On the Market: Chetrit Suit Settled; Bed-Bug Scare at Elliman Office; Rent-Reg Decision
By Jhanasobserver June 27, 2011 8:47 am
reprintsNew York Senate allows plan that would expand taxi service in boroughs. [NY Post]
Lawsuit alleging the Chetrit Group discriminated against an employee is settled. [The Real Deal]
Another sign of a market rebound (maybe): the vacancy rate for Manhattan Class A office space is dropping. [Crain’s]
The El Ad Group unveils its first condo complex since its conversion of the Plaza Hotel. [NY Times]
It’s not just New York—U.S. public housing needs an estimated $25.6 billion to cover large-scale repairs. [The Real Deal]
Finally, a decision on rent regulation. [Journal]
Contractors might soon be picketing instead of building. [Crain’s]
City Club Hotel in Times Square might double in size by building upward. [Journal]
Prospect Park’s five arches aren’t what they used to be. [NY Times]
Prudential Douglas Elliman headquarters evacuated after bedbug discovery. [The Real Deal]
Lower rents make downtown more attractive for tenants. [Journal]
The West Village’s coolest rooftop. [Curbed NY]