Conde Nast is in the final stages of negotiating its new office space lease in the new World Trade Center building….this means if you see a fabulously rail-thin figure hiding behind a Birkin bag, power-walking in a southerly direction, it may just turn out to be Anna Wintour, the empress of Vogue, who will officially… [Read More]
SLIM SHADY?
It was reported in the Wall Street Journal to-day that the world’s richest man, Carlos Slim of Mexico, may have failed to pay the real estate broker that had listed the property before it sold a commission on the purchase of the Duke-Semans Mansion at 1009 Fifth Avenue…. Of course, the Seller would be the… [Read More]
MORE THAN HALF OF NYC CONSTRUCTION IS EDUCATIONAL
New York City’s education sector has become an increasingly important market for the construction industry, according to the New York Building Congress, a nonprofit group that represents the construction industry. Elementary and secondary schools, as well as higher education institutions, accounted for 56% of the value of all institutional construction starts between May 2008 and… [Read More]
JOB CREATION IN NEW YORK CITY BEATS REST OF US.
CRAIN’s reports: After more than a year in which Greenhouse IT couldn’t land a single sales meeting, the company has finally gotten its foot in the door at city businesses over the past three months to pitch its workstation, server and network-management services. “The good news is, companies are ready to talk,” says Simon… [Read More]
THE MANHATTAN GARAGE
In this weekend’s New York Times, a story about the highly desirable private garage is a good read….of course, boldly mentioned is 200 Eleventh Avenue, the only condominium tower in the USA featuring private garages attached to each apartment, vertically, known as an En Suite Sky Garage. Developed by Urban Muse and Young Woo &… [Read More]
WATCH OUR SUB-ZERO: HERE’S THE NEXT CHIC APPLIANCE!
First it was granite counters, then stainless professional appliances, ESPECIALLY a Sub Zero fridge, then Crestron sound system, and so on and so on….: Could the latest-greatest amenity for you home be the car charger? What about this ultra-sleek-apple-chic charger from GE? Designed by Yves Behar, we think it looks great. With Tesla a publicly… [Read More]
200 ELEVENTH AVENUE EXPOSED
The scaffolding and netting are finally coming down on West Chelsea’s most eagerly anticipated building, the Annabelle Selldorf designed 200 Eleventh Avenue. Developed by Urban Muse and Young Woo & Associates, this is the first residential building to be completed facing Chelsea Cove, the new 9 acre park just north of Chelsea Piers. The building… [Read More]
BLACKPAD AND I-PAD: HOME AUTOMATION AND BROKERAGE CHANGE FOREVER:
With Research in Motion’s announcement today that they are developing a similar device to Apple’s I-Pad, we should feel certain that home automation and real estate brokerage will more than likely be entirely controlled by these devices going forward. And why not? Unlike cell phones, the larger screen is much easier to read, and much… [Read More]
CLINTON WEDDING vs. BUSH WEDDING (and the real estate)
In this morning’s Wall Street Journal, it was reported that Jenna Bush’s wedding cost a mere $ 100,000.00 compared to the stratospheric $ 3 million estimate for Chelsea Clinton’s wedding: “Bottom line? Think more like Jenna Bush, and less like Chelsea Clinton” A good point, yet one major defining issue was over-looked: the real estate…. [Read More]
BIGGEST NEW YORK BIDDING WAR OF 2010
The MANHATTAN BIDDING WAR has returned: Carlos Slim, reportedly the wealthiest man in the world, just won a bidding war on the Duke Semans Mansion at 1009 Fifth Avenue in New York City. His winning bid of $44 million outbid a Russian bidder whose bid was around $37 million. This is the largest multiple bid sale of 2010, and an… [Read More]