Real Estate Wire: Puff Daddy Price Chops His Park Imperial Haven; More New Yorkers Installing Solar Panels

Posted On Mon, August 11, 2014 By

Posted On Mon, August 11, 2014 By In Real Estate Wire

  • Puff Daddy, P. Diddy, Sean Combs—whatever you want to call him—has re-listed his 2,292-square-foot Park Imperial loft for $7.9M. The new listing sees a $500K price reduction. [Curbed]
  • New York is lagging other major cities in its pace of residential construction. Permits for 17,995 new housing units were issued in 2013—a little more than half of the units authorized in 2008. [WSJ]
  • More New Yorkers are installing solar panels. The number of installations in Con-Ed serviced areas doubled last year alone. [WSJ]
  • Fearing the loss of below market-rate apartments at Stuyvesant Town-Peter Cooper Village, the de Blasio administration has reached an agreement to extend talks with CWCapital to find a way to preserve the complexes’ affordable units. [TRD]
  • Moinian Group is expected to file for permits to break ground on its 66-story West Side tower just north of Hudson Yards. [Crain’s]

P. Diddy’s digs (left); Solar array (right)

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