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Madison Realty Capital buys note for Sheepshead Bay condo
Madison Realty Capital has acquired a $23.5 million note in default for the Breakers, a waterfront condominium development in Sheepshead Bay, Brooklyn, GlobeSt. reported. The loan, to Brooklyn...
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West Village townhouse, linked to Tory Burch’s ex, Christopher, hits market...
A West Village townhouse, the owner of which appears to be linked to a company headed by J. Christopher Burch, the ex-husband of fashion designer Tory Burch, has hit the market for $19 million. The...
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Beekman Tower Hotel trades for $85M
A Silverstein Properties, Fisher Brothers and Capstone Equities partnership has closed on the Beekman Tower Hotel for roughly $85 million, Crain’s reported. Silverstein Properties will manage the...
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Most New Yorkers believe coastal areas should be rebuilt in Sandy’s wake
Most New Yorkers believe Hurricane Sandy was not a fluke and that homes should be rebuilt in affected communities, albeit under revised building codes, the New York Observer reported. A new poll by...
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A storm’s silver lining?
From the December issue: The New York City area is very much still in recovery mode from Superstorm Sandy, which devastated the city and its suburbs in late October. Debris is still being cleaned....
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Fast-growing style blog leases 30K square feet near City Hall
New York City-based style and fashion blog Refinery29 inked a deal for two floors of office space a block from City Hall. The move will more than quadruple the amount of space it currently occupies in...
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Pennsylvania architect builds replica Hobbit home, Two Trees unveils...
Mercedes House (source: Curbed)Taking “The Hobbit” fandom to the next level with book-inspired home. Steiner Studios joint venture partner sues, claiming David and Douglas Steiner are taking a bigger...
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Stellar Management buys apartment tower neighboring One Soho Square
Stellar Management has paid $6.1 million for a 21-unit rental building in Soho with the aim of adding air rights to its adjacent office project, known as One Soho Square, the Commercial Observer...
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Streeteasy rings in the holidays at Maritime Hotel party: PHOTOS
The Streeteasy team Streeteasy.com, the real estate listings provider, celebrated the season last night at a party that brought together brokers, staffers and clients. Fredrik Eklund, a Douglas Elliman...
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FHA extension is good news for home-flippers
Rehabbers and real estate investors rejoice: You'll still be able to sell houses to first-time buyers using low-down payment FHA-insured mortgages next year, even if you've owned the fixed-up property...
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EDC sees great interest in Harlem gas station site
Officials from New York’s Economic Development Corporation told residents from the North Star Neighborhood Association yesterday that there is plentiful interest in redeveloping the BP gas station site...
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Low-income EV rentals go co-op, for $250 a share
The Cooper Square Mutual Housing Association, which provides low-income housing, in the first two weeks of this month arranged roughly 280 closings in 21 city-owned co-ops that it manages. Most of the...
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Two Trees holds community meeting on Domino site
Two Trees Management has begun the process of meeting with North Brooklyn residents to discuss the development of the Domino Sugar factory on the Williamsburg waterfront, Brownstoner reported. The...
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Bellmarc expands space following acquisition
From the December issue (UPDATED): In need of more space after acquiring A.C. Lawrence, the Bellmarc Group will open a new office at 48 West 22nd Street in Chelsea this month, firm head Neil Binder...
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Legal technology firm signs for 100,000 square feet at 685 Third Avenue
Amid a slow leasing market on Third Avenue, 685 Third Avenue has secured its third large tenant since TIAA-CREF purchased the property in 2010. Crain’s reported that Epiq Systems, a provider of...
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How should the city mark low-lying areas?
A Red Hook, Brooklyn cartographer named Jim McMahon is calling on the city of New York to mark flood-prone areas of the city, DNAinfo reported. The amateur storm-chaser said elevation signs would help...
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No 950 Fifth co-op for Billy Macklowe, the best buildings of 2012 … and more
"Wendy" -- the only NYC structure in Architizer's Best Buildings of 2012 list Despite previous reports of Billy Macklowe buying a 950 Fifth Avenue co-op, that unit is no longer in contract. Only one...
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Fresh Direct scales back plans for new Bronx HQ
[caption id="attachment_159722" align="alignright" width="299"] Fresh Direct's LIC headquarters[/caption] Faced with a lawsuit and setback by Hurricane Sandy, the online grocery store, FreshDirect, is...
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Locals press Bushwick mall developer to keep out national chains, government...
The holiday-decorated governor's mansion in Carson City, Nev. Locals press Bushwick mall developer to keep out chain stores. The White House, Governor’s mansions get decked out for Christmas. Giorgio...
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