Kushners finally unload debt-ridden 666 Fifth Avenue; Is the ride over for Coney Island?

August 7, 2018

Google Street View of 666 Fifth Avenue (L); Coney Island’s Ocean Dreams development via Hill West Architects (R)

  • With a wave of bland real estate development, will Coney Island become just like much of the rest of the city–gentrified, but with rides? [The Bridge]
  • For two centuries, New Yorkers have loved giant oysters. [Atlas Obscura]
  • Kushner Companies finally unloaded the troubled 666 Fifth Avenue to Brookfield, whose 99-year lease will likely give the family enough to pay off its $1.1+ billion debt on the building. [WSJ]
  • How Google Maps renames neighborhoods. [NYT]
  • Trump International Hotel at Columbus Circle had a surprise revenue jump this spring thanks to a visit by the Crown Prince of Saudi Arabia. [Washington Post]
  • Construction is underway at the Brooklyn Navy Yard’s Admiral’s Row site, which means Wegmans is one step closer to reality. [Brownstoner]
  • All the restaurants in NYC ditching plastic straws. [Grub Street]

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