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The âPosh Portalsâ of New York City A new book looks at how grand entrances have helped define some of the cityâs most exclusive apartment houses. Residents entered the Dakota, New Yorkâs first luxury apartment building, through a large courtyard that allowed carriages to turn around after dropping them off at one of four lobbies.Credit.Kenneth Grant By Julie Lasky Published Jan. 12, 2021Updated Jan. 14, 2021 Nothing could be simpler than the purpose of a buildingâs door â to let people in. But Andrew Alpern complicates things immediately in the introduction to his sumptuous new book, âPosh Portals: Elegant Entrances and Ingratiating Ingresses to Apartments for the Affluent in New York Cityâ (Abbeville Press). ....
13 Must Reads for the CRE Industry Today (Jan. 13, 2021) Some REITs have been buying their own shares, according to Dow Jones Newswires. New York restaurant owners file a new lawsuit against Governor Cuomo over shifting regulations, reports Eater New York. These are among today’s must reads from around the commercial real estate industry. Big Real Estate Firms Turn Buyers of Their Own Shares“Some publicly traded real-estate companies have found a buyer for their shares, despite empty offices, deserted hotels and reeling shopping malls the companies themselves. Real-estate owners, including SL Green Realty Corp. and Healthcare Trust of America Inc., say stock-market investors have significantly undervalued their property holdings compared with what they could fetch in the private market.” (Dow Jones Newswires) ....