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Rose, not Metro Loft, now leads 70 Pine conversion
Just months after acquiring the former headquarters of American International Group at 70 Pine Street and laying out plans to convert it into 300 hotel rooms and 700 rental apartments, Nathan Berman’s...
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Is Queens’ tech boom already underway?
City officials often talk about the potential for a tech boom in Queens in the coming years, but according to the Wall Street Journal, cheaper rents and warehouse availabilty have already given the...
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Italian director claims lover dumped him to steal UWS condo
A 73-year-old Italian theater director has sued a 27-year-old Manhattan dancer for allegedly seducing him into buying her an Upper West Side apartment. Citing court papers filed yesterday in Manhattan...
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Romney’s economic aide backs Obama’s mortgage refinance plan
Mitt Romney’s stance on mortgage refinancing proposals will pit his Republican colleagues against one of his top economic advisers. A controversial mortgage policy proposed by the Obama administration...
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The biggest Hamptons brokerages
From the August issue: It’s been a rocky couple of years for the real estate market on Long Island’s East End. But now that the worst of the downturn has passed, the region’s major residential firms...
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Alexandra Pelosi sells Flatiron District apartment
As election season nears, Alexandra Pelosi, the daughter of House Minority Leader Nancy Pelosi, is again making news. The filmmaker who won six Emmy nominations for her documentary “Journeys With...
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Dumbo’s Beacon Tower developer faces RICO suit
Dumbo’s Beacon Tower has been hit with a $150 million racketeering suit, the New York Post reported. The suit, which alleges violations of the Racketeer Influenced and Corrupt Organizations Act (RICO),...
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Long-stalled S.I. development opens to tenants
Staten Island is slated to get a new 40-unit housing development at 255 Richmond Terrace when the View, a stalled project, opens to tenants this month, DNAinfo reported. Developer Leib Puretz was...
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Rockaways house sells for a record $5.1M
A beach home in the Rockaways community of Neponsit, Queens has sold for the highest amount ever recorded for a single-family home in the borough, the New York Daily News reported. The five-bedroom,...
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In Harlem, the Jerome hits the market for $16M
A 39-unit Central Harlem apartment complex that includes five retail spaces has hit the market with an asking price of $16 million, according to a statement released today from Eastern Consolidated,...
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NYC’s common spaces lure tech firms from offices
As commercial rents in technology firm heavy Midtown South rise, smaller tech firms and start-ups are turning to communal work spaces or, in some cases, are eschewing office space altogether. According...
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LIC’s One Murray Park now 50 percent in contract
One Murray Park, a once-stalled Long Island City condominium project, is now over 50 percent in contract, according to Core, the exclusive marketers of the building. Sales launched in the building,...
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Architecture Review — Lincoln Center footbridge is a weak link
The new Lincoln Center footbridgeThe newest installment in Diller Scofidio + Renfro’s reconceiving of Lincoln Center is the soon-to-be-completed bridge spanning 65th Street. As of this past week, the...
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Cervalis signs largest Fairfield County build-to-suit lease in a decade
Cervalis, an information technology services company based in Shelton, Conn., has signed a 168,000-square-foot lease for a build-to-suit, Class A office space in Norwalk, Conn., according to the...
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One Madison Park is delayed — again
With so little inventory and a seemingly increased number of deep-pocketed home-hunters in Manhattan, the market conditions are ripe for new luxury condominiums. According to the New York Times, that’s...
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Extell pays Catholic Church $16M for Hell’s Kitchen air rights
Gary Barnett’s Extell Development has acquired a large amount of development rights, which it will use to increase the size of a little-noted residential tower project in the neighborhood, for $16.46...
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Trevi’s acquisition tear marches on
Trevi Retail CEO Rockie Gajwani apparently wasn’t joking around when he told Crain’s that “we are quick and fast.” The paper reported that Trevi is continuing its streak of retail-focused purchases...
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Two Trees “thinking creatively” on Domino sugar development, beloved Queens...
The Domino Sugar plant in WilliamsburgTwo Trees embarks on planning process for Domino sugar factory. Mayor Bloomberg reports fundraising challenges for 9/11 memorial over site control dispute....
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Downtown Yonkers rises with its river
While Mayor Michael Bloomberg has been busy revitalizing New York City’s waterfront, the city’s neighbor to the north, Yonkers, is first uncovering its water — the Saw Mill River. And it’s having a...
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