Mysteries of Brooklyn
The Watchtower Society may have all but divested itself of its waterfront Brooklyn holdings, but those seeking their own personal watch tower in the sky need not convert to get it—One Brooklyn Bridge Park, at 360 Furman Street in Brooklyn Heights, has re-listed its 14th-floor penthouse, and it can be all yours for just $5.5 million.
The unit has been on the market on and off since 2007, said broker Penelope Stipanovich at MNS, who has the listing, and the price was just cut from $7.25 million.
This Old House
It’s good to change with the times, move to new neighborhoods (boroughs even!), expand one’s client-base. But, you know, nothing too wild, like buying groceries in Brooklyn.
In a Real Deal profile, Brooklynite Elizabeth Stribling talks about how she and her brokerage firm have changed, expanding their focus beyond the most elite and elitist precincts of Manhattan, but reveals that she still does her grocery shopping on the Upper East Side.
Shadow inventory. It was supposed to be the boogeyman of the real estate bust, thousands upon thousands of unsold properties scattered across the city. Bought or built for more than they were worth, people would hang onto these homes until the market improved, giving a better appearance to the housing supply than actually existed. It’s like the difference between the standard and broad rates of unemployment.
No matter. To real estate doyenne and new Brooklynite Elizabeth Stribling, there is no shadow inventory, or so she tells The Times in one of its patented 30-Minute Interviews.
We got a press release trumpeting the official reopening of The Plaza’s Grand Ballroom. It’s been "meticulously restored to its 1929 opulence," and had a soft opening last week as the site of a party for Chanel Fine Jewelry.
I got a sneak peak at the Ballroom last month, when it was still undergoing the Read More
Ms. Stribling: The lobby you’re entering now has the original mosaic floors of the Plaza that were created in 1907—we just celebrated our 100th anniversary. They’ve really been polished and brought back to their splendor. … We echo some of the mosaic work in the bathrooms and the kitchens of the residences. This is the Read More
Hello, I’m Giorgio Armani.
While we still love the last issue of Haute Living, there is already a new one out. This issue features some of the most powerful women in Manhattan real estate.
Find out all you’ve ever wanted to know about Pam Liebman, Dottie Herman, Louise Sunshine, Read More
A court server delivered a stack of legal documents to the Madison Avenue real estate office of Stribling & Associates Ltd. last September. The company, two of its brokers and one of its clients were being sued by a couple who backed out of a deal to buy a $2.5 million Park Avenue apartment because Read More