Jane Holzer and her husband dropped $2 million into quicksand.
Ms. Holzer—better known as Warhol acolyte Baby Jane Holzer—is suing Katherine Price Mondadori, widow of an Italian aristocrat over the dubious sale of hot Middle Eastern real estate, the Daily News reports: Read More
There has been a few rumbles in the East Village over Friends’ superstar David Schwimmer.
Mr. Schwimmer knocked down a historic building last year to build his dream mansion, ignoring several Landmarks Preservation Commission letters and annoying neighbors.
The conflict intensified as one passerby was innocently struck with a piece of debris, DNAInfo reports: Read More
The home of the late American poet, Robert Lowell, is on the market. Mr. Lowell’s endured a fulfilling run as a poet and author having been a founder of confessional poetry and winning the Pulitzer Prize (twice), National Book Award, and National Book Critics Circle Award. Read More
In light of the recent news that the former New York IRT Powerhouse has joined the “Seven to Save” preservation list, notable builders and community members have spoken out about the historic value of the building. Read More
Big isn’t always better!
Best Buy did a monstrous belly flop in the pool of big retailers last Thursday, reporting a $2.6 billion quarter loss and sending tidal waves to similar retailers. Best Buy, along with many of its retailing rivals, is shifting their focus to opening smaller locations. We are facing down the end of the big box story, according to Bloomberg. Read More
A Queens resident is fuming with smoke!
Phil Kinogsberg of Bayside has been pushing to have smoking banned in his co-op complex for the past five years, but now he’s shifting focus to banning smoking in all multi-family residences in the city, according to Crain’s. Read More
The big question for real estate at the turn of the decade: How many times does your ears pop on the elevator ride up to your apartment? Read More
Fordham University published their Fourth Quarter 2011 V-Positive Report, which measures the Consumer Value Index. The methodology is based off of a few psychological theories that reflect the “understanding of the motivation to consume.” In short: a thousand people are surveyed at the end of the year and answer several attributes for each of the seven domains. Read More
The Lower East Side’s Jewish population has dwindled over the recent decades, but a new kosher, school-converted condominium building will hit the market in the spring and restore some of the neighborhood’s historic character and Jewish community. The condominiums at 371 Madison Street has received its certificate of occupancy and will begin selling condominium targeted at Jewish families, the The Times reports. Read More
The Slave Theater in Bedford-Stuyvesant, once a hub of civil rights that stopped service in 1998, has been a hub of rights of another sort in recent years: ownership. The founder, Judge John Phillips, passed away a decade ago, but his heirs have remained at war with his caretaker.
So much for civility! But the war might be coming to an end: Clarence Hardy, the renowned caretaker, was arrested last weekend for trespassing into the theater, the Daily News reported. Read More
