In the News: Renovation Rejection

••• “Tribeca’s northern tip has long been stuck in the neighborhood’s gritty past, while the area to the south has been flooded with upscale condos. But in a surprising reversal, real-estate prices in northern Tribeca, the triangle of real estate between Canal Street and North Moore, now surpass those in the area’s southern reaches.” —Wall Street Journal

••• “The sale of the ‘1,000 sq ft’ Manhattan loft #3D at 67 Hudson Street is not new news, as the sale was way back on May 31. Nor was it new news when the deed was filed late, on September 26. It has been sitting on my Get To Me Sooner Or Later pile (formerly known as my To Do list) because it is one of the relatively rare 2011 Manhattan loft resales that sold at a loss from the last sale in 2005. Old news, yes; but interesting nonetheless, with even more interesting old news, as we will see.” —Manhattan Loft Guy

Courtesy Curbed

••• Re: 312-322 Canal: “A sorry stretch of Canal Street just west of Broadway in the Tribeca East Historic District, where storefronts were redone last year without the required approvals from the Landmarks Preservation Commission, won’t be getting a facelift anytime soon following yesterday’s No Vote for a fixer-upper plan. […] “The lack of enthusiasm for the design was best summed up as ‘one solid piece of duct tape running along Canal Street.'” —Curbed

••• “As Scott Stringer pushes forward with his campaign for mayor, Community Board 1 chair Julie Menin has her eye on the Manhattan borough presidency. The host of NBC’s ‘Julie Menin’s Give and Take’ has given up her talk show and is planning fund-raisers next month to kick off a run for Stringer’s seat. We hear wealthy Menin will be raising cash and not funding the campaign herself. Democratic heavyweight Jane Rosenthal, who co-founded Tribeca Productions with Robert De Niro, will host a fundraiser for Menin in January.” —New York Post


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