NYC real estate left unoccupied; meaning the lights are on but no one is home…literally. Luxury residences are swept off the market by business moguls from all over the world who stay in their prime NYC real estate properties a handful of times a year. In a city where a parking space sells for $1 million, some may wonder, “Who would spring for premium real estate and leave it vacant?”. Judgments to the side, many NYC residents are worried this may widen the gap between the wealthy and poor. Building Survey crews are noticing a number of high-end residences in Manhattan that seem unoccupied.
Can you name this historical building?
…No? Take a close look at the second picture:
Hint: Look at the iron sign over the entry.
Answer: This is the old Singer Manufacturing Company headquartered in New York between Prince and Broadway Streets! BSC was recently here and could see how drastically this historic building has evolved. Singer is an American manufacturer of sewing machines , and this historical building was resurrected in 1904 and is known as the “Little Singer Building” in NYC. It was designed by architect Ernest Flagg and features an Art Nouveau style.
Check out the building and see some history.