JPMorgan donates Bronx building for the arts, pushcarts bid $175,000 for licenses near Central Park … and more

Sign Up for the undefined Newsletter

1. JPMorgan donates a two-story Bronx building on East Tremont Avenue valued at $850,000 to the Bronx Council on the Arts

2. The 11,100-square-foot former site of Fortunoff on 57th Street off Fifth Avenue hits the market [Crain’s]
3. There’s finally some activity in the retail real estate market in Herald Square

4. Despite locals’ noise concerns, an Inwood wine bar and beer garden at 4957 Broadway nets liquor license

5. Ft. Greene Tire shop shut down by the city for lack of proper Certificate of Authenticity gets support from local council member

6. City Council approves three bills aimed at making buildings’ roofs greener

7. CIM Group received a $30M mortgage from Pacific Northwest Bank on the Drake Hotel Site at 57th Street and Park Avenue

8. The bid for a pushcart license at East 60th Street and Fifth Avenue was $176,925 per year

9. Studios at the zig-zagged Mercedes House at 11th Avenue near 53rd Street will start at $2,200 per month

10. International Monetary Fund criticizes the U.S. for the tax deduction it offers for mortgage interest