The Afternoon Wrap: Monday

The Freedom Tower quietly sticks its head above ground. [City Room]

Preservation groups battle NYU over the fate of the Provincetown Playhouse along Macdougal Street. [City Room]

Study shows that a single foreclosure in a neighborhood may not lower property values, but that “above some threshold, proximity to properties in foreclosure is associated with lower sales prices.” [Times Topics]

Billyburg’s Esquire Building throws in with Team Obama. [Curbed]

As NYC’s boom-time comes to a close, New York magazine reveals the condo developments in need of saving. [Curbed]

The 50 most influential people in Brooklyn real estate: Nos. 41 through 50. [Brownstoner]

El-Ad wraps up a $260-million refinancing of the Plaza’s hotel section. [GlobeSt]

With its shares down 54 percent, New York real estate behemoth SL Green wobbles under the weight of a financial crisis born in its own backyard. [Crain’s]

Still recovering from its collapse, Lehman Bros. may meet with a wave of lawsuits from real estate developers hungry for their frozen cash. [Daily Beast via TRD]

Warehouse 11—a.k.a. the former Roebling Oil Building—expands with more units along Driggs Avenue and (possibly) a parking garage on North 10th Street. [Gowanus Lounge]

Brooklyn Heights’ new Dimples Kids Spa takes Brooklyn to “a whole new level of gentrification hell.” [BoogieDowner]

It turns out all those NYC history buffs were wrong about the Nederlander Theatre… very wrong. [Lost City]

Copyright Obser - Observer
Contact Us