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...
View ArticleChinese 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...
View ArticleThe 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,...
View ArticleSouth 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,...
View ArticleStunning 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...
View ArticleDespite 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...
View ArticleSingle-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...
View ArticleSome 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...
View ArticleSeaport 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...
View ArticleForeclosure 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...
View ArticleChinese 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,...
View ArticleTilden 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...
View ArticleL+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...
View ArticleRentals 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...
View ArticleNordstrom 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...
View ArticleSt. 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...
View ArticleRelated 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...
View ArticleBed-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...
View ArticleVornado 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...
View ArticleSouth 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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