Co-op Annual Meeting Tuesday

A reminder that the co-op’s annual meeting takes place on Tuesday June 9 at 7PM.

The location is the Seafarer’s International House at 123 East 15th St. on the second floor. It is right near Irving Place.

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  • Our $11 Million Neighbor

    The Observer reports:

     

    Richard Cantor, a principle in the real estate marketing firm of Cantor-Pecorella, considers that the best of Village life consists of “very luxurious” apartments that incorporate the “open expanse” of loft-style living with the communal intimacy of townhouse residency. How serendipitous that Mr. Cantor’s firm should happen to be marketing the new(ish) eight-unit development at 12 East 13th Street co-engineered by DHA Capital and Continental Properties, which, he recently told the Observer, evinces just these same qualities! You know what they say, it’s always easier to sell a product that you truly believe in.

    Certain longtime denizens of the Village, of course, would no-doubt quarrel with the tenets of Mr. Cantor’s appraisal, but his luck on East 13th Street has been pretty good so far. He reports that the development has made its first sale, of the full-floor Residence #4, which, he said, went for just shy of its $11.25 million asking price. The buyers, he said, were a young-ish family already living in the area and pleased indeed to find a place of this size–four bedrooms, 4,816 square feet–so near the heart of the neighborhood. The patriarch, naturally, is in finance.

    But surely it was not size alone that lured the new owners; there is also, for example, the very luxurious open expanse of the condo’s townhouse-like intimacy to consider. The building, which was converted from a parking garage, retains a trace of automotive functionality, offering private parking spaces gratis for residents via a state-of-the-art robotic system. More creaturely comforts include high ceilings and big windows for plentiful light and air, custom Italian cabinetry, and bathrooms with generous portions of slab marble and Italian limestone.

    Mr. Cantor said that he expects several more closures in the coming weeks, and occupancy no later than this summer. But for all you big spenders out there, the glass-sheathed triplex penthouse, we were given to understand, remains available. All you need to move in is $30.5 million, which seems eminently reasonable, for the very best of Village living.

    Read more at http://observer.com/2015/03/best-of-the-village-garage-to-condo-development-notches-first-sale-around-11-25m/#ixzz3UYu20ZHe

  • The Busway Is Back!!! On August 12!!!

    A state Supreme Court judge has lifted a temporary order blocking the city from rolling out its bedeviled 14th Street busway pilot. Justice Eileen Rakoff ruled that the city’s Department of Transportation (DOT) complied with state law that mandates the agency study the impact of banning private cars on the surrounding residential streets.

    After reviewing documents from the city and the coalition of Manhattan residents petitioning the busway, Rankoff lifted the temporary restraining order that blocked the pilot’s July launch on Tuesday. DOT spokesperson Alana Morales says the agency is beginning work “immediately” and will launch the busway on Monday, August 12.

    Transit advocates who have long called for the pilot program, which was originally timed to launch with work on the L train’s Canarsie Tunnel, praised the ruling as a “huge victory.”

    “When riders organize, the whole city wins,” says Danny Pearlstein with the Riders Alliance. “The 14th Street busway will provide faster and more reliable bus trips, saving precious time for tens of thousands of people who badly need it.”

    Others charge that the ruling sets a key precedent for other streets where residents seek to use the courts to “circumvent the democratic process in order to preserve the car-dominant status quo”— such as Central Park West where members of an Upper West Side condo board are suing to block a bike lane, says Marco Conner, the deputy director of Transportation Alternatives.