Yoko Ono, pictured here in 2011, has sold the SoHo loft where she and John Lennon lived for 2 years after The Beatles broke up. ( Earl McGehee - www.ejmnet.com / Wikimedia Commons) Yoko Ono Sells Former Loft in SoHo for $5.5 Million to Mysterious Japanese Firm Yoko Ono and her son, Sean Ono Lennon, have sold the SoHo loft building Ono once lived in with John Lennon for $5.5 million... News 11 Oct 2024 | 06:37
The Fifth Avenue Hotel at Fifth Avenue and 28th Street is housed in a building originally constructed for a bank in 1907. An adjoining 23-story tower was constructed for the site’s transformation into a hotel. ( Photo by Transpoman (Licensed under CC BY 4.0) Threat of Foreclosure Looms Over the Fifth Avenue Hotel Foreclosure proceedings have been initiated against the owners of Fifth Avenue Hotel, just 10 months after its grand opening,... News 20 Aug 2024 | 04:00
One possible version of a new Penn Station ( Photo: ReThinkNYC) Building a New Penn Station? It might happen someday. ReThinkNYC offers its visions today It has been a year since Gov. Kathy Hochul promised to “entertain all concepts” for rebuilding Penn Station. Since that time... News 06 Jun 2024 | 03:47
A view of the skyline of lower Manhattan where rental prices appear to be softening in advance of congestion pricing going into effect later this year. Photo: Wikimedia Commons Is Congestion Pricing Prompting New Renters to Look Outside Zone? The rental landscape in Manhattan took a slight dip in February, fueled by dips in many downtown neighborhoods, even while... News 29 Mar 2024 | 02:10
The Royalton Hotel slipped out of LuxUrban’s hands after a previously announced deal was never finalized. ( Source: Google Satellite) Hotel Chain with NYC Leases Shakes Up Leadership as Lawsuits and Fines Mount LuxUrban Hotels, an “asset-light” Miami-based hotel chain that leases buildings instead of buying them, is struggling to... News 18 Mar 2024 | 04:14
The crumbling façade of West Side Presbyterian Church has necessitated scaffolding sheds to be placed around the building for years. The few people left in the congregation say repairs are beyond their ability to pay and want to sell the landmarked 160-year-old church. Photo: nylandmarks.org The Center for Park West raised $323K from a Two-Night Benefit But Will It Be Enough? The Center for Park West drew a crowd of 700 people to two celebrity heavy entertainment events that raised over $323,000... News 01 Dec 2023 | 06:20
The former site of the St. Benedict the Moor Church, 338-342 W. 53rd St., has a 1965 rectory and an 1869 church. The rectory will be replaced by a seven-story apartment building, while the church will be renovated. ( Photo: Chia-Tien Nicole Chen) New Apts to Rise Next to Chelsea Site that was First Black Catholic Church in NYC The new owner of several adjacent lots on West 53rd Street has filed plans to build a residential building on the grounds... News 10 Nov 2023 | 04:03
The Hotel Pennsylvania at its opening in 1919 was an archictectural standout. Now all that is left standing are some steel struts and rubble from the demolished gem. The owner, Vornado Realty Trust, cancelled plans for a redevelopment so the sprawling eyesore is likely to be in place for years. Photo: Layla Law-Gisiko. Ode to the Hotel Pennsylvania The Hotel Pennsylvania is no longer. What is left is a pile of rubble, ruins, untidy, heaped like a carcass, a battlefield.... News 08 Oct 2023 | 12:52
Columbus Natural Food is closing down after 28 years of business. ( Photo: Nicholas Liu) Beloved UWS Food Store Closes after New Owner Buys Bldg for $68 Million After nearly thirty years of life, Columbus Natural Food on 95th Street and Columbus Avenue shut its doors on Sept. 27 amid... News 06 Oct 2023 | 04:00
Donald Trump said he is being unfairly targeted by New York State Attorney General Letitia James in the business fraud trial that began on Oct. 2 and could last until December. Photo: Michael Vadon/Wikimedia Commons Trump at Opening of Fraud Trial Denounces It As a “Scam;” Trial Could Last Until December (AP)–The fraud lawsuit that could cost former President Donald Trump control of some of his most prized properties went... News 03 Oct 2023 | 12:45
The city is powerless to seize the property at 131 W. 70th St even though the landlord owes more than $250,000 on the abandoned building. Photo: Ethan Geringer-Sameth City Powerless to Seize Buildings from Landlords Who Fail to Pay Property Tax Bills Due to COVID Era Law A policy change meant to save low-income homeowners from losing their homes during the worst days of the pandemic has tied... News 29 Sep 2023 | 02:33
263 West 34th Street, which was just taken over by Marathon Asset Management for $16.5 mil at a September 20 foreclosure auction. ( Photo via Google Maps ) Office Building Forecloses at Penn Station for 25 Percent of Its Development Price The office market in Manhattan remains battered, with the latest evidence being the foreclosure of a W. 34th St. office building... News 27 Sep 2023 | 03:05
The Central Park West historic district lost the greatest number of multi-family buildings compared to other districts. Photo: Ben Fractenberg/THE CITY NYC Lost 100K Homes in Apartment-to-House Conversions It’s a New York dream to combine your place with the one next door to make a spacious home. But it comes at a price: over... News 30 Aug 2023 | 05:55
Giuliani’s Co-Op in a landmarked building at 45 E.66th St. went on the block in late July from Sotheby’s seeking $6.5 million. Photo: Beau Matic Giuliani’s UES Co-Op Listed For $6.5 Million Could Take Up to a Year to Sell Rudy Giuliani, who put his Upper East Side co-op on the market laate last month for $6.5 million amid mounting legal woes,... News 18 Aug 2023 | 04:30
The Murray Hill Tower Apartments on E. 40th Street. Median rents in the borough hit another record high of $4,000 in July, according to a new analysis by the companies Douglas Elliman and Miller Samuel. ( Photo via Murray Hill Tower Apartments ) Manhattan Rents Continue to Soar to Record Highs, While New Lease Signings Fall Median rents in Manhattan have increased by six percent annually and reached an astounding $4,400 as of July 2023, according... News 14 Aug 2023 | 07:03
