In This Week’s Observer…

The Garden: Where’s it headed?

Plans afoot to supplant Madison Square Garden
“Four architectural firms presented plans to developers in closed-door meetings late last month for a redesigned Penn Station – with Madison Square Garden chopped off the top and moved one block west.” Go to story by Matthew Schuerman

Presenting the priciest downtown single-family sell
“A 55-foot-wide townhouse at 11 West 10th Street has gone into contract. The asking price was $37.5 million. If it closed near there, this 1847 mansion would be the most expensive single-family residence downtown.” Go to story by Max Abelson

Brooklyn building booming – is that a good thing?
“There’s a building boom underway across the East River, in Williamsburg and Greenpoint. This is a good thing. Or so you’d think.” Go to editorial In This Week’s Observer…