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Timbaland sells Miami Beach condo for $4.8M
From left: Timbaland and 400 Alton Road From the South Florida Site: Songwriter, rapper and music magnate Timbaland, a producer for artists such as Justin Timberlake and Nelly Furtado, has sold his...
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US Army Corps, Customs to take 1 World Trade Center space
From left: U.S. Army soldiers, 1 World Trade Center and Vogue’s Anna Wintour The stiletto-clad fashionistas and bespectacled literary types of Conde Nast — publisher of Vogue and the New Yorker...
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Half-empty 246 Fifth Avenue fetches $19M in online auction
246 Fifth Avenue New York-based HH Realty Equities purchased 246 Fifth Avenue last week in an Internet auction, paying within $1 million of the half-empty building’s value before the real estate market...
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Half of New Yorkers on brink of missing homeowner tax break
New York City homeowners this year are largely failing to claim a tax break that has existed for 15 years, thanks to a new rule that requires them to register with the state in order to receive the...
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Rising rents in Sunnyside seen as nearing plateau
From left: 47-60 39th Place, a $2,000/month one-bedroom and 46-15 47th Avenue, a $1,950 two-bedroom Sunnyside rental prices are scaling new heights, but there are signs of a slow down on the horizon....
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National market report
Detroit From the December issue: In this month’s roundup of real estate news from across the country, TRD takes a look at Detroit, which despite its bankruptcy filing, is seeing a rebound in its...
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SL Green sells stake in 747 Madison Avenue retail
From left: 747 Madison Avenue, 420 Lexington Avenue and SL Green’s Steven Durels Landlord SL Green Realty sold its 33.3 percent stake in the retail co-op at the 17-story Colony House building at 747...
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Blankfein early Faena Miami Beach buyer: report
From left: Faena Miami Beach rendering and Lloyd Blankfein From the South Florida site: Goldman Sachs Group CEO Lloyd Blankfein and Apollo Global Management co-founder Leon Black are believed to be...
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Washington Square Park hot dog vendors get another chance to stay, a look at...
84-A Bayview Drive on the Jersey Shore 1. City Department of Parks and Recreation ponders fate of Washington Square Park hot dog vendors [NYP] 2. Workshop/APD rework stacked 1970s lofts into Printing...
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General Growth asks $6M for planned J.C. Penney space
From left: 200 Lafayette Street and GGP’s Sandeep Mathrani Retail landlord General Growth Properties listed approximately 30,000 square feet of retail space at 200 Lafayette Street in Soho with an...
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Forest City Ratner misled foreign investors: Watchdog
From left: Rendering of Atlantic Yards (Credit: SHoP) and a U.S. visa Cause of Action, a watchdog group, has accused Forest City Ratner of misrepresenting the risk to foreign investors of backing its...
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40 Broad partnership sells office condos, doubling profits
From left: Joseph Stettinius and 40 Broad Street A partnership between Declaration Management and brokerage Cassidy Turley has sold a pair of office condominiums at 40 Broad Street for more than twice...
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TRD’s updates from ICSC New York: live blog
From left: Steven Baker and Jeff Winick Watch this space for live updates from the International Council of Shopping Centers New York National Conference. 18.39Bronx boosterism was the overriding theme...
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Atlantic Yards valued less than Forest City projected
Atlantic Yards rendering and David LaRue The $500 million that Forest City Ratner invested in their Atlantic Yards megaproject in Brooklyn may be worth less than half that amount, according to a filing...
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Major League Soccer team to build $400M Bronx stadium
Manchester’s Ferran Soriano and aerial shot of Yankee Stadium and its parking lots A new Major League Soccer team called the New York City Football Club is close to signing a deal with GAL...
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De Blasio making “temporary” move to Gracie Mansion
Gracie Mansion at East End Avenue and 88th Street Despite earlier concerns about his son’s high school commute, Mayor-elect Bill de Blasio has committed to moving into Hizzoner’s official residence,...
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Most US homebuyers believe super-low mortgage rates normal
Redfin data on Americans’ perceptions of home loan rates A staggering 83 percent of American homebuyers consider a “normal” rate for a 30-year fixed-rate mortgage loan to be under 5 percent, new data...
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Chloe Sevigny buys Park Slope co-op for $2M
9 Prospect Park West and Chloe Sevigny Actress Chloe Sevigny — known for “Boys Don’t Cry,” “American Psycho” and other envelope-pushing fare — picked up a three-bedroom co-op at 9 Prospect Park West in...
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Sutton, Givenchy revealed as 747 Madison buyer and tenant
From left: 747 Madison Avenue, Audrey Hepburn in Givenchy’s famous LBD in “Breakfast at Tiffany’s” Jeff Sutton has been unmasked as the buyer of the remaining 33.3 percent stake in the retail co-op at...
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City Council greenlights Greenpoint Landing
From left: Renderings of the Domino Sugar and Greenpoint Landing developments Bloomberg-era development projects are moving right along, with Two Trees Management’s Domino Sugar proposal getting the...
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