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Category Archives: Real Estate



Category archives show the most recent post first. To read the oldest post first scroll down and follow the "Older posts" link to the oldest page in the category.

The Funny Store in Times Square Closes Up Shop: Fake Poo and Vomit Stocks Plummet

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting! For the past 50 years if you were in a bind and needed some fake dog poo, fake vomit, a whoopee cushion or a hand buzzer you could take a quick jaunt to Times Square and pick up […]

JPMorgan Chase Receiving $235 Million in Tax Incentives and Subsidies to Build on WTC Site

Let’s all play stupid and pretend like this is some sort of sound financial plan to give a ginormous financial conglomerate a quarter of a billion dollar bribe to build on some of the most prime real estate in the world. Surely they would have never found someone to just take it for […]

Judge Rejects Efforts to Stop Atlantic Yards Project Without Discovery or a Trial

Federal judge Nicholas G. Garaufis of United States District Court in Brooklyn, dismissed what may well have been the most significant lawsuit opposing Atlantic Yards Development Project yesterday.
Garaufis said in his ruling, “Plaintiffs have not set forth facts supporting a plausible claim of an unconstitutional taking,” he wrote. “Nowhere in the amended complaint or […]

NYC Rental Market Forces Hot Chicks to Room with Awkward, Ugly Chicks

With the vacancy rate for Manhattan rentals at 3.7% stupid people that move from out of state and are afraid of Brooklyn and Queens (and understandably, The Bronx) crowd into ultra-tiny apartments in the UES and LES just to say they are living in Manhattan.
Or some just squat in whatever office that will have […]

R.I.P. Astroland

Next summer will be the last summer of Astroland as we know it. Astroland owner, Carol Hill Albert, whose family has owned the amusement park since it opened in 1962, sold the Astroland site to developer Joseph Sitt’s Thor Equities yesterday for an unspecified amount.
“It’s not something we’re happy about; it’s sad,” […]

Apple Set to Open 3rd Store in NYC

Mac geeks rejoice! Apple announced yesterday it’s plans to open a new store on West 34th St.
“The team had to negotiate more than six separate transactions and explore the outer reaches of the New York City building code with help of several consultants,” Andrew Mathias, SL Green’s chief investment officer, said on […]

Tishman Speyer Buys Stuyvesant Town For $5.4B

MetLife, the owner of Peter Cooper Village and Stuyvesant Town says it has sold the Manhattan apartment complex to the real estate company Tishman Speyer for $5.4 billion. The sale was announced hours after MetLife opened up the second round of bidding.
The tenants of Stuyvesant Town were bidding on the property to in […]

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