Today's great story on New York City as real estate investment and money laundering capital of the world has lots to recommend it, but in particular it confirms one of those things you already know but don't have the numbers on: The Census Bureau estimates that 30 percent of all apartments in the quadrant from 49th to 70th Streets between Fifth and Park are vacant at least ten months a year.
Amazing. Such validation! The rest of us, well… we work here, so we should probably have some place to sleep.
The Spire Lofts in Williamsburg have been going on the market in waves, with an open house held [...]