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A new wave of candidness is sweeping real estate ads

A frank real estate ad on Craigslist  Real estate listings are famous for their hyperbole, but the industry may be getting a little more honest. The trend towards more frank listing language isn’t...

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Chinese investors scoop up foreclosed Gravesend property

2300 Cropsey Avenue (credit: Brownstoner)  A group of Chinese investors has paid $18.5M for a parcel at 2300 Cropsey Avenue in Gravesend at a state foreclosure auction.  The 45,688-square-foot...

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The flâneur’s guide to NYC real estate

William Helmreich and a view of Manhattan from Brooklyn Heights  Without a doubt the best way to get an eyeful of New York City’s real estate is by hoof. Despite our nearly unlimited online resources,...

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South Williamsburg sees its first grocery store

11 Broadway in Brooklyn  South Williamsburg just got its first grocery. Those that live below Grand Street currently have to trudge to Marlow & Daughters for their pastured pork and sprouted spelt,...

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Stunning mountaintop hotels around the globe

From left: The Amangani, Wildflower Hall and Vigilius Mountain Resort Some of the world’s most breathtaking resorts are located far from sea level. Nestled in mountain ranges and perched on top of...

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Despite fierce competition, indie brokerages hold their own

Mary Kay Gallagher, the head of small real estate firm in South Prospect Park  While New York City’s real estate industry can often seem dominated by big brokerages, many small firms still find a way...

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Single-owner Butterfield House unit trades for $3M

Butterfield House  Unit 7E in the praised and distinctively modern postwar Butterfield House has sold for the first time since the building was completed in the early 1960’s at 37 West 12th Street in...

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Some UES residents bring planned hospital to court

A rendering of a planned health care complex on the Upper East Side  Upper East Side residents loathe the new 1.1 million-square-foot hospital facility coming to their posh enclave. And having...

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Seaport Group ups lease to 36,849 sf at 360 Madison

360 Madison Avenue  The global investment bank the Seaport Group has renewed and expanded its office lease at its global headquarters in Midtown. The firm added another 12,283 square feet to its...

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Foreclosure errors still common at big banks

Joseph Smith, monitor of the National Mortgage Settlement  More than half a decade into the foreclosure crisis and the big banks still haven’t cleaned up their act, according to a new administrator’s...

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Chinese mall to be covered in 42,333 steel spheres

Hanjie Wanda Square in China  The Dutch firm UNStudio has unveiled plans to plaster a Chinese shopping center with 42,333 steel spheres. The plans for the new high-end mall, dubbed Hanjie Wanda Square,...

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Tilden Park Capital takes 452 Fifth penthouse

452 Fifth Avenue  Fixed-income-focused alternative asset manager Tilden Park Capital Management is moving its headquarters from 900 Third Avenue to the 452 Fifth Avenue. The firm signed a...

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L+M succeeding with unusually diverse projects

L+M Development CEO Ron Moelis  L+M Development has been named “private developer of the year” by the New York Housing Conference, and for good reason. Not only has the developer won the contract on...

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Rentals in demand: Upper East Side, Chelsea share top spot

The Upper East Side tied with Chelsea for the most in-demand Manhattan neighborhood of the last week, according to Zumper, an apartment listings website. Other popular neighborhoods, in order, were...

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Nordstrom nears deal for SkyView mall space in Queens

From left: Shops at SkyView Center and Nordstrom Rack at 60 East 14th Street Seattle-based retailer Nordstrom is in talks for its first Queens outpost – a spot at the 800,000-square-foot Flushing mall...

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St. Anselm’s Church in Bronx seeks funding for $4.5M reno

685 Tinton Avenue in Bronx The state has approved a request to include St. Anselm’s Church in the South Bronx on its register of historic places, allowing the organization to access preservation grants...

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Related names two VPs to handle luxury leasing in Manhattan

From left: Laura Kosik and Christopher Schmidt Mega developer the Related Companies has expanded its luxury leasing team in Manhattan with the addition of two vice presidents, a spokesperson for the...

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Bed-Stuy townhouse eyes record $3M sale

288 Decatur Street A partly completed multi-family townhouse in Bedford-Stuyvesant, located at 288 Decatur Street, is poised to hop onto the market any day now with a record $3 million price tag. The...

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Vornado finds replacement for Microsoft on Sixth Avenue

From left: Bruce Mosler and 1290 Sixth Avenue Publisher Hachette Book Group has inked a deal for 137,000 square feet at Vornado Realty Trust’s 1290 Sixth Avenue, filling more than half of a block to be...

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South Bronx organizers warn of encroaching gentrification

The Hub: The retail, theater and restaurant heart of the South Bronx The South Bronx may not yet be an increasingly pricey hipster haven like the Lower East Side, Williamsburg or Bushwick, but local...

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