LandlordsNY Briefing for November 2nd

LandlordsNY Member

LandlordsNY Member

City Council Member Mark Levine (D-Dist. 7) is urging the city to bring a NYC Ferry route to the Hudson. While Manhattan is serviced by six routes with five stops along the East River, the Hudson currently contains zero (NY-Waterway, a private company based in New Jersey, does operate an interstate ferry with three stops on the West Side). Council Member Levine would like to see one of the stops on the West Side be the West 125th Street Pier in Harlem. It received a $30 million facelift a decade ago. Besides being used by joggers and fishers, the pier currently serves no other purpose.

Council Member Levine believes a West Side ferry route would include the Harlem pier, as well as stops near Hudson Yards and the World Trade Center.

Our Town has more.

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The City Council approved a Madison Realty Capital development in Woodside that will create 431 apartments and a 476-seat school. The project originally contained 561 apartments, but the developer reduced density to accommodate community concerns. The building will also contain more two-bedroom units than in the project’s initial plans.

The property is located at 69-02 Queens Boulevard.

Curbed New York has more.

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In a Landlords New York Minute – A (Very) Brief Look Around the World

The United States re-imposed sanctions on Iran, stocks around the globe are performing better because of a perceived thawing of trade tensions between the U.S. and China, and the U.S. Justice Department filed suit against a Chinese company and a Taiwanese company for allegedly stealing the trade secrets of a U.S. company. Companies in the U.S. are buying back more shares of their stocks, 250,000 jobs were added to the U.S. economy in October, unemployment fell to 3.7 percent, Securities and Exchange Commission fines increased in 2018 because there have been more foreign bribery cases, Goldman Sachs is being investigated for allegedly being involved in a multibillion-dollar international fraud scheme, that fraud scheme involved laundering money through New York City real estate, Interior Secretary Ryan Zinke seems determined to violate every law before he is forced to resign, and the President of the United States seems to think it is acceptable for military personnel to fire on civilians armed with rocks. More Americans say they are less likely to fill out a census in 2020 than they were in 2010, corporate propaganda can evidently spin anything, and a derailed Amtrak car caused heavy delays throughout the New Jersey Transit network. Anti-Semitic graffiti was found in Union Temple on Eastern Parkway last night, dozens protested the proposed homeless shelter in College Point, the Queens Tribune published a guide for Queens voters, the Daily News’ editorial board doesn’t care for some of New York’s smaller political parties, and every gubernatorial candidate except the one currently serving as governor took part in a debate last night.

Smart phone battery life is indeed getting worse, there is an app that will make a robot deliver your packages, a new study has found that endurance training and being physically fit are good for you, there are brain cells that control your posture, dogs love Bob Marley, a record number of monkeys are being used for research, Starbucks’ seasonal cups evidently cause some people to become irate, and Diet Pepsi is the most conservative soda.

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