You re on the clock: Land use committee OKs deadlines for Landmarks Council members say bill will bring transparency and efficiency to process
The City Council s land use committee on Tuesday approved a bill that would set a deadline for designating historic properties and districts as city landmarks.
The bill would require the Landmarks Preservation Commission to designate an individual property within one year of putting the property on its calendar, New York YIMBY reported. For historic districts, Landmarks would have two years to hold a public hearing and vote. The commission can approve a one-year extension for individual properties but can t extend the dead爱上海同城 line for historic districts. An earlier version of the bill also included a five-year moratorium on reconsidering properties that missed the deadline, but that measure was eliminated from the latest version of the legislation.
Currently, Landmarks doesn t have deadlines, which may explain why some properties have languished on the commission s calendar for decades. Earlier this year, Landmarks began plowing through a backlog of nearly 100 properties that dated back to the 1960s.
Some Council members touted the bill as a way to bring efficiency and transparency to the landmarking process. Council member David Greenfield said the measure will give Landmarks plenty of time to consider a landmark. Others, including Councilman Ben Kallos, voted against the bill, citing that the legislation should have included an extensi[……]
Mary Ann Tighe on “perfectly good” Third Avenue office爱上海同城 buildings, frozen land market CBRE broker says buyer and seller expectations are out of whack
CBRE top producer Mary Ann Tighe says New York City commercial owners are reluctant to adjust their prices after seven years of positive market growth.
“So many buildings have traded and so many proformas have been reset that there’s a tremendo爱上海龙凤419桑拿 us reluctance to reprice even if there’s a suggestion that you might,” she said, speaking Tuesday on CNBC’s Squawk Box. “Land trades are frozen right now the seller/buyer expectations are completely out of whack.”
As such, prices remain historically high.
“I would have said to you last year that cap rates couldn’t go lower,” she said. “Average cap rates last year were around 4.5 percent. We’re actually at a lower cap rate in Manhattan this year.”
For a good deal, Tighe says she’s been directing tenants to Third Avenue, where rents have remained more palatable. But the suggestion doesn’t always receive a good reception.
“When people ask me where the bargains are, I say Third Avenue. They’re like, ‘Oh no, not Third Avenue,’” she said. “I 爱上海 think it’s Because Third Avenue represent阿爱上海同城 s a different era architecturally. Emery Roth, who’s a great architect, built many many buildings along Third. They’re all perfectly good office buildings爱上海同城 but what people want today is either new or something that has character and is retrofitted so it feels like it’s new.” Katherine Clarke[……]
Rybak buys Chaim Miller’s Brighton Beach site, plans 22-story tower Oft-sued investor filed for bankruptcy protection in January
271 Sea Breeze Avenue and Sergey Rybak
Sergey Rybak picked up a troubled Brighton Beach development site once owned by Chaim Miller and plans to build a 22-story apartment building.
Rybak closed on the purchase上海夜网 of 271 Sea Breeze Avenue on June 7 for $13.5 million, six months after buying the defaulted debt on the development site. GFI Realty’s Erik Yankelovich and Yosef Katz brokered the January deal.
Chaim Miller scooped up the site at auction in 2013 for $12.7 million with plans for a $85 million apartment tower, borrowing $11.25 million from a Madison Realty Capital affiliate to fund the purchase. Miller later defaulted on his loans, and in 2015 Madison filed to foreclose. A month later Rybak, who was in contract to buy the site for $14.1 million, filed a lawsuit against Mi爱上海同城对对碰 ller claiming he failed to renew permits. Their deal fell apart.
In January of this year, the ownership entity of the site filed for Chapter 11上海夜网论坛 bankruptcy protection. That same month Rybak bought the debt note with the help of acquisition financing from Madison. After pushing for dismissal of the Chapter 上海千花网龙凤论坛 11 case, Rybak reached a deal to buy the site outright in June.
“As the marketplace becomes more competitive it is important to fight for the right location!” Rybak said in a statement.
The planned tower will include 114 apartments, 32,000 square feet[……]
Extell lands $90M loan for 1010 Park Avenue condo project Bank of the Ozarks is the lender
From left: Ozarks George Gleason, a rendering of 1010 Park Avenue and Gary Barnett
Bank of the Ozarks strikes again. The Arkansas-based lender agreed to 上海贵族宝贝交流区 finance yet another New York City condo project, lending $90 million on Extell Development’s 1010 Park Avenue on the Upper East Side.
Gary Barnett s firm plans to build a 16-story, 11-unit building on the site of The Former Park Avenue Christian Church rectory. Last month, the New York state Attorney General’s office okayed a $248 million offering plan, which translates to around $22.5 million per apartment.
The developer won Landmarks Preservation Commission approval for the project in 2015 and bought the site for $24.9 million a year later.
The Ozarks loan replaces a $22.3 million mortgage from Pacific Western Bank, the 上海千花网 Commercial Observer reported.
Bank of the Ozarks is one of the most active condo construction lenders in New York. In April, it financed L+M Development Part上海千花网论坛 ners’ 23 Park Row project with a $235 million loan. [CO] Konrad Putzier
Tags: bank of the ozarks, extell development, Real Estate Finance
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See no evil: How a culture of secrecy boosts South Florida鈥檚 condo market Luxury properties in the region are ensnared in an alleged billion-dollar embezzlement and money-laundering scheme. Those who built them? Not so much.
(Illustration by Adria Fruitos)
A聽lawyer with ties to Venezuela s oil ministry, a member of the country鈥檚 鈥渂oliburgues铆a鈥?elite and a money launderer sat around a Caracas office table while armed guards and a German shepherd with a shock collar stood watch.
The boliburgu茅s placed his handgun on the table. It was November 2015, and the three Venezuelans were pressuring an unnamed associate to persist with a scheme that U.S. authorities would later allege embezzled $1.2 billion from the Venezuelan state oil company, PDVSA. Much of that money, according to a criminal complaint, ended up in South Florida real estate.
Among those reportedly alleged to be connected to the scheme: the three stepsons of the country鈥檚 embattled president, Nicol谩s Maduro; a billionaire Venezuelan TV mogul; and former executives at PDVSA. Eight people have been charged in the case so far, while one defendant 鈥?a wealth manager at a Swiss bank 鈥?was arrested in August.
With a federal investigation ongoing, the U.S. attorney鈥檚 office could seize at least 16 South Florida properties tied to the defendants. But in the initial complaint filed in July 2018, only one was explicitly named: Unit 2205 at the Porsche Design Tower in Sunny Isles. Federal officials allege this condo was ultimately[……]
Gilbane inks $49M 99-year lease at 上海龙凤论坛sh1f pair of Bronx sites Company landed lease for 2251 Webster Avenue and 2244 Tiebout Avenue
From left: 2251 Webster Avenue and 2244 Tiebout Avenue (Credit: Google Maps)
Gilbane Development Company has signed a $49.1 million lease at two adjacent city-owned sites in the Bronx.
New York City Housing Authority is leasing 2251 Webster Avenue and 2244 Tiebout Avenue to Gilbane for 99 years, according to reco上海千花网交友 rds filed with the city Wednesday. The Webster Avenue parcel is currently vacant, while the one on Tiebout Avenue houses a 10-story, 312-unit apartment building.
The properties appear to be part of NYCHA’s Twin Parks West project, which according to city documents calls for the creation of between 150 and 200 new affordable apartment上海贵族宝贝 s in partnership with the city’s Department of Housing Preservation and Development.
In January, NYCHA announced it had chosen Gilbane, Dantes Partners and the Kraus Organization to partake in a separate initiative meant to update and preserve hundreds of affordable units — Twin Parks also being a part of that. Renovations to the existing units in the Webster Avenue building are being done through the federal Rental Assistance Demonstration program, according to NYCHA.
Gilbane said in a statement that it is planning to underta上海千花网交友 ke a significant renovation of the property that will include upgrading apartment kitchens, bathrooms, flooring, lighting fixtures and new windows as well as property[……]
The magazine published the electrical shock PlayStation of newest first phase to interview Falcom controller the content with close cane foreign season, he disclosed a few will announce last year in December ” Yi Su ” make newly ” Yi Su 9: The night of eccentric ” (Ys IX: Monstrum Nox) a few information. Material information entry: 1. Yatelu figure general and before all work are different. The atmosphere place that he will is less than by player place expect is surrounded, include his external form. 2. The main ground of game nods Baerdekesi (Baldeux) the city that is a prison that fills mystery. It develops an old practice that only jail environment ability describes for the player. 3. The administrative levels that this city brings and limits feeling also are past dynasties most. 4. This city is a base not just, the movement that still fills difference of all sorts of on any account and office ans outpost of the tax office. 5. The eccentric part that holds chief rod or staff used for a specific purpose contains dark flavor, let a person remember Yi Su gram of 1 medium law of · of the gram that amount to Er is special (Dark Fact) . 6. The eccentric of the outfit that wear skirt and cap is the action in eccentric group is the most unusual, notice her leg department section. 7. Because appearance acts the role of her animal to taste and appear special,the eccentric of pink hair is met, this may be some kind of clew. 8. The eccentric photograph place of brown hair is proud wit[……]
” discreditable 2 ” the one-way DLC with it ” of the demon outside the bound dead ” already put on sale is very long, most player may have been hit wore several times. Nevertheless players of this winter vacation have reason to be reviewed again ” discreditable 2 ” flow, because Bethesda is ” discreditable 2 ” released a free content to update, and still gave in the past award of purchase in advance. Bethesda announced formally in guest of a rich ” discreditable 2 ” and ” of the demon outside the bound dead ” new content, these two game will add two parts content newly, it is above all ” black and white mode ” , below this mode, game picture can become dusky, same thing is only colored: Blood. Listen go up very picture ” Babylon city ” feeling. It is next ” the task + ” mode, pass this mode, the player can choose ” discreditable 2 ” or ” of the demon outside the bound dead ” aleatoric and paragraphic task, at the same time solution locks up all weapon and ability. The purpose of this one mode is to be a player to offer highest freedom to spend with homicide latent capacity, thereby unrestrained the ground explores a map. Finally, ” discreditable 2 ” an award of hair purchase in advance ” Caesarean assassin is wrapped ” content also will face all players to open. Content includes: – duel person lucky and skeletal Fu Wen – empty sky is favorite and skeletal Fu Wen – antique guitar, can feed Emily or family fertile undertake interacting – book ” adieu, kaernaka — of musician le[……]
2015 open is numerous game of prepared FPS of subject matter of war of north and south ” civil rights war (War Of Rights) ” had been in at the beginning of this month in and month out Steam platform open experience first. Game strives the setting of reductive and true war of line of much person line of utmost, so-called even a game general by at least about a hundred person has confrontation, we see this course today long numerous the game that prepare and develops 6 years is behaved how. ” civil rights war ” video of real opportunity of 150 big fight demonstrates:[……]
” escape Dakefu ” it is Battlestate of Russia development business network of subordinate theme of a military affairs swims, should be being made is work of a FPS not only, RPG element still was added in game at the same time.
In ” escape Dakefu ” in, eye shot is basic also and reductive reality: When colour of sky is dim, also can appear the circumstance that stretchs his hand not to see the five fingers. There is many bush in game at the same time from obstruct view, because this discovers the enemy,be not quite easy.
In real opportunity operation, we can see the movement that has various probe, and any labels are done not have in the battle, can hear bilateral report of a gun only. In the meantime, there also won’t be any clews after striking person of fight the enemy, the atmosphere that can bring nervous depression for everybody affirms in the experience in real opportunity so (know whether the enemy already was shot dead far from) .
The firearms of game all used true firearms to undertake data is measured, battlestate company strives to make a hard nucleus for everybody to fire game.