With Citibike hemorrhaging cash and in danger of collapse, CEO Justin Ginsburgh jumps ship and resigns, the New York Daily News reports. But can new leadership save the failing program? Which serves as a viable alternative to trains and buses, which Atlantic Cities points out are often deserted early and late making riders, particularly women, feel unsafe.
The last week has been filled with bad news for bikers, but at least there’s good news for runners, according to the Wall Street Journal. A enterprising triathlete has started a business offering Central Park lockers to stuff-laden individuals who want to go for a jog.
Taggers continue to break into 5Pointz, painting the soon-to-be demolished building, as Gothamist documents in these photos. But in a city of so many luxury condos and corporations, people are hungry for anything cool or creative—a desire that RFR Holding is trying to take advantage of with a hip makeover 285 Madison, according to The New York Times, which includes a field of wheat in the lobby. Well, if anyone can make Midtown cool, we guess it’s Aby Rosen.
A woman who paid $1.6 million for a condo at a Chetrit redevelopment, the former Helmsley Windsor Hotel in Midtown, claims she was sold an apartment filled with mold and mice, DNAinfo reports. One way to save up cash to actually buy in New York? Live with your parents, The New York Times reports in this story about a 25-year-old who just paid $280,000 for a one-bedroom in Crown Heights. Although the lucky buyer has parents who live in the city.
Speaking of lucky buyers, could Taylor Swift be the buyer of Peter Jackson’s un-Hobbit-like Tribeca duplex? RealEstalker thinks so, citing mounting circumstantial evidence.
More and more non-profits and charities are selling their longtime headquarters, The Wall Street Journal reports, unable to turn down the many millions of dollars property can fetch in this real estate market. Other sad things: L’Wren Scott left the $8 million apartment where she killed herself, along with the rest of her estate, to Mick Jagger, according to the Post.