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Sunday, jun 14
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Urban Development
Sports
Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day'
The Washington Commanders are officially coming home. The DC City Council voted 11-2 late on Wednesday, Sept. 17 to give the final approval for a $3.8 billion project to build a 65,000-seat stadium at the old RFK Stadium site. The plan also calls for a mixed-use development project in the surrounding neighborhoods, as well as affordable housing in the area. "Today is a historic day for DC, the Commanders organization, and our fans," Commanders owner Josh Harris said in a statement. "With the Council's approval, we can now move forward on the transformative RFK project that will bring lasti…
Lifestyle
Survey Reveals How Americans Are Coping With Rising Costs As Housing Leads Way
Americans are rethinking what “affordable housing” means as rising costs force families to adjust, according to a new national survey. The poll of 1,000 adults found more than half believe they pay too much for their homes. Respondents reported spending an average of 42 percent of their annual income on housing-related expenses. Parents were especially concerned: 42 percent said they doubt their children will be able to afford living in the same neighborhoods where they are growing up. Many blamed their environment for the pressure. Nearly half cited their neighborhood’s highe…
Real Estate
$113M Luxury Beachfront Complex Sells Near Netflix's $1B New Jersey Campus
A luxury beachfront apartment complex at the Jersey Shore has sold for a staggering $113 million, real estate officials announced just after Netflix's groundbreaking ceremony at its nearby $1 billion campus. The 170-unit Ocean Gate community at 30 Ocean Boulevard in Long Branch — just steps from the beach — was acquired by Lincoln Equities in partnership with RWN Real Estate Partners and Avenue Realty Capital, according to Cushman & Wakefield. “Ocean Gate is a highly amenitized property located in one of the fastest-growing areas of Monmouth County, which is what attracted Lincoln Equit…
News
Amtrak Debuts New High-Speed Trains Across Northeast As Trump Seizes DC's Union Station
High-speed rail in the Northeast just got a significant upgrade. Amtrak's new NextGen Acela trains launched on Wednesday, August 27. The first train left Union Station in Washington, DC, at 5 a.m., while a second one departed Boston's South Station at 6 a.m. The upgraded trains promise faster service and more seats to the nation's busiest rail travel corridor. "Acela is synonymous with American high-speed trains, and today marks a new era of next-generation service," said Amtrak President Roger Harris. "On behalf of everyone at Amtrak, I’m proud to welcome you aboard NextGen Acela. Th…
Lifestyle
'Horrific' Paint Job On Hudson Valley Curb Draws Ire Of Locals: 'My Kid Would've Done Better'
A Hudson Valley locale got a fresh coat of yellow on its curbs — but locals say the city missed the mark. The new curb painting job – in downtown Hudson along Warren Street – sparked a firestorm on social media Wednesday, July 23, after Lou DeCrosta noticed the work looked less like a city project and more like a rushed art class assignment. “After dinner at Savona’s we walked outside to notice a horrific curb painting,” DeCrosta wrote on the Hudson, NY - Public Community Board Facebook group. “Middle school kids would have delivered a cleaner job.” Accompanying his post are three photos …
News
NYC's 'War On Rats' Heats Up As Climate Change Fuels Infestation: New Study Shows Why
Climate change is fueling a surge in rat populations across major US cities, with Washington, DC, seeing the worst increase over the past two decades, a new study said. The study published by Science Advances on Friday, Jan. 31, analyzed public records from 16 cities worldwide to determine why some urban environments are more infested with rats than others. The researchers found that 11 cities — including Washington, Boston, and New York City — had seen major rat population growth over an average of 12 years. Washington's increase was the most extreme, tripling compared to Bo…
Business
Whole Foods To Open New, Small-Format Stores: Look Inside
Whole Foods says it will be launching new small-format stores aimed at providing customers with a quick, convenient shopping experience. The company says the stores, targeting urban areas, will provide "easier access to the fresh, high-quality offerings." The new stores will be called Whole Foods Market Daily Shop. The first location to open will be in the Upper East Side in Manhattan with additional locations in New York City to follow. The first store, located at 1175 Third Ave., is expected to open later this year. Following the New York City launch, Whole Foods Market pla…
Business
Discount Supermarket Chain To Open New Location In Hudson Valley
A popular discount supermarket chain is coming to the Hudson Valley. The new market, Lidl (pronounced Lee-dull), which could open by the end of the year in Rockland County has received Planning Board approval from Orangetown to build in the Tappan Plaza, said Orangetown Supervisor Teresas Kenny. The German-owned company has also been issued a demolition permit to remove the portion of the building where the former Bon FahyrBuffet/Duke Ocean Grill had been located, Kenny said. The new building will be constructed as a free-standing building, she added. "I am hopeful that it opens by the en…
News
This Interactive Map Shows Where Rats Are In NYC With 38 Percent Population Increase In 5 Years
New York City residents have been forced to welcome some unwanted visitors in the neighborhood as the rat population continues to soar. Since 2014, rat sightings are up 38 percent, according to watchdog site OpenTheBooks.com. There were 12,617 sightings reported in 2014, a number which has jumped to 17,353 just four years later. In response to the growing population, Open the Books, a nonprofit organization, has created an interactive map to allow area residents to see each reported rat sighting in their current or prospective neighborhood. The map includes all sightings in 2018 and 2019. …
Business
Plans For Proposed Auto Dealer In Stop & Shop Site In Westchester Put On Hold
Talks of a luxury auto dealership replacing a Stop & Shop location in Westchester has been temporarily tabled by officials following public outcry from the community. Last week, it was announced that the New Roc Stop & Shop on Harrison Street in New Rochelle will be closing next February, the company announced this week, and the New Rochelle City Council will now begin searching for a new business to replace it. Those talks were expected to take place at a City Council meeting this week, but following the backlash from members of the community, the item was removed from Tuesday’s ag…
Lifestyle
NY Times Calls Thornwood An 'Unpretentious Place' Where Neighbors Know One Another
A Westchester hamlet has been recognized as an “unpretentious place” with middle-class roots in a real estate piece by the New York Times. The story also highlights the notion that the 1.1-mile municipality of Thornwood in the Town of Mount Pleasant offers more affordable living options than its pricier Westchester County counterparts. With 4,000 residents, Thornwood is expected to undergo numerous improvements later this spring and over the next few years in an effort to “revitalize” several Mount Pleasant hamlets, according to Mount Pleasant supervisor Carl Fulgenzi. Goals include m…
Obituaries
Former Longtime White Plains Mayor Alfred Del Vecchio Dies At 95
White Plains' longest-serving mayor, Alfred Del Vecchio, has died. Del Vecchio died early on Wednesday, Dec. 5. Del Vecchio, who served four terms in office from 1976 to 1993, “guided the city through the process of urban renewal, which changed the face of the central business district,” current White Plains Mayor Thomas Roach said. As mayor, he oversaw the modernization of land use regulation in the city. Del Vecchio was an early advocate for the use of energy efficient technology. Under Del Vecchio, the city first tested and utilized environmentally friendly alternative fuel vehicle…
Real Estate
High-Rise Development Begins At Former Site Of Newspaper In Westchester
Officials have broken ground on the latest high-rise coming to the heart of downtown New Rochelle. Developers from the Cappelli Organization joined New Rochelle city officials this week to break ground on The Standard, a 14-story mixed-use building that will sit on the site of the former Standard Star newspaper. The Standard will span the block between 251 North Avenue and LeCount Place, featuring 112 apartments and an estimated 4,000-square-feet of retail space on the ground level. The building will include 13 studio apartments, 92 one-bedroom and seven two-bedroom apartments. Built in 19…
Schools
Iona College, New Rochelle Reach Agreement To Drop Litigation, Expand
Iona College officials have reached an agreement with the city to drop pending litigation and begin the process of a multi-million dollar expansion of two of its buildings. Officials announced the agreement this week which “when fully executed, will allow for the inward expansion of two campus buildings while addressing neighborhood concerns regarding the campus perimeter, and resolving recent legal disputes.” As part of the scope of the $17.5 million project, Hagan Hall and Spellman Hall will be expanded, updated and upgraded on campus, avoiding any disturbances to nearby neighbors. “The …
Real Estate
Lawsuit Dismissed Over $60M Westchester Affordable Housing Development
The City of Mount Vernon and the developer of a multi-million dollar, 159-unit affordable housing complex have reached a settlement that will clear the way for the La Porte development in the heart of the city. Mount Vernon Mayor Richard Thomas announced the dismissal of a lawsuit by developer Peter Fine of Manhattan-based Blue Rio LLC, who agreed to pay the city $300,000 and issued a public apology to Mount Vernon Mayor Richard Thomas. The lawsuit alleged that the mayor and an unnamed adviser met with Fine in March 2016, but when the adviser was later turned down for a consulting job, the …
Real Estate
Prime Vacant Office Space Soars To 62 Percent In Northern Westchester
According to the latest quarterly report by JLL, the vacancy rate for office space has hit 62 percent in Northern Westchester, more than three times higher than submarkets in southern Westchester, which have a combined vacancy rate of approximately 20 percent. JLL's research from the third quarter of 2017 also founds rents are down in general and that countywide, the vacancy rate is nearing 25 percent -- nearly five percent higher than 2013. It remains to be seen whether the IBM and Pepsi campuses in Somers will have futures as multi-tenant offices, the JLL report said. Average asking re…
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