New Airbnb rules come into effect for New York City: what to know
Thousands of Airbnb listings have already been taken down in anticipation of the regulations coming into effect this week. Here’s what to know about the new rules.
Continue reading →Téa Kvetenadze
Future uncertain for shuttered East Harlem church as it goes on the market
The Church of Holy Rosary at 442 East 119th Street — near the Harlem River — and the rectory beside it went on the market in July. The church dates as far back as 1884, though city records indicate it was built in 1900. It is unclear if the building wi…
Continue reading →Long-planned NYC film and TV studio along the Hudson at Pier 94 gains backers, pushes forward
“Sunset Pier 94 Studios” is the first public-private partnership to purpose-build a studio in Manhattan. It is scheduled to break ground in the third quarter of the year and be completed by the end of 2025.
Continue reading →Council committees approve five-year operating permit for MSG, leaving Garden “disappointed”
The vote — which was delayed by the subcommittee for several hours — is the latest step in the Garden’s lumbering land use review process, which MSG must undergo in order to host more than 2,500 spectators. Monday’s decision clears the way for a full v…
Continue reading →Manhattan’s historic Gramercy Park Hotel has new operator, sets reopening date of 2025; Babe Ruth and David Bowie among famous guests
The nearly century-old establishment gained a reputation as a rock-and-roll hotspot in the late 20th century, but shut its doors at the outset of the pandemic in March 2020. The hotel’s new operator plans an “extensive renovation” to revitalize the lob…
Continue reading →NYC planners OK 970-unit affordable housing project in Bronx — but some ask: What is affordable?
The project in the Bronx’s Crotona Park East neighborhood now goes to the City Council for final approval. The proposal spreads 970 affordable apartments among three 24-story buildings, and also includes more than 20,000 square feet of commercial space.
Continue reading →A new bill would stop NYC landlords from pushing the cost of brokers onto tenants. Will it pass? Will it lead to higher rents?
The bill would require whichever party hires a broker, tenant or landlord, to pay them. Under the current system tenants pay the one-time broker fees when they move into a new rental even if they were hired by a building’s landlord or management compan…
Continue reading →Adams announces steps to ease Midtown office conversions to housing in NYC
Mayor Adams, who announced new regulations Thursday, says conversions of offices to residences could produce some 20,000 new housing units for 40,000 New Yorkers. Manhattan skyscrapers have been experiencing record vacancies since the pandemic due to f…
Continue reading →Two Danny Meyer restaurants closing as hotel where they’re located houses migrants
Two Danny Meyer Italian restaurants that are closing are on the lobby floor of The Redbury, a historic hotel that began hosting asylum seekers at the start of the month amid a crisis that Mayor Eric Adams said has pushed the city’s existing resources b…
Continue reading →New construction in Manhattan weakest in more than a decade after key tax break expires: report
The report from the Real Estate Board of New York on construction comes a week after Manhattan Borough President Mark Levine described a “crisis” because no new residential buildings or units were approved in Manhattan during the entire month of July.
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