Renderings of the new Penn Station which shows a new main entrance that is planned for the Eighth Ave. side of the station. The developer says the plan will allow for a station with natural light, soaring ceilings, and spacious platforms. ( Photo: Rendering obtained by Gothamist ) Who is Going to Pay for the $8 Billion Rebuild of Penn Station? The Trump administration has revived Andrew Cuomo’s plan to use payments from real estate development around Penn Station... News 30 May 2026 | 03:12
This building at 441 E. 12th St. in the East Village is one of four owned by LLCs tied to David Jacobson and the late Michael Ricatto. ( Photo: Zelda Nguyen ) Inside the $55 Million Foreclosure Crisis Facing an East Village Landlord If one views the four buildings between East 12th and East 14th streets, it’s easy to discern they were built in the same... News 16 May 2026 | 01:04
The Landmarks Preservation Commission has shot down demolition plans for 139 Thompson St., a landmarked rent-stabilized apartment building (above, scaffolding), pleasing local advocates. ( Photo: LPC ) LPC Rejects Demolition of SoHo Landmark, Advocates Pleased Local advocates are hailing a ruling by the Landmarks Preservation Commission that will prevent the destruction of a historic... News 29 Apr 2026 | 02:40
Jimmy’s Corner owner Adam Glenn (center-right), who inherited the dive bar from his late boxing legend father, rallied against a planned eviction of his business by the Durst Organization on April 10. ( Photo: Julia Salazar, X.com) Fight to Save Jimmy’s Corner Continues With Spirited Rally A group of city politicians and local residents held an April 10 rally to call for a halt to the planned eviction of Jimmy’s... News 22 Apr 2026 | 10:30
The average price to rent an apartment in Manhattan soared to over $5,000 a month, setting a new record. The Rent Guidelines Board, meanwhile, said that net operating income for landlords of rent stabilized apartments in core Manhattan jumped 10 percent. ( Photo: apartments.com) Average Rent Cost in Manhattan Shoots up to $5,000 Per Month The median rent in Manhattan hit a record high of $5,000 per month, a six percent increase from the previous year, a new... News 27 Mar 2026 | 04:45
A skyscraper at 2 World Trade is finally set to resume construction, after American Express committed to being its anchor tenant. Construction HAS been on pause since 2012. ( Rendering: Foster + Partners ) 2 WTC To Resume Construction With AmEx As Anchor Tenant Construction is slated to recommence at the long-stalled 2 World Trade Center in the Financial District, with American Express... News 28 Feb 2026 | 10:50
Outside the front of the Waldorf Astoria Hotel which the Chinese owners are putting on block only a year after an $8 billion renovation that shut the iconic hotel for eight years was completed. ( Photo: The Waldorf Astoria) Chinese Owners of Waldorf Astoria Put Hotel on Block: Report The iconic Waldorf Astoria is about to hit the for sale market, only a year after the Chinese owners completed a massive... News 15 Feb 2026 | 06:13
Kips Bay will be getting a spiffy new life sciences complex, which will displace the Public Health Lab to Harlem and give the medical examiner’s office a new home. ( Photo: EDC ) Kips Bay Science Complex, With New City Morgue, is ‘Shovel-Ready’ New York city and state officials have announced that they’ve broken ground on a new life sciences complex coming to Kips... News 26 Dec 2025 | 02:24
Village Preservation is trying to derail a proposed 203-foot-tall luxury tower (center, front) on Little West 12th Street, by asking a city panel to reject a zoning variance. ( Rendering: Village Preservation ) Local Advocates Oppose Another Little W. 12th St. Tower A local advocacy group is urging a city panel to reject a zoning change that would permit a 14-story luxury tower to go up... News 22 Dec 2025 | 12:58
Tory Burch in 2009. An LLC connected to her is spearheading a lawsuit against the board of the Pierre co-op. ( Photo: Wikimedia Commons ) Pierre Residents Facing Eviction Sue Co-op Hotel Over Proposed Sale A group of residents of the Pierre, the upscale Fifth Avenue residential hotel, are suing the hotel’s board for pursuing... Home 07 Nov 2025 | 10:03
The Elizabeth Street Garden in the summer of 2025. ( Photo: Marie Pohl) Elizabeth Street Garden Faces Death, Again: This Time by Mamdani In another break with his rivals, Zohran Mamdani said he intends to evict the beloved Elizabeth Street Garden from a city-owned... News 01 Nov 2025 | 10:57
JPMorganChase headquarters at 270 Park Ave. looking northwesterly. ( Photo: JPMorganChase) Finance Giant JPMorganChase Opens Stunning New Park Avenue HQ Shout it loud and proud, New Yorkers, JPMorganChase did it, officially opening their stunning new headquarters at 270 Park... News 26 Oct 2025 | 10:05
A luxury Fifth Avenue development pursued by former NY Governor Eliot Spitzer’s company will now be one story taller, thanks to the “City of Yes” zoning overhaul. ( Photo: Spitzer Enterprises ) CB8 Impressed by Eliot Spitzer’s Now-Taller 5th Avenue Project Former NY Governor Eliot Spitzer’s family development company, Spitzer Enterprises, is revising a longstanding demolish-and-rebuild... News 21 Oct 2025 | 07:46
Clockwise from left: 118 and 120 Elizabeth St.; DOB vacate order; e-bike batteries; illegal basement living space. ( Photos: Brian Berger, FDNY) Chinatown Raid Finds Hazardous E-Bike Charging & Maze of Vice Call it notes from the underground, the Chinatown Real Estate edition. That’s one way to summarize the results of a multi-agency... News 28 Sep 2025 | 03:11
The Catholic Archdiocese of New York sold its headquarters for $103 million to the Vanbarton Group, which plans to do an office-to-residential conversion that will contain over 400 units, including 25 percent that will be affordable housing. ( Photo: Wikimedia Commons ) Developer That Bought Catholic Archdiocese HQ Is Latest in Growing Office-to-Housing Trend Vanbarton Group paid $103 million to the Roman Catholic Archdiocese of New York for its HQ building at 1011 First Ave., financed... News 18 Sep 2025 | 02:19
