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Market Insight

Earlier today, Gemdale USA, the Pizzarotti Group and Madison Equities broke ground on 45 Broad Street —a gleaming mixed-use skyscraper set to rise in the heart of the Financial District. The project is sited two blocks east of the lost Tower Building —the metal-caged structure where New York’s...
 
One of the most iconic battles to decide the fate of New York City was waged, in the 1950s and ’60s, by Jane Jacobs and Robert Moses. He, a Parks Commissioner turned power broker, was known for his aggressive urban renewal projects, tearing tenements down to build higher, denser housing. She, often dismissed as a housewife, emerged as his most vocal critic—not to mention a skilled...
Mayor Bill de Blasio announced Tuesday that the city would develop the gap in the Manhattan waterfront greenway that runs between 41st and 61st Streets along the East River. The NY Times reports that the city has pledged to spend $100 million on closing the largest unfinished space in the 32-mile loop, including a new esplanade, with an additional $5 million to be spent on filling smaller...

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