DoITT Map and ACRIS: Accessing Online Property Records for Beginners

LIC
Purves Street, looking north toward Jackson Avenue, LIC.

 

Intro

The City of New York has a vast database of real property records and data available to the public. This quick start guide will help you access this information. Let’s say you want to know the real estate transaction history for a property. Maybe you have questions such as, how many times the deed transferred in the last 10 years? Is there a regulatory agreement filed that conveys rent stabilized status for my apartment unit? Are sundry agreements always miscellaneous?

Read more

Top Worst Landlord List Unleashed

100 worst landlord list.
Bad landlords beware!

New York’s annual Worst Landlord List, initiated by former Public Advocate (and now second term mayor, Bill de Blasio) was announced today by the current Public Advocate, Lititia “Tish” James. Jonathan Cohen/Silverstone Properties, with 188 units and 1,090 HPD violations, topped the annual Worst Landlord List, as Ms. James made the announcement flanked by several tenant advocacy groups such as Los Sures, CASA, Make the Road, and The Legal Aid Society.

Read more

189 Bowery Nears Completion…to Dreariness

189 Bowery
How does this building make you feel?

I had the opportunity to spend an extra $2.75 transferring from the D to the J train this afternoon, and in the process got an idea for what’s happening on Delancey Street and Bowery. The Lower East Side is undergoing an extraordinary amount of construction, headlined by the controversial One Manhattan Square, and of course, Essex Crossing.

Read more

Evidence of Affordable Housing Found in Long Island City!

27-19 44th Drive
New towers rise west of 27-19 44th Drive.

Being inside a 421a geographic exclusion zone and seeing new construction is like a bag of candy on Halloween. When I was walking down 44th Drive towards Jackson Avenue, I was more captivated by what was happening to my left (away from 27-19 44th) than the construction mess that was on my right. As luck would have it, 27-19 44th Drive is a legit 421-a building in a geographic exclusion area. You know what that means – rent stabilization AND affordable units! Take a look at the Department of Finance tax benefit stats:

Read more

One and Three Gotham Center Rise in Long Island City

One Gotham Center
Workers pour cement flooring on the second floor.

Although the new Gotham Towers, as they are colloquially known, are not residential projects, their proximity to one of the fastest growing communities in the Big Apple merits an update. As of November 11, 2017, work is forging ahead with workers pouring cement for the second story flooring at 28-07 Jackson Avenue (aka Gotham Towers). The area was bustling with construction workers, local residents, and visitors alike. Across the street, work was forging ahead with Tishman Speyer’s an H&R Real Estate Investment Trust’s other massive project, 28-02/28-10 Jackson Avenue.

Read more

24-16 Queens Plaza South – Leave the Building, Take the Cannoli

24-16 Queens Plaza South
The original 5 story structure undergoing integration.

We came across another residential project where the original, more historic, facade is undergoing integration into a new structure. This project, located at 24-16 Queens Plaza South in Long Island City, seems to have gone under several iterations before settling on a plan of integration. For example, original DOB records indicated the full demolition of the original five story “Department of Commerce” structure. However, the most recent plans that were approved by DOB clearly show the new structure and 1925 structure co-existing.

Read more

42 Trinity Place Saves History, But Not Affordability

The rear facade of 42 Trinity Place, aka the Robert and Anne Dickey house.

The real estate boom pushes the New York City skyline ever higher, but its relentless pace has come at the cost of history. The Robert and Anne Dickey house could’ve been the next tragedy, but the Landmarks Preservation Commission voted to save the structure in 2005 (thanks to zealous advocacy). Ephemeral New York covers the structure’s extensive history. The historic building will be integrated into the new construction.

Read more

125 Greenwich Street aka 22 Thames Street and DOB Stop Work Orders

125 Greenwich Street
125 Greenwich Street

A charming piece of prewar history gave its life for yet another monolithic glass residential box. Owner VS 125 LLC is making headway on its 72 story skyscraper, as construction has moved past the fourth floor and construction crews prepare work on the 5th floor. Only 67 stories to go!

Read more

1 Wall Street Conversion Well Underway

1 Wall Street
1 Wall Street

Yet another massive commercial to residential conversion is underway in the Financial District, although the trend of conversions is nothing new. Perhaps the most remarkable of them all the Woolworth Building conversion, offering multi-million dollar condos carved out of marble (no affordable options).

Read more

The Financial District and the Search for Affordability

45 Broad Street

45 Broad Street

Construction at this soon to be 1000+ foot supertall residential skyscraper is making progress clearing debris in preparation for foundation work. But there doesn’t seem to be much information regarding affordability. Owned by Madison 45 Broad LLC, New York City Department of Finance (DOF) records do not show any 421-a tax abatement for this property that would convey rent stabilized status, while¬†ACRIS records do not indicate any affordability regulatory agreement with HPD. But I’m sure the views are spectacular!

Read more