When is this clever idea coming to the USA with its MILLIONS of square feet of parking spaces in sunbelt areas? Imagine every Wallmart and Home Depot, not only providing shade to all its parked cars to reduce their need for that initial AC blast, but also producing enough power from the overhead SOLAR PANELS… [Read More]
BIG CITY FEDERAL TAX CREDIT ESSENTIAL!
The Obama administration is about to define ALL single persons earning $ 200,000.00 or more or ALL couples earning $ 250,000.00 or more rich: It is time we stand up to this sheer stupidity. Yes, these incomes would definitely qualify you as rich in Oklahoma City or a small town in Vermont, but it is… [Read More]
MARKET HEADING DOWN? YES AND NO.
In this morning’s Wall Street Journal Josh Barbanell reports that despite rising gloom about home sales across the country, sales of apartments in Manhattan appear to have strengthened this summer, with median prices up, inventory down and an increase in the number of apartment closings. The figures suggest that the Manhattan market, buoyed by a… [Read More]
ONE HYDE PARK: THE MOST EXPENSIVE APARTMENT IN THE WORLD SELLS.
And you thought New York was expensive? Think again. A six-bedroom, two-floor penthouse in the One Hyde Park development in Knightsbridge, London has sold for £140 million — equivalent to around $220 million — making it the world’s highest priced apartment sale, according to THE REAL DEAL. The buyer, who remains anonymous, will enjoy views of the London skyline,… [Read More]
HUDSON BLUES….
In this morning’s Wall Street Journal, the next stage in the saga of the building HUDSON BLUE at 423 West Street is reported: http://online.wsj.com/article/SB10001424052748704017904575409722058648014.html This building, located a few doors down from the 3 Richard Meier Towers, home to celebrities Calvin Klein and Hugh Jackman, somewhat emulating their glass and white steel facade, has been… [Read More]
IS WALKING TO WORK IN VOGUE?
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]
NEW YORK HAS THE MOST MILLIONAIRES, BUT….
In to-days Wall Street Journal, a tally is made of the number of millionaires (those with at least $ 1million in investable assets) in the major cities of the US: New York ranks #1, and has almost as many millionaires as Los Angeles, Chicago, Washington and San Francisco…combined! The number grew almost 19% in 2009. BUT, $ 1million… [Read More]
ARCHITECTURE SHIFT: IS THE GLASS BOX TREND OVER?
“New Yorkers may be burnt out on glass buildings,” architect James Carpenter said in a recent New York Times article. With over more than 30 years as a glass artist, he is now more focused on using the material not as mere enclosure, but as a tool for manipulating light. The debate still rages on… [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]
CHARLIE RANGEL AND RENT CONTROL
While aggressive evictions are reducing the number of rent-stabilized apartments in New York, Representative Charles B. Rangel enjoys 4 of them, including 3 adjacent units on the 16th floor overlooking Upper Manhattan in a building owned by one of New York’s premier real estate developers. The Harlem building where Representative Charles B. Rangel has four rent-stabilized units…. [Read More]