All articles by Aaron Ginsburg

February 20, 2024

Annie Leibovitz sells UWS home for $2M over asking price

Annie Leibovitz has sold her Upper West Side co-op for nearly 24 percent over the asking price. The duplex, located in the star-studded Brentmore building at 88 Central Park West, fetched $10,625,000, roughly $2,000,000 more than what it listed for in October. But the sale was still a loss for Leibovitz, who paid about $11,250,000 for the home in 2014. The Brentmore is known for its high-profile residents, including Robert DeNiro, Paul Simon, and Sting. Kim Cooper, a general counsel at Apple, and Gregg Zehr, the creator of the Kindle, are listed as buyers of the residence, as Curbed first reported.
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February 20, 2024

All-electric affordable housing project planned for Mott Haven parking lot

A project that will bring an all-electric affordable housing development and a new community theater to Mott Haven is moving forward. The city's Department of Housing Preservation and Development (HPD) last week selected the team that will convert a city-owned parking lot at 351 Powers Avenue into a 90-unit, fully-electric affordable housing development dubbed the Powerhouse Apartments. The South Bronx development is part of Mayor Eric Adams' "24 in 24" plan, which calls for two dozen affordable housing developments on public land to advance this year.
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February 16, 2024

21 middle-income luxury apartments available in the South Bronx, from $1,800/month

Applications are now being accepted for 21 middle-income apartments at a new rental development in the South Bronx. Located at 2976 Third Avenue in Melrose, the 15-story building offers residents newly constructed luxury units with spacious open layouts. New Yorkers earning 130 percent of the area median income, or between $61,715 for a single person and $198,250 for a household of five, can apply for the apartments, priced at $1,800/month for studios, $2,250/month for one-bedrooms, and $2,600/month two-bedrooms.
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February 16, 2024

Vornado floats temporary outdoor event space at site of demolished Hotel Pennsylvania

Vornado Realty Trust may bring an outdoor event space to the site of the former Hotel Pennsylvania as it delays constructing a 56-story office tower there. As first reported by Crain's, the developer has floated the idea of "Penn Platform," an 80,000-square-foot space for U.S. Open tennis matches, New York Fashion Week shows, concerts, soccer matches, and other events, in addition to giant billboards, as seen in conceptual renderings published in a marketing brochure. Located on 7th Avenue between 32nd and 33rd Streets, the site sits across from Penn Station and was once home to a 100-year-old hotel, which was demolished last year.
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February 15, 2024

Portraits of 200 Brooklynites on view at Industry City

The portraits and stories of 200 South Brooklyn residents will be on display in Sunset Park later this month as part of the Free Portrait Project. During a year-long residency at Industry City that began in January 2023, artist Rusty Zimmerman selected Brooklynites to be the subjects of oil paintings and share their oral histories. The portraits, which will be given to participants for free, will be on view from Saturday, February 24 through March 25.
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February 15, 2024

Walk the runway at the New York Botanical Garden’s fashion-forward orchid show

The New York Botanical Garden's beloved orchid show returns this weekend, bringing the catwalk with it. Designed by artists Hillary Taymour, Olivia Cheng, and FLWR PSTL (a.k.a. Kristen Alpaugh), "The Orchid Show: Florals in Fashion" is transforming the Enid A. Haupt Conservatory into a picture-perfect fashion show with stylish creations made with thousands of orchids and accessory plantings. Tickets are now on sale for the show, which opens on Saturday, February 17, and runs through April 21.
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February 14, 2024

Wegmans may open on the Upper West Side

Wegmans may be continuing its foray into Manhattan with a new space on the Upper West Side. As first reported by the New York Post, Danny Wegman, chairman of the Rochester-based grocery store, recently signed a long-term lease for the former 58,900 square foot space of Bed Bath & Beyond at 1932 Broadway between 64th and 65th Streets. While the exact amount Wegman paid for the space isn't known publicly, sources told the Post that it was a "blended $3.5 million."
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February 14, 2024

Free Shakespeare in the Park program traveling to all five boroughs this summer

Shakespeare is coming to a park near you this summer. The Public Theater on Tuesday announced its free Shakespeare in the Park program will travel to all five boroughs while its Central Park home, the Delacorte Theater, undergoes a renovation. Kicking off on May 28, "Go Public! A Festival of Free Shakespeare in the Park" includes a citywide tour of "The Comedy of Errors" by the theater's mobile unit at parks and plazas across the city, including on the Fifth Avenue Terrace at the New York Public Library and Bryant Park and in Hudson Yards.
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February 13, 2024

The Brooklyn Edison Building may be NYC’s next landmark

The Landmarks Preservation Commission on Tuesday voted to calendar the Brooklyn Edison Building in Downtown Brooklyn. Located at 345 Adams Street, the office building was designed by renowned architectural firm McKenzie, Voorhees & Gemlin and constructed between 1922 and 1926 for the Brooklyn Edison Company. The structure stands out for its important role in the borough's development and its striking Renaissance Revival architectural features, according to the commission.
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February 13, 2024

$19.5M Tribeca townhouse of late designer Thierry Despont sells after three years

The Tribeca townhouse of late French architect Thierry Despont, best known for renovating New York City landmarks like the Statue of Liberty and the Carlyle Hotel, has finally sold after three years on the market. The five-bedroom townhouse at 182 Franklin Street entered contract with an asking price of 19.5 million, according to CityRealty. Despont, who died in August at the age of 75, listed the property in 2021 for $25 million.
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February 12, 2024

Crown Heights townhouse seized from slumlords available for $678K through lottery

A Crown Heights townhouse owned by an infamous slumlord duo and seized by the city is for sale. The home at 1214 Dean Street was turned over in 2022 after a $2.25 million settlement between the city and the previous owners, who tried to illegally evict tenants during the pandemic and ran an illegal hotel. Following a restoration, the property is now accepting applications as part of the city's affordable housing lottery system. First-time homebuyers with at least a four-person household earning 110 percent of the area median income can apply to buy the home, which is listed at $678,000.
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February 12, 2024

Village Cigars in Greenwich Village closes amid rent dispute

Village Cigars, the iconic Greenwich Village smoke shop in front of Hess Triangle, New York City's smallest piece of private land, has closed after over a century in business. The shop, located at 110 Seventh Avenue and Christopher Street within a distinctive red triangle-shaped building, shut its doors amid an alleged rent dispute between owner Andy Singh and landlord Jon Posner, as reported by Curbed. Posner claims that he signed a separation agreement with Singh, which required him to vacate the store by February 7.
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February 9, 2024

Essex Crossing’s Market Line food hall to close in April

The Market Line, the food hall located inside the Lower East Side's Essex Crossing development, is closing its doors on April 1. A spokesperson for developer Delancey Street Associates on Friday announced that the subterranean food hall will close this spring due to pandemic-related difficulties. A majority of the food hall's vendors, including its anchor beer spot the Grand Delancey, have announced their exodus from the space over the last month, as Eater New York reported. Delancey Street Associates said that they're looking at other uses for the space.
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February 9, 2024

NYC rental vacancy rate drops to 1.4%, lowest in 50+ years

New York City's net rental vacancy rate has dropped to a mere 1.4 percent, the lowest rate on record. According to a survey released by the Department of Housing Preservation and Development on Thursday, the city had a little over 33,000 vacant rental apartments available between January and mid-June of 2023 citywide, out of a total stock of 2,357,000 units. Despite adding 60,000 units since 2021, the demand for housing in all five boroughs is outpacing the construction of new homes.
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February 9, 2024

‘Park of Dreams’ brings vibrant public art to Brooklyn’s Grand Army Plaza during renovation

A new site-specific public art installation is livening up Brooklyn's Grand Army Plaza during the renovation of its famous Soldiers' and Sailors' Arch. ART FOR CHANGE and the Prospect Park Alliance this week revealed "Park of Dreams," a public art exhibition displayed on the construction fencing surrounding the iconic Arch. The large-scale artworks, created by contemporary artists like Jules de Balincourt, Marcus Brutus, Kelly Beeman, Danielle Orchard, Amy Lincoln, and others, will be on view through the spring.
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February 8, 2024

NYC real estate developer arrested in $86M+ fraud scheme

The former executive of a luxury New York City development firm has been arrested for his connection to an $86 million fraud scheme. Nir Meir, the former managing director of HFZ Capital, was taken into custody on Monday along with other high-ranking industry officials, for stealing money from investors, subcontractors, and the city of New York, according to the indictment. Prosecutors claim Meir, who managed the firm's largest projects, specifically The XI (now One High Line), directed more than $253 million of the project's funding to LLCs controlled by HFZ despite being legally required to use the money for the development.
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February 8, 2024

Fotografiska New York to offer discounted museum admission on second Sundays

The photography museum Fotografiska New York will soon offer discounted admission on the second Sunday of every month. Starting on February 11, the contemporary museum is offering $10 admission on second Sundays; tickets normally cost $31 for adults. Located at 281 Park Avenue South in Gramercy, the museum offers visitors engaging photography exhibitions, coffee and pastries at its cafe, and a curated retail shop.
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February 7, 2024

New York lawmakers propose new state agency to build affordable ‘social housing’

New York lawmakers want to create a new publicly-funded agency to address the state's ongoing affordable housing crisis. State Sen. Cordell Cleare and Assembly Member Emily Gallagher on Tuesday introduced a bill proposing the creation of the Social Housing Development Authority (SHDA), a new agency that would use state money to finance the creation of permanently affordable, 100 percent union-built housing, instead of relying on private developers. According to City Limits, SHDA would create "social housing," a term used to describe developments typically owned by public entities, non-profits, or the residents themselves.
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February 7, 2024

Leasing launches at 100% electric Coney Island rental with ocean and amusement park views

Leasing has launched at New York City's first multi-family geothermal project. Developed by LCOR and designed by STUDIO V Architecture, 1515 Surf Avenue is a 100 percent electric two-tower development steps from the beach in Coney Island. The property contains 463 apartments, 324 of which are priced at the market rate and the rest designated as affordable. The unique development offers a mix of one- and two-bedroom apartments, and a selection of penthouses, as well as an impressive suite of amenities with up-close views of the Atlantic Ocean and the famous Riegelmann Boardwalk.
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February 6, 2024

70 NYCHA workers charged with bribery and extortion

Dozens of current and former employees of the New York City Housing Authority (NYCHA) were charged on Tuesday with bribery and extortion offenses. As many as 70 superintendents and assistant superintendents at nearly 100 NYCHA buildings allegedly demanded over $2 million in bribery money from contractors collectively in exchange for $13 million in work, according to charges unsealed by the United States Attorney's Office for the Southern District of New York. According to U.S. Attorney Damian Williams, the action marks the largest single-day bribery takedown in the history of the Justice Department. Williams said 66 of the 70 defendants were arrested this morning.
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February 6, 2024

Bronx Night Market will return to Fordham Plaza this April

The Bronx Night Market is returning to Fordham Plaza this spring after announcing its permanent closure last October. MASC Hospitality Group (MHG) on Monday announced the beloved market will reopen on April 6 with a new holistic approach designed to address previous issues and make Fordham Plaza a center for "community, culture, and commerce." The revamped market will feature a variety of new programming, including cooking demonstrations and nutrition education, an artisanal cafe, a curated bookstore, live performances, and more.
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February 6, 2024

116 deeply affordable homes coming to city-owned Prospect Heights site

A project that will bring affordable apartments and a community garden to Prospect Heights is underway. The city's Department of Housing Preservation and Development (HPD) last week selected Apex Building Group and Bridge Street Development Corporation to convert a 17,000-square-foot HPD satellite office at 516 Bergen Street into a 116-unit affordable housing development known as "Bergen Green." The project falls under the Atlantic Avenue Mixed-Use Plan (AAMUP), which in combination with the nearby redevelopment of a Dean Street parking lot, will bring roughly 270 affordable homes to Prospect Heights.
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February 5, 2024

NYC reveals automated, side-loading garbage truck

A revolutionary garbage truck is hitting New York City streets, four years ahead of schedule. Mayor Eric Adams last week revealed a new automated side-loading garbage truck that will allow Department of Sanitation workers to easily collect trash from large containerized bins at high-density residential buildings. With the use of the new trucks and a data-driven containerization model, Manhattan Community Board 9 will be the first district to have 100 percent of its garbage containerized next year.
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February 5, 2024

20 best spots to watch the Super Bowl in NYC

On February 11, the San Francisco 49ers will face the defending champs the Kansas City Chiefs in Super Bowl LVIII. In New York City, there is no shortage of exciting ways to enjoy the big game with many of the city's bars and restaurants hosting watch parties with food and drink specials. Ahead, here are some of the best spots to watch Super Bowl LVIII in NYC, from taking a ping-pong break between downs at SPIN to cheering from a heated cabana at Williamsburg's BK Backyard Bar.
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February 2, 2024

Visit the Frick Collection at the Breuer Building before it closes in March

Here's your last chance to visit the Frick Madison at its temporary home inside the brutalist icon the Breuer Building. The Frick Collection, which has temporarily resided at 945 Madison Avenue since 2021, is closing its doors on March 3 as the art institution prepares to move back to its newly-renovated, historic home at 1 East 70th Street on the Upper East Side. The museum and its library are expected to reopen later this year.
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