NYC real estate

NYC real estate

After pocketing $146.6 million to run the Roosevelt Hotel as a migrant shelter for two years, Pakistan's state-owned property is now stiffing the city for $13.6 million in overdue property taxes and nearly $1 million in unpaid water bills. Even worse: A sweetheart deal with the feds to redevelop the Midtown landmark into a supertall skyscraper could let Pakistan dodge all future taxes - potentially costing the city tens of millions per year.

While Boston and Philadelphia often dominate the conversation about America's Revolution, New York was at the center of events surrounding Independence and the City's history is often overlooked. The war literally began and ended in the city, from the earliest major battle - the largest and most important of the war - to the British evacuation.

President Clinton and First Lady Hillary Rodham Clinton have agreed to purchase a five-bedroom, 5,232-square-foot Dutch Colonial house in the tony Westchester County hamlet of Chappaqua, the White House announced Thursday. It will be the first home the couple will have owned after almost two decades of living in government housing.

When the Woolworth Building was constructed in 1910, owner Frank Woolworth and architect Cass Gilbert wanted to make the structure fireproof. With the recent tragedy of the Triangle Shirtwaist Fire and the memory of the Great Fire of New York City in 1835 in mind, every precaution was taken to ensure that the "Cathedral of Commerce" would not succumb to a similar fate.

The couple asked the man - who was shoveling snow off another resident's driveway - to stop throwing snow at their car, to which he replied, "shut the f-k up," according to Macias. The next morning, the couple found their red SUV completely covered in a mound of snow, which took over two hours to dig-out.

Trump has been snapping up opportunities to control - and in some cases quash - megaprojects in his hometown. Last October, his transportation department froze $16 billion that the Biden Administration had allocated to Gateway, the intricate complex of tracks, bridges, and a new Hudson River tunnel intended to improve rail service between New Jersey and Manhattan.

For Manhattan real estate brokers, Vornado is a highly relevant and sought-after client. Because landlords like Vornado pay the commissions for both the landlord's and the tenant's brokers, remaining in Vornado's good graces can be vital to a broker's livelihood.

Nearly half of the apartments in the seven tallest towers in the area sit empty. At night the picture is even starker, with dozens of darkened floors turning the glittering status symbol into a vertical 'ghost neighborhood' scraping the sky.

I was shocked at how vividly the contrast of the city's low and high density came to life when I visited the new exhibit at the Museum of the City of New York. What the model most powerfully shows is that most of the city is actually a suburb of one and two-story buildings. The New York of our minds, towering structures and vast numbers of people, is really quite limited.

An analysis from the policy group New York Housing Conference shows owners of government-subsidized, or "affordable," housing filed more than a third of city's roughly 120,000 eviction lawsuits in 2024 - often as a way to pressure tenants into paying back rent or to compel the city to intervene with aid.

Haven Court's housing lottery is now live in Mott Haven, putting 129 apartments up for grabs through the city's Housing Connect portal, with applications due by March 16, 2026. The two-building development covers several affordability bands, with advertised rents starting at $545 for some studio units and topping out at $2,571 for two-bedrooms at the highest AMI tier.

The hotel is on a prime cut of the Midtown East business district near Grand Central that the Bloomberg and de Blasio administrations upzoned in the 2010s. That change was meant to spur projects like this one, replacing older mid-rise buildings with newer taller ones, and we're seeing the results now.

Domo Hospitality Group is crossing the East River and planting a flag in Williamsburg, bringing Konya by Konban, a compact hand‑roll and izakaya concept, to a busy stretch of Kent Avenue. The new spot is set to take over a 1,850‑square‑foot ground‑floor storefront at 235 Kent Avenue, under a 10‑year lease, and will include a small outdoor patio. It will be Domo's sixth New York City location and its first in Brooklyn.

The units are at the center of an ownership dispute between Harry Macklowe and CIM Group. Macklowe had lost the condos last year when he defaulted on the mortgages he took out from CIM to buy the units. The developer paid about $47 million for the units along with a smaller pad on the 28th floor, which is not included in the latest sale. Serhant's Glenn Davis and Nicholas Compagnone had the off-market listing. The buyer was 78 Purchaser LLC.

The company has inked a new lease for the full 14,000-square-foot fourth floor at 841 Broadway and is combining it with the roughly 8,000-square-foot fourth floor it leased at 853 Broadway in June, creating one connected workplace of about 22,000 square feet, according to Commercial Observer. The term of the new lease has not been disclosed. Feil handled ownership's side of the deal in-house, while Perplexity was repped by Newmark brokers on the tenant side, per the report.

A buyer can get creative to make the most out of the original 1950s floor plan, which includes a separate kitchen and four closets. This Bay Ridge studio is compact, but it does have the bonus of a roomy foyer, four closets, and a price under $300,000. It is on the first floor of 9425 Shore Road, a postwar building across from Shore Park and Parkway.

What that became, in practice, was closer to psychic warfare. "We both tried to leverage the fact that we're supposed to be friends," Henry said. "I'd use it against him all the time: 'Come on, dude, what are you talking about?' And he'd do the same thing to me." Take, for example, the time Henry and his fiancé fostered a dog without asking Reid first: "I was like, 'He is not going to evict us for having a dog.'"

Living in New York City requires a constant negotiation between what we owe our neighbors and what our neighbors owe us. In an ideal world, you and your neighbor would have a mutual understanding about why it's good for everyone to keep a clean building, but if she is indeed hoarding then it's hard to imagine she's able to give you what she can't even give herself. This is a pickle.