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Sumitomo subleases 100K square feet at 300 Madison
300 Madison Avenue and Brookfield’s Dennis Friedrich Japanese trading house Sumitomo is taking 98,454 square feet at Brookfield Office Properties’ 300 Madison Avenue. Sumitomo will move from its...
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3 reasons why new home prices will slow by more than existing home prices
Economists have warned for some time now that home prices are set to slow in second half of 2013. Paul Diggle at Capital Economics points out that the pace of new home price growth is set to slow by...
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Karl Fischer-designed six-story building coming to Greenpoint, checking in on...
One Madison Park 1. Karl Fischer-designed six-story building coming to Greenpoint’s Leonard Street [BuzzBuzzHome] 2. Checking in on the penthouse at Related’s One Madison Park: PHOTOS [BuzzBuzzHome] 3....
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Benchmark doubles money with Greenwich Village sale
Benchmark’s Jordan Vogel, Marcus & Millichap’s Joe Koicim and Peter Von Der Ahe and 48 Bedford Street Aaron Feldman and Jordan Vogel of Benchmark Real Estate Group have made good on their intention...
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Extell’s One Riverside Park to premiere in November, do jazzed-up renderings...
A rendering of the residents’ lounge at One Riverside Park 1. Extell’s One Riverside Park on UWS will hit market in November [Curbed] 2. Floorplans unveiled for Pierhouse condos at Brooklyn Bridge Park...
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West 57th Street’s shiny new Viceroy Hotel trades for $149M
Exterior of the Viceroy Hotel at 120 West 57th Street American Realty Capital New York Recovery, a real estate investment trust, has paid ARK Real Estate $148.5 million for the newly-minted Viceroy...
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Coldwell adds boutique firm Kenneth Zund Realty to roster
Richard Selig Coldwell Banker Commercial Alliance has acquired New York City-based commercial brokerage Kenneth Zund Realty, the firms announced in a release yesterday. Top Zund executives including...
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Morris Adjmi’s torqued 837 Washington is bold and new: Architecture review
837 Washington Street From the September issue: The resurrection of the High Line and its rebirth as a park have effected a wondrous change on an area of the city that was already in the throes of...
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A peek into the Sherry Netherland’s $95M pad: VIDEO
A $95 million terraced property at the iconic Sherry Netherland co-op — formerly listed with superbroker Dolly Lenz — has more than its fair share of perks: three elevators and round-the-clock room...
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Gowanus sees manufacturing boom
Gowanus Brooklyn’s Gowanus area is experiencing a manufacturing craze, with modern wholesalers setting up shop side-by-side with artisanal craftsmen in a neighborhood formerly best known for its smelly...
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Stephen Ross’ wife to open jewelry shop at 655 Madison
Kara Ross, Stephen Ross and 655 Madison Avenue Kara Ross, a jewelry designer and wife of Related Companies’ chairman Stephen Ross, signed a 24,000-square-foot lease at 655 Madison Avenue, where she...
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City Council OKs 55-block Crown Heights rezoning
Park Place in Crown Heights, and Council Member Albert Vann The City Council signed off yesterday on a 55-block rezoning of the western section of Crown Heights. The rezoning, which Community Board 8...
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Urban Compass snags $20M in funding
Ori Allon Real estate tech startup Urban Compass said it has raised $20 million since launching in May. Its first round of fundraising brings the total in its coffers to $28 million, including initial...
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New NYCHA board unlikely to last past Bloomberg’s term
From left: Diahann Billings-Burford, Kyle Kimball and John Rhea The New York City Housing Authority’s new board was in place as of Wednesday, but it is unlikely the seven-person crew will be around for...
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U.S. mortgage rates hit two-month low
Federal Reserve Chairman Ben Bernanke Interest rates for 30-year mortgage loans in the U.S. fell on the news that the Federal Reserve won’t begin tapering its stimulus program. A 30-year fixed mortgage...
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South Williamsburg getting 13-story mixed-use building
ODA’s Eran Chen and 196 South 1st Street A 13-story mixed-use building on the site of a onetime coffee warehouse is heading to South Williamsburg. Developer Jeff Gershon envisions 46 units over 30,478...
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Board votes down Coney Island amphitheater plans
From left: Marty Markowitz and 3052-3078 West 21st Street Coney Island’s Community Board 13 voted down plans to transform the Childs Building on the boardwalk into an amphitheater, and the clock is...
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Fredrik Eklund snaps up 10 Madison Square pad
Fredrik Eklund and renderings of 10 Madison Square West High-kicking “Million Dollar Listing New York” star Fredrik Eklund has snapped up a large two-bedroom apartment at the new condominium conversion...
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Silicon Alley rents up 44 percent over past two years
Midtown South Office rents along Silicon Alley, Midtown South’s booming tech hub, have increased by 44 percent in the past two years. The trend reflects double-digit growth in tech submarkets across...
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NYC adds 124K construction jobs in August
New York City added 123,800 construction jobs in August, ranking in the middle of the pack among jobs added in metropolitan areas, at No. 121 in the Associated General Contractors on America’s monthly...
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