NYC Real Estate Roundup

MARCH 6, 2012

Big-ticket Streets
What blocks are Manhattan’s priciest? Based on 2010 and 2011 residential real estate transactions, East 70th and East 71st streets at Fifth and Park Avenues led NYC luxury apartments at 730 Park Avenue the way, according to a report in Curbed. The median apartment sales price: $8.925 million. Currently on the market: a three-bedroom apartment at 730 Park Avenue (shown)--an elegant 20-story building completed in 1929--for an even $9 million.

New Pool for Waterfront Park
Brooklyn Bridge Park will be making a splash this summer with a new temporary 30-by-50-foot pool opening at Pier 2. The waterfront park, which the New York Observer calls the “best new park in the city that’s not the High Line,” will also be getting a regulation-size soccer field. Residents of the condos at One Brooklyn Bridge Park—the only residential building within the Park—should be pleased.

Whole Foods Comes to Brooklyn
The first Brooklyn branch of Whole Foods Market was finally given the ok by the city’s Board of Standards and Appeals to build a 52,000 square-foot store at the intersection of Third Avenue and Third Street in Gowanus. Plans for the store–set to open in 2013–will also include a rooftop greenhouse. Local residents have expressed concern that the grocery giant will hurt small businesses in the area, but also acknowledged that the store will likely have a positive impact on real estate property values (WSJ).

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NYC Real Estate Roundup

MARCH 6, 2012

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