NYC New Developments

Market Insight

First look at Passive House townhome proposed for brownstone Brooklyn block Plans for a new house on the lot at 33 Joralemon Street in the Brooklyn Heights Historic District date back to 1987, when the Landmarks Preservation Commission (“Landmarks”) issued a certificate of appropriateness to then-owners David and Doris Epner. However, nothing appears to have come of it; ... Thursday, March 30, 2023

Hotly anticipated rent-stabilized lottery underway at The Brooklyn Tower As the borough's tallest tower, The Brooklyn Tower has attracted attention from architecture enthusiasts and apartment hunters alike since it was on the drawing board. In the latest new development, a housing lottery for 120 rent-stabilize units in the building has begun. Individuals and househo... Wednesday, March 29, 2023

Price Cuts: High-floor home at 35 Hudson Yards reduced by $8.95 million; Park Avenue penthouse slashed by $2.3 million Just over four years ago, the Hudson Yards mega-development opened in a lavish ceremony with elected officials, the project's developers and designers, and luminaries like Anderson Cooper, Andra Day, and Big Bird in attendance. Since then, there is little question that it has utterly transformed ... Tuesday, March 28, 2023