Manhattan, NY Real Estate News

By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on the Historical Tenderloin District, Manhattan The Tenderloin was the name given to the red-light district of New York City, during the late 19th and early 20th centuries. The area originally extended from 23rd to 42nd Streets, between Fifth and Seventh Avenues. However, by the turn of the 20th century, it had expanded west to Eight Avenue and as far north as 62nd Street. It was a large area, encompassing parts of what are now the Flatiron District, NoMad, Chelsea, Hell’s Kitchen, the Garment District, and the Theater District.The New York City Police Department’s captain at the time, Alexander “Clubber” Williams, gave the area its name when he was transferred to a precinct there in 1876. He is quoted as saying “I’ve been having chuck steak ever since I’ve been on the force,...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Murray Hill, ManhattanMurray Hill is a neighborhood in Midtown Manhattan that extends from East 34th Street to East 42th Street, with Madison Avenue as its west-most point, and Third Avenue as its east boundary. The area is named for the Murray family, who settled in New York in the 18th century, became wealthy shipping merchants, and built a large farm on what is now Murray Hill.For much of the 20th century, the neighborhood stood as a quiet enclave for wealthy, older residents. However, starting in the late 1990s, a surge of younger tenants have steadily moved to the area, causing the development of bars, cafes, restaurants, and a popular nightlife scene. The Kips Bay area, on the edge of Murray Hill, has numerous restaurants and a movie theater. Murray Hill also boasts a...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Herald Square, Manhattan, NY Herald Square is a small section of Midtown Manhattan formed by the intersection of Broadway, Avenue of the Americas, and 34th Street. Named for the iconic, but now-defunct New York Herald newspaper that was previously headquartered there, the square is made up of two distinct sections –Herald Square to the north, and Greeley Square to the south. Both areas are made up of a park surrounded by an array of retail stores.Shopping is the name of the Herald Square game, with the best selection of chain clothing stores in the city, or possibly the world. The most famous of these is Macy’s flagship department store, the largest in the United States. The Manhattan Mall is also located here, as is the Fashion Institute of Technology. Transportation in th...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on the Garment District Manhattan The Garment District, also sometimes called the Fashion District, is a neighborhood located within Midtown Manhattan. The area is less than one square mile, and extends from 34th to 42nd Street, between Fifth and Ninth Avenue.Being one of the fashion capitals of the world, New York City is home to a plethora of famous designers, such as Carolina Herrera, Calvin Klein, Oscar de la Renta, and Donna Karan, all of whom have offices, showrooms, and production facilities in the Garment District. The neighborhood also has many fabric suppliers and warehouses. In fact, the whole process, from design to production to wholesale, all happens within the bounds of the Garment District. No other city in the world has such a concentration of fashion in one s...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Hell's Kitchen/Clinton, Manhattan Hell’s Kitchen, also known at Clinton, is a neighborhood within Midtown West in Manhattan. The area is located between 34th and 59th Streets, bounded by Eighth Avenue to the east and the Hudson River to the west. Hell’s Kitchen has seen a great deal of development in recent years, and is now filled with prime real estate. Once a high-crime neighborhood over run with Irish gangs, the area has become a sought after location in recent years, due to its gentrification and proximity to other parts of Midtown. To the east, you can easily walk to Times Square and the Theater District; to the south are a number of famous landmarks like the Manhattan Center building, New Yorker Hotel, and the Pride of Manhattan Fire Station; and to the north is Colu...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Koreatown, Manhattan Koreatown is a small subsection of Midtown Manhattan. The neighborhood is located between Fifth and Sixth Avenues from 31st to 33rd Streets, although most of the businesses are tightly packed into the one 32nd Street block. Giving off an authentic Korean ambiance, the establishments are small, independently run, and often located on top of each other, on the third or fourth floor. In just this tiny subset of the city, the New York City Korean Chamber of Commerce estimates there to be over 100 small businesses.Food is a highlight of Koreatown, with endless options for authentic Korean cuisine, Korean fusion, and baked goods –and many of the restaurants are open 24/7. If you’re interested in cooking up your own Korean dinner, check out one of the grocery ...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Little Brazil, ManhattanLittle Brazil refers to a small enclave of Midtown Manhattan located along a single block of West 46th Street, between Fifth and sixth Avenues. As the name suggests, the area is mostly comprised of Brazilian commercial enterprises and restaurants. The block can be identified by signs along the 46th Street, in addition to the prominent use of yellow and green –the colors of the Brazilian flag --by many of the area’s vendors. And while the Brazilian population of New York has long spread out from this single block, with many now residing in Astoria, a number of long-standing Brazilian businesses remain –most notably, the headquarters of The Brazilians, a monthly bilingual newspaper that has been printed for the past 40 years and maintains a nationwide ...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Rockefeller Center! Rockefeller Center, commissioned by and named after John D. Rockefeller Jr., is a national historic landmark located in Midtown Manhattan. The most recognized commercial property in the world, it consists of 19 commercial buildings covering 22 acres bounded by 48th and 51st Streets, and Fifth and Sixth Avenues. Building for the project began in 1930, and the completed buildings were opened in 1939. By the time construction was finished, it had become the largest private building project ever undertaken, costing $250 million and employing over 40,000 people.The Center as is stands now, is a combination of two different building complexes –the original 14 art deco style office buildings from the 1930s, four newer towers built along the Avenue of the Americ...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Times Square ManhattanTimes Square is the world’s most iconic commercial intersection, located in the heart of Midtown Manhattan. The area extends from West 42nd to West 47th Streets, and is a mecca of business, shopping, and entertainment, recognizable by its iconic billboards, advertisements, and bright lights. Aptly nicknamed “The Center of the Universe,” Times Square is one of the world’s most visited tourist destinations, attracting over fifty million visitors annually, with anywhere from 330,000 to 460,000 people passing through the square on any given day.Originally known as Longacre Square, after London’s Long Acre stables, the area became the center of New York’s carriage industry in the late 1870s. However, Oscar Hammerstein I opened the first theater there in 189...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Tudor City, Manhattan Tudor City is an apartment complex located at the southern edge of Turtle Bay, a neighborhood on the east side of Midtown Manhattan. It is located between 40th and 43rd Streets, and bordered by First Avenue to the east and Second Avenue to the west. Named after England’s Tudor dynasty, Tudor City has the distinction of being the first residential skyscraper in the world.Before the development of Tudor City, the area was home to shanty towns and slaughterhouses, and was known for it’s high crime rates. However, in the 1920s, real estate developed Fred F. French set out to create his vision of an urban utopia. Inspired by other similar nearby projects, like the now-historic Turtle Bay Gardens and Sutton Place, French began construction on the largest res...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Turtle Bay, ManhattanTurtle Bay is a neighborhood situated on the east side of Midtown Manhattan. It is located between 41st and 43rd Streets and extends cross-town from Lexington Avenue to the East River. The neighborhood is home to such landmarks as the headquarters of the United Nations and the Chrysler Building.Turtle Bay was originally the name given to a small cove in the East River during the 17th century. The cove was eventually filled in after the Civil War, and the area was developed with brownstones. However, not long after that, the Turtle Bay became overrun with commercial enterprises, bursting with breweries, slaughterhouses, coal yards, gasworks, and railroad piers, and by 1939 the area was considered “a riverside backyard” to New York City, filled with indus...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
 Spotlight on the Theater District, ManhattanThe Theater District refers to the area of Midtown Manhattan that houses most of the Broadway theaters in New York, as well as movie theaters, hotels, restaurants, and of course, the iconic Times Square. Also located in the area are recording studios, ABC Television Studios, and numerous theatrical agencies. The area extends from West 40th Street to West 54th Street and is bounded by Sixth and Eighth Avenues The Theater District developed in the late 1800s when the Metropolitan Opera House moved to West 39th Street and Broadway, bringing with it a surge of theater and restaurant openings. As time progressed, the area began to be referred to by various names, such as “The Rialto,” “The Main Stem,” and “Broadway.” Though the 1970s saw the area ...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
New York City’s Diamond District is located along a single block stretch of 47th Street between Fifth and Sixth Avenues in Midtown Manhattan. It is located within walking distance of other notable Manhattan attractions, such as Rockefeller Center, Radio City Music Hall, and the Broadway Theater District. The Diamond District is one of the hubs of the global diamond industry, offering the largest shopping district for diamonds and other fine jewelry in the world.  More than 2,600 independent businesses are located here, nearly all of which deal in precious gems and jewelry. The district developed during the 1940s when an influx of Jewish jewelers set up shop in New York after fleeing the Netherlands and Belgium when the Nazi’s invaded.An unbelievable 90% of all diamonds entering the Unit...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Sutton Place, Manhattan, NY!Sutton Place is a small, affluent section on the East Side of Manhattan. The area’s boundaries are from 53rd to 59th Streets, and the East River to Second Avenue. Known for it’s star-studded list of residents both current and former, Sutton Place is among the most exclusive areas in Manhattan. The long list of famous Sutton Placer’s includes Michael Jackson, Joan Crawford, Marilyn Monroe, Aristotle Onassis, Lillian Gish, Consuelo Vanderbilt, and Freddie Mercury. Currently the official residence of the Secretary General of the United Nations is a five-story townhouse located in Sutton Place, originally built in 1921 by notable financier J.P. Morgan as a gift to his daughter.Sutton Place was originally built in the 1800’s as part of Avenue A, whose...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Columbus Circle! Columbus Circle, named for Christopher Columbus, is a small neighborhood in Manhattan which encompasses the traffic circle located at the southwest corner of Central Park and the blocks surrounding the circle in each direction.  The circle itself is located at the intersection of 8th Avenue, Broadway, West 59th Street, and Central Park West. It is located north of Hell’s Kitchen, and south of the Upper West Side.Columbus Circle was designed by William P. Eno, who pioneered many early innovations in road safety and traffic control, and completed in 1905. The “Grand Circle” was meant to mark the most important entrance to Central Park. To add to the impressive nature of the circle, a monument was erected in 1892.  Created by Italian sculptor Gaetano Russo, th...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Midtown ManhattanMidtown Manhattan is the country’s largest commercial, entertainment, and media center. The northern border of Midtown is easily delineated as 59th Street, however the southern border is a bit more ambiguous. The border is considered by some to be 34th Street, though others considered the area to extend to 23rd or even 14th Street. From East to West, Midtown spans the entire island of Manhattan, being bordered by the East and Hudson Rivers.Midtown is such a large area of Manhattan, that it is often broken down into Midtown West and Midtown East. However, even within that, there are numerous neighborhoods and enclaves with their own unique atmosphere. Times Square is considered the central core of Midtown. Other notable areas include Hell’s Kitchen and Chels...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
    Spotlight on Waterside Plaza ManhattanWaterside Plaza is a residential and business complex in the Kips Bay area of Manhattan, along the East River. The location was actually constructed out of rubble brought over from the U.K city of Bristol after WWII. The debris had been used in the hulls of U.S. ships as ballast, and was then reappropriated as landfill to create the area now known as Waterside Plaza. Constructed in 1973, the complex is made up of four residential towers and a row of red brick duplex townhouses. In addition to the 1,470 residential units, there is also a health club –open to residents and non-residents alike --, a parking garage, and retail space that houses a dry cleaners, nail salon, café, and Gristedes supermarket, among other things. In 2004, a huge upgradeWa...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Little Germany, also called Dutchtown, was a German immigrant neighborhood located in what is now the Lower East Side of Manhattan during the latter half of the 19th century. An influx of German immigrants in the 1840s and 50s led to the development of the area, which grew steadily until reaching its peak in the 1870s. As German immigrants preferred to cluster together --as opposed to the Irish immigrants, who spread across Manhattan --, Little Germany became a complete German community, with its own schools, theatres, churches, synagogues, libraries, and factories. In its heyday, the neighborhood consisted of 400 blocks covering six avenues and nearly forty streets. German Broadway (now Avenue B) was the major commercial artery –the buildings here were all set up similarly, with a work...
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By christine & James prestininzi-madalone
(NEXTHOME Real Estate Executives)
Many aspire but few can attain such lavish, all-inclusive, and opulent living. In today’s society, with the multitude of new construction and modern communities - privacy, location and exceptionally crafted abodes are sometimes hard to find. Luxury is said to be on every corner, however the incredible property at Swan Gate rises above and beyond any expectations of grandeur. Completed in 2000 by esteemed architects Beer & Coleman, this property is often compared with the great country homes of England, featuring exquisite design and fine interior appointments with a twist of modern conveniences. Offering magnificently appointed rooms for everyday living as well as formal and casual entertaining, extravagant quarters for multiples of guests, facilities for staff and a six-vehicle garage...
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