Sealing deals with Instagram
Instagram postings at the listing on the right. From left: LuxuryLoft team members Herve Senequier, Alexander Bank, Leonard Steinberg and Amy Mendizabal From the February issue: Framed photos of a...
View ArticleJeweler from China enters U.S. market via Fifth Avenue
Clockwise from left: Fifth Avenue, Joseph Isa and jewelry made by Lao Feng Xiang A Chinese jewelry conglomerate has inked a lease for its first North American outlet, fittingly along North America’s...
View ArticleJPMorgan admits to submitting phony mortgage claims
Jamie Dimon JPMorgan Chase agreed to pay $614 million in fines after confessing to wrongfully filing Federal Housing Administration and Department of Veterans Affairs mortgages, the bank announced...
View ArticleAlex Rovt has another $200 million to spend on NYC real estate, inside the...
Atlantic Avenue Tunnel 1. Fertilizer billionaire Alex Rovt wants to drop another $200M on NYC property [Real Estate Weekly] 2. Inside the world’s oldest subway – the Atlantic Avenue Tunnel — sealed by...
View ArticleJanet Jackson lists Trump International pad for $35K a month
Janet Jackson and the 1 Central Park West apartment Music industry legend Janet Jackson is seeking a tenant for her three-bedroom, 3.5-bathroom pad at Trump International. The singer listed the 1...
View ArticleSaparn VP indicted in Mitchell-Lama scam
Harway Terrace (inset: Gorelick) Saparn Realty vice president Alan Gorelick was indicted Wednesday for stealing nearly $611,000 from Harway Terrace, a Mitchell-Lama housing complex in Brooklyn, in...
View ArticleMacklowe signs Interpublic Group subsidiary at 386 Park
From left: Billy Macklowe, 386 Park Avenue South Billy Macklowe’s 386 Park Avenue South signed an advertising and marketing communications agency to a full floor at the Midtown South office tower that...
View ArticleBoutique Broome Street hotel to open on Valentine’s Day
431 Broome Street exterior and interior courtyard The Broome, a new 14-room boutique hotel by Jean Claude lacovelli, Stephane lacovelli and Vincent Biotier is slated to open in a newly-refurbished...
View ArticleCantor Fitzgerald’s commercial arm plans IPO
CCRE’s Anthony Orso Cantor Commercial Real Estate, a Midtown Manhattan-based affiliate of global financial services firm Cantor Fitzgerald L.P., has recruited Deutsche Bank to aid in preparing an...
View ArticleBush-Lauren couple plunks down $28.5M for West Village pad
From left: Lauren Bush Lauren, interior, Annie Leibowitz, exterior The niece of President George W. Bush and the son of luxury clothing designer Ralph Lauren bought celebrated photographer Annie...
View ArticleThe hot property sector in 2014? Sam Zell weighs in: VIDEO
Equity Group Investments Chairman and billionaire Sam Zell anticipates little dramatic change in 2014′s residential housing market, is eager to tap into the market he says appeals to Generation Xers —...
View ArticleBlackstone to give first home loan in Miami
Stephen Schwarzman From the South Florida site: Stephen Schwarzman’s Blackstone Group is set to write its first residential mortgage in Miami this week through a new unit called B2R Finance. Already...
View ArticleTwo Harbors REIT sees jump in Q4 earnings up to $76M
Tom Siering Two Harbors Investment Corp. racked up $76 million in earnings in the fourth quarter of 2013. The real estate investment trust, which has its headquarters in 590 Madison Avenue, reported...
View ArticleLiberty View Industrial Plaza kicks off leasing
Rendering of 850 3rd Avenue Sunset Park, Brooklyn’s Liberty View Industrial Plaza, on the cusp of finishing a $100 million renovation, is on the hunt for industrial and tech tenants to fill 1.3 million...
View ArticleCity Council takes another whack at tenant relocation fees
Jumaane Williams and Margaret Chin City Council member Margaret Chin has re-introduced a bill Tuesday that would force landlords to pay a tenant’s relocation costs if a building has been shuttered for...
View ArticleExtell changes tack, lists One57 units on StreetEasy
Gary Barnett’s One57 Sponsor units at Extell Development’s trophy residential tower One57 have finally been listed on StreetEasy. Four units were listed for sale by the developer on Tuesday, asking...
View ArticleSwig’s 110 William Street lands Microsoft recruiter
Jonathan Dean and 110 William Street Developer Kent Swig has signed Microsoft recruitment agency Nigel Frank International at 110 William Street in the Financial District. The England-based Nigel...
View ArticleParc Hotel in Queens to open next month
39-16 College Point Boulevard in Queens and RHG’s Ben Seidel Maryland-based Real Hospitality Group is wrapping up construction on the 96-room Parc Hotel in Flushing, Queens. The 13-story hotel at...
View ArticleCo-op City employees allegedly owed $5M in back pay
Co-op City Co-op City workers have filed a class action lawsuit against the housing complex, alleging they are owed around $5 million in back pay. The plaintiffs, who number around 1,000, claim the...
View ArticlePetco arrival seen as big win for Jackson Heights market
A 13,500-square-foot former catering hall near LaGuardia Airport has landed pup-friendly tenant Petco. And it could attract even more nationally-known tenants to the area. The retailer inked a 10-year...
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