Monthly Archives: July 2022

High-End Condo Finally Trades for 30.8% Below Its 2018 Price

Jul 20, 2022 |

As we outlined last month: While not recorded on the MLS, the three-bedroom, three-bath unit #60A at 181 Fremont Street appears to have been purchased for $5,772,672 in May of 2018, based on our review of its deed, as we first outlined a couple of years ago. As we also outlined at the time, the […more]

SFRs Provide Strength & Shelter in an Uncertain Real Estate Market

Jul 20, 2022 |

Watching the real estate market from the outside, you might be led to believe that the good times are at the end of their roll. And while rising interest rates, high prices, and other demanding conditions in the real estate market could reflect that across various sectors of the industry, it hasn’t been true of […more]

Mortgage Application Volume Drops Back Down to a 22-Year Low

Jul 20, 2022 |

Mortgage loan application volumes in the U.S. dropped 6.3 percent on a seasonally adjusted basis last week, with a 7 percent seasonally adjusted drop in purchase mortgage activity, which was down 19 percent on a year-over-year basis, dropping total application volume back to a 22-year low despite an increase in inventory. At the same time, […more]

Rockaway Beach reopens after shark sightings prompted temporary closure

Jul 20, 2022 |

Image courtesy of Lars Plougmann on Flickr New Yorkers trying to escape the heat on Tuesday were disappointed when the city closed all of Rockaway’s beaches to swimming due to a number of shark sightings. A city lifeguard told Gothamist there were at least two reports of shark sightings: a surfer who reported that a shark had collided with […more]

This $7.5M Kips Bay townhouse has a private saltwater lap pool in the backyard

Jul 20, 2022 |

Photo credit: Douglas Elliman The three-unit Kips Bay townhouse at 308 East 30th Street is 21 feet wide and beautifully renovated, from its garden apartment to landscaped rooftop deck with Empire State Building views. But the most unique thing about this home, asking $7,500,000, is definitely the heated outdoor in-ground lap pool on the back patio. The townhouse is configured as […more]

Comedian’s ‘Life After Death’ Brings Comedy and Grief Together at Greenpoint Funeral Home

Jul 20, 2022 |

On the last Saturday of every month, as comedians all over New York City are stepping onto stages to perform their sets, Brooklyn-based comedian Ben Wasserman is stepping to the front of a pastel-painted room in a Greenpoint funeral home to perform his newest show, “Life After Death.” The venue is… Read More > The […more]

Daily Links: Brooklyn Parents, Teachers Sue to Stop NYC School Budget Cuts

Jul 20, 2022 |

In the News New York City Will Get Its Own Heat Wave This Week [NYT] Crew Member Shot Dead on ‘Law & Order’ Set in Greenpoint: Cops [NYP] NYC Parents, Teachers Sue DOE Over Massive School Budget Cuts [NYP] City Kicks Off 30th Annual Restaurant Week at Gage & Tollner [BP] Smith Street Spot Has… […more]

More evidence that bosses want you back to work in the office despite COVID’s endless grip

Jul 20, 2022 |

Work from home is what many employees want. But employers still want you back in the office

550 Madison Avenue’s Landscaped Public Plaza Nears Completion in Midtown East, Manhattan

Jul 20, 2022 |

Work is nearing completion on the new public plaza adjacent to 550 Madison Avenue, a landmarked 37-story commercial skyscraper in Midtown East. Developed by The Olayan Group and RXR Realty, the 684-foot-tall postmodern building is undergoing a 21,000-square-foot indoor-outdoor renovation, which includes a triple-height steel-framed glass canopy designed by Snøhetta and a revamped lobby designed by Gensler. AECOM […more]

RXR Celebrates Completion of One Clinton Park in Downtown New Rochelle

Jul 20, 2022 |

Construction is now complete on One Clinton Park, a 28-story mixed-use tower at 55 Clinton Place in downtown New Rochelle. Designed by PS&S and MdeAS Architects and developed by RXR Realty, the structure yields 352 rental units in one- to three-bedroom floor plans as well as ground-floor retail space. All of the units come with smart home technology, washer […more]