Real Estate News from May 2012

  • The New York Apartments of Great Literary Figures By Gabrielle Hughes | May 31, 2012

    New York is undoubtedly a city of inspiration, so it comes without surprise that the majority of modern American writers produced their most famous works while living in the confines of a Manhattan apartment. During the 20th century, novelists were found in every New York City neighborhood, and like many residents today, these writers found it hard to stay in one place for too long.

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  • Battery Park City Parents Clash Over School Seating By Olivier Fitzgerald | May 31, 2012

    The saga of Lower Manhattan’s scholastic overcrowding issue has finally come to an end. Battery Park City elementary P.S. 276 has opened its doors to this fall’s incoming kindergarten class after months of heated deliberation. Pre-kindergarten four year olds were being turned away from their district’s coveted P.S. 276 due to the preexisting four sections being filled to capacity. Desperate to reverse the decision, parents and school officials sought assistance from the Department of Education to help resolve the crisis. 

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  • Bloomberg Proudly Announces the Makeover of Governors Island By Stephanie Spencer | May 30, 2012

    Mayor Michael Bloomberg and fellow officials were proud to announce on Thursday that the city will begin a new construction initiative on Governors Island, a former military base in New York Harbor, that will bring exhibits and other amenities to complement the area’s history and be a wonderful addition to Manhattan’s ever-evolving architectural heritage. Governors Island has been serving as an active destination for Manhattan apartment residents since it was given to the city two years ago by the federal government.

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  • Harlem Wants to Honor Their Buildings By Making Them Landmarks By Stephanie Spencer | May 29, 2012

    Enveloped in rich history and classic architecture, Harlem has recently caught the eye of Manhattan residents who see the area as steadily improving. Shut down factories and old public schools have been quickly converted to lofts and condominiums, turning Harlem into a more family oriented neighborhood than before. While this positive attention has financially benefited Harlem, locals don’t want anyone to forget about the landmarks that have uniquely characterized the neighborhood. Community Board 10 has submitted a plan to help “preserve the integrity and history of Harlem by increasing its landmark designations.” Betty Dubuisson, CB 10 Landmarks Chair, told NY1 that they strive to enlighten those to the significant history in Harlem, giving 100-year-old buildings the attention they deserve. "We are very under-represented when it comes to landmark and historic districts,” said Dubuisson. “Harlem, by comparison, we are at 3.6 percent of our buildings are historically landmarked, whereas Manhattan in general is 10.6 percent and the Upper West Side is 26 percent.”

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  • The Best Neighborhoods for Retirees in Manhattan By Stephanie Spencer | May 29, 2012

    Accustomed to the fast paced energy that consumes all aspects of Manhattan living, it’s always difficult to remember to slow down and take everything in. Businessmen hurry to work in their pressed suits, while children maneuver the streets like professionals to get to school on time, all the while overlooking the cultural gems that brought them to Manhattan in the first place. No one simply has time to allow the city to envelope them anymore in a way that would allow them to sit back and admire. However, look underneath the zipping energy, and you’d find New York retirees who have earned their rest, who have earned the right to walk briskly down the streets without concerns, and who have settled in the neighborhoods that will give them the accessibility to explore. So while it is no secret that Manhattan offers young apartment residents immediate action, more and more retirees are looking for a place to hang their hats for the golden years with amenities that will include hospitals, restaurants, cafes, theaters, and music.

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  • Chelsea Residents Upset About Tourist Congestion Near The High Line By Stephanie Spencer | May 25, 2012

    Since the first section of The High Line Park was constructed in June of 2009, local apartment residents of the West Chelsea area have found it difficult tolerating the number of tourists cluttering the streets on a daily basis. The park, built upon a freight train line, has caused regular activities such as grocery shopping and bike riding to be disrupted by tourists photographing the park and walking the streets. Tourists have caused such a scuffle, in fact, that angry flyers have been posted throughout the Chelsea area urging tourists to “act accordingly--in the way that your morals or religion or general human consideration would dictate.” The rant continues by saying that “West Chelsea is not Times Square. It is not a tourist attraction,” bringing to light the tense relationship between New Yorkers and New York City tourists. 

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  • Best Neighborhoods for Singles in Manhattan By Stephanie Spencer | May 24, 2012

    It’s no secret that Manhattan is constantly buzzing with energy, hence the nickname The City That Never Sleeps. Our island is so diverse you could walk along a street with dingy dive bars one moment, and suddenly pass luxury condos the next. The variety of cultures living in such close proximity has made Manhattan a popular place to live among the young and single. It’s the perfect city to socialize day or night, spend a leisurely Sunday evening strolling through the park, and get dressed up to meet friends at a night club. But where are the best neighborhoods for young singles to move to without having to drain all their money?

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  • Fleet Week Returns to the City By Gabrielle Hughes | May 23, 2012

    The streets of Manhattan are set to be flooded with uniformed servicemen for the next week, as Fleet Week has arrived once again. The yearly tradition kicks off today, bringing in recently deployed military ships to docks throughout New York City. Fleet Week’s events provide families and individuals the opportunity to tour ships of the U.S. Armed Forces, visit military displays, and observe strength demonstrations between groups of visiting servicemen.

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  • Houston Street Construction Continues to Disrupt the Lower East Side By Stephanie Spencer | May 22, 2012

    Mangled sidewalks, missing crosswalks, and closed lanes have resulted in a nightmarish commute for Houston Street pedestrians as heavy construction continues to disrupt the daily routines of residents and shop owners. The construction, a $60 million project that is part of the Houston Street Corridor Reconstruction project, was implemented in the fall of 2010 as a way to rebuild sidewalks and curbs, repair the sewer mains, and replace traffic signals. The project was supposed to conclude in the spring of 2013, however, it has been extended to the summer of 2014, angering Lower Manhattan and East Village apartment residents who believed they weren’t going to have to deal with the inconveniences much longer.

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  • Free Concerts Make Their Return to Lower Manhattan By Gabrielle Hughes | May 09, 2012

    New York City's popular River to River Festival is gearing up for its 11th season, bringing in free music and arts events to the neighborhoods of Manhattan.  The festivities begin on June 17 with the Bang on a Can Marathon, a 12-hour concert at the Financial District's World Financial Center.

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