// LIVE FEED · UPDATED HOURLY · 6 SOURCES
NYC Real Estate
News Feed.
Breaking news from NYC’s most trusted property sources — new developments, market trends, housing policy, building violations, neighborhood changes. All 5 boroughs.
Signs that a NYC basement apartment is a safe and legal rental
When Hurricane Ida blew through New York City in September 2021, it dumped more than half a foot of rain on Central Park in just a few hours, floated cars down city streets, and halted the subway system. At least 11 people were killed when their basement-level apartments filled with water or suffered other storm-related destruction. The storm cast new attention on the potential hazards of basement apartments and the need to make more units safe for living. Bringing basement apartments up to code is part of City of Yes for Housing Opportunity, NYC's citywide rezoning plan.
A short history of New York City’s foul air shafts
If you think there is nothing worse than renting an apartment with windows and no view, think again. At one point in the city’s history, where one may now enjoy a small sliver of daylight and at least some fresh air, there was no light or air at all. Indeed, tenants’ windows looked out onto [...
Park Avenue penthouse with enormous terrace owned by Maurice Tempelsman lists for $5.5M
The Park Avenue penthouse owned by Maurice Tempelsman, Jackie Kennedy Onassis’s longtime companion, is now on the market. Tempelsman, who died last summer at the age of 95, bought the top-floor co-op at 1155 Park Avenue in Carnegie Hill for $3. 3 million in 1999, as the New York Times reported.
NYCHA tenants can voice concerns in new forum series with city officials
New York City public housing residents will be able to raise concerns directly with city officials as part of a new engagement campaign. Mayor Zohran Mamdani last week announced “NYCHA in Your Neighborhood,” a series of events in May and June that will allow residents to speak with agency officials about issues including repairs, community [... ] The post NYCHA tenants can voice concerns in new forum series with city officials first appeared on 6sqft.
2 World Trade Center Resumes Construction in Financial District, Manhattan
Construction is preparing to restart at 2 World Trade Center, a 55-story supertall office skyscraper in Manhattan's Financial District. Designed by Norman Foster of Foster + Partners and developed by Silverstein Properties, the 1,226-foot-tall structure is the final component of the 16-acre World Trade Center complex and is slated to yield 1. 95 million rentable square feet, with American Express as the anchor tenant.
Foundations Underway at 57 Fourth Avenue in NoHo, Manhattan
Construction is underway at 57 Fouth Avenue, the site of a ten-story residential building in NoHo, Manhattan. Designed by BKSK Architects and developed by Ilyas Abayev under the 101 E 9 Holdings LLC, the 115-foot-tall structure will span 33,086 square feet and yield 15 condominium units with an average scope of 1,731 square feet. The project will also include ground-floor retail space.
Grant Park Completes Construction In Claremont, The Bronx
NYC Parks has completed the $17 million reconstruction of Grant Park in Claremont, The Bronx, converting 15 formerly vacant lots and a decommissioned one-block stretch of Grant Avenue into a unified 4. 7-acre public open space. The project was funded through the Jerome Avenue Rezoning Initiative, with $16.
Permits Filed for 1327 Leland Avenue in Soundview, The Bronx
Permits have been filed for a four-story residential building at 1327 Leland Avenue in Soundview, The Bronx. Located between Westchester Avenue and Cross Bronx Expressway, the lot is near the Parkchester subway station, served by the 6 train. Shimon Neuman of Madison Tower LLC is listed as the owner behind the applications.
New Renderings Revealed For Wrey At 222 Broadway in Financial District, Manhattan
New renderings have been revealed for Wrey, a 31-story office-to-residential conversion at 222 Broadway in Lower Manhattan’s Financial District. Designed by CetraRuddy and developed by TPG Real Estate and GFP Real Estate, the project will transform the structure’s 770,416 square feet into 788 rental apartments and 40,000 square feet of commercial space. The $43.
A colorful converted convent in Hamilton Heights asks $2M
This condo at 463 West 142nd Street begins with the unique details—like double-height ceilings and arched windows—that come with its former life as a church convent. This pre-war frame holds a loft-like interior with thoroughly modern infrastructure. Asking $2,075,000, the colorful space has the advantage of condo convenience, in the heart of historic Hamilton Heights.
A rent freeze or small increase? RGB preliminary vote leaves room for both
It’s not yet clear if New York City’s 2. 4 million rent-stabilized tenants will get a rent freeze this summer. A preliminary vote on Thursday night by the Rent Guidelines Board, a nine-member group that sets rent caps on new leases and renewals, supported both freezes and small increases, including the potential for the first rent freeze on two-year leases.
NJ Transit cuts World Cup train fare to MetLife by 30%
After fierce backlash over its controversial $150 round-trip fare for service to FIFA World Cup matches at MetLife Stadium, NJ Transit has lowered the train tickets to $105. As first reported by The Athletic, the agency reduced fares for the 18-mile trip by 30 percent after securing new sponsorships, CEO Kris Kolluri confirmed Thursday. After [...
Why I moved to NYC from Ohio: I wanted to feed my passion for karaoke, art, and vintage décor
When Ohio-native Dylan Rea was apartment hunting in New York City, he didn’t use an agent. Instead, thanks to “divine intervention” in the form of a friend renting out her apartment, he landed in a luxury building in Murray Hill. His life is packed with friends, art, and shopping for vintage goods.
Housing lottery launches for 20 rent-stabilized units in Downtown Brooklyn
Housing lottery applications are open for 20 rent-stabilized apartments at a new development in Downtown Brooklyn. Households that earn $75,669 to $140,000 are eligible to apply, depending on the number of people you live with. Rents start at $2,063 for a studio.
9 negotiating mistakes to avoid when you're buying in NYC
Buying in New York City can involve a steep learning curve. Even if you are comfortable with brokering deals in your day job, negotiating the purchase of an apartment or house can be unfamiliar. So it's a good idea to familiarize yourself with the best negotiating methods.