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Rent concessions way up in northwest Qns.

The level of northwest Queens leases with deals like a month without rent shot up dramatically in a year, a report has found. A typical concession, as it is called in the real estate world , is a month of free rent or no brokerage fee. And the amount of leases with concessions in the borough’s northwest section went up to 40.8 percent in July from 7.5 percent a year before. Douglas Elliman Real Estate released that finding last Thursday along with others in its housing market analysis of last month for Manhattan, Brooklyn and this borough’s northwest section — defined as Long Island City , Sunnyside, Woodside and Astoria. The singular rise in leases with concessions during the year leading up to July went way above those of Brooklyn and Manhattan. Those boroughs respectively saw the same number increase by 15.7 and 12.6 percents. Net effective rent in the portion of Queens analyzed — the median for how much is paid after a concession from a landlord — went up by 5.8 percent to $2,9...

New Haven wins lawsuit that had challenged future developments

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But 5th lawsuit now filed by PMC Property Group By Mary O’Leary, moleary@nhregister.com @nhrmoleary on Twitter Published 7:25 pm, Friday, August 18, 2017 Photo: File Photo Image 1 of / 1 Caption Close Image 1 of 1 The Smoothie Building in New Haven. The Smoothie Building in New Haven. Photo: File Photo New Haven wins lawsuit that had challenged future developments Back to Gallery NEW HAVEN >> The city has won a serious challenge to future developments filed by the litigious PMC Property Group , even as the company brings a fifth suit over an approved apartment building that competes with its Strouse Adler units . U.S. District Judge Jeffrey Meyer has dismissed the 2015 suit by 26 Crown St. Associates, one of the properties owned by PMC, which charged that New Haven’s combined sewer and storm drain system overflows during heavy rainfall and damages his apartment complex and “thousands of other New Haven” properties. PMC, a major real estate owner out of Philadelphia, b...

These luxury serviced apartments offer relaxing escapes from work

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Updated on August 25 2017 Hongkongers are known to have some of the longest working hours in the world, and there’s no doubt that work has a tendency to dominate our lives. As a result, it’s easy to feel overwhelmed from time to time, a problem that can be exacerbated if you’re not living in a home that allows you to feel relaxed and rejuvenated. Fortunately, there are ways to fix that problem. If you’re looking to improve your work-life balance, perhaps it’s time to consider relocating to a luxury serviced apartment , whether it’s for a month or a year. The city’s top serviced apartments can offer you a better quality of life and make every day a little bit easier, especially since they’re conveniently located close to the offices of many companies. Here are five reasons you should consider taking up residence at Swire Properties’ Pacific Place Apartments or Taikoo Place Apartments : You’ll have a place to relax Whether you’ve put in a long day’s work at the office, are getting ac...

Gargoyle Hunting in New York City

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Author John Freeman Gill takes Fodor’s on an urban safari. If you make the effort to gaze skyward in New York, you will discover (hiding in plain sight) a city teeming with remarkable architectural sculptures : gryphons and sea monsters, cherubs and pelicans, goddesses and kings. These exuberantly expressive artworks were the creation of gifted immigrant stone carvers who poured into New York in the late 19th and early 20th centuries , most of them from the British Isles, Germany, and Italy. The ornament on the grandest edifices was typically specified by architects, but on the vast majority of city buildings , the design of the carvings was left up to the individual stoneworker. The carvers took this freedom and ran with it, incising their imaginations into New York’s skyline and transforming its streetscape into a marvelously quirky public art gallery . 555 Washington Avenue John Freeman Gill Ever since my novel, The Gargoyle Hunters , was published, I’ve been besieged by readers a...

In the ’90s, We Had ‘Friends.’ Now They Call It Co-Living.

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More prosaically, co-living can simply mean roommates and common rooms, like a dorm. For some developers, it’s a form of adaptive reuse: many co-living sites, like WeLive at 110 Wall Street , are leased, in this case from the landlord of what once was an office building, drained of its tenants by Hurricane Sandy. Slide Show Adventures in Co-Living Credit Photographs by Andrew White for The New York Times There are still co-living evangelists, like Brad Hargreaves of Common, who has promised that “the genuine and organic relationships our members build with each other,” as he wrote in a post for Medium, would not be tainted by allowing journalists to sleep over at Common properties (though they were welcome to tour). With over $23 million in financing, Common now operates in five cities, including out of eight houses in New York City. Some co-living ventures have collapsed under the weight of their ideals, like the utopian Pure House , started by Ryan Fix, now 42, in his Williamsburg l...

• Amber Ridge Apartments • Phoenix • Arizona •

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