Big Bang Theory Actor Buys 36 Gramercy Park East

Jim Parsons of The Big Bang Theory has officially bought a luxury condo at 36 Gramercy Park. The asking price on the 911-square-foot two bedrooms and one bath condo was $1.975 million.
But Parsons and his partner, Todd Alan Spiewak, apparently bought the condo for $1.822 million. Broker Ryan Serhant told the New York Observer, “It’s a phenomenal two-bedroom in the condo on Gramercy Park…it was hardly even on the market.”
The building was made in 1908, and a feature to owning a condo in this Gothic construction includes a key …

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by Phylis J. Iqbal on January 16, 2012

Growing Chinese Investment in New York City

According to a new report from the New York Times this past week, Chinese banks are behind some major deals in the luxury real estate sector in New York City; contributing over one billion dollars in loans last year alone. These investors mean business and they’re working throughout Manhattan, Brooklyn, and beyond.
According to The Observer, “Mr. Hu represents the Chinese investors who have beat a steady march to iconic New York properties recently.”
But you won’t see much about Chinese investors in the media. They are strictly business. Managing director …

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Posted in → New York Condos
by Phylis J. Iqbal on January 16, 2012

Occupy Wall Street Made NYC the Center of the World Again

With its insistent rally cry, “We are the 99 per cent!”, the Occupy Wall Street movement reverberated throughout the world, inspiring Occupy movements in every major (and not so major) metropolitan area in the United States and the world. It inspired parodies and spin-offs, and a fair share of jokes and marketing campaigns tried to capitalize on the not so capitalist friendly movement that began in Zucotti Park, the small square of trees and benches just two blocks from Wall Street surrounded by the high rises that were once the …

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by Michael Foster on December 30, 2011

Sleep No More Still Shocking in Chelsea

Sleep No More has been a huge hit in New York City for those in the know. Set in the fictional McKitterick Hotel, this exprimental play is theater with a twist–instead of the audience sitting still and observing the action, they must wander through the five stories of the large McKitterick Hotel, where they can explore to their hearts content. Different rooms are filled with children’s toys, old furniture, scrapbooks, cut up Bibles, and various other exotic and obscure regalia mostly from the early twentieth century.
The production company has taken …

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Posted in → Chelsea, New York Lifestyle
by Michael Foster on December 29, 2011

Luxury Market Still Strong

The upscale real estate market in New York City has more than survived the financial downturn–it is thriving. According to a new article in The Wall Street Journal, prices in the luxury property market continue to rise thanks to a number of high-profile deals in the past year. Commenting on the story, The Real Deal notes that luxury properties in the city are being snapped up at such a fast rate that “the market has begun to perform as well as it did during the market’s peak”.
There are a number of reasons …

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by Michael Foster on December 29, 2011

Cornell University is Coming to Roosevelt Island

A new Cornell University campus has promised to be an economic jolt to New York City. New York City Mayor Michael Bloomberg has said that the new campus will bring high-tech jobs to New York City and make the city more innovative and attractive to domestic and foreign investment.
Residents are largely mixed on the impact that the new campus will have on the city, but there is no doubt that it will transform a little known piece of the city. Roosevelt Island has been chosen as the spot for the …

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by Michael Foster on December 23, 2011

New Modern Hotel Coming to Williamsburg

Gizmodo has posted several beautiful pictures of a new hotel that will be next to the Williamsburg Savings Bank and near the Williamsburg Bridge. The location is ideal for some stunning views of Manhattan.
Williamsburg has been a trendy hotspot in the city for a while, so it is no surprise that an ultra luxury spot will be gracing the once grimy and now edgy hipster enclave. Designed by Oppenheim Architecture, the new building will extend over 400 feet into the sky, but it will remain svelte with a 16-foot deep …

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by Michael Foster on December 20, 2011

Sarah Jessica Parker’s Quest for the Perfect Pasta in the West Village

Despite the thin actress’s physique, Sarah Jessica Parker has begun a search for the best pasta in the city.
For ravioli, she has already found the place–Gradisca, in the West Village on 13th street between 6th and 7th. The actress told the New York Times that the eatery’s ravioli “is absolutely gorgeous. It is light as air. I always tell people to go visit Gradisca because I think it’s such a surprise.”
She’s also fond of the restaurant’s pasta carbonara, which she calls “beautiful” with its perfect balance of bacon, cheese, olive …

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by Michael Foster on December 20, 2011
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