The Fifth Avenue Hotel at Fifth Avenue and 28th Street is housed in a building originally constructed for a bank in 1907. An adjoining 23-story tower was constructed for the site’s transformation into a hotel. ( Photo by Transpoman (Licensed under CC BY 4.0) Threat of Foreclosure Looms Over the Fifth Avenue Hotel Foreclosure proceedings have been initiated against the owners of Fifth Avenue Hotel, just 10 months after its grand opening,... News 20 Aug 2024 | 04:00
Without an operating business, a homeless individual and his worldly possessions sprawl in front of this long- vacated restaurant. ( Deborah Fenker) Empty Storefronts Menace The “City of Yes” As soon as 203 West 22nd Street mounted a “For Sale” sign at the property, two homeless men—both neighborhood regulars— swiftly... Voices 16 Jun 2024 | 01:50
A rendering of the NYC location’s facade, on 1 Wall Sreet ( Source: Printemps) Renowned chef to oversee restaurants at new French department store Paris, or at least a part of it, is coming to the Financial District in early 2025, in the form of 150-year-old grand magasin... Home 14 Jun 2024 | 11:49
One possible version of a new Penn Station ( Photo: ReThinkNYC) Building a New Penn Station? It might happen someday. ReThinkNYC offers its visions today It has been a year since Gov. Kathy Hochul promised to “entertain all concepts” for rebuilding Penn Station. Since that time... News 06 Jun 2024 | 03:47
Google purchased office space on the site of the old St. John’s Terminal near Hudson River Park in Hudson Square, May 10, 2024. Photo: Alex Krales/THE CITY Googles New HQ Opens with Only a Fraction of Nearby Low Cost Housing Promised by Pols By Samantha Maldonado Nearly a decade ago, Mayor Bill de Blasio’s administration brokered a deal to redevelop the derelict... News 15 May 2024 | 03:48
A view of the skyline of lower Manhattan where rental prices appear to be softening in advance of congestion pricing going into effect later this year. Photo: Wikimedia Commons Is Congestion Pricing Prompting New Renters to Look Outside Zone? The rental landscape in Manhattan took a slight dip in February, fueled by dips in many downtown neighborhoods, even while... News 29 Mar 2024 | 02:10
Stuyvesant Tower-Peter Cooper Village complex in Manhattan that will now remain rent stabilized after property owner Blackstone decided on Feb. 24 not to pursue its appeal of an earlier court ruling it had lost to the STPCV tenants association. Photo Credit: Google Street View. Tenants Celebrate As Over 11,000 Apartment Units Will Remain Rent Stabilized in Stuy Town Approximately 11,200 apartment units in Stuyvesant Town-Peter Cooper Village Complex in Manhattan will remain permanently... News 26 Feb 2024 | 04:40
Meta first leased space at 770 Broadway in 2019. Now it is cutting one third of its footprint there. ( Source: Wikimedia Commons) Meta Drops 275,000 sq ft of Workspace at 770 Broadway Meta Platforms, the social media giant that owns Facebook, Instagram, and WhatsApp, is abandoning 275,000 square feet out... News 15 Feb 2024 | 10:53
The Museum of Chinese in America has been based in 215 Centre Street since 2009. ( Source: MOCA) Chinatown Museum Draws Heat After it Finalizes $51M Purchase of Its Building with City Help The 43-year-old Museum of Chinese in America (MOCA) paid $51.1 million to a firm called the Grand Machinery Exchange for... News 12 Feb 2024 | 04:41
A mystery owner has taken over an historic Greenwich Village townhouse for $14 which contains the round cedar tree house that was at one time at the center of a bitter dispute as the city sought to tear it down. Now it is officially part of the Landmark District. Photo: Brown Harris Stevens Mystery Owner Pays $14 Million for Village Townhouse with Secret Treehouse in Yard There is a treehouse in Manhattan that was a the center of a battle nearly two decades ago when the city and a cranky neighbor... News 29 Jan 2024 | 12:36
The Hotel Pennsylvania at its opening in 1919 was an archictectural standout. Now all that is left standing are some steel struts and rubble from the demolished gem. The owner, Vornado Realty Trust, cancelled plans for a redevelopment so the sprawling eyesore is likely to be in place for years. Photo: Layla Law-Gisiko. Ode to the Hotel Pennsylvania The Hotel Pennsylvania is no longer. What is left is a pile of rubble, ruins, untidy, heaped like a carcass, a battlefield.... News 08 Oct 2023 | 12:52
Donald Trump said he is being unfairly targeted by New York State Attorney General Letitia James in the business fraud trial that began on Oct. 2 and could last until December. Photo: Michael Vadon/Wikimedia Commons Trump at Opening of Fraud Trial Denounces It As a “Scam;” Trial Could Last Until December (AP)–The fraud lawsuit that could cost former President Donald Trump control of some of his most prized properties went... News 03 Oct 2023 | 12:45
Former HQ of the Bowery Savings Bank in Chinatown, now a party venue, is to be sold for $26 million to private equity firm SC Holdings headed by Jason Stein. Photo: Google Historic Bowery Savings Bank Bldg To Be Sold for $26 million to Private Equity Firm The Bowery Savings Bank Building, now a glittery party venue, which the previous owners put into bankruptcy last year, is... News 25 Sep 2023 | 01:52
The Central Park West historic district lost the greatest number of multi-family buildings compared to other districts. Photo: Ben Fractenberg/THE CITY NYC Lost 100K Homes in Apartment-to-House Conversions It’s a New York dream to combine your place with the one next door to make a spacious home. But it comes at a price: over... News 30 Aug 2023 | 05:55
The Broome Hotel NY, which was sold to an LLC for $14 million dollars on August 18 ($6 million less than its asking price). ( Photo via thebroomenyc.com ) Soho Hotel Sells for $14 Million, Which Was $6M Less Than Initial Asking Price The Broome Hotel New York at 431 Broome St. has been sold for 14 million dollars, according to a report by Crain’s New York... News 29 Aug 2023 | 11:35
