By New York YIMBY | Max Gillespie | 10/25/2025 11:31 AM
JLL Capital Markets has secured $198.5 million in financing for Ridge Hill, a 1.2-million-square-foot open-air retail and entertainment complex in Yonkers, Westchester County. The financing was arranged on behalf of the borrower, a joint venture comprising Taconic Partners, Nuveen Real Estate, Jamestown, and a public pension plan. Blackstone Real Estate Debt Strategies provided the loan, which will be used to retire existing debt and support future leasing initiatives. ... Read full Story
The affordable housing lottery has launched for 63 South 6th Street, a five-story mixed-use building in South Williamsburg, Brooklyn. Designed by Structural Engineering Technologies and developed by David Grunfeld of GW Infinity LLC, the structure yields 10 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $159,018 to $227,500. ... Read full Story
Permits have been filed for a nine-story mixed-use building at 2060 Walton Avenue in Fordham, The Bronx. Located between East Burnside Avenue and East 181st Street, the lot is near the Tremont Avenue subway station, served by the B and D trains. Joel Braver of Express Builders JB Inc. is listed as the owner behind the applications. ... Read full Story
Taylor Swift has long had ties to Rhode Island -- and word is spreading that her wedding will take place in a famed summer retreat there. ... Read full Story
Exterior work is nearing completion 520 Fifth Avenue, an 88-story mixed-use supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, the 1,002-foot-tall structure will span 415,000 square feet and yield 100 condominium units. The project will also include 25 floors of boutique office space, ground-floor retail, and an extensive collection of amenities. The property is located at the corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park. ... Read full Story
By New York YIMBY | Max Gillespie | 10/24/2025 11:30 AM
The New York City Department of Transportation and New York City Economic Development Corporation have released new renderings for a proposed overhaul of Chatham Square in Chinatown, Manhattan. Designed by Marvel, the project is part of the broader Chinatown Connections initiative, a $55 million capital investment aiming to improve public space, pedestrian safety, and neighborhood connectivity. The redesign would transform the complex five-point intersection into a simplified four-way crossing, expand pedestrian areas, and enhance Kimlau Square, which anchors the center of the site. ... Read full Story
The affordable housing lottery has launched for Stevenson Senior Residences, a six-story residential building at 1841 Seward Avenue in Clason Point, The Bronx. Developed by Camber Property Group and designed by WXY Architecture + Urban Design in collaboration with NV5, the structure yields 117 residences. Available on NYC Housing Connect are 40 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $64,800. ... Read full Story
Permits have been filed for an eight-story residential building at 1609 Crosby Avenue in Pelham Bay, The Bronx. Located between Middletown Road and Daniel Street, the interior lot is near the Buhre Avenue subway station, served by the 6 train. Alex Babayev is listed as the owner behind the applications. ... Read full Story
This New Year’s Eve, an entirely new and bigger Waterford crystal ball will drop over Times Square from a newly renovated building touting new experiences for visitors. “We are creating an interactive, immersive experience across 21 floors of the 26-story building that is meant to be a 21st-century visitors center for Times Square,” said Michael... ... Read full Story
The famed Stone House comes with significant A-list history -- and it will soon be in the hands of foreign nationals who own homes around the world. ... Read full Story
Mortgage rates started declining in July in the lead-up to the Federal Reserve’s decision last month to cut rates for the first time in a year, ... Read full Story
A New England metro located about an hour north of Boston has retained its title as the nation’s top affordable housing market for the second quarter in a row. ... Read full Story
JPMorgan Chase officials on Tuesday held a ribbon cutting to mark the official completion of the company’s 1,389-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners and developed by Tishman Speyer, the 60-story skyscraper yields 2.5 million square feet of office space with a capacity of 14,000 employees, and is the tallest structure in New York completely powered by upstate hydroelectric energy. Adamson Associates was the architect of record, Skidmore, Owings & Merrill designed eight expansive trading floors spanning 500,000 square feet that can accommodate 4,000 traders, and Gensler was the workplace designer for the $3 billion project, which occupies a full city block bounded by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west. ... Read full Story
By New York YIMBY | Max Gillespie | 10/23/2025 11:30 AM
Empire State Development has invested $55 million to support the advancement of Fordham Landing South, a two-building affordable housing development in University Heights, The Bronx. The funding will enable infrastructure improvements and site preparation to support the mixed-use complex, which will rise along the Harlem River waterfront on an underused stretch of land just south of the University Heights Bridge. ... Read full Story
The affordable housing lottery has launched for The East, a 24-story residential building at 644 East 14th Street in East Village, Manhattan. Designed by Fischer + Makooi Architects and developed by Madison Realty Capital, the structure yields 196 residences. Available on NYC Housing Connect are 60 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $68,023 to $227,500. ... Read full Story
Merriam-Webster's Word of the Day for November 2, 2025 is:
arbitrary \AHR-buh-trair-ee\ adjective
Arbitrary describes something that is not planned or chosen for a particular reason, is not based on reason or evidence, or is done without concern for what is fair or right.
// Because the committee wasn’t transparent about the selection process, the results of the process appeared to be wholly arbitrary.
// An arbitrary number will be assigned to each participant.
“The authority of the crown, contemporaries believed, was instituted by God to rule the kingdom and its people. England’s sovereign was required to be both a warrior and a judge, to protect the realm from external attack and internal anarchy. To depose the king, therefore, was to risk everything—worldly security and immortal soul—by challenging the order of God’s creation. Such devastatingly radical action could never be justified unless kingship became tyranny: rule by arbitrary will rather than law, threatening the interests of kingdom and people instead of defending them.” — Helen Castor, The Eagle and the Hart: The Tragedy of Richard II and Henry IV, 2024
Did you know?
Donning black robes and a powdered wig to learn about arbitrary might seem to be an arbitrary—that is, random or capricious—choice, but it would in fact jibe with the word’s etymology. Arbitrary comes from the Latin noun arbiter, which means “judge” and is the source of the English word arbiter, also meaning “judge.” In English, arbitrary first meant “depending upon choice or discretion” and was specifically used to indicate the sort of decision (as for punishment) left up to the expert determination of a judge rather than defined by law. Today, it can also be used for anything determined by or as if by chance or whim.