amNewYork » Real Estate
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New York City Real Estate - Get the latest stories, photos, and videos covering the Local Real Estate scene, all in one place on amNY. Focused on New York City local news and events, amNY provides the latest and most interesting information about New York City - be it breaking news, transportation, healthcare, politics, and education, or dining, nightlife, and real estate.
amNewYork » Real Estate
1d ago
New York City Football Club (NYCFC) celebrated the recent approval of a new 25,000-seater stadium in Willets Point with a 2-0 victory over DC United at Citi Field on Saturday, Apr. 20.
Goals from Santiago Rodriguez and Julián Fernández gave NYCFC a deserved victory that saw them leapfrog DC United and move into ninth place in the Eastern Conference table.
The game began in tit-for-tat fashion, with New York surviving an early scare after DC’s Christopher McVey saw a looping header glance off the crossbar.
New York, however, had the better of the opening exchanges and took a d ..read more
amNewYork » Real Estate
4d ago
The environmental clean-up at Public Place — one of the most contaminated sites in Gowanus and the future home of the massive Gowanus Green development — has ground to a halt, threatening to delay construction of hundreds of affordable apartments.
As per the 2021 Gowanus Rezoning agreement, Public Place is the future home of 950 affordable apartments, a new public school, and a waterfront park. But none of those projects can break ground until remediation is finished.
The site is polluted with a century’s worth of carcinogenic coal tar, a byproduct of gas production, from the Citiz ..read more
amNewYork » Real Estate
5d ago
It has long been said that buying a home near a park in Manhattan can cost a pretty penny. But is that always the case when it comes to real estate in the borough? Not according to a new report released this week by PropertyShark.
Experts at the real-estate data provider analyzed home prices in Manhattan. They set out to see how much homes cost next to the borough’s major parks — including Central Park — compared to properties in the same neighborhoods located away from the green spaces. What they found was not necessarily what house hunters would expect.
The report revealed that s ..read more
amNewYork » Real Estate
1w ago
The once-popular Triple Crown Diner, which has been closed for years, has now become a makeshift residence for a group of squatters.
The iconic eatery, once known for its round-the-clock service and bustling crowds, now presents a stark contrast with shattered glass doors and an overwhelming stench indicating long-term habitation.
Photo by Czarinna Andres
Recently, local residents have reported the deterioration of the building located at the corner of Jericho Turnpike and Commonwealth Boulevard, with there being clear signs of squatters and forced entry.
The diner’s glass doors appear to have ..read more
amNewYork » Real Estate
1w ago
An affordable housing lottery has opened in Manhattan, this time with 135 newly constructed units in Hudson Yards.
Located at 451 10th Ave, the new units will be affordable to households earning between 40 and 120 percent of the area median income.
Of the 135 units, 64 are studios ranging in price from $848 to $2,716 a month; 60 1-bedrooms ranging from $903 to $3,905 a month; and 11 2-bedrooms ranging from $1,671 to $3,473 a month.
Photo via NYC Housing Connect
The pet-friendly units include new high-end finishes and appliances, including in-unit dishwashers and washers and dryers, and air con ..read more
amNewYork » Real Estate
1w ago
The excavation process of the property at 41-08 Crescent St. in Astoria is underway. Photo by Michael Young/New York YIMBY
Apr. 10, 2024 By Ethan Marshall
The excavation process for the property at 41-08 Crescent St. in Astoria is set to begin, marking the first step towards the construction of a 17-story residential tower, according to New York YIMBY.
The 30,102-square-foot-long lot has already been surrounded by construction fencing. Machines for the construction work are expected to arrive on site within the coming weeks.
Photo by Michael Young/New York YIMBY
The 189-foot-tall structure exp ..read more
amNewYork » Real Estate
2w ago
Buying a home anywhere is a challenge right now, but that’s especially true in NYC, where the process can feel as unattainable as a work of fine art. StreetEasy’s newest brand campaign, “Let The Journey Begin,” mixes Renaissance flair and classic art to capture the conflicted feelings experienced throughout the journey of purchasing a home in New York City.
StreetEasy decided to take a new approach this year, creating a full 360 degree campaign with visually arresting pieces of artwork. From subway cars to taxi tops and even a takeover of the Broadway-Lafayette station, the eye-catching ..read more
amNewYork » Real Estate
2w ago
Taller residences, less parking, and more infill buildings will be allowed in New York City if the mayor’s City of Yes for Housing Opportunity zoning changes go ahead as planned. The draft text for the proposal was released today by the NYC Department of City Planning, the final installment in the sweeping City of Yes zoning proposals that supporters say will increase climate-friendly infrastructure, small business growth, and housing affordability.
The rule changes would let developers build 20 percent bigger buildings if the extra density remains affordable to households earning up to 60 per ..read more
amNewYork » Real Estate
2w ago
Willets Point’s long-awaited transformation from industrial wasteland to Queens’ newest neighborhood got the green light from the City Council Thursday.
The legislature approved on April 11 a massive redevelopment that includes a brand new soccer stadium for the New York City Football Club (NYCFC), which has played home games at Yankee Stadium or Citi Field since its inception, and a 100% 2,500-unit affordable housing project that is the city’s largest in four decades.
Mayor Eric Adams called the plan “the goal of the decade” that will generate billions of dollars in new economic activity, and ..read more
amNewYork » Real Estate
2w ago
Queens accounted for the most foreclosures among the New York City boroughs in the first quarter of 2024, with 191, according to a report by the real estate agency PropertyShark.
These 191 foreclosures accounted for 45% of the 424 cases that occurred in New York City this quarter. Its volume was equivalent to the amount of first-time filings in Brooklyn, Manhattan and Staten Island combined. This amount of foreclosures also marked the most in Queens since there were 294 in the first quarter of 2020, when the COVID-19 pandemic began.
Photo courtesy of PropertyShark
The 11377 zip code, which cov ..read more