Bolton’s Bolts

…replacing Diesel at the corner of 14th and Union Square West

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.

Please note that the annual shareholders’ will be happening this year on July 22.

7:00 AM    Morning Running Club with Paragon Sports (Fitness)
7:00 AM    Boot Camp with Circuit of Change (Fitness)
8:00 AM    Yoga with Jivamukti (Fitness)
10:00 AM  Yoga StoryTime with Karma Kids (Kids)
11:00 AM  Gazillion Bubble Show – The Next Generation (Kids)
11:15 AM  Baby Loves Disco (Kids)
12:00 PM  New School Jazz (Music)
5:00 PM    Performance by Peridance Contemporary Dance Company (Music)
6:00 PM    Salsa with Baila Society (Dance)

If you’re curious about the plans for the New School’s new construction on our block, there will be a public presentation on February 17. Here’s how the Greenwich Village Society for Historic Presentation is billing it:

On Wednesday, February 17 at 6:30 pm The New School (TNS) will make a public presentation of its current plans for a new development at 65 Fifth Avenue, between 13th and 14th Streets. Having originally proposed a 300-350 ft. tall building rising straight up over the entire site which would have required several zoning variances, TNS is now proposing a much smaller, 16-story, 189 ft. tall (plus mechanicals) building which will set back above the 6th floor and which conforms to the existing zoning for the site. The presentation will be similar to that which was made to GVSHP, other community groups, and elected officials in December. The plans are not yet finalized at this time, but do contain significant details about TNS’ thinking and progress on the design.

The fact that the mass and height of the proposed building has been reduced significantly from prior proposals in a very positive development. However, GVSHP does have concerns about the metal and glass design currently being contemplated for the facade of the building. The public presentation to Community Board #2’s Institutions Committee will be an opportunity to learn more about TNS’ plans for the site, ask questions, and provide feedback about the project.

Attend the public presentation on Wednesday, February 17th at 6:30 pm at the St. Vincent’s Hospital cafeteria on 12th Street.

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.