Tuesday: 250,000 Square Feet For Toys, Plus A Great Place Named Great Kills

  • Toy real estate news is the very best kind: By the end of this month, the Toy Industry Association will likely lease at least 250,000 square feet at 636 Eleventh Ave. The group has needed new HQ since The International Toy Center at Fifth and West 23rd was sold two years ago. (Sadly that building will morph from globe-spanning hilarity to mere luxury condos.) (Crain’s)
  • For the first time in decades, the 121,000 workers of New York City’s biggest union–District Council 37–have been set free to live outside of city limits. In retrospect, it does seem a bit cruel for NYC to have paid its workers $31,000 whilst forcing them to submit to the whims of its haute housing market. (AP via NY Daily News)
  • Why does Roseanna Colletti’s Best Buys In the Burroughs series ever have to end? In installment four, Ms. Colletti bravely treks to Staten Island–“one of the fastest growing counties in New York State.” She reports that house prices in relatively ritzy ‘hoods like Great Kills run for less than $400,000. Luckily, those residents live in a place awesomely named Great Kills, though unluckily they also live on Staten Island. (NBC)
  • Everyone loves a good Money list, except when New York clocks in as only the tenth-best big city. (Apparently Columbus and Omaha are still quite beloved.) More devastatingly, Manhattan doesn’t make it to the priciest, safest, best educated, youngest, or–for shame!–“most singles” lists. (CNN Money)
  • CNN would also like to inform us that homes from Housing and Urban Development can actually be “a real bargain.” And here we had been informed that HUD was a perpetual nightmare–follow that link for the creepiest comment of the week. (CNN Money)
  • The city finds that the majority of its “homeless clusters”–73 in all–are located in Manhattan. Bloomberg promises to “humanely, respectfully and firmly” break up the their 3,800 tenants, so that they can join the nearly 32,000 New Yorkers in city shelters. And afterwards? “The city is working to build 12,000 units of supportive housing over the next few years.” Problem solved! Praise be the New Math. (AP via NY Daily News)
  • Max Abelson

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