Katie Warren, provided by Published 9:51 am PDT, Saturday, November 3, 2018 Getty Images These days, many rich New Yorkers don't seem to care about the prestige of living in a penthouse apartment. New York City is seeing an overabundance of penthouse units on the market, with a 16% uptick in listings in October compared with the same month last year. The surplus means real-estate agents are considering offers well below asking price, according to Jason Haber of Warburg Realty. And these days, "not everyone needs a penthouse to feel like they got the trophy," Reba Miller, a broker at Berkshire Hathaway HomeServices, told The Real Deal. The penthouse apartment, which occupies the highest floor of a residential building, has long been synonymous with wealth and luxury. But for affluent New Yorkers, the luxury penthouse apartment seems to be losing its allure. New York City has a surplus of penthouses on the market, according to The Real Deal. There were 443 penthouses … [Read more...] about New York City has more penthouses available than it can fill — and it suggests a change in the way wealthy people are looking at luxury real estate
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Alison Millington, provided by Published 5:51 am PDT, Saturday, November 3, 2018 Emilie Baltz Eating the best food in the world doesn't have to be reserved for special occasions. As it turns out, there are plenty of Michelin-starred restaurants around the world that are surprisingly affordable. Did you know that the cheapest Michelin-starred meal in the world, in Singapore, costs just $2.20? For those who don't plan to travel that far, Business Insider teamed up with the discount website Vouchercloud to find out where the best deals are in New York City. To produce the list, Vouchercloud looked at the price of a set lunch menu at every New York City restaurant included in this year's Michelin Guide, or if there was no prix fixe lunch, the cheapest individual lunch item. Business Insider also conducted some research of our own to add to the ranking. As it turns out, there are 19 Michelin-starred restaurants where you can eat lunch for $50 or less — and eight … [Read more...] about 19 Michelin-starred New York City restaurants where you can get lunch for $50 or less
NEW YORK -- A rare duck is causing a stir in New York City. The Mandarin duck, known for its multicolored feathers and hot pink bill, is native to East Asia. The big question is: Why is it in the middle of Manhattan? CBS New York reports that photographer Dennis Newsham can't get enough of the duck. "I took a couple hundred [pictures] because it's a rare bird and I was trying to get some action shots, and I got some of it flying," Newsham said. The Harlem man isn't the only one flocking to Central Park to get a glimpse. Since the bird was first spotted on October 10, New Yorkers and tourists have swarmed to a pond in the southeast corner of the park near 59th and Fifth Avenue. "It's an incredible gift to New York," said bird-watcher Yovanna Davinci. "This is a wonderful opportunity to see a beautiful animal," said Michelle Ashkin, co-director of education at the Wild Bird Fund. Even students on school field trips are stopping by. Bird-watcher Dave Barrett said it's one … [Read more...] about Rare Mandarin duck finds home in New York City’s Central Park
New York City is a place where attitude and strong opinions are in the DNA. New Yorkers might not agree on much, but there is one thing on which millions of them do agree: the subway is a mess. Trains are packed, breakdowns and delays are routine, some say it's gone off the rails. After an actual derailment last year injured more than 40 people, the governor declared a state of emergency. When it first opened more than a century ago, the New York City subway was considered a feat of American engineering, now it's another example of the country's ailing infrastructure. Luckily, there's a man with a plan, an Englishman in New York who proposes the city's largest infrastructure expenditure since the 1950s. More on that in a moment. First, if you have never ridden the sprawling New York City subway, welcome aboard. When the trains are moving, there's no better way to get around New York City, than on the subway. These 400-ton behemoths crisscross the underbelly of the city, zipping … [Read more...] about Why has the New York City subway gone off the rails?
Michael R. Sisak and Tom Hays Associated Press Published 3:07 PM EDT Oct 11, 2018 New York – Prosecutors in New York City abandoned part of their sexual assault case against Harvey Weinstein on Thursday after evidence surfaced that a police detective coached a witness to stay silent about evidence that cast doubt on the account of one of his earliest accusers. With Weinstein looking on, a judge agreed to dismiss the lone charge in the case related to Lucia Evans, who helped spark the #MeToo movement when she told The New Yorker in an expose published a year ago Wednesday that the film producer had forced her to perform oral sex in his office in 2004 when she was a college student and aspiring actress. Weinstein, 66, still faces charges over allegations that he raped an unidentified woman in his hotel room in 2013 and performed a forcible sex act on a different woman in 2006. He has pleaded not guilty and denies all allegations of nonconsensual sex. Prosecutor Joan … [Read more...] about New York City prosecutors drop part of Harvey Weinstein case