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16-unit rental to rise at Clinton Hill’s 596 Washington Ave
Renderings of 596 Washington Avenue A 13,103-square-foot, 16-unit rental is slated to rise at 596 Washington Avenue, just on the Clinton Hill and Prospect Heights line in Brooklyn. The spot will also...
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S&P calls for greater investor safeguards in debt-related eminent domain
The use of eminent domain to seize debt to help borrowers could lead ratings firm Standard & Poor’s to demand greater protections for investors. Eminent domain, of the type being proposed in...
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Top stories
Top stories yesterday on The Real Deal: 1. Storage at 56 Leonard pricier than average U.S. home 2. Baccarat Hotel & Residences New York tops out: PHOTOS 3. Town opens ninth Manhattan office in...
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Clock is ticking for Swatch on Fifth Avenue
Retail at 666 Fifth Avenue UPDATED, Aug. 28, 7:15 a.m.: The popularly-priced watch store Swatch Group put its location at 666 Fifth Avenue on the market with an asking price of $2,500 per square foot,...
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Jehovah’s Witnesses signs come down at 117 Adams Street, NYC’s vanishing...
117 Adams Street, sans Jehovah’s Witnesses signs 1. Dumbo’s 117 Adams pulls down Jehovah’s Witnesses signs in advance of sale [Dumbo NYC] 2. America’s most overvalued and undervalued housing markets...
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Chetrit, Bistricer sell Hotel Chelsea stake to King & Grove
222 West 23rd Street and King & Grove’s Ed Scheetz The historic Hotel Chelsea has changed hands yet again. The 222 West 23rd Street property, purchased by developer Joseph Chetrit a mere two years...
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FreshDirect, Denihan form room service venture
From left: 150 East 34th Street and 42 West 58th Street FreshDirect is teaming up with Denihan Hospitality Group to stock guest refrigerators with microwaveable gourmet meals, snacks, fruit and other...
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Elad’s top sales exec leaves for freelance consulting
From left: current Elad CEO Udi Erez, the exterior and interior of 250 West Street Elad Group, the developer behind one of New York City’s most talked about – and most fraught — projects of the last...
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Architect’s Astoria townhouse asks sky-high $2M
25-92 36th Street Architect Jorge Bosch has listed his three-unit Astoria townhouse for $2 million — a hefty pricetag for the affordable nabe. Bosch purchased the home at 25-92 36th Street back in 2007...
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City Council candidates face back-rent judgments
From left: Joyce Johnson, Robert Cornegy and Olanike Alabi Four City Council contenders — Joyce Johnson, John Whitehead, Robert Cornegy and Olanike Alabi — stand accused of owing tens of thousands of...
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Chetrits, King & Grove break up hotel partnership
A rendering of the proposed restoration of the Hotel Chelsea The split between the Chetrit Group, one of New York City’s most powerful real estate families, and boutique hotel brand King & Grove...
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Top stories
Top stories yesterday on The Real Deal: 1. How common are NYC’s poor doors?: PHOTOS 2. Swig Equities quietly shopping 110 William Street 3. New York City’s best commercial firms to work for
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TF Cornerstone’s FedEx building to get 300K sf Toyota dealership
From left: Tom and Fred Elghanayan and 660 12th Avenue The TF Cornerstone-developed FedEx facility on 12th Avenue will soon have a new 300,000-square-foot Toyota dealership.The dealership will be built...
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“You cannot be serious!”: Tennis whiz John McEnroe sells Beresford home
The Beresford and John McEnroe Bad boy tennis ace John McEnroe, a longtime owner of a co-op in the Beresford building‘s northeast tower, has sold the apartment for $3.1 million, according to public...
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New York Public Library stacks escape demolition
455 Fifth Avenue A plan to demolish the book stacks at the New York Public Library’s historic Fifth Avenue location has been scrapped. Responding to a public outcry over the plan to get rid of the...
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Halstead bets on Harlem with bigger office
2161-2169 Frederick Douglass Boulevard in Harlem (Inset: Halstead’s Sandy Wilson) Halstead Property is relocating its Harlem operations to an office that is nearly double the size, the company told The...
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Jobs for NY backing makes trouble for City Council candidate
From left: Laurie Cumbo and REBNY’s Steven Spinola Laurie Cumbo, a candidate for Brooklyn’s 35th District City Council seat was doing fine until the Jobs for New York, the Real Estate Board of New...
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Trump’s grade is G for guilty, Orthodox Jews sue town of Southampton … and more
The Donald. 1. Trump’s grade on real estate school is G for guilty: OPINION [NYP] 2. Orthodox Jews sue Southampton to install “eruv” markers [NYP] 3. Missouri bank executive admits to using bailout...
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“Chibeca” becoming a hive of residential development
From left: 87-93 Worth Street, 350 Broadway and 346 Broadway Times are changing for “Chibeca,” an area along Broadway in Tribeca that is so-called because of its proximity to Chinatown. The area has...
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Pi Capital’s rentals augur more development for Elmhurst
86-55 Broadway in Queens Pi Capital Partners’ Elm East, a new luxury residential rental building at 86-55 Broadway in Elmhurst, has little neighborhood company in its high-end niche — for the moment....
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