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New York City’s High-End Co-op Market Slumps

collected by :John Locas

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One Last Big Project Begun, New York City’s Planning Chief to Step Down

One Last Big Project Begun, New York City’s Planning Chief to Step Down*/

– In 2014, Mr. Weisbrod faced fierce opposition to the city’s plan to rezone the East New York neighborhood in Brooklyn from residents and activists who feared it would accelerate the pace of gentrification.He ultimately gained the City Council’s approval for a development plan that included a new school and a large bloc of housing for low- and moderate-income families.Advertisement Continue reading the main storyMr. Weisbrod, 72, lives on Roosevelt Island with his wife, Jody Adams, a retired Family Court judge.
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New York City’s High-End Co-op Market Slumps

New York City’s High-End Co-op Market Slumps*/

– When Len Blavatnik, the billionaire investor, paid a record $77.5 million in 2015 for a duplex apartment at 834 Fifth Avenue, it seemed only logical that a bigger cooperative apartment a few floors down would command even more.That huge apartment is still on the market nine months after it was listed.It is the home of the late John Gutfreund , former chief executive of Salomon Brothers Inc., and it went on the market last April for…
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Bill Bernstein’s Exuberant Images of New York City’s Disco Days

Bill Bernstein’s Exuberant Images of New York City’s Disco Days*/

– Credit Courtesy Bill BernsteinIn 1977, the Village Voice sent the young freelance photographer Bill Bernstein to Studio 54, though not to shoot the fabulous freaks cutting loose below its trademark “Man in the Moon with a Cocaine Spoon” sign.He was there, instead, to take pictures of an event celebrating President Jimmy Carter’s mother, Lillian, a dyed-in-the-wool liberal who was being honored at the venue by UNICEF for her humanitarian work.Bernstein, like many New Yorkers, had never set foot inside Ian Schrager and Steve Rubell’s storied night club, and after he completed his assignment—including capturing a photo of Lillian Carter sitting next to her date for the evening, Andy Warhol—he decided that he would stick around to find out what all the fuss was about.
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