The affordable housing lottery has launched for The Brook, a 51-story residential building at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff Group and Apollo Global Management, the structure yields 591 residences. Available on NYC Housing Connect are 178 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $64,766 to $227,500.
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Permits have been filed for an eight-story residential building at 214 Newkirk Avenue in Kensington, Brooklyn. Located between East 8th Street and Ocean Parkway, the lot is two blocks from the Newkirk Plaza subway station, served by the B and Q trains. Oleg Krasnitskiy is listed as the owner behind the applications. ... Read full Story
Tariff talk, interest rates and multi-family foreclosures are weighing down commercial real estate sales. But it’s not all doom and gloom. Strong office and retail leasing are boosting select Manhattan building values creating a unicorn market for unique properties. In fact, Avison Young counted 84 sales transactions in Manhattan south of 96th Street valued at $5 million... ... Read full Story
Midtown’s best buildings are signed for. Now, even second- and third-rate offices are fast disappearing from the market, as 5.5 million square feet of workspace is converted for residential use. But there’s a big winner from the crunch: Lower Manhattan. “Midtown has become incredibly tight for large tenants looking for quality space,” said Jonathan Mazur,... ... Read full Story
Is everything finally coming up roses for city stores? Maybe. Retail leasing velocity across the city is up 14%, year over year. That represents over 3.5 million square feet of new leases and renewals — and according to CBRE, the number of available storefronts on the main shopping streets has dropped. That’s good news for shoppers... ... Read full Story
Not since the 19th century have New Yorkers been so keen on clubs. Suddenly, everybody who is anybody has joined up with a schmoozy society outlet catering to seemingly every interest and income bracket — from Casa Cipriani for the social set, to the Leash Club for canine parents. Even the old guard along West... ... Read full Story
It's been a big week for Georgina Bloomberg -- including becoming the new owner of a Southampton property -- and she has so much more to come. ... Read full Story
Andreessen and his wife, the philanthropist Laura Arrillaga-Andreessen, have put their Atherton, California estate back on the market. ... Read full Story
Updated renderings have been revealed for 175 3rd Street, a nearly $1 billion residential project in Gowanus, Brooklyn. Designed by Bjarke Ingels Group and developed by Charney Companies and Tavros Capital, the structure will stand as the largest in the neighborhood, spanning more than 1 million square feet with 1,000 rental units in studio- to three-bedroom layouts along with ground-floor retail space. Twenty-five percent of the apartments will be dedicated to affordable housing, as required by neighborhood Mandatory Inclusionary Zoning. The property is bounded by 3rd Street to the south, 3rd Avenue to the east, and the Gowanus Canal to the west. ... Read full Story
YIMBY captured the current state of three nearby sites slated for new residential developments on Manhattan's Upper East Side. The properties are located along Second Avenue in Lenox Hill, all in close proximity to the Q train at the 72nd Street station.
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By New York YIMBY | Max Gillespie | 6/3/2025 7:00 AM
Tishman Speyer has completed its acquisition of 148 Lafayette Street, a fully leased 12-story office building in Soho, Manhattan. The 153,000-square-foot property marks the firm’s first office purchase in New York City since 2019 and its first nationwide since 2021. Tishman Speyer acquired the building from EPIC for $105.5 million, with partial financing provided by a $68.3 million loan from Blackstone. The property is located at the corner of Howard Street. ... Read full Story
Permits have been filed to expand a single-story residential building at 917 Hart Street in Bushwick, Brooklyn. Located between Wyckoff Avenue and Irving Avenue, the lot is two blocks from the DeKalb Avenue subway station, served by the L train. Paul Caine is listed as the owner behind the applications. ... Read full Story
House hunters will eventually have a new option to consider, standing right on Montague Street in one of Brooklyn's most prime neighborhoods. ... Read full Story
Tor Alva won't house residents -- but it stands as a spectacle that aims to lure in visitors, and breathe life into a forgotten alpine village. ... Read full Story
A power couple in the entertainment industry will soon call the Bravo titan's 2 Horatio St. home their very own as their family grows. ... Read full Story
Merriam-Webster's Word of the Day for June 15, 2025 is:
progeny \PRAH-juh-nee\ noun
Progeny refers to the child or descendant of a particular parent or family. Progeny can also refer to the offspring of an animal or plant, or broadly to something that is the product of something else. The plural of progeny is progeny.
// Many Americans are the progeny of immigrants.
// The champion thoroughbred passed on his speed, endurance, and calm temperament to his progeny, many of whom became successful racehorses themselves.
// This landmark study is the progeny of many earlier efforts to explore the phenomenon.
“‘I am (We are) our ancestors’ wildest dreams.’ The phrase originated from New Orleans visual artist, activist, and filmmaker Brandan Odums, and was popularized by influential Black figures like Ava Duvernay, who used the phrase in tribute to the ancestors of First Lady Michelle Obama. Melvinia Shields, who was born a slave in 1844, would be survived by five generations of progeny, ultimately leading to her great-great-great granddaughter—Michelle Obama ...” — Christopher J. Schell, “Hope for the Wild in Afrofuturism,” 2024
Did you know?
Progeny is the progeny of the Latin verb prōgignere, meaning “to beget.” That Latin word is itself an offspring of the prefix prō-, meaning “forth,” and gignere, which can mean “to beget” or “to bring forth.” Gignere has produced a large family of English descendants, including benign, engine, genius, germ, indigenous, and genuine. Gignere even paired up with prō- again to produce a close relative of progeny: the noun progenitor can mean “an ancestor in the direct line,” “a biologically ancestral form,” or “a precursor or originator.”