What's in a Name
A new thrill ride on the Jersey Shore will be named Super Storm, so that riders can remember how much fun it was when Sandy ravaged the coastline and destroyed their homes.
The spinning, pendulum-shaped ride, which is slated to be open sometime before the Fourth of July, will help replace some of the iconic Read More
Real estate kerfuffles
A new boom has successfully been hoisted onto the crane at One57, nearly seven months after the previous crane snapped during Hurricane Sandy and dangled ominously over West 57th Street for several days.
The maneuver’s completion—which involved swinging the boom over three buildings before hauling it up the side of the uber-luxury tower—was announced by Extell at just after 3 p.m. this afternoon. Residents of the two co-ops under the boom will now be allowed to return home after being forced to evacuate from their homes last night. It also means that construction will be able to move forward on the condo tower.
Real estate kerfuffles
Despite the rainy, windy weather that is set to hit New York tomorrow and a last-minute lawsuit filed to stop Extell from evacuating two co-op buildings adjacent to One57, plans to repair the crane broken during Hurricane Sandy are still moving forward Saturday morning.
Which means that the unfortunate residents of Alwyn Court, the landmarked building at the corner of Seventh Avenue and 58th Street, will either vacate the building voluntarily in the next few hours or face forcible eviction. The crane repair involves swinging a boom over Alwyn and two other buildings before hoisting it up the side of the unfinished tower.
The Parade Must Go On
Six months ago, Superstorm Sandy left Coney Island’s annual Mermaid Parade high and dry. Now, parade participants are hoping their new Kickstarter campaign will help them get back on their flippers.When Sandy struck Coney Island last October, it completely flooded the Mermaid Parade’s headquarters on Surf Avenue. With thousands of dollars of Read More
NYO spotlights the Hamptons, where real estate sometimes follows Manhattan trends, but has its own particular flavor as you move through the towns of the South Fork.
You might think that, less than a year after a cataclysmic coastal weather event like Superstorm Sandy, home buyers would be a little gun shy about purchasing properties near the ocean. But you would be—in the case of the Hamptons, according to the experts we consulted—wrong. The fact is that the Hamptons, unlike some communities in Long Island closer to Manhattan, largely escaped the wrath of Sandy, although some low-lying properties, like Jane Lauder’s cottage by the sea, were flattened. But by and large, the East End was spared and is drawing buyers who might have considered beach communities elsewhere. “Superstorm Sandy is attracting new people to the Hamptons,” says Ernie Cervi, Corcoran’s Executive Managing Director in Bridgehampton. “Where beach communities were devastated by the storm, those in search of a world-class beach resort are test-driving the Hamptons.”
up shit creek
Well, that stinks.
According to a study released today by climate change research organization Climate Central, Hurricane Sandy flushed 11 billion gallons of raw and partially treated sewage from sewage treatment plants into bodies of water—and in some cases city streets—in the Northeast after the storm. Climate Central’s report notes that 11 billion Read More
While Verizon is planning to move 1,100 workers out of Lower Manhattan after two building floods in as many years, TF Cornerstone is banking on the fact that luxury renters will still want to live in FiDi, even if things didn’t go so well the last time around.
TF Cornerstone has invested $15 million to repair its severely storm-damanged 51-story tower at 2 Gold Street and the adjacent 201 Pearl Street, going so far as to install a 13-foot-by-11-foot aluminum gate that uses nitrogen-fueled gaskets to create a watertight seal for the basement.
After Hurricane Sandy, rent-stabilized tenants living in damaged buildings with diminished services were told—and believed—that they would be able to get rent reductions for the entire time they were without services.
The Rent Stabilization Code stipulates that reductions are given from the time the service is lost. But, as rent-stabilized residents at Peter Cooper Village and Stuyvesant Town have discovered, they might only be eligible for reductions starting in March—a four-month discrepancy that could be worth thousands of dollars per tenant.
Planes Trains & Automobiles
Staten Islanders, rejoice: the MTA is reopening the old South Ferry station on the 1 line!
At least, that’s what it looks like in a video posted late Sunday night to Subchat, an online forum popular with MTA employees and aficionados.
It’s not the holiday homecoming that Hurricane Sandy refugees had dreamed of, but a temporary apartment is a definite upgrade from a shelter, a hotel room or a couch.
As of this week, refugees will be able to peruse some 2,500 apartment listings specifically set aside for Sandy victims on both Urban Edge and the FEMA website.