This Week in Comments

TRD New York /
Nov.November 20, 2009 01:26 PM

Vantage accused of tenant violations at Washington Heights building
If the building is as bad as is alleged then why would only five of the 80 tenants file suit? Seems to me that with a building in that neighborhood it wouldn’t be hard to find 40 people who were pissed at the landlord just because the landlord was rich. Five of 80 makes it clear to me that the landlord is doing a great job.

What, if anything, should the city do to help stalled development projects in New York?
1. Do nothing, let prices fall [and] new developers will come in and buy the notes from the banks. Their new basis in the project will be low enough that affordable market-rate housing can be built. More supply is good for everyone.
2. The city should just intervene in cases of emergency and dangerous situation to the public. Vacant construction sites impact neighborhoods. Other than that, let banks deal with it.

Roth-Sporn Group leaves Elliman to start firm targeting foreign buyers
I don’t work there, but I have noticed that whenever a group within the company “brands” itself as a separate group within the company, they wind up leaving. Sounds like the concept needs to be rethought at the management level.

Fogging up the vision machine
It should be noted that 100 11th Avenue has the same problem that the Meier West Street buildings have — they turn their backs quite seriously on their neighbors to the east. While it is perfectly understandable that they take advantage of the river views to the west it is not mutually exclusive to an eastern facade of some sympathy. The Nouvel choice of black is extremely unfortunate for those looking west from an upland position. A permanent black silhouette, a day or night shroud, without interest or merit and hardly animated by the windows that are almost invisible from a distance. For so skillful and sensitive an architect to miss an opportunity to be a generous neighbor is terribly unfortunate.

Scaffolding kills life of UES “living wall”
Not only is it an eyesore, but can you imagine having a retail business under one of these contraptions? I feel for the retailer in a long lease who, when [negotiating] the terms, did not take [into] account their visibility would be obstructed for possibly years at a time. No doubt there is a loss of revenue.

Is now a good time to buy a vacation home in South Florida? Has that market hit bottom?
Already one in four homes in South Florida [is] in foreclosure or late on their payments. Hard to imagine how it would get way worse.

Developer looks up for restaurant design

I think it’s a great idea. For restaurants that rely on reputation rather than street traffic and walk-ins, why not locate on the 11th floor of a 30-story office tower? Getting the city’s onerous zoning and building code regulations to permit this, however, sounds like a nightmare.


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Top developers on their reasons for doubling down in South Florida market

Top developers on their reasons for doubling down in South Florida market

Top developers on their reasons for doubling down in South Florida market
Governor Andrew Cuomo (Getty; Pixabay)

Landlords, tenants react to Cuomo’s latest eviction ban

Landlords, tenants react to Cuomo’s latest eviction ban
Retail bankruptcies are on pace to surpass those filed in 2010, while store closings have already passed those from 2019, according to a report (Getty)

Retail bankruptcies on pace to rival 2010: report

Retail bankruptcies on pace to rival 2010: report
(Getty)

“On the verge of a tragedy:” The stark numbers of a pandemic-hit NYC

“On the verge of a tragedy:” The stark numbers of a pandemic-hit NYC
Highgate’s Mahmood Khimji (left) and Mehdi Khimji (Credit: Kelly Taub/BFA.com)

Colony deal puts Highgate among biggest hotel owners

Colony deal puts Highgate among biggest hotel owners
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...