Interest rate question looms over recovery 11/04/09 Mortgage interest rates are expected to remain steady following the Federal Reserve Open Markets Committee meeting today, but there is a growing concern among policymakers about...
Residential deals 10/28/09 Manhattan
East Village
$499,000
55 Avenue C
3-bedroom, 1-bath, 650 sf co-op in a prewar, walk-up building; unit has high ceilings, hardwood floors, windows in every room; b...
Residential deals 09/30/09 ManhattanChelsea
$833,000
356 West 23rd Street
2-bathroom, 1,000 sf loft co-op unit in pre-war building; unit has wood-burning fireplace, terrace, washer/dryer, garden view; ...
Opening: Katsu-hama 55, Question Mark Cafe 09/01/09
Luxury cashmere purveyor Brunello Cucinelli will soon open a new Manhattan location at 683 Madison Avenue between 62nd and 63rd streets, according to a press r...
Openings and closings: Organic Avenue opens, Ali Kat closes 08/26/09 From left: Organic Avenue opens, Ali Kat closes (Right photo source: PropertyShark.com)Skater havens Quicksilver and Autumn launched a pop-up shop at 201 Mulberry Street between...
New York office rents out-tumble the U.S.'s 08/24/09 Call it the Icarus Effect: Flying higher than anybody sends you crashing back to Earth. That rule seems to apply to Manhattan’s office rents, which are declining more sharply th...
Openings and closings: Kolache opens, Top Tomato closes 08/18/09 From left: Kolache opening, Top Tomato closingKolache Mama is reportedly opening two locations this fall, one in the Roosevelt Hotel at 70 Vanderbilt Avenue between 45th and 46t...
Openings and closings: Swarovski opens, Wicked Wolf closes 08/10/09 From left: Swarovski opening, Wicked Wolf closingGrimaldi's pizzeria will open its first New York location at 135 John
Street on the corner of Water Street, according to a pres...
Openings and closings: Berry Park opening, Olivo's closing 07/29/09 Berry Park, left, is opening, while Olivo's is closing.
Housing Works will move from 72 Warren Street to a larger space at 119 Chambers Street. A new children's apparel
boutiq...
Hunter College helps out Muss condo-to-rental conversion 07/13/09 Muss Development has converted its luxury condominium project in East Harlem called 119th and Third to a rental, with discounts for Hunter College students and faculty. In mid-M...
Developers bracing for bankruptcy 07/01/09 In 2006, a young Brooklyn developer envisioned selling 130 units in a building he was about to construct, called the Viridian, in the emerging Brooklyn neighborhood of Greenpoin...
Manhattan commercial vacancy rate hits 13-year high 06/08/09 Source: Colliers ABRWhile commercial leasing activity has picked up in the past few months,
according to Colliers ABR's Manhattan May office report (see report on jump), the c...