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Sheepshead Bay mosque becomes a political pawn

Despite having won court support, a controversial mosque being built in Sheepshead Bay has found a fresh opponent in State Senator David Storobin, who is currently running for reelection in the new...

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Economist sees dip in the number of foreign buyers

Trulia’s chief economist, in a Forbes column wrote that the number of foreign buyers who are searching for U.S. homes have dipped 10 percent year-over-year. “Foreign searches are becoming a smaller...

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Chabad is latest newcomer to gentrified Bowery

Previously unforeseeable changes have come to the Bowery in recent years, and few things are better symbols of the transformation than the shiny new 7-Eleven located at the base of a glassy, Robert...

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As toll hikes meet resistance, PA faces tough choice

The Port Authority of New York & New Jersey is facing a difficult choice: forge ahead on unpopular toll increases or risk a lower credit rating. The Port Authority’s costs have been skyrocketing of...

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Developer plans third Fresh Meadows hotel to residents’ dismay

Great Neck, N.Y.-based Mayflower Business Group has plans to build a 12-story hotel on a relatively quiet block in the Fresh Meadows section of Queens, the Queens Chronicle reported, and residents are...

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Lightning strikes Brooklyn apartment building, 24 firefighters injured

A fire erupted on the top floor of a seven-story building at 665 New York Avenue in Holy Cross, Brooklyn this morning, injuring 24 firefighters, the New York Times reported. Their injuries were mostly...

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Employee indicted for allegedly burning down Madison Avenue shop

A former employee of a Madison Avenue men’s store has been indicted on charges of arson and reckless endangerment for allegedly setting fire to the upscale store, the New York Observer reported. He was...

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Last tunnel-boring machine finishes its work for MTA projects, CUNY’s Harlem...

Second Avenue Subway tunnel The last tunnel-boring machine finished its work in carving 13 miles of new tunnels for East Side Access, the Second Avenue Subway and the extension of the 7 line....

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Gov. Christie opposes gambling expansion to protect Atlantic City

Just as New York appears closer to legalizing gambling, New Jersey Governor Chris Christie is blocking attempts to expand his state’s gambling options beyond Atlantic City, according to Bloomberg News....

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After shuttering stores, Shoe Mania faces lawsuit

Bank Leumi USA has filed a lawsuit against Shoe Mania Holding Inc., alleging the retailer quietly shuttered its three Manhattan stores on the night of July 17 and, despite being in default on a $2...

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A sneak peek at Sag Harbor’s Watchcase residences

While the launch of sales at the Watchcase Factory condo renovation in Sag Harbor is still months off, would-be buyers finally got a glimpse at the long awaited 64-unit development, courtesy of its new...

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$74M Prospect Park restoration nears completion

Nearly five years after architects Tod Williams & Billie Tsien unveiled their designs for Prospect Park’s long neglected Lakeside, the first part of the $74 million project is finally scheduled to...

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Extell taps Avison Young for tricky building sale

A Midtown office building owned by Extell Development could be yours — at least for now. Gary Barnett’s firm has put the 15-story, 94,000-square-foot building at 20 East 46th Street on the market,...

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Credit loosening? Don’t bet on it

With home prices rising in many markets around the country, might mortgage lenders start loosening up on their hyper-strict underwriting rules and extend loans to buyers who now find themselves on the...

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Cushman test drives pedestrian-tracking sensors

A startup backed by billionaire businessman Mark Cuban is testing a new technology that would allow landlords and retailers to collect data on pedestrian and vehicle traffic around their buildings. The...

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Brokers mix real estate with restaurants

Spending all day running around the city matching buyers and sellers can work up quite an appetite in brokers, and a handful of them have a place they can call their own to satiate that hunger. The New...

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Rowing for real estate

From the August issue: In recent years, the real estate industry has done its best to stay afloat. The Young Men’s/Women’s Real Estate Association of New York, which provides networking opportunities...

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Empire State Building IPO faces new challenge, John Catsimatidis readies...

FDR Four Freedoms Park (credit: Untapped Cities) Roosevelt Island's FDR Four Freedoms Park approaches completion 40 years after it was originally designed. There's a new challenge for the Empire State...

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Queens neighborhoods rezoned to fight off multi-family developers

In an effort to preserve the suburban character of the area, City Council voted to approve the rezoning of approximately 200 blocks in Woodhaven and Richmond Hill – the first zoning changes to the...

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Top residential agents of the week

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