Latest New School Construction Update

ByDon

I write to remind all that the lower 8 floors of this building are still a construction site which is regulated by the Department of Buildings. New School has heard your complaints but at this time we do not control this site. It is our hope that when we take over the building we can make some necessary changes. The University Center is a LEED building with many energy saving designs incorporated into the building so that we will be good neighbors.

Next week (December 23rd to December 27th ), material and equipment deliveries and installation work will continue on the academic floors inside the building. (Site closed on Christmas)

The following week (December 30th to January 3rd ), material and equipment deliveries and installation work will continue on academic floors (Site closed on New Year’s Day)

This weekend the site will be open on Saturday and Sunday, December 21st and 22nd for interior activities between the work hours of 7AM and 7PM as permitted by the City.

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  • Union Sq. Home Prices Hold On

    ByDon

    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.

  • Union Square, 1895

    ByDon

    Here’s a view of Union Square from 1985. The angle is from the southeast looking toward the northwest from the corner of 4th Ave. and 14th. Note that in the good ol’ days, the statue of George Washington was located in the intersection. It was later moved to the southern end of the park.