On the Market: Rents Remain the Same; Office Tenant Worries on Sixth; Second Ave. Building Deal
By Jhanasobserver August 10, 2011 8:35 am
reprintsNo surprise here: New York City still has the lowest apartment vacancy rate of any U.S. city. [Journal]
But Manhattan apartment rents are also peaking. [Crain’s]
The world’s smallest commercial brewery is opening in Coney Island. [NY Post]
Grand old bank building in Chinatown has been designated a landmark. [DNAinfo]
Even street vendor hotdog carts are trying to keep up with the recent foodie craze. [NY Times]
Stonehenge Partners is poised to buy Second Avenue apartment house. [NY Post]
Noho theater tenant suing landlord for damages after being evicted. [The Real Deal]
Manhattan Chamber of Commerce chairman quits after he is accused of embezzling. [NY Post]
Small office tenants on Sixth Avenue worry about residential development taking over their space. [NY Times]
Jittery market for CMBS is stifling a commercial real estate rebound. [Journal]
Fancy new street furniture for Fort Greene. [Brownstoner]
Brooke Astor’s upstate mansion gets a price cut. [Daily News]
Governor Cuomo wants commercial, i.e. non-Indian, casinos. [NY Times]