NYC to Reduce Property Tax Rate and Continue Property Tax Rebate Program for Homeowners Mayor Bloomberg and the City Council announced an agreement on the Fiscal Year (FY) 2008 New York City Budget. The $59 billion budget includes $1.3 billion in property, sales, and small-business tax cuts, incl
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06/29/2007
The Landmarks Preservation Commission recently created a new historic district in Morningside Heights on the Upper West Side. The newly created historic district is comprised of 40 buildings on Manhattan Avenue between 104th and 106th Streets. Unlike many of Manhattan's earlier row houses, which
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06/28/2007
The NY Sun reported about the bill that would affect coop boards that has long been stalled is now getting support from law professors.The proposed law would require coops boards to put in writing their reason for rejecting a purchaser applicant from their coop. There is still opposition saying t
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06/27/2007
Summer is here and the Manhattan Residential market has not cooled down. Sales activity remains strong, especially among the priciest properties reports The Real Deal.While new condos hit the market, co-ops are in short supply. Listing inventory is up, but less than last year and the upper end of
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06/27/2007
Traffic and parking in Manhattan is a major issue. Mayor Michael R. Bloomberg has a plan to charge motorists to drive below 86th Street in Manhattan.If approved, many real estate brokers are already saying it may do more than simply reduce traffic, noise and pollution in the Manhattan business di
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06/26/2007
Few states or even countries can offer the diversity of locations and geography you'll find in New York State While "Schools Out" for the summer, real estate in Manhattan is still "In", I love the beach the mountains and the Lakes of New York. Maybe I'll be able to get a way by the 4th of July.
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06/23/2007
Fujifilm joins Friends of the High Line with Portrait project Hundreds of photographs will be displayed in unique outdoor galleries to raise awareness of High Line park, projected to open in 2008.As the High Line park takes shape above the streets of New York City, construction fencing in the ne
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06/21/2007
1871 Originally Grand Central Depot Reborn "Grand Central Station" Constructed of glass and steel, it rivaled the Eiffel Tower and Crystal Palace as one of the most dramatic engineering achievement of the 19th century. When the steam locomotive era ended the existing station was demolished to cr
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06/16/2007
UWS News: Rezoning Battle The Department of City Planning is proposing the first comprehensive rezoning of the Upper West Side in almost 50 years. The battle mostly started by the Ariel Condominiums - two 30 plus story towers currently rising on Broadway between 99th and 100th streets. The buildi
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06/15/2007
Chelsea New Construction update: 175 Ninth Avenue (No condo towers for Seminary) The General Theological Seminary has reversed course on a plan to build a 15- story condominium tower on its campus after news of the plan met with fierce community opposition as reported in the NY Sun. The seminary
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06/11/2007