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Lysandra Ohrstrom

Diamond From the Rough

On Oct. 7, the City Council passed the first of two laws that would allow business improvement districts to take joint custody of properties that fall within the boundaries of more than one BID.

Together, the bills will end what has essentially been a three-year, amicable custody battle between the Times Square Alliance and the Read More

King Kong Vacancy Gone?

The New York Times reported that on April 30, 1930, “the roar of the riveting machines” fastening together the steel skeleton of the 1,250-foot Empire State Building were silenced so former New York governor and president of Empire State Inc. Al Smith could address retailers gathered at the James McCreery and Co. Department Store.

“Manhattan Read More

Holy Cow! Downtown’s Biggest Leasing Challenge

Just as workers were milling about 100 Church Street’s famously gaudy lobby at lunch hour on Aug. 26, an official from the Department of Buildings began plastering two violation notices in the windows of Bank of America on the ground floor. The citation faulted “signage,” in this case a racy advertisement for a teenage television Read More

The Local: 311 Answers the Recession

Calls about financial issues have increased at the city’s 311 hub, according to its executive director, Joe Morrisroe, especially from people wondering where their property tax rebate check is or whether they will get one at all this year.

Operators have a standard answer from the Department of Consumer Affairs: "Due to budget Read More

The Local: Condo Buyers Beg Off

When New York’s real estate market was at its peak, condo buyers and investors were not in the position to quibble if the ceiling of their new apartment was a few inches shorter than the one in the sponsor’s offering plan or if common charges were a couple hundred dollars more than expected. Now that Read More

The Local: Code Red on Black Friday

Recession or not, when Erin Lima makes the trip from Philadelphia to New York City, “shopping is inevitable.”

“Every time you come here you have to,” she said, while browsing the handbag section of Bergdorf Goodman on Saturday with her husband in tow. “You can’t help yourself.”

The Limas and another couple Read More