Historically, condos have cost more, partly because they had looser rules, and partly because of their scarcity. Although both are changing, the price differential between condos and co-ops has remained roughly the same. Nor has the shift toward...
Project HYDRA Secure Super Grid: Attack-Proof Power Line Under NYC
American Superconductor Corporation and Con Edison, announced joint effort to develop and deploy a new system level solution that utilizes high temperature superconductor (HTS) power cable technology in Con Edison's grid in New York City. Code named...
PBS: Spying on the Home Front / Domestic surveillance datalogging
Last night, PBS Frontline aired Spying on the Home Front, devoted to all the ways the US government is spying on us. 9/11 has indelibly altered America in ways that people are now starting to earnestly question: not only perpetual orange alerts,...
Curl Up With A Good Blog
Publishers increasingly turn to the web to find new talent - but they should be doing it more. Once upon a time, a writer would have to try to attract the interest of an agent in the hope they would submit their proposals to publishers and beg them...
New York Sues Dell for Deceptive Business Practices
New York Attorney General Andrew Cuomo is suing Dell, alleging bait and switch financing tactics, false advertising, and 'numerous other deceptive business practices relating to their technical support services, promotional financing, rebate offers,...
Lindsay Lohan sued; NYC photographer says she hit him with BMW
Lindsay Lohan and her mother have been sued by a New York City freelance photographer who claims the 'Georgia Rule' actress struck him with a BMW. Photographer Giovanni Arnold claims he 'sustained severe and permanent personal injuries' when he was...
New York City Renters Cope With Squeeze
Property and Portfolio Research: The vacancy rate for Manhattan rentals is now estimated at 3.7%... It is expected to shrink to 3.3% by the end of this year and to 2.9% by 2011. Renters without high salaries… are squeezing in extra roommates or...
Turtle Tries to Lay Eggs Near NYC Wollman Rink
A determined turtle crawled up a flight of stairs and trudged toward Central Park's ice skating rink in an apparent urge to lay eggs near the rink, park officials said. The 20-pound snapping turtle turned up near the Wollman Rink three times on...
Record price for lower Manhattan office building
Record price for lower Manhattan office building. Deutsche Bank agreed to sell its North American headquarters at 60 Wall St. in New York to German billionaire mail-order retailer Michael Otto, for $1.18 billion. The 1.6 million-sf tower sold for...
Home Prices Fall in Rich New York Suburbs Once Immune to Slump
MLS: The average price in Westport, Connecticut, fell 8.2% to $1.56 million in Jan.-April 2007, from Jan.-Apr. 2006.... In Chappaqua, New York… properties sit on the market an average of seven months before they sell, up from five months a year ago…...
Judge says NY surveillance data can be made public
Six hundred pages of documents relating to intelligence that New York City gathered before the 2004 Republican National Convention should be made public, a federal judge ruled on Friday.Judge James Francis of U.S. District Court in Manhattan struck...
The $5bn question about Mr Murdoch's desires
Some News Corp shareholders are privately furious about Mr Murdoch’s willingness to pay such a high price for what they see as “the media equivalent of a trophy wife”, notes the Economist in its latest issue. But is there more to Rupert Murdoch’s...
A third NYC store planned for Apple
During this afternoon's financial conference call, Apple CFO Peter Oppenheimer announced that a third Big Apple store is being planned. It's been suggested that this building at 401 West 14th Street will be the third store's location. At 52,000...
Jean Nouvel's Residential Tower, New York
Jean Nouvel’s “Vision Machine” a 23-storey residential tower located in the Chelsea neighborhood of Manhattan along the Hudson River has begun construction. The stunning building which features a Mondrian-like curtain wall comprised of nearly 1,700...
Experimental Tidal Power for Manhattan
Working from barges and tugboats off New York City's Roosevelt Island, engineers are battling northeasters and this month's heavy spring tides to install the first major tidal-power project in the United States. The project involves a set of six...
Shareholders set to attack New York Times management
The Sulzberger family’s long-standing control of the New York Times Company is expected to come under attack on Tuesday from a group of frustrated shareholders at the media company’s annual meeting.Hassan Elmasry, a portfolio manager at Morgan...
New York Temperatures Rival Record for Coldest April
The groundhog's prediction for an early spring is proving wrong in New York City, where a cold front has kept temperatures about 7 degrees below the historical average this month, the National Weather Service said.Just 10 days into April,...
Manhattan Housing Cycle Turns Toward Rentals
With the vacancy rate for rental apartments at less than 1% in Manhattan and sales of condominiums slowing, a number of developers have turned their focus to construction of residential rental apartments. "Developers today are increasingly looking...
Taking the pulse of the people: Newest awards by popular vote
What is America's favorite example of good design? The Smithsonian's Cooper- Hewitt National Design Museum in New York has been asking that question this autumn by urging people to vote for their favorites in the first People's Design Awards. What...
Judge postpones criminal trial of 16 former KPMG executives accused of selling illegal tax shelters.
One of the Department of Justice’s most high-profile white-collar crime cases has been dealt a blow after a New York federal judge postponed indefinitely the criminal trial of 16 former KPMG executives accused of selling illegal tax shelters.The...
One runway trend that has crossed all boundaries in recent seasons, it is that fashion loves gold.
Designers are dotting their collections with long gold gowns - which seem more common than "little black dresses" - and working gold fabrics or accents into their pieces, whether for spring or fall, casual or evening. In some cases, designers have...
Morgan Stanley turns up heat on NY Times
The debate over the future ownership structure of the US newspaper industry deepened when Morgan Stanley Investment Management boosted efforts to loosen the Sulzberger family's grip on the New York Times Company. » FT.com - US homepage
SEC chief gets blogging
Chairman of the SEC, Christopher Cox, has joined the blogging world. In a comment on Sun Microsystem's chief executive, Jonathan Schwartz's blog, the SEC chief showed interest in Mr Schwartz's recent request that blogs be used as a way to expand...
MET Podcast: New Orleans after the Flood: Photographs by Robert Polidori
The photographer Robert Polidori describes his experience depicting the loss and pathos of a civilization in chaos in the aftermath of Hurricane Katrina. [mp3] Special Exhibition Podcast - Metropolitan Museum of Art
City's Financial Pre-Eminence in Jeopardy
New York risks losing its pre-eminence in the global financial sector unless government eases regulation and does something about excessive civil litigation, Mayor Bloomberg and Senator Schumer are warning. In an opinion piece with a double byline...
City Will Soon Get Open Internet Listings of Real Estate
In a step toward opening up New York's real estate marketplace, the Real Estate Board of New York announced yesterday that it plans to launch a public Internet portal containing all the exclusive apartment sales and rental listings of its 319...
Urban Glass House, Soho, New York / Philip Johnson and Alan Ritchie
Is a modernist residence the latest luxury accessory of the rich and famous? Judging from the brisk sales of units at The Urban Glass House, a new, luxury condominium project located in Soho New York designed by Philip Johnson and Alan Ritchie, one...
110-Building Site in N.Y. Sold to Speyer for $5.4 Billion
Jerry Speyer, a real estate investor who controls some of the city’s most prominent icons, like Rockefeller Center and the Chrysler Building, signed a deal to buy 110 apartment buildings along the East River in Manhattan for $5.4 billion, MetLife...
Wall Street Woos Film Producers, Skirting Studios
Since the birth of Hollywood, movie studio chiefs have been makers and breakers of careers, arbiters of taste and gatekeepers who decide which movies are made. But as Hollywood power shifts more to Wall Street investors, financiers are starting to...
Google Video Strikes Music Video Distribution Deals
Google's purchase of YouTube isn't the only thing making the news for the Internet giant this week, as they also have entered into an agreement with two major music labels to release music videos through the Google Video service. In fact, the blog...
