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A look at architect Eran Chen’s upcoming projects
Eran Chen and 275 Fourth Avenue in Park Slope Eran Chen, the architect behind the firm Office for Design and Architecture, has built his reputation as a no-nonsense designer of innovative New York...
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New digital investing platform targets NYC luxury real estate
Todd Lippiatt This week, Todd Lippiatt, formerly of Morgan Stanley and Credit Suisse, and managing principal of Aristone Realty Capital, is launching a Web-based alternative assets platform called...
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De Blasio unveils key housing appointments
Mayor Bill de Blasio with staff announcing his new appointees Mayor Bill de Blasio has announced key housing appointments that will help him reach his goal of delivering 200,000 units of low-cost...
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How Related’s Jorge Pérez helped save the arts in Miami
Jorge Pérez and the Pérez Art Museum Miami Billionaire real-estate developer and Related development co-founder, Jorge Pérez, has become the unlikely figure behind a rebirth in the arts in Miami....
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Brooklyn Heights to see new single-family townhouses
295 Hicks Street Several new single-family buildings are coming to a development site at 295 Hicks Street in the Brooklyn Heights Landmark District. According to Buzzbuzzhome, three single-family,...
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Walker Tower unit flips for $2.9M profit
Unit No. 11E in Walker Tower Walker Tower just got its first successful flip, and at $2.9 million, the profit wasn’t bad. In December, seller Burt Freiman purchased a unit in Walker Tower for just...
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Judge blocks removal of Picasso from the Four Seasons
Aby Rosen, Picasso’s “Le Tricorne” and the Four Seasons Restaurant The Picasso hanging in the Four Seasons restaurant isn’t going anywhere – at least for now. A judge has ruled that the owners of the...
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American Realty officially acquires Cole in $7B deal
Cole’s Marc Nemer and American Realty’s Nicholas Schorsch New York-based American Realty has officially acquired Cole Real Estate for $7 billion. The cash-and-stock deal to create a real estate...
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Park Avenue landlords fret over Citi’s exit
399 Park Avenue and Monday Properties CEO Anthony Westreich In the wake of Citigroup’s decision to move its global Park Avenue headquarters after many years, Midtown office landlords are concerned...
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Property lobbyists expect to gain ground under de Blasio
Melissa Mark-Viverito Lobbyists – including those representing real estate interests — are hopeful of greater influence in the de Blasio administration, after 12 years of the famously-unswayable...
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5 cheapest Manhattan sales of the week
Topping the list of cheapest sales in Manhattan last week was a sponsor unit at 48 West 138th Street — marking the third consecutive week this address has ranked among the least expensive in the...
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Rare Tribeca cast-iron building sells for $18.5M
131 Duane Street One of Tribeca’s last remaining cast-iron loft buildings, currently home to City Hall Restaurant, has changed hands for $18.5 million. The 25,000-square-foot, five-story mixed-use...
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Middling results but Fairway plans to add more stores
480-500 Van Brunt Street Grocery store Fairway, one of the biggest retail leasers of 2013, hit a financial snag in the year’s final quarter. Fairway Group Holdings Corp., which went public in an IPO in...
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Eight-story Bed-Stuy residential project breaks ground
168 Kosciuszko Street before demolition Construction has begun on an eight-story residential building at the site of a vacant lot in Bedford-Stuyvesant. The property at 168 Kosciuszko Street, also...
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New York Film Academy founder reels in Ritz-Carlton pad
From left: Jerry Sherlock, 10 West Street unit 32AG and Gilad Azaria Jerry Sherlock, the founder of the New York Film Academy, picked up a condominium at the Residences at the Ritz-Carlton in Battery...
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The flaws in De Blasio’s affordable housing plan: OPINION
Bill de Blasio Mayor Bill de Blasio’s plan to add or preserve 200,000 units of affordable housing over the next decade would be better served by a more flexible proposal than has so far been presented,...
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REIT Kite Realty buys into NY, NJ markets with $1.2B deal
Delray Marketplace in Delray Beach, Florida, owned by Kite Realty Indianapolis-based real estate investment trust Kite Realty Group Trust is planning to buy rival REIT Inland Diversified Real Estate...
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High-priced flips garner big profits across US
Luxury flipping is back, according to new numbers from property data company RealtyTrac that shows an increase in the number of “flipped” residences priced above $400,000, despite a slowdown at the end...
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Rentals in demand: High-end in Hell’s Kitchen
Although Chelsea was once again the most in-demand Manhattan neighborhood for rental searches last week, Hell’s Kitchen dominated with luxury rental units, according to Zumper, an apartment listings...
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Landlord asks $20M for Downtown Brooklyn church
360 Schermerhorn Street A Brooklyn landlord has listed an historic Downtown Brooklyn church, at 360 Schermerhorn Street on the corner of Third Avenue, for sale as a development site. Experts say it...
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