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Oceanfront home on Sagg Main sells for $10.5M

A home on Sagg Main Beach that sold for $10.25M  An oceanfront property with almost one acre of land in Sagaponack has sold for $10.25 million.  The 2,772-square-foot property, located at end of the...

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Wells Fargo is preparing for a Manhattan push

A Well’s Fargo ATM in Manhattan  The lending and banking giant Wells Fargo is looking to make a new New York City push and is experimenting with new smaller retail branches designed for the city’s...

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Top stories

Top stories yesterday on The Real Deal: 1. By the numbers: Counting Chinese cash 2. City’s nine richest developers  3. Soho usurps Tribeca as city’s priciest nabe 

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WTC fence to come down after 13 years

The fence at the World Trade Center site A fence that has cordoned off the World Trade Center site from the rest of Downtown for the past 13 years is set to come down – at least partially – in 2014....

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Greenfield selection for Land Use good news for developers

David Greenfield Brooklyn Council member David Greenfield’s selection as chairman of the influential Land Use Committee is likely to comfort developers alarmed by the election of staunch liberal...

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Only 12 contracts signed over $4M last week in Manhattan, what $500,000 can...

The Frank Lloyd Wright-designed Bachman Wilson House in Somerset County, N.J. 1. Only 12 contracts signed at $4 million and above last week [Olshan Realty] 2. What $500,000 can buy you in NYC [Daily...

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Why Steven Witkoff learned to use a gun early on in the biz

Steve Witkoff Developer Steven Witkoff said when he started out back in the 1980s, he learned to use a gun — which he sometimes carried in his gym bag. “They were very difficult days up there, and I...

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Gosin: NGKF can break into top three in U.S.

Barry Gosin UPDATED, 11:40 a.m., January 27: Newmark Grubb Knight Frank’s chief executive officer Barry Gosin believes that the firm can be among the country’s top three commercial brokerages. Speaking...

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Fortis’ 151 Maiden Lane tower to house 95 units

151-161 Maiden Lane and Jonathan Landau Not long after acquiring a site along Maiden Lane in Lower Manhattan, Fortis Property Group revealed its new residential tower project will be 52 stories tall...

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Housing panel chair Williams tried to boot his own tenants

Jumaane Williams Brooklyn Democrat Jumaane Williams, the newly anointed chair of the City Council Housing Committee, once tried to toss out two of his own tenants from his property in Canarsie. In...

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Outpatient medical clinics flock to the Upper East Side

Paul Wexler and 38 East 32nd Street Hospitals are increasingly opening full-service walk-in clinics in an effort to reduce inpatient costs. As a result, outpatient medical facilities are cropping up...

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Big gulp: 7-Eleven now up to 37 stores in Manhattan

A 7-Eleven on the Upper West Side Suburban convenience store 7-Eleven is pushing hard to gain acceptance in Manhattan as the company aggressively expands. New Yorkers have been less than welcoming to...

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Charles Blaichman plans 255-room Williamsburg hotel

626 Driggs Avenue and Charles Blaichman Developer Charles Blaichman of CB Developers is looking to build a five-story, 255-room hotel in Williamsburg. The nearly 71,000-square-foot site at 626 Driggs...

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5 cheapest Manhattan sales of the week

The apartment at 345 East 81st Street An Inwood co-op that sold for $216,000 was the cheapest single-family deal last week in Manhattan. The apartment was in a 50-unit building at 25 Indian Road, but...

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Seven-time Grammy winner John Mayer sells Soho pad for $4M

John Mayer and the 225 Lafayette Street pad Grammy Award-winning musician John Mayer sold his Manhattan apartment at 225 Lafayette Street for $3.91 million, according to public records filed with the...

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Bed-Stuy stable conversion awaits DOB approval

From left: Rendering of 484-484 Hancock Street and the stable buildings The Department of Buildings is weighing approval of a residential conversion of two 1800s-era stable buildings in...

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Princess Firyal’s Pierre duplex hits the market for $70M

From left: Princess Firyal of Jordan and 795 Fifth Avenue A sprawling Upper East Side home believed to belong to HRH Princess Firyal of Jordan is once again on the market — this time, with an asking...

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Elad’s 22 CPS comes with personal shoppers from Bergdorf’s

From left: 22 Central Park South and Bergdorf Goodman at 754 Fifth Avenue Elad Group is one of many developers eager to appeal to the personal needs of wealthy prospective condominium-unit buyers when...

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New York State rejiggers 80/20 program

From left: 80/20 buildings at 89 Murray Street, 1951 Park Avenue and 1501 Lexington Avenue A tweak in New York State’s implementation of its 80/20 program aims to give affordable housing developments a...

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No. 7 train extension delayed

From left: No. 7 train and a rendering of Hudson Yards An extension to the No. 7 train line across Manhattan will be delayed, pushing back the $2.4 billion project’s completion to late summer or early...

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