The East Village is a neighborhood in downtown Manhattan, bounded by Broadway, 14th Street, Houston Street and the East River. Like many other New York neighborhoods, it is the site of real estate development and gentrification that is reducing its population of artists and nightlife party people and increasing its population of families and upper-middle-class professionals. In the 1950s and 1960s, those artists, musicians, hippies, and students replaced the neighborhood's previous residents, working-class immigrant families. The Bowery, a street in the neighborhood once lined with flophouses has been transformed along with rising real estate prices. Punk music venue CBGB, on the Bowery, closed and was replaced by upscale men's clothing boutique John Varvatos in 2007. Other vanguards of gentrification included the Cooper Square Hotel and Avalon Bowery Place. High-end condominiums, like the curvy Astor Place
tower, have replace some walkup rental buildings. Alphabet City is a subsection of the East Village and derives its name from the single-letter avenues that travel through it: Avenues A, B, C and D.
If Gary Barnett can’t score a big loan at very favorable terms, is there hope for anyone in New York? For the fourth time, Extell...
Gary Rodney, the head of the city’s affordable housing finance agency, will step down in September, city officials said Thursday. Tags: housing development corporation, Mayor Bill...
...to 120 East 11th Street in the East Village (inset: David Lichtenstein)
Preservationists are lamenting the pending demolition of...
...Ikinari Steak in Japan
Think restaurants in the East Village take too long and have too many chairs? Well this...
UPDATED, August 5, 3:27 p.m.: Ice cream, it turns out, doesn’t heal all wounds. Just ask the tenants of 325 East 12th Street, who gathered...
Icon Realty Management has finally filed plans to build a 30-story tower on a Second Avenue development site that the firm has owned for four...
...Target and rendering of 500 East 14th Street in the East Village (inset: Gary Barnett)
Big-box retailer Target inked a deal to...
UPDATED, 4:12 p.m., July 29: Gary Barnett’s Extell Development is close to securing a $600 million senior construction loan for One Manhattan Square, following a struggle that...
...Who owns New York?
4. Extell scores $140M construction loan for East Village project
5. Jordan Roth, son of Vornado CEO, buys condo at...
...Rendering of 500 East 14th Street in the East Village and Gary Barnett
UPDATED: July 26 10.35 a.m.: Gary Barnett’s...
A private preparatory school for gifted children with social learning difficulties has signed a 10-year sublease at the Trump Organization’s 40 Wall Street. The Quad...
There aren’t as many multifamily sales in New York City as there were this time a year ago, but when buildings trade they typically sell for higher prices,...
...The former building at 644-652 East 14th Street in the East Village
Rabsky Group scrapped plans for its first Manhattan project, deciding...
...Jordan Vogel, Aaron Feldman and 200 East 11th Street in the East Village
Jordan Vogel and Aaron Feldman's Benchmark Real Estate Group wants...
...Galil paid $11.2 million for the five-story walk-up in 2014.
6.) In the East Village, Nazarian Property Group picked up a pair of contiguous multifamily...
...York” finale: Closing time
5. Toledano is shopping six of his East Village buildings...
...Kushner, 118 and 120 East 4th Street
The tenant of a rent-stabilized East Village owned by Jared Kushner is facing eviction shortly after she...
...McWeeney), 27 St. Mark's Place and 66 East 7th Street in the East Village
Raphael Toledano’s Brookhill Properties is looking to sell six...
...of six commercial tenants in the 8,200-square-foot building.
2.) In the East Village, the Sabet Group purchased a 22-unit rental building at 92-...
UPDATED: July 6, 10:10 a.m.: Once the seat of New York City’s Democratic machine, the building known as Tammany Hall — that more recently housed...
More than 8,000 units were listed on Airbnb so long last year their operators could buy mints in bulk, according to a new report by...
...Fresh Meadows, Meir Babaev and 103 St. Marks Place in the East Village
1.) The Hudson Pointe at Riverdale Center for Nursing and Rehabilitation...
...put two units under contract at 100 Avenue A in the East Village, attended a fund-raiser for cancer research at Cipriani Wall Street...
...The aftermath of the East Village explosion and “Sopranos” actress Drea de Matteo (photo credit: marcella...
...Group’s move to increase the proposed height at their East Village development site is drawing the ire of locals.
East Village portfolio
Price per foot
The 17-building portfolio sold for $97.5 million, or $376,000 per unit. Extell had purchased the portfolio for $72 million just 18 months earlier.
Harlem and East Village portfolio
Dawnay, Day Group
The London-based financial and property group bought 47 buildings in East Harlem and seven condo units in the East Village for $225 million, 13 times the gross rent roll. The Harlem properties are located between East 100th and East 120th streets, and the portfolio also includes 58 commercial units.
Manhattan’s elite residential brokers aren’t just going after the most expensive listings to stay on top. They’re also recalibrating their business models to include a...
Did you know that Doug Steiner’s just-approved project at 438 East 12th Street is the most expensive East Village condo offering ever? Or that Pinnacle Group’s...
620 East 6th Street in the East Village, Joseph Chetrit and 257 West 34th Street in Chelsea
Last week in the $10 million to $20...
The market for big packages of multifamily buildings may have less sex appeal than the fancy condos adorning Billionaire’s Row, but the sector is going...
Manhattan’s great builders are also its most fearsome destroyers. Tags: chetrit group, demolition, extell development, icon realty management, SL Green Realty, trinity real estate ...
UPDATED: 9:00 p.m., Oct. 14: Airbnb and other short-term rental services straddle a fine line between the so-called ‘sharing economy,’ characterized by collaborative peer relationships,...
Big names. Big projects. Big price tags. Despite being New York City’s smallest borough, Manhattan development has clearly grown to ...
Talk about seller’s remorse. Had the owner of the penthouse at 101 West 87th Street sat tight for just a few months longer, they might...
The suspicion, anger and lack of trust over money can make the atmosphere at 111 Centre Street in Lower Manhattan seem a lot like divorce...
An active year for the Upper Manhattan multi-family market was topped off in November by the acquisition of an 84-building portfolio by Brooklyn-based real estate...
Even as firms consolidate in New York City’s commercial brokerage industry, the subset of Manhattan retail is growing increasingly fractured as more players try to...
They pencil out budgets. They organize repairs. They field complaints about noise in the middle of the night. And many of Manhattan’s managing agents —...
While the Corcoran Group — Manhattan’s second-largest residential brokerage — may have seen its listing count drop in the last year, it led the borough...
Brooklyn has long been a haven for renters looking for cheaper deals than they can get across the river in Manhattan. In the current downturn,...