Fitted with energy-efficient lighting products in every room, three model residences at luxury boutique condominium conversion 211 East 51st Street were chosen - over every other new development in the city - by electronics giant Sylvania to serve as the backdrop for two press tours showcasing the company's most cutting-edge new merchandise, according to Henry Justin, principal of HJ Development, which is spearheading the residential development project.
According to Sylvania representatives, 211 East 51st St. was chosen for the sleek symmetry of its "Nouveau Deco" architecture, and the spacious grace of internationally-renowned designer Shamir Shaw's interiors.
"Our models serve as a tremendously effective backdrop for these products because the spaces are so adaptable," said Justin. Â "Unlike most new construction, the residences at 211 East 51st St. offer timeless comfort. Â Our interiors are made to embrace any resident's personal style."
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary