DOWNTOWN BROOKLYN — Real estate owner, operator and developer RXR recently celebrated the topping out of 89 DeKalb — a 30-story, 324-unit all-electric residential tower that is slated to provide affordable, market-rate housing, in addition to 55,000 square feet of academic space for Long Island University. The development’s 324 units will include 98 designated for middle-income households, an example of
Every spring, New York City goes through its Rent Guidelines Board (RGB) process, which sets rent adjustments for one and two-year stabilized leases. It’s a deliberation with a significant impact on tenants, but it also immediately affects the owners of these stabilized apartments and buildings. Just as tenant experiences are varied, so are those of owners. While owners share commonalities,
DOWNTOWN BROOKLYN — Real estate owner, operator and developer RXR recently celebrated the topping out of 89 DeKalb — a 30-story, 324-unit all-electric residential tower that is slated to provide affordable, market-rate housing, in addition to 55,000 square feet of academic space for Long Island University. The development’s 324 units will include 98 designated for middle-income households, an example of
Every spring, New York City goes through its Rent Guidelines Board (RGB) process, which sets rent adjustments for one and two-year stabilized leases. It’s a deliberation with a significant impact on tenants, but it also immediately affects the owners of these stabilized apartments and buildings. Just as tenant experiences are varied, so are those of owners. While owners share commonalities,
DOWNTOWN BROOKLYN — Real estate owner, operator and developer RXR recently celebrated the topping out of 89 DeKalb — a 30-story, all-electric residential tower that is slated to provide affordable, market-rate housing, in addition to 55,000 square feet of academic space for Long Island University. The development’s 324 units will include 98 designated for middle-income households, exemplifying RXR’s attempt to
DOWNTOWN — Work begins Thursday on an $8 million streetscape upgrade to the busy Fulton Mall shopping strip. The Fulton Mall Streetscape Improvement Project aims to make Downtown’s Fulton Street — Brooklyn’s largest economic hub — greener and more pedestrian-friendly. Downtown Brooklyn Partnership, NYC Parks Department and the city’s Department of Transportation have been working together on the project. Funding
For years, people have been looking at the possibility of a development over the New York and Atlantic freight railroad tracks in Borough Park or Bensonhurst — the same rail route that is slated to carry the planned Interborough Express light-rail line. Now, on Aug. 7, the City Planning Commission will be reviewing an application by Brooklyn Yards Development for
The headquarters of the historic Thomas Jefferson Democratic Club in Canarsie is up for sale for $1.5 million, according to Crain’s. Although the building at 77 Conklin Ave. looks like a large private house, it’s been the political home of some of the most influential figures in the history of the Brooklyn Democratic Party, linking the clubhouse politics era of
A public hearing at Borough Hall on Tuesday, sponsored by the Borough President’s Office, is sure to see sparks fly as an old controversy involving the Brooklyn Botanic Garden and developer Continuum Company surfaces again. Continuum, headed by Bruce Eichner, wants to build a 14-story residential building at 962-972 Franklin Ave., a stone’s throw from the BBG. To do so,
BROOKLYN HEIGHTS — A construction fence surrounding a dilapidated building with a long history of violations in Brooklyn Heights blew down in Monday night’s heavy wind, scattering lumber and building materials across the sidewalk at the intersection of Clark Street and Monroe Place. Firefighters responded to 100 Clark St., also known as 1 Monroe Place, at roughly 10:27 p.m. following
Conservationists are now scrambling to find a patron who can cover the high cost they estimate it will take to move and remount it.
The Historic Districts Council celebrated the work of grassroots preservationists from around the city on Tuesday at an outdoor ceremony and party at Saint Mark’s Church in-the-Bowery in Manhattan. Honored
It’s a familiar and agonizing experience for legions of New York City renters: Before moving into a new apartment, a tenant must first shell out thousands of dollars in fees
WILLIAMSBURG — The New York City real estate community gathered with Brooklyn-based, family-owned real estate development firm Two Trees Management on Wednesday for an incredible evening celebrating the opening of
DUMBO — The NYC Parks Department revealed Monday that pickleball company CityPickle has turned in the winning proposal for a temporary sports/recreational concession at Anchorage Plaza, a long-neglected but spectacularly
FORT GREENE — The battle rages on — in song. In the most recent installment of the Mount Prospect Park “Skate Garden” saga — involving an $11 million skateboard facility