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In a City Bursting with New Developments, Lower Manhattan’s Surge is a Standout

In a City Bursting with New Developments, Lower Manhattan’s Surge is a Standout

BY LAUREN PRICE  |  Lower Manhattan, in recent decades, has established a strong record of land use conversions. Since 1995, 16 million square feet of office space have changed use, creating nearly 14,000 residential units and 350 hotel rooms. Most of that shift was spurred by the city’s 421-g Tax Incentive Program, which provided a […]

A Chill Is In The Air, But Manhattan, Brooklyn Real Estate Markets Are Hot and Going Strong

A Chill Is In The Air, But Manhattan, Brooklyn Real Estate Markets Are Hot and Going Strong

BY LAUREN PRICE  |  Manhattan real estate remains hot and is increasingly exclusive. That’s the message from Corcoran’s second quarter 2014 report. The average price for resale co-ops, resale condos and new developments increased 20 percent over last year, up to $1.697 million. That number topped the first quarter and sets a new record high […]

From T.R.’s Townhouse to Soaring New Tower, Flatiron is at Crossroads of History and the Hot

From T.R.’s Townhouse to Soaring New Tower, Flatiron is at Crossroads of History and the Hot

BY LAUREN PRICE  |  Given the multiplicity of ways Manhattanites identify their neighborhoods geographically, when some people mention the Flatiron and Madison Square Park neighborhoods, others have in mind sections of Gramercy Park, Chelsea, Murray Hill and Union Square. The Flatiron neighborhood is widely thought of as the blocks bordered by 20th St. and Union […]

Home to Pre-War Elegance and Post-War Exuberance

Home to Pre-War Elegance and Post-War Exuberance

BY LAUREN PRICE  |  The Upper East Side’s Fifth Avenue mansions were once occupied by families named Carnegie, Whitney, Pulitzer, and Vanderbilt. In time, large but swanky apartment houses in the neighborhood bolstered the impression of old money, as did the Ivy-League-type private schools such as Chapin and Dalton. Locals and tourists alike cherish the […]

High Line, Meatpacking District, Chelsea Comprise West Side Stretch of Manhattan’s Fastest Changing Neighborhoods

High Line, Meatpacking District, Chelsea Comprise West Side Stretch of Manhattan’s Fastest Changing Neighborhoods

BY LAUREN PRICE  |  Intertwined neighborhoods stretching from Gansevoort St. to 34th and from Broadway to the Hudson River, the Meatpacking District, the High Line and Chelsea are among Manhattan’s most sought after residential locales. The Meatpacking District runs roughly from Horatio St. west of Eighth Ave. north to W. 16th St. Within that cluster […]

Hell’s Kitchen Savories

Hell’s Kitchen Savories

BY LAUREN PRICE  |  Hell’s Kitchen has always been a closely-knit neighborhood rich in cultural opportunities and Old New York history — and its established roots are still very evident. But while the area of town bounded by W. 37th and 57th Sts. was once dotted with warehouses, parking lots, and walk-ups, for more than […]

What’s Up in Uptown?

What’s Up in Uptown?

BY LAUREN PRICE  |  If the hum of street life, ample parks, and an eclectic array of artistic offerings, restaurants, and small shops make for a compelling urban neighborhood, Harlem certainly fits the bill. With ever-evolving notions of chic and dramatic visuals in its century-old blocks, the neighborhood north of 110th St. from river to […]

Commerce In Gotham, Harlem Style

BUYERS & SELLERS  The face of retail uptown changed forever when Harlem USA came to 125th St. in 2000. Today, Marshall’s, Old Navy, Modell’s, Nine West, the New York Sports Club, Hue-Man Bookstore & Café  — the largest African-American-owned bookstore in the nation — and the Magic Johnson movie theaters can all be found there. […]

The 411 on Affordability

The 411 on Affordability

BY LAUREN PRICE  |  New York City’s affordable housing programs come in a variety of permutations. In general terms, eligibility is based on household income falling between a particular development’s upper and lower limits, a household’s members meeting program guidelines, credit history that meets the developer’s standards and absence of housing, legal or criminal obstacles. […]

Transforming Affordable From a Slogan into a Residence

Transforming Affordable From a Slogan into a Residence

BY LAUREN PRICE  |  “Our city’s biggest challenge is the growing disparity between affordable and market-rate housing,” according to Jonathan Miller, the president and CEO of Miller Samuel Inc., a New York-based real estate appraisal and consulting firm. “Producing affordable housing helps us provide a greater diversity for labor skills needed in New York. And […]