HABITAT

UPPER EAST SIDE

Glut of new condos, lower co-op prices have shifted the balance.

Benefit to residents and commercial tenants worth the added cost.

Board adapts to shareholders' changing ages, tastes, and needs.

Lawsuit filed as city council considers trimming co-op board powers.

Boards can require – and store – pictures and identification of visitors.

Illegal bathroom is why boards insist on alteration agreements.

Boards, not shareholders, need to act when unwanted winged guests visit.

Sure, it's no Jenga tower, but it's still set to become the tallest above 72nd Street. According to New York YIMBY, Tribeca-based developer DDG has officially broken ground on 180 East 88th Street: "The 32-story structure will feature 30-foot-high masonry arches on its top floors and a façade clad in brick imported from Denmark." Each of the 48 condos will average about 2,693 square feet, with ceiling heights of 16 feet. No gripes about tiny New York apartments and lack-of-space issues at this place. As for the ground floor, it will "host 52,000 square feet of commercial space, a small nonprofit art gallery, and 36 bike storage spots." YIMBY adds that generous zoning in the Upper East Side "has made it a hotbed for new high-rise condo towers. The short list includes two 21-story towers planned near the 86th Street stop on the 4/5/6, at 1289 Lexington Avenue and 147 East 86th Street, an Extell-developed condo project in the works on Third Avenue between 94th and 95th Streets, and a glassy development designed by SHoP under construction at 1711 First Avenue." Well, someone has to make sure of the Second Avenue Subway once it's finished in late 2016 or early 2017. It ain't New York City unless the trains are crowded, after all.

Image via DDG

Angry unit-owners claim interior renovations were put ahead of facade repairs.

Keeping a Commercial Space From Going to Waste

Written by David Bogoslaw on December 11, 2017

Upper East Side, Manhattan

Long-term leases are a hedge against an uncertain retail future.

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