Real estate insiders gathered yesterday at the Brooklyn Museum, above, for a day of inside-baseball talks on the borough's future.
Ever wish you could be a fly on the wall as developers, deal-makers and financiers talk shop about their plans to reshape NYC's most talked-about borough? We did, which is why BrickUnderground spent the day at theBrooklyn Real Estate Summit yesterday. Sponsored by heavy-hitting commercial real estate brokerage Massey Knakal, the rather posh full-day summit at the Brooklyn Museum touched on everything from affordable housing to sparkling new developments from Williamsburg to the Brooklyn Navy Yard to (eventually) East New York. Below, the Cliff's Notes version of what we learned.
Sending your kid to the building's playroom? Make sure they don't have a cold.
Being a parent comes with its own particular set of social dilemmas, but this is especially true in a city as dense as New York—where you're bringing up baby while sharing walls, hallways, elevators and building common areas with a small village of neighbors. What's the best way for children to use a communal playspace? How do you convince them to make nice when they share a bedroom? And where does the building staff come into all of this? For advice from the trenches, we spoke with NYC parents, brokers, and even a doorman for some practical dos and don'ts.
Writer and designer Kate Paillat's London home is designed with her two sons in mind.
Upon relocating from Australia to England, writer, photographer and graphic designer Kate Paillat of the blog Maurice & King decorated her London rental with her two small sons—ages 4 and 2—in mind. It's not New York City, but it does show how you can live beautifully even with young children at home. Here, via Design*Sponge, are a few of her tips for creating a family-friendly abode.
New York is the city that never sleeps, so if you're ever gonna get some shut eye, you'll need to a good mattress. Well, you're in luck. Next week, BrickUnderground is giving away an ultra-luxe Tuft & Needle mattress to the lucky winner of our first-ever sweepstakes.
Having a second child in New York has major real estate implications. Bunk beds help.
I've lived in New York City for most of my 30-plus years, and it seems like I'll always be in an apartment that's one room short.
I grew up in a two-bedroom, one-bath rental on the Upper West Side with my mother, father and sister. My parents divided our large bedroom with desks and dressers that acted like a wall between us, and I really didn't mind sharing the space. I'm 6 years younger, and by the time I needed more privacy, she had moved away to college. Where we really felt pinched was in the lack of another bathroom. Four people getting ready at the same time each morning can be tricky.
You may have heard horror stories about raising your kids in the big, bad city, but don't believe the hype. In fact, bringing up kids in the urban jungle gives you some distinct advantages over your parental counterparts in the 'burbs. Some things to consider before you flee for Connecticut....
For a studio at 530 West 45th, the income cap is $95,865 a year.
Depending on your perspective, this is either a welcome reminder of your affordable housing options, or a forehead-slapping bulletin that even the well-off need subsidized housing in NYC: new development Gotham West apparently has a glut of vacant middle-income apartments for renters making up to six figures, according to a New York Post story from the weekend.
No-fee Chelsea studio with washer/dryer and floor-to-ceiling windows in building with gym, basketball court, children's playroom, doorman, and concierge service, $3,330/month
If you're looking to land a rental without draining your savings account paying a standard broker's fee, head over to Naked Apartments to see a variety of no-fee and low-fee apartments with fees that top out at 9 percent (versus the typical 12 to 15 percent). We've rounded up current options in all five boroughs and in a variety of price ranges, and you can also search Naked Apartments by “no-fee” or “low-fee” to see more.
Choosing the right neighborhood is an individual endeavor for anyone. But add a kid or three to the mix and it gets exponentially more difficult. For one thing, real estate brokers are barred by federal discrimination laws from steering clients with children to areas that might fit best. (Even describing an apartment as “family-friendly” is verboten.)
For another, as more public and private schools open up, including in the outer boroughs, parents don’t necessarily pick where to live based on school choice alone. “Now when I have parents tell me what neighborhood they’d like to live in, I can generally give them three or four decent public schools in those neighborhoods,” says school consultant Robin Aronow, founder of School Search NYC.
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