Updated: “How Doomed is the Loop?”: Discussion on Remote Work Impact on City’s Financial Health

How “doomed” is New York City due to the prevalence of remote work and its impact on commercial real estate values? Experts discussed the city’s fiscal outlook during a recent panel discussion, “How Doomed is the Loop?,” hosted by the Center for New York City Law at New York Law School. The January 25th panel was moderated by Mark Willis, Senior Policy Fellow at the NYU Furman Center for Real Estate and Urban Policy and <Read More>


Condos lose special street claim

Two condominiums adjacent to Franklin Place, a mid-block alley in lower Manhattan, asked that Franklin Place be designated as a fire apparatus access road in order to prohibit parking next to condominiums. The Franklin Place Condominium, joined by the 55 White Street Condominium, filed an article 78 petition seeking to compel the New York City Fire Department to declare Franklin Street a fire apparatus access road and to install “No Parking” signs. Franklin Place is … <Read More>


New Hudson Square Business Improvement District Streetscape Unveiled

Hudson Square Business Improvement District was unveiled, marking the completion of the Business Improvement District’s 10-year Master Plan. On July 12, 2022, Mayor Eric Adams alongside the New York City Economic Development Corporation (NYCEDC), the New York City Department of Transportation (DOT), and the Hudson Square Business Improvement District (BID), unveiled the renovated Hudson Street streetscape, marking the completion of the Business Improvement District’s first 10-year Master Plan, Hudson Square is Now, which was … <Read More>


New Pier Opens in Hudson River Park

Pier 26 was a $37.7 million project and is the first pier to be opened in over a decade. On September 30, 2020, the Hudson River Park Trust opened Pier 26, an ecological-themed pier located in Tribeca between Hubert Street and North Moore Street and west of the West Side Highway. The Pier is an open outdoor space for New Yorkers as the city recovers from the ongoing COVID-19 pandemic. In 2013, the pier’s infrastructure … <Read More>



Owner Wins Rent Stabilization Dispute

Tenants of a Tribeca high rise luxury rental building claimed protection of rent stabilization. Tenants of Tribeca House, a luxury rental residential building located at 50 Murray Street, Manhattan claimed that the owner of the building overcharged the tenants. Tribeca House, a twenty-one-story luxury loft apartment building, has 389 apartments comprised of studio, one, two, and three bedroom units.