Luxury Listings NYC staff is上海千花网论坛 busy putting the final touches on the next issue, which will feature Chef Daniel Boulud on the cover.
Boulud is the chef and owner of several award-winning restaurants, including his New York City flagship, Daniel. French-born, he can be thought of as New York City’s own culinary treasure, preserving a level of cooking informed by French tradition — at a time when fine dining is becoming increasingly casual. LLNYC visited Chef Boulud in the kitchen at Daniel to discuss culinary matters — and in the dining room, where the real story was on the plate.
We also hung out with Pulitzer Prize finalist and film critic for the New York Time上海贵族宝贝交流区 s, A. O. Scott. Scott has a new book out, “Better Living Through Criticism: How to Think About Art, Pleasure, Beauty, and Truth,” which argues that purposeful criticism today is being lost, drowned by a sea爱上海同城 of bloggers and tweeters buoyed by social media. We pulled up a chair and settled in for spirited conversation.
In this issue we also talked to landscape architects about the best ways to make the most of outdoor terraces, one of the hottest niches for home improvement. Architects say New York City luxury home owners can create outdoor rooms for a taste of “country” living, with outside kitchens and even flat screen TVs for al fresco movie nights.
But for a true country experience, one can buy a home in Hudson Valley, just north of the city. We talked to brokers there for our ranking story on the h[……]
These wer爱上海同城 e上海贵族宝贝论坛 the top home sales in BK, Queens in September $6.6M penthous上海贵族宝贝 e at the Oosten broke record for priciest pad in Williamsburg
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RAL to redevelop PC Richard site in Union Square Plans call for a tech-focused office space on city-owned land
124 East 14th Street near Union Square
UPDATED, Dec. 22, 1:47 p.m.: The city s Economic Development Corporation has selected Robert Levine s RAL Development Services, one of the companies behind a controversial residential project in Brooklyn Bridge Park, to redevelop a city-owned site in Union Square.
上海贵族宝贝论坛 Last year, the EDC began calling for proposals to redevelop the building at 124 East 14th Street, which is home to a P.C. Richar上海龙凤论坛sh1f d Son store, into a tech-centric work and event space anchored by community center Civic Hall. RAL will now handle the project, sources told Politico.
The city encouraged developers to build office space at Union Square location, targeting startups and co-working spaces. The EDC said at the time that the site would eventually serve as a “new tech hub.”
In July, RAL partn新爱上海同城对对碰论坛 ered with Oliver Realty Group to close on a $110 million deal to lease land for its Brooklyn Bridge Park residential development. The companies plan to build two properties on the site: a 28-story, 160-unit condo building and a 14-story, 140-unit rental building.
The Empire State Development Corporation had briefly pulled its support for the project, citing a $10,000 donation RAL made to Mayor Bill de Blasio, but it eventually approved th爱上海同城 e project. [Politico] — Miriam Hall
Correction: An earlier version of this story stated the EDC was involved w[……]
Stagg Group to construct 68-unit residential building on vacant Bronx lot Developer says 70% of units at Bedford Park project will be market-rate
18上海贵族宝贝交流区 6 St. Georges Crescent (Credit: Google Maps)
The Stagg Group hopes to construct yet another development in the Bronx, filing plans on Friday to construct a mostly market-rate 11-story residential building on a vacant lot.
The project would include 68 units along with a rooftop terrace and recreation space spread across 55,576 square feet, according to filings with the city s Department of Buildings. The building would be located in Bedford Park at 186 St. Georges Crescent, right between Grand Concourse and the Mosholu Parkway Greenway.
About 70 percent of the apartments in the $9 million project would be market-rate units, with the remaining 30 percent designated as affordable units, according to Stagg Group President Mark Stagg. Construction is expected to begin in the fall.
The Stagg Group, founded in 1966, has several developments in the Bronx and Westchester. The company has recently become well-known for constructing affordable housing in the Bronx and has been one of the 上海夜网 most prolific builders in the borough in recent years.
Stagg 爱上海同城对对碰 purchased 186 St. Georges Crescent for approximately $2.5 million in March and said he was motivated to build on the land because h阿爱上海同城 is company is also working to construct a much larger project at 150 爱上海同城对对碰 Van Cortlandt Avenue East, located right next door. That 134,034[……]
Double tap: Here s a look at the best shots shared on Instagram this week TRD collects the best uploads from NYC, Miami and LA
2. Up, up and away: Posted by Calibre International Realty s Marina Sirbu, this photo shows Muse Residences a 49-story condo tower in Sunny Isles Beach, Fla. twisting tow上海龙凤论坛sh1f ard the sky.
6. West Village-based shutterbug @maximusupinnyc caught this picture-perfect moment from Astoria, Queens. The moon is the orange wedge to the Chrysler Building s toothpick (ye爱上海同城论坛 s, we went there).
7. It s a bird, it s a plane okay, it s not Superman, but it is an excellent shot of a plane slicing through the阿拉爱上海同城 clear blue California sky, courtesy of @kingcreeze.
A post shared by MISSHATTAN (@misshattan) on Sep 24, 2017 at 11:43am PDT
9. The Real Deal South Florida s fall issue hit newsstands this week. Illustrator @_kotynskyi_ brought to life the cover story, which examined the aftermath of Hurricane Irma on Miami real estate.
1爱上海 0. Madison Square Park Tower cuts the setting sun like butter in this ace shot by @jakobdalin.
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Using the Community Pre阿爱上海同城 servation Fund, East Hampton Town in 2014 bought 19 acres of farmland for $10.1 million to block a 79-unit luxury housing development. The town intended to lease the land at 551 Montauk Highway to a farmer, but now it is seeking bids to demolish the barn on the property and use the land for “passive recreation” like hik上海夜网 ing trails, the East Hampton Star reported. The barn “was not a well-built 上海夜网 building,” according to Council member Peter Van Scoyoc. While East Hampton Town had six agricultural-based proposals to u上海龙凤论坛 se the property in 2014, the Town Board reversed course after members of the public called for the land to be 新爱上海同城对对碰论坛 left as an open vista. [27East]
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Sephardic Academy buys UES building with help from Syrian real estate players Ben Ashkenazy, the Chera family among the financial backers
From left: 150 East 74th Street, Ben Ashkenazy and Daniel Levy
The Sephardic Academy of Manhattan bought a six-story building on the Upper East Side for $14 million to expand its program — with a helping hand from some familiar figures in New York real estate.
Daniel Levy, a partner at Ashkenazy Acquisition Corporation, is on the school’s board and was instrumental in getting the deal done, along with other members. It was a coll阿爱上海同城 ective effort,” Levy said, “We all阿拉爱上海同城 helped the school acquire the building as a future home for its elementary school.”
Ben Ashkenazy, the billionaire founder and CEO of the company, Crown Acquisitions Chera family and several other prominent real estate families from the Syrian-Jewish community contributed to the purchase.
Levy said his extended family has seven kids in the school.
The school began as an early childhood program in 2011, with plans to open an elementary school in the upcoming school year. It s headed by Rabbi Elie Abadie, the longtime Rabbi of the Edmond J. Safra Synagogue, which is frequent上海龙凤论坛 ed by members of the Syrian-Jewish community.
Abadie was ousted last year after a conflict with Lily Safra, widow to the synagogue’s namesake, and chair of the foundation that financed it, according to the New York Post. He has since started a breakaway synagogue, Congregation Shaare Mizrah, which[……]
Hong Kong’s real estate stocks aren’t keeping up with爱上海同城对对碰 housing prices Concerns over continued price growth have investors playing defense
Hong Kong, China
Hong Kong housing prices are still going through the roof, but investors’ concerns over how much room the property market has to run are keeping developers’ stock prices 上海千花网交友 lagging behind.
Home prices in the city jumped nearly 17 percent last year and have nearly tripled since 2009, the Wall Street Journal reported.
But despite strong sales, stock prices for major developers are trading at an average discount of 40 percent to their net asset value. That’s been true for much of the past decade, after stocks traded close to book value in the late 1990s, when property prices saw their last peak.
Global i爱上海同城 nvestors are showing doubts regarding pricing growth, especially as the threat looms 上海同城对对碰交友社区 of rising interest rates. And stocks have gone from being growth plays to defensive bets partly because developers’ profits are shifting away from sales to growing rental portfolios, the Journal reported. [WSJ] – Rich Bockmann
Tags: china, hong kong, International real estate, Residential Real Estate
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Cape Advisors lands $65M to finance Astoria dev site purchase Bridge loan is for 18 months with options for extension
30-77 Vernon Boulevard (Credit: Google Maps)
Cape Advisors and Wainbridge Capital secured a $65 mi爱上海同城对对碰 llion loan to fund their 上海千花网交友 purchase of a waterfront development site in Astoria.
The bridge loan is for 18 months and includes options for extension, and it comes from Mack Real Estate Credit Strategies, according to the Commercial Observer.
The site at 30-77 Vernon Boulevard spans about 522,上海龙凤论坛 000 square feet. Cape Advisors and Wainbridge are planning a luxury five-building residential project with 770 affordable and market-rate apartments. Amenities include lounges, a rooftop deck and a fitness center.
Mack is expected to provide construction financing for Cape Advisors and Wainbridge on the project as well.
Cape Advisors purchased the site for $85 million from Shibber Khan s Criterion Group. It spans almost a full block and is right by the Astoria ferry stop. [CO] – Eddie Small
Tags: cape advisors, Residen爱上海同城 tial Real Estate
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State comptroller raises questions about spending at Mitchell Lama development Report says HPD needs to keep a closer eye on contracts
From left: Linden Plaza Apartments at 663 Linco上海龙凤论坛 ln Avenue and Thomas DiNapoli (Credit: Apartments and Getty Images)
The city s Department of Housing Preservation and Development needs to keep a tighter leash on spending by Mitchell Lama developments, according to a new report by the state Comptroller s Office.
The report found that Linden Plaza, a 1,525-unit Mitchell-Lama development in Brooklyn, spent $10.7 million on 173 vendors from January 1, 2016, to August 31, 2017 — all of which wasn t monitored by HPD. That s in part because the city only requires contracts above $100,000 to be competitively bid and approved by HPD. The agency上海千花网 s rules for when a contract is required al上海夜网 so aren t clear, according to the report.
In June, Linden Plaza s owner, an affiliate of the上海千花网 DeMatteis Organizations, informed tenants that it planned to request a rent increase from HPD due to the vendor costs and the $23.3 million it had spent during the same timeframe on mortgage payments, insurance and utility expenses. This rent bump would follow the 10.5 percent increase applied between 2014 and 2017.
The report indicates that had HPD monitored this vendor spending, it might ve spotted cost saving opportunities — meaning that a rent increase wouldn t be needed.
HPD takes its oversight of its portfolio of Mitchell-Lama developments extremely seriou[……]