Although home values surged over that period, the annual increase in 2024 was driven primarily by higher mortgage costs, insurance fees, and other hidden costs of homeownership. ... Read full Story
The late maestro, who was fired following a Met investigation revealing a history of sex abuse, shared this perch with the oboist Suzanne E. Thomson. ... Read full Story
Earthwork is underway at 200 Douglass Street, the site of a 22-story residential tower in Gowanus, Brooklyn. Designed by Ismael Leyva Architects and developed by Midwood Investment & Development, the 225-foot-tall structure will span 300,000 square feet and yield 270 rental units with an average scope of 750 square feet. The development will also include 19,000 square feet of retail space and 42 enclosed parking spaces. The property is bounded by Douglass Street to the north, DeGraw Street to the south, and Bond Street to the west. ... Read full Story
By New York YIMBY | Max Gillespie | 9/11/2025 7:30 AM
The New York City Economic Development Corporation (NYCEDC) and Solar One have opened the Solar One Environmental Education Center, a two-story facility at the north waterfront end of Stuyvesant Cove Park in Stuyvesant Town, Manhattan. Designed by Bjarke Ingels Group, the 6,400-square-foot center will serve as both an educational hub and a model for coastal resiliency, featuring classrooms, community spaces, and offices. The development is located along the East River off East 23rd Street. ... Read full Story
The affordable housing lottery has launched for 205 Cabrini Boulevard, a six-story residential building in Washington Heights, Manhattan. Designed by Rise Architecture and developed by Yisroel Eckstein under the Gold Chip Ventures LLC, the structure yields 21 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $131,760 to $227,500.
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Permits have been filed for a 13-story mixed-use building at 2361 Second Avenue in East Harlem, Manhattan. Located at the intersection of Second Avenue and East 121st Street, the lot is near the 125th Street subway station, served by the 4, 5, and 6 trains. Abraham Biller of Arenda Management LLC is listed as the owner behind the applications.
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Wood was a common construction material until the city updated its fire codes -- and now, buyers can live in a relic of a 19th-century past on Dean Street. ... Read full Story
Rolling Stone Farm, in Croton-on-Hudson, has storybook cottages and equestrian facilities across its massive swath -- and now it's seeking a new steward. ... Read full Story
According to CBRE, a surging population of AI talent is earning a lot of money -- and they're spending it to live in tech hubs across North America. ... Read full Story
Days after floating the possibility of taking emergency measures to address the housing crisis, President Donald Trump has promised to put homeownership back into reach for those priced out of the market. ... Read full Story
By New York YIMBY | Michael Young | 9/10/2025 8:01 AM
Yesterday, YIMBY attended a special block party at the JPMorgan Tower, the company's recently opened 1,389-foot-tall headquarters at 270 Park Avenue in Midtown East. Designed by Norman Foster of Foster + Partners and developed by Tishman Speyer, the 60-story supertall skyscraper yields 2.5 million square feet of office space with a capacity of 14,000 employees, and is the tallest structure in New York completely powered by hydroelectric energy. Adamson Associates was the architect of record and Gensler is the workplace designer for the $3 billion project, which occupies a full city block bounded by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west. ... Read full Story
By New York YIMBY | Max Gillespie | 9/10/2025 7:31 AM
NYC Parks has completed a $4.3 million reconstruction of Jennie Jerome Playground at 1650 Jerome Avenue in Tremont, The Bronx. Funded by the NYC Mayor’s Office, reconstruction efforts delivered upgraded recreational amenities as part of the Community Parks Initiative. Parks Commissioner Iris Rodriguez-Rosa joined Bronx Borough President Vanessa L. Gibson, Community Board 5, and local residents to cut the ribbon on the project. Work was ... Read full Story
The affordable housing lottery has launched for 1601 DeKalb Avenue, a nine-story residential building in Bushwick, Brooklyn. Designed by Aufgang Architects and developed by Camber Property Group and RiseBoro Community Partnership, the structure yields 127 residences. Available on NYC Housing Connect are 81 units for residents at 40 to 120 percent of the area median income (AMI), ranging in eligible income from $30,823 to $241,080. ... Read full Story
Permits have been filed for a four-story residential building at 552 Ovington Avenue in Bay Ridge, Brooklyn. Located between 5th and 6th Avenues, the lot is two blocks from the Bay Ridge Avenue subway station,... ... Read full Story
A report from Redfin projects that an Orange County metro is unlikely to return to pre-COVID affordability levels, even if prices flatline for years to come. ... Read full Story
Cities may be thought of as glamorous and exciting, but many Americans prefer the suburbs. And with thousands of them to choose from, how to know which suburb to pick? ... Read full Story
The city is offering landlords with unrentable rent-stabilized units big bucks to bring them back to life -- but they're skeptical of relying on city funds. ... Read full Story
“This isn’t new territory for the band—beginning with 2018’s Modern Meta Physic, Peel Dream Magazine have taken cues from bands like Stereolab and Pram, exploring the ways that rigid, droning repetition can make time feel rubbery. As they snap back into the present, Black sings, ‘Millions of light years, all of them ours.’ The past and future fold into themselves, braided together in perpetuity.” — Dash Lewis, Pitchfork, 4 Sept. 2024
Did you know?
Perpetuity is a “forever” word—not in the sense that it relates to a lifelong relationship (as in “forever home”), but because it concerns the concept of, well, forever. Not only can perpetuity refer to infinite time, aka eternity, but it also has specific legal and financial uses, as for certain arrangements in wills and for annuities that are payable forever, or at least for the foreseeable future. The word ultimately comes from the Latin adjective perpetuus, meaning “continual” or “uninterrupted.” Perpetuus is the ancestor of several additional “forever” words, including the verb perpetuate (“to cause to last indefinitely”) and the adjective perpetual (“continuing forever,” “occurring continually”). A lesser known descendent, perpetuana, is now mostly encountered in historical works, as it refers to a type of durable wool or worsted fabric made in England only from the late 16th through the 18th centuries. Alas, nothing is truly forever.