Clik here to view.
Retail rents stay hot in prime areas, though down overall in Manhattan
Average asking rents are continuing to climb in some major Manhattan retail corridors due to high demand and a limited availability of space, according to the Real Estate Board of New York’s fall...
View ArticleClik here to view.
Ivanhoe Cambridge nabs Blackstone’s interest in 1411 Broadway for over $360M
Ivanhoe Cambridge, a Montreal-based property management and development company, today announced its acquisition of a 49.9 percent ownership interest in 1411 Broadway for over $360 million, according...
View ArticleClik here to view.
The deal of the art: Firms increasingly “curate” what’s on their walls
From the November issue: It’s not just the Saatchi & Saatchis and Goldman Sachs’ of the world that hang five- and six-figure art on their walls these days. New York’s residential firms are starting...
View ArticleClik here to view.
Builder confidence reaches highest point since May 2006: VIDEO
A home under construction Builder confidence for newly built, single-family homes posted its seventh consecutive monthly gain in November, according to the National Association of Home Builders and...
View ArticleClik here to view.
Sagaponack Road manse trades for $18 million, NYC gets a new subway — far...
Interior of 555 Sagaponack Road (credit: Curbed) After mega price cut, Sagaponack Road manse trades for $18 million. Welcome, H. Storm-battered Rockaways gets its own subway line. The lesson of the...
View ArticleClik here to view.
Stuy Town tenants fired up over ice rink
Residents of Stuyvesant Town-Peter Cooper Village are fuming again over what was supposed to be a welcome amenity. According to the New York Observer, tenants are up in arms over the return of the...
View ArticleClik here to view.
Budget Travel magazine, evicted from former Newsweek space, faces $2.3M suit...
The Washington Post Company and the parent company of Arthur Frommer’s Budget Travel magazine are facing a $2.3 million lawsuit from Manhattan-based landlord G&S Realty after the magazine was...
View ArticleClik here to view.
Santander sells Midtown office building for $120M
A Midtown office building owned by the Spanish banking giant Santander has traded hands for $120 million, according to public records filed with the city today. Santander began shopping the...
View ArticleClik here to view.
Town to open Soho, Gramercy locations
Town Residential will open their seventh and eighth Manhattan offices in Soho and Gramercy Park early next year, the brokerage announced today. Town has remained tight lipped regarding the exact...
View ArticleClik here to view.
JLL’s Ron Cohen honored at Rabin Medical Center gala: PHOTOS
From left: Bruce Mosler of Cushman & Wakefield, Ron Cohen, Stephen Siegel and Joseph Moinian (credit: Marc Becker) Ron Cohen, vice chairman of Capital Markets New York at Jones Lang LaSalle, was...
View ArticleClik here to view.
MNS to open ‘Edge’-y new office
From the November issue: Residential brokerage MNS is livin’ on the Edge. The company will soon open an office at Douglaston Development’s the Edge, the 500-unit new-construction condo in Williamsburg,...
View ArticleClik here to view.
At Rushmore, imposter gains access to escrow accounts information
After years of waging a legal fight over $16 million in escrow funds, buyers at the Rushmore condominium on Riverside Boulevard learned that an imposter pretending to work for Extell Development gained...
View ArticleClik here to view.
Martha Stewart Living sublets half its space at Starrett-Lehigh
Nearly 35,000 square feet of space currently occupied by troubled media company Martha Stewart Living Omnimedia has hit the sublet market, industry sources said. The hefty chunk of space at Chelsea’s...
View ArticleClik here to view.
Is Brooklyn’s priciest mansion worth $25M?, ten buildings at risk under...
[caption id="attachment_215045" align="aligncenter" width="575"] Tracy Mansion (source: Halstead)[/caption] Debating whether Brooklyn’smost expensive listed mansion is worth $25 million. The proposed...
View ArticleClik here to view.
AG sues Credit Suisse over RMBS practices
Credit Suisse is the latest financial institution targeted in the government investigation into alleged wrongdoing in the sale of residential mortgage-backed securities. New York Attorney General Eric...
View ArticleClik here to view.
Skyline’s 200 East 79th Street now 50 percent sold
The 39-unit Upper East Side condominium 200 East 79th Street is now more than 50 percent sold, according to the Wilf family’s Skyline Developers. Apartments at the property, marketed by Stribling &...
View ArticleClik here to view.
Stone Street closes on $33.5M Nolita portfolio
Hot on the heels of a recent $73 million acquisition, real estate investment firm Stone Street Properties has closed on another five-building portfolio for $33.5 million, the company’s founders Robert...
View ArticleClik here to view.
Related exec Himmel sells Time Warner Center apartment for $13.8 million
Kenneth Himmel, the head of Related Urban, the mixed-use development division of Related Companies, has sold his Time Warner Center apartment for $13.8 million, the New York Observer reported. Himmel...
View ArticleClik here to view.
Sale of $3.8 million penthouse is Lower East Side’s priciest deal since 2008...
The sale of a penthouse condominium at 115 Norfolk Street marks the most expensive residential sale recorded in the Lower East Side since the housing bust in late 2008, listing broker Ariel Tirosh, a...
View ArticleClik here to view.
Court rules massive Kips Bay co-op complex must remain affordable
New York State’s highest court has ruled that East Midtown Plaza will remain affordable, ending years of feuding between residents over whether the six-building co-op complex should get privatized,...
View Article