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The latest about 11217 from The New York Observer Real Estate

Strollers Clogging Brooklyn Apartments, Mass Hysteria Seizes Market

Babies on board in Brooklyn... (New York Shitty Williamsburg daddies are having a hard time finding space for both their fedora collections and their toddlers. The market, that once blossomed as a studio, one- and two-bedroom artist haven, is strugglin... »

Riverdancer Has Brooklyn Property In Spades

The dancer and her muse. April 30, 1994: a date seared into the hearts of all Irishmen. On that fated day, Jean Butler approached the stage in a Dublin Theater and, arms held  stiff at her sides, moved her legs with impossible alacrity in a seven minut... »

Barclays Boondoggle: Will the New Nets Arena Be a Parking Nightmare?

With stacks. With trees. The issue of parking and traffic is always a problem in New York. If you aren't renting a space for an exhorbitant price, then chances are that you are driving around the block a few dozen times. (Unless you are in the Bronx, t... »

On the Market: New York and the Foreclosure Deal; Azerbijian Wants World’s Tallest Building; EVill District?

What's in the foreclosure deal for New York. [Journal] Speaker Quinn wants to force landlords to fix their busted buildings. [Crain's] The lost prison of Roosevelt Island. [NY Times] Azerbijian wants the world's biggest tower, at 3,444 feet. [Curbed] A... »

To Save Penn Station, Boot Madison Square Garden to the River

Half time? Despite his lack of formal design training, Michael Kimmelman has excited many readers, both architecturally adept and not, with his focus on urban issues. The Observer has begun to hear some grumbles, however, that that is all he cares abou... »

Park Slope Is Alive and Kicking Bourgie Booty

Still smilin'. (Getty) Is Park Slope dead? Yes, Eustace Tilley, of course it is. It died years ago. But washed ashore on the East River's bay in Brooklyn, the old Park Slope decomposed and fertilized the neighborhood that it has become today. It is mer... »

It’s Not Just Artists but the Subways They Take That Drives Gentrification

Subways and artists have had a long, long relationship. Everybody knows the old saw about how artist migrations and subway access help drive gentrification in the city, but we never realized the two were quite so intertwined. Capital New York has an in... »

High-Powered Art Couple Sell Highly Priced Condo on the High Line

Both Perry Rubenstein and his wife, Sara Fitzmaurice are adept sellers. As an art dealer, Mr. Rubenstein has sold millions of dollars of artwork to collectors across the globe. Ms. Fitzmaurice, the founder of PR mega-company Fitz&Co, sells brands, idea... »

On the Market: M.T.A Rider Bill of Rights; Barnett’s Buying Spree Continues; All Quiet on the Building Front

M.T.A. passes railroad bill of rights, but not all are created equal. [NY Post, Journal] Cuozzo: Nobody's leasing, nobody's building, nobody's even murmuring! [NY Post] Atlantic Yards hiring promises not fulfilled? [Journal] Buzz kill! Williamsburg bar... »

On the Market: Shyamalan Sells; Shaky Tower Future; Better Parking Through Science

M. Night Shyamalan sells Tribeca pad for $9.5 million after two years. [Real Deal] Technical glitch pushes back release of property tax roles one day. [NY Post] More great, green affordable housing coming to the South Bronx. [Curbed] The Kushners (our ... »

Whose Mall Is It Anyway: Will Brooklyn Flock to Fulton Street’s New Chain Stores?

Comings and goings across from Shake Shack. (Matt Chaban) Joseph, a slender 19-year-old from Fort Greene, stood inside Downtown Pawn Shop Sunday afternoon turning an almost-new Nokia flip phone over in his hands. On either side of him were glass displa... »

Play Ball! Barclays Center Down Only a Few Points as Panelists Get Back to Work

The sun rises on the steel. (huckfunn/Flickr) Bruce Ratner has dodged another foul at Atlantic Yards. After the facade fabricator for the new Barclays Center closed abruptly in December, it was not clear how soon fabrication could resume given the comp... »

Bruce Ratner “Walked Between the Legal Raindrops”

Rain man. (Getty) That is Michael Powell's assessment of the Brooklyn developer in his column in today's Times, noting that Mr. Ratner is involved in at least two corruption scandals involving state politicians. Federal prosecutors have not implicated ... »

New Jersey Nets Ink Office Deal at MetroTech Center

The New Jersey Nets are taking another step closer to becoming Brooklyn’s first professional sports team since the Dodgers walked away from the borough almost 55 years ago, sources revealed to The Commercial Observer yesterday. The team is relocating i... »

On the Market: Gowanus Clean Up Stinks; Downtown Brooklyn Wins; Mars Bar Gone

Apartment sales dropped but prices were steady last quarter. [Journal, Real Deal] At least construction spending was up last year, albeit only 1.2 percent. [Bloomberg] Downtown Brooklyn wins the Curbed Cup, crowned hood of 2011. [Curbed] Gownaus clean-... »

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