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Chinatown, NY · Real Estate

WashingtonExaminer

partner publisher · 941.4K followers

The bill comes due for Mamdani’s rent freeze

New York City’s socialist mayor, Zohran Mamdani, promised not just to freeze rents for 1 million rent-stabilized apartments in the city, but also to build another 200,000 affordable units and preserve another 200,000. Those goals just got harder because the two biggest buyers of mortgage loans, Fannie Mae and Freddie Mac, have responded to the […]

New York, NY · 1d

Secret NYC

publisher · 14.0K followers

America’s first twin-screen movie theater has closed on the Upper East Side after 64 years, — its building is being sold for $41 million

The Upper East Side just lost a piece of movie history. Cinema 123 by Angelika , the Third Avenue theater that opened in 1962 as what’s been called the country’s first twin-screen cinema , has permanently closed after 64 years . The three-screen theater at 1001 Third Avenue, between East 59th and East 60th Streets, held its final screenings on Thursday, October 29, and the closure took effect the next day. The farewell notice kept it short, but it ended on a sweet note: “As our final credits roll, we thank you for being part of our story.” 64 years across from Bloomingdale’s The theater debuted in 1962 as Cinema I & II, described by 6sqft as the first twin-screen cinema in the country . A third screen arrived in the 1980s, and eventually the name became Cinema 123. Over the decades, its screens mixed independent, foreign and mainstream films, which made it a true neighborhood go-to. For generations of Upper East Siders, it was the easy plan: catch a movie across from Bloomingdale’s, grab dinner nearby, no trip downtown required. A $41 million sale The closure wasn’t a total surprise. Reading International, the parent company of Angelika, bought out

Manhattan, NY · 3d

Secret NYC

publisher · 14.0K followers

$700/month for a new Brooklyn apartment—applications are now open for this major NYC housing lottery

From world-class restaurants, boutique shopping , and waterfront parks to live music venues and iconic views of the Manhattan skyline, Williamsburg remains one of the most coveted neighborhoods in New York City. But with neighborhood median rents consistently hovering well above $4,000 , finding an affordable space in this corner of Brooklyn is nearly impossible on the open market. Fortunately, NYC Housing Connec t has just opened applications for an expansive new residential development right in the heart of Williamsburg, offering brand-new units at a fraction of typical neighborhood costs. Inside the Listing The lottery is open for Kingsland Commons Building 2 , a newly constructed 217-unit development located at 89 Maspeth Avenue, Brooklyn, NY 11211 (Brooklyn Community Board 1). Constructed through the Extremely Low & Low-Income Affordability ( ELLA ) program of the NYC Housing Development Corporation (HDC) and Department of Housing Preservation and Development (HPD), along with HPD’s Mandatory Inclusionary Housing (MIH) program, the building offers layouts spanning from studios up to three-bedroom apartments for families. Building Amenities & Features Residents will have access to a full suite of modern residential amenities, including: In-Unit Perks: In-unit dishwashers, microwaves, and free high-speed broadband internet in both units and common

Brooklyn, NY · 3d

qns.com

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Permits filed for 74-unit residential building in Jamaica

Permits have been filed for the construction of a 14-story residential building with 74 housing units at 143-24 94th Ave. in Jamaica. The proposed building would be 145 feet tall and span 42,463 square feet of space. With an average unit scope of 573 square feet, the 74 apartments will most likely be rentals. In addition to the housing units, the property would also have a rear yard 66 feet in length.

Queens, NY · 1d

jerseydigs.com

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Former ShopRite in New Milford Could Be Replaced With 160 Apartments and Retail Space

New Milford’s vacant ShopRite could make way for shops along River Road, an outdoor dining plaza, and apartments set farther back from the street. Plans for the main apartment building include an open-air courtyard and a rooftop deck for residents. The developer, 814 River Road Urban Renewal LLC, proposes...

New Milford, NJ · 2d

rooseveltislanddaily.news

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NYC Rent Freeze Program to Cover More Seniors and Disabled Tenants

NYC Rent Freeze Program to Cover More Seniors and Disabled Tenants. New York City’s Rent Freeze Program lets eligible older tenants and tenants with disabilities lock in their rent, so future increases are covered by a property tax credit to the building owner instead of coming out of their pockets. The state has raised the program’s income limit from $50,000 to $75,000, the first increase since 2014, a change Sen. Liz Krueger says will let thousands more New Yorkers enroll in the NYC rent freeze program. The city still has to finish adopting the new limit, which Krueger expects by the end of November. It covers rent-regulated apartments, including Mitchell-Lama and HDFC housing, and Krueger’s office is offering one-on-one application help at a clinic on Tuesday, Nov. 17. Call 212-490-9535 to book a spot. Slots are limited, and there are no walk-ins.

New York, NY · 22h

myfamilytravels.com

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The Changing New Jersey City Where Longtime Residents Say They Can No Longer Afford To Stay

More than half of the renters in one waterfront city pay over 30 percent of their income just for housing. That is a lot of paychecks going straight to the landlord. I can’t imagine budgeting for groceries after that. This New Jersey city has Manhattan skyline views, busy transit...

Jersey City, NJ · 6d

Essentially Sports

partner publisher · 155.5K followers

“It’s Outrageous”: Deion Sanders’ Son Shilo Doesn’t Hold Back Against New York Real Estate Prices Amid Bankruptcy Trial

Finding an apartment in New York City is tough enough for the average renter, let alone someone trying to rebuild their finances in the middle of an $11.89 million bankruptcy case. Over the past few weeks, Deion Sanders’ son, Shilo Sanders, has tagged his 324K YouTube subscribers along on his house-hunting journey. He couldn’t hold back his thoughts about the city’s real estate market. Shilo shared a YouTube video on his channel this week, where he talks about real estate prices while getting his haircut. “My biggest thing about New York, bro, is the square footage for the price,” Shilo said. ...

New York, NY · 14h

jerseycityfyi.com

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The Greyson Provides Space, Luxury and Lifestyle for Jersey City Couple

Jersey City, NJ is bucking a nationwide trend when it comes to apartment construction and Journal Square is helping fuel its growth. According to industry reports, more than 7,500 apartments have been brought to market in the neighborhood since 2021, helping satisfy renter demand and fuel a residential revival that hasn’t been replicated anywhere else in the country.

Jersey City, NJ · 3d

Gothamist

partner publisher · 28.5K followers

$20 rent-control cap coming to Elizabeth, New Jersey

Aerial view of the streets of Elizabeth, New Jersey Voters approved the annual limit in this week's election. [ more › ]

Elizabeth, NJ · 1d

PIX11

partner publisher · 146.8K followers

NYC housing lottery: Buy an apartment for under $8K

WILLIAMSBURG, Brooklyn (PIX11) — A waiting list for an affordable housing lottery in Williamsburg offering studio apartments for purchase is now open. The properties are listed on the NYC Housing Connect website, an online portal where people can find and apply for affordable housing opportunities in New York City The Lindsay Park Housing Cooperative, part of the […]

New York, NY · 2d

bkreader.com

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New Housing Planned Across Park Slope and Gowanus

Five residential developments are moving forward in Park Slope and Gowanus, bringing new rental apartments, townhouses and commercial space to the two neighborhoods, according to YIMBY. The projects range from a nearly completed apartment building to proposed developments awaiting construction schedules. The developments are located at 263 Prospect Ave., 403-405...

Brooklyn, NY · 3d

jerseydigs.com

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Inside Journal Square’s Massive Transformation: New Housing, Retail, Arts and Education

The seemingly endless number of cranes in Jersey City’s Journal Square neighborhood has been a big story for years, but the residential building boom is about to be complemented by a new theater space, some educational facilities, and much needed affordable housing. The project closest to finishing in the...

Jersey City, NJ · 1d

Newser

partner publisher · 21.3K followers

Mamdani's Tax on Second Homes Clears a Big Hurdle

(This content was created with the help of AI.) New York Mayor Zohran Mamdani's plan to extract more tax dollars from the Big Apple's luxury second-home owners just cleared a major hurdle. A state appeals court on Wednesday said his administration can keep rolling out its "pied-à-terre" surcharge, reversing a Staten Island judge who had ordered the city to redo the launch, the New York Times reports. The tax targets non–New York City residents who own high-end condos, co-ops, or one- to three-family homes they use as second residences, and is projected to bring in about $500 million a year. Th...

New York, NY · 2d

Secret NYC

publisher · 14.0K followers

$975/month for a brand new Brooklyn apartment—applications are now open for Crown Heights’ newest housing lottery

With its historic brownstones , bustling restaurant and bar scene , and close proximity to cultural staples like the Brooklyn Museum and Prospect Park , Crown Heights continues to be one of Brooklyn’s most vibrant neighborhoods. Finding rentals in the area that fit within a balanced budget, however, is increasingly difficult on the open market. Now, a new affordable housing lottery has launched at 1060 Pacific Apartments , giving qualifying New Yorkers the chance to secure a home in the neighborhood at rates well below traditional market value. Inside the Listing Located at 1058 Pacific St (aka 1060 Pacific St), Brooklyn, NY 11238 , this newly constructed 10-story residential building sits within Brooklyn Community Board 8. The development brings 16 rent-stabilized affordable units to the neighborhood, constructed through the Inclusionary Housing Program with an anticipated tax exemption under the 485-x Tax Incentive Program of the NYC Department of Housing Preservation and Development (HPD). Layouts span from modern studios to spacious one- and two-bedroom residences. Building Amenities & Neighborhood Highlights 1060 Pacific Apartments combines neighborhood charm with high-end convenience, featuring: In-Unit Amenities: In-unit washers and dryers, contemporary finishes, and online resident portals for leasing, rent payments, and maintenance requests. Building Highlights:

Brooklyn, NY · 10h

multihousingnews.com

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NYCHA Secures $185M for Redevelopment of Brooklyn Community

It's the first closing for the city's Housing Preservation Trust. The New York City Housing Authority has secured a $185 million loan for the acquisition and rehabilitation of Nostrand Houses, a 1,148-unit multifamily property in Brooklyn’s Sheepshead Bay neighborhood. Merchants Capital sourced the note, contributing $135 million through Merchants Bank its commercial banking subsidiary. AFL-CIO Housing Investment Trust provided the remaining $50 million.

Brooklyn, NY · 1d

New York YIMBY

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Housing Lottery Launches for 492 Thomas S Boyland Street in Brownsville, Brooklyn

The affordable housing lottery has launched for 492 Thomas S Boyland Street, a six-story residential building in Brownsville, Brooklyn. Designed by Jay Architect & Engineering DPC and developed by Thomboy Facilities LLC, the structure yields 87 residences. Available on NYC Housing Connect are 18 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $67,955 to $146,560.

Brooklyn, NY · 3d

jerseydigs.com

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91 Apartments Could Come To Paterson Street That Only Allows Homes

A four-story apartment building with 91 units and a rooftop space for residents could replace several buildings on North 7th Street in Paterson’s First Ward. Bent Avenue Real Estate Holdings LLC wants to build at 18–32 North 7th Street. The developer is asking Paterson’s Zoning Board of Adjustment for an exception because the rules for the site don’t allow apartment buildings.

Paterson, NJ · 1d

jerseydigs.com

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Kushner Real Estate Rebrands 6,200 New Jersey Apartments Under New ‘Chapter’ Brand

A developer with a major Garden State footprint is writing a new chapter as 6,200 apartments in New Jersey undergo a rebrand. Kushner Real Estate (KRE) has officially introduced Northern Chapter Company, or “Chapter” for short, to a collection of 13 New Jersey communities they’ve built. The portfolio includes seven communities in Jersey City, plus Bayonne, East Hanover, Hopewell, Madison, Marlboro, and Rockaway.

New Jersey · 2d

buildlikenew.com

partner publisher · 36.4K followers

Montgomery Clift’s $8 Million Manhattan Townhouse Still Has the Bar Where He Hosted Marilyn Monroe

The NYC Home Where Montgomery Clift Hosted Marilyn Monroe and Elizabeth Taylor Just Listed for $8 Million Some homes hold […] This article originally appeared on BuildLikeNew.com — visit us for more home security guides.

Manhattan, NY · 5d