Recent Commercial Real Estate Transactions
Recent commercial real estate transactions in New York.
By Kristen Bayrakdarian
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Recent Sale
Manhattan
This five-story, 8,375-square-foot building in the West Village was built in 1900. It includes three three-bedroom apartments, one two-bedroom, one one-bedroom and three studios. The ground-floor retail space is occupied by Brompton Bicycles.
Buyer: Chelsea 29
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Recent Sale
Brooklyn
Built in 1910, this three-story building in Williamsburg is about 5,625 square feet and contains six one-bedroom apartments. The building had last been sold for $2.725 million in May 2015.
Buyer: Ron Frieden
Seller: Thomas Klosinski
Brokers: Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky, Corey Haynes, and Justin Zeitchik of Bestreich Realty Group
America’s Failed Experiment in Public Housing
It leaves families living in squalid conditions, trapped in segregated neighborhoods. Rather than spending billions on socialized shelter, we need to put money in their pockets to give them choices.
May 10, 2021 •
(Shutterstock) President Biden’s nearly $2 trillion infrastructure package calls for doubling down on public housing. Projects are in “disrepair,” the plan rightly observes, with “critical life-safety concerns” and “imminent hazards to residents.” Biden proposes investing $40 billion to clean and green them. This is roughly 14 times the federal government’s current capital spending on public housing agencies, and it’s likely just the beginning.
An Arts Patron Widens Her Reach With a Brooklyn Museum
Lonti Ebers is opening Amant to help artists create and display their work, not to show her own collection.
An exterior of the nonprofit arts institute Amant in Williamsburg, Brooklyn.Credit.Sasha Maslov for The New York Times
May 4, 2021Updated 3:09 p.m. ET
When some collectors gather a critical mass of artworks, they decide to open a private museum to share their trove with the world.
But Lonti Ebers, who established the nonprofit institution Amant, has a different agenda: sharing art, but not her own.
Amant is scheduled to open the doors of a 21,000-square-foot, four-building campus in the Williamsburg section of Brooklyn, N.Y., on June 5. It features an on-site artist residency program as well as exhibition spaces that will be open to the public, at no cost.
books and culture
The Magic of Good Teaching A fond memoir of mid-twentieth-century Americanization offers a welcome respite in our current environment.
Education
The Social Order
Amid an epidemic of anti-American wokeness, Henry Saltzman’s thinly fictionalized memoir of mid-twentieth-century Americanization comes as a welcome respite.
Saltzman’s story begins in 1953, just after he graduated from Brooklyn College and is working in a furniture store on Myrtle Avenue in Brooklyn. He is an Americanized Jew who grew up speaking Yiddish but has embraced the English language and its literature, and American culture more generally. He finally lands a teaching position in, of all places, a Satmar yeshiva in Williamsburg Brooklyn. (The Satmars originated in Hungary, suffered major losses in the Holocaust, and were at the time assumed to be part of a dying cult.)
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