Matt Coyne

Michael Goldberg is well on his way to evicting the rats.

Madonna's Would-Be Kabbalah Castle Sees New Life

By Matt Coyne | March 31, 2011 | 11:14 am

The Lower East Side's 179 Ludlow Street is, finally, after years of bankruptcy and flirtations with kabbalah, getting cleaned up, and is on its way to becoming a rental, the Post... MORE >

Goddamn: the scene in Washington Square Park on Monday.

Gimme Shelter! A Taste of Mideast Mishegas Comes to Washington Square Park

By Matt Coyne | March 30, 2011 | 5:58 pm

Anything related to the Israel-Palestine conflict is sure to be controversial. That's what makes it so much fun. And so it was with the graffiti-covered faux-bomb shelter/art installation erected in Washington Square Park on Monday... MORE >

This is why you're missing out on all this sweet, sweet audio goodness.

The Daily's Audio Comments: March 30's Greatest Hits

By Matt Coyne | March 30, 2011 | 1:33 pm

For you poor souls who go iPad-less, The Daily, Rupert Murdoch's much ballyhooed iPad newspaper, has audio comments. The results are just about as awesome as you would expect. Because, we, at The Observer, are committed to giving the technology-deprived among you a little taste of what you're missing out on, we've compiled a short list of The Daily's top audio comments for today, March 30. Reader audio comments, much like the text comments which are... MORE >

Look at 'em all...

It's Free to Look: Own a Lot of Books? You're in Luck!

By Matt Coyne | March 29, 2011 | 3:44 pm

When some listings mention a library, they're really talking about an office with a really huge bookshelf, but when this Prudential Douglas Elliman offering talks about a library, they mean a freaking... MORE >

King Kong could have ridden his Schwinn.

Tallest Building in Town Adds Bike Racks 2.0

By Matt Coyne | March 28, 2011 | 12:13 pm

Today the World's Most Famous Office Building announced the completion of the installation of bike racks as part of its ongoing sustainability initiative. The only thing, though, is the "bike racks" aren't really bike racks, but rather a whole "dedicated bicycle storage room ... purpose-built to provide secured and weather protected bicycle storage for tenants." Isn't modesty... MORE >

The views from 111 Central Park North in springtime 2007. Those were the days.

Park Heights: Where the Streets Have Just Rain

By Matt Coyne | March 24, 2011 | 3:25 pm

The latest in our series on the neighborhoods of New York City. Click here for the last one on West Williamsburg. When 111 Central Park North went up four years ago, it was supposed to thrust the Park Heights neighborhood into the same gentrified air as parts of Harlem were seeing a few blocks... MORE >

No word on whether or not the piano comes with it.

It's Free to Look: A Townhouse in a Loft

By Matt Coyne | March 24, 2011 | 1:30 pm

Exactly how Corcoran packed a "sundrenched townhouse" with "space and versitility" into a Tribeca loft with all its "brilliant light and airness" is beyond The Observer, but evidently they did it, and it's on the market for $2.3 million. The architecturally redesigned three-floor co-op has three bedrooms, with a library convertable to a fourth, and two and a half baths. The rest of the 2,100 square feet is rounded out with a media room and... MORE >

Come on, how could it NOT be the Home of the Week?

It's Free to Look: Yeah, There Are Two Private Roof Decks

By Matt Coyne | March 23, 2011 | 1:02 pm

This $3.7 million condo in Gramercy, listed over at Prudential Douglas Elliman, was recently Metro Residential's Home of the Week. And, honestly who doesn't want to live in the Home of the... MORE >

That fabulous kitchen...

It's Free to Look: Unleash Your Inner Martha Stewart in the West Village

By Matt Coyne | March 22, 2011 | 12:08 pm

The listing for this $4.2 million three-bedroom, three-bathroom condo in the West Village gushes that the formal dining room-giant kitchen combo will "bring out your inner Martha... MORE >

Wall Street Is Over If You Want It ...

By Matt Coyne | March 21, 2011 | 2:46 pm

... as the center of the financial world anyway. At least that's what Bloomberg reasons, citing declining rents and the flight of financial firms to other parts of the city as the signal that Wall Street, well, isn't quite Wall Street... MORE >

Well on its way to half-empty.

Vornado, SL Green to Hold Serious Debt on Troubled 280 Park

By Matt Coyne | March 21, 2011 | 12:18 pm

Vornado and SL Green, two of New York's biggest REITs, have agreed to buy $400 million in debt from Broadway Partners and Investcorp on the 1.2 million-square-foot complex at 280 Park Avenue. Broadway and Investcorp bought the building for $1.2 billion in 2007, in one of the most expensive building purchases that heady year. In more recent news, the building is being threatened with 45 percent vacancy after Deutsche Bank left, and the NFL plans to vacate its offices... MORE >

Damn you, Pitt!

Jones Lang LaSalle Fills Out Bracket, Already Screwed

By Matt Coyne | March 21, 2011 | 12:05 pm

Much like The Observer, who had Pitt winning the national championship, Jones Lang LaSalle has already lost their NCAA tournament pool. Using their "proprietary predictive model," a.k.a. office vacancy rates for the cities in which the schools are located, the commercial real estate services firm put Ohio State, Richmond, Temple and New York's own St. John's in their Final Four. For those of you who haven't caught March Madness, St. John's got knocked out in... MORE >

iStar Gets the Credit It Needs

By Matt Coyne | March 21, 2011 | 11:56 am

Commercial real estate lender iStar Financial, which during the recession questioned it's own ability to carry on without any new lines of credit, has finally got the cash it needs, as reported by... MORE >

What is it about an opportunity like this?

It's Free to Look: Chelsea Market's Virgin Penthouse

By Matt Coyne | March 16, 2011 | 1:48 pm

It's the first time on the market for this $3.6 million three-bedroom, 2.5-bathroom penthouse at 63 West 17th Street in Chelsea. At least according to the listing over at Triumph. The full-floor condo, despite its inexperience, features "perfect flow and an exceptional layout," a private elevator, gas fireplace and is within walking distance to the gallery district, the High Line, Union Square, Madison Square Park and the West... MORE >

Feel the hipness.

West Williamsburg: 'From Hipsterville to Collegeville in the Last Year'

By Matt Coyne | March 10, 2011 | 1:46 pm

In the shadow of the Williamsburg Bridge—and now luxury condominiums—West Williamsburg forms a nice artists' enclave on the Brooklyn side of the East River. The neighborhood, on a sliver of land between the river and the Brooklyn-Queens Expressway and which a handful of northern Brooklyn's 125,000 residents call home, flies in the face of the rest of the city. With Costco and Walmart jockeying for position to open Manhattan locations, West Williamsburg remains fiercely independent... MORE >