May 21, 2014

Market Snapshot: The Week of May 21, 2014

Despite sky-high sales at several marquis buildings, condo pricing in Manhattan is down 1.8 percent in the current three month period as compared to the last 90 days. Hotelier Ian Schrager has released renderings for his long-awaited mixed-use condo hotel – Public – at 215 Chrystie Street on the Lower East Side. Is Jake Gyllenhall apartment hunting in Tribeca? New York City versus…. San Francisco?! How two of the priciest cities in the US compare in a head-to-head real estate challenge evaluating the "grittiest" and most glamorous neighborhoods of the two. For market trends, cool listings, celeb real estate news, and eye-opening comparisons, we turn to CityRealty‘s Weekly Market Snapshot for the scoop.
Get the full report here
May 21, 2014

$13 Million Central Park West Pad Will Make Your Head Swim

Well, if you were getting your finances together to buy the $13 million apartment at 15 Central Park West, you can get off the phone with your accountant because it's sold. Unfortunately for you, Noel Berk of Mercedes/Berk has sold the Upper West Side stunner to someone else for $13.075 million. But that’s not going to stop us from writing about it, so sit back and take in the splendor that is the apartment you just barely missed out on. Unit 15K is an absolutely astounding 3BR/3.5BA beauty, with giant windows that bathe the entire apartment with light. Upon entry to this 2,500 square-foot haven, you’re greeted with a gorgeous foyer with Venetian plaster walls. This leads to a spacious living room with huge windows so as not to obstruct your view of the Lincoln Center. There’s a dining room situated right off the living room, a perfect place to seat your guests as they spend too much time oohing and ahhing over your apartment to remember to eat. And speaking of food, let’s take a trip into this kitchen.
You won't believe your eyes when you see the view from this gorgeous kitchen, here
May 21, 2014

Ingenious Cricket Table by Folditure Flattens to an Inch Thick in Seconds

City dwellers are no strangers to folding furniture — they're true lifesavers when living in tiny, cramped apartments. But while most are functional, few are as beautiful as the fold-up tables and chairs designed by architect Alexander Gendell. His Folditure line (get it?) is not only ingeniously-designed, but each piece — like the Cricket Folding Table — resembles a work of origami art.
See Folditure's Cricket Folding Table in action
May 21, 2014

Call Me Halal: Palatable Advice Straight from the Streets of Downtown Brooklyn

One of the saddest things I heard in the immediate aftermath of 9/11 was told to me by the wife of an acquaintance. She said, with a smug sense of pride, that her family — in an act of patriotic protest to the recent attacks on America — would be ending their long-standing Thanksgiving tradition of serving assorted meat and vegetable pies from Damascus Bakery on Atlantic Avenue in Brooklyn. It was a heartbreaking statement of staggering stupidity, offensive on so many levels, not the least of which was personal. I lived next door to Damascus Bakery in my first Brooklyn apartment. This was before Barney’s, Urban Outfitters and Trader Joe’s arrived. It was when that section of Atlantic Avenue was overwhelmingly Arabic, and I frequented the eateries as often as I could, feasting on delicacies from the Middle East, learning some geography and culture and a little Arabic along the way. And, of course, I met many wonderful people, including the family who owned and operated Damascus Bakery.
Read the rest of Andrew's story here
May 21, 2014

Beautiful Eco-Friendly Loft on Watts Street Sells

It looks like Town Residential’s Danny Davis has done it again. He has made someone fall in love with another apartment, this time at 125 Watts Street. Unit #4 is the quintessential loft experience with high ceilings, white brick walls and tons of light. This historic, pre-war building is perfectly situated in Northwest Tribeca, right on the edge of Soho. This area has those desirable cobblestone streets, not to mention having plenty of dining and shopping to appeal to your chic side, while still being situated right near Hudson River Park and Pier 25 to appeal to your athletic side. You know what they call that? Nirvana.
See what Nirvana looks like here
May 21, 2014

Plans Filed for the SOM-designed Apartment Tower at 401 West 31st Street

Brookfield Office Properties filed its first plans yesterday for their SOM-designed residential tower located at 401 West 31st Street, adjacent to all the Hudson Yards hoopla. The 756,674-square-foot, 702-foot-tall tower will host 790 apartments with 3,438 square feet of retail on its ground level. The design sits within a grouping of glass towers and a low slung, tapering structure. The […]

May 21, 2014

Five Opulent and Ornate Spaces Looking for an Occupant

Anyone who's gone apartment hunting in Manhattan knows it can get a little monotonous — the bone-white walls, standard hardwood floors, and typical layouts. Sometimes the blank canvas just isn't enough; sometimes you need a little oomph. For those of you who enjoy ogling beautiful homes that have been carefully designed and expertly decorated, we've rounded up five opulent and ornate spaces currently looking for an occupant.
See all the stunning spaces this way!
May 20, 2014

Camp Rockaway: Queens Designer Kent Johnson Wants to Bring Luxury Camping to Far Rockaway

And the glamping trend continues... Designer Kent Johnson has just launched a Kickstarter campaign that aims to bring a "luxurious" tent campsite to the Rockaways. From fully furnished tents with crisp white linens, to private fire pits and hot tubs overlooking Jamaica Bay, this is not your everyday man's campsite. And if you think the idea sounds crazy, think again. It's actually an initiative inspired by the area's past, which once found incredible success!
More on Camp Rockaway this way
May 20, 2014

Kirkman Lofts at 37 Bridge Street in DUMBO: Worth Getting on a Soapbox About

In 1915, when this classic factory building was commissioned by the Kirkman & Son Soap Company in a gritty industrial section of Brooklyn, it’s doubtful anyone could have envisioned its reincarnation as a high-end luxury condominium with its locale now fashionably referred to as DUMBO. Quite frankly, with its simple brick façade, one still might be hard-pressed to equate the 7-story brick building at 37 Bridge Street with any kind of residential grandeur — but you know what they say about judging a book by its cover.
See the results of its stunning conversion
May 20, 2014

Catsimatidis’s 30 Year Development Plan on Myrtle Avenue is Finally Underway

Patience is a virtue; one that billionaire tycoon and former mayoral candidate John Catsimatidis clearly has in droves. Cats demonstrated this when he had the foresight to purchase a block of land on Myrtle Avenue in Fort Greene, over 30 years ago, back when the street was appropriately nicknamed Murder Avenue. Not many people would have seen the value in property in an area where Cats jokes that he had to carry two guns “just in case one of the guns runs out of bullets”. However, Cats saw it as a worthy investment. And boy was he right. A few decades and a change of zoning laws have allowed Cats to turn this once terrifying spot into the building site of 4 residential skyscrapers with retail stores on the ground floor. Not a bad deal for a piece of property purchased for under a million dollars says the understatement of the century.
Learn more about Catsimatidis' development project here
May 20, 2014

10 New York Neighborhoods for Artists Now

It’s become all too common in New York City — artists move into a neighborhood, make it trendy and culturally vibrant, and then are forced out by rising rents. It happened in Greenwich Village, Soho, the East Village, DUMBO, and Williamsburg. Do not be disheartened, though, there are still plenty of artist enclaves with thriving creative communities. Ahead are our ten current frontrunners — some may surprise you!
Where the artists are flocking
May 20, 2014

Park Yourself at this $32M Brooklyn Bridge Penthouse and You May Never Leave

In a city where parking is always at a premium, one might consider this $32 million penthouse at One Brooklyn Bridge Park for the two deeded spaces alone — although fortunately, that record-breaking price tag comes with a tad more to pique your interest. There's a long list of reasons to never leave this beautiful one-of-a-kind residence at 360 Furman Street in Brooklyn Heights, so let's just start with the view — or should we say "views". The Brooklyn Bridge, Statue of Liberty, New York City's glorious skyline... take your pick. Because in addition to the terrace's breathtaking panorama, you'll enjoy incredible views from just about every room in this sun-drenched 11,000-square-foot, 6BR/6BA home located on the waterfront.
See why a picture is worth a thousand words
May 20, 2014

The Historic Worth Building Gets a Few New Residents

New York socialites Avi and Savar Leigh just became the proud owners of apartment #5D at 73 Worth Street. As of May 19th, the Strategies of Wealth financial planner and her businessman husband put down $2.8 million to become the new residents of the Worth Building in Tribeca's Historic District. Their gorgeous new 1,925 square-foot loft, listed by Danny Davis of Town Residential, features solid oak floors and large windows throughout. There’s a large great room situated perfectly for entertaining, and an eat-in kitchen with custom cherry wood cabinets, black granite countertops and the stainless top-of-the-line Subzero refrigerator that has become an essential to any chef’s kitchen.
Take a look inside the Savar's new home here
May 20, 2014

Picture-Perfect Apartment in the Trump International Finds a Buyer

The Donald has no shortage of high-rise real estate accolades, but the Trump International Hotel & Tower, located at 1 Central Park West, is considered by many one of his most successful developments. Adapted from a former office tower in 1997, it soars 44 stories above Columbus Circle with stunning views of Central Park and the Hudson River. The lower 22 floors are occupied by a hotel, while the upper 22 contain 158 modern, sunny private residences that are nothing short of trump-tacular. Unit 23D, which recently sold for $8.55 million through Ido Berniker at Mercer Partners, is no exception to the billionaire-worthy design. The 3BR/3.5BA apartment has 10-foot ceilings, as well as sleek modern finishes that really make the interior shine.
More about the spectacular home this way
May 19, 2014

Magical Garden at 645 Carlton Avenue Is Hard to Keep Silent About

A few years before this limestone duplex was built, Prospect Heights was enjoying the success of one of its very own, the original “it” girl, famed silent film actress Clara Bow. And just as Clara became synonymous with the “Roaring Twenties”, the residence at 645 Carlton Avenue is typical of the classic row houses one finds throughout the tree-lined streets of its Brooklyn environs. From the moment you first enter through the gorgeous Palladian arch, there is no mistaking the timeless details that make this carefully restored 2BR/2BA parlor/garden apartment something truly special.
See why this duplex will make you
Pitch a story icon Know of something cool happening in New York? Let us know:
May 19, 2014

Clever Kangaroo Light Bends and Flexes to Brighten Up Any Type of Space

The inventors of the viral Ostrich Pillow are at it again, promoting another cool new product on Kickstarter. Only this time, instead of an item that's meant to block out light, the team at kawamura-ganjavian are making it easier to see. Dubbed the Kangaroo Light, this flexible, glowing pad is meant to be a playful and practical solution to flashlights, which all too often get lost in the deep abyss of purses, bookbags and cabinets.
See the light in action
May 19, 2014

Observations: Sherpas Not Needed

Some people have great hair that never goes astray. That made me think about buildings with their new-fangled window-washer rigs. They’re not new but the recent “gold rush” of high-end residential condominiums have led some developers to design curious new building forms that would appear to be major obstacle courses for those marvelous skywalkers who brave the elements and have never experienced a tinge of acrophobia. The faint-hearted, of course, prefer sheer city cliffs, but only the bravest descend from the heights over the new often bumpy terrain.
Sherpas not needed
May 19, 2014

Gorgeous Lenox Hill Apartment Redefines Luxury

Whoever coined the term “the lap of luxury” was clearly thinking of The Mayfair’s apartment #2BC at 610 Park Avenue. This opulent residence, with a $20 million price tag, is so lavish you feel elegant just looking at it. The gorgeous marble entrance gallery is a perfect first impression, setting the tone for the rest of the apartment. The Mayfair was originally the Mayfair Regent Hotel, built back in 1925 by Rosario Candela’s famous partner J.E.R. Carpenter. The building was converted to 15 floors of beautiful condos in 1997.
Take a look inside this palatial pad here
May 19, 2014

Downtown Brooklyn Continues to Boom: Tallest Residential Tower in the Borough Now 50 Percent Leased

Downtown Brooklyn is booming across the board, and buyers are keen to get in on the changes afoot. Five months after hitting the market, Brooklyn’s tallest tower is filling out fast, with half of the units now leased. The SLCE Architects-designed residential skyscraper at 388 Bridge Street rises 590 feet, with 234 rentals and 144 […]

May 19, 2014

It’s a Bird, It’s a Plane, No… It’s Sebastian Errazuriz’s Giant Golden Cow Piñata!

Undeniably, there is much symbolism attached to artist designer Sebastian Errazuriz’s giant golden cow piñata on display in Industry City in conjunction with NYCxDESIGN, New York City’s official citywide celebration of – you guessed it – design. One look at the suspended shimmering beast and you’re likely to be reminded of the infamous golden calf Bible story about idolatry (Exodus 32:1–6, if you’re interested) or notice its uncanny resemblance to Wall Street’s iconic charging bull.
See more of this oversized golden pinata
May 19, 2014

Your Art and Design Events Agenda, For the Week of May 19, 2014

We’re all looking forward to a long weekend this week, so why not get amped for Memorial Day by boning up on some of the knowledge this city has to offer? School yourself on Russia’s Modern Masters, learn about the genius of the Scandinavian design approach, or go one on one with a Whitney Museum artist. As Memorial Day looms, so does the opening of the city’s greatest isle of relaxation: Governors Island. You know summer is almost here when the ferries start running over to Manhattan getaway, so head to the ferry terminal this weekend!
All the best events here
May 19, 2014

Five Modern Kitchens to Inspire Your Inner Chef

New York may have the best restaurants in the world, but there is nothing like making a home cooked meal. We’re known for our tiny kitchens, but we’ve rounded up some great spaces that have all the amenities to inspire the master chef in anyone. These sleek kitchens go above and beyond, giving ample space to cook up a feast for two or twenty. Whether uptown or downtown, in a classic prewar or new glassy tower, these modern kitchens will have you reaching for an apron.
All the best modern kitchens here
May 18, 2014

AndrewAndrew (And Andrew?) – Encountering the NYC Icons

I mingled as I should at the Lambs Club, meeting potential travel writing advocates at a private party in the back of the room, enjoying the playlist of AndrewAndrew, wondering if there was such a word as “Tripleganger.”   6sqft's Andrew Cotto — an author of two novels and a journalist whose work has appeared in The New York Times, Men’s Journal, and Salon.com — will be sharing his experiences as he makes his way around New York City. Here, he describes his chance encounters with NYC icons AndrewAndrew.
Read about Andrew's encounter with the Andrews
May 16, 2014

Greene Street SoHo Loft Will Cast a Spell on You (Sorry, Quirky Fireman Statue Not Included)

Greene Street in SoHo is the kind of block you walk down and can’t help but marvel at its rich collection of cast-iron architecture — arguably part of the most extensive of its type in the world. Close your eyes and you can almost (okay, maybe at 3AM, but work with me here) hear the clip-clop of the horse drawn buggies reminiscent of the year 1880, when this undeniable gem was built. Fortunately, although modern in its amenities (it was converted to loft condos in 2000), 20 Greene Street and the apartments within retain much of their 19th century charm, from the building’s classic facade to unit 2B’s high ceilings with exposed piping and cast iron Corinthian columns.
See why this SoHo loft will cast its spell on you
May 16, 2014

Your Daily Link Fix: A Police Gym Turned Penthouse is on the Market; 10 Facts About the 9/11 Pavilion

Pinterest Helped Build Apt CB2: The results are in. Pinterest users helped decorate 5 rooms. Apartment Therapy has the final look. Penthouse in Former Police Gym on the Market: One person’s police gym is another person’s… 6,600 square foot duplex penthouse! This unbelievable transformation has earned itself a price tag of $31.495 million. MTA Looks to […]

May 16, 2014

Has Governor Cuomo Found a Way to Fix Pier 40?

Governor Andrew Cuomo has reached a tentative deal with developers that could save Pier 40, according to the New York Times. In the new deal, Governor Cuomo would transfer unused development rights to another site on West Side Highway in exchange for $100 million to repair Pier 40. Restoration would involve gradually demolishing St. John’s Terminal Building and replacing it with residential buildings and shops over a period of 10 years.
Learn more about Governor Cuomo's deal to save Pier 40 here
May 16, 2014

Socialites Buy a Home in the Former Building of One of New York’s Most Infamous

New York socialites Danielle and Jonathan Segal have decided to upgrade from their 2BR/2.5 co-op on 65th Street, to a gorgeous 3BR/3BA apartment… one block away. The daughter of Ilan Cohen, owner of real estate company Elite Management, and her hedge fund husband have just put down $4.77 million on apartment 2B at 133 East 64th Street, with the help of Fox Residential's listing agents Barbara Fox and Brad Loe.
Take a look inside the beautiful home here
May 16, 2014

Market Snapshot: The Week of May 16, 2014

Flatiron and Midtown West have seen dramatic neighborhood price increases over the last 90 days. And surprise, surprise, sales in One Madison and the uber pricey, uber tall One57 are the two forces driving the change. Azad Ali talks about two decades spent preserving and restoring old homes in Prospect Park South, Ditmas Park and Midwood in Brooklyn. Fans of Breakfast at Tiffany’s will want to check out the $10 million listing for that little townhouse where fictional Holly Golightly entertained her many suitors. Learn about Mexico-born Ismael Leyva, the workhorse architect who has risen to prominence designing interiors for Related Companies projects like One Carnegie Hill, the TriBeCa Royale and The Brompton.   For market trends, cool listings and interesting tidbits about New York's most noteworthy buildings and neighborhoods, we turn to CityRealty‘s Weekly Market Snapshot for the scoop.
Get the full report here
May 16, 2014

Contemporary West Houston Street Duplex Loft Finds a Buyer

According to city records, this spacious contemporary duplex apartment at 200 West Houston Street just sold yesterday for $2 million through a listing held by Douglas Elliman's Donald Kemper. Located at the gateway to the Village and Soho, 200 West Houston Street was built in 1869 and today has 29 apartments on four floors. The stunning 2 BR/2 BA modern apartment sits on the top floor and boasts 1,800 square feet of space filled with natural light that pours in from its expansive windows and skylights.
More about the inviting space right this way
May 15, 2014

The Dakota: Extraordinary Views, Architectural Grandeur…and Yoko Ono

Maybe money can’t buy you love but it can buy you this beautifully renovated and carefully restored apartment at 1 West 72nd Street in the legendary Dakota listed at $14.5 million. Designed by Henry J. Hardenbergh and completed in 1884, the Dakota is one of the world’s most renowned residential buildings. Designated as both a New York City Landmark and a National Historic Landmark, its residences boast many of the building’s original 19th-century details including 13-foot ceilings, soaring doorways, plaster moldings, exquisite hand-carved woodwork, hardwood flooring, pocket doors, shutters framing the windows, and wood-burning fireplaces – and at least one interesting 21st century detail: Yoko Ono calls it home.
Imagine what it would be like to live here
May 15, 2014

UM Project Gives the Maypole a Modern-Day Makeover for Reclaim NYC

After an impossibly long and cold winter, it's fitting that one of the pieces on display at the upcoming Reclaim 3 exhibit is an ode to spring and renewal. But the Maypole created by whimsical furniture designer UM Project is no ordinary ribbon around a stick. Inspired by the charitable spirit that drives Reclaim NYC — which started out in 2012 as a way for the design community to raise money for Hurricane Sandy victims — UM Project founder Francois Chambard teamed up with the High School of Art & Design to create an interactive installation that combines folk custom with modern-day technology.
Details on the high-tech Maypole ahead
May 15, 2014

Snøhetta’s Light-Filled 9/11 Memorial Museum Pavilion at Ground Zero Dedicated Today

It’s amazing when you think about it, the number of people personally touched by the tragedy of 9/11. It seems in the days after the attacks, especially as a New Yorker, you found you had a connection to someone who had perished, either directly or indirectly. It was almost uncanny. And the phrase “Never Forget” became ubiquitous. As if you ever could. To ensure we never do, and that those too young to remember will continue to honor the day that changed the world, the 9/11 Memorial Museum at Ground Zero was dedicated today, in advance of its May 21st opening to the general public. Attendees included President Obama and Governor Chris Christie.
Snøhetta's Light Filled Pavilion greets museum visitors
May 15, 2014

This Belaire Condo in Lenox Hill Will Cure What Ails You

High above the East River, atop the Hospital for Special Surgery, sits this elegantly renovated 3-bedroom, 4-bath Lenox Hill residence in the The Belaire. Designed by Frank William and Partners, and completed in 1988, The Belaire is true to its name, offering sweeping “airy” views of the river below, the bridges that span it, and the skyline of the city it calls home.
Take a look at its magnificent views
May 15, 2014

A Soho Loft That Fits You Like a Glove

Life in Soho should be a perfect blend of comfortable living and lively entertainment. Well, this beautiful 3,167 square foot loft at 104 Wooster Street understands that perfectly. That’s why it’s fully equipped with a spacious great room, currently sectioned off into smaller seating areas. Now, you can have a conversation with a few friends while the kids play safely in another corner of the room. Or maybe you prefer to float freely through a sea of guests at the awesome parties you’ll throw. Either way, apartment #2S is ready to accommodate you.
Take a peek inside this gorgeous loft here
May 15, 2014

This Breathtaking Nolita Penthouse Takes Going Green to Another Level

Not all rooftop gardens are created equal, especially when it's an award-winning green space perched high above Little Italy. A collaboration between Andrew Berman Architect and the sustainable roof designers of Goode Green, the blooming penthouse abode is a serious urban oasis complete with chickens and a bee colony.
More photos of the beautiful garden home ahead
May 15, 2014

Tiptoe Through the Treetops at 25 Central Park West

The phrase “stunning views of Central Park” could have been first uttered for this elegant and meticulously gut-renovated Century Condominium apartment. From nearly every vantage point you feel like you're walking on the treetops of New York City’s renowned oasis of green – a view that has been enjoyed by the inhabitants of #14J since the Century opened in 1932 on the former site of the historic Century Theater. Sharing an Art Deco motif with its sister building The Majestic (on 72nd across from the Dakota), the 32-story Century stands out among its predominantly Beaux-Arts neighbors and became part of the Central Park West historic district in 1985.
See what it feels like to tiptoe through the treetops
May 14, 2014

Plans to Convert the Jehovah Witness Watchtower Complex Into a High Tech Incubator Revealed!

Leeser Architects, designer of the Museum of the Moving Image expansion in Astoria, seems to be single-handedly upping the architecture ante in the outer-boroughs. Fresh off the heels of demolition commencing on the site of their multi-faceted 30-story Marriott Autograph Collection tower in the BAM Cultural District, Leeser may also be busy in the conversion of DUMBO's five-building Jehovah Witness Watchtower complex into a high tech incubator and residential tower.
See the renderings we've uncovered after the jump
May 14, 2014

Bonsai-Inspired Solar Charger Also Lights Up at Night

The design of this compact solar charging lantern, called Electree Mini, was influenced by bonsai trees and fractal patterns found in nature. Created by French designer Vivien Muller, it "provides solar-derived power to environments typically void of renewable energy." On the movable branches are small solar panels which capture sunlight — a play on photosynthesis. The solar energy is then stored in small batteries that can directly power up your gadgets. Electree Mini has the capability to charge AA and AAA batteries and comes with a USB port that will charge smartphones. At dusk, the tree automatically lights up, and when rotated the LED light sensors change colors.
More design details this way
May 14, 2014

The Local Yokel Trap of New York City

As a Brooklynite surrounded by progressives, I'm well aware of the need to "think globally and act locally" on a whole lot of matters. This persistent mantra seems particularly true when it comes to commerce, prompting those of us who heed such calls to shop (and generally pay more) at farmer's markets and mom & pop retailers, especially those in our very own neighborhood. This is how vital local businesses can be sustained in an environment rife with soulless, big chain predators. OK. Fine. So I do my part by forking over ten bucks to a farmer for a bunch of kale and a handful of carrots, though I can't understand why it costs more to buy the stuff direct from the guy who grew it himself. And then there was the time a Hudson Valley hipster tried to sell me a three pound chicken for $27. “What was it,” I asked. “Raised on truffles?”  
Read more of Andrew's story here
May 14, 2014

Carnegie Hill Residents Sell Their Gorgeous Penthouse Apartment for $7.25 Million

Why anyone would want to leave this gorgeous Carnegie Hill penthouse at 1150 5th Avenue will remain a mystery for the ages. For some reason, the penthouse's former owners, Karim Rashid and Tracy Buescher, have decided to sell their beautiful 5th Avenue pad. However, someone just hit the jackpot when they scooped up the 3BR/3.5BA beauty, built in 1924 by J.E.R. Carpenter - the unsung hero of 5th Avenue. The co-op was designed by architect Charles Platt, the award winning designer responsible for Washington D.C’s Freer Gallery of Art.
Take a look inside this gorgeous penthouse here
May 14, 2014

And the Cycle Continues: Stuy Town Ownership to Change Hands Again

It looks like Stuyvesant Town-Peter Cooper Village may be headed back to auction. Manhattan’s largest rental community is no stranger to the game of musical chairs that their owners have been inadvertently playing. The complex, comprised of 80 acres, 110 buildings, and 11,231 units between 14th and 23rd Streets, has had an interesting decade. It sold to Tishman Speyer Properties and BlackRock for a record $5.4 billion at the height of the real estate boom in 2006. Despite being accused of trying to push out lower income residents with high prices, they actually defaulted on their loan in 2010. Ownership of the property was transferred to the lenders, represented by CWCapital.
Drama in Stuy Town

Our Mission

More than just current events, here you'll learn about the places, people, and ideas that are shaping your city.