Image: Jennifer Rotner via Flickr.

Developer TF Cornerstone and investment firm MSD Partners have announced plans to purchase and tear down the Grand Hyatt building adjacent to Grand Central Terminal, the Wall Street Journal reports. The hotel brand will eventually return to the site in a form different from the smoked glass-clad building that was Donald Trump’s first major Manhattan development. In its place will rise a mixed-use project that includes 2 million square feet of high-octane office space. The planned development is one of four new towers in the works as a result of a 2017 Midtown East rezoning aimed at encouraging new office buildings as well as infrastructure improvements in the east side business district.

The times they are a-changin’ in East Midtown

Image via Flickr

It’s going to be the second weekend without L service between Brooklyn and Manhattan, there will be a slew of skipped stops across many of the lines, and longer than usual wait times on the 4, 5, D, N, and Q trains. Riders of the 2, 3, 6, and G are in luck this weekend with no planned interruptions on the slate for you (though there’s always a risk for unplanned hiccups). Read on for the full details and keep frustration at bay this weekend.

Know before you go

Photo via MTA/Flickr

It’s been three years since the Second Avenue Subway’s long-awaited opening, and with phase two finally inching forward, what better time to learn all about the past, present, and future of this incredible infrastructure project. Join 6sqft’s managing editor Dana Schulz for a tour with the Municipal Art Society about the history, art, and architecture of the Second Avenue Subway. Taking place on Sunday, February 24th, the two-hour event will explore why it took nearly 100 years for the train’s wheels to get rolling, how it was designed, and what engineering feats set it apart. Guests will also view the impressive collection of public art from Chuck Close, Sarah Sze, Vik Muniz, and Jean Shin, learning about these contemporary artists and the significance of their work.

Find out how you can win a pair of free tickets

Here’s a chance to own the former home of Eleanor Roosevelt, one of the nation’s favorite First Ladies. She lived at 211 East 62nd Street in Lenox Hill from 1953 to 1958 following her husband’s death. In the opulent spaces, she entertained the likes of Indira Gandhi, Adlai Stevenson, and John Kennedy, pursued her social justice and political causes, and penned her popular column for “My Day.” Investor Charles Ueng purchased the townhouse for $9 million in 2011 and spent $2 million on renovations before putting it on the market for $18 million in 2015. The property has been on and off the market since then and was just relisted with a lower asking price of $13,500,000.

You don’t want to miss this

Ten bronze statues of inspiring women will be installed in New York City this summer as part of a project that hopes to address the lack of monuments of women in the city. Artists Gillie and Marc, the couple behind Astor Place’s 17-foot-tall rhino sculpture, on Thursday launched “Statues for Equality,” which aims to increase the number of statues of women in NYC by 200 percent. Currently, only five of the city’s 150 statues depict nonfictional women.

More here

Photo via Wikimedia

In a statement this week, Newark Mayor Ras J. Baraka asked that New York City’s Special One-Time Assistance (SOTA) Program providing homeless shelter residents with free rent for a year if they are willing to leave NYC be re-evaluated due to “serious defects.” A recent investigation by WNYC confirmed that some families ended up in “illegal and uninhabitable” apartments in Newark. As CBS New York reports, Baraka cited the fact that participants were coming to Newark under the program–which pays landlords a year’s worth of rent upfront–and ending up in the aforementioned conditions, then being abandoned to become homeless again when the year was up.

Find out more

Via Flickr

To celebrate Black History Month, ride-hailing company Lyft is offering one free ride to black-owned businesses, history museums, and memorials in New York City. According to the company, 82 percent of Lyft drivers identify with a minority group, which makes the company “see the importance of celebrating the diversity that we have right around us.”

More here

Photo via Dan Phiffer on Flickr

Last May, 6sqft reported on the release of the MTA’s ambitious 10-year “Fast Forward” plan to modernize New York City’s transit system featuring a state-of-the-art signal system, more accessibility, a new fare payment system and thousands of new subway cars and buses. Perhaps the most ambitious part of the plan is that work previously estimated to take nearly 50 years would be completed within the next decade. But just how much would these marvelous changes improve our daily commute? Transit advocacy organization Transit Center breaks it down for a few of the city’s more sluggish examples to show us how much time we might get back to do better stuff than sit on the subway.

More time to wait in line for coffee

Photo of Truman Capote via Wiki Commons

In 1959, Truman lived in Brooklyn Heights around the corner from 13 Pineapple Street, a Federal-era home that inspired him to write the following lines: “Cheerfully austere, as elegant and other-era as formal calling cards, these houses bespeak an age of able servants and solid fireside ease; of horses in musical harness,” as 6sqft previously noted. The house, one of the oldest in Brooklyn, hit the market for the first time in 26 years in January of 2017 for $10.5 million and received a price chop the following year to $8.4 million. Now, after being on the market for two years, the owners have reduced the price again to a more conservative $7.6 million.

Look around