Artists Don’t Want to Go
As you might imagine, the art vendors of Union Square don’t want to be kicked out.
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Have You Seen This Bank Robber?
She held up the Bank of America on the corner of University and 14th the other day.
As you might imagine, the art vendors of Union Square don’t want to be kicked out.
Comparing 3rd quarter 2007 to 3rd quarter 2008, real estate prices around here have actually done pretty well, according to the Times.
Neighborhoods that experienced price drops include the Lower East Side and the East Village, where median prices fell 5.5 percent; and Carnegie Hill, where co-op prices decreased 7.2 percent. Median prices in Hamilton Heights and Morningside Heights dropped 30 percent, with sales decreasing to only 19 from 67 in 2007. In Washington Heights, median prices went down 6.3 percent, but the number of sales increased to 24 from 18 in 2007.
The neighborhoods that fared the best through the third quarter included Fifth Avenue and Park Avenue from 59th to 96th Streets, where median prices went up 35 percent. In Lincoln Square, an area between 57th and 72nd Streets from Central Park West to the Hudson River that is home to high-priced apartments in 15 Central Park West and the Time Warner Center, median co-op prices went up 18.6 percent and median condo prices went up 25 percent. Prices also rose in Lenox Hill, where median co-op prices went up 19 percent; and Chelsea, where median co-op and condo prices went up about 6 percent.
Other neighborhoods that experienced increases include Greenwich Village, where median prices for co-ops went up 3.9 percent; Union Square and the Gramercy area, where co-op prices went up 3.3 percent and condo prices went up 2.6 percent; and the Upper East Side, where median co-op prices went up 2.3 percent and condo prices went up 9.1 percent.
The Greenwich Village Society for Historic Preservation has been doing some reconnaissance to find out what exactly developer Billy Macklowe has planned for his new condo building that will replace Village icon Bowlmor Lanes, and what they’ve found has not heartened them: “[The building] will take the form of a short base with retail uses coming out to the streetwall, and a very tall, narrow, residential tower rising above it. At approximately 308 feet in height, this will be one of the tallest, if not the tallest, buildings in the Village. Apparently Mr. Macklowe has told elected officials that the building will be limestone rather than glass or steel
She held up the Bank of America on the corner of University and 14th the other day.
Reminder that annual shareholders’ meeting is scheduled for Thursday, October 10, at 7PM.
Location: International Seafarers’s House: 123 East 15th St., 2nd floor.
