All articles by Aaron Ginsburg

November 12, 2025

New legislation would pave the way for more affordable artist housing in NYC

Legislation introduced this week would pave the way for more affordable artist housing in New York City. Announced on Wednesday by Manhattan Council Members Keith Powers and Erik Bottcher, the legislation would amend the city’s administrative code to clarify that housing programs offering preference to artists do not violate human rights laws prohibiting discrimination based on occupation. The legislation aims to create more housing opportunities for artists, many of whom earn well below the city’s average rent thresholds, in the nation's cultural capital, as first reported by Gothamist.
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November 12, 2025

NYC releases rules for legalizing basement and cellar apartments

New York City has released proposed rules to legalize the thousands of illegal basement and cellar apartments found across the five boroughs. The Department of Buildings and the Department of Housing Preservation and Development on Monday published draft guidelines to launch a basement apartment legalization pilot program for qualifying one- and two-family homes citywide. The initiative would allow eligible tenants to remain in their basement or cellar units while landlords bring the spaces up to code, helping small homeowners convert illegal dwellings into legal accessory dwelling units (ADUs).
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November 11, 2025

Former Hoboken pudding factory launches sales for luxury condos, from $795K

Once home to a pudding factory, a historic Hoboken building has been reimagined as luxury condos, with sales now underway. Located at 38 Jackson Street, Southend Lofts transforms the former Davis Baking Powder and My-T-Fine Pudding factory into a boutique collection of 110 residences featuring more than 20,000 square feet of indoor and outdoor amenities. Pricing starts at $795,000 for one-bedrooms, $1.25 million for two-bedrooms, $1.85 million for three-bedrooms, and $3.7 million for four- and five-bedroom duplex penthouses.
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November 11, 2025

NYC Ferry unveils new routes, including connection between Brooklyn and Staten Island

Next month, New York City ferry riders will be able to take new direct routes between the Bronx and the Rockaways, and Staten Island and Brooklyn. On Monday, the city’s Economic Development Corporation (NYCEDC) announced that the new service will launch on December 8, addressing long-standing gaps in the ferry network after years of advocacy from Brooklyn and Staten Island officials for direct service between the two boroughs. Another new route will link Throgs Neck to the Rockaways, offering a two-hour trip from the Bronx to the beach.
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November 10, 2025

Holiday open streets will return to Fifth Avenue for just one Sunday

A large stretch of Fifth Avenue will once again be closed to vehicles for the holidays—but just for one day. The Fifth Avenue Association announced that Holiday Open Streets will return on Sunday, December 14, from 12 p.m. to 6 p.m., turning the iconic corridor between 47th and 57th Streets into a pedestrian-centric, holiday-themed promenade. The event, held across three Sundays in 2022 and 2023, was reduced to a single day in 2024, and will remain so in 2025 due to “logistical challenges” tied to increased security at Trump Tower, according to Gothamist.
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November 10, 2025

‘Secret’ live-work compound on Tribeca’s skybridge street lists for $30M

Now available in Tribeca, a private compound on one of Manhattan's most photographed blocks. Located on the two-block alleyway Staple Street, known for its historic skybridge, a combined property consisting of a two-story brick townhouse at 4 Staple Street and a studio and office across the street at 1 Jay Street has hit the market for $30 million. Owned by filmmaker Neil Burger and architect Diana Kellogg since 2002, the rare property is one of the most unusual private residences in the city, listing agent Jeremy Stein of Sotheby’s International Realty told the Wall Street Journal.
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November 7, 2025

60 middle-income apartments available at new South Bronx rental, from $1,974/month

A housing lottery has launched for 60 middle-income apartments at a new residential development in the South Bronx. Located at 586 Gerard Avenue in Concourse Village, the nine-story Inkwell offers brand-new, modern residences and a range of amenities designed for comfort and convenience. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,974/month one bedrooms to $3,550/month two bedrooms.
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November 7, 2025

230-unit housing project coming to site of abandoned Astoria megaproject

A site in Astoria once slated for a 3,200-unit development will now be home to a handful of residential buildings with just over 230 apartments. As first reported by Crain's, the Hakimian Organization and CW Realty have filed plans for a 16-story building at 35-17 42nd Street and a 13-story building at 42-08 35th Avenue, on the former site of the $2 billion Innovation QNS megaproject. The ambitious housing project was scrapped in September amid financing challenges following the expiration of the 421-a tax break and uncertainty surrounding its replacement, the 485x program.
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November 7, 2025

JFK, LaGuardia, Newark airports affected by FAA cuts

Flights at New York City and New Jersey’s major airports will be reduced starting Friday due to the ongoing federal government shutdown. This week, President Donald Trump's administration announced plans to cut air traffic at 40 of the country's busiest airports, including New York City's John F. Kennedy and LaGuardia airports, as well as at Newark Liberty and Teterboro airports in New Jersey, by 10 percent. According to a Federal Aviation Administration (FAA) directive, airlines will be required to cut scheduled flights by 4 percent starting Friday, increasing to 6 percent by Tuesday, 8 percent by Thursday, and the full 10 percent by Friday, November 14.
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November 6, 2025

Greenwich Village townhouse at the center of NBA gambling scandal listed for $22.5M

The Greenwich Village townhouse tied to a Mafia-backed gambling scandal involving NBA players has hit the market for $22.5 million, just weeks after the scheme came to light. As first reported by the New York Post, the swanky Georgian red-brick townhouse at 80 Washington Place was the site of rigged poker games run by the Gambino crime family starting in 2019, which allegedly used professional basketball stars to lure high rollers and netted millions of dollars in winnings. Before its stint as a gambling den, the property was rented by Kylie Jenner and Travis Scott, and has been on and off the market for more than a decade before finding an undisclosed buyer last year.
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November 6, 2025

You can now check out artwork from the Brooklyn Public Library

New Yorkers can now borrow artwork from the Brooklyn Public Library as part of a new program and exhibition. Curated together with the Department of Transformation, "Letters for the Future" celebrates the library as one of the few remaining “intellectual, creative, and civic commons still freely available" with work from over 40 artists. As part of the exhibition, on view through January 25, library cardholders can check out artwork, including paintings, sculptures, zines, and more, for a three-week period.
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November 5, 2025

Salt & Straw opening at new luxury condo tower on the Upper East Side

The Upper East Side is getting a sweet addition. Portland's cult-favorite ice cream shop Salt & Straw will open at Naftali Group's new luxury condo tower at 255 East 77th Street. Anticipated to open in spring 2027, the shop will occupy 1,650 square feet on the ground floor of the 500-foot-tall residential building. The beloved ice cream brand opened its first NYC location on the Upper West Side in September 2024, debuting signature Big Apple–inspired flavors, followed by a second spot in the West Village shortly after.
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November 5, 2025

New Yorkers vote to pass housing ballot proposals

New Yorkers voted to approve several housing ballot questions as part of this year’s general election. After turning out in record numbers on Tuesday, voters elected Zohran Mamdani as the city’s next mayor and voted yes on four proposals aimed at redesigning the process for building more housing across the five boroughs, as the city faces a housing shortage and affordability crisis.
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November 3, 2025

What to know about the 2025 Macy’s Thanksgiving Day Parade

The Macy’s Thanksgiving Day Parade is back for its 99th year, kicking off the holiday season in New York City this month with its colorful floats and giant character balloons. The parade begins at 8:30 a.m. on Thursday, November 27, featuring more than 5,000 volunteers, 32 balloons, three balloonicles, 27 floats, four specialty units, 33 clown groups, 11 marching bands, and a star-studded lineup of musical performances. Ahead, learn everything you need to know about this year’s parade, from the best viewing spots to fun facts about its famed floats.
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November 3, 2025

MTA to spend $1.5B on new fleet of modern subway cars

The Metropolitan Transportation Authority will buy nearly 400 new subway cars as part of its ongoing effort to modernize New York City’s fleet and signal system. Gov. Kathy Hochul on Friday announced that the MTA Board approved a $1.5 billion contract for 378 R268 subway cars for the system’s "B" Division, featuring signals compatible with the agency’s transition to Communication-Based Train Control (CBTC) technology. Funded through the MTA’s 2025–2029 Capital Plan, the new trains are expected to begin arriving in fall 2028.
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October 31, 2025

NYC to install seating at nearly 9K bus stops over the next decade

More New Yorkers will soon have a place to sit while waiting for the bus, as the city expands seating at nearly 9,000 bus stops. On Thursday, Mayor Eric Adams and Department of Transportation (DOT) Commissioner Ydanis Rodriguez announced a $40 million investment to install benches at roughly 8,750 bus stops across the city that currently lack seating. Starting in November, the city will add benches at about 875 stops per year for the next decade, offering seating at a vastly larger number of bus stops citywide.
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October 31, 2025

NYC Council approves Jamaica rezoning, paving the way for 12,000 new homes

Nearly 12,000 new homes are coming to Jamaica, Queens, following the City Council’s approval of the neighborhood’s transformative rezoning on Wednesday. The Jamaica Neighborhood Plan updates zoning rules across 230 blocks of the transit-rich area, paving the way for thousands of new homes—roughly 4,000 of which would be permanently affordable. The plan, which includes the largest mapping of Mandatory Inclusionary Housing (MIH) in the city, will also add two million square feet of commercial space, create more than 7,000 jobs, and deliver $400 million in infrastructure upgrades.
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October 30, 2025

Kingsbridge Armory redevelopment approved by City Council

The City Council on Thursday unanimously approved a plan to transform the Bronx’s long-vacant Kingsbridge Armory into a mixed-use community hub with roughly 500 affordable homes. Led by the city’s Economic Development Corporation (NYCEDC), the El Centro Kingsbridge project will convert the historic armory into a vibrant facility featuring an event venue, recreation center, sports fields, and a public plaza, with a new affordable housing building next door. The approval marks a major milestone for the long-stalled site, following two failed redevelopment attempts that collapsed amid community opposition.
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October 30, 2025

City Council committees approve Long Island City neighborhood rezoning

The proposed rezoning of Long Island City — which could deliver the most homes created by a neighborhood rezoning in 25 years — took another step toward reality this week. On Wednesday, the City Council’s Subcommittee on Zoning and Franchises and Committee on Land Use approved the OneLIC Neighborhood Plan, expected to bring nearly 15,000 new homes, including 4,350 permanently affordable units, to a 54-block stretch of the Queens neighborhood. The vote followed Council Member Julie Won’s last-minute deal securing nearly $2 billion in city commitments, according to QNS.
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October 29, 2025

MTA completes five-year Grand Central-42nd Street station upgrades

After five years of work, the MTA has completed its long-awaited rehabilitation of three subway stations beneath 42nd Street in Midtown. The MTA on Tuesday announced the completion of the Grand Central–42nd Street Circulation Improvement Project, an effort that upgraded the Times Square, Bryant Park, and Grand Central subway stations to improve accessibility and ease congestion for roughly 400,000 daily riders. Enhancements include new and widened staircases, additional escalators, and a 20 percent expansion of mezzanine floor space.
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October 29, 2025

New York sues Trump administration to resume SNAP payments

New York Attorney General Letitia James is suing the Trump administration to block its plan to halt SNAP payments during the federal government shutdown. On Tuesday, James announced plans to sue the U.S. Department of Agriculture (USDA) for its intentions to cease SNAP benefits starting Saturday, arguing that the move violates federal law. James says the USDA is legally obligated to continue distributing assistance as long as it has funding, and that billions in contingency funds approved by Congress are available to sustain payments during the lapse.
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October 29, 2025

Majority of affordable housing in NYC built in just 10 of 51 NYC Council districts, new report finds

Just 10 of New York City’s 51 Council districts have produced more than half of all new affordable housing since 2014, according to a new report. Released as a special update to the New York Housing Conference's NYC Housing Tracker Report, the analysis—titled "Why Charter Land Use Reforms Are Needed"—finds that 13 districts have built more than 4,000 affordable homes, while 10 have added fewer than 300, and four have produced under 100. The report comes as New Yorkers are currently voting on four housing-related ballot questions, which would change the city's land use review process and, according to critics, give the mayor more power and remove Council oversight.
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October 28, 2025

Barbara Corcoran buys Carnegie Hill penthouse for $16M

October has been an eventful month in real estate for Barbara Corcoran, founder of the Corcoran Group and star of "Shark Tank," as the mogul adds a penthouse to her portfolio. As first reported by The Real Deal, and confirmed by property records, Corcoran purchased a penthouse at 1016 Fifth Avenue in Carnegie Hill for $16 million in an off-market deal. Just three weeks earlier, she sold her home at 1158 Fifth Avenue for $1.5 million over ask after just one day on the market.
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