Television personalities-turned-developers Ricky Paull Goldin and Gretta Monahan bought the Sag Harbor home at 110 Division St. for $1.45 million. ... Read full Story
Exterior work continues on 240 Willoughby Street, a 30-story residential building in Fort Greene, Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group, which purchased the property for $95 million in 2019, the structure will yield 300 rental units with 147 dedicated to affordable housing. 240 Willoughby LLC is the owner of the property, which directly abuts an existing 21-story apartment building that is simultaneously undergoing extensive renovations. The development is bound by Willoughby Street to the north, the Brooklyn Hospital Center to the south, Fort Greene Park to the east, and Ashland Place to the west. ... Read full Story
By New York YIMBY | Max Gillespie | 7/26/2024 7:31 AM
Naftali Credit Partners has issued a $13.4 million mezzanine loan for the development of 813-815 Broadway, a new residential property in Greenwich Village, Manhattan. The loan is part of the $31.4 million in mezzanine financing recently issued by Naftali to Magnum Real Estate Group, the project's developer. ... Read full Story
The affordable housing lottery has launched for Bridge Rockaway Apartments, a pair of six- and seven-story mixed-use towers at 203 Newport Street in Brownsville, Brooklyn. Designed by Think! Architecture and Design and developed by Mega Development, nonprofit industrial developer Greenpoint Manufacturing and Design Center, and The Bridge, the structure yields 174 residences. Available on NYC Housing Connect are 86 units for residents at 30 to 70 percent of the area median income (AMI), ranging in eligible income from $24,480 to $134,820. ... Read full Story
Permits have been filed for a five-story residential building at 376 Vernon Avenue in Stuyvesant Heights, Brooklyn. Located between Stuyvesant Avenue and Lewis Avenue, the lot is near the Myrtle Avenue subway station, serviced by the J, M, and Z trains. Yitzchok Schwartz of YS Developers is listed as the owner behind the applications. ... Read full Story
“Only five of the top 20 markets were priced higher than the U.S. median in June, underscoring the importance of affordability to today’s buyers,” a senior economic research analyst says. ... Read full Story
Soaring housing prices are causing Americans to rethink their “dream home” and “dream workspace,” where luxury is out and practicality is in. ... Read full Story
Austin was ranked the best rental market in the United States based on the number of affordable renting options and job opportunities, according to a new report by Realtor.com®. ... Read full Story
Film composer David Newman, son of famed composer Alfred Newman, is selling a five-bedroom Malibu home designed by Frank Lloyd Wright's son. ... Read full Story
Below-grade work is continuing at 255 East 77th Street, the site of a 36-story residential skyscraper in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Robert A. M. Stern Architects with Hill West Architects as the architect of record and developed by Naftali Group, the 500-foot-tall structure will span 170,481 square feet and yield 62 condominium units, as well as 3,861 square feet of retail space, two cellar levels, and 33 enclosed parking spaces. The property is alternately addressed as 1481 Second Avenue and located at the corner of Second Avenue and East 77th Street. ... Read full Story
Just north of Miami, where affluent homeowners are now priced out by the likes of Jeff Bezos and Ken Griffin, there's a new haven for those seeking a deal. ... Read full Story
The fourth-floor duplex co-op Adam Horovitz grew up in — at 726 Washington between Bank and West 11th streets — is now in new hands. ... Read full Story
From the tallest residential tower in the world to a penthouse with beach house vibes in the center of New York City—and even some properties priced under $1 million—take a look at five “Owning Manhattan” listings that have yet to find an owner. ... Read full Story
Merriam-Webster's Word of the Day for July 26, 2024 is:
herald \HAIR-uld\ verb
Herald is a verb meaning "to give notice of"; it is synonymous with announce, publicize, and foreshadow. Herald may also mean "to greet especially with enthusiasm."
// The appearance of robins heralded the advent of spring.
// She is being heralded as the year's best new author.
"Trumpets herald the arrival of the players at the arena." — Simon Webster, The New Yorker, 14 Dec. 2023
Did you know?
While herald the verb is more common today, herald the noun is older. When the word was first welcomed into English in the early 14th century, it referred to an official at a tournament (one of those knightly sporting events the Middle Ages are famous for). The herald's duties included making announcements, hence the word's uses relating to announcements both literal and metaphorical. The word is ultimately Germanic in origin, though like so many words of 14th century vintage, it came to English by way of Anglo-French. The resemblance between herald and the name Harold is not coincidental: Harold is a modern form of Chariovalda, the name of a 1st century C.E. leader of the Batavi, a tribe who lived on the lower Rhine. The Germanic source of Chariovalda, haria-, is also the source of herald.