HIGH LINE PARK VIEWING SPUR RISES

If you are walking near West 26th Street and 10th Avenue, look up. You will notice a new addition to the High Line—the Viewing Spur is starting to take shape. Crews have hoisted the 22-by-11-foot painted steel frame into place, giving us a hint of what will soon be one of Section 2’s most dynamic… [Read More]

THE ECONOMY: IS GOOD NOT GOOD ENOUGH?

The economy in the U.S. probably grew at a faster pace in the third quarter, reflecting a pickup in consumer spending that bodes well for the recovery’s staying power, economists projected a report this week will show. Gross domestic product rose at a 2 percent annual pace, up from a 1.7 percent rate in the… [Read More]

DOWNTOWN! Manhattan’s favored suburb. Convenience is the new luxury.

Is Downtown Manhattan the new New York SUBURB? With 200 Eleventh Avenue, you have a garage attached to your own apartment……many full-full service buildings are becoming similar to suburban ‘gated communities’ affording even more conveniences than their suburban counterparts….think 101 Warren Street with its own Whole Foods, Bed Bath and Beyond and Barnes and Noble IN… [Read More]

RENTS ARE TOO DAMN HIGH? MIDDLE CLASS IS THE NEW POOR (IN NEW YORK)!

Rents in New York, Los Angeles and Washington D.C. average $2,090 and are among the highest in the nation, running as much as 218% higher than in other major metro areas, according to Movoto.com, which tracks sales and rental prices in the 40 largest U.S. cities. “This fact is common knowledge throughout our dear land and… [Read More]

A TRASHY TALE….

Have you ever noticed the trash in front of some buildings (a system that appears more in keeping with 19th century technology) while other buildings do not have to succumb to placing large bags of garbage in front of their buildings? “It is truly amazing that in the 21st Century, with a world full of… [Read More]

BRACE YOURSELF: 2010 WALL STREET BONUS BONANZA COMING!

2010 Bonus pay on Wall Street is on pace to break a record high for a second consecutive year, according to a study conducted by The Wall Street Journal……so brace yourself for a real estate boost this coming Winter in New York. About three dozen of the top publicly held securities and investment-services firms—which include… [Read More]

THE MOST EXPENSIVE DOOR IN THE WORLD?

Yes, this door, a simple door located in THE CALEDONIA fronting onto The High Line Park, could very well be the most expensive door in the world….. Reliable sources have told us that negotiations between the building and the Parks department have broken down after the building was asked to pay an annual fee of… [Read More]

RACY REAL ESTATE: THE STANDARD HOTEL INSPIRES BAD BEHAVIOR?

Does real estate with a racy image expose you to potential legal hazzards? Does it inspire bad behaviour? An Australian businessman acquitted of trying to rape a maid at The Standard is suing the Meatpacking District boutique hotel for $10 million, charging that its racy atmosphere contributed to the false charges filed against Matthew Moorhouse, 42,… [Read More]

WEEKEND HOMES: NEW THINKING? NEW LOCATIONS?

The Financial Times reports that weekenders are becoming more adventurous in their quest for a second home. Where once a cottage in the countryside was de rigueur, today’s budget airlines mean that a new breed of buyer can get to the house of their dreams quickly and cheaply. “In the UK,” says Georgina Richards of… [Read More]