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CORE star Michael Graves jumps to Elliman
Howard Lorber, Michael Graves and Dottie Herman Michael Graves, a top-producing broker at CORE, has joined Douglas Elliman after a four-year stint with Shaun Osher’s Chelsea-based firm, he told The...
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Rentals in demand: Upper East Side, two-bedrooms
The Upper East Side has unseated the East Village as the most in-demand neighborhood for prospective tenants hunting down a rental apartment in Manhattan in the last week, according to data from...
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Keller Williams NYC pioneers in-house coaching dep’t
From left: Eric Barron, Ann Guttman and Paul Buttenhoff Keller Williams NYC is doing what seemingly no Manhattan residential real estate firm has done before by creating an in-house productivity...
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Real estate execs defend 421A tax credits at heart of probe
From left: 30 Park Place, 56 Leonard, 150 Charles Street and 157 West 57th Street Five of the city’s top developers have found themselves in hot water for getting tax breaks at their luxury projects,...
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NYC’s commercial firms duke it out on baseball diamond
From left: Robert Futterman, NGKF’s Barry Gosin, Massey Knakal’s Bob Knakal The real estate industry is on pins and needles wondering which commercial brokerage will take the crown in its men’s...
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Elliman’s Harlem shake up lets firm expand in hot ‘hood
From left: Elliman’s Dottie Herman, John Lawrence and 2110-2118 Frederick Douglass Boulevard After seven years on West 117th Street in Harlem, Douglas Elliman is moving into a new office at Frederick...
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Cayre, Adjmi to pay $23M for popular Bronx retail: sources
2952 Third Avenue (Photo credit: PropertyShark) Two Manhattan investors known for their retail holdings, Bobby Cayre and Alex Adjmi, inked a contract last week to pay approximately $23.2 million for...
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Park Avenue church on brink of massive residential conversion
1010 Park Avenue Park Avenue Christian Church will soon give way to a massive residential conversion, according to the blog BuzzBuzz Home. The five-story structure on East 85th Street will grow by more...
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Resnick’s One Seaport Plaza fully occupied after Epsilon lease
One Seaport Plaza and Burton Resnick (Resnick photo credit: Steve Friedman) Epsilon Data Management, a Texas-based marketing firm under the wing of Alliance Data Systems, signed a lease for nearly...
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NYC landlords boot paying tenants to shelter homeless
Private landlords in the city are increasingly clearing space for the homeless by forcing market-rate tenants to leave, WNYC reported. When shelters are too crowded to take additional boarders, the...
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Mount Sinai doctors score hefty interest-free mortgages
Mount Sinai Hospital at 1 Gustave Levy Place Mount Sinai Hospital has been treating doctors with big interest-free mortgages as incentives for staying on the staff, the New York Daily News reported....
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Ilan Bracha takes two years to sell his own Trump Place abode
Trump Place interiors and Mati and Ilan Bracha Even top brokers have trouble selling their homes. After more than two years on the market, Ilan Bracha, a founder of Keller Williams NYC and head of an...
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Keystone signs Chinese bank to newly acquired 202 Canal
Keystone’s Jonathan Zamir and 202 Canal St. The Industrial and Commercial Bank of China has signed a 15-year, triple-net lease to expand its current space at 202 Canal Street, Crain’s reported. ICBC...
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DOB relaxes rules on yoga studios
Alison West, head of Yoga for New York Small yoga studios — those hotbeds of stress and angst — can breathe a little easier now, thanks to a city Department of Buildings change that allows some of them...
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Brown Harris broker takes client loyalty to new heights in Hamptons plane
Brown Harris Stevens’ Christopher Burnside (inset) and an aerial view of East Hampton Brown Harris Stevens broker Christopher Burnside has a new approach to cementing buyer loyalty: taking Hamptons...
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Target hits bull’s eye with Chelsea retail, office lease
From left: CBRE’s Paul Amrich, 521 West 25th Street and 511 West 25th Street Retail juggernaut Target has secured a 10-year, 24,000-square-foot lease on the second floor of 521 West 25th Street,...
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NYU, enviro group to monitor commercial tenants’ energy use
NYU’s Constantine Kontokosta and the NRDC’s Peter Lehner New York University and the National Resources Defense Council are partnering to improve commercial tenant energy use, the New York Observer...
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Download TRD’s mobile app — it’s free
The Real Deal is already the go-to source for New York City real estate news. But what about when you’re on the go? Download TRD’s free mobile app, available now in the Apple iTunes store and through...
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NYC commercial property overvalued, real estate execs say
Most New York City real estate executives say Manhattan commercial properties are overvalued, according to a survey from accounting firm Marks Paneth & Shron cited by Real Estate Weekly. The 100...
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Vornado’s $1.4M Penn Station payment is finally getting spent
Vornado’s Steven Roth and Penn Station taxi stand Vornado Realty Trust’s $1.4 million payment to the cleanup efforts around Penn Station — which has been languishing for 12 years — is finally going to...
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