November 19, 2014

Real Estate Wire: Mega Residential Development Could Come to Bronx Waterfront; Fifth Avenue Is World’s Most Expensive Retail Address

William Randolph Hearst’s penthouse apartment at 91 Central Park West is back on the market for $27.5 million after Giorgio Armani’s deal fell through. [Curbed] An abandoned industrial lot on the Bronx waterfront could become the next mega residential development for $30 million. [NYDN] Fifth Avenue is the world’s most expensive retail address, overtaking Hong […]

September 30, 2014

Could Spofford Juvenile Center in Hunts Point Become Mixed-Income Housing? Majora Carter Thinks So.

Tribeca has adaptively reused its former manufacturing lofts; Gowanus its factories; and Long Island City its bakeries. Now, Hunts Point might be added to the adaptive reuse list for its conversion of a former jail. Urban revitalization strategist and public radio host Majora Carter is aiming to transform the Spofford Juvenile Center into a combination of mixed-income housing, open space, and economic development, a formula she feels would appeal to the neighborhood.
More on Carter's vision and the transformative project

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