Odd timing. That’s what New York investment brokers are saying about Halstead Property’s recently announced plans to open a commercial real estate investment arm during one of the worst markets in recent history.
“I don’t think it’s a great idea,” said an investment broker from a rival and well-established firm, which, though it has Read More
It’s that time of year when thousands of recent college graduates descend upon Manhattan for their obligatory, pre-suburban stint in the city.
Manhattan’s rental market is traditionally the tightest from May to August and early September—apartment-hunting season for newly christened young professionals.
After their hopes of living below 23rd Street in quasi-bohemian squalor Read More
WNBC.com is reporting that a manhole explosion on East 39th Street prompted the evacuation of six nearby buildings early this morning.
No injuries have been reported.
The blast occured just a few blocks from the scene of last July’s steampipe explosion near Grand Central Terminal, which injured 41 people and caused one woman Read More
Sheldon Solow has made a lot of concessions to get the City Council to green-light his massive mixed-use development covering almost 10 acres along the East River, but it looks like he will have to overcome a few more hurdles before the plans are approved.
At a public hearing before a City Council zoning subcommittee Read More
With the City Council preparing a vote in coming weeks on Sheldon Solow’s plans for the Con Edison site; the UN expanding its campus into the nearby Marcus Garvey Park; and the reconstruction of the midtown portions of the FDR Drive set to kick off, Murray Hill residents are reminding city and state officials Read More
On the far East Side site of the former Con Edison plant, patience appears to be a virtue for Sheldon Solow, the billionaire developer and owner of the land. For the seven-plus years since he agreed to buy the 9.2-acre site, Mr. Solow has slowly planned for a mostly residential development defined by seven modernist, Read More
Rents in doorman buildings in Murray Hill went up across the board in 2007 according to a report released today by the Real Estate Group New York.
Through 2007, average rents in doorman buildings rose by 11.5 percent for studios to $2,578; by 9.6 percent for one-bedrooms to $3,514; and by 10.3 percent for Read More
"This is some bris," wisecracked one reporter, as Jack Lebewohl unleashed yards of linked nickel schtickel sausages from a brown box along the 33rd Street sidewalk.
His son, Jeremy Lebewohl, meanwhile, brandished a foot-long pair of scissors.
At least 20 members of the press corps, ranging from Reuters to Jewish Week, were on hand Read More
A ceremonial salami-cutting is scheduled for Monday morning, when the hallowed Second Avenue Deli reopens in Murray Hill.
A spokesperson for the Lebewohl family said Tuesday that the grand-opening festivities will commence at 11 a.m. at the new deli, located at 162 East 33rd Street near Third Avenue.
She added that the ceremonial meat Read More
A spokesperson for the Lebewohl family called The Observer this morning to clarify that — contrary to yesterday’s Real Deal article — the Second Avenue Deli is not opening next week on 33rd Street near Third Avenue.
NY1 follows up today with some additional details about the hallowed eatery’s new digs:
The Read More