All articles by Aaron Ginsburg

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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October 28, 2025

Kips Bay parking lot on East River to become temporary public open space

An underutilized stretch of Manhattan’s eastern waterfront in Kips Bay will soon be transformed into new open space. The city's Economic Development Corporation (NYCEDC) on Monday announced plans to convert a city-owned parking lot on East 34th Street along the FDR Drive into a temporary park. Although the official design has not yet been released, the agency said the new space will feature ADA-accessible fitness equipment, seating and gathering areas, and a waterfront-friendly layout, with completion expected in spring 2026.
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October 28, 2025

Metro-North Bronx expansion delayed by three years

Metro-North's planned Bronx expansion, including four new stations and direct service to Penn Station, has been delayed by at least three years. According to the New York Times, the Metropolitan Transportation Authority (MTA) this week said the project will likely not be completed until 2030, and blamed Amtrak for refusing to close its tracks to allow work to proceed on schedule. MTA officials proposed an alternative plan to open three of the four planned stations and deliver roughly half of the anticipated service by 2027, the year the agency originally slated the entire project for completion.
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October 27, 2025

Major public art program unveiled for JFK Airport’s $9.5B Terminal One

JFK Airport's new $9.5 billion terminal wants to reflect New York’s identity as a capital of creativity and culture. The Port Authority of New York and New Jersey and New Terminal One announced on Monday the seven artists who will create large-scale, site-specific works anchoring Terminal One's cultural program, which celebrates the history, culture, and diversity of New York City and Queens. The installations, ranging from sculptures and mosaics to murals, will complement the broader arts initiative that also features filmmaking and immersive digital experiences.
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October 27, 2025

Adams considers stacking Rent Guidelines Board to block Mamdani’s rent freeze pledge

Before leaving office, Mayor Eric Adams is considering stacking the city’s Rent Guidelines Board (RGB) with allies in an effort to block mayoral frontrunner Zohran Mamdani’s rent freeze proposal. As first reported by the New York Post, the mayor could appoint at least six new members to the nine-person board, which determines rent changes for the city's one million rent-stabilized apartments. One of the contenders is reportedly Douglas Elliman real estate agent and reality TV star Eleonora Srugo, who has since told the New York Times she intends to decline the offer to focus on her television career.
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October 27, 2025

This year’s Rockefeller Center Christmas Tree hails from upstate NY

The towering spruce that will serve as this year’s Rockefeller Center Christmas Tree, standing at the heart of New York City's holiday celebrations, has been revealed. Found upstate in East Greenbush, the 75-foot-tall tree will be cut down on Thursday, November 6, and make its journey to Manhattan, arriving on Saturday, November 8. After it’s adorned with tens of thousands of twinkling lights and crowned with its iconic Swarovski star, the annual tree lighting ceremony will take place on Wednesday, December 3.
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October 24, 2025

Bryant Park’s Winter Village is now open for the season

One of New York City’s most cherished holiday attractions has officially opened in Midtown, kicking off the season’s festivities. On Friday, the Bank of America Winter Village at Bryant Park returned for its 24th season, bringing the city's only free-admission ice skating, a rinkside food hall and bar, and an open-air holiday market with more than 180 vendors to the beloved public space. The Winter Village is open through March 1, 2026.
'tis the season
October 24, 2025

Extell proposes 71-story mixed-use tower with 130 apartments at Wellington Hotel site

Extell Development wants to nearly triple the height of its proposed tower at the site of Midtown's former Wellington Hotel and make it residential. As first spotted by Crain's, Gary Barnett's firm filed plans with the Department of City Planning this month seeking to expand its project at 871 7th Avenue from a 27-story hotel to a 71-story mixed-use tower with 130 residential units, likely condos, and 156 hotel rooms. Extell is pitching upgrades to the nearby 50th Street subway station in exchange for a zoning bonus to allow for the 1,050-foot-tall tower.
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October 23, 2025

Hillside Avenue in Queens gets first bus lane upgrades in more than 50 years

More than 215,000 daily bus riders who travel on Hillside Avenue in Queens will now benefit from faster and safer commutes. On Thursday, Department of Transportation Commissioner Ydanis Rodriguez announced the completion of nearly eight miles of new and upgraded bus lanes along the corridor, one of the longest bus priority projects in the agency’s history. The project adds offset bus lanes from 139th Street to Springfield Boulevard, improving service for 22 routes that together carry more riders than the entire populations of Yonkers and Rochester.
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October 23, 2025

Former Beth Israel hospital building in Gramercy opens lottery for 22 rentals, from $963/month

Twenty-two mixed-income apartments are available next to the shuttered Mount Sinai Beth Israel campus in Gramercy. The former hospital facility at 313 East 17th Street has been converted into 96 apartments, the first redevelopment project at the campus since Beth Israel shut its doors in April following a disputed closure process. New Yorkers earning 40, 80, and 100 percent of the area median income can apply for the units, priced from $963/month studios to $3,323/month two-bedrooms.
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October 23, 2025

Noho block named after Jean-Michel Basquiat

A Noho block has been co-named for artist Jean-Michel Basquiat, officially recognizing the site of his former studio and home. The New York City Council and the estate of the late artist on Tuesday unveiled "Jean-Michel Basquiat Way" on the corner of Great Jones Street and Bowery. Basquiat lived and worked at 57 Great Jones Street, renting a second-floor space from Andy Warhol, from 1983 until his death in 1988 at age 27, according to ARTnews.
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October 22, 2025

Adams unveils plan to transform ‘The Hole’ with new drainage system, 5,000 homes

A long-neglected, low-lying area on the Brooklyn-Queens border known as “The Hole” may finally be getting attention from the city. On Tuesday, Mayor Eric Adams announced a $146 million investment in the area, also known as the Jewel Streets, to install a long-needed sewage system in the neighborhood, which regularly floods even after light rainfall. The plan also calls for a 17-acre city-owned site to become 1,400 housing units, a rezoning to unlock an additional 3,600 homes, and other flood-prevention infrastructure.
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October 22, 2025

NYC wants to redesign Chinatown’s chaotic Chatham Square

New York City has a plan to redesign Chinatown's notoriously chaotic Chatham Square as a safer and more welcoming pedestrian space. The Department of Transportation (DOT) on Tuesday released new renderings of the proposal, which would significantly expand pedestrian areas, simplify the complex intersection, and improve safety for both pedestrians and drivers. The plan also introduces more trees and greenery, including upgrades to Kimlau Square, the park at the center of Chatham Square.
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October 22, 2025

Developer’s plan for 30-story tower behind row of 19th-century homes in Downtown Brooklyn is stalled for now

A developer's plan to build a 30-story tower behind a row of landmarked homes in Downtown Brooklyn has been sent back to the drawing board. On Tuesday, the Landmarks Preservation Commission held a public hearing on Watermark Capital’s proposal for a glass and beige brick tower on a small lot behind the historic homes at 182-188 Duffield Street, four individual landmarks dating to the 1830s and 1840s. Commissioners and preservationists were skeptical of the proposal, which involves removing the rear facades of the four properties while combining the interiors to create a community space and a lobby for the 99-unit building behind them. The commission took no action on Tuesday and directed the developers to revise the design so it does not "overwhelm" the block's historic character.
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October 21, 2025

NYC’s best Halloween events

From the famous Village Halloween Parade to festive celebrations at the iconic cultural institutions and museums to neighborhood trick-or-treating and over-the-top costume parties, New York City is one of the best places to celebrate spooky season. Ahead, discover some of the best Halloween happenings across the five boroughs this year.
festive frights, ahead
October 21, 2025

JPMorgan opens soaring 60-story NYC headquarters at 270 Park Avenue

JPMorganChase’s massive Midtown East headquarters, the tallest all-electric skyscraper in New York City, is now open. Designed by Norman Foster's Foster + Partners, the 1,400-foot-tall building at 270 Park Avenue can accommodate 10,000 employees across 2.5 million square feet of workspace. Rising 60 stories, the $3 billion skyscraper features a striking “fan-column” design that rises about 80 feet above street level and provides 2.5 times more outdoor space than its predecessor.
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October 20, 2025

24-story East Village rental opens lottery for 60 apartments, from $1,777/month

A housing lottery has launched for 60 mixed-income apartments in a new 24-story tower in the East Village. The East, located at 644 East 14th Street, offers 196 studio to two-bedroom apartments and luxury amenities, including a roof deck with East River views. New Yorkers earning 70 and 130 percent of the area median income can apply for the units, priced from $1,777/month studios to $4,315/month two bedrooms.
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October 17, 2025

Corpse flower to bloom at New York Botanical Garden in time for Halloween

A rare corpse flower is set to bloom at the New York Botanical Garden, just in time for Halloween. The notorious flower, "Amorphophallus gigas," gets its name from the rotting-flesh odor it emits. It blooms every three to five years for just three days, with its distinctive scent reaching its peak during that brief window. The bloom is expected in about two weeks in the garden’s Enid A. Haupt Conservatory.
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October 17, 2025

Judge orders $34M in counterterrorism funds for NYC subway be restored

A federal judge on Thursday ordered the Trump administration to release nearly $34 million in counterterrorism and transit security funding for New York City’s subway and regional rail systems that it had been withholding. In the ruling, the judge described the withholding of funds as “arbitrary, capricious and a blatant violation of the law,” issuing a permanent injunction that requires the government to release the money to the Metropolitan Transportation Authority, according to the New York Times. Last month, Gov. Kathy Hochul and State Attorney General Letitia James sued to restore the funding, which the MTA was slated to receive from the Federal Emergency Management Agency (FEMA).
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October 16, 2025

Trump says Gateway project is ‘terminated,’ but DOT denies program is canceled

President Donald Trump on Wednesday said his administration on Thursday had "terminated" funding for Gateway, a project that includes two new tunnels under the Hudson River and is considered the most urgent infrastructure project in the country. During a White House press conference, Trump said his administration had used the federal shutdown to kill federally funded projects, particularly in Democratic states, including the $16 billion tunnel program. But, as Politico reported, the Transportation Department has no current plans to end the program, and construction continues.
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October 16, 2025

Interborough Express enters environmental review process

The environmental assessment for the transformative Interborough Express (IBX) has officially begun, bringing the long-anticipated transit connection between Brooklyn and Queens one step closer to reality. On Wednesday, the Metropolitan Transportation Authority announced the start of the review process under the State Environmental Quality Review Act (SEQRA), marking another major milestone for the project after it entered the preliminary engineering and design phase in August. The MTA will host two in-person public meetings to outline the project scope and review process on October 29 and November 6, followed by a virtual session on November 12.
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October 15, 2025

MTA unveils tribute to late Zabar’s owner at 79th Street subway station

The subway station at 79th Street now honors an Upper West Side icon. The Metropolitan Transportation Authority unveiled a tribute to Saul Zabar, the owner of the famed Zabar's deli, who passed away last week at the age of 97. The agency has put up vinyl posters of Zabar in his signature white coat along the 1 train platform. The deli recently collaborated with the MTA to celebrate the subway’s 120th anniversary and Zabar’s 90th birthday.
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October 15, 2025

Brooklyn Mirage files for demolition following permit and financial issues

East Williamsburg's Brooklyn Mirage, the outdoor music venue that canceled its entire summer lineup amid permit issues and bankruptcy, may be closing permanently. As first reported by The Real Deal, the venue’s operator has filed full demolition permits for the roughly 32,000-square-foot venue, part of its larger Avant Gardner complex. The company filed for bankruptcy in August, citing “several months of financial distress," exacerbated by the Mirage’s failed reopening, scheduled for May following a major renovation and called off just hours before.
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October 15, 2025

MGM abruptly drops Yonkers casino bid

After advancing as one of only four casino proposals to move forward, MGM Empire City in Yonkers has abruptly withdrawn its bid. On Tuesday, MGM Resorts announced it would pull its proposal, citing a “newly defined competitive landscape” that “challenges the returns” the company had anticipated from the project, as well as recent changes that would limit the casino license to 15 years instead of 30. The Yonkers proposal had been considered a leading contender for a license and was among the first to receive unanimous approval from its community advisory committee late last month.
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October 10, 2025

Hochul criticizes Trump for withholding $34M in counterterrorism funds

Gov. Kathy Hochul on Thursday criticized the Trump administration for withholding $34 million in transit security funding for New York City’s subway and regional rail systems. According to a press release, the Metropolitan Transportation Authority had been slated to receive the funds through the federal Transit Security Grant Program, established after 9/11 to support critical counterterrorism and transit security operations. But the agency was notified last week that it would be the only one among 21 applicants nationwide to be denied funding.
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