CityRealty

CityRealty, Policy

NYC removed 80 basketball hoops from parks

By Dana Schulz, Fri, March 27, 2020

Rimless basketball hoops at Riverside Park and 74th Street on Friday, March 27. Photo © Dana Schulz for 6sqft.

In the recent weeks, Mayor de Blasio and Governor Cuomo have taken different approaches when it comes to social distancing measures in public spaces, but one thing they’ve agreed on is that basketball games need to stop. In his press conference on Wednesday, the Mayor spoke about the specific problem related to basketball courts and announced that he’d received reports from the Parks Department and the NYPD that 80 courts around the city, out of a total of 1,700, were an ongoing issue. He went on to say that the basketball hoops at these locations would be removed, which they were yesterday.

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CityRealty, Upper West Side 

Book Culture on Columbus on Thursday 1/9/20, taken by 6sqft

Drawing comparisons to “The Shop Around the Corner” in the movie “You’ve Got Mail” (which is also set on the Upper West Side), Book Culture became a beloved neighborhood shop for its whimsical atmosphere, great selection of books, and cozy children’s reading room. But this past year, the store’s owner penned a letter to city officials asking for a $500,000 loan to stay afloat amid unpaid vendor debts and loans. Earlier this month, a city marshal seized the store for “eviction action” due to unpaid rent, West Side Rag reported. Though the store was hopeful it could find a solution to remain open (even starting a Post-it Note campaign where customers left their support on the storefront), they announced today in an email that their doors are shut forever.

What happened?

CityRealty, real estate trends

trump tower, real estate values

Photo by Krystal T via Flickr cc

In November, 6sqft shared data that showed sales at Trump Tower were still in a post-2016 slump, but year-end figures show that the decline is a larger trend across Trump-branded buildings in NYC. According to CityRealty’s annual Manhattan Year-End Report, “In the third full year of Donald Trump’s presidency, the average sales price for the 11 Trump-branded condos in Manhattan once again fell below the Manhattan condo average.”

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CityRealty, real estate trends

Ultra-high-end sales defined the 2019 real estate market

By Dana Schulz, Fri, December 27, 2019

Looking north towards Billionaires’ Row in early October © 6sqft

Throughout the year, there was much speculation that the real estate market was on a decline, but according to CityRealty’s annual Manhattan Year-End Report, ultra-high-end sales continue to keep the market strong. On par with 2018’s 228 sales, this year saw 221 sales at $10 million or more, totaling $4.6 billion, up from last year’s $4.2 billion. As CityRealty tells us, this is “largely due to big-ticket purchases near the southern end of Central Park, most notably at 220 Central Park South,” which accounts for one-third of that total, as well as a glut of new development condos coming online.

More details ahead

CityRealty, Transportation

What the L beer, L train shutdown beer, Blue Point beer, Winston Tseng

Photo courtesy of Blue Point Brewing Company

The L train shutdown may be canceled, but don’t let Cuomo’s Superman tactics trick you into thinking you’ll get off unscathed. Even without a full 15-month shutdown, there will be a slew of headaches and, like beer company Blue Point Brewing Company says, “who knows what will happen next?!” And when in doubt, an adult beverage can help soften the blow, which is why Blue Point developed its new “What the L?” brew, complete with a very Williamsburg-esque label created by local graphic designer and subway artist Winston Tseng.

Get the scoop

CityRealty, Manhattan, real estate trends

Rendering of 200 East 59th Street via Studio amd for Macklowe Properties

CityRealty’s new 2018 year-end market report reveals trends in Manhattan real estate including a notable drop in transaction volume and a decline in condo sales prices after 2017’s roaring gains. Co-ops showed marginal gains in 2018. The New York Times refers to the report and quotes Jonathan J. Miller of Manhattan’s Miller Samuel appraisal firm: “Sales are not low–they are just not unusually high. It’s like we came off the autobahn: It feels very slow relative to the last three to four years, but historically it’s not.” See a few highlights from the report, below.

More from the report

Brooklyn, CityRealty, Manhattan, Rentals

FREE RENT: This week’s roundup of NYC rental news

By Annie Doge, Sat, December 22, 2018

Images (L to R): American Copper Buildings, The Eagle, One Blue Slip, View34 and in center 555 Waverly Avenue

  • American Copper Buildings: Waterfront Studios to 3-Bed Apartments Available in Murray Hill’s Two-Tower Rental [LINK]
  • One Blue Slip: Greenpoint Landing Rental Now leasing and 90% of Apartments Have Water Views [LINK]
  • The Eagle: Downtown Brooklyn’s New 32-Story Rental Tower Offers 2 Months Free [LINK]
  • 555 Waverly Avenue: Newly Constructed Brooklyn Building Launches Rentals from $2,250/Month [LINK]
  • View 34: Murray Hill Luxury Rentals Include One-Bedrooms from $3,349/Month [LINK]
  • Denizen Bushwick: The Best Rental of 2018 [LINK]
  • Otto Greenpoint: Brooklyn Rentals at 211 McGuinness Boulevard from $2,317/Month [LINK]



SEE MORE RENTAL NEWS AND OFFERS HERE

Brooklyn, CityRealty, Manhattan, New Jersey, Queens, Rentals

Images (L to R): Renting Downtown: Top 10 Rental Buildings in Financial District + Battery Park City

  • Renting Downtown: Top 10 Rental Buildings in Financial District + Battery Park City [LINK]
  • Cobalt Lofts in Harrison Launches Luxury Rentals from $1,915/Month; 20 Minutes from NYC [LINK]
  • Contemporary Rentals at Historic 71 Broadway: No-Fee Listings from $3,035/Month [LINK]
  • Bed-Stuy Rentals Launch at 1247 Atlantic Avenue with 1 Month Free; Net Prices from $1,825/Month [LINK]
  • New Midtown Luxury Rental Tower ARO at 242 West 53rd Street Leasing from $2,920/Month [LINK]
  • New Rentals Launch at ML House Across from Bryant Park; Priced from $3,225/Month [LINK]
  • Downtown Brooklyn’s The Amberly Leasing Luxury Rentals from $2,550/Month, See New Photos [LINK]
  • Live in South Brooklyn at The Hamilton; Contemporary Rentals from $1,950/Month [LINK]

SEE MORE RENTAL NEWS AND OFFERS HERE

Brooklyn, CityRealty, Manhattan, New Jersey, Queens, Rentals

FREE RENT: This week’s roundup of NYC rental news

By Ondel Hylton, Sat, December 1, 2018

NYC No Fee Rental Apartments

Images (L to R): Otto Greenpoint, Estuary, 181 Front Street, and Vernon Tower.

  • Vernon Tower: Astoria waterfront rentals across from Socrates Sculpture Park from $2,300/month [LINK]
  • Otto Greenpoint: Brooklyn rentals at 211 McGuinness Boulevard from $2,317/month [LINK]
  • 181 Front Street: New rentals in DUMBO offer 1 month free on 13-month lease [LINK]
  • Estuary Weehawken: Luxury waterfront rentals with skyline views from $2,363/month [LINK]
  • 111 Murray Street: Michael Cohen’s condo in-contract for rent; see what else is available [LINK]
  • 318 East 81st Street: 318 East 81st: High-End Condos Up for Rent with High Prices to Match [LINK]

 

SEE MORE RENTAL NEWS AND OFFERS HERE

Brooklyn, CityRealty, Manhattan, New Jersey, Queens, Rentals

FREE RENT: This week’s roundup of NYC rental news

By Annie Doge, Sat, November 3, 2018

Rental Concessions

Images (L to R): Summit, House No. 94, EVGB and 7W21

  • Williamsburg’s, ‘House No. 94’ is 75% Leased and Renting with 1 Month Free [link]
  • Live at The Mill in Ridgewood, New Rental Homes with Amenities from $1,895/Month [link]
  • Summit at 222 E. 44th Street Launches Leasing: Striking 43-Story Tower with Luxury Rentals in Midtown East [link]
  • No Fee Midtown West Rentals at The Townsend Offer 1 Month Free on a 12-Month Lease [link]
  • EVGB: Target-Topping Rental Offers East Village Apartments with 3 Months Free Rent [link]
  • 7 West 21st Street: Elegant Rentals by Morris Adjmi Architects with Special Offers [link]
  • New Brooklyn Rentals Launch from $2,095/Month at 25 E. 19th Street, Two Blocks from Prospect Park [link]
  • 90 Columbus: Luxury Jersey City Rentals Priced from $2,695/Month [link]


SEE MORE RENTAL NEWS AND OFFERS HERE

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