Clik here to view.
Million Dollar Listing NY’s would-be star speaks out
Jessica Cohen filming “Million Dollar Listing New York” What many don’t know about Jessica Cohen, who heads a 10-agent team at Douglas Elliman, is that she was an original cast member on “Million...
View ArticleClik here to view.
Toys “R” Us founder sells UES co-op for $21M
960 Fifth Avenue and Charles Lazarus (Lazarus photo credit: Corbis Images) From one billionaire to another, an Upper East Side duplex co-op changes hands. Charles Lazarus, the founder and chairman...
View ArticleClik here to view.
Pacific College cuts costs in move to Swig’s 110 William
110 William Street and Kent Swig The Pacific College of Oriental Medicine is relocating to Lower Manhattan, a move that drops its monthly rent by more than $20 per square foot, or 40 percent, the New...
View ArticleClik here to view.
LPC protects Trinity’s One Hudson Square amid rezoning fears
From left: One Hudson Square and the LPC’s Robert Tierney The Landmarks Preservation Commission designated Trinity Real Estate’s One Hudson Square, the hulk of a building at the corner of Canal and...
View ArticleClik here to view.
Landlords and tenants stuck in “stalemate” July rental market
Average rents (courtesy: Citi Habitats) The pace of rent growth in Brooklyn continues to outshine that of Manhattan, although rents in both boroughs remain at record highs, according to July reports...
View ArticleClik here to view.
Top stories
Top stories yesterday on The Real Deal: 1. Million Dollar Listing NY’s would-be star speaks out 2. TV star Ortiz lands at Elliman after KWNYC firing 3. Secrecy at One57 and 432 Park stresses gulf...
View ArticleClik here to view.
Blackstone’s Hilton Hotels chain preps for an IPO, two lighthouses that could...
Graves Island lighthouse on Boston Harbor (Credit: Nelights.blogspot.com) 1. Blackstone’s Hilton Hotels chain readying for an IPO [Crain’s] 2. Two New England lighthouses you could own if you act now...
View ArticleClik here to view.
Fairway Market snatches up 46K sf at Hudson Yards
From left: Hudson Yards rendering and Fairway Market Fairway Market is taking a prime spot in the first office skyscraper going up at Hudson Yards, the grocery chain and the project’s developers,...
View ArticleClik here to view.
Key Ventures agent jumps to Town with $48M exclusive
Beverly Cole and her listing at 57 East 64th Street High-end luxury broker Beverly Cole has joined Andrew Heiberger’s Town Residential from boutique brokerage Key Ventures, she told The Real Deal....
View ArticleClik here to view.
Notorious Queens developer banned from real estate, but problems at his...
Tommy Huang and Broadway Tower Condominium From the August issue: For a while, it seemed like developer Thomas “Tommy” Huang was living the American dream. The immigrant businessman came to New York...
View ArticleClik here to view.
Lehman sells Dunbar Manor in $139M portfolio
Dunbar Apartments, West 149th and West 150th streets between Seventh and Eighth avenues (Credit: Flickr) Lehman Brothers has divvied up a $139 million portfolio of Upper Manhattan apartment buildings,...
View ArticleClik here to view.
Numbers to know: Luxury contracts decline for the first time in months,...
A rendering of Gotham West (credit: Gotham Organization) “Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. The luxury market...
View ArticleClik here to view.
Related residents decry rising Caledonia gym fees
From left: 100 Tenth Avenue and 450 West 17th Street Condominium owners at the Related Companies’ Caledonia building in Chelsea are upset about Equinox gym membership discounts that will soon expire,...
View ArticleClik here to view.
Hedge funder and model scoop up penultimate Whitman unit
From left: Melanie Lazenby, an interior shot and an exterior rendering of the Whitman A hedge fund shark and his model wife have shelled out nearly $10 million for a condominium in the Whitman in...
View ArticleClik here to view.
Manhattan’s biggest managing agents
Click to enlarge From the August issue: They pencil out budgets. They organize repairs. They field complaints about noise in the middle of the night. And many of Manhattan’s managing agents — the...
View ArticleClik here to view.
Extell gave Cuomo $100K before gov signed tax break law
From left: Gary Barnett and Andrew Cuomo Two affiliates of Extell Development gave a $100,000 donation to Gov. Andrew Cuomo, a few weeks before he signed a law allowing Gary Barnett’s firm and four...
View ArticleClik here to view.
Developers, investors push for tax-exempt down payments
Developers and real estate investors have been pushing for mortgage down payments to be granted tax-exempt status, the New York Times reported. U.S. Congress should authorize individual mortgage...
View ArticleClik here to view.
Baby boomers up their clout in NYC luxury condo market
Baby boomers and a rendering of 160 East 22nd Street Baby boomers are moving in greater numbers to young, trendy New York City neighborhoods such as Williamsburg, often pushing prices up and prompting...
View ArticleClik here to view.
Priciest, cheapest units to hit the market
From left: 521 Park Avenue and 579 West 215th Street Douglas Elliman’s Florencia Kaufmann, Jennine Gourin and Patricia Vance are marketing one of two single-family homes that tied for the priciest...
View ArticleClik here to view.
Centaur bets again on West Chelsea with $45M buy
Harlan Berger of Centaur and the site at 526 West 28th Street Developer Centaur Properties has paid $45 million to acquire a West Chelsea site with close to 110,000 square feet of unused air rights,...
View Article