Back when Cornell's bid to bring a high-tech campus to Roosevelt Island was approved by the City the school said that it'd be holding classes in the city (if not on Roosevelt Island) ASAP. And thanks to a very generous gift from Google, that really will happen. Despite its longstanding ties to Stanford, internet behemoth Google today announced it is giving the school 22,000-square-feet of space on an upper floor of its NYC headquarters, rent free, for the next five-and-a-half years.
Google Gives Cornell Rent-Free NYC Space For 5 Years
Mystery Buyer Paid $90 Million For Unfinished 57th St Apartment
BAM. And the record for the most expensive apartment in New York City has been broken. Again. Just months after the penthouse at 15 CPW sold for $88 million, the Times today reports that a 10,923-square-foot duplex penthouse at the still-under-construction Extell building One57 has sold to a mystery buyer for a whopping $90+ million. Are we feeling poor yet?
Video: ABC Turns The Ansonia Into 666 Park Avenue
Yesterday, ABC announced that it would add a Revenge-like drama to its fall lineup—the New York City-set 666 Park Avenue. Of course, it's about real estate and the devil. Here's the show description:
Have You Seen Any Suburban Homes Nestled In Urban NYC?
A tipster randomly spotted this ranch-style home on Pulaski Street in Bed-Stuy, just off Nostrand, and given that we are somewhat obsessed with suburban looking homes juxtaposed in NYC's urban neighborhoods, we thought we'd share. What is it doing there? According online records, it was built in 2000 and is owned by the Salvation Army, who may run it as an adult care facility.
Cop: Man Posed As Queens Landlord, Stole Money From Potential Renters
According to the NYPD, all the victims called a phone number they got on a flyer, which was posted on a utility pole, and set up appointments to see vacant apartments. After the suspect showed them the apartment, he demanded a deposit to hold the apartment. The victims handed over cash and when they tried to call the suspect to arrange a move, the cell phone was disconnected.
UWS Landlord And His Child Rapist Super Pay $2 Million Fine To Settle Creepy Claims
Two years ago, it was reported that an Upper West Side building superintendent allegedly offered to help female tenants pay their rent in exchange for sex. Residents of three different buildings claimed that William Barnason, who was convicted of rape and molestation of three young girls and classified as a high-level sex offender, would also enter apartments—he had keys to all of them—and demand sex. Now Barnason, as well as landlord Stanley Katz and his son Stephen Katz (who managed the properties) have agreed to pay $2 million to six tenants to settle their claims.
Rent Guidelines Board Approves Increases, Official Vote In June
As expected, the Rent Guidelines Board approved rent increases for rent-stabilized apartments in New York City. The board, in a 5-4 vote, okayed moving forward with 1.75 to 4 percent hikes for one-year leases and between 3.5 to 6.75 percent increases for two-year leases.
NY1's Pat Kiernan Is Moving To Sweet $2 Million Pad In Williamsburg!
We had heard mumblings that NY1 anchor and sometimes Live! With Kelly guest-host, Pat Kiernan, may be moving to Brooklyn, and now Brownstoner has uncovered some public records showing that Kiernan and his family will be making a home in Williamsburg form the UWS. And at just over $2 million, it's reportedly "the highest price ever paid for a single family home in Williamsburg,"
Supreme Court Refuses To Hear UWS $1,000/Month Rent-Stabilization Case
An Upper West Side townhouse-owning couple's attempt to get the Supreme Court to revoke NYC's rent stabilization laws has failed, with the country's highest court declining to hear the case. Which means that James and Jeanne Harmon must keept their rent-stabilized tenant, who pays $1,000/month for a one-bedroom on West 76th Street, even though she's paying another $1,500/month for her Southampton home.
14 Photos Of NYC Apartment Exteriors Throughout The Years
Not too long ago we tapped into our inner voyeur and looked inside Brooklyn apartments circa 1978. Now we're taking a look back at the many faces of the New York City apartment throughout the years, from "the oldest apartment house in New York City" to the Bronx in the 1960s. Click through for a look at the exteriors of apartment buildings from all of the five boroughs. And a little historical fact to go with the visuals: The first New York City tenement was built in 1839, housing mainly poor immigrants. Not too long after that, however, luxury apartments arrived—The Dakota being one of the first, built in 1884.
Rockaways Hipsterfication Report: MGMT Buys A House, Beer Garden Looms
Last summer everybody (i.e. the NYC media) was all Rockaways this Rockaways that. And guess what? This summer we'll be singing the same tune, because the Rockaways are still white hot. So hot that Andrew VanWyngarden, co-founder of popular psychedelic rock band MGMT, just bought a house on Beach 93rd Street for $375,000. "Rockaway Beach is the Hamptons of New York City," realtor Maureen Walsh (who was not involved in VanWyngarden's transaction) coos.
Rich Realtor Arrested For Abusing $400/Month Rent Stabilized Apartment
In 1987, Russian immigrant Nataliya Dyakovskaya moved into a rent-stabilized apartment on the Lower East Side, scoring a dirt-cheap rent-stabilized apartment in the Vladeck Houses. In the years since, she's gone on to live the American dream, using income from her successful real estate company to buy a $700,000 Upper West Side condo, and a house in the Hamptons. And all the while, she held onto that $400-a-month subsidized apartment on the LES, bilking the NYC Housing Authority out of $79,000 over the years, federal prosecutors allege.
Want To Sell Your Home? Don't Cook Anything But Cookies In Your Crib
Hmmm, maybe that person above the East Village IHOP who said the smell of bacon made their apartment unsellable was telling the truth. While everybody knows if you want to sell a home you should bake some cookies, the Washington Post has a very useful story on all the things you shouldn't cook (or even eat) while trying to unload a property. No broccoli? Yup, no broccoli.
Call The Wah-mbulance: Ritzy High Line Residents Hate FDNY's Ambulance Depot
Sure, people complained when St. Vincent's Hospital closed. But now that the Fire Department wants to keep ambulances on a lot at 512 West 23rd Street, residents of fancy High Line condos are upset. One fumed at a community board meeting, "We have nieces and nephews that come to visit, and it was a nice day and they had problems going outside on the terrace because of the fumes."
How Much Would You Pay To Host A Party In Bob Dylan's Old Digs?
Feel guilty about using an Airbnb rental to host a huge rager? Enter Eventup, which is like your new best friend whose parents go away a lot... except this "friend" charges you a bunch of money to hang. The service, which will be running out of New York City by later this month, allows property owners to rent out their vacant spaces to those who need a sweet spot to host an event. Right now you can score Bob Dylan's former digs in Midtown East (for $32,000), Katherine Hepburn's East Side brownstone ($25,000), and the East Village walk-up that Lady Gaga once resided in.
Anybody Want To Buy The Plaza Hotel?
But what will Eloise think?! The iconic Plaza Hotel appears to be for sale again. Eight years after El Ad Properties bought the Central Park anchor for $675 million, reports are swirling that they are about to unload it in an exclusive sale to the Indian Sahara Group conglomerate for a cool $600 million. Sahara will reportedly be paying $400 million for the hotel part of the building and another $200 million for the increasingly successful retail section below.
Anybody Want To Buy The Woolworth Building?
One of the most iconic buildings in New York is kind of on the market. Though nobody is commenting on the record, the Post's reliable Lois Weiss is reporting that the Woolworth Building's owners (Steve Witkoff’s Witkoff Group and Ruby Schron’s Cammeby’s International) are seriously considering offers for both the entire building and one for just the building's vacant tower, which they've been talking about converting to condos for years now.
Russian Plutocrats Can't Say "Nyet" To New York Real Estate
You might have caught Morley Safer on Sunday grumbling about "the Russians" who come into the world's biggest art fair to buy everything up. Safer may be a philistine who looks like Huckleberry Hound, but he was right: Russians can't cram their fortunes into the United States fast enough, particularly when it comes to paying record prices for New York real estate. The billionaire fertilizer tycoon who paid the highest-ever for an apartment for his 22-year-old daughter ($88 million) has spent $188 million on property in the U.S. alone. Why shovel this money into America? Because they don't want to end up writing sweet op/eds for the New York Times from a Russian penal colony.
Huge Hudson Yards Complex Could Be Exempt From NYC Living Wage Bill
The City Council has been working on a living wage bill that would raise the minimum hourly wage to $10-11.50 for companies that receive substantial city subsidies. But now it looks like one of the biggest development projects, the Hudson Yards, may be exempt from the proposal, thanks to mayoral hopeful City Council Speaker Christine Quinn.
Room With A View Of Graves, So Hot Right Now
Apparently when it comes to house-hunters in the city, a neighboring cemetery is the new must-have. After all, it assures you unobstructed views along with a modicum of peace and quiet! As long as the dead don't rise back up, that is. And having grown up in Manhattan next door to a cemetery, we totally understand the appeal. But let's be clear: this isn't actually a new trend at all.
"Feisty," "Whimsical" Developer Melvyn Kaufman Dies At 87
While you may not know the name "Melvyn Kaufman," if you've walked or worked around Midtown or downtown, you probably know some of the buildings he developed—because many make sure they give something back to the public. For instance, at 777 Third Avenue, there's the Big Red Swing by Theodore Ceraldi, which is a big red swing for people to sit on. And on 77 Water Street's roof, there's the model of the World War I biplane that sits on a runway to amuse others. These and many others were the brainchild of Kaufman, who died on March 18 at age 87.
Somewhere, Carrie Bradshaw Is Fainting: Sarah Jessica Parker Might Move To Brooklyn Heights
Sarah Jessica Parker's possible real estate moves are always fodder for gossip, so after rumors about her and her brood moving to the Upper West Side or elsewhere in the West Village, why not Brooklyn next?
Is This The Worst Apartment Rental Story Ever?
While we've been looking at apartments that make us a little jealous, there are plenty of nightmare abodes out there in the boroughs, and this latest one is a doozy. Over at Business Insider a woman writes about a $500/month apartment on Mott Street, between Grand and Hester, that she considered renting a few years ago. Some of the highlights:
Truman Capote's Brooklyn Heights Home Now Belongs To Grand Theft Auto Guy
The Federal style columned veranda that Truman Capote used to sit upon while penning prose now officially belongs to Dan Houser, the co-founder of Rockstar Games (what would Peter Vallone, Jr. say?). The Brooklyn Heights home was on the market until recently, when Houser scooped it up for $12.5 million—the most expensive real estate deal in Brooklyn history, according to the Observer, who likens Houser to Herman Melville and Grand Theft Auto to Moby Dick.
NYC's Most Insane Real Estate Deal: $55/Month Rent-Controlled Apt In SoHo
We've seen $1,000/month rent-stabilized Upper West Side apartments; we know it's possible to get $400/month rent-stabilized apartments if you don't mind living in an SRO; we've even seen $331.76/month four-bedroom Village apartments. But never in our lives have we heard of this: a man pays $55.01/month for a one-bedroom at 5 Spring Street in SoHo. And his neighbor pays $71.23/month for his one-bedroom apartment. And of course, neither will be giving them up anytime soon.
Meow: Anne Hathaway Sinks Her Claws Into DUMBO
Anne Hathaway, the most recent incarnation of Catwoman, has moved to Brooklyn... from Brooklyn! That's right, Ms. Hathaway was living in Prospect Heights last year, but recently moved to a sleepier section of the borough: DUMBO. She and fiancé Adam Shulman have settled into 1 Main Street, and Curbed believes she's in unit 6K, "which seems to fit the bill of what she and Shulman were searching for—a 1BR with room for a home office going for $6,400 a month."
The Inevitable Whole Foods Williamsburg Approaches!
In the time it will take Whole Foods to wrap itself around that landmarked building in Gowanus, the borough of Brooklyn may well already have gotten a Whole Paycheck to call its own. That's right, the Post is reporting that the loved and loathed upscale market is close to signing a deal to anchor another new luxury building in Williamsburg.
Article From 1929 Reveals... Manhattan Penthouses Were Never Cheap
In 1929 a NYC-based writer visited a penthouse for sale in Manhattan after hearing these dwellings were all the rage. Originally he believed penthouses were nothing more than "a little shack on a dingy roof," until visiting one himself.
Brooklyn Fare Will Open Manhattan Location This Summer
The critically-acclaimed—and tough to get into—Brooklyn restaurant-in-a-grocery, Brooklyn Fare, will expand to Manhattan. The Wall Street Journal reports owner Moe Issa "has signed a lease for a space on 39th Street between Ninth and 10th avenues and aims to open by June or July."
Fancy Apartment Rents Are Crazier In Hong Kong, Tokyo, Moscow Than In NYC
The Economist has this chart showing rents for "high-end flats of the type commonly let by expatriates," and guess what, there are three cities that are more expensive than NYC when it comes to a three-bedroom apartment.


