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Calvin Klein’s former home at 55 CPW lists for $35M
A long vacant 12-room unit inside the Art Deco building at 55 Central Park West — a space once home to Calvin Klein — has hit the market, asking $35 million, according to the New York Times. For nearly...
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Macerich to buy Kings Plaza Mall for $751M
Shopping mall investor and operator Macerich will buy the Kings Plaza mall in Brooklyn for $751 million, the firm announced today. Macerich — the owner of Queens Center and the Shops at Atlas Park – is...
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Tribeca renters sued for “putrid” design scheme
A Manhattan couple is suing the renters of their luxurious three-bedroom Tribeca apartment for $213,200 in damages, the New York Post reported. Steven and Julie Young purchased the downtown apartment...
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How the election will change NYC real estate
From the October issue: The contest between Barack Obama and Mitt Romney has already inspired wall-to-wall media coverage and unprecedented levels of spending, and the furor will only intensify in the...
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Food trucks rent prime street real estate
Seems like every inch of New York City space is in demand. The New York Post reported that Sage Realty is now leasing prime street real estate to food trucks for $150 a day. The rentable docking area...
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Romance-seeking millionaire pays $13.7M for Aldyn unit, setting building record
Forget makeovers and Manolos: One single and very rich Floridian is betting that nothing attracts an eligible bachelor like some serious square footage overlooking the Hudson River. Cheryl Mercuris, a...
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Goulston & Storrs inks deal for former Madoff space
International law firm Goulston & Storrs has inked a 19,270-square-foot deal for a floor located inside the Lipstick Building that has a bit of a past. The New York Observer reported that the 18th...
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Tech execs praise NYC’s growing startup culture – with caveats
The Bloomberg Administration has made no secret of its goal to promote New York City’s burgeoning tech industry in order to diversify the local economy. And the message is hitting home with tech...
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Silverstone to break ground on 170-unit Williamsburg rental
Manhattan-based real estate company Silverstone Property Group is planning to break ground on a 170-unit rental project in Williamsburg following its $21.66 million purchase of a 170,000-square-foot...
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Park Avenue duplex hits market with $35M price tag
A duplex penthouse at 885 Park Avenue — a co-op once home to former National Football League commissioner Paul Tagliabue and to Marne Obernauer Jr., an owner of the Colorado Rockies baseball team — has...
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Cohen picks Cushman & Wakefield team to fill vacancies at 622 Third Avenue
Charles Cohen of Cohen Brothers Realty has vacancy at 622 Third Avenue on his horizon — a total of 200,000 square feet inside the 900,000-square-foot property when leases expire. Bruce Mosler of...
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Is E*Trade eyeing 1 WTC?
The online discount stock brokerage E*Trade is considering a lease at One World Trade Center, sources told The Real Deal. The financial services company is taking “a hard look,” at space inside the...
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Ocwen, Fortress compete for ResCap’s $200 billion servicing portfolio
Ocwen Financial and Fortress Investment Group have emerged as the leading bidders in an auction for bankrupt Residential Capital’s $200 billion mortgage servicing portfolio scheduled for today, the New...
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Witkoff expects new Times Square project will net $50M annually: PHOTOS
Steve Witkoff Real estate developer Steven Witkoff said the retail portion of 701 Seventh Avenue would bring in about $50 million a year in rent and signage. "I believe the rental numbers in Times...
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Hedge fund billionaire gives $100M to Central Park
Hedge fund billionaire John Paulson and his foundation, the Paulson Family Foundation, are donating $100 million to the Central Park Conservancy, Mayor Michael Bloomberg announced at a news conference...
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NYC sues short-term rental operator for allegedly misleading tourists
The city filed suit today in New York State Supreme Court against Smart Apartments, a large-scale operator of short-term rentals in more than 50 buildings in Manhattan and Brooklyn. The suit is the...
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East Hampton mansion that has hosted celebrities faces uncertain future, amid...
A fight between the owners of a $15 million East Hampton mansion called Goose Creek — the site of movie screenings attended by such celebrities as Gwyneth Paltrow and Jerry Seinfeld — could put an end...
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Gowanus Whole Foods to open next fall
The Gowanus Whole Foods will open in the fall of 2013, according to a memo the grocery store chain sent to Community Board 6, Brownstoner and others reported. Other details include that ground work on...
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Christine Quinn skips Chelsea Market public hearing
The City Council held a public hearing on the proposed Chelsea Market expansion today, but City Council Speaker Christine Quinn, whose vote is key to the approval of the project, was nowhere to be...
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Hedge-funder pays $24M for co-op in building favored by billionaires
Billionaires, like birds of a feather, tend to stick together. Finance bigwig Phillippe Laffont, founder of tech-focused multibillion-dollar hedge fund Coatue, has purchased a three-bedroom apartment...
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