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		<title>Real estate bigwigs owe hundreds of thousands each in state taxes, records show</title>
		<link>http://www.manhattan-homes.net/2010/03/real-estate-bigwigs-owe-hundreds-of-thousands-each-in-state-taxes-records-show/</link>
		<comments>http://www.manhattan-homes.net/2010/03/real-estate-bigwigs-owe-hundreds-of-thousands-each-in-state-taxes-records-show/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 00:15:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Manhattan Real Estate]]></category>

		<guid isPermaLink="false">http://ny.therealdeal.com/articles/27314</guid>
		<description><![CDATA[<div><a href="http://therealdeal.com/newyork/articles/real-estate-bigwigs-including-agnes-nolan-w-p-carey-jpmorgan-bernard-madoff-annie-leibovitz-crowne-plaza-jfk-owe-hundreds-of-thousands-each-in-state-taxes-documents-show/edit"><img src="http://s3.amazonaws.com/trd_three/images/183160/hotels.jpg" style="border: 1px solid black"></a><br />From left: Crowne Plaza JFK, which owes nearly $950,000 in overdue taxes and the Holiday Inn JFK, which owes more than $850,000 <br /><br /></div>Tax debtors beware: New York State is calling you out.

Last Friday, the New York State Department of Taxation and Finance went live on its Web site with lists of the top 250 individual and corporate tax debtors in the state.

The individual debtors range from Onandaga County resident Bradley Cooke, who owes $381,509, to Irving Bilzinsky, the former Scores strip clubs owner from Brooklyn who topped out the list with more than $15 million outstanding taxes from between 2007 and 2009. Among businesses, Gui Hong Chen, of Queens, took the top spot with more than $19 million in unpaid corporate taxes.

This week, <i>The Real Deal</i> combed through the newly-public documents to find the worst offenders in New York City real estate.

They include luxury broker Agnes Nolan and her late husband, who owe more than $850,000 in personal income taxes, a subsidiary of real estate investment firm W.P. Carey, which has a warrant out for roughly $464,000, and JPMorgan Chase Bank, which owes upwards of $300,000 (see the full list after the jump).

Perhaps the highest-profile individuals listed were Ponzi-schemer Bernard Madoff (No. 69, with $984,281 in sales taxes) and celebrity fashion photographer Annie Leibovitz (No. 83, with $503,740 in personal income taxes outstanding). Earlier this week, Leibovitz narrowly avoided emergency sales of her four New York homes -- three Greenwich Village brownstones and part of the Astor family's estate in Rhinebeck, N.Y. -- when a Los Angeles private equity firm specializing in distressed real estate agreed to take on her millions of dollars in debt.
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			<content:encoded><![CDATA[<div style="width: 520px; font-size: 80%; line-height: normal; color: rgb(112, 112, 112); text-align: left;"><a href="http://therealdeal.com/newyork/articles/real-estate-bigwigs-including-agnes-nolan-w-p-carey-jpmorgan-bernard-madoff-annie-leibovitz-crowne-plaza-jfk-owe-hundreds-of-thousands-each-in-state-taxes-documents-show/edit"><img src="http://s3.amazonaws.com/trd_three/images/183160/hotels.jpg" style="border: 1px solid black;" alternate="" text=""></a><br />From left: Crowne Plaza JFK, which owes nearly $950,000 in overdue taxes and the Holiday Inn JFK, which owes more than $850,000 </p>
</div>
<p>Tax debtors beware: New York State is calling you out.</p>
<p>Last Friday, the New York State Department of Taxation and Finance went live on its Web site with lists of the top 250 individual and corporate tax debtors in the state.</p>
<p>The individual debtors range from Onandaga County resident Bradley Cooke, who owes $381,509, to Irving Bilzinsky, the former Scores strip clubs owner from Brooklyn who topped out the list with more than $15 million outstanding taxes from between 2007 and 2009. Among businesses, Gui Hong Chen, of Queens, took the top spot with more than $19 million in unpaid corporate taxes.</p>
<p>This week, <i>The Real Deal</i> combed through the newly-public documents to find the worst offenders in New York City real estate.</p>
<p>They include luxury broker Agnes Nolan and her late husband, who owe more than $850,000 in personal income taxes, a subsidiary of real estate investment firm W.P. Carey, which has a warrant out for roughly $464,000, and JPMorgan Chase Bank, which owes upwards of $300,000 (see the full list after the jump).</p>
<p>Perhaps the highest-profile individuals listed were Ponzi-schemer Bernard Madoff (No. 69, with $984,281 in sales taxes) and celebrity fashion photographer Annie Leibovitz (No. 83, with $503,740 in personal income taxes outstanding). Earlier this week, Leibovitz narrowly avoided emergency sales of her four New York homes &#8212; three Greenwich Village brownstones and part of the Astor family&#8217;s estate in Rhinebeck, N.Y. &#8212; when a Los Angeles private equity firm specializing in distressed real estate agreed to take on her millions of dollars in debt.</p>
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		<title>SL Green moves to buy $250M in debt</title>
		<link>http://www.manhattan-homes.net/2010/03/sl-green-moves-to-buy-250m-in-debt/</link>
		<comments>http://www.manhattan-homes.net/2010/03/sl-green-moves-to-buy-250m-in-debt/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 23:15:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Manhattan Real Estate]]></category>

		<guid isPermaLink="false">http://ny.therealdeal.com/articles/27313</guid>
		<description><![CDATA[SL Green Realty is angling to buy back as much as $250 million by issuing bonds in an effort to consolidate its assets. The company hopes to raise capital through a tender offer, set to expire April 7 this year, through which it will issue debt bonds, issued by partner company SL Green Operating Partnership. “This is prudent and further strengthens SL Green's liquidity position by effectively extending maturities,” Michael Knott, an analyst with Green Street Advisors, told Crain's. “While the company’s overall leverage remains on the high side relative to some key peers, that is not impacting SL Green's ability to run its business and make investments.” <i>TRD</i>
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			<content:encoded><![CDATA[<p>SL Green Realty is angling to buy back as much as $250 million by issuing bonds in an effort to consolidate its assets. The company hopes to raise capital through a tender offer, set to expire April 7 this year, through which it will issue debt bonds, issued by partner company SL Green Operating Partnership. “This is prudent and further strengthens SL Green&#8217;s liquidity position by effectively extending maturities,” Michael Knott, an analyst with Green Street Advisors, told Crain&#8217;s. “While the company’s overall leverage remains on the high side relative to some key peers, that is not impacting SL Green&#8217;s ability to run its business and make investments.” <i>TRD</i></p>
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		<title>CurbedWire: Jay-Z&#8217;s Hardhat Style; Park Millennium Gets Some Pub</title>
		<link>http://www.manhattan-homes.net/2010/03/curbedwire-jay-zs-hardhat-style-park-millennium-gets-some-pub/</link>
		<comments>http://www.manhattan-homes.net/2010/03/curbedwire-jay-zs-hardhat-style-park-millennium-gets-some-pub/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 23:01:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[atlantic yards]]></category>
		<category><![CDATA[Barclays Center]]></category>
		<category><![CDATA[curbedwire]]></category>
		<category><![CDATA[development battles]]></category>
		<category><![CDATA[Forest City Ratney]]></category>
		<category><![CDATA[megaprojects]]></category>
		<category><![CDATA[Park Millennium]]></category>
		<category><![CDATA[Prospect Heights]]></category>
		<category><![CDATA[Upper West Side]]></category>

		<guid isPermaLink="false">tag:ny.curbed.com,2010://1.237049</guid>
		<description><![CDATA[ ATLANTIC YARDS&#8212;Not satisfied by our iPhonetactular liveblog of the Barclays Center groundbreaking today? The city has distributed this up-close photo of Bruce, Mike, Dave, Marty, Jigga and the gang putting shovel to dirt. Gotta love how Jay-Z even does...]]></description>
			<content:encoded><![CDATA[<p><img alt="2010_3_groundbreaking.jpg" src="http://ny.curbed.com/uploads/2010_3_groundbreaking.jpg" width="528" height="352" /></p>
<p><b><i>ATLANTIC YARDS&#8212;</b></i>Not satisfied by our iPhonetactular <a href="http://ny.curbed.com/archives/2010/03/11/liveblogging_the_barclays_center_groundbreaking.php">liveblog</a> of the Barclays Center groundbreaking today? The city has distributed this up-close photo of <b>Bruce, Mike, Dave, Marty, Jigga</b> and the gang putting shovel to dirt. Gotta love how Jay-Z even does that cool hat tilt thing with his hardhat. Hov! [CurbedWire Inbox]</p>
<p><b><i>UPPER WEST SIDE&#8212;</b></i>Yesterday we <a href="http://ny.curbed.com/archives/2010/03/10/coned_scars_crosby_street_15_cpw_gets_more_press.php">pointed out</a> a glorious <i>Architectural Digest</i> slideshow of a 46th floor Upper West Side apartment, and we figured someone would ID the mystery building while yelling at us for our ignorance. A tipster writes: &#8220;Hopefully you don&#8217;t mind if I don&#8217;t yell, but it&#8217;s almost assuredly from The <b>Park Millennium</b> aka 111 w67th St nee 1992 Broadway.  There aren&#8217;t many other buildings that tall in the area with that set of views, and the window spandrels match perfectly. They must have a unit that&#8217;s the whole south side of the building, since you can see the Trump Riverside stuff from the bedroom and the smoke stacks at Ravenswood out the other side (and then there&#8217;s the view of TWC to the south). I was going to mention the April AD too, since I bought a copy for the great 15CPW photos, but clearly someone yelled me to it.&#8221; [CurbedWire Inbox]</p>
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		<title>Linkage: Riverton Houses Auctioned; Crane Comes Down at Beekman Tower</title>
		<link>http://www.manhattan-homes.net/2010/03/linkage-riverton-houses-auctioned-crane-comes-down-at-beekman-tower/</link>
		<comments>http://www.manhattan-homes.net/2010/03/linkage-riverton-houses-auctioned-crane-comes-down-at-beekman-tower/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 22:52:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[linkage]]></category>

		<guid isPermaLink="false">tag:ny.curbed.com,2010://1.237046</guid>
		<description><![CDATA[ [An LIC construction site by moonlight, via Curbed Photo Pool/liQcity] &#183; Riverton Houses' special servicer wins title to property for $125 million [Real Deal] &#183; Crane's coming down at Gehry's Beekman Tower [LMCCC] &#183; Port Authority digs in heels...]]></description>
			<content:encoded><![CDATA[<p><img alt="linkage3-11-2010.jpg" src="http://ny.curbed.com/uploads/linkage3-11-2010.jpg" width="528" height="393" /><br />
<span class="credit">[An LIC construction site by moonlight, via <A HREF="http://www.flickr.com/photos/liqcity/4420806287/in/pool-curbed">Curbed Photo Pool/liQcity</A>]</span></p>
<p>&#183; <A HREF="http://therealdeal.com/newyork/articles/cwcapital-to-take-title-to-larry-gluck-riverton-houses-at-auction-today"><b>Riverton Houses&#8217;</B> special servicer wins title to property for $125 million</A> [Real Deal]<br />
&#183; <A HREF="http://www.lowermanhattan.info/news/beekman_tower_crane_removal_96616.aspx">Crane&#8217;s coming down at Gehry&#8217;s <b>Beekman Tower</b></A> [LMCCC]<br />
&#183; <A HREF="http://www.nydailynews.com/ny_local/2010/03/11/2010-03-11_port_authority_fights_against_using_public_funds_for_new_wtc_towers_that_might_s.html?r=ny_local&#038;utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+nydnrss%2Fny_local+%28NY+Local%29">Port Authority digs in heels before tomorrow&#8217;s <b>WTC deadline</B></A> [NYDN]<br />
&#183; <A HREF="http://www.realtown.com/SandyMattingly/blog/loft-neighborhoods-tribeca/serial-renovaters-selling-45-crosby-street-to-buy-18-desbrosses-street">Tracking Manhattan&#8217;s <B>serial renovators</B></A> [MLG]<br />
&#183; <A HREF="http://pardonmeforasking.blogspot.com/2010/03/look-at-prospect-park-lakeside-project.html">Construction watch: Prospect Park&#8217;s <b>Lakeside</b> project</A> [PMFA]<br />
&#183; <A HREF="http://www.dezeen.com/2010/03/11/genetic-stair-by-caliper-studio/?utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+dezeen+%28Dezeenfeed%29">Art collectors put <b>gallery-style staircase</B> in their apartment</A> [Dezeen]<br />
&#183; <A HREF="http://cityroom.blogs.nytimes.com/2010/03/11/answers-about-the-gowanus-canal-part-2/">Answers to some questions about <b>Gowanus Superfunding</b></A> [NYT]<br />
&#183; <A HREF="http://myupperwest.com/upper-west-side/rubenstein-atrium-gold-green/"><b>Rubenstein Atrium</b> gets LEED Gold certified</A> [My Upper West]<br />
&#183; <A HREF="http://www.streetsblog.org/2010/03/11/safer-bowery-les-bike-lanes-clear-manhattan-cb3-committee/">CB 3 committee likes new <B>LES bike lane</b> proposal</A> [Streetsblog]</p>
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		<title>Comment of the Day: &#8220;I was by the building on&#8230;</title>
		<link>http://www.manhattan-homes.net/2010/03/comment-of-the-day-i-was-by-the-building-on/</link>
		<comments>http://www.manhattan-homes.net/2010/03/comment-of-the-day-i-was-by-the-building-on/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 22:36:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">tag:ny.curbed.com,2010://1.237043</guid>
		<description><![CDATA["I was by the building on Madison Park today. Although I hate what it did to the park, it is an attractive building, very elegant and transparent. It is neither dull nor uninspired. Of course, the fact that I like...]]></description>
			<content:encoded><![CDATA[<p><a href="http://ny.curbed.com/archives/2010/03/11/tribeca_arrested_development_winds_up_on_ebay.php">&#8220;I was by the building on Madison Park today</a>. Although I hate what it did to the park, it is an attractive building, very elegant and transparent. It is neither dull nor uninspired. Of course, the fact that I like it makes me hate it even more!&#8221;&#8212;<a href="http://ny.curbed.com/users/635">Sai Baba</a> [Tribeca Arrested Development Winds Up on eBay]</p>
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		<title>Hotel biz posts improved occupancy, revenues</title>
		<link>http://www.manhattan-homes.net/2010/03/hotel-biz-posts-improved-occupancy-revenues/</link>
		<comments>http://www.manhattan-homes.net/2010/03/hotel-biz-posts-improved-occupancy-revenues/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 22:30:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Manhattan Real Estate]]></category>

		<guid isPermaLink="false">http://ny.therealdeal.com/articles/27311</guid>
		<description><![CDATA[The U.S. hotel industry posted increased occupancy and revenue per available room numbers for the week ending March 6, according to data from Smith Travel Research, a rare bright spot in what has been a shaky couple of years for the hospitality sector. The 0.9 percent revenue per available room, or revpar, increase, to $52.75, was the third in 18 months and the first that wasn't holiday-related. Luxury hotels reported the largest increase in revpar, up 10.2 percent to $160.19. Occupancy was up overall to 54.9 percent from 50.9 percent one week earlier, while the average daily rate dropped 3 percent to $96.05. Luxury hotels also were most-improved in terms of occupancy, up 16.5 percent to 66.4 percent. The Miami-Hialeah market was the most-improved region with average daily rates up 10.1 percent to $189.37. “The growth in year-over-year revpar is significant because the occupancies are clearly showing an improvement and the decline in rates is finally starting to slow,” said Randy Smith, co-founder and CEO of Smith Travel Research. “While the size of the revpar increase is not significant, it is a clear sign that the outlook for the industry is improving." <i>TRD</i>
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			<content:encoded><![CDATA[<p>The U.S. hotel industry posted increased occupancy and revenue per available room numbers for the week ending March 6, according to data from Smith Travel Research, a rare bright spot in what has been a shaky couple of years for the hospitality sector. The 0.9 percent revenue per available room, or revpar, increase, to $52.75, was the third in 18 months and the first that wasn&#8217;t holiday-related. Luxury hotels reported the largest increase in revpar, up 10.2 percent to $160.19. Occupancy was up overall to 54.9 percent from 50.9 percent one week earlier, while the average daily rate dropped 3 percent to $96.05. Luxury hotels also were most-improved in terms of occupancy, up 16.5 percent to 66.4 percent. The Miami-Hialeah market was the most-improved region with average daily rates up 10.1 percent to $189.37. “The growth in year-over-year revpar is significant because the occupancies are clearly showing an improvement and the decline in rates is finally starting to slow,” said Randy Smith, co-founder and CEO of Smith Travel Research. “While the size of the revpar increase is not significant, it is a clear sign that the outlook for the industry is improving.&#8221; <i>TRD</i></p>
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		<title>$1,050,000 2 BR in Wall St/Seaport/Battery Park</title>
		<link>http://www.manhattan-homes.net/2010/03/1050000-2-br-in-wall-stseaportbattery-park-3/</link>
		<comments>http://www.manhattan-homes.net/2010/03/1050000-2-br-in-wall-stseaportbattery-park-3/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 22:27:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes for sale]]></category>

		<guid isPermaLink="false">http://www.nestseekers.com/26249/Spectacular_Two_Bedroom_for_Sale_in_Pristine_Newly_Renovated_Building_</guid>
		<description><![CDATA[<b>		<br />
		 <br /><br />
		New York NY Wall St/Seaport/Battery Park (Chambers and down) <br /><br />
		</b><b>Web ID#:</b> 26249<br /><b>Property Type:</b> Hi-rise<br /><b>Beds:</b> 2<br /><b>Baths:</b> 2<br /><b>Price:</b> $1,050,000<br /><br /><table border='0' cellpadding='0' cellspacing='0' width='548'><tr><td width='199' valign='top'><a href="http://www.nestseekers.com/26249/Spectacular_Two_Bedroom_for_Sale_in_Pristine_Newly_Renovated_Building_"><img src="http://www.nestseekers.com/images/Apt/88greenwichst.1.jpg" width="160" height="120" border="0"></a>    <br /><a href='http://www.nestseekers.com/26249/Spectacular_Two_Bedroom_for_Sale_in_Pristine_Newly_Renovated_Building_'>view full listing</a></td><td valign='top'>
        Apartment Features:<br />
Sponsor Apartment. Dining Bay; AC: Central; Kitchen: Dishwasher; Window: Oversized Windows; Washer/ Dryer; High Ceiling; Home Office; Wood Floors;<br />
<br />
<br />
Located on Greenwich Street, this building is on the cutting edge of designer development. This art deco tower rises 37 stories with sweeping views of the city skyline, Hudson River and beyond. All of the residences feature oversized windows and soaring ceilings. Enter through the buildings art deco façade into a grand marble lobby featuring a hand carved reception desk and grotto water fountain. 5-Star amenities include a café, library with grand piano and fireplace, billiards room w/ flat screen TV, Harbour Room featuring lounge seating, poker table, dining room w/ kitchen and spectacular views and SKY DECK, with lounges and day beds all in traditional South Beach style. These apartments are in excellent condition, as they were built &#38; renovated for high-end rentals in 2000 with luxury bathrooms and luxury kitchens featuring GE refrigerators, microwaves, dishwashers and gas stoves/ovens. <br />
<br />
Building Policies:<br />
Pied-A-Terres Allowed. W/D Allowed. Pets Allowed Weight Limit 30 lbs. Sublets Allowed.    </td></tr><tr><td width='548' valign='top' colspan='2'><br /></td></tr><tr><td width='199' valign='top'>Daniel  Fellus<br />direct: 212.252.8772<br />cell: 212.500.0042<br /><a href="mailto:danielf@nestseekers.com">danielf@nestseekers.com</a><br /></td><td valign='top'></td></tr></table>]]></description>
			<content:encoded><![CDATA[<p><b>		</p>
<p>
		New York NY Wall St/Seaport/Battery Park (Chambers and down) </p>
<p>		</b><b>Web ID#:</b> 26249<br /><b>Property Type:</b> Hi-rise<br /><b>Beds:</b> 2<br /><b>Baths:</b> 2<br /><b>Price:</b> $1,050,000</p>
<table border='0' cellpadding='0' cellspacing='0' width='548'>
<tr>
<td width='199' valign='top'><a href="http://www.nestseekers.com/26249/Spectacular_Two_Bedroom_for_Sale_in_Pristine_Newly_Renovated_Building_"><img src="http://www.nestseekers.com/images/Apt/88greenwichst.1.jpg" width="160" height="120" border="0"></a>    <br /><a href='http://www.nestseekers.com/26249/Spectacular_Two_Bedroom_for_Sale_in_Pristine_Newly_Renovated_Building_'>view full listing</a></td>
<td  valign='top'>
        Apartment Features:<br />
Sponsor Apartment. Dining Bay; AC: Central; Kitchen: Dishwasher; Window: Oversized Windows; Washer/ Dryer; High Ceiling; Home Office; Wood Floors;</p>
<p>
Located on Greenwich Street, this building is on the cutting edge of designer development. This art deco tower rises 37 stories with sweeping views of the city skyline, Hudson River and beyond. All of the residences feature oversized windows and soaring ceilings. Enter through the buildings art deco façade into a grand marble lobby featuring a hand carved reception desk and grotto water fountain. 5-Star amenities include a café, library with grand piano and fireplace, billiards room w/ flat screen TV, Harbour Room featuring lounge seating, poker table, dining room w/ kitchen and spectacular views and SKY DECK, with lounges and day beds all in traditional South Beach style. These apartments are in excellent condition, as they were built &amp; renovated for high-end rentals in 2000 with luxury bathrooms and luxury kitchens featuring GE refrigerators, microwaves, dishwashers and gas stoves/ovens. </p>
<p>Building Policies:<br />
Pied-A-Terres Allowed. W/D Allowed. Pets Allowed Weight Limit 30 lbs. Sublets Allowed.    </td>
</tr>
<tr>
<td width='548' valign='top' colspan='2'></td>
</tr>
<tr>
<td width='199' valign='top'>Daniel  Fellus<br />direct: 212.252.8772<br />cell: 212.500.0042<br /><a href="mailto:danielf@nestseekers.com">danielf@nestseekers.com</a></td>
<td  valign='top'></td>
</tr>
</table>
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		<title>Paterson Scraps Aqueduct Deal, Hard Rock’s Interested</title>
		<link>http://www.manhattan-homes.net/2010/03/paterson-scraps-aqueduct-deal-hard-rock%e2%80%99s-interested/</link>
		<comments>http://www.manhattan-homes.net/2010/03/paterson-scraps-aqueduct-deal-hard-rock%e2%80%99s-interested/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 22:21:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Real Estate Developments]]></category>
		<category><![CDATA[CRE]]></category>
		<category><![CDATA[Global]]></category>
		<category><![CDATA[New York City Commercial Real Estate]]></category>

		<guid isPermaLink="false">http://blogs.wsj.com/developments/2010/03/11/paterson-scraps-aqueduct-deal-hard-rocks-interested/</guid>
		<description><![CDATA[The office of embattled New York Governor David Paterson scrapped a deal with Aqueduct Entertainment Group (AEG) to develop a casino at the Aqueduct Race Track in Queens, poised to be the Big Apples first gambling destination.]]></description>
			<content:encoded><![CDATA[<div class="mceTemp" style="text-align: left;">
<dl class="wp-caption alignright caption-alignright" style="width: 272px;">
<dt class="wp-caption-dt"><img class="size-full wp-image-5" src="http://online.wsj.com/media/aqueduct_D_20091104101124.jpg" alt="" width="262" height="174" /></dt>
<dd class="wp-caption-dd wp-cite-dd" style="text-align: right;">Associated Press</dd>
<dd class="wp-caption-dd" style="text-align: left;">A race at Aqueduct</dd>
</dl>
</div>
<p>The office of embattled New York Governor  David Paterson scrapped a deal with Aqueduct Entertainment Group (AEG) to develop a casino at the Aqueduct Race Track in Queens,  poised to be the Big Apples first gambling  destination.</p>
<p>The decision shouldnt  have come as a big surprise. Mr. Patersons selection of AEG sparked a <a href="http://blogs.wsj.com/developments/2010/02/10/ny-governor-patersons-aqueduct-problem/" >furor </a>among losing bidders and prompted a federal investigation, as critics complained  that AEG wasnt qualified to spearhead such an ambitious and expensive project.</p>
<p>&#8220;The Division of the  Lottery has concluded that it cannot issue a gaming license to Aqueduct  Entertainment Group (AEG). Therefore, the State has officially withdrawn its  support for AEG to develop and operate a video lottery terminal (VLT) facility  at Aqueduct Race Track, Mr. Patersons office said in a statement Thursday.   The Executive Branch advocates that the selection of the Aqueduct VLT  franchisee be done pursuant to an expedited, transparent, apolitical and  publicly accountable procurement process.&#8221;</p>
<p>Mr.  Paterson passed over heavyweight gaming companies like Penn National Gaming and  MGM Mirage and New York City real estate veteran  SL Green Realty for AEG, which has close ties to Floyd Flake, an influential  Queens preacher and former congressman. Critics  blasted the choice as politically motivated. The losing bidders even considered  a lawsuit alleging AEG wasnt forced to adhere to the same conditions as the  other four contenders.</p>
<p>Its unclear how the  state will move forward with another bidding process, but some of the companies  want back in the game. The SL Green/Hard Rock team is still interested and  ready to go forward.  We have already fulfilled all of Lotterys licensing  requirements and we remain able to deliver on our promises  both on expedited  timing and on our long-term vision for this exciting project, said SL Green in  a statement.</p>
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		<title>PriceSpotter: Big Reveal: How Much for Some Park Slope Greenery?</title>
		<link>http://www.manhattan-homes.net/2010/03/pricespotter-big-reveal-how-much-for-some-park-slope-greenery/</link>
		<comments>http://www.manhattan-homes.net/2010/03/pricespotter-big-reveal-how-much-for-some-park-slope-greenery/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 22:02:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[142 Prospect Park West]]></category>
		<category><![CDATA[Park Slope]]></category>
		<category><![CDATA[pricespotter]]></category>

		<guid isPermaLink="false">tag:ny.curbed.com,2010://1.237026</guid>
		<description><![CDATA[And now, the results of this week's PriceSpotter asking price guessing game! Location: 142 Prospect Park West, Third Floor Asking: $1.595 million Despite some accusations of cheating in the comments, there were no correct guesses this week. Most came in...]]></description>
			<content:encoded><![CDATA[<p><i>And now, the results of this week&#8217;s PriceSpotter asking price guessing game!</i></p>
<p><img alt="142_PPW_3_10.jpg" src="http://ny.curbed.com/uploads/142_PPW_3_10.jpg" width="528" height="354" /></p>
<p><b>Location:</b> 142 Prospect Park West, Third Floor<br />
<b>Asking:</B> $1.595 million</p>
<p>Despite some accusations of cheating in the comments, there were no correct guesses this week. Most came in too low. A few guessers pooh-poohed the floorplan or suggested something fishy going on with school zoning to account for the low maintenance charges. We&#8217;ve got no explanation: sometimes the universe just works in mysterious ways, folks.<br />
&#183; <A HREF="http://www.corcoran.com/property/listing.aspx?Region=NYC&#038;listingid=1966025">Listing: 142 Prospect Park West</A> [Corcoran]<br />
&#183; <A HREF="http://streeteasy.com/nyc/sale/501204-condo-142-prospect-park-west-park-slope-brooklyn">142 Prospect Park West in Park Slope</A> [StreetEasy]<br />
&#183; <A HREF="http://ny.curbed.com/archives/2010/03/10/how_much_for_some_park_slope_greenery_and_park_views.php">How Much for Some Park Slope Greenery (and Park Views)?</A> [Curbed]</p>
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		<title>Residents riled over possible FDNY closures, DA raids Lehr Construction office &#8230; and more</title>
		<link>http://www.manhattan-homes.net/2010/03/residents-riled-over-possible-fdny-closures-da-raids-lehr-construction-office-and-more/</link>
		<comments>http://www.manhattan-homes.net/2010/03/residents-riled-over-possible-fdny-closures-da-raids-lehr-construction-office-and-more/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 22:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Manhattan Real Estate]]></category>

		<guid isPermaLink="false">http://ny.therealdeal.com/articles/27310</guid>
		<description><![CDATA[<span style="font-weight: bold">1.</span> Protestors descend on <span style="font-weight: bold">Barclays Center</span> groundbreaking <a href="http://www.nypost.com/p/news/local/brooklyn/nets_arena_breaks_ground_today_in_vSXkY1m5AdPgywkKrxQLSJ">[Post] </a><br /><span style="font-weight: bold">2.</span> Expert answers questions on <span style="font-weight: bold">Gowanus Canal </span>conditions <a href="http://cityroom.blogs.nytimes.com/2010/03/11/answers-about-the-gowanus-canal-part-2/">[NYT]</a> <br /><span style="font-weight: bold">3. </span>Residents riled over possible<span style="font-weight: bold"> FDNY closures</span> <a href="http://www.silive.com/eastshore/index.ssf/2010/03/prospect_of_fdny_closings_draw.html">[SI Advance]</a><br /><span style="font-weight: bold">4.</span> Despite rumors, <span style="font-weight: bold">Starbucks</span> not taking on Williamsburg location <a href="http://www.nypost.com/p/news/local/brooklyn/hold_that_coffee_starbucks_not_coming_QdRSddu8Va7yP50tKd3XLJ">[Post]</a> <br /><span style="font-weight: bold">5. </span>Fort Greene's <span style="font-weight: bold">Ingersoll and Walt Whitman Houses</span> remain approximately 25 percent vacant <a href="http://fort-greene.thelocal.nytimes.com/2010/03/11/a-quarter-of-ingersollwhitman-apartments-vacant/">[NYT] </a><span style="font-weight: bold"><br />6. Brooklyn Bridge Park</span> to stay open till 1 a.m. <a href="http://www.nydailynews.com/ny_local/brooklyn/2010/03/11/2010-03-11_a_park_after_dark_fun_under_brooklyn_bridge_until_1_am.html">[NYDN]</a> <br /><span style="font-weight: bold">7. </span>Queens<span style="font-weight: bold"> Community Board 2 </span>concerned about P.S. 1 museum renovation plans <a href="http://www.yournabe.com/articles/2010/03/11/queens/queenswhrjwhn03102010.txt">[Your Nabe]</a><br /><span style="font-weight: bold">8. </span>City's $25 million <span style="font-weight: bold">Yankee Stadium</span> demolition nearing completion <a href="http://www.nytimes.com/2010/03/11/sports/baseball/11stadium.html?partner=rss&#38;emc=rss">[NYT]</a><br /><span style="font-weight: bold">9. Nets arena</span> poised to absorb some of Madison Square Gardens' events <a href="http://www.nypost.com/p/news/business/barclays_center_looks_to_poach_msg_PmXzsjzVytcphnWQuoP4hJ">[Post]</a> <br /><span style="font-weight: bold">10.</span> <span style="font-weight: bold">East River Plaza</span> stores not living up to promise to hire locals as employees <a href="http://www.dnainfo.com/20100310/manhattan/east-harlem-left-disappointed-by-local-hires-at-another-east-river-plaza-store">[DNA info]</a><br /><span style="font-weight: bold">11. </span>More <span style="font-weight: bold">unmarried couples </span>buying up real estate <a href="http://www.nypost.com/p/news/business/realestate/residential/better_off_unwed_J3HKQog3gdXbPqyhiup6LL">[Post] </a><br /><span style="font-weight: bold">12.</span> Upper Brookville home welcomes guests with<span style="font-weight: bold"> models and Maseratis</span> <a href="http://www.newsday.com/classifieds/real-estate/upper-brookville-open-house-features-models-maseratis-1.1805013">[Newsday]</a><br />
<span style="font-weight: bold">13. </span>Manhattan DA raids <span style="font-weight: bold">Lehr Construction</span> office <a href="http://gothamist.com/2010/03/11/construction_firm_raided_by_distric.php">[Gothamist]</a>
<b><br />14.</b> More troubled <span style="font-weight: bold">commercial loan</span> holders walking away <a href="http://www.realtor.org/RMODaily.nsf/pages/News2010031104?OpenDocument&#38;WT.cg_n=RMO&#38;WT.cg_s=RSSDaily">[WSJ via Realtor Mag]</a>
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			<content:encoded><![CDATA[<p><span style="font-weight: bold;">1.</span> Protestors descend on <span style="font-weight: bold;">Barclays Center</span> groundbreaking <a href="http://www.nypost.com/p/news/local/brooklyn/nets_arena_breaks_ground_today_in_vSXkY1m5AdPgywkKrxQLSJ">[Post] </a><br /><span style="font-weight: bold;">2.</span> Expert answers questions on <span style="font-weight: bold;">Gowanus Canal </span>conditions <a href="http://cityroom.blogs.nytimes.com/2010/03/11/answers-about-the-gowanus-canal-part-2/">[NYT]</a> <br /><span style="font-weight: bold;">3. </span>Residents riled over possible<span style="font-weight: bold;"> FDNY closures</span> <a href="http://www.silive.com/eastshore/index.ssf/2010/03/prospect_of_fdny_closings_draw.html">[SI Advance]</a><br /><span style="font-weight: bold;">4.</span> Despite rumors, <span style="font-weight: bold;">Starbucks</span> not taking on Williamsburg location <a href="http://www.nypost.com/p/news/local/brooklyn/hold_that_coffee_starbucks_not_coming_QdRSddu8Va7yP50tKd3XLJ">[Post]</a> <br /><span style="font-weight: bold;">5. </span>Fort Greene&#8217;s <span style="font-weight: bold;">Ingersoll and Walt Whitman Houses</span> remain approximately 25 percent vacant <a href="http://fort-greene.thelocal.nytimes.com/2010/03/11/a-quarter-of-ingersollwhitman-apartments-vacant/">[NYT] </a><span style="font-weight: bold;"><br />6. Brooklyn Bridge Park</span> to stay open till 1 a.m. <a href="http://www.nydailynews.com/ny_local/brooklyn/2010/03/11/2010-03-11_a_park_after_dark_fun_under_brooklyn_bridge_until_1_am.html">[NYDN]</a> <br /><span style="font-weight: bold;">7. </span>Queens<span style="font-weight: bold;"> Community Board 2 </span>concerned about P.S. 1 museum renovation plans <a href="http://www.yournabe.com/articles/2010/03/11/queens/queenswhrjwhn03102010.txt">[Your Nabe]</a><br /><span style="font-weight: bold;">8. </span>City&#8217;s $25 million <span style="font-weight: bold;">Yankee Stadium</span> demolition nearing completion <a href="http://www.nytimes.com/2010/03/11/sports/baseball/11stadium.html?partner=rss&amp;emc=rss">[NYT]</a><br /><span style="font-weight: bold;">9. Nets arena</span> poised to absorb some of Madison Square Gardens&#8217; events <a href="http://www.nypost.com/p/news/business/barclays_center_looks_to_poach_msg_PmXzsjzVytcphnWQuoP4hJ">[Post]</a> <br /><span style="font-weight: bold;">10.</span> <span style="font-weight: bold;">East River Plaza</span> stores not living up to promise to hire locals as employees <a href="http://www.dnainfo.com/20100310/manhattan/east-harlem-left-disappointed-by-local-hires-at-another-east-river-plaza-store">[DNA info]</a><br /><span style="font-weight: bold;">11. </span>More <span style="font-weight: bold;">unmarried couples </span>buying up real estate <a href="http://www.nypost.com/p/news/business/realestate/residential/better_off_unwed_J3HKQog3gdXbPqyhiup6LL">[Post] </a><br /><span style="font-weight: bold;">12.</span> Upper Brookville home welcomes guests with<span style="font-weight: bold;"> models and Maseratis</span> <a href="http://www.newsday.com/classifieds/real-estate/upper-brookville-open-house-features-models-maseratis-1.1805013">[Newsday]</a><br />
<span style="font-weight: bold;">13. </span>Manhattan DA raids <span style="font-weight: bold;">Lehr Construction</span> office <a href="http://gothamist.com/2010/03/11/construction_firm_raided_by_distric.php">[Gothamist]</a><br />
<b><br />14.</b> More troubled <span style="font-weight: bold;">commercial loan</span> holders walking away <a href="http://www.realtor.org/RMODaily.nsf/pages/News2010031104?OpenDocument&amp;WT.cg_n=RMO&amp;WT.cg_s=RSSDaily">[WSJ via Realtor Mag]</a></p>
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		<title>Shitshows: One Madison Park Buyers Can Get Their Money Back</title>
		<link>http://www.manhattan-homes.net/2010/03/shitshows-one-madison-park-buyers-can-get-their-money-back/</link>
		<comments>http://www.manhattan-homes.net/2010/03/shitshows-one-madison-park-buyers-can-get-their-money-back/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 21:52:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[23 East 22nd Street]]></category>
		<category><![CDATA[Andrew Cuomo]]></category>
		<category><![CDATA[Flatiron District]]></category>
		<category><![CDATA[lawsuits]]></category>
		<category><![CDATA[one madison park]]></category>
		<category><![CDATA[Shitshows]]></category>

		<guid isPermaLink="false">tag:ny.curbed.com,2010://1.237035</guid>
		<description><![CDATA[Yesterday it was accusations of fraudulent signature shenanigans, so what new craziness does One Madison Park have in store for us today? Buyer refunds! The Real Deal's David Jones reports that State Attorney General Andrew Cuomo's office has told One...]]></description>
			<content:encoded><![CDATA[<p><img alt="omp_small_3_10.jpg" src="http://ny.curbed.com/uploads/omp_small_3_10.jpg" width="200" height="265" align="right" class="padded"/>Yesterday it was accusations of fraudulent <A HREF="http://ny.curbed.com/archives/2010/03/10/now_its_developer_against_developer_at_one_madison_park.php">signature shenanigans</a>, so what new craziness does <b>One Madison Park</b> have in store for us today? Buyer refunds! <A HREF="http://therealdeal.com/newyork/articles/one-madison-park-condo-told-to-offer-buyers-refunds-by-andrew-cuomo"><i>The Real Deal&#8217;s</i></A> David Jones reports that State Attorney General Andrew Cuomo&#8217;s office has told One Mad Park&#8217;s developers to <b>offer refunds to buyers</b> who haven&#8217;t yet closed on their contracts. Half of the 69-unit building is in contract but only about a dozen sales have closed so far, so the developers could be on the hook for refunds for more than 40 percent of the apartments. Refund offers are legally required after what one attorney called &#8220;material&#8221; events like <A HREF="http://ny.curbed.com/archives/2010/02/22/today_in_one_madison_park_shenanigans_foreclosure.php">a foreclosure</A>. On the bright side for the developers, maybe a few more of those in contract units will turn out to be <A HREF="http://ny.curbed.com/archives/2010/02/03/latest_one_madison_park_plaintiff_wants_his_free_condos.php">freebies</A>?<br />
&#183; <A HREF="http://therealdeal.com/newyork/articles/one-madison-park-condo-told-to-offer-buyers-refunds-by-andrew-cuomo">One Mad. Park told to offer buyers refunds</A> [Real Deal]<br />
&#183; <A HREF="http://ny.curbed.com/tags/one-madison-park">One Madison Park coverage</A> [Curbed]</p>
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		<title>Manhattan-only firms start seeing Brooklyn benefit</title>
		<link>http://www.manhattan-homes.net/2010/03/manhattan-only-firms-start-seeing-brooklyn-benefit/</link>
		<comments>http://www.manhattan-homes.net/2010/03/manhattan-only-firms-start-seeing-brooklyn-benefit/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 21:45:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Manhattan Real Estate]]></category>

		<guid isPermaLink="false">http://ny.therealdeal.com/articles/27290</guid>
		<description><![CDATA[<div><a href="http://therealdeal.com/newyork/articles/manhattan-only-firms-start-seeing-brooklyn-benefit"><img src="http://s3.amazonaws.com/trd_three/images/177166/fred-harris_small.jpg" style="border: 1px solid black"></a><br />Fred Harris, vice president at AvalonBay Communities, which is constructing its first Brooklyn project, a 631-unit tower on Gold Street in Fort Greene. </div><p>
<i><a href="http://therealdeal.com/newyork/articles/manhattan-only-firms-start-seeing-brooklyn-benefit">From the March issue:</a> </i>A handful of major real estate management and development firms that have long avoided Brooklyn -- even as housing prices in the borough shot up and brokerages rushed in -- are finally venturing across the river.

The reasons are twofold. First, new high-rise, high-end construction in Brooklyn fits their business model. And second, values of these new Brooklyn buildings appear to have tumbled further and faster than their Manhattan counterparts, according to brokers and developers. "Developers are looking for opportunities, 100 percent," said David Maundrell, a Dumbo resident and the president of aptsandlofts.com, a brokerage with a Brooklyn focus. "But they are willing to do that because there is a viable market here. It's become a destination as opposed to an afterthought for Manhattanites who want a cheaper place."

Jamestown Properties is one of the developers that recently upped its bet on the borough. In early 2007, the firm had a 60 percent equity stake in be@Schermerhorn, a troubled condo in Downtown Brooklyn, which was developed by SDS Procida and saw construction and sales suspended last year. But in December, Jamestown bought the balance of the mortgage from a consortium of banks. The consortium had originally lent $100 million to SDS Procida.</p>
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			<content:encoded><![CDATA[<div style="width: 200px; font-size: 80%; line-height: normal; color: rgb(102, 102, 102); text-align: left; float: left; margin-right: 1em;"><a href="http://therealdeal.com/newyork/articles/manhattan-only-firms-start-seeing-brooklyn-benefit"><img src="http://s3.amazonaws.com/trd_three/images/177166/fred-harris_small.jpg" style="border: 1px solid black;"></a><br />Fred Harris, vice president at AvalonBay Communities, which is constructing its first Brooklyn project, a 631-unit tower on Gold Street in Fort Greene. </div>
<p>
<i><a href="http://therealdeal.com/newyork/articles/manhattan-only-firms-start-seeing-brooklyn-benefit">From the March issue:</a> </i>A handful of major real estate management and development firms that have long avoided Brooklyn &#8212; even as housing prices in the borough shot up and brokerages rushed in &#8212; are finally venturing across the river.</p>
<p>The reasons are twofold. First, new high-rise, high-end construction in Brooklyn fits their business model. And second, values of these new Brooklyn buildings appear to have tumbled further and faster than their Manhattan counterparts, according to brokers and developers. &#8220;Developers are looking for opportunities, 100 percent,&#8221; said David Maundrell, a Dumbo resident and the president of aptsandlofts.com, a brokerage with a Brooklyn focus. &#8220;But they are willing to do that because there is a viable market here. It&#8217;s become a destination as opposed to an afterthought for Manhattanites who want a cheaper place.&#8221;</p>
<p>Jamestown Properties is one of the developers that recently upped its bet on the borough. In early 2007, the firm had a 60 percent equity stake in be@Schermerhorn, a troubled condo in Downtown Brooklyn, which was developed by SDS Procida and saw construction and sales suspended last year. But in December, Jamestown bought the balance of the mortgage from a consortium of banks. The consortium had originally lent $100 million to SDS Procida.</p>
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		<title>High Line Construction Chronicles: Piano Still Playing With the Whitney in MePa</title>
		<link>http://www.manhattan-homes.net/2010/03/high-line-construction-chronicles-piano-still-playing-with-the-whitney-in-mepa/</link>
		<comments>http://www.manhattan-homes.net/2010/03/high-line-construction-chronicles-piano-still-playing-with-the-whitney-in-mepa/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 21:28:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[high line]]></category>
		<category><![CDATA[high line construction chronicles]]></category>
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		<category><![CDATA[Renzo Piano]]></category>
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		<description><![CDATA[Click the image above to view the full photogallery. The recent news that a "maintenance and operations" building for the High Line was moving ahead at 820 Washington Street left some doubts about architect Renzo Piano's plan for a new...]]></description>
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<p>The recent <a href="http://ny.curbed.com/archives/2010/03/04/high_line_gives_up_waiting_on_the_whitney.php">news</a> that a <b>&#8220;maintenance and operations&#8221; building for the High Line</b> was moving ahead at 820 Washington Street left some doubts about architect Renzo Piano&#8217;s plan for a <a href="http://ny.curbed.com/tags/whitney-mepa">new Whitney Museum</a> at the edge of the Meatpacking District. After all, the two were supposed to share space. But the Piano is still in tune. We dug into the <a href="http://www.nycedc.com/ProjectsOpportunities/RFPsRFQsRFEIs/RFP%20Documents/3804_345_Highline%20MO%20CM%20RFP_345.pdf">High Line Maintenance and Operations Facility RFP</a> (<i>warning: huge PDF</i>) from the NYC Economic Development Corporation, and the Renzo Piano Building Workshop is listed as the design consultant on the project. Phew! We don&#8217;t want the High Line&#8217;s new Love Shack clashing with all that fancy Italian starchitecture!</p>
<p>The &#8220;Detailed Site Map&#8221; shows the long and narrow M&#038;O building will go up on the north end of the site just west of the High Line, off Washington. That corresponds with both <a href="http://ny.curbed.com/archives/2009/05/18/in_for_spring_renzo_pianos_whitney_museum_accessorizes.php?o=5">models</a> and <a href="http://ny.curbed.com/archives/2008/05/01/renzo_pianos_whitney_debut_a_lovefest.php">renders</a> of the Whitney MePa from the Renzo Piano Building Workshop showing a boxy structure with a ramp running alongside and a terrace on top. </p>
<p>The bulk of that building site was cleared last summer and the Parks Department and Friends of the High Line have positioned several trailers on the Washington Street site to serve as a temporary maintenance and operations facility until the new building is completed. That <b>construction is set to wrap up in 2013</b>, leading us to surmise that the rest of the Piano plan won&#8217;t be rising anytime soon. But there&#8217;s another little nugget in the RFP: &#8220;It is anticipated that the M&#038;O Facility will meet a minimum LEED Silver certification.&#8221; That&#8217;s the silver lining around the Whitney MePa cloud.<br />
&#183; <a href="http://www.nycedc.com/ProjectsOpportunities/RFPsRFQsRFEIs/RFP%20Documents/3804_345_Highline%20MO%20CM%20RFP_345.pdf">High Line Maintenance and Operations Facility RFP</a> [EDC; <i>warning: PDF</i>]<br />
&#183; <a href="http://ny.curbed.com/archives/2010/03/04/high_line_gives_up_waiting_on_the_whitney.php">High Line Gives Up Waiting on the Whitney</a> [Curbed]<br />
&#183; <a href="http://ny.curbed.com/tags/whitney-mepa">Whitney MePa coverage</a> [Curbed]</p>
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		<title>&#8216;Burg Hotel Riseth: For too long the only hotel&#8230;</title>
		<link>http://www.manhattan-homes.net/2010/03/burg-hotel-riseth-for-too-long-the-only-hotel/</link>
		<comments>http://www.manhattan-homes.net/2010/03/burg-hotel-riseth-for-too-long-the-only-hotel/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 21:16:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[160 North 12th Street]]></category>
		<category><![CDATA[Gene Kaufman]]></category>
		<category><![CDATA[Hotels]]></category>
		<category><![CDATA[Quicklink]]></category>
		<category><![CDATA[Williamsburg]]></category>

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		<description><![CDATA[For too long the only hotel option (legal hotel, that is) in Williamsburg has been the BQE-neighboring Hotel Le Jolie, but Brownstoner reports there's progress at 160 North 12th Street, a new seven-story hotel in a row of three buildings...]]></description>
			<content:encoded><![CDATA[<p><img alt="2010_3_160n12.jpg" src="http://ny.curbed.com/uploads/2010_3_160n12.jpg" width="101" height="85" align="right" class="padded"/><a href="http://www.brownstoner.com/brownstoner/archives/2010/03/development_wat_579.php">For too long the only hotel option (legal hotel, that is) in Williamsburg has been the BQE-neighboring Hotel Le Jolie, but Brownstoner reports there&#8217;s progress at <strong>160 North 12th Street</strong>, a new seven-story hotel in a row of three buildings designed by blahchitect Gene Kaufman</a>. The other Kaufmanites will be residential. Hotels should do pretty brisk business in the &#8216;Burg just off visiting parents, given all the residents that are too young to have completely disappointed them yet. [Brownstoner]</p>
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		<title>One Mad. Park told to offer buyers refunds</title>
		<link>http://www.manhattan-homes.net/2010/03/one-mad-park-told-to-offer-buyers-refunds/</link>
		<comments>http://www.manhattan-homes.net/2010/03/one-mad-park-told-to-offer-buyers-refunds/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 21:15:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Manhattan Real Estate]]></category>

		<guid isPermaLink="false">http://ny.therealdeal.com/articles/27308</guid>
		<description><![CDATA[<div><a href="LINK%20TO%20JUMP"><img src="http://s3.amazonaws.com/trd_three/images/183121/cuomoandmadpark.jpg" style="border: 1px solid black"></a><br />State Attorney General Cuomo has told the developers of the financially-troubled One Madison Park condo to offer refunds to any buyers that have not closed on their apartments<br /></div>
State Attorney General Andrew Cuomo’s office, which regulates the sale of condominiums in New York, has told the developers of the financially-troubled <a href="http://therealdeal.com/newyork/articles/one-madison-park-faces-even-more-lawsuits-ex-yankees-nets-chairman-harvey-schiller-is-one-of-numerous-plaintiffs">One Madison Park</a> condominium to offer refunds to any buyers that have not closed on their apartments, <i>The Real Deal</i> has learned. Cuomo’s office forced the rescission offers after senior lender Istar Financial filed last month to foreclose on developers Ira Shapiro and Marc Jacobs for allegedly defaulting on five months of interest payments, pledging apartments without the bank’s permission and allowing the building loan to fall out of balance by $63.6 million, according to court documents and legal sources. Such a move would require the developers to <a href="http://therealdeal.com/newyork/articles/one-madison-park-developers-face-lawsuits-over-defaults-involving-wendy-maitland-of-brown-harris-stevens-who-was-replaced-by-tamir-shemesh-of-prudential-douglas-elliman">refund</a> deposits on more than 40 percent of the 69-unit tower at 23 East 22nd Street, as half of the units are under contract and a dozen of those contracts have closed, according to Department of Finance records.
“[The AG stated its] position to the sponsor that it should offer rescission to those in contract,” said a NYS regulatory source familiar with the case.
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			<content:encoded><![CDATA[<div style="width: 300px; font-size: 80%; line-height: normal; color: rgb(102, 102, 102); text-align: left; float: left; margin-right: 1em;"><a href="http://feedproxy.google.com/~r/trdnews/~3/zkm_S2543GI/LINK%20TO%20JUMP"><img src="http://s3.amazonaws.com/trd_three/images/183121/cuomoandmadpark.jpg" style="border: 1px solid black;"></a><br />State Attorney General Cuomo has told the developers of the financially-troubled One Madison Park condo to offer refunds to any buyers that have not closed on their apartments</div>
<p>State Attorney General Andrew Cuomo’s office, which regulates the sale of condominiums in New York, has told the developers of the financially-troubled <a href="http://therealdeal.com/newyork/articles/one-madison-park-faces-even-more-lawsuits-ex-yankees-nets-chairman-harvey-schiller-is-one-of-numerous-plaintiffs">One Madison Park</a> condominium to offer refunds to any buyers that have not closed on their apartments, <i>The Real Deal</i> has learned. Cuomo’s office forced the rescission offers after senior lender Istar Financial filed last month to foreclose on developers Ira Shapiro and Marc Jacobs for allegedly defaulting on five months of interest payments, pledging apartments without the bank’s permission and allowing the building loan to fall out of balance by $63.6 million, according to court documents and legal sources. Such a move would require the developers to <a href="http://therealdeal.com/newyork/articles/one-madison-park-developers-face-lawsuits-over-defaults-involving-wendy-maitland-of-brown-harris-stevens-who-was-replaced-by-tamir-shemesh-of-prudential-douglas-elliman">refund</a> deposits on more than 40 percent of the 69-unit tower at 23 East 22nd Street, as half of the units are under contract and a dozen of those contracts have closed, according to Department of Finance records.<br />
“[The AG stated its] position to the sponsor that it should offer rescission to those in contract,” said a NYS regulatory source familiar with the case.</p>
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		<title>On the Racked: LES&#8217;s New Street Fair; Target&#8217;s Latest Pop-Up; Diesel Defaced!</title>
		<link>http://www.manhattan-homes.net/2010/03/on-the-racked-less-new-street-fair-targets-latest-pop-up-diesel-defaced/</link>
		<comments>http://www.manhattan-homes.net/2010/03/on-the-racked-less-new-street-fair-targets-latest-pop-up-diesel-defaced/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 20:48:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Greenwich Village]]></category>
		<category><![CDATA[Lower East Side]]></category>
		<category><![CDATA[Midtown/Midtown West]]></category>
		<category><![CDATA[on the racked]]></category>

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		<description><![CDATA[And now, the latest from Racked NY, covering shopping and retail from the sidewalks up. 1) LES The speculation is that the upcoming Hester Street Fair is going to be Manhattan's version of the Brooklyn Flea, and hip merchants are...]]></description>
			<content:encoded><![CDATA[<p><i>And now, the latest from <A HREF="http://ny.racked.com">Racked NY</A>, covering shopping and retail from the sidewalks up.</i></p>
<p><img src="http://ny.racked.com/uploads/2010_03_hesterstfair.jpg"></p>
<p><b>1) LES</b> The <a href="http://ny.racked.com/archives/2010/03/09/the_hester_street_fair_arrives_in_april_send_your_shoes_to_the_leather_spa.php">speculation</a> is that the upcoming <b>Hester Street Fair</b> is going to be Manhattan&#8217;s version of the Brooklyn Flea, and hip merchants are already signing up. Given that exciting visual seen above, we can see why!</p>
<p><b>2) Midtown</b>: It&#8217;s flower mania near Bryant Park at <strong>Target&#8217;s Liberty of London pop-up</strong>, and Racked <a href="http://ny.racked.com/archives/2010/03/10/liberty_of_london_might_be_targets_best_collab_yet.php">thinks</a> it&#8217;s Target&#8217;s best collab yet. Which might explain the <a href="http://ny.racked.com/archives/2010/03/10/shoppers_queue_up_for_liberty_x_target_popup.php">lines</a>.</p>
<p><b>3) Greenwich Village</b>: Diesel&#8217;s slightly infuriating &#8220;<b>Be Stupid</b>&#8221; ad campaign has <a href="http://ny.racked.com/archives/2010/03/10/diesels_west_4th_street_subway_ads_stickerbombed.php">been defaced</a> throughout the West 4th Street subway station! But since the whole thing is stupid, we guess the company is on board?</p>
<p>&#183;<a href="http://ny.racked.com"> Racked NY</a> [ny.racked.com]</p>
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		<title>College buds-turned-real estate attorneys moonlight as musicians</title>
		<link>http://www.manhattan-homes.net/2010/03/college-buds-turned-real-estate-attorneys-moonlight-as-musicians/</link>
		<comments>http://www.manhattan-homes.net/2010/03/college-buds-turned-real-estate-attorneys-moonlight-as-musicians/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 20:45:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://ny.therealdeal.com/articles/27307</guid>
		<description><![CDATA[<div><a href="LINK%20TO%20JUMP"><img src="http://s3.amazonaws.com/trd_three/images/183108/FINALHIMMELSTEIN.jpg" style="border: 1px solid black" height="139" width="520"></a><br />From left: Samuel Himmelstein by day, and Samuel Himmelstein by night; the Love Handles rock out (see Himmselstein in tie dye, at far left)<br /></div><br />Fifty-eight-year-old real estate attorney <a href="http://therealdeal.com/newyork/articles/thank-god-2010-is-here-new-york-citeal-estate-pros-share-why-they-are-glad-2009-is-over">Samuel Himmelstein</a> is getting ready to rock next Friday at Lafayette Grill &#38; Bar at 54 Franklin Street, as his band, the Love Handles, heads back to the stage after a six-month hiatus. <a href="http://therealdeal.com/newyork/articles/how-it-feels-to-be-a-lawyer-in-an-ugly-landlord-tenant-battle">Himmelstein</a>, a partner at real estate litigation firm Himmelstein McConnell Gribben Donoghue &#38; Joseph, is part of a six-person band including his old college buddy, tenant advocate attorney Marty Silberman of Silberman Law Firm, 58, who plays the drums. Himmelstein, who plays keyboard, sings lead on a few songs as well as harmony and back-up vocals, and Silberman had talked about forming a band for years before finally doing so in 2001. The band plays music from the 1960s through early 1980s, including hits from Elvis Costello and the Grateful Dead. The group has played at the Cutting Room and the Good Coffeehouse Music Parlor, in Park Slope and for the last three years has been the post-race entertainment at the Komen Race for the Cure in Central Park (see video below). <i>TRD</i><br />
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			<content:encoded><![CDATA[<div style="width: 520px; font-size: 80%; line-height: normal; color: rgb(102, 102, 102); text-align: left;"><a href="http://feedproxy.google.com/~r/trdnews/~3/yO3KhHO__ZU/LINK%20TO%20JUMP"><img src="http://s3.amazonaws.com/trd_three/images/183108/FINALHIMMELSTEIN.jpg" style="border: 1px solid black;" height="139" width="520"></a><br />From left: Samuel Himmelstein by day, and Samuel Himmelstein by night; the Love Handles rock out (see Himmselstein in tie dye, at far left)</div>
<p>Fifty-eight-year-old real estate attorney <a href="http://therealdeal.com/newyork/articles/thank-god-2010-is-here-new-york-citeal-estate-pros-share-why-they-are-glad-2009-is-over">Samuel Himmelstein</a> is getting ready to rock next Friday at Lafayette Grill &amp; Bar at 54 Franklin Street, as his band, the Love Handles, heads back to the stage after a six-month hiatus. <a href="http://therealdeal.com/newyork/articles/how-it-feels-to-be-a-lawyer-in-an-ugly-landlord-tenant-battle">Himmelstein</a>, a partner at real estate litigation firm Himmelstein McConnell Gribben Donoghue &amp; Joseph, is part of a six-person band including his old college buddy, tenant advocate attorney Marty Silberman of Silberman Law Firm, 58, who plays the drums. Himmelstein, who plays keyboard, sings lead on a few songs as well as harmony and back-up vocals, and Silberman had talked about forming a band for years before finally doing so in 2001. The band plays music from the 1960s through early 1980s, including hits from Elvis Costello and the Grateful Dead. The group has played at the Cutting Room and the Good Coffeehouse Music Parlor, in Park Slope and for the last three years has been the post-race entertainment at the Komen Race for the Cure in Central Park (see video below). <i>TRD</i><br /><object height="385" width="520"><param name="movie" value="http://www.youtube.com/v/yIv4FWvSqmk&amp;hl=en_US&amp;fs=1&amp;"><param name="allowFullScreen" value="true"><param name="allowscriptaccess" value="always"><embed src="http://www.youtube.com/v/yIv4FWvSqmk&amp;hl=en_US&amp;fs=1&amp;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" height="385" width="520"></object></p>
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		</item>
		<item>
		<title>AEG Out at Aqueduct: Aqueduct Entertainment Group&#8217;s short reign as&#8230;</title>
		<link>http://www.manhattan-homes.net/2010/03/aeg-out-at-aqueduct-aqueduct-entertainment-groups-short-reign-as/</link>
		<comments>http://www.manhattan-homes.net/2010/03/aeg-out-at-aqueduct-aqueduct-entertainment-groups-short-reign-as/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 20:22:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[aqueduct]]></category>
		<category><![CDATA[Aqueduct Entertainment Group]]></category>
		<category><![CDATA[Governor David Paterson]]></category>
		<category><![CDATA[Queens]]></category>
		<category><![CDATA[Quicklink]]></category>

		<guid isPermaLink="false">tag:ny.curbed.com,2010://1.237012</guid>
		<description><![CDATA[Aqueduct Entertainment Group's short reign as the designated developer for a casino at the Aqueduct racetrack has ended. The Times reports that the company provided "insufficient financial details" for its investors and won't be getting the contract. Governor Paterson's office...]]></description>
			<content:encoded><![CDATA[<p><img alt="aeg_ql2_3_10.jpg" src="http://ny.curbed.com/uploads/aeg_ql2_3_10.jpg" width="91" height="95" align="right" class="padded"/><A HREF="http://cityroom.blogs.nytimes.com/2010/03/11/aqueduct-casino-deal-is-dead/"><b>Aqueduct Entertainment Group&#8217;s</b> short reign as the designated developer for a casino at the Aqueduct racetrack has ended.</A> The <i>Times</i> reports that the company provided &#8220;insufficient financial details&#8221; for its investors and won&#8217;t be getting the contract. Governor Paterson&#8217;s office said it now wants to pursue a &#8220;traditional, though rapid,&#8221; process for developing the site. The decision is <A HREF="http://ny.curbed.com/archives/2010/02/01/hedging_bets_on_queens_casino.php">not</A> much of a surprise, but we&#8217;re still sad to say goodbye to a design that was basically <A HREF="http://ny.curbed.com/archives/2009/07/23/second_look_at_potential_queens_casino_plans.php">the city in miniature</A>. [NYT; <A HREF="http://ny.curbed.com/tags/aqueduct-entertainment-group">previously</A>]</p>
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		<title>$495,000  in Wall St/Seaport/Battery Park</title>
		<link>http://www.manhattan-homes.net/2010/03/495000-in-wall-stseaportbattery-park-3/</link>
		<comments>http://www.manhattan-homes.net/2010/03/495000-in-wall-stseaportbattery-park-3/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 20:20:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes for sale]]></category>

		<guid isPermaLink="false">http://www.nestseekers.com/26248/Best_Price_Per_Square_Foot_Lowest_Common_Charges_in_Financial_District</guid>
		<description><![CDATA[<b>		<br />
		 <br /><br />
		New York NY Wall St/Seaport/Battery Park (Chambers and down) <br /><br />
		</b><b>Web ID#:</b> 26248<br /><b>Property Type:</b> Hi-rise<br /><b>Baths:</b> 1<br /><b>Price:</b> $495,000<br /><br /><table border='0' cellpadding='0' cellspacing='0' width='548'><tr><td width='199' valign='top'><a href="http://www.nestseekers.com/26248/Best_Price_Per_Square_Foot_Lowest_Common_Charges_in_Financial_District"><img src="http://www.nestseekers.com/images/Apt/v1.downtown_lofts_for_sale_nyc_manhattan_101.jpg" width="160" height="120" border="0"></a>    <br /><a href='http://www.nestseekers.com/26248/Best_Price_Per_Square_Foot_Lowest_Common_Charges_in_Financial_District'>view full listing</a></td><td valign='top'>
        *****Owner Is Very Motivated*****<br />
<br />
*****Under $1k a sq foot!!!*****<br />
<br />
*****Under $1 a sq foot in common charges*****<br />
<br />
Call Jason Hargrove at 718.415.9829 to schedule a viewing!<br />
<br />
Downtown Condos for Sale<br />
<br />
Comfortably spacious with a distinct character all its own, These amazing units rise above the all too common condominiums on the market today. This unique collection of modern loft condominiums located in the heart of the Financial District was originally designed by the same architects who created The Empire State Building. The classic limestone and granite pinstripes on the exterior envelope the newly renovated residences inside to create a timeless essence of old New York and modern downtown living. Find your new home in one of these Financial District apartments... on par with some of the finest New York City condominiums.<br />
<br />
Call Jason at 718.415.9829 before these units are no more!<br />
<br />
Enjoy stylish and impressive amenity spaces for you to entertain family and friends, enjoy some personal time or meet up with your many interesting neighbors. Each space allows you to personalize the experience and make it your own. The roof top dining table provides the perfect setting for a sunset snack and the iPod docking station in the lounge lets you pick your own tunes. The gathering spaces are all yours… whatever your mood. And let's not forget the 24 hour concierge, parking garage, grocery, drug store and pharmacy all onsite within the building.<br />
<br />
The building was designed by Shreve, Lamb &#38; Harmon, the architects responsible for The Empire State Building. The resemblance is clear, from the classic limestone and granite façade to the tiered setbacks on higher floors. The old world construction features solid 16+ inch concrete walls, classic architectural details and unique floor plan layouts. Although the building is historic, it has been fully renovated and updated in keeping with modern city living. <br />
<br />
***LIMITED UNITS AVAILABLE***<br />
<br />
***OWNER IS NEGOTIABLE*****<br />
<br />
Call Jason Hargrove at 718.415.9829 to schedule a viewing!    </td></tr><tr><td width='548' valign='top' colspan='2'><br /></td></tr><tr><td width='199' valign='top'>Jason L. Hargrove<br />direct: 212.252.8772 ext 231<br />cell: 718.415.9829<br /><a href="mailto:jasonh@nestseekers.com">jasonh@nestseekers.com</a><br /></td><td valign='top'></td></tr></table>]]></description>
			<content:encoded><![CDATA[<p><b>		</p>
<p>
		New York NY Wall St/Seaport/Battery Park (Chambers and down) </p>
<p>		</b><b>Web ID#:</b> 26248<br /><b>Property Type:</b> Hi-rise<br /><b>Baths:</b> 1<br /><b>Price:</b> $495,000</p>
<table border='0' cellpadding='0' cellspacing='0' width='548'>
<tr>
<td width='199' valign='top'><a href="http://www.nestseekers.com/26248/Best_Price_Per_Square_Foot_Lowest_Common_Charges_in_Financial_District"><img src="http://www.nestseekers.com/images/Apt/v1.downtown_lofts_for_sale_nyc_manhattan_101.jpg" width="160" height="120" border="0"></a>    <br /><a href='http://www.nestseekers.com/26248/Best_Price_Per_Square_Foot_Lowest_Common_Charges_in_Financial_District'>view full listing</a></td>
<td  valign='top'>
        *****Owner Is Very Motivated*****</p>
<p>*****Under $1k a sq foot!!!*****</p>
<p>*****Under $1 a sq foot in common charges*****</p>
<p>Call Jason Hargrove at 718.415.9829 to schedule a viewing!</p>
<p>Downtown Condos for Sale</p>
<p>Comfortably spacious with a distinct character all its own, These amazing units rise above the all too common condominiums on the market today. This unique collection of modern loft condominiums located in the heart of the Financial District was originally designed by the same architects who created The Empire State Building. The classic limestone and granite pinstripes on the exterior envelope the newly renovated residences inside to create a timeless essence of old New York and modern downtown living. Find your new home in one of these Financial District apartments&#8230; on par with some of the finest New York City condominiums.</p>
<p>Call Jason at 718.415.9829 before these units are no more!</p>
<p>Enjoy stylish and impressive amenity spaces for you to entertain family and friends, enjoy some personal time or meet up with your many interesting neighbors. Each space allows you to personalize the experience and make it your own. The roof top dining table provides the perfect setting for a sunset snack and the iPod docking station in the lounge lets you pick your own tunes. The gathering spaces are all yours… whatever your mood. And let&#8217;s not forget the 24 hour concierge, parking garage, grocery, drug store and pharmacy all onsite within the building.</p>
<p>The building was designed by Shreve, Lamb &amp; Harmon, the architects responsible for The Empire State Building. The resemblance is clear, from the classic limestone and granite façade to the tiered setbacks on higher floors. The old world construction features solid 16+ inch concrete walls, classic architectural details and unique floor plan layouts. Although the building is historic, it has been fully renovated and updated in keeping with modern city living. </p>
<p>***LIMITED UNITS AVAILABLE***</p>
<p>***OWNER IS NEGOTIABLE*****</p>
<p>Call Jason Hargrove at 718.415.9829 to schedule a viewing!    </td>
</tr>
<tr>
<td width='548' valign='top' colspan='2'></td>
</tr>
<tr>
<td width='199' valign='top'>Jason L. Hargrove<br />direct: 212.252.8772 ext 231<br />cell: 718.415.9829<br /><a href="mailto:jasonh@nestseekers.com">jasonh@nestseekers.com</a></td>
<td  valign='top'></td>
</tr>
</table>
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		<title>South Florida residential market won&#8217;t rebound until 2030</title>
		<link>http://www.manhattan-homes.net/2010/03/south-florida-residential-market-wont-rebound-until-2030/</link>
		<comments>http://www.manhattan-homes.net/2010/03/south-florida-residential-market-wont-rebound-until-2030/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 20:15:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Manhattan Real Estate]]></category>

		<guid isPermaLink="false">http://ny.therealdeal.com/articles/27304</guid>
		<description><![CDATA[<div><a href="http://therealdeal.com/miami/articles/south-florida-residential-market-won-t-rebound-until-2030-moody-s-economy-com-report-predicts"><img src="http://s3.amazonaws.com/trd_three/images/49755/Miami_Beach.jpg" style="border: 1px solid black;width: 294px;height: 209px"></a><br />Moody's Economy.com predicts a 20-year wait for South Florida's housing market to fully recover<br /></div><a href="http://therealdeal.com/miami/articles/south-florida-residential-market-won-t-rebound-until-2030-moody-s-economy-com-report-predicts"><i>From the South Florida Web site:</i></a> The South Florida residential real estate market will not rebound to
previous highs until 2030, according to a Moody’s Economy.com
prediction. The forecast made something of a stir when it appeared deep
in an article on community development districts in Business Week
Monday (see chart on the forecast after the jump). While Moody’s Economy.com was under a contractual obligation not to
release the specific data it had supplied to Bloomberg, it provided <i>The
Real Deal </i>with data that supported a reasonably similar forecast -- a
peak to trough price trajectory that tells of a long road ahead for
Florida real estate.
<p><a href="http://feedads.g.doubleclick.net/~a/xu9AxhFmEpwlMG4kM_LjN-qIu70/0/da"><img src="http://feedads.g.doubleclick.net/~a/xu9AxhFmEpwlMG4kM_LjN-qIu70/0/di" border="0"></img></a><br />
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</div><img src="http://feeds.feedburner.com/~r/trdnews/~4/Y_8PmPYU-ok" height="1">]]></description>
			<content:encoded><![CDATA[<div style="width: 294px; font-size: 80%; line-height: normal; color: rgb(102, 102, 102); text-align: left; float: left; margin-right: 1em;"><a href="http://therealdeal.com/miami/articles/south-florida-residential-market-won-t-rebound-until-2030-moody-s-economy-com-report-predicts"><img src="http://s3.amazonaws.com/trd_three/images/49755/Miami_Beach.jpg" style="border: 1px solid black; width: 294px; height: 209px;"></a><br />Moody&#8217;s Economy.com predicts a 20-year wait for South Florida&#8217;s housing market to fully recover</div>
<p><a href="http://therealdeal.com/miami/articles/south-florida-residential-market-won-t-rebound-until-2030-moody-s-economy-com-report-predicts"><i>From the South Florida Web site:</i></a> The South Florida residential real estate market will not rebound to<br />
previous highs until 2030, according to a Moody’s Economy.com<br />
prediction. The forecast made something of a stir when it appeared deep<br />
in an article on community development districts in Business Week<br />
Monday (see chart on the forecast after the jump). While Moody’s Economy.com was under a contractual obligation not to<br />
release the specific data it had supplied to Bloomberg, it provided <i>The<br />
Real Deal </i>with data that supported a reasonably similar forecast &#8212; a<br />
peak to trough price trajectory that tells of a long road ahead for<br />
Florida real estate.</p>
<p><a href="http://feedads.g.doubleclick.net/~a/xu9AxhFmEpwlMG4kM_LjN-qIu70/0/da"><img src="http://feedads.g.doubleclick.net/~a/xu9AxhFmEpwlMG4kM_LjN-qIu70/0/di" border="0" ismap="true"></img></a><br/><br />
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<p><img src="http://feeds.feedburner.com/~r/trdnews/~4/Y_8PmPYU-ok" height="1" width="1"/></p>
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		<title>Arrested Development: Tribeca Arrested Development Winds Up on eBay</title>
		<link>http://www.manhattan-homes.net/2010/03/arrested-development-tribeca-arrested-development-winds-up-on-ebay/</link>
		<comments>http://www.manhattan-homes.net/2010/03/arrested-development-tribeca-arrested-development-winds-up-on-ebay/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 20:02:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[56 Leonard]]></category>
		<category><![CDATA[arrested development]]></category>
		<category><![CDATA[Tribeca]]></category>

		<guid isPermaLink="false">tag:ny.curbed.com,2010://1.236999</guid>
		<description><![CDATA[Maybe it wasn't very nice of us to gloat about the 58-piece plastic model of Herzog &#38; de Meuron-designed 56 Leonard currently residing at Curbed HQ. But now you can have your very own! One of the models&#8212;apparently #37 out...]]></description>
			<content:encoded><![CDATA[<p><img alt="56leonard_model_small_3_10.jpg" src="http://ny.curbed.com/uploads/56leonard_model_small_3_10.jpg" width="230" height="202" align="right" class="padded"/>Maybe it wasn&#8217;t very nice of us to <A HREF="http://ny.curbed.com/archives/2009/10/16/arrested_development_collect_em_all.php#more">gloat</A> about the 58-piece plastic model of Herzog &#038; de Meuron-designed <b>56 Leonard</b> currently residing at Curbed HQ. But now you can have your very own! One of the models&#8212;apparently #37 out of the 300 made&#8212;is now up for sale on <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&#038;item=190379418682">eBay</A>, with a starting bid of one cent and an unknown reserve. (And shipping&#8217;ll set you back another $30.) The model is &#8220;designed to be taken apart and reassembled as a means of exploring the tower&#8217;s radically innovative design.&#8221; Fun! Cotton gloves also included so you don&#8217;t get your pawprints all over the starchitecture. Centerpiece for your next holiday dinner? A playful way to teach young children about the sad times we live in? Up to you!<br />
&#183; <A HREF="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&#038;item=190379418682">56 Leonard St. Building Model (Herzog &#038; de Meuron)</A> [eBay]<br />
&#183; <A HREF="http://ny.curbed.com/tags/56-leonard">56 Leonard coverage</A> [Curbed]</p>
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		</item>
		<item>
		<title>Twitterverse: Did you know that Curbed has&#8230;</title>
		<link>http://www.manhattan-homes.net/2010/03/twitterverse-did-you-know-that-curbed-has/</link>
		<comments>http://www.manhattan-homes.net/2010/03/twitterverse-did-you-know-that-curbed-has/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 19:54:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Quicklink]]></category>

		<guid isPermaLink="false">tag:ny.curbed.com,2010://1.237004</guid>
		<description><![CDATA[Did you know that Curbed has a Twitter account? Follow us @Curbed or the bosses will whip us. [CurbedWire Staff]]]></description>
			<content:encoded><![CDATA[<p>Did you know that <strong>Curbed has a Twitter account</strong>? Follow us <a href="http://twitter.com/curbed">@Curbed</a> or the bosses will whip us. [CurbedWire Staff]</p>
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		</item>
		<item>
		<title>Pulte Offers To Buy Back Damaged Homes in Texas</title>
		<link>http://www.manhattan-homes.net/2010/03/pulte-offers-to-buy-back-damaged-homes-in-texas/</link>
		<comments>http://www.manhattan-homes.net/2010/03/pulte-offers-to-buy-back-damaged-homes-in-texas/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 19:53:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Real Estate Developments]]></category>
		<category><![CDATA[Global]]></category>
		<category><![CDATA[Home Builders]]></category>

		<guid isPermaLink="false">http://blogs.wsj.com/developments/2010/03/11/pulte-offers-to-buy-back-damaged-homes-in-texas/</guid>
		<description><![CDATA[Pulte Homes offered to purchase 27 San Antonio homes damaged by a January retaining-wall collapse that created crevices up to 15 feet deep and eight feet wide.]]></description>
			<content:encoded><![CDATA[<div class="mceTemp" style="text-align: left;">
<dl class="wp-caption alignright caption-alignright" style="width: 272px;">
<dt class="wp-caption-dt"><img class="size-full wp-image-5" src="http://si.wsj.net/public/resources/images/NA-BD760_SOILSL_DV_20100125195601.jpg" alt="" width="262" height="394" /></dt>
<dd class="wp-caption-dd wp-cite-dd" style="text-align: right;">Associated Press</dd>
<dd class="wp-caption-dd" style="text-align: left;">Crevices, some 15 feet deep, are shown outside three homes at the Rivermist subdivision in San Antonio</dd>
</dl>
</div>
<p>Pulte Homes <a href="http://online.wsj.com/public/resources/documents/Pulte0311.pdf" >offered</a> to purchase 27 San Antonio homes damaged by a January  <a href="http://online.wsj.com/article/SB10001424052748703808904575025273778304384.html" >retaining-wall collapse</a> that created crevices up to 15 feet deep and eight feet  wide.</p>
<p>The builder will also erect a new  wall, a six-month project with a price tag estimated between $4 and $5 million. Work will  begin following city approvals and permits. Given that time commitment, Pulte&#8217;s  Centex division, which built the homes in this development known as Rivermist,  offered to buy back the units deemed uninhabitable.</p>
<p>Pulte, the nation&#8217;s largest builder, will also cover moving costs, home improvements and reasonable  legal fees. For owners who want to keep their homes, it will provide or fund alternative housing until the new wall is finished and certified.</p>
<p>Spokeswoman Valerie Dolenga couldn&#8217;t  provide a total cost Thursday.</p>
<p>The community&#8217;s average selling price is  $200,000, though some of the affected homes commanded more because they are  bigger and offer city views. Two of the affected addresses have already closed  for an undisclosed sales price.</p>
<p>The builder has not addressed other residents&#8217; complaints of reduced property values, leaving some angry. &#8220;We&#8217;ve worked all our lives for nothing,&#8221; resident Dell Hammett told the San Antonio <a href="http://www.mysanantonio.com/news/local_news/Centex_makes_buyback_offer.html" >Express-News</a>. &#8220;It  makes us sick.&#8221;</p>
<p>But since the collapse, six homes have sold at prices similar to before the slope&#8217;s failure, Ms. Dolenga said, a sign the community is holding value.</p>
<p>In late January, about 90 houses  were evacuated following a &#8220;significant soil movement&#8221; underneath some of the  homes. Most owners returned home quickly, but 27 units were deemed unsafe. Those  residents are in hotels or short-term housing paid for by Pulte, Ms. Dolenga  said.</p>
<p>San  Antonio officials later said the retaining  wall went up <a href="http://blogs.wsj.com/developments/2010/01/27/san-antonio-subdivisions-crumbled-wall-lacked-permit/tab/article/" >without a permit</a>. A representative for Pulte, which acquired Centex  last year, said in January that &#8220;it was our understanding that we were in full  compliance with the city requirements.&#8221; Pulte hired an engineering firm to test  and analyze the soil.</p>
<p>Readers, what would you do in similar circumstances?</p>
<p>Follow Dawn on Twitter <a href="http://twitter.com/dwotapka" >@dwotapka</a></p>
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		<title>With AEG&#8217;s contract dead, what would be the best group to take over the Aqueduct race track project?</title>
		<link>http://www.manhattan-homes.net/2010/03/with-aegs-contract-dead-what-would-be-the-best-group-to-take-over-the-aqueduct-race-track-project/</link>
		<comments>http://www.manhattan-homes.net/2010/03/with-aegs-contract-dead-what-would-be-the-best-group-to-take-over-the-aqueduct-race-track-project/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 19:45:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Manhattan Real Estate]]></category>

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		<description><![CDATA[<img src="http://s3.amazonaws.com/trd_three/images/84906/readers_sound_off.jpg" align="right" height="90" width="235"><br />The Real Deal <i>is looking for your feedback on market-related issues. To read an item about the AEG fallout, click <a href="http://therealdeal.com/newyork/articles/aqueduct-entertainment-group-denied-gaming-license-loses-david-paterson-support">here</a>. To check out a rundown of the former competitors, click <a href="http://therealdeal.com/newyork/articles/aqueduct-racetrack-in-ozone-park-queens-redevelopment-bidders-like-sl-green-mgm-mirage-and-penn-national-gaming-mull-over-governor-paterson-s-request-for-200m-upfront">here</a>. Please comment below.</i><i> </i><i>If you have questions you'd like posted, please e-mail news@therealdeal.com. </i>
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		<title>Feuds: Long Island City Wants P.S. 1 to Tear Down This Wall!</title>
		<link>http://www.manhattan-homes.net/2010/03/feuds-long-island-city-wants-p-s-1-to-tear-down-this-wall/</link>
		<comments>http://www.manhattan-homes.net/2010/03/feuds-long-island-city-wants-p-s-1-to-tear-down-this-wall/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 19:34:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Manhattan Homes Real Estate News]]></category>
		<category><![CDATA[Community Board 2]]></category>
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		<description><![CDATA[ [Photo via Flickr/wallyg] Long Island City art museum P.S. 1 had big plans for the renovation of its Jackson Avenue entrance, including some snazzy LED lighting. One thing they didn't change: the concrete wall that separates P.S. 1 from...]]></description>
			<content:encoded><![CDATA[<p><img alt="ps1_wall_3_10.jpg" src="http://ny.curbed.com/uploads/ps1_wall_3_10.jpg" width="528" height="352" /><br />
<span class="credit">[Photo via <A HREF="http://www.flickr.com/photos/wallyg/1046337150/">Flickr/wallyg</A>]</span></p>
<p>Long Island City art museum <b>P.S. 1</b> had big plans for the renovation of its Jackson Avenue entrance, including some snazzy LED lighting. One thing they didn&#8217;t change: the concrete wall that separates P.S. 1 from its neighbor, <b>Community Board 2</B>. And it turns out a 16-foot wall translates to at least 16 feet of pure Community Board rage. Or, as CB 2&#8217;s chair put it to the <A HREF="http://www.nypost.com/p/news/local/queens/entrance_plan_draws_cb_anger_YTEvNJOkXS7vUkFsawBuRM"><i>Post</i></A>, &#8220;The prison on Van Dam Street has a better feel than this concrete wall&#8230;.The amount of input that was put into this was zero from the community.&#8221; The wall encloses a courtyard where <A HREF="http://ny.curbed.com/tags/ps-1">art exhibitions</A> are held. CB 2 had suggested maybe adding some plants along the wall, but P.S. 1 said plant maintenance would cost too much. But maybe they were just trying to keep the <A HREF="http://ny.curbed.com/archives/2010/01/22/attack_of_the_25foottall_pole_dance_in_lic.php">pole dance</A> away from impressionable community board eyes?<br />
&#183; <A HREF="http://www.nypost.com/p/news/local/queens/entrance_plan_draws_cb_anger_YTEvNJOkXS7vUkFsawBuRM">P.S. 1 entrance plan draws CB 2 anger</A> [NYP]<br />
&#183; <A HREF="http://ny.curbed.com/tags/ps-1">P.S. 1 coverage</A> [Curbed]</p>
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