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Most-popular articles yesterday on The Real Deal: 1. Real estate’s rising stars 2. “We acted very un-Town-like and we’re sorry”: Heiberger 3. Brookfield eyes stake in $1B Manhattan portfolio: sources
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Related scores in sale of Hudson Yards building to L&L, Pru
David Levinson and 511-541 West 25th Street L&L Holding Company has teamed up with Prudential to buy one of the few Hudson Yards-area properties that Related Companies is selling. The partnership...
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Atkins & Breskin seeking $28M for East Village building
47-53 Third Avenue Real estate investment firm Atkins & Breskin is aiming to sell an East Village residential condominium for $28 million, according to marketing materials obtained by The Real...
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From fenders to Fenders: Brooklyn car shop to be music venue
893-897 Dean Street in Brooklyn A group of artists known as Global Square plans to build an entertainment venue and bar on the site of a former parking garage in Crown Heights. The 7,000-square-foot...
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A peek at the final phase of the High Line, Donald Trump mentions “late,...
High Line’s final phase (Credit: Chelsea Now) 1. Donald Trump mentions “late, great” Jimmy Carter in CPAC speech [HufPo] 2. Port Authority board member Jeffrey Moerdler talks Bridgegate and his...
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Port Authority to sell parcels with 490K buildable square feet
Aerial view of parcels near West 34th Street The Port Authority of New York and New Jersey has put two parcels in the Hudson Yards neighborhood on the market. The 11,266-square-foot plots are located...
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Chetrit, Park Tower file for permit on Greenpoint mega-project
Rendering of Greenpoint Landing at 77 Commercial Street Manhattan-based developers Park Tower Group and Chetrit Group applied to the Department of Buildings to begin constructing the controversial but...
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Menachem Stark’s portfolio revealed
Click to enlarge (Menachem Stark photo credit: Eli Wohl) From the March issue: Two months after the burned body of Brooklyn developer Menachem Stark was found at a gas station in Great Neck, L.I., the...
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Hearst’s legendary penthouse goes on the market for $38M
137 Riverside Drive penthouse (Inset: William Randolph Hearst) A co-op unit formerly owned by publishing tycoon William Randolph Hearst is asking $38 million. The seven-bedroom unit at the Clarendon,...
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Construction worker shortage looming?
Workers at a New York City construction site An influx of contractor jobs and an exodus of skilled laborers from the construction sector has industry leaders worried about a possible shortfall in...
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Our favorite renderings this week: 1165 Broadway, 155 E. 79th
Anbau Enterprises’ duplex-only 155 East 79th Street and a new East Williamsburg rental building on a former church site are among the latest projects to receive a new batch of eye-popping renderings in...
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Eastern Dispensary owner yanks property off market
75 Essex Street The former Eastern Dispensary building at 75 Essex Street on the Lower East Side, most recently up for grabs with an ask of $21 million, has been pulled from the market as the owner...
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Blumenfeld, Forest City Ratner lease East Harlem retail space
East River Plaza in East Harlem A developer based in upstate New York leased 14,500 square feet of retail space at the East River Plaza in East Harlem to Mount Sinai Hospital. The hospital will use the...
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Once a purple bed-and-breakfast, townhouse to list for $30M
278 West 11th Street A West 11th Street townhouse is about to hit the market for $30 million. George Agiovlasitis bought the property at 278 West 11th Street, then a purple bed-and-breakfast, in 2011...
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Drone on: Judge lifts FAA ban on unmanned aerial vehicles
In a ruling that has sizable ramifications for the real estate industry, a federal judge this week lifted the moratorium on using small drones for commercial purposes. According to Patrick Geraghty, an...
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Nonprofit, public sectors log banner year in leasing deals
Nonprofit and public sector leases cranked boomed in 2013, more than doubling the amount of space taken by the two sectors since 2011. More than 5.7 million square feet were leased by the two sectors...
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Homeowners go high-tech to manage their real estate
A home Twitter feed, @HouseofCoates Homeowners are increasingly coming up with tech-savvy methods to find, manage and monitor their personal real estate. One New York City resident, for instance, hired...
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Top programmer, co-founder exits StreetEasy
Sebastian Delmont From the March issue: Sebastian Delmont, a co-founder and the top programmer at StreetEasy, last month became the last of a group of seven senior executives to be replaced or leave...
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Judge tosses anti-Citi Bike suit in Brooklyn Heights
From left: 150 Joralemon Street and a Citi Bike station Citi Bike has racked up yet another victory against a NIMBY suit looking to dislodge a bike-share station from a spot in front of a New York City...
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High retail rents in Soho generate a listing dispute
From left: Christen Portelli, Michael Glanzberg, 80 Wooster Street and Christopher Fischer Soho’s escalating retail rents have led to a dust up over a retail space at 80 Wooster Street, with the irate...
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