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Transit Oriented Development

NYC isn’t building enough residential density near transit: report To match proposed legislation in California, the city would have to largely inc新爱上海同城对对碰论坛 上海同城对对碰交友社区rease building heights

Areas of NYC that could accommodate more housing density
(Credit: Regional Plan Association; Click to enlarge)

New York City isn’t taking full advantage of its transit infrastructure when it comes to housing density along transportation routes, according to the Regional Plan Association.

Officials in California have爱上海龙凤419桑拿 上海龙凤论坛sh1f proposed a bill to deal with the state’s housing shortage that would require at least eight-story buildings on wide streets that lie within a five-minute walk of transit, 上海千花网论坛 上海千花网and buildings at least four or five stories tall on narrow streets that are up to 10 minutes from the nearest stop. If that law were applied in New York, the RPA found that 85 percent of the city would need to increase density in order to comply, Crain’s reported.

“New York’s zoning isn’t as transit-friendly as you might think,” authors Moses Gates and Sarah Serpas wrote in an RPA blog post.

Large swaths of Brooklyn and Queens have densities that are far too low, considering their access to high-quality transit, the RPA found. Sections 上海贵族宝贝论坛 上海贵族宝贝of Midwood and Forest Hills, for example, only allow for single-family homes, despite their proximity to express subway stops.

“Not allowing more homes where they make sense — near jobs and transit — means we either have to build them where they don’t make sense, or not build them at all,” the RPA authors wrote. “Either way, it leads to worse commutes, more crowding and a more expensive and less livable ci上海贵族宝贝交流区 上海贵族宝贝论坛ty.”

The RPA earlier this year released a report recommending repealing a 1961 state law that limits the square footage of residential buildings to a floor-to-area ratio of 12. The State Senate earlier this week introduced a bill eliminating the limit, though it faces long odds in Albany. [Crain’s] – Rich Bockmann

Tags: Development, infrastructure, regional plan association, Residential Real Estate
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Madison Square Garden Relocation

City and MSG look like they re headed toward showdown over stadium relocation MSG has just five years left on its special operating permit, but has announced no plans for a move

From left: Mayor Bill de Blasio, Governor Andrew Cuomo,上海千花网龙凤论坛 上海千花社区 Madison Square Garden, and Andrew Lustgarten (Credit: Getty Images, iStock, and MSG)

UPDATED, Sept. 6, 5:22 p.m.: The City Council and James Dolan’s Madison Square Garden Company appear to be headed toward another clash over plans to relocate the iconic sports stadium.

Madison Square Garden is now at the midway point of the 10-year timetable the city laid out in 2013 for the stadium to relocate and make way for a modern Penn Station.

But with five years left on its special operating permit, MSG appears to have taken no significant steps toward what would be a years-long process of acquiring a new site and constructing a new stadium.

“We have not provided any p上海千花网龙凤论坛 上海千花社区ublic information” on the matter, MSG spokesperson Kimberly Kerns told The Real Deal.

Stakeholders such as the Regional Plan Association and the Municipal Arts Society that have called for the Garden to move said they have not been informed of any plans to do so. Madison Square Garden has not filed an application with the City Planning Commission to extend its special permit, and sources said the City Council hasn’t been made aware of the stadium’s future plans.

The City Council made it clear five years ago that it expected MSG to be gone by 2023, but a Council spokesperson would not say whether the legislative body expected the Garden to stick to the deadline.

“MSG over the years has looked at variety of different options and the Council hopes to work with them and other stakeholders to make sure we address the long term needs of Penn Station and our transit riders,”spokesperson Jennifer Fermino wrote in an email.

When the stadium’s special operating permit came up for renewal in 2013, MSG had requested an extension in perpetuity, but then-Mayor Michael Bloomberg proposed givin爱上海同城对对碰 爱上海同城论坛g the stadium a 15-year extension. And his administration offered a sweetener: It proposed a provision that would allow MSG to stay in perpetuity if the company com爱上海同城对对碰 爱上海同城论坛mitted to making improvements to Penn Station access, which would require approval by the City新爱上海同城对对碰论坛 上海同城对对碰交友社区 Planning Commission.

But the City Council took a harder line. It ended up giving MSG only a 10-year permit, and removed the provision that would allow the Garden to stay. Then-City Council Speaker Christine Quinn said she expected MSG to relocate after the special permit was up.

“Significantly improving Penn Station while Madison Square Garden sits atop it has proven to be an intractable problem, and it is my belief that finding a new location for the Garden is likely the only way to address the ongoing capacity and safety issues at Penn Station, as well as to bring this area to its best and highest use,” Quinn wrote in a letter to MSG president Hank Ratner.

But relocating MSG would be a multi-ye[……]

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Minrav Development

Minrav lands $117M loan for planned
Kips Bay resi tower Israeli firm Bank Leumi is the lender

Minrav Development s Yehuda Mor and renderings of 368 Third Avenue (Credit: Minrav Development)

Minrav Development landed a $116.7 million loan for 368 Third Avenue, a planned 35-story residential tower in Kips Bay.

Israeli financial firm Bank Leumi provided the new loan package, which consists of a $42.5 million acquisition mortgage, a $48.2 million construction loan and a $26 million project loan, according to records filed with the city Thursday.

Minrav acquired the development site, located near the corner of East 27th Street, for $64 million in May from Itzhaki Properties an爱上海 爱上海同城手机版d Continental Ventures. The developers — which paid $50 million for the assemblage in 2015 — had planned a 103-unit building that spans 113,000 square feet at the site. Minrav is expected to follow through on Itzhaki and Continental s permits to build a 34-story tower. The latest filings with the Department of Buildings show that Minrav has since amended the plans to add a 35th floor.爱上海同城论坛 爱上海同城

Itzhaki and Continental were previously mired in a lawsuit at the site. The partners 上海千花网论坛 上海千花网sued Midas Management, owner of the adjacent co-op building at 160 East 27th Street, over Broadway Alley, which is known as the last dirt road in Manhattan. The co-op was accused of violating a DOB order by maintaining locked gates that blocked the s上海龙凤论坛 新上海贵族宝贝论坛treet. The two sides reached a settlement in Ma爱上海 爱上海同城手机版rch.

Minrav, which is headed by Yehuda Mor and Lior Carucci, is currently constructing a 21-unit condo building at 427 East 90th Street in Yorkville. It also recently filed permits for a boutique residential development at the former home of the Turtle Bay Music School. The firm declined to comment.

Tags: Development, kips bay, Real Estate Finance
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Townhouse Market NYC

From Manhattan’s home sale doldrums to a rise in unconventional lending, a look at the biggest trends

Townhouses spent an average of 187 days on the market in the second half of 2018. (Credit: iStock)

NYC’s resi sales slump continues

Residential sales in Manhattan dropped 3.3 percent in the fourth quarter of 2018, their fifth straight quarter of decline, according to a Douglas Elliman report. Green shoots, however, could be buried in the rubble. One potential sign of improvement is爱上海同城对对碰 爱上海同城论坛 the rate of decline dropped in each successive quarter. “The market seems to be resetting to something more sustainable,” said Jonathan Miller, CEO of appraisal firm Miller Samuel. The outer boroughs haven’t been immune to the slowdown. A Real Estate Board of New York analysis found that total residential sales consideration fell in three of the five boroughs year-over-year, with only Staten Island and the Bronx seeing gains. Sales fell in both Brooklyn and Queens in the fourth quarter, but record-level prices did not. In Brooklyn, sales dipped 5.8 percent, while the median price inched up 1.9 percent, to $785,000. Elliman noted that in Queens, the median sales price rose 1.6 percent, to $568,000, as the borough’s average luxury sales price set a record at $797,330. “Queens is still benefiting from the Brooklyn spillover,” Miller said.

Alternative home loans are on the rise

Unconventional mortgages aimed at borrowers who cannot provide standard proof of income are making a comeback. Lenders issued $34 million of such loans in the first three-quarters of 2018, a 24 percent increase from the same period a year prior, according to industry research group Inside Mortgage Finance. The uptick came despite higher home prices and interest rates and a decline of traditional loans, part of a trend toward more non-bank lending, which offers greater flexibility than traditional lending. Jacqueline Frank, vice president of mortgage lending at Guaranteed Rate, said that lenders aren’t luring in borrowers who have bad credit. In 2018, first-time foreclosures decreased every quarter, according to Property Shark, with the fourth quarter seeing a 14 percent year-over-year decrease. Lenders are tapping into borrowers who were underserved after lending tightened following the financial crisis a decade ago, said Frank, citing one client who needed $300,000 but f阿拉爱上海同城 爱上海龙凤419桑拿aced issues due to being self-employed. “There is a lot of money out there, and there’s lots of money in lending it,” she said. “The loosening is on the income side.”

Deep discounts don’t help townhouse deals

Townhouses are spending a longer time on the market — discounts be damned. The properties spent an average of 187 days on the market in the second half of 2018, the longest period since 2010, according to a townhouse report from Stribling Associates. Upper West Side townhouses spent the longest time on the market, averaging 347 days, despite the neighborhood also having the biggest discounts, with an average of 23 pe[……]

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Filmmaker’s Water Mill home sale highlights spate of local trades

The Mel Generation-Skipping Trust sold a 6,300-square-foot home at 139 Halsey Lane for $7.25 million to a limited liability company, 27east reported. The home has seven bedrooms, eight-and-a-half bathrooms, an open-air summer living room, tennis court, pool and gardens over 2.8 acres. Marilyn Clark and Eve Combemale of Sotheby’s International Realty have the listing. Nearby, a 129-year-old home at 396 Cobb Road sold to another LLC for $5.1 million. Built in 1890, the 4,445-square-foot home has four bedrooms, four-and-a-half bathrooms, library, wrap-aro爱上海龙凤419桑拿 上海龙凤论坛sh1fund porch and a guitar-shaped pool. The property, listed with Douglas Elliman, also has a separate artist studio with its own bathroom above a two-car garage. A new construction, six-bedroom home listed with the Corcoran Group at 881 Deerfield Road recently sold for $4.6 million, according to 27east, which also reported earlier this month on the $2.6 million sale of lat爱上海同城对对碰 爱上海同城论坛e British filmmaker Anthony Harvey’s home at 134 Kellis Pond Lane. Harvey, known for editing Stanley 上海千花社区 上海千花网交友Kubrick’s adaptation of Vladimir Nabokov’s “Lolita,” died at 87 in November 2017. [27east]

Tags: Hamptons
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Bioware discloses ” anthem ” try play edition grade upper limit to have certain growing space

Still have a few weeks, of Bioware ” anthem ” will go up line VIP tries play Demo. All purchase in advance ” anthem ” faithful player takes the lead in organic meeting playing to try to this play edition. There had been a lot of waiting for now nevertheless not as good as the player is hitting explore to try the content that plays Demo about this, ” anthem ” chief producer Michael Gamble is being pushed go up especially answered a few queries. Try the specific content that plays Demo about this, gamble expresses to be able to be offerred ” the content of a lot of different domains ” . Next the content that citing says to the player will play fastness of a few tasks, a few free exploration, a few Tarsis, still have eventually the high-end carbon of evening ” Stronghold ” partial content. Of course, gamble also affirms a player try play edition file won’t accede in official sport. This tries play Demo to will let a player begin to play from 10 class, the setting story theatrical work that shunned game begin is appeared, allow a player highest upgrade to 15 class. Game head sends version to also grade fluctuates, the most general before this guessing is 30 class, in passing to demonstrate in the real play before, the grade that we see is 36 class, so head upper limit of hair version grade should be 40 class or 50 class. Because ” anthem ” the management means that uses service game, version should meet the word follow-up that does not give an accident so raise grade upper limit gradually. To the player concern about managing mode, gamble expresses ” anthem ” will not with season ticket or year the means of the ticket undertakes additional collect fees, and all gut to DLC will update freely. That is to say ” anthem ” all theme content will be included be in a hair version is medium, follow-up content just is perfected. ” anthem ” predict to landed PC, PS4 and Xbox One platform on Feburary 22. [……]

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” Tartarean blade ” announce to land Switch 2019 year spring put on sale

In this morning straight face meets Ren Tiantang on, a large number of tripartite manufacturers announced a news for Switch, this has lead plane platform among them is the behavioral game with exclusive PS4 originally ” Tartarean blade ” , was about to land platform of Ren Tiantang Switch December 2019. ” Tartarean blade ” original 2017 put on sale, head hair landed PC and PS4, landed Xbox One 2018. ” Tartarean blade ” not be the game of tripartite movement that announces exclusively to land Switch this morning. Yo green jade still announces ” assassin credo 3: Refashion edition ” also will land Switch. [……]

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Drama is appeared careful into! ! The author exposes to the sun eventually have a rough time game ” fossorial beg litre ” final final result

” with Bennett Fu Di captures together difficulty ” (common says fossorial beg litre) as a result of its after was rolled out 2017 abnormal difficulty is mixed the leading role of the head that do not have li designs hot whole world, had beaten even at that time of at the summit of one’s power ” seek to live on absolutely to escape greatly kill ” Zhou Bang of sales volume of the Steam that ascend a top, and the player that has witnessed its to know the truly secret outcome after closing is can be counted on one’s fingers more. And in Beijing time in a speech of the GDC 2019 this morning, fu Di of game developer Bennett shared this secret to all and attendant audience on the stage, then the audience of the spot recorded his come down Po went up to push special: The graph on no less than, those successes are connected close ” fossorial beg litre ” the player can be invited what to author Bennett · Fu Di chairs to chat room, and the author can be received invite on the line congratulations personally player, very echo game ” with Bennett Fu Di together ” theme. And before solution locks up this true ending, game can enquire player moment is having the activity such as direct seeding, kinescope, only the answer denies ability to enter chatting room. And to nowadays the ending of game is done not have by large-scale exposure, look telling the players that close still is very abide by the agreement with developer. Player: I realize, in my ascend taller and taller when, the unfixed sense that I feel when fall is compared further upward even some more. Bennett: Right I also am so of the feeling. [……]

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Fatidical Steam5

By 2018, epic Games announces its game store is smoked fall to 12% later, the game store big fight of PC platform is pulled open formally, during a few subsequently months, in succession many develop business to announce its are new product or add consummate are Epic exclusive game. To game developer, take more income to be able to let them capital does sale to perhaps increase game function for game, but to the player, exclusive game is not approbated by PC player it seems that. For instance recently, ” derelict ground ” author of development business Gearbox shows in Reddit hair post, “Steam will be in 5-10 dies inside year ” , temporarily between a large number of criticism that caused a player. Actually, this is not any more ” derelict ground ” for the first time ” provoke numerous anger ” : At the beginning of April when, gearbox announces ” derelict ground (Borderlands) ” the news that add makes PC version be released in Epic Games Store only caused vermicelli made from bean starch people malcontent. Epic reduces cent to become force adversary follow-up, steam5 comes 10 years inside or be washed out this week is some earlier moment, this company author held CEO Randy Pitchford concurrently to release the card of a train in excess specified length to explain the reason of this decision in Reddit, and think, from will for a long time look, the shop of Epic will win victory in competing to Steam. In this card, although Pitchford admits Epic Games Store still lacks the function of a lot of high quality of Steam platform, but he points out, the route chart that Epic publishs shows, september ” derelict ground 3 ” before releasing, these functions can be joined. Actually, pitchford thinks, the affiliation of this game can drive Epic to join the function quickly in the shop, “I can bet, epic can be without doubt on function and service quality surpass V company ” . Pitchford also admits, if send business and a development business to distribute game in many shops at the same time,be safer method, but he thinks, those who carry a few game is exclusive clause, whole industry will be enjoyed more the service of high quality. (Epic arrives to take exclusive game and whats won’t made investment have to concern probably) . He says, before Epic Games enters game platform field, “The controller that V company uses through a large number of capital of Steam gain and owner shared out bonus, they go so because do not have the thing that what can worry about,doing is, steam does not have pretty adversary before. They adjust income to be divided into scale without enough outside pressure, also force them without outside pressure enough much income is thrown to shop construction afresh ” . Look in Pitchford, epic is ” exclusive one can break Steam monopoly truly and the company that solves these problems, from the point of the record in the past, my predicting Epic surpasses V company far in the investment of technical respect, if we from 5 years or limits of 1[……]

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Be to give genuflect really! Strange flower plays family expenses to dance blanket plays turn ” dark soul 3 “

Be in before, perhaps your experience crosses Boss of cruel of various beautiful type play a way, what need not roll, do not carry equipment ah of and so on, however had you seen with dance does blanket play ” dark soul 3 ” ? An abroad player was used recently dance blanket comes amuse oneself ” dark soul 3 ” , gu Da of the person that beat the cindery trial of the first Boss of game successfully. Dance nevertheless blanket is to be taken oneself undoubtedly exceed difficult mode, the first Boss tried checkmate of this player success to make an appointment with a challenge 30 times about, be in only the circumstance of a blood leaves surplus conquer Gu Da, can imagine he needs the Boss from the back to try how many times probably so, since ever a lot of players use all sorts of surprising successfully before,flower means challenges this kind of game nevertheless, believe regular meeting has a player to have the fight after all so.

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