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BY MATTHEW SZULMAN | New York is famously known for its fast-changing landscape, and the newly reinvented Hudson Yards, located in Midtown Manhattan, is no exception. After a few short years of planning and construction, Hudson Yards is up and running. New Yorkers with deep, eight-figure pockets can finally find their dream one-bedroom for a cool […]

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BY GABE HERMAN | Retail vacancies remain an ongoing issue throughout much of the city, including in Downtown Manhattan, in areas like the East Village and West Village, such as along Bleecker St. Now the City Council has passed a bill that will create a database of retail spaces and their vacancy status, and which […]

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BY GABE HERMAN | In an analysis of the city’s most expensive neighborhoods based on median sale prices of homes, done by real estate Web site Property Shark, Lower Manhattan had an even stronger showing than usual in the second quarter of 2019. Tribeca remains the city’s most expensive neighborhood, with a median sale price […]

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BY MARTHA WILKIE | I first experienced Hudson Yards accidentally, while en route to the High Line. I walked past a gleaming glass tower set directly atop the access route to the Lincoln Tunnel — 24-hours-a-day honking. I thought, why would anyone live here? See that sunset on the roof deck? That’s why. Developers compete with […]

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BY GABE HERMAN | After the Boys’ Club of New York put its historic Harriman Clubhouse up for sale last year, there was an outcry from locals and concern that the building would become just more new luxury condos, further gentrifying the East Village. But an anonymous buyer has reportedly come to the rescue, buying […]

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BY LYNN ELLSWORTH | There are many weaknesses to Mayor de Blasio’s trickle-down approach to affordable housing. One is that it abandons direct provision of housing at the low end of the market and ignores the need to make housing permanently affordable. Just as bad, every city initiative related to housing has become a partnership with […]

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BY GABE HERMAN | Lower Manhattan tenants scored a decisive win in a late June Appeals Court decision, which ruled they had the right to rent stabilization, rent refunds and lowered rents, and that landlords receiving 421-G tax breaks could not deregulate apartments. The 421-G tax exemption for landlords passed the state Senate in 1995. It […]

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BY CARY ABRAMS | The Hotel Chelsea, constructed over a roughly two-year period between 1883 and 1884, was founded on the principles of Charles Fourier, a 19th-century French philosopher. Fourier espoused the utopian ideas of creating a cooperative community on the ideals of trust, caring and mutual support among its members. A hotel guest who sat […]

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Republic Bank and its founder, Vernon Hill — and his valued associate Duffy — held a VIP reception at 90 Fifth Ave. on July 10, two days before the grand opening of the bank’s new branch at 14th St. and Fifth Ave. This is Republic’s 28th location in the U.S., and its first in New […]

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BY MARTHA WILKIE | My kid got a lesson in real estate economics the other day. We bought a hot dog from a cart on Fifth Ave. one day, and one from a cart exactly one block east the next. One was $3, the other $1.50. A classic example of “location, location, location.” When it comes […]

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