Subject:

Real Estate Sector

  • Blogs

    March 23, 2012

    GOP Uses Stock Act as Excuse to Call Kirsten Gillibrand a Congressional Inside Trader (Again)

    ​Following yesterday's passage in the U.S. Senate of the Federal Stock Act, the New York State Republican Party came out swinging. Per usual, Senator Kirsten Gillibrand -- who voted in favor of the bill -- is the target of the GOP's blows.First and foremost, the Federal Stock Act would make it so ... More >>

  • Blogs

    February 16, 2012

    NYCLU Goes After Brookfield Properties For Zuccotti Eviction

    The birthplace of Occupy Wall Street lives on! And so does the anger surrounding the infamous eviction of protestors back in November. Today, the New York Civil Liberties Union filed a brief with the city's Criminal Court arguing that Brookfield Properties, the owner of Zuccotti Park, had no legal ... More >>

  • Blogs

    February 10, 2012

    BitTorrent-Based Internet Piracy Does Not Hurt U.S. Movie Sales: Study

    As the movie and music industries continue to bemoan internet piracy -- and push for internet-censoring laws like SOPA, PIPA, and the TPP to curb illegal file sharing -- a new academic study has come out that debunks a major belief about piracy and profit loss. In "Reel Piracy: The Effect of Onlin ... More >>

  • Blogs

    January 12, 2012

    Economic Recovery Might Make You More Broke

    The economy is improving in New York, so prepare to feel poorer! Because the real estate market has grown stronger recently, Manhattan rents are expected to balloon from 6 to 12 percent, DNA Info reports. The data, from residential brokerage firm BOND New York , suggest that high rents have return ... More >>

  • Blogs

    December 2, 2011

    Mayor Bloomberg: 'Double the Class Size With a Better Teacher Is a Good Deal for the Students'

    Mayor Bloomberg said yesterday at a conference at MIT that if he had it his way, he'd slash half the teaching staff of city schools. CBS doesn't have a whole lot of context for the quote, but read it and weep: "If I had the ability to just design the system and say ex cathedra this is what we're g ... More >>

  • Blogs

    December 2, 2011

    Bloomberg Takes Flak at Facebook Presser for Comment About Firing Teachers

    ​Mayor Bloomberg, Sen. Chuck Schumer, and Facebook COO Sheryl Sandberg announced today that Facebook is opening an engineering office in New York City. Though Facebook already has 100 employees in New York, this is their first engineering office outside the West Coast. It will open in early 2 ... More >>

  • Blogs

    October 18, 2011

    Mayor Bloomberg Refers to His and Diana Taylor's 'Pillow Talk'

    ​Mike Bloomberg's girlfriend Diana Taylor happens to sit on the board of directors of Brookfield Office Properties, the company that owns Zuccotti Park. This has raised some eyebrows, given Brookfield's tense relationship with the protesters occupying its property and the way the mayor and the ... More >>

  • Blogs

    August 9, 2011

    Real Estate Company Renames Midtown 'MiMa'

    ​New York City real estate agents have given us one more reason to despise them; they're trying to rebrand Midtown West as MiMa, which is short for "The Middle of Manhattan," because the word "Midtown" doesn't make that clear enough. This new name is the work of Related, the company that just ... More >>

  • Blogs

    May 4, 2011

    Dan Garodnick Q&A: The Senate Bill That Would Bail Out Landlords and Gut Court Ruling on Stuy Town Rents

    David ShankboneIn 2009, a landmark state appeals court ruling found that the owners of Stuyvesant Town-Peter Cooper Village had illegally deregulated 4,400 apartments while enjoying special tax breaks from the city. Its impact wasn't quite clear; no one was sure what the legal rents of those apartme ... More >>

  • Blogs

    November 16, 2010

    Cathie Black Gets a Free Pass from Business Pal Mort Zuckerman's Editorial Page

    Cathie Black: What will she bling to the job?By Lily Altavena As backlash to Cathie Black's appointment as chancellor of New York City public schools mounts, the mayor remains mum while others question why he chose someone with such a lack of experience in education. The Daily News' editorial boar ... More >>

  • Blogs

    November 2, 2010

    High Roller Steven Roth Buys Into Some Bad Karma

    ​The Wall Street Journal reported Friday that real-estate mogul Steven Roth recently bought Bernie Madoff's beach house for $9.41 million. That's some negative karma Roth is buying into. But the real-estate mogul is less known for his involvement in another business venture with even worse ju ... More >>

  • Blogs

    August 25, 2010

    Battle of the Buildings: Empire State Building and 15 Penn Plaza Wage War of Artistic Renderings

    ​The empire state of mind is pretty pissy this week. Empire State Building owner Anthony Malkin of Malkin Holdings says that the enormous new building planned for 15 Penn Plaza, two blocks west of his 80-year-old beauty, would mar the view of New York's iconic skyscraper and change the skyline ... More >>

  • Voice Choices

    July 27, 2010

    AMERICAN ODDITY

    Coney Island's not-so-endless summer

  • Blogs

    July 14, 2010

    Real Estate Company Invents New Manhattan Neighborhood

    New Nabe!​You know all those little pockets of alleyways and small streets in New York you typically just appellate "no man's land"? The Manhattan Times reports that we now have a new (presumed) neighborhood in one of those little gray areas to mark an approximately two-block radius section of ... More >>

  • Blogs

    June 2, 2010

    The New Museum Celebrates the Demise of CBGB, Rise of John Varvatos

    ​The conversion of CBGB into a fancy boot emporium is ancient news at this point, and as evil or wrongheaded as John Varvatos has often seemed on the Bowery--a sliver of the old wall, behind glass! Guns N' Roses!--putting CBGB out of its misery in 2006 was a mercy killing. It hadn't been good ... More >>

  • Blogs

    February 19, 2010

    Pedro Espada Jr.: No One's More Loyal -- to Landlords

    By Sara Gates Senate Majority Leader Pedro Espada Jr. defected from the Democrats and then defected from the Republicans during last year's Albany madness, but he'll always be loyal to his landlord pals. Last month, Espada launched a trial balloon for legislation that would ostensibly "freeze rent ... More >>

  • Blogs

    January 10, 2010

    Stuy Town owners miss mortgage payment

    ​The Tishman Speyer/Black Rock Realty partnership which bet $5.4 billion that they could convert Stuyvesant Town and Peter Cooper Village to market rate housing in a booming real estate market that no longer exists moved one step closer to a total loss on Friday when it missed a $16 million mo ... More >>

  • Blogs

    December 21, 2009

    'Tis the Season: Protesters Hit A Queens Mall With Demands For a Living Wage

    As shoppers scurried to snatch up last minute gifts inside the Queens Center Mall, local elected officials and community organizations painted the shopping destination's landlord, Macerich, as the latest Grinch in the ongoing fight for living wages -- just days after the city council rejected a ... More >>

  • News

    December 1, 2009

    Hookers, Slot Machines, Rats: Life at the Bronx's 2320 Aqueduct Ave

    Life is a gamble when your home is a bargaining chip

  • Blogs

    October 30, 2009

    Barrett: Builder Blamed In Firefighter Deaths Is Building Bill Thompson's Wife's Museum

    ​Bovis Lend Lease, the contractor whose admitted failings contributed to the deaths of two firefighters at the Deutsche Bank fire in 2007, is building the $180 million museum and condo project on Fifth Avenue spearheaded by Elsie McCabe, the wife of mayoral candidate and Comptroller Bill Thomp ... More >>

  • Blogs

    October 27, 2009

    Stuy Town Tenants Don't Get a Break on November Rents, Despite Ruling

    After last week's landmark Stuyvesant Town decision -- in which a state appeals court found that the mega-developer Tishman Speyer had misused city tax breaks and illegally converted to market rate thousands of rent-controlled apartments in the historic complex -- one would expect some confusion. Bu ... More >>

  • Blogs

    October 22, 2009

    Tishman Loses Stuy Town Fight; May Have to Pay $200 Million, Default

    When Tishman Speyer Properties took thousands of units in Stuyvesant Town and Peter Cooper Village -- longtime middle-class bastions on the edge of the hyper-gentrified East Village -- out of regulation and raised rents, tenants sued and a court found that the properties could not be deregulated, b ... More >>

  • Blogs

    October 22, 2009

    After Stuy Town Decision, Experts See Real Estate Market "Collapse." Really?

    When a state appeals court decision came down today that private equity-backed realty company Tishman Speyer illegally converted thousands of Stuyvesant Town tenants into luxury units, the company pleaded with the judge that the ruling could be a death blow. Tishman and its partner, the firm Black ... More >>

  • Blogs

    September 10, 2009

    Stuy Town Owners Back in Court to Defend Jacked-Up Rents

    After nearly three years of veritable civil war between two powerful real estate executives and thousands of tenants, the owners of the historic downtown residential complexes, Stuyvesant Town and Peter Cooper Village, will appear in court again today. Landlords Jerry and Rob Speyer, and their part ... More >>

  • Blogs

    July 21, 2009

    Times Notices Closing Stores, Disapproves; Banks, Starbucks to Pick Up Slack

    The New York Times notices a great number of shuttered shopfronts in Manhattan and, after consulting with experts, decides it's because "New Yorkers have drastically cut back" on the things they buy from the stores, such as "expensive shampoo at 24-hour drugstores, cheese plates at sleek wine bars a ... More >>

  • Blogs

    July 8, 2009

    Rents Drop to New Lows, Which Are Still Ridiculously High

    The real estate market crash newspapers believe we should be upset about -- said papers apparently believing we all have a million bucks we'd like to invest in house-flipping schemes -- proceeds apace. Today the Wall Street Journal tells us the whole country is seeing a 22-year-high in vacancy rate ... More >>

  • Blogs

    April 21, 2009

    Free Food Alert: Ice Cream Cones and (Almost Free) Iced Coffee

    Today is Ben & Jerry's free cone day! Here's a list of Ben & Jerry's shops in New York--note that several of the shops in the five boroughs are not participating. Scrooges! Also, Dunkin' Donuts is selling small iced coffees for 50 cents today, 10 percent of which will go to the charity Homes for ... More >>

  • Blogs

    February 13, 2009

    Toll Brothers Pulling a Fast One in Gowanus?

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    December 11, 2008

    O Holy Night! Carolers to Pimp $2.55 Luxury Units

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    November 25, 2008

    What's Behind Mort Zuckerman's Citigroup Crush?

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    November 11, 2008

    Gowanus Project Moves Forward, Builders Suffer Huge Losses

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    November 10, 2008

    WSJ Says Real-Estate Drop Will Lure Businesses, But How Low Can We Go?

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    October 15, 2008

    Debate 3: An Interview with Joe the Plumber

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    September 18, 2008

    Daily Flog: The Dow of panic; stocks and bondage; U.S. snatches gold

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    September 15, 2008

    Sheraton Turns Sheep Meadow Into Office

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    June 2, 2008

    Landlords Flipped 200-Plus Residential Buildings Into 'Hotels': Report

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    January 23, 2008

    J&L Mall Closed, For Real This Time?

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • Blogs

    October 11, 2007

    The Hudson Railyard Bids Are In

    Never trust a landlord, even if you're a powerful community board. Gowanus Lounge has learned that Community Board 6, which had given conditional approval on February 11 to Toll Brothers' condo project on the Gowanus, thinks they've been swindled. Toll Brothers received the approval on the condition ... More >>

  • News

    July 18, 2006

    Yankee Lobbyists on Taxpayers' Tab

    Circling the bases: Documents reveal city paid the team's lobbyists and execs—for lobbying city and state officials

  • Art

    January 6, 2004

    The Real Estate Job Shuffle

    Lost your job in finance? No problem. For a small investment of time and money, you can be on your way to making a living in real estate.

  • News

    April 2, 2002

    What Becomes a Legend Most?

    Selling King's Papers; Reclaiming Malcolm X's

  • News

    August 28, 2001

    His Lips Were Sealed

    Thompson Failed to Warn Council of Board of Ed Overruns

  • News

    March 6, 2001

    Trust Fund Trussed?

    World Trade Center Lease Deal Could Slash Housing Revenue

  • News

    February 13, 2001

    Green Leads in Real Estate Green

    But in Mayor’s Race, the Industry Hasn’t Picked a Horse Yet

  • News

    January 25, 2000

    Campaign Cash

    Vallone Leads Pack in Real Estate Dollars

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