The London version of this is Spiegelhalters, in the middle of the ornate facade https://en.wikipedia.org/wiki/Wickhams_(department_store)
That wiki photo is hilarious!
The tiny holdout building in the middle of Macy’s is back in view
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Re: The tiny holdout building in the middle of Macy’s is back in view
#12That building looks horrible, do people live there?
Based on the pictures I can’t imagine anyone legally living there.
I don’t know for sure, but I imagine usable windows are required for living spaces.
Re: The tiny holdout building in the middle of Macy’s is back in view
#13That building looks horrible, do people live there?
Not on the really rough looking floors. It has been used as a huge billboard for a very long time.
Re: The tiny holdout building in the middle of Macy’s is back in view
#14That building looks horrible, do people live there?
I was thinking the same question. It certainly looks unoccupied -I can’t imagine people living in the other side but then again it _could_ be very well maintained and decorated on the inside despite the eyesore looks on the outside. Moreover since the lower floors are commercial it must mean that at least the upper floors are keeping out the elements.
Re: The tiny holdout building in the middle of Macy’s is back in view
#15The London version of this is Spiegelhalters, in the middle of the ornate facade https://en.wikipedia.org/wiki/Wickhams_(department_store)
Amsterdam's Victoria Hotel near Central Station also has a holdout embedded in its edifice.
https://old.reddit.com/r/SpiteHouse/comments/of5cqh/in_the_c...
Re: The tiny holdout building in the middle of Macy’s is back in view
#16That building looks horrible, do people live there?
Based on the pictures I can’t imagine anyone legally living there. I don’t know for sure, but I imagine usable windows are required for living spaces.
Every bedroom of a rental is required to have a window in New York.
But in this part of town, the advertising rights alone probably vastly exceed any possible revenue from renting the building for residential use. It’s kind of like the tiny building in Times Square that has the ball on top. I don’t think people even realize there’s a building behind all of the billboards, but it was original New York Times building.
Re: The tiny holdout building in the middle of Macy’s is back in view
#17Is it more profitable to lease the space for banners as opposed to lease the apartments to tenants?
Re: The tiny holdout building in the middle of Macy’s is back in view
#18a farm. in manhattan
sigh
Re: The tiny holdout building in the middle of Macy’s is back in view
#19Is it more profitable to lease the space for banners as opposed to lease the apartments to tenants?
Probably since you don't have to deal with tenant issues for one.
Re: The tiny holdout building in the middle of Macy’s is back in view
#20That building looks horrible, do people live there?
There are several such buildings in NYC in prime real estate areas that are kept empty in order to prioritize billboard revenue.