Central Park Tower Sky Palace Snags $55M Buyer High Above Manhattan
A full-floor condo at Central Park Tower went into contract with a $54.9M ask, the priciest of 15 Manhattan homes to find buyers in the week ending July 5. The 7,000‑sq‑ft unit brings full-floor scale back to the top of the market.
Crown Heights Hotel Skeleton Poised To Rise As 18-Story Apartment Tower
Avery Hall has filed to convert the bankrupt hotel site at 1550 Bedford into an 18‑story building of roughly 250 apartments, with about 30% set aside under MIH. Community Board 9 has pressed the developer on scale and deep affordability.
From Cells To Studios: Chelsea Beacon Breaks Ground At Former Bayview Prison
Crews have started work at the former Bayview prison as Chelsea Beacon takes shape: 131 permanently affordable apartments, supportive units and a short-term transitional residence are planned.
Nolita’s Most Mysterious Building, 190 Bowery, Quietly Hits The Market
The landmarked Germania Bank building at 190 Bowery has been quietly put on the market; owner Aby Rosen has tapped brokers to shop the Nolita property. Industrious now occupies the offices and street retail is leased.
Daewoo Drops $291 Million Tower Bet On Palisades Park
Daewoo E&C confirmed a $291M plan for an 18‑story, 540‑unit residential and retail project in Palisades Park, NJ, partnering with a local developer; construction is slated to begin in 2028.
Prospect Lefferts Haitian Hot Spot Locked In High-Stakes Eviction Fight
La Cachette du Coin, a Haitian-owned fine-dining spot in Prospect Lefferts Gardens, is fighting a contractor lien and a landlord notice that threaten its lease. Court filings and local reporting put an August court return date on the calendar.
Bronx Senior Tower Deal Brings 229 Affordable Homes To Morris Houses
City closes roughly $214M to finance Sol on Park, an 18-story senior housing project at Morris Houses that will add about 228 affordable apartments with move-ins expected in early 2029.












