Search Results for: -fifth avenue

January 22, 2026

Nathan’s Famous, home of the hot dog eating contest, sells for $450M

Nathan’s Famous, the century-old Coney Island hot dog institution that grew from a single stand into a global brand, has been sold for $450 million. On Wednesday, Smithfield Foods said it would pay $102 per share to acquire the iconic brand. Smithfield, a Chinese-owned food processor based in Virginia, has held the rights to produce and sell Nathan’s products in the U.S. and Canada since 2014, which were scheduled to expire in 2032. For fans worried about the future of the famed Nathan's Hot Dog Eating Contest, fear not—Smithfield said it plans to continue hosting the event, according to The Hill.
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January 20, 2026

NYC landlord to pay $2.1M to resolve 4,000+ building-code violations

By Aaron Ginsburg

A major New York City landlord will pay $2.1 million to settle thousands of violations across its properties under a settlement announced by Mayor Zohran Mamdani on Friday. The deal covers 14 A&E Real Estate-owned buildings, requiring the landlord to pay fines, fix more than 4,000 building-code violations, and bar further harassment of tenants. The settlement concludes a year-and-a-half legal battle that began under former Mayor Eric Adams and is the largest in the history of the Department of Housing Preservation and Development’s (HPD) Anti-Harassment Unit, according to Gothamist.
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Policy

Mamdani renews support for Morris Park hospital supportive housing project

Credit: Michael Appleton/Mayoral Photography Office on Flickr

January 20, 2026

Mamdani renews support for Morris Park hospital supportive housing project

By Aaron Ginsburg

Mayor Zohran Mamdani has revived a controversial supportive housing project at a Bronx hospital that would deliver more than 80 homes, including nearly 60 for formerly incarcerated people leaving Rikers Island. On Monday, Mamdani announced his support for “Just Home” at the NYC Health + Hospitals/Jacobi campus in Morris Park, a plan to convert a vacant hospital building into 83 affordable apartments, including 58 supportive units for New Yorkers exiting Rikers Island with medical conditions such as cancer or heart failure. Former Mayor Eric Adams initially supported the project when it was unveiled in 2022, but withdrew support ahead of the 2025 election, urging lawmakers to abandon the plan, according to Gothamist.
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Affordable Housing

Hunts Point plaza gets $12M makeover with new public space and traffic improvements

Photos courtesy of NYC DDC

January 14, 2026

Hunts Point plaza gets $12M makeover with new public space and traffic improvements

By Aaron Ginsburg

A busy Bronx intersection known for pedestrian-vehicle conflicts has received a $12 million upgrade, improving safety and creating a vibrant public space for residents. Last week, the city's Departments of Transportation (DOT), Parks, and Design and Construction (DDC) announced the completion of upgrades to Hunts Point’s Monsignor Raul Del Valle Square, finished on time and nearly 20 percent under its $14.8 million budget. The project realigned the roadway to ease traffic on East 163rd Street and added a new lane on Hunts Point Avenue, addressing issues with illegal turns, inadequate signage, and long crossing distances.
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Mamdani unveils $4M pilot program to expand public restroom access in NYC

Bryant Park’s public restroom, one of the nicest in the city. Image via WikiCommons

January 12, 2026

Mamdani unveils $4M pilot program to expand public restroom access in NYC

By Aaron Ginsburg

New Yorkers on the go often face a familiar dilemma: finding a public restroom in a city of immense luxury yet with too few facilities across the five boroughs. On Saturday, Mayor Zohran Mamdani announced a $4 million pilot program to address the shortage, publishing a request for proposals (RFP) for high-quality modular public restrooms that can be installed quickly and more cheaply than traditional public facilities. Similar to facilities already in use in cities like Los Angeles and Portland, the modular units can operate without direct connection to the city’s sewer and water lines, speeding installation.
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Policy

4/ 5 subway lines to see major service changes in January and February

Photo by Tdorante10 on Wikimedia

January 9, 2026

4/ 5 subway lines to see major service changes in January and February

By Devin Gannon

The Metropolitan Transportation Authority this week announced major service changes on the 4 and 5 subway lines throughout January and February as the agency works to replace switches along the Jerome Avenue line. The 37-year-old switches will be swapped for new ones that will last for the next two decades, improving the daily commutes of roughly 1.1 million riders, according to the MTA.
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Mamdani restarts bike lane redesign on Astoria’s 31st Street

Credit: DOT

January 8, 2026

Mamdani restarts bike lane redesign on Astoria’s 31st Street

By Aaron Ginsburg

Mayor Zohran Mamdani is reviving another street safety plan delayed or scrapped under his predecessor. The mayor announced the city will restart the redesign process for Astoria's 31st Street, which had briefly seen construction on a partially-protected bike lane before a Queens judge ruled the city had failed to follow proper protocols and ordered its removal. The Department of Transportation (DOT) plans to address the legal issues that previously stalled the project and ensure improved safety on the notoriously dangerous corridor, which ranks among the top 10 most dangerous streets in Queens.
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Huge Broadway Triangle development opens lottery for 120 apartments, from $812/month

Credit: Fischer + Makooi

January 7, 2026

Huge Broadway Triangle development opens lottery for 120 apartments, from $812/month

By Aaron Ginsburg

A huge mixed-use development in the Broadway Triangle section of Williamsburg opened a housing lottery for 120 affordable apartments. Developed by Rabsky Group, the project includes eight buildings across two blocks at a site formerly occupied by the pharmaceutical company Pfizer. The development has been constructed in phases, with the latest bringing a 10-story affordable rental building to 11 Gerry Street. New Yorkers earning 40, 60, and 100 percent of the area median income can apply for the units, priced from $812/month one-bedrooms to $3,298/month four-bedrooms.
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Affordable Housing

Williamsburg Wharf launches leasing for newest waterfront rental, from $3,980/month

Renderings courtesy of Naftali Group

January 6, 2026

Williamsburg Wharf launches leasing for newest waterfront rental, from $3,980/month

By Aaron Ginsburg

Leasing has launched for 128 market-rate apartments at the newest luxury rental building to open at the Brooklyn waterfront's Williamsburg Wharf complex. On Tuesday, Naftali Group announced the start of leasing for Four Williamsburg Wharf, designed by Brandon Haw Architecture and Hill West Architects with interior design by Studio Munge, marking the completion of the development’s first phase. Pricing starts at $3,980/month for studios and $4,925/month for one-bedroom units.
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Real Estate Trends

One year of congestion pricing in NYC, 27 million fewer vehicles, $550M in revenue

Photo by Pranay Pareek on Unsplash

January 5, 2026

One year of congestion pricing in NYC, 27 million fewer vehicles, $550M in revenue

By Devin Gannon

By nearly every measure, congestion pricing is working. In the first year of the program, 27 million fewer vehicles entered Manhattan south of 60th Street, resulting in an 11 percent reduction in traffic. The program, which began on January 5, 2025, is on track to generate $550 million in revenue for the Metropolitan Transportation Authority, about $50 million more than originally projected. Gov. Kathy Hochul and the MTA on Monday released a report detailing the successes of congestion pricing during its first year, even as nearly a dozen lawsuits have attempted to stop the program.
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McGuinness Boulevard to be redesigned with two protected bike lanes, after all

Credit: Michael Appleton/Mayoral Photography Office on Flickr

January 5, 2026

McGuinness Boulevard to be redesigned with two protected bike lanes, after all

By Aaron Ginsburg

Greenpoint’s notoriously dangerous McGuinness Boulevard will receive its originally planned safety upgrades, Mayor Zohran Mamdani announced Saturday. The city's Department of Transportation (DOT) will move forward with its plan to install protected bike lanes along the entirety of McGuinness Boulevard, extending existing protected lanes between Meeker and Calyer Streets up to the Pulaski Bridge. The move fulfills a campaign pledge Mamdani made in August to complete the original project and follows a corruption scandal under former Mayor Eric Adams, in which the redesign was scaled back amid allegations that a neighborhood film production company bribed a senior administration official, as Gothamist reported.
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December 31, 2025

10 listings 6sqft readers loved in 2025

By Devin Gannon

In 2025, 6sqft published nearly 170 stories on "distinctive homes," special New York City properties with interiors that inspired us and prices that made our jaws drop. Interestingly, five of our 10 most-read stories this year featured homes outside of the city, with a $975,000 mid-century modern home designed by a student of Frank Lloyd Wright topping the list. Readers also enjoyed renovated Brooklyn brownstones with big price tags, penthouses with outdoor pools, and Jackie Gleason’s UFO house in Westchester. Ahead, take a look at 6sqft's most popular stories on homes that hit the market this year.
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Distinctive Homes

New transit-oriented Cypress Hills project has 200+ affordable units

Credit: Think! Architecture + Design PLLC6

December 24, 2025

New transit-oriented Cypress Hills project has 200+ affordable units

By Aaron Ginsburg

A mixed-use residential project in Cypress Hills, set to deliver more than 200 affordable apartments just steps from the subway, moved ahead this week. On Tuesday, a joint venture of Slate Property Group, Thorobird Companies, and Bangladeshi American Community Development & Youth Services (BACDYS) closed on 570 Eldert Lane, a transit-oriented development that will add 213 homes adjacent to the A train at Grant Avenue. The property will also include 10,000 square feet of community space operated by BACDYS, along with on-site supportive services from the non-profit Urban Pathways.
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Converted former brewery in Murray Hill opens lottery for 28 apartments, from $940/month

Credit: NYC Department of Housing Preservation and Development

December 24, 2025

Converted former brewery in Murray Hill opens lottery for 28 apartments, from $940/month

By Aaron Ginsburg

A former brewing company headquarters in Murray Hill, later converted into medical offices, has been reimagined once again. Now a residential development, the building at 650 First Avenue opened a housing lottery for 28 mixed-income apartments. The 11-story building first served as the Kips Bay Brewing Company's headquarters more than 120 years ago, and has been transformed by developer Lalezarian Properties into 111 residences, according to CityRealty. New Yorkers earning 40, 80, and 100 percent of the area median income can apply for the units, priced from $940/month studios to $3,290/month two bedrooms.
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Affordable Housing

Work to begin on $1.6B life sciences hub in Kips Bay next year

All renderings courtesy of SOM / Miysis

December 23, 2025

Work to begin on $1.6B life sciences hub in Kips Bay next year

By Aaron Ginsburg

Work on a huge new life sciences campus in Kips Bay, aimed at cementing New York City as a national leader in the field, is getting ready to kick off. Gov. Kathy Hochul and Mayor Eric Adams on Tuesday announced a timeline for construction of the Science Park and Research Campus (SPARC) Kips Bay at East 25th Street and First Avenue, with deconstruction of the current campus planned for February 2026 and construction of the new campus the following year. The $1.6 billion project will provide modern facilities for 4,500 City University of New York students and create a clear pathway to careers in the life sciences sector. The campus will include an ambulatory care center, a Health + Hospitals training facility, a health sciences high school, and a training center for forensic pathologists.
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New Developments

Former Midtown hotel to become 579 affordable apartments

Photos courtesy of Slate Property Group unless otherwise noted.

December 22, 2025

Former Midtown hotel to become 579 affordable apartments

By Aaron Ginsburg

A former Midtown hotel is slated to become a permanently affordable housing building with nearly 600 units. On Monday, Slate Property Group and Breaking Ground announced the acquisition of the Stewart Hotel at 371 Seventh Avenue, which will be converted into 579 affordable apartments for low-income households and formerly homeless individuals. The purchase underscores an emerging strategy to address the city’s housing crisis by converting underused hotels into affordable housing, following the opening last week of the city’s first such development at the former JFK Hilton in South Jamaica, Queens.
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NY’s first hotel-to-affordable housing conversion near JFK Airport is now complete

Credit: Slate Property Group

December 18, 2025

NY’s first hotel-to-affordable housing conversion near JFK Airport is now complete

By Aaron Ginsburg

The transformation of a vacant hotel near John F. Kennedy International Airport into affordable housing is complete, marking New York’s first development of its kind. Gov. Kathy Hochul on Thursday announced the completion of the Baisley Pond Park Residences in South Jamaica, which has turned the former JFK Hilton into 318 affordable and supportive apartments. The $167 million project—the first in the state to repurpose a hotel for affordable housing—features an indoor healing garden, on-site social services, and is fully electric.
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Affordable Housing

MTA to add spikes and paddles at most NYC subway stations to curb fare evasion

Credit: Marc A. Hermann / MTA on Flickr

December 17, 2025

MTA to add spikes and paddles at most NYC subway stations to curb fare evasion

By Aaron Ginsburg

Almost every New York City subway turnstile will soon feature protective fins, sleeves, and spikes to prevent fare evasion, the MTA said Monday. NYC Transit President Demetrius Crichlow told the MTA board that the agency plans to spend $7.3 million to install the technology at 129 additional stations by January, adding to the 327 of the city’s 472 subway stations that already have it. According to Crichlow, stations equipped with the technology, designed to make it harder to hop or slip around a turnstile, have seen fare evasion drop by up to 60 percent.
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See inside Queens’ tallest tower, a 70-story rental with a massive ‘backyard’

Renderings courtesy of Binyan Studios

December 15, 2025

See inside Queens’ tallest tower, a 70-story rental with a massive ‘backyard’

By Aaron Ginsburg

The tallest tower in Queens is getting ready for its first residents. The Orchard is a 70-story rental in Long Island City with 824 apartments and more than 100,000 square feet of amenities, including a massive backyard space with a swimming pool and apple orchard. The building, which topped out last November and launched a housing lottery earlier this month, will officially begin leasing next month, with move-ins expected in February. Ahead of the launch, 6sqft got an exclusive look at The Orchard, from the incredible outdoor space to its sky-high New York City views.
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December 12, 2025

Whole Foods to open first Queens location in Ridgewood

By Aaron Ginsburg

Queens is set to get its first-ever Whole Foods, as the popular grocery chain signed a lease in Ridgewood this week. As first reported by Crain's, the Amazon-owned supermarket on Wednesday signed a 15-year deal for 28,000 square feet inside the former Beaux-Arts bank building at 55-60 Myrtle Avenue. The grocery store will take over a space previously occupied by Rite Aid, which filed for bankruptcy for the second time in May.
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Real Estate Trends

Coney Island boardwalk to get $1 billion revamp

Credit: Danny Policarpo on Unsplash

December 11, 2025

Coney Island boardwalk to get $1 billion revamp

By Aaron Ginsburg

Coney Island’s landmarked Riegelmann Boardwalk will undergo a $1 billion reconstruction. During a Brooklyn Community Board 13 meeting on Monday, NYC Parks Program Director Grace Tang announced that the department received funding to fully reconstruct the 2.7-mile boardwalk, replace utilities and structural piles, and elevate it in certain areas. Mayor Eric Adams announced plans for the reconstruction as part of his "Coney Island West" plan, which aims to bring thousands of new homes, retail spaces, and infrastructure improvements to the neighborhood.
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Architecture And Design

For $6.75M, everything you’d want in a Park Slope brownstone

All photos courtesy of Shannon Dupre, DD-reps

December 11, 2025

For $6.75M, everything you’d want in a Park Slope brownstone

By Michelle Cohen

If you wanted to show a flawless example of Park Slope brownstone living, this four-story townhouse at 100 6th Avenue would serve you well. Asking $6,750,000, the 19th-century two-family home on a landmarked North Slope block is filled with historic details like Italianate marble mantels and original oak flooring with mahogany inlays. Layered on top are luxury modern additions, like a multi-zoned HVAC and upgraded Marvin windows.
park slope brownstone living, this way

Distinctive Homes

Photo by Jim.henderson on Wikimedia

December 11, 2025

10 ‘secrets’ of Gracie Mansion

By Lucie Levine

Gracie Mansion, the gracious Federal-style mansion that overlooks the East River from Yorkville’s Carl Schurz Park, has been New York’s Mayoral residence since 1942. But the house had a long history before it started hosting municipal magistrates. Since construction began in 1799, Gracie Mansion has served as a residence, a museum, and even an ice cream stand. As the city prepares to welcome a new mayor to the mansion, here are 10 secrets of the People’s House.
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History

Here are NYC’s most dangerous intersections

Looking from Avenue H, Nostrand Avenue and Flatbush Avenue in Brooklyn. Photo by Tdorante10 on Wikimedia

December 10, 2025

Here are NYC’s most dangerous intersections

By Aaron Ginsburg

There are nearly 120 intersections across New York City where five or more New Yorkers have been killed or seriously injured over the last three years, new data shows. The map, released on Tuesday by Transportation Alternatives, highlights these high-risk intersections across the five boroughs, where nearly three million pedestrians live within a half-mile of at least one. Street safety advocates are calling on the City Council to pass a bill requiring universal daylighting at every intersection—a measure introduced more than a year ago but not yet brought to a vote.
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City unveils plan for 600 affordable homes, soccer field, and STEM center on vacant Inwood lot

Renderings courtesy of La Ostra Development Team

December 10, 2025

City unveils plan for 600 affordable homes, soccer field, and STEM center on vacant Inwood lot

By Devin Gannon

A plan to build hundreds of affordable homes on a vacant lot in Inwood is moving forward. The city's Department of Housing Preservation and Development (HPD) on Wednesday announced Slate Property Group, Xenolith Partners, and Comunilife Inc. will develop "La Ostra" at 4095 9th Avenue. Designed by Magnusson Architecture and Planning, PC (MAP), the Harlem River waterfront development will feature more than 600 affordable homes for low-income New Yorkers and seniors and a marine science and STEM education center operated by the Billion Oyster Project and BioBus.
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