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City Planning’s Amanda Burden to join Bloomberg consultancy
Amanda Burden and the High Line Outgoing City Planning Commissioner Amanda Burden singled out the High Line on Manhattan’s Far West Side as the highlight of her 12-year stint with the Bloomberg...
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Meet the landlord: Elie Hirschfeld
Elie Hirschfeld From the December issue: In this month’s Meet the landlord feature, The Real Deal spoke with Elie Hirschfeld, president of Hirschfeld Properties, who told us about how he got into real...
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Shattered records of 2013
From left: The pool at River House (435 East 52nd Street), rendering of 606 West 57th and 12 East 69th Street New York managed to shatter several real estate records in 2013, a banner year for...
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Sandy displaced thousands from illegal dwellings
Advocates are pushing for the legalization of basement apartments Thousands of the city’s poor were dislodged by Hurricane Sandy from improvised living spaces and basement apartments that housing...
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Priciest, cheapest listings to hit the Manhattan market this week
From left: 120 East 87th Street and 25 Tudor City Place Leighton Candler and Debra LaChance of the Corcoran Group had the priciest listing to hit the Manhattan market this week with a $15 million...
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Architecture billings slow amid waning design demands
The Architecture Billings Index, an economic indicator of construction activity, was stopped in its tracks in November following a six-month period of accelerating demand for design services. The...
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Home staging has little impact on sale price: study
Michael Seiler and a home rendering in study Home staging may affect prospective homebuyers’ initial perception of a house, but it won’t persuade them to pay more, according to a new study from three...
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Smaller lenders gaining clout in mortgage market
Smaller lenders are rapidly gaining market share Smaller lenders touting more personalized customer service experience and local know-how have swooped in over the last few years to grab market share...
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New Generation Lighting site on Bowery asks $10.2M
144 Bowery UPDATED, 3:31 p.m., Dec. 27: A three-story commercial building in Little Italy that houses New Generation Lighting hit the market for $10.2 million. Ryan Winchester and Yagnesh Vangala of...
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Landmarks “troubled” by Empire Stores design
A rendering of the Empire Stores at Brooklyn Bridge Park Designs for Midtown Equities’ Empire Stores project in Dumbo aren’t sitting well with the Landmarks Preservation Commission, which sided with...
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Inwood’s growing bar scene irks sleep-deprived residents
A rendering of Inwood’s La Marina (credit: DNAinfo) The noisy patrons of Inwood’s burgeoning bar crawl are bringing on complaints in droves from locals who can’t seem to get any sleep. Inwood residents...
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Atlantic Yards construction stalls again on apartment tower
Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner Two weeks after Forest City Ratner kicked off construction of the first residential tower at Atlantic Yards, work has stalled yet again. Known...
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Flatiron Hotel owners move to block $31M DelShah deal
From left: Michael Shah (credit: Ken Schneiderman), Flatiron Hotel at 1141 Broadway and Robert “Toshi” Chan The owners of the Flatiron Hotel are seeking to dismiss a lawsuit from a DelShah Capital...
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Chinese Christian nonprofit asks $15M for 48 Allen Street
Michael DeCheser and 48 Allen Street Lower East Side-based nonprofit community center Chinese Christian Herald Crusades is looking to sell its building at 48 Allen Street for $15 million. The...
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New York City hotel market slated for rosy 2014
From left: Simon Fuller and the Standard High Line at 848 Washington Street Some investors are looking to kick off the New Year with a New York City hotel in their pockets, indicating a possible uptick...
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Kew Gardens hotel project continues to rankle neighbors
123-32 82nd Avenue Kew Gardens residents are distraught over the construction of a 20-story hotel tower, citing concerns about traffic, parking and noise. The Queens Savoy Hotel and Residences, a...
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Qualified mortgage rules give niche borrowers a leg up
Mortgage lending rules slated to take effect on Jan. 10 were designed to protect borrowers and investors from the risks of bad home loans, but they could actually make it harder for first-time buyers...
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2013 was great for NYC condos — but can it last?
From left: 10 Madison Square West and 101 Leonard St While this year has been hailed as having a near-perfect confluence of factors driving New York City residential real estate, some industry leaders...
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Fannie Mae, Freddie Mac extend “first look” program for homebuyers competing...
An important resource for first-time and other homebuyers who find themselves in unfair competition with deep-pocket investors bearing cash just got better: The two biggest players in the mortgage...
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Starchitects, interior designers collaborate on luxury condos
From left: Interior of 71 Laight Street, 520 West 28th Street and the interior of 135 East 79th Street The practice of tapping a “starchitect” and a well-known interior designer to craft luxury...
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