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SUNY officials drop Fortis’ hospital-to-condos plan
339 Hicks Street and Fortis’ Joel Kestenbaum UPDATE, 12:20 p.m., Dec. 18: Fortis Property Group’s plan to build condominiums and an urgent care facility at the site of the Long Island College Hospital...
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Proton Center may take large chunk of East Harlem complex
A rendering of the East Harlem Media, Entertainment & Cultural Center The Proton Center, a research facility that develops proton therapies for cancer patients, is in talks to take about 120,000...
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Rentals in demand: FiDi breaks into top five
The Upper East Side was again the most in-demand Manhattan neighborhood of the last week, according to Zumper, an apartment listings website. Other popular neighborhoods, in order, were the West...
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Domino Sugar plan must be revised: Landmarks board
Domino Sugar Refinery project rendering The Landmarks Preservation Commission criticized the height and glass roof additions proposed for Two Trees Management’s $1.5 billion Domino Sugar Refinery...
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The gentrification of Williamsburg in three maps
Hipsters on Bedford Avenue, Williamsburg Williamsburg, Brooklyn is pretty much synonymous with “gentrification,” and these U.S. Census maps showing median household income from the past two decades...
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Tumblr grows to 50K square feet at 35 East 21st Street
35 East 21st Street, Tumblr’s David Karp and NGKF’s Daniel Levine Blogging platform Tumblr is expanding its territory inside Centaur Properties’ 35 East 21st Street in Midtown South. The company moved...
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Prospect Park unveils $74M Lakeside year-round ice skating complex, 737 Park...
Rendering of 564 St. Johns Place in Crown Heights 1. Prospect Park unveils $74 million Lakeside skating complex [DNAinfo] 2. 737 Park Avenue unit goes into contract for $25 million — a niche condo...
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New design plan unveiled for 250 East 57th Street tower
From left: 250 East 57th Street’s old design and diagrams of the new plan Developer World-Wide Group’s new tower planned for 250 East 57th Street has foregone sharply-angled setbacks for a boxier...
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Waterbridge proposes East Harlem mixed-use complex
Lenny Sporn, and 125th Street between Madison and Park In a bid to jumpstart activity in a long-neglected section of East Harlem, the Joel Schreiber-led Waterbridge Capital has plans to build a...
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Harlem gas station to become mixed-use development
2040 Frederick Douglass Boulevard A former BP gas station in Harlem has been plucked by the New York City Economic Development Corporation for development as a mixed-use project with more than 50...
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Top stories
Top stories yesterday on The Real Deal: 1. Two more executives depart StreetEasy 2. Behind Newark’s biggest boom in decades 3. The gentrification of Williamsburg in three maps
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One Chase Manhattan buyer eyeing more NYC acquisitions
Guo Guangchang and One Chase Manhattan Plaza Fosun Group, the Shanghai-based company behind the $725 million acquisition of One Chase Manhattan Plaza is setting its sights on more prime New York real...
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Flushing theater building trades for $30M
RKO Keith theater at 135-35 Northern Boulevard in Flushing The long-vacant RKO Keith’s theater building in Queens’ Flushing neighborhood has traded hands for $30 million. The buyer, New York-based...
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Norway’s sovereign fund forms real estate JV with MetLife, US housing starts...
Sanctuary Hotel at 132 West 47th Street 1. Norway’s sovereign wealth fund forms real estate joint venture with MetLife [NYO] 2. U.S. housing starts jump to five-year high [Bloomberg News] 3. Landmarks...
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US home prices see biggest jump since ’05: Zillow
U.S. home prices jumped $1.9 trillion in total value in 2013 — the biggest increase seen since 2005 – signifying a robust recovery since the recession, according to new data from Zillow. The nation’s...
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Residential real estate need not fear de Blasio: Pam Liebman
Pamela Liebman Though 2013 may have been a mixed year for Corporate America, it sure was a bumper year for the New York City’s residential real estate market. And while commercial real estate execs...
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The skinny on SHoP’s new skinny tower: Architecture review
From left: PMG’s Kevin Maloney, JDS’s Michael Stern and a rendering of the 57th Street tower From the December issue: In the course of reviewing architecture in New York City and elsewhere, I find that...
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Savanna to move office to Midwood’s 430 Park Avenue
430 Park Avenue Midwood Investment & Management and Oestreicher Properties signed private equity real estate firm Savanna to the 12th floor of office tower 430 Park Avenue, according to a...
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Barneys New York to open Downtown flagship in Chelsea
The Barneys store on 17th Street, circa 1982 (Credit: Woman’s Wear Daily) Department store Barneys New York is returning to its original Chelsea digs with a new Downtown flagship store. The...
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Landmarks signs off on Adjmi-designed NoMad hotel
1162 Broadway rendering and Morris Adjmi The Landmarks Preservation Commission approved architect Morris Adjmi’s designs for a 14-story hotel at 1162 Broadway near 27th Street in NoMad. The property...
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