Real Estate News from November 2012

  • Ice-Skate to Your Heart’s Content at Bryant Park—For Free! By Aby Thomas | November 19, 2012

    It’s beginning to look a lot like the holidays here in New York City: the temperatures are dipping, scarves and pullovers are making their resurgence and holiday markets are popping up all around the city. Adding to the winter delights of the city are the various ice-skating rinks that have opened up all around the city—while the rink at Rockefeller Center is a popular tourist destination, there is also a lot of appeal for the Wollman Rink at Central Park. But New Yorkers have a soft spot for the Citi Pond at Bryant Park—and yes, maybe it has a lot to do with it being free!

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  • Rufus Wainwright’s Cozy Gramercy Studio By Liam Delaney | November 19, 2012

    Rufus Wainwright’s Gramercy studio is small. Only about 450 square feet at most. But he has managed to make it extremely homely. A Finnish rug on the floor depicts two whales circling each other. Mr. Wainwright and his husband, Jörn Weisbrodt who works as the artistic director for the Luminato Festival in Toronto, bought the rug at a furniture store in Amagansett right around the time they got married in August. Part of what they love about it is that it’s “kind of how we feel in this apartment: two whales in an aquarium.” The curtains are drawn on the two oversize windows despite the sunny day; they overlook nothing more than two brick walls.

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  • Our Global Kitchen: AMNH Treats New York to Food Exhibit By Joseph Lee | November 16, 2012

    As New Yorkers gear up for their Thanksgiving Day feasts, the American Museum of Natural History has given them another reason to loosen up their belts. On Saturday, November 17, the “Our Global Kitchen” exhibition will open at the museum. This exhibition, which lasts until August, will explore the complex food systems in today’s modern world and the different roles food plays in our lives. Cooking demonstrations, historical analysis, rare artifacts, and (most importantly) free tastings will be on display at the Museum of Natural History.

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  • The Holiday Season is Here: The Grand Central Holiday Fair is Now Open By Aby Thomas | November 15, 2012

    We’ve all seen the signs—the temperatures have been falling, stores have been upgrading their window displays and party invitations have started making the rounds. Yes, the holiday season is upon us and New York’s Grand Central Terminal is getting in on the action by opening its annual Grand Central Holiday Fair. As the only holiday market in the city that is run indoors, New Yorkers from all over the city are expected to congregate at this historic location over the next few weeks to check out what this fair has to offer.

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  • Hurricane Sandy Uproots Tenants and Businesses in Financial District By Brittany Tenpenny | November 13, 2012

    Superstorm Sandy may be two weeks old, but evidence of her unrelenting wrath continues to haunt most of Manhattan. Tenants have been relocated in the wake of flooding, stores are still without power and the MTA has been forced to adapt to this changing landscape. No one felt Sandy’s wrath more than the fragile Financial District, and many businesses have suspended operations in Wall Street as cleaning efforts begin.

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  • Updating New York’s Townhouses with Modernist Facades By Aby Thomas | November 12, 2012

    For many years, one of the many appeals of living in a New York City townhouse was having a beautiful, classic exterior to boast of as your own. However, times have changed, and the vintage look of these townhouses is now being replaced with something more modern and newer facades, usually made of either glass or metal. Many buildings in Manhattan and Brooklyn have already conformed to this trend, and more seems to be lined up for the future.

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  • Lending a Helping Hand to the Victims of Sandy By Laura Simmons | November 09, 2012

    As New Yorkers are recovering from the massive destruction that Hurricane Sandy has left behind, many are still struggling to get back on their feet. Thousands of New Yorkers are in need of assistance as they are without homes, food and power. For those lucky enough to escape the heavy impacts of the storm, there are many ways to lend a helping hand to the victims of Sandy.

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  • Despite Hurricane Sandy, Manhattan’s Waterfront Will Survive By Angel Jiang | November 08, 2012

    Hurricane Sandy’s effects are, without a doubt, unprecedented for a solid proportion of new buildings completed within the past decade. Likewise, the zones hit hardest by the hurricane coincide with buyers' qualifications for prime Manhattan apartments: downtown and waterfront properties. Zone A, the area that was most prone to flooding, includes waterfront apartments in Tribeca, the Financial District, Battery Park City and East Village--several highly valued neighborhoods in Manhattan. Instead of maintaining the immediate, reactionary, post-storm effect on waterfront real estate, Hurricane Sandy will determine the future of these properties at a political level, in particular, by determining how the city will rezone and rebuild infrastructure.

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  • How Was the MTA Able to Restore Subway Service so Fast? By Liam Delaney | November 07, 2012

    With Hurricane Sandy battering New York and New Jersey this past weekend and power-outages running rampant throughout the tri-state area, many expected subway service to be completely out of commission. This was not the case. By Monday, nearly 80 percent of the New York subway system was up and running. It wasn’t running smoothly — there were still a lot of delays, crowds, and, for people living on lines that were hit particularly hard, long walks or bus rides to operational stations — but compared to the expectations, it’s massively better than anyone could have hoped.

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  • New Yorkers Head Out to Vote for America’s Next President By Aby Thomas | November 06, 2012

    After months of campaigning, bitter debates, jibes and chatter, Americans will finally be going to voting booths around the country to decide if President Barack Obama is going to get a second term, or if his contender Mitt Romney should become the next leader of the United States. It’s been a long, tough battle between the two of them, with both putting out expensive, well-orchestrated campaigns to put them in the White House for the next four years. Like the rest of the country, New Yorkers around the city headed out today to put in their votes for their favorite candidate.

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