St. Mark’s Church in-the-Bowery, one of New York City’s oldest churches, on East 10th Street in the East Village. The Landmarks Preservation Commission approved a continuing maintenance program that will allow the church to pursue a transfer of development rights to help fund long-term preservation. ( Photo: Zelda Nguyen ) St. Mark’s Church Looks to Air Rights Real Estate to Preserve Future For more than two centuries, St. Mark’s Church in-the-Bowery has survived war, fire, feisty poets and the changing fortunes... News 27 Jul 2026 | 03:12
This rendering depicts plans for the proposed 14-story affordable housing complex to rise on what is now a parking lot used for private cars of NYPD officers in the 9th Pct. ( Photo: Mayor’s Office) Affordable Housing Tower Plan in East Village Stirs Local Debate The Mamdani Administration is backing a plan to turn an East Village parking lot on East 5th Street now used by the NYPD’s... News 16 Jul 2026 | 11:49
Half of the block cornered by Park Avenue and East 51st street is now covered in blue netting as demolition for 350 Park Avenue begins. Rendering of skyscraper inset. ( Photos: Madeline Farr, DBOX for Foster + Partners) Demolition Begins at Future Site of 350 Park Avenue Skyscraper Demolition crews have moved onto the 350 Park Avenue site as work begins on the $4.5 billion project that will eventually... News 09 Jul 2026 | 02:27
The Mark Hotel on Manhattan’s Upper East Side sits on land subject to a ground lease held by entities tied to the Goldman family’s real estate empire, which is at the center of ongoing litigation among heirs. ( Photo: Houseandgarden) Family Feud Rocks One of NYC’s Largest Real Estate Empires For more than half a century, the Goldman family amassed one of New York City’s largest privately held real estate portfolios.... News 08 Jul 2026 | 02:04
The median rent for Manhattanites increased again in the month of May to $5,125, setting a new market record, according to a Real Estate report and statement by Corcoran Group COO Gary Malin (inset). ( Photo: Corcoran Group/Composite Image) Manhattan Rents Soar to Over $5,100 a Month: Report The median rent in Manhattan in May surpassed a previous record set only in April this year, reaching $5,125 per month, according... Home 22 Jun 2026 | 04:04
Some are wondering about the fate of three pre-war residential buildings located at 163-167 E. 87th St. ( Photo: Solil Management) Real Estate Intrigues on the Upper East Side Block Buster—In a December 2025 East Side Observer column, I wrote that “Another demolition derby is scheduled for the 300... Voices 19 Jun 2026 | 12:38
Renderings of the new Penn Station which shows a new main entrance that is planned for the Eighth Ave. side of the station. The developer says the plan will allow for a station with natural light, soaring ceilings, and spacious platforms. ( Photo: Rendering obtained by Gothamist ) Who is Going to Pay for the $8 Billion Rebuild of Penn Station? The Trump administration has revived Andrew Cuomo’s plan to use payments from real estate development around Penn Station... News 30 May 2026 | 03:12
This building at 441 E. 12th St. in the East Village is one of four owned by LLCs tied to David Jacobson and the late Michael Ricatto. ( Photo: Zelda Nguyen ) Inside the $55 Million Foreclosure Crisis Facing an East Village Landlord If one views the four buildings between East 12th and East 14th streets, it’s easy to discern they were built in the same... News 16 May 2026 | 01:04
Jimmy’s Corner owner Adam Glenn (center-right), who inherited the dive bar from his late boxing legend father, rallied against a planned eviction of his business by the Durst Organization on April 10. ( Photo: Julia Salazar, X.com) Fight to Save Jimmy’s Corner Continues With Spirited Rally A group of city politicians and local residents held an April 10 rally to call for a halt to the planned eviction of Jimmy’s... News 22 Apr 2026 | 10:30
The average price to rent an apartment in Manhattan soared to over $5,000 a month, setting a new record. The Rent Guidelines Board, meanwhile, said that net operating income for landlords of rent stabilized apartments in core Manhattan jumped 10 percent. ( Photo: apartments.com) Average Rent Cost in Manhattan Shoots up to $5,000 Per Month The median rent in Manhattan hit a record high of $5,000 per month, a six percent increase from the previous year, a new... News 27 Mar 2026 | 04:45
Outside the front of the Waldorf Astoria Hotel which the Chinese owners are putting on block only a year after an $8 billion renovation that shut the iconic hotel for eight years was completed. ( Photo: The Waldorf Astoria) Chinese Owners of Waldorf Astoria Put Hotel on Block: Report The iconic Waldorf Astoria is about to hit the for sale market, only a year after the Chinese owners completed a massive... News 15 Feb 2026 | 06:13
Kips Bay will be getting a spiffy new life sciences complex, which will displace the Public Health Lab to Harlem and give the medical examiner’s office a new home. ( Photo: EDC ) Kips Bay Science Complex, With New City Morgue, is ‘Shovel-Ready’ New York city and state officials have announced that they’ve broken ground on a new life sciences complex coming to Kips... News 26 Dec 2025 | 02:24
Rybak Development plans to demolish 248 E. 62nd St. (above) and turn it into an 20-story luxury tower. ( Photo: Google Maps ) Coney Island Developer Pursues Luxury Tower in Lenox Hill A Coney Island-based developer is pursuing bold plans to transform a modest three-story townhouse on East 62nd Street, which... News 17 Nov 2025 | 04:35
The pit after Vornado tore down the Hotel Pennsylvania. ( Photo: Michael Oreskes ) Vornado Realty Proposes Luxury Tower for Hotel Pennylvania Site Neighborhood leaders want to put a park there. A bidder to rebuild Penn Station wants to move Madison Square Garden there.... News 10 Nov 2025 | 11:30
Tory Burch in 2009. An LLC connected to her is spearheading a lawsuit against the board of the Pierre co-op. ( Photo: Wikimedia Commons ) Pierre Residents Facing Eviction Sue Co-op Hotel Over Proposed Sale A group of residents of the Pierre, the upscale Fifth Avenue residential hotel, are suing the hotel’s board for pursuing... News 07 Nov 2025 | 10:03
