Images (L to R): 525 West 52nd Street, The Essex, 505 Union Avenue and 19 Dutch Street

• The Essex: Rent at the tallest building in Essex Crossing with 2 months free [LINK]
• Hunters Landing: New Long Island City rentals with 3 months free [LINK]
• 525 West 52nd Street: Luxury Hells Kitchen rental has amenities for pets, too! [LINK]
• 19 Dutch Street: New Financial District skyscraper leasing luxury studio, one- and two-bedroom apartments [LINK]
• Talo38: Long Island City development debuts studio to three-bedrooms with 1 month free [LINK]
• 101 Bedford Avenue: Williamsburg rental with amenities offers 2 months free [LINK]
• 505 Union Avenue: Boutique ‘Union Corner’ rentals launch spacious one-bedrooms from $2,935/Month [LINK]

SEE MORE RENTAL NEWS AND OFFERS HERE

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After facing sharp criticism this week from almost all New York media outlets for missing the January 1st start date of Fair Fares, Mayor de Blasio and City Council Speaker Corey Johnson held a press conference this afternoon to officially launch the program. As of now, the joint initiative will provide half-priced MetroCards to approximately 30,000 low-income New Yorkers who are receiving cash assistance benefits from the Department of Social Services. In April, an estimated additional 130,000 New Yorkers receiving SNAP benefits will be able to apply. But as the Daily News’ City Hall bureau chief Jill Jorgensen mentioned on Twitter, limiting the program to these two groups means that no undocumented residents are eligible to apply.

More details here

Via Wikipedia

The dreaded 15-month L train shutdown, planned and studied for three years, is canceled. Or is it? Gov. Andrew Cuomo on Thursday presented a proposal for a new L train plan that would no longer require a 15-month closure of the Carnasie Tunnel, the link between Manhattan and Brooklyn and which was damaged by saltwater floods during Hurricane Sandy. During the news conference, Cuomo, along with a panel of experts, engineers, and the acting chair of the MTA, Fernando Ferrer, touted the project as being the shortest and best way to fix the tunnel. But in a conference call with reporters on Friday, the governor called on the MTA board to hold an emergency meeting to vote yay or nay on his new plan, of which most had heard about on the same day it was announced.

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The quest to outdo One57’s record-setting $100.5 million penthouse doesn’t seem to be working. The two contenders, 220 Central Park South and 520 Park Avenue–both Robert A.M. Stern-designed buildings–announced their $250 and $130 million penthouses in 2016 and 2014 respectively, but there’s been no movement since. The latter building seems to have taken the hint, though, as The Real Deal reports that the 12,398-square-foot triplex has been chopped up into two “smaller” units–a $40 million full-floor unit and an $80-$100 million duplex.

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A condo full of Shaker woodwork detail in Brooklyn’s Bed-Stuy neighborhood has hit the market for $799,000. The two-bedroom, two bath home at 464 Hancock Street boasts 10-foot-high ceilings, a functioning wood stove, and an envy-inducing windowed clawfoot tub. The sunlight-drenched home also features Shaker woodwork peg racks in most of the rooms and along the hallways, making for a unique storage addition.

Take the tour

Just over a year ago, The Real Deal reported that Tony Award-winning Broadway producers Janet and Howard Kagan (“Tuck Everlasting,” “Pippin”) had put the 25-foot-wide, 12,729-square-foot mansion at 11 East 82nd Street, purchased for $24.5 million in 2009, on the market, asking $44 million. The impressive Upper East Side limestone-and-brick townhouse was also known for having previously belonged to financier Ron Perelman. The 1895 building in all its six-story, elevator-enhanced, Gilded Age glory has just been relisted for $29.5 million, a hefty haircut from last year’s ask.

Embark on the grand tour

Via Flickr

New year, same subway challenges. This weekend will be the start of significant service disruptions along the 7 line—making travel between Manhattan and Queens more complicated—and of long-term construction at several stations in Washington Heights, beginning on January 5 with the closure of the 1 train’s 168 Street station (some good news: A and C trains will still be servicing the station). Riders can expect to encounter skipped stops across many lines and long wait times. Read on for a detailed list of the planned service changes.

Know before you go

Knight in shining armor or kink in the chain? In an unexpected, last-minute announcement on Thursday, Gov. Andrew Cuomo announced that he is halting the 15-month L train shutdown in April, calling for a new tunnel design instead that would coincide with night and weekend work for 15 to 20 months. The news comes just a few weeks after the governor toured the Hurricane Sandy-damaged Canarsie Tunnel with engineering experts from Cornell and Columbia Universities. Though he said at the time he was “confident it cannot be done any other way and it cannot be done faster than the MTA is doing it,” Cuomo today threw a curveball saying he and the MTA have agreed on a new design that has never before been used in the U.S. and will mean that it “will not be necessary to close the L Train tunnel at all.”

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You might think of split-levels as a throwback to your grandparents’ house, but when space is limited in a city apartment, the layout serves quite well for smart storage, privacy, and an open feel. All of these attributes apply to this completely charming two-bedroom at 69 South Oxford Street in Fort Greene. The fifth-floor spread has its public and private areas separated by a small staircase and it’s listed for either $950,000 or as a $3,500/month rental. To boot, it’s just steps from the park and Atlantic Terminal, located in the historic Roanoke Condos.

Check it out