Hackers stole the personal information of 1,547,169 clients of Michigan-based Flagstar Bank in December, according to a document sent by the financial institution to the Office of the Maine Attorney General. The cyberattack occurred on Dec. 3 and Dec. 4, 2021, but the company discovered it on June 2, 2022, the document shows. The external […more]
Photo by Avi Werde on Unsplash More than two million New Yorkers who live in rent-stabilized apartments could see their rent increase by the largest percentage in a decade. The Rent Guidelines Board on Tuesday voted to approve a 3.25 percent increase for one-year leases and 5 percent for two-year leases that start on or after […more]
As we outlined and suggested earlier this year: The refined plans for a 14-story tower with a variegated upper mass to rise upon the Polk Gulch parcel at 925 O’Farrell Street could be entitled next week. Having added an additional 10 feet in height since formally proposed, the 140-foot-tall tower on the through block lot […more]
A long-awaited second entrance for the deep and cavernous York Street subway station on the F line in Dumbo would cost nearly half a billion dollars to build, according to the MTA. The eye-watering price tag to construct a full new entry and exit to the station would be between $420… Read More > The […more]
Reduced competition, fewer sales and even some price drops by sellers are all indications that buyers and homeowners are reacting to higher mortgage rates, high prices and high inflation. Three reports from Redfin real estate brokerage demonstrate the cool-down in the national housing market. May, traditionally one of the busiest months for home sales, saw […more]
Image courtesy of Douglas Elliman Realty In 2017, 6sqft featured this charming Village townhouse at 118 West 12th Street, owned by Mitchell Lichtenstein, the son of famous pop artist Roy Lichtenstein, then listed for $25,000,000. A stunning balance between a historic 1840s home and a perfectly-curated modern art mansion made it a rare residence as unique […more]
Michigan Avenue agent Janet Owen was quoted in Crain’s about the thriving luxury market in the Chicagoland area. Janet has observed buyer eagerness for upper echelon homes. To read the entire article, please click here.
Confirming a preliminary vote in May, the New York City Rent Guideline Board voted Tuesday to approve a range of increases in rent-stabilized buildings affecting more than 2 million tenants across the city. Renters with one-year leases can expect a 3.25% jump in their rents, while those with two-year leases will… Read More > The […more]
In the News The Black Oysterman Taking Half Shells From the Bar to the Block [NYT] Four EMTs Hospitalized After Two FDNY Ambulances Collide in Park Slope [NYP] Is That Bridge Really Falling Down? [The City] First Responders Ready to Work as Lifeguards, But City Says No [The City] BPL Honors Jon Batiste, Other Notables… […more]
Excavation has begun for The Brook, a 51-story residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff and Apollo Global Management, the 600-foot-tall structure will yield 597,824 square feet and 591 units, with 30 percent reserved for affordable housing, as well as 30,000 square feet of retail space and […more]