Real Estate News from August 2013

  • Tagged Out: Demolition of 5Pointz “Graffiti Mecca” Almost Certain By Tim Sheehan | August 30, 2013

    The City Planning Commission (CPC) all but sealed the fate of Long Island City’s 5Pointz when they voted unanimously to approve a zoning change that will allow the site owners to develop two residential high-rises on top of the site that is often called the world’s “graffiti Mecca.” All that stands in the way now is City Council approval.

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  • App Wars: The Intensifying Rivalry in Real Estate Technology By Bryan Gamble | August 29, 2013

    The welcome recovery in the real estate market has come partially from the innovations of entrepreneurs in taking new approaches to reality that focus on the power of the internet and mobile apps. From this new online approach, an intense rivalry has emerged between real estate sites and apps that help buyers and sellers alike become more knowledgeable of a property in question.

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  • From Toys to Towers: LEGOs and Modernist Architecture in New York City By Bryan Gamble | August 28, 2013

    Since its beginnings in 1949, LEGO has been inspiring children and adults alike to construct elaborate, creative and colorful toy structures toy brick by toy brick. Recently, however, LEGO has released LEGO Architecture Studio, which features over a thousand monochromatic pieces that encourages creations which reflect real world architecture.

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  • 50 West Street Financing Signals Improved Construction Market By Tim Sheehan | August 28, 2013

    Image Courtesy of DBOX for CIM Group & Macklowe Properties

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  • Cast Iron or Cast Out? Expanding the Tribeca Historic District By Peter Black | August 27, 2013

    The Tribeca landmarking debate has been raging for over two decades. Preservationists and conservationists want to preserve and conserve Tribeca’s uniqueness. As they should; Tribeca is home to some of the country’s oldest and most beautiful cast iron architecture. In 1988, the New York City Landmark Preservation Committee separated Tribeca into four adjacent—but distinct—historic districts. These areas have been protected by landmarking regulation ever since.

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  • Namaste New York! By Shwetha Ravishankar | August 27, 2013

    New York has long been a melting pot of people, culture, and cuisines, from across the globe; that makes for a warm welcome, whether you are from Bangalore or Berlin! I am from Bangalore, and in the 2 years I have been in the city, I have met and mingled with people from almost every corner of the world.

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  • The Greening of New York City By Clemence Fontaine | August 26, 2013

    The wake up call started in 2007 when Mayor Bloomberg set a goal to reduce the city’s greenhouse gas emissions 30 percent by 2030. It launched PlaNYC, a project that brings together over 25 city agencies to work toward a greener and greater New York. 

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  • Celebrity Manhattan Real Estate Transactions: Summer 2013 Edition By Tim Sheehan | August 26, 2013

    It's no secret that New York City has always been home to countless celebrities. And why not? John Lennon once said, "If I'd lived in Roman times, I'd have lived in Rome." Here's a recap of what's celebs have been up to in modern-day Rome, aka New York City.

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  • Are you a True New Yorker? Here’s How We Can Tell... By Shwetha Ravishankar | August 23, 2013

    Unarguably, New York is one of the best cities to live in. People from all walks of life, from every corner of the planet, arrive to live their dream, and make this city home. That said, this city is not just anyone’s cup-of-tea. If you have lived the suburban life for the most part, cramped spaces, crowded streets, packed subways, and impatient locals; may not appeal to you. So, maybe just a visit to A,B,C touristy spots, and you can brag you have seen it all in NYC.

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  • Buskers of the Big Apple By Shwetha Ravishankar | August 22, 2013

    Music & musicians, art & artists, have always been the very essence of New York’s streets. The street performance trend was seen to have surfaced even before the 1920’s, which defined the city’s dynamics even back then.

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