Real Estate Wire: Residential Developers Pulling Out of the Game; Rockaway Boardwalk Renewal Delayed

Posted On Fri, October 3, 2014 By

Posted On Fri, October 3, 2014 By In Real Estate Wire

  • Related Companies is the latest landlord to ask property managers to turn in tenants for listing their apartments on AirBnb. [TRD]
  • Another potential residential development site in Tribeca could fetch $50M. [Crain’s]
  • A Hudson Yards strip club may be turned into a 46-story residential tower. [TRD]
  • Are too many luxury buildings being constructed? Some developers are opting to dial things down, while others are pulling out completely. [NYT]
  • Efforts to rebuild the Rockaway Boardwalk have been delayed for a redesign that will address local concerns about access to the waterfront. [DNAinfo]
  • 53,000 artists want to live in a 90-unit East Harlem apartment complex. Once a school, the building is being converted to a live/work space as a hedge against gentrification. [Crain’s]

Images: Diagram via NYT (left); Rockaway re-design (right)



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