Condo sales in Bed-Stuy up 1,000 percent from ten years ago
From left: Condominiums at 440 Kent Avenue in Williamsburg, 360 Furman Street in Brooklyn Heights and 1 Main Street in Dumbo The Brooklyn residential market has exploded over the last decade, with...
View ArticleYankee Stadium parking owner would get $200M under bailout
Yankee Stadium The financially-imperiled Yankee Stadium garage company may receive a new taxpayer subsidy of over $200 million if a financial bailout plan designed during the Bloomberg administration...
View ArticleLower East Side shave shop to open Barclays Center spot
From left: Fellow Barber’s 5 Horatio Street location and the main concourse of the Barclays Center Fellow Barber, a Lower East Side barber shop with outposts in Williamsburg and Lower Manhattan, has...
View ArticleMadison Capital buys bankrupt Loehmann’s leases
2101 Broadway (Photo credit: Google) The Midtown-based investment company Madison Capital purchased scores of unexpired leases formerly held by the bankrupt department store Loehmann’s, including a...
View ArticleBurgeoning Bitcoin use in real estate spurs legal questions
Bitcoin Bond New York is not only accepting Bitcoin as payment for real state transactions, it may soon pay its agents with the burgeoning online currency. But as Bitcoin is increasingly used in lieu...
View ArticleWeLive: Adam Neumann buys Greenwich Village townhouse
Images of 41 West 11th Street and Adam Neumann Adam Neumann, the founder of collaborative workspace provider WeWork, has a new transaction to add to his repertoire, but this time it’s not for office...
View ArticleAby Rosen forges ahead with 610 Lexington Ave hotel, condo
Aby Rosen and 610 Lexington Avenue (Credit: SLCE) RFR Realty’s planned hotel and condominium tower at 610 Lexington Avenue appears to be hanging onto design plans from SLCE Architects, despite the...
View ArticleMark-Viverito’s style wins supporters, rankles adversaries
Melissa Mark-Viverito East Harlem City Council member Melissa Mark-Viverito’s handling of a 2007 rezoning bid is, for her constituents, representative of both the likely council speaker’s persistence...
View ArticleExtell appeals ruling on oddball Belnord contract
From left: Gary Barnett, the Belnord at 201 West 86th Street Extell Development has asked an appeals court to reargue a decision in favor of a tenant at the Belnord, a rent-stabilized building on the...
View ArticleNational market report: Washington Post unloads headquarters; Starwood picks...
The Washington Post’s headquarters From the January issue: In this month’s roundup of real estate news from across the nation, TRD first heads to Washington, D.C., where the Washington Post’s longtime...
View Article15 Central Park West condo owner seeks $11M profit
15 Central Park West and unit 27C Bunker Hill Properties is selling a three-bedroom condominium at the Zeckendorfs-developed 15 Central Park West for $25 million, an asking price that would yield an...
View ArticlePlan proposes protecting Manhattan with garbage-filled shipping containers,...
Jolly Rancher on 5Pointz 1. Plan proposes protecting Manhattan with garbage-filled shipping containers [Curbed] 2. Jolly Rancher tweets “5 Pointz untamed” for some reason, then takes it back...
View ArticleTRD‘s staff picks for the 10 biggest stories of 2013
Mayor Bill de Blasio (center) and his family New York City real estate can sometimes feel like a blood sport, with a host of rivals vying to get the upper hand. Luckily, here at The Real Deal, we have...
View ArticleSouth African insurance mogul Adrian Gore buys 737 Park condo for $11M
Adrian Gore and 737 Park Avenue South African multimillionaire Adrian Gore, founder of global health insurance provider Discovery Limited, picked up a new condominium at Macklowe Properties’ 737 Park...
View ArticleMenachem Stark’s tenants, brokers paint conflicting pictures of slain developer
Menachem Stark (right) with his wife and son The family and tenants of slain Williamsburg developer Menachem Stark hosted a press conference today demanding justice for his brutal murder and pledged a...
View ArticleMidtown office fire erupts from transformer in 23-story tower
140 East 51st Street A fire broke out in a Midtown office building Monday, causing several top floors to be evacuated. Firefighters responded to a call from 140 East 51st Street at 2:11 p.m., officials...
View ArticleTech firms double Lower Manhattan office space
From left: 195 Broadway, 1 World Trade Center New York City’s technology firms are moving to Lower Manhattan in favor of cheaper rents and other perks, according to data from brokerage Jones Lang...
View ArticleHome prices rise for 21st straight month: CoreLogic
CoreLogic house prices (Credit: Capital Economics via Business Insider) Home prices, including distressed sale, climbed 11.8% year-over-year in November 2013, marking the 21st straight month of...
View ArticleKent Swig’s 740 Park Avenue pad listed for $32.5M
From left: Kent Swig and 740 Park Avenue UPDATED, 12:53 p.m., January 7: Developer Kent Swig’s ex-wife Elizabeth has listed the co-op the couple once shared at the ultra-exclusive 740 Park Avenue for...
View ArticleMurdered developer Stark’s partner now a possible suspect in slaying
Menachem Stark The investigation into the grisly murder of Williamsburg developer Menachem Stark has taken a dramatic turn, with his business partner Israel Perlmutter reportedly now considered a...
View Article