in which a group of cowboys complain to their cook about how bad his food is. When...
Hackensack Office Building Near Court House Sold
HACKENSACK, NJ - A two-floor office building near the Bergen County courthouse has been sold and will be leased back to its previous owner and occupied by the new owner, both operating as law firms. NAI James E. Hanson negotiated the sale and the leaseback at 55 State Street, a 9,000-square-foot office building. Iron Capital Management, LLC sold the building to 55 State St. Holdings, LLC.CLICK HERE TO SIGN UP FOR THE FREE TAPINTO.NET NEWSLETTER Just one block from the Bergen County Courthouse and Administrative Complex, 55 State Street is a two-floor office building, suited for attorneys and...
Kahen Properties buying dilapidated East Harlem church
Another New York City church may soon be on the arduous path to redevelopment as a sale hangs in the balance. Kahen Development Group, an affiliate of Kahen Properties, agreed to purchase the Holy Rosary Church at 433 East 119th Street in East Harlem for $5 million, Gothamist reported. The sale is pending approval from the state court due to the laws around selling religious sites.
One of NYC’s most photographed landmarks will become home to 60 apartments
The Flatiron Building, which has long been a celebrated landmark to visit — and photograph — in Manhattan, is going residential. Plans have officially been filed to transform the 200,000-plus-square-foot property, which faces Madison Square Park, from outdated offices into 60 high-end condominium units. There have been rumors about the steel-framed tower, which now is shrouded in scaffolding, going residential since 2023. A private application for the conversion of 175 Fifth Ave., filed by developers the Brodsky Organization, GFP Real Estate and the Sorgente Group, was made public Monday, according to Department of City Planning records. Stunning Miami-area home dressed by Calvin Klein’s late...
See homes sold in the Hoboken area, Aug. 19 to Aug. 25
The following is a listing of all home transfers in the Hoboken area reported from Aug. 19 to Aug. 25. There were 43 transactions posted during this time. During this period, the median sale for the area was a 1,272-square-foot home on First Street in Hoboken that sold for $940,000.
More details emerge about plans to convert New York City’s Flatiron Building to residential use
Last summer, New York City’s landmark Flatiron Building was a hot commodity in the city’s sluggish commercial real estate market. After selling at auction for $190 million, the buyer defaulted on the down payment, paving the way for Jeffrey Gural of GFP Real Estate, a part owner in the building, to ultimately sign the check for its purchase. After the purchase was confirmed, word on the street was that Gural had been looking to convert the historic building into apartments, recognizing the city’s need for housing and waning desire for office space.
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