Eataly signing at Miami’s Brickell CityCentre: report
Miami’s Brickell CityCentre rendering, and Eataly at 200 Fifth Avenue From the South Florida site: Mario Batali’s Italian-themed food market Eataly is one of the first stores to sign for retail space...
View ArticleWhole Foods arrival bolsters rising rents in Gowanus
From left: 284 Third Avenue, Third Avenue and Third Street and 498 President Street The industrial neighborhood lining the notoriously noxious Gowanus Canal is well on its way to becoming the next...
View ArticleDonald Trump eyes New York gubernatorial bid
From left: Donald Trump and the New York State Capitol in Albany Having turned away from a presidential bid in 2012, the Donald is now floating the idea of taking up Democratic Governor Andrew Cuomo’s...
View ArticleLES apartment building owner tries for quick profit
281 Grand St. Keller Williams NYC is marketing a five-story building on the bustling Lower East Side for $13 million. The 281 Grand Street property, purchased by Flushing-based LLC Jacob Re earlier...
View ArticleTF Cornerstone bags massive Hunter’s Point South build
Rendering of Hunter’s Point South The city has chosen TF Cornerstone and nonprofit Selfhelp Community Services to develop Hunter’s Point South’s second phase. This stage of the project lining the Long...
View ArticleForest City Ratner to start stacking B2 apartments next week
Forest City Ratner’s pre-fabricated units for B2 (Credit: Brownstoner) After a six-month delay, Forest City Ratner will begin stacking its fully-constructed modular units to form the 32-story Atlantic...
View ArticleGovernment briefs: Crown Heights armory proposals, Bernanke’s bond-buying...
Bedford-Union Armory From the December issue: In this month’s roundup of government-related real estate news, TRD zooms over to the Bedford-Union Armory in Crown Heights, which the city Economic...
View ArticleNYC’s 10 biggest new developments OK’d in November
A rendering of City Point in Downtown Brooklyn A megaproject in Downtown Brooklyn — Acadia Realty Trust’s City Point – led the pack of the city’s 10 largest new developments approved in November. But...
View ArticleKey tool for reigning in negligent landlords loses its punch
An enforcement tool known as the 7A program, named for an article of the New York State Real Property Actions and Proceedings law that authorizes the city to take control of a run-down building and...
View ArticleNew York and L.A. most desirable cities for Chinese homebuyers, Related lifts...
From left: Models of 50 and 55 Hudson Yards 1. New York, L.A. most desirable cities for Chinese homebuyers [CNN Money] 2. Related unveils 50, 55 Hudson Yards renderings [NY Yimby] 3. Construction kicks...
View ArticleConey Island amphitheater plan sails through city approval
From left: Marty Markowitz and 3052-3078 West 21st Street The transformation of the former Childs Restaurant in Coney Island into an amphitheater, a pet project of outgoing Beep Marty Markowitz, has...
View ArticleSam Chang to snag Midtown West lot for $30M-plus
Sam Chang Veteran hotel developer Sam Chang is in contract to purchase a 10,000-square-foot Midtown West parking lot for north of $30 million, The Real Deal has learned. The lot, which has 75,000...
View ArticleFlatiron home of Chinese artist goes for $12M
From left: Wen-Ying Tsai, 7 East 19th St and Tsai’s “Multikinetic” The Flatiron District home of Chinese-born artist and dissident Wen-Ying Tsai has sold for $12 million. The late Tsai, who passed away...
View ArticleAussie developer raising $500M for Park Avenue Tower buy
65 East 55th Street Australian development titan Grocon is on the prowl for $500 million to finance its acquisition of a 95 percent majority stake at the Park Avenue Tower in Midtown East. San...
View ArticleArt Institute moves to Kaufman’s 218 West 40th Street
From left: The Art Institute’s Jennifer Ramey and 218 West 40th Street The Art Institute of New York City is bidding adieu to Soho and moving to Midtown digs, The Real Deal has learned. The institution...
View ArticleTyco fraudster’s ex-wife aims for $14.3M Touraine flip
132 East 65th Street The ex-wife of disgraced Tyco International CEO Dennis Kozlowski nabbed a penthouse at the Touraine in September for $9.77 million. Less than three months later, she’s trying to...
View ArticlePriciest, cheapest listings to hit the Manhattan market this week
From left: 132 East 65th Street and 8 West 119th Street Joshua Arcus and Peggy Dahan of the Siderow Organization had the priciest listing to hit the Manhattan market this week with a $14.25 million...
View ArticleJanus scrambles to find tenants for $135M Harlem redev
Rendering for 426-458 West 126th Street in Harlem Janus Property Company has struggled to secure any tenants for its $135 million redevelopment of the former Taystee Bakery in Harlem. The conversion at...
View ArticleLightstone slims down Fulton Street project after losing 421a
From left: Old and new plans for 112-118 Fulton Street, and Lightstone Group’s Mitchell Hochberg After the state denied its bid for a 421a tax abatement, Lightstone Group has opted for a leaner look...
View ArticleHarlem developers blocked from condo sales, ordered to deposit $3.2M
161 East 110th Street and Eric Schneiderman Two developers and a lawyer involved with the 68-unit Mirada condominiums in Harlem have been temporarily banned from developing apartments in the state and...
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