Crumbling 150-Year-Old Church Renting for $18K; More Than $55B Worth of Properties Sold in 2014

Posted On Fri, January 30, 2015 By

Posted On Fri, January 30, 2015 By In Real Estate Wire

  • Rent a crumbling historic church in Fort Greene $18,000 a month. [DNA Info]
  • More than $55 billion worth of NYC properties sold last year. This includes multifamily buildings, development sites, and commercial buildings across New York City. It was the best investment sales market seen in 30 years. [Crain’s]
  • Things got heated over the 421-a affordable housing program during a City Council meeting last night. The scheme is set to expire this summer and the city is looking for an overhaul of the program that would make the number of affordable housing units in new developments more equitable. [Gothamist]
  • What happens to the rent stabilized tenant when a landlord dies? [Brick Underground]
  • This week’s best new renderings. [TRD]
  • A map of Manhattan’s disappearing bookstores. [Gothamist]
  • An interview with Will Ellis, ruin porn photographer extraordinaire. [Curbed]

Images: Interior of the Fort Greene church for rent (L); NYC aerial view(R)



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