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Ashkenazy buys Harlem retail properties for $19M
Investor Ben Ashkenazy of Ashkenazy Associates has paid $19 million for a pair of retail properties in Harlem, Crain’s reported. The deal includes a vacant theater on West 146st Street—the former RKO...
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Indictment close for Rabbi Pinto, on money laundering and attempted bribery:...
Rabbi Yoshiyahu Yosef Pinto, advisor to a number of high-profile real estate investors, was arrested in Israel in October, as The Real Deal and others have reported. Now, according to Israeli news...
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Where tech’s power players call home
From the November isuue: As New York’s rapidly expanding tech sector gobbles up increasing large swaths of prime office space, much of the focus on tech real estate has been on what kind of office...
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Moby sells renovated condo for $5.8M, new season of “Selling New York” debuts...
Nathan's Famous Iconic Coney Island hot dog purveyor Nathan’s Famous, damaged by Sandy, won’t reopen until the spring. And Rockaways won’t get subway service restored until mid-2013. Moby sells 7 Bond...
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Homes for New York’s “Gilded Age”: PHOTOS
57 East 64th Street Calling all period drama fans: Julian Fellowes, creator of the popular "Downton Abbey" series on PBS, is set to write and produce a new NBC show set in New York City. “The Gilded...
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Architecture review: A grid of glass and metal that manages to fit in
The shiny glass building at 57 Irving Place topped out as long ago as 2009, and it was well on its way to being fully clad not long afterwards. But the finishing touches were only recently applied,...
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Stuy Town tenants, landlord reach $146M settlement
Tenants of Stuyvesant Town-Peter Cooper Village have reached a settlement in their long-running class action lawsuit against the owners of Manhattan’s largest apartment complex. The deal, signed today,...
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HUD’s Donovan says rebuilding for displaced Sandy victims is top priority
Shaun Donovan, the U.S. Department of Housing and Urban Development Secretary, said it is crucial for Congress to approve aid for Sandy victims in order for storm-affected residents to begin planning...
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Are rapidly rising home prices healthy for the housing market recovery?
Though home prices have been on a steady rise these last months, rapid price increases could hurt recovery in the housing market, CNBC reported. The concern lies with investors who are flocking to...
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Plans for Cornell NYC Tech’s office, retail space taking shape
The Cornell NYC applied sciences campus will boast 300,00 square feet of commercial space—including offices, a hotel and a conference center—and executives involved with the project said last night...
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Stuy Town settlement could bring rent hikes for some tenants
Yesterday’s Stuyvesant Town deal could come with a bit of a surprise. The agreement, which brought an end to litigation over rent decontrol at the Stuyvesant Town-Peter Cooper Village apartment...
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Barry Sternlicht says investors could do with a little “fear,” a gingerbread...
The One57 "candy crane" (source: DNAinfo) Check out this “candy crane”: Le Parker Meridien buils five-foot gingerbread version of One57 crane collapse. “I want people to have some fear,” Starwood CEO...
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Emmes continues selling spree with $36M sale of Madison Avenue retail property
National investment firm Emmes Management has sold a two-story retail building occupied by Citibank at 1042 Madison Avenue for $36 million, according to public records filed with the city today. The...
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Daphne Guinness sells Stanhope apartment at loss
Beer heiress and fashion muse Daphne Guinness has finally found a buyer for her four-bedroom apartment at the former Stanhope hotel, just two months after she settled a lawsuit with her neighbors at...
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Riese inks $17.5M deal for 34th Street building
The Riese Organization, a retail-focused firm that specializes in budget restaurants, signed a contract this month to pay $17.5 million for a low-rise building on a bustling block of West 34th Street,...
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SL Green buys 315 Park Avenue debt for $218M
Office landlord SL Green Realty today announced its purchase of the debt on 315 Park Avenue South, Crain’s reported. A source told the publication that SL Green will shell out $218 million for the...
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Winick to market Rudin-owned UES retail space
Rudin Management has retained Winick Realty to market an Upper East Side corner storefront space that is coming on the market for the first time in more than a decade, The Real Deal has learned. Rudin...
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REIT unveils, names its massive new Midtown tower
The city’s largest office landlord, SL Green Realty, released sketches today for its planned office tower, to be known as 1 Vanderbilt. The company hired architectural firm Kohn Pedersen Fox Associates...
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