Monday, July 25, 2011

Headlines and other articles of interest


I dedicate time every day to reading industry news, both in industry publications and more general press.  After the jump, a summary of a few articles that have caught my attention this week:


  • The Real Deal reports that the terms of deal inked in 2006 for development rights associated with Penn Station expansion work is causing trouble for Related and Vornado. Full article:  Related, Vornado struggle to make Penn Station expansion work. (Real-time author note:  in the past hour that I've been working on this post, all the major real estate news sources are now running with a story about Penn Station!)
  • DNAInfo covered the redevelopment announcement from the city's Economic Development Corporation for the Corn Exchange Building and the former Taystee Bakery complex in West Harlem. One new presence? A brewery! Read more:  Languishing Corn Exchange and Taystee Bakery sites to be Developed.
  • Curbed congratulates 88 Morningside -  the tops in sales for the past 4 quarters, now it received a certificate of occupancy (C of O) so closings can begin.  Read more:  88 Morningside cleared to close.
  • Over in the RED wrap, Crain's NY sees developers pitching their apartments to technology denizens - as they become the dominant force in the Manhattan apartment market.  Read the full article:  Tekkies take the residential cake.
  • The Observer wants help naming a part of midtown.  Read more at:  Help Us Name a Swath of Midtown!
  • BrickUnderground outlines six (6) steps to getting a work permit in its renovation chronicles.  Read the how-to at:  NYC Renovation Chronicles
Happy Reading!

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