All articles by Aaron Ginsburg

$80M penthouse sale at 220 Central Park South is one of year’s biggest deals

Photo of 220 Central Park South in front of 111 West 57th Street (cropped) by Jim Henderson via Wikimedia Commons

August 21, 2023

$80M penthouse sale at 220 Central Park South is one of year’s biggest deals

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One of New York City's best-selling condo buildings locked in one of the biggest deals of the year so far. An 8,000-square-foot duplex penthouse at 220 Central Park South on Billionaires' Row is selling for roughly $80 million, the Wall Street Journal first reported. The seller is linked to investment firm Nima Capital, which paid around $65.6 million for the property in October 2020.
Details here
Pre-Civil War church in Bed-Stuy to be demolished

Streetview © 2023 Google

August 21, 2023

Pre-Civil War church in Bed-Stuy to be demolished

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A historic church in Bed-Stuy constructed in 1856 is set to be razed and will likely be replaced with apartments, according to Brownstoner. Last week an application was filed for the full demolition of the St. Lucy-St. Patrick's Roman Catholic Church at 295 Willoughby Avenue and 920 Kent Avenue. The church agreed to sell the property in July for $12.25 million to developer Water Capital Group. Due to the size of the lot and zoning in the area, investment firm JLL marketed the site as a "rare opportunity to develop a sizable luxury residential building in a burgeoning Brooklyn neighborhood."
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Adams announces Midtown South rezoning, plan to convert offices to housing

Midtown Manhattan. Photo by Phil Hauser on Unsplash

August 17, 2023

Adams announces Midtown South rezoning, plan to convert offices to housing

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New housing will be allowed in parts of Midtown Manhattan for the first time in decades under a plan announced by Mayor Eric Adams on Thursday. The mayor wants to update zoning rules to allow for the construction of new apartments in a 42-block area stretching from 23rd Street to 40th Street and from Fifth Avenue to Eighth Avenue, which is currently designated for manufacturing use. The start of the rezoning effort joins another proposal from the Adams administration to facilitate and expedite office-to-housing conversions across every borough, as the city continues to face a housing shortage.
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Live above Inwood’s new public library, from $397/month

Rendering of The Eliza courtesy of the NYC Department of Housing Preservation and Development

August 17, 2023

Live above Inwood’s new public library, from $397/month

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Attention New York bookworms: Here's a chance to live above a brand-new city library. A housing lottery opened this week for 138 affordable apartments at The Eliza, a 14-story rental in Inwood. Located at 4790 Broadway, the development includes deeply affordable apartments and a two-level New York Public Library branch at its base. New Yorkers earning 30, 40, 50, and 60 percent of the area median income, or between $16,183 for a single person annually and $105,060 for a household of seven, can apply for the apartments, which range from $397/month studios to $1,841/month three bedrooms.
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Plan to bring Van Cortlandt Park’s Tibbetts Brook above ground moves forward

Renderings courtesy of the NYC Department of Environmental Protection

August 17, 2023

Plan to bring Van Cortlandt Park’s Tibbetts Brook above ground moves forward

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A plan to unearth parts of a body of water in the Bronx that has been covered for more than a century is moving forward. The New York City Public Design Commission on Monday unanimously approved the preliminary design plan for the Tibbetts Brook Daylight and Greenway Project in Van Cortlandt Park, a project that will help remove the brook's clean water from the sewer system and ultimately reduce flooding and sewage overflow into the Harlem River. The $133 million project could face delays due to the Metropolitan Transportation Authority, which owns the land that is part of the construction project, according to the City.
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Two Bronx parks with fascinating NYC history may become landmarks

Joseph Rodman Drake Park and Enslaved African Burial Ground. Photo courtesy of the Landmarks Preservation Commission

August 16, 2023

Two Bronx parks with fascinating NYC history may become landmarks

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The Landmarks Preservation Commission on Tuesday voted to calendar two Bronx parks with unique New York City history for possible landmark status. The Joseph Rodman Drake Park and Enslaved African Burial Ground is a colonial-era burial ground that includes the long-forgotten site of a cemetery for enslaved people. The Old Croton Aqueduct Walk is a popular walking path on top of the famous aqueduct that brought the city its first direct source of water in 1842.
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East Harlem tower opens lottery for 40 mixed-income apartments, from $763/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

August 15, 2023

East Harlem tower opens lottery for 40 mixed-income apartments, from $763/month

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Applications are now being accepted for 40 mixed-income units at a new residential development in East Harlem. Located at 88 East 127th Street, the 19-story building is conveniently located near several public transit options, the 16-acre Marcus Garvey Park, and lots of restaurants and shopping. New Yorkers earning 40 and 130 percent of the area median income, or between $29,109 for a single person annually and $198,250 for a household of five, can apply for the apartments, priced from $763/month studios to $3,773/month two-bedrooms.
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NYC pushing for bigger, wider electric cargo bikes

Image courtesy of the NYC Department of Transportation on Flickr

August 14, 2023

NYC pushing for bigger, wider electric cargo bikes

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New York City is looking to permit bigger electric cargo bikes to deliver more goods more sustainably. The city's Department of Transportation on Monday announced a proposed rule allowing the use of pedal-assist bikes that are up to 48 inches wide with four wheels, compared to the currently permitted 36-inch-wide bikes with three wheels. The extra width and wheel would make the bikes easier to use, reducing the number of delivery trucks on city streets and cutting vehicle emissions and traffic. The announcement kicks off the 30-day public comment period, with a public hearing scheduled for next month.
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Chandeliers made of repurposed plastic bottles hang above Park Avenue

All photos courtesy of Zach Pontz

August 14, 2023

Chandeliers made of repurposed plastic bottles hang above Park Avenue

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A new installation along Park Avenue transforms trash into environmentally-mindful works of art. Artist Willie Cole designed four large-scale chandeliers made of 9,000 recycled plastic water bottles that can now be seen on the medians at 69th and 70th Streets. Titled "3000 Buddha Chandelier," "Liberty Lantern," "Soul Catcher," and "Dirt Devil," the sculptures aim to address the need for clean drinking water while recognizing the environmental damage caused by plastic bottles.
Details here
MTA to boost subway service on 1 and 6 trains

Photo via WikiCommons

August 11, 2023

MTA to boost subway service on 1 and 6 trains

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The 1 and 6 lines on the New York City subway system will start running faster this weekend. The Metropolitan Transportation Authority on Wednesday announced that starting on Saturday, August 12, the 1 and 6 subway lines will start running every six minutes instead of every eight minutes during weekend service. The service enhancement was made possible by $35 million in funding designated for the MTA in the Fiscal Year 2024 State Budget.
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Here’s everything you need to know about NYC’s Dominican Day Parade

Dominican Day Parade 2019. Photo courtesy of S Pakhrin on Flickr

August 11, 2023

Here’s everything you need to know about NYC’s Dominican Day Parade

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The 41st annual Dominican Day Parade returns to Midtown this Sunday, August 13. The parade brings together New York City’s Dominican community, the largest in the country, to celebrate their heritage with live music, parade floats, vibrant costumes, traditional dance, food, and more. First held in 1982, the parade started as a small celebration in Washington Heights. Hosted on the second Sunday in August, the parade commemorates the start of the Dominican Republic's fight for independence from Spain in 1863. The theme for this year’s event is “Our History, Our People,” and for the first time in the parade’s history, the procession will be headed by Luis Abinader, President of the Dominican Republic, who will serve as Grand Marshal.
MORE HERE
See breathtaking photos of humpback whales in front of the NYC skyline

Photo © Sarah Trabue, WCS Ocean Giants/Activities conducted pursuant to NMFS ESA/MMP Permit No. 27507 

August 11, 2023

See breathtaking photos of humpback whales in front of the NYC skyline

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With the waters around New York City both cleaner and warmer in recent years, whale and dolphin spottings are becoming more common. The Wildlife Conservation Society this week released photos showing humpback whales just a few miles off New York City’s coasts. The images were taken on Wednesday, August 2 on a clear day roughly five miles from Coney Island’s New York Aquarium with the Manhattan skyline visible in the background.
see them here
Affordable senior housing to replace Prospect Heights parking lot

Rendering of the proposed plans for 542 Dean Street shows the new entrance to the park and public space created as part of the design for the affordable senior housing project. Courtesy of GRAPH.

August 10, 2023

Affordable senior housing to replace Prospect Heights parking lot

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A plan to replace a Prospect Heights parking lot with affordable housing for low-income and homeless seniors is moving forward. The city's Department of Housing Preservation and Development (HPD) on Tuesday announced its selection of Jobe Development, Corp., Mega Group Development, and the Institute of Community Living Room to convert a city-owned parking lot at 542 Dean Street into the residential development "Park Edge." The redevelopment is part of the Atlantic Avenue Mixed-Use Plan (AAMUP), which found a community desire for new affordable housing projects on city-owned properties.
DetaILS HERE
NYC opening 2,000-bed migrant shelter on Randall’s Island

Photo by Tdorante10 on Wikimedia

August 10, 2023

NYC opening 2,000-bed migrant shelter on Randall’s Island

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It's round two for a shelter on Randall's Island. Mayor Eric Adams this week announced plans to construct a new humanitarian relief center for 2,000 single adult men seeking asylum. The city opened a shelter for migrants on Randall's Island in November but shut it down a month later after it sat mostly empty. As the crisis continues for the city, which has received nearly 100,000 people since last spring, Adams said a shelter of this scale is necessary.
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Open-air night market returns to Chinatown with 30+ vendors

Photo credit: Adrian Childress

August 9, 2023

Open-air night market returns to Chinatown with 30+ vendors

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The Chinatown Night Market is returning this week with its largest outing yet. Taking place on Friday, August 11 in Forsyth Plaza, the Chinatown Night Market is a free monthly summer series hosted by Think!Chinatown. This month's event, which will run from 8 p.m. to 11 p.m., includes more than 30 vendors offering delicious food, breathtaking live performances, and folk art.
MORE THIS WAY
Redevelopment of historic armory in the Bronx moves forward

Photo courtesy of Darren McGee/ Office of Governor Kathy Hochul on Flickr

August 8, 2023

Redevelopment of historic armory in the Bronx moves forward

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Plans to redevelop the historic Kingsbridge Armory in the Bronx have been revived after nearly three decades of discarded plans. Mayor Eric Adams and Gov. Kathy Hochul on Tuesday said a request for proposals will be issued next month to develop the landmark, which was built for military use in 1917 and has been largely vacant since the 1990s. In addition to a combined $200 million investment from the city and state, Adams and Hochul unveiled the "Together for Kingsbridge Vision Plan," which includes the goals of the project as envisioned by the community and local stakeholders. With proposals due by the end of the year, construction could begin in 2027.
Details here
The Four Seasons in Midtown set to reopen next fall

Photo by Acediscovery on Wikimedia

August 8, 2023

The Four Seasons in Midtown set to reopen next fall

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The Four Seasons hotel in Midtown will reopen next year after being closed since 2020. Following a dispute, hotel owner Ty Warner and Four Seasons management on Thursday announced an agreement was reached to reopen the hotel in the fall of 2024. Located at 57 East 57th Street, the 52-story building designed by I.M. Pei closed in March 2020 during the height of the Covid-19 pandemic and is one of the last high-end hotels to reopen. Early on during the pandemic, the hotel was used as an emergency location for doctors caring for Covid-19 patients coming from the Upper East Side.
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Once listed for $110M, Woolworth Building penthouse sells for $30M

Photo credit: Chris Coe, Optimist Consulting

August 7, 2023

Once listed for $110M, Woolworth Building penthouse sells for $30M

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Six years and an $80 million price cut later, one of New York City's most iconic penthouse properties has found a buyer. The Woolworth Building's seven-story penthouse has sold for $30 million, not even a third of the original $110 million asking price. According to the Wall Street Journal, Scott Lynn, chief executive of Masterworks, an online art-investment service, is the buyer. After hitting the market for the jaw-dropping price in 2017, the penthouse, known as the Pinnacle, saw several price chops in recent years and was last publicly listed for $59 million, according to CityRealty.
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New York hip-hop legends featured on limited-edition MetroCards

Photo courtesy of the MTA on Flickr.

August 7, 2023

New York hip-hop legends featured on limited-edition MetroCards

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The Metropolitan Transportation Authority has released special-edition MetroCards in celebration of the 50th anniversary of hip-hop, the music genre born in the Bronx in 1973. The agency on Saturday said 40,000 MetroCards featuring rappers LL Cool J and Pop Smoke are available at subway station vending machines in Queens and Brooklyn, with additional cards featuring local legends Rakim and Cam'ron available later this month.
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Rec center in McCarren Park to house asylum seekers

Photo © 6sqft

August 4, 2023

Rec center in McCarren Park to house asylum seekers

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New York City is preparing to house asylum seekers in a recreation center in Brooklyn's McCarren Park starting this weekend, Politico reports. Roughly 80 to 100 people will be housed within one wing of the Williamsburg rec center. Officials say public access to the pool and fitness center will not be impacted by the new shelter.
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NYC outdoor dining made permanent with new regulations

Photo by Eden, Janine and Jim on Flickr

August 4, 2023

NYC outdoor dining made permanent with new regulations

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The New York City Council on Thursday voted to establish a permanent outdoor dining program that aims to better regulate the popular pandemic-era initiative. Under the approved legislation, restaurants can operate outdoor dining sheds known as "streeteries" for eight months of the year but must remove the structures during the winter. Sidewalk dining will be allowed year-round. According to city officials, the new program makes it easier for businesses to apply and will open the program up to more restaurants.
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NYC’s latest pickleball club coming to Downtown Brooklyn’s City Point

Renderings courtesy of Court 16.

August 4, 2023

NYC’s latest pickleball club coming to Downtown Brooklyn’s City Point

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Downtown Brooklyn will be home to New York City's newest pickleball club. Located on the fourth floor of the mixed-use complex City Point, the 26,000-square-foot Court 16 will offer seven tennis and pickleball courts for kids and adults, with each court ranging in size from 36 feet for young players to full-sized courts for experienced players. The club’s August 28 grand opening coincides with the start of the 2023 U.S. Open Tennis Tournament finals.
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Dumbo’s most photographed block gets ‘BIG’ upgrade

Photos courtesy of Hassan Mokaddam

August 3, 2023

Dumbo’s most photographed block gets ‘BIG’ upgrade

By
One of New York City's most photographed blocks got a makeover this week. The Dumbo Improvement District on Thursday unveiled new streetscape furnishings for Washington Street, the iconic stretch of street that perfectly frames the Manhattan Bridge and is a popular spot among tourists. Bjarke Ingels Group designed new modular benches for the street, which is closed to cars during certain hours as part of the city's Open Street program.
See it here
Adams touts affordable housing production as city runs out of room for migrants

Photo Credit: Ed Reed/Mayoral Photography Office on Flickr

August 3, 2023

Adams touts affordable housing production as city runs out of room for migrants

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New York City created more supportive housing and homes for formerly homeless New Yorkers during fiscal year 2023 than any year on record, Mayor Eric Adams announced Thursday. Between June 2022 and June 2023, the mayor said the city produced 27,000 affordable homes, including new construction and preservation of existing homes, and connected the largest number of people to permanent housing using the CityFHEPS vouchers in the program's history. The announcement comes just days after Adams announced the city had run out of space to house the thousands of asylum seekers arriving weekly, leading to many migrants sleeping outside of the Roosevelt Hotel in Midtown this week.
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Trevor Noah finds buyer for Hell’s Kitchen penthouse with plunge pool, last asking $11M

Photos courtesy of Shannon Dupre’

August 1, 2023

Trevor Noah finds buyer for Hell’s Kitchen penthouse with plunge pool, last asking $11M

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Trevor Noah's penthouse in Hell's Kitchen entered contract this week for $10,995,000, after hitting the market last fall, CityRealty reports. The comedian and former host of "The Daily Show" first listed the sprawling duplex at the Art Deco Stella Tower at 425 West 50th Street last October for $12,950,000, soon after announcing his departure from the Comedy Central show. The three-bedroom duplex condo, which Noah bought for $10 million in 2017, offers expansive views of Manhattan and a 1,000-square-foot landscaped terrace with a heated plunge pool with built-in speakers and a wet bar.
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