Listing images by Rare Photography; courtesy of Compass
From its location on the fourth floor, this waterfront condo at 46-30 Center Boulevard in Long Island City (the same building that recently held the neighborhood’s priciest listing) directly overlooks the iconic Pepsi Cola sign. Seeking $1,698,000, the two-bedroom pad spans a generous 1,160 square feet. Common charges will add another $995 to the monthly payments, but due to a pilot tax abatement program, taxes for the property are only $13 a month.
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Photo via The Pennsy
The retail landscape around Penn Station is set for some changes. The Pennsy Food Hall right above the station will be closing its doors for good on March 31, Commercial Observer reports. The 8,000-square-foot food hall opened at Vornado Realty Trust’s 2 Penn Plaza four years ago with a mix of vendors and late-night hours to draw in delayed commuters as well as pre-concert and post-game crowds. The closure is hitting vegan eatery Cinnamon Snail especially hard—the company has confirmed it will be shutting down all operations after The Pennsy shutters. The news came on the same day that the Kmart across the street announced it would close after 24 years at One Penn Plaza.
Rendering courtesy of the Olnick Organization
Amidst pushback from locals and activists, the Olnick Organization has released a Plan B proposal for its Lenox Terrace expansion, reports the Post. Last week, the City Planning Commission approved an application from the complex’s owner to rezone part of the neighborhood and allow five 28-story towers with a mix of market-rate and affordable units to be built at the site. The alternate plan unveiled on Tuesday presents a scaled-down version that wouldn’t require a zoning change but also wouldn’t include any of the affordable units or public amenities in the original plan.
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Listing images courtesy of Halstead Real Estate
Exposed brick walls and a decorative fireplace give this East Village alcove studio at 186 East 2nd Street charm to spare while clever space-saving solutions and plenty of storage make it adaptable to modern life. Asking $525,000, it’s got a prime East Village location to boot, just two blocks away from the Second Avenue F train station and a short walk to Tompkins Square Park.
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Image courtesy of Vornado Realty Trust and Robert A.M. Stern Architects
Last month, the city’s Advisory Commission on Property Tax Reform revealed a report outlining sweeping changes to the property tax code that would essentially raise the same amount of money but substantially redistribute where it comes from. Under the current system, property owners pay taxes based on assessed value rather than market value, so working-class homeowners often pay a higher tax rate than those who can afford the city’s multimillion-dollar luxury condos. Mansion Global took a closer look at the numbers and found that property taxes along Billionaires’ Row could increase up to five times their current rate under the proposed system.
Listing images by Matt Vacca for Doug Kampsen; courtesy of Compass
Fresh off a stylish renovation, this move-in ready loft is a prime example of downtown living on the border of the West Village and Meatpacking District. Now listed for $2.25 million, the 1,200 square foot unit is located in The Gansevoort at 321 West 13th Street, a boutique condominium known for its Neo-Classical facade, unique layouts, and intimate scale. You’ll be able to count at least one celebrity as a neighbor—Ralph Fiennes has lived in the building since 2008.
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Listing images by DDReps; courtesy of Compass
Described as “a delightful and interesting street in which to live” by the Landmarks Preservation Commission, Perry Street is a sought after stretch of the West Village and home to several noteworthy structures. Sited within the Greenwich Village Historic District and now on the market for the first time in 50 years, the townhouse at 73 Perry Street is almost directly across the street from two of the most recognizable facades on the block: 64 and 66 Perry Street, famous for being Carrie Bradshaw’s home on Sex and the City. It’s seeking $11.995 million.
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Photos: Patrick Cashin/Metropolitan Transportation Authority
On Tuesday crews from MTA Bridges and Tunnels began addressing a 55-year-old spelling mistake by replacing the first of 19 signs on agency property to feature the correct spelling of Verrazzano with two Z’s instead of just one. The bridge was named after Giovanni de Verrazzano—the first European explorer to sail into New York Harbor—but a longstanding dispute over the name’s proper spelling led to the bridge being inaugurated as the Verrazano-Narrows bridge in 1964. In 2018, Governor Cuomo signed legislation to add a second Z into the name.
Listing images courtesy of The Corcoran Group
Original pre-war details give this Brooklyn Heights co-op its undeniable charm, but the price tag is pretty appealing too. For $540,000—well below the neighborhood average—this one-bedroom starter home at 55 Hicks Street is well maintained with a recently renovated kitchen and bathroom. Being on the fourth floor, the walk-up situation is a bit of a drag but for someone, it’ll be well worth the effort. The elegant home features some of our favorite details, like picture frame moldings in the living room and a restored tin ceiling in the kitchen.
Photo by Patrick Tomasso on Unsplash
Subway service in New York City runs 24 hours a day, but late-night commutes for outer-borough residents—who often have to make multiple connections—can get inconvenient quickly. To ease the burden on those commuters, the MTA is looking to make an unlikely partnership with ride-share companies like Uber and Lyft. The agency announced a Request for Proposals (RFP) on Tuesday from transportation companies that could shuttle riders to the subway during late-night hours. Whoever is selected will participate in the “Late-Shift” pilot program beginning later this year.