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De Blasio taps Durst, Gilmartin to help choose administration
From left: MaryAnne Gilmartin, Cynthia Nixon and Douglas Durst Real estate heavyweights MaryAnne Gilmartin, CEO of Forest City Ratner, and Douglas Durst, head of the Durst Organization, were among 60...
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Apartment keys go digital with app-based services
KeyMe app screenshots (iTunes) Mobile apps are going after the management of keys, door fobs and all manner of ways to enter a building, in some cases looking to make the trusty metal gadgets a thing...
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Baruch Singer sells 84-building Upper Manhattan portfolio to Rainbow Estates
Baruch Singer Rainbow Estates Group, a Brooklyn-based investment company headed by Irving Langer and Leibel Lederman, has purchased a portfolio of multi-family properties in Upper Manhattan owned by...
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This month in real estate history
From left: Alice Jones and Leonard Kip Rhinelander From the November issue: 1924: Rhinelander heir seeks annulment A scion of one of Manhattan’s wealthiest real estate families filed to annul his...
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State offers to buy Sandy-damaged homes on Staten Island
From left: Governor Andrew Cuomo and Sandy-damaged Ocean Breeze section of Staten Island New York State is going to purchase all 129 Sandy-damaged homes in Staten Island’s flood-prone Ocean Breeze...
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Blackstone aims to raise record $2.25B in Hilton IPO
From left: Steven Schwarzman, the Hilton at West 53rd Street and Hilton CEO Chris Nassetta Private equity juggernaut Blackstone Group has elevated its plans to take Hilton Worldwide Holdings public to...
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Five Greenwich Lane penthouses hit the market
155 West 11th Street Greenwich Lane, the controversial condominium conversion of the former St. Vincent’s Hospital site in the West Village, unveiled 21 listings today, including one penthouse priced...
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Gas outages at Lower East Side NYCHA property threaten Thanksgiving, event...
Aerial view of the Christian Science Society of Dixon, Illinois 1. Gas outages at LES Smith Houses threaten Thanksgiving for third straight year [DNAinfo] 2. Entertaining guru Colin Cowie unloads...
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Brown Harris Stevens nabs second floor for Park Ave flagship
Hall Willkie and 445 Park Avenue Residential brokerage Brown Harris Stevens is nearly doubling its flagship office at 445 Park Avenue, Hall Willkie, the president of the firm, told The Real Deal...
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LCOR colleagues split $1M Powerball winnings
NY Power ball Six LCOR Real Estate employees are cashing in on a winning Powerball ticket. Colleagues Kevin Guerrero, Larry Roiter, Stefano Mattelini, Guy Sicurella, Joseph Curran and William Hann, who...
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PayPal’s Peter Thiel brings venture capital firm to NYC
915 Broadway and Peter Thiel Intrigued by the burgeoning New York City tech scene, a global venture capital firm run by a co-founder of PayPal has inked a lease for its first office in the city – and...
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FiDi hums with development a year after Sandy
Manhattan’s Financial District The Financial District, a soggy post-Sandy mess just over a year ago, now hums with activity, from multi-million dollar developments to rising apartment rents....
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At the desk of: Jerry Swartz
From the November issue: Jerry Swartz, 74, founded the Manhattan real estate finance firm Pergolis Swartz in 1975, after leaving the real estate investment banking specialist Sonnenblick Goldman. Then,...
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Appeals court voids Extell’s Belnord tenant deal
Gary Barnett and 201 West 86th Street A New York State appeals court has thrown out an unorthodox lease agreement between Extell Development and dozens of tenants at the Belnord on the Upper West Side,...
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Toll Brothers’ Turtle Bay project will boast 136 units
953-961 First Avenue Toll Brothers’ Turtle Bay mixed-use project at 953-961 First Avenue will be 34 stories high and have 136 condominium units, according to Department of Buildings permits filed...
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West 57th Street’s skyscrapers are like “rare flowers,” evaluating NYC’s...
The “rare flowers” of West 57th Street 1. West 57th Street’s skyscrapers are like “rare flowers that can grow only in the Galapagos” [Capital New York] 2. How do NYC’s rental-finder websites measure...
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Ultra-wide Tribeca building up for grabs for $24M
70 Laight Street and Nick Petkoff A 42-foot-wide mixed-use Tribeca building across the street from the Sterling Mason condominiums has hit the market for $24 million, the listing broker told The Real...
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Mortgage lender Genworth to offer “energy-efficient refund”
For the growing numbers of home purchasers who care about energy efficiency, it’s the ultimate “green” goal: Lenders should recognize the net savings that energy improvements provide to property owners...
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DelShah wrests some control of Flatiron Hotel from Toshi
From left: Michael Shah, the Flatiron Hotel and Robert Chan DelShah Capital, which owns the debt on the Flatiron Hotel, has won a court order effectively forcing the property’s owners and manager,...
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