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Wednesday: Confirmed: Brooklyn is Popular

The Real Estate Board of New York released the first Brooklyn housing market report , which reports that the average

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  • The Real Estate Board of New York released the first Brooklyn housing market report , which reports that the average price per square foot for apartments has increased each consecutive quarter since 2004. (The Real Deal)
  • The City Planning Commission voted to change zoning regulations in northern Tribeca, making way for Jack Parker Corporation’s plan for a residential building. (The New York Post)
  • Puff away on cigarettes with brandy in hand at these Manhattan bars that have bypassed the ban. (NewYorkology)
  • Governor Pataki promises that the women’s museum will go up–just not this decade. (The Tribeca Trib)
  • Barnard’s new Nexus building in Morningside Heights, scheduled for completion in 2009, is big, modern and ugly. (Gothamist)
  • The Related Companies seem to have a close relationship with the city. Perhaps with their new Second Avenue project, The Veneto, East Siders will finally get a long-awaited subway line. (Curbed)

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  • Is the new Federal Reserve Board chairman, Ben S. Bernanke, having a bad day because of Goldman, Sachs & Company’s economist Jan Hatzius? Hatzius predicts that “softness in housing will be such a drag on the economy that the Federal Reserve, which has been steadily cranking short-term interest rates higher, is going to have to turn around and start cutting them to keep the economy from tanking.” (Business Week)
  • Million dollar penthouse with a view for sale–in Long Island City. (OuterB)
  • Environmentalists take on property rights proponents in a Supreme Court battle over a wetland-cum-shopping center. (Inman News)

    • – Riva Froymovich

    Wednesday: Confirmed: Brooklyn is Popular
    Filed Under: Home, Real Estate, Jan Hatzius, Gothamist LLC, US Federal Reserve, NYP Holdings Inc., Real Estate