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Lagerfeld removes Gramercy Park cond-op from market, again
Karl Lagerfeld has again taken his 50 Gramercy Park North cond-op off the market, Curbed reported. The most recent asking price for the 2,151-square-foot property, which he purchased in 2006 for $6.8...
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BPC turf, which cost millions, is beyond repair
A plot of artificial turf ball field located in Battery Park City, which sustained serious flooding during Hurricane Sandy, will have to be replaced entirely, the Broadsheet Daily reported. As of yet,...
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“Like” TRD on Facebook
“Like” The Real Deal magazine on Facebook here, and you’ll be sure to stay abreast of the latest real estate news. Our Facebook page features breaking industry stories, links to quirkier pieces and...
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Rushmore’s escrow agent stops payment on $15M sent to buyers
Lawyers for 40 buyers at the Rushmore condominium were awarded an injunction against the developers, after Stroock & Stroock & Lavan stopped payment on more than $15 million in escrow refunds....
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LIC condo takes the feng shui craze to the next level
From the December issue: On a recent Monday morning, the gentle peals of a ceremonial bell could be heard over the noise of construction at the new Vista condo in Long Island City. A small group of...
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Nightlife impresario Jayma Cardoso sells GV abode, grandparents as amenities...
The interior of Jayma Cardoso's homeJayma Cardoso of Lavo, GoldBar and Surf Lodge fame sells small, but très chic Greenwich Village abode for $1.4M. A post-Sandy guide totenants rights. A doorman, a...
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David Edelstein, Sam Nazarian join forces to buy Miami Beach’s Raleigh Hotel
From the South Florida website: The Raleigh Hotel in Miami Beach has been sold to a partnership between New York-based developer David Edelstein and hotelier Sam Nazarian. The deal is unique in that...
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Keystone pays $20M for Bowery bank building
Keystone Equities has paid $20 million for East West Bank Building, located at 77 Bowery in Chinatown. In what is part of an emerging trend, Keystone’s partner on the deal was an institutional...
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Crown, Centurion and Imperium pay $20 million for Soho mixed-use building
The Chera family’s Crown Acquisitions has partnered with Centurion Realty and Imperium Capital to purchase a mixed-use building at 120 Prince Street for $20 million, Ralph Tawil, president of...
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Badly damaged Red Hook rec center reopens
The Red Hook Recreation Center in Brooklyn’s storm-battered Red Hook neighborhood, has reopened nearly two months after Hurricane Sandy made landfall, NY1 reported. The surge filled the property’s...
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A day in the life of Jay Neveloff
From the December issue: 6:30 a.m. I wake up at 6:30 on those weekdays when I stay in our loft in Greenwich Village. We spend weekends at our house in Westchester and usually drive back in on Monday...
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Tavros buys Chelsea Muse for $27.5 million
Tavros Capital Partners has purchased the Chelsea Muse, a luxury mixed-use building located at 537 West 27th Street, for $27.5 million, The Real Deal has learned. The sellers were Ekstein Development,...
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Capturing New York: PHOTOS
Manhattan skyline, courtesy Jeremy Bilgre of Bond New York Last week, we put out a call for real estate professionals to send us their photos of New York City streetscapes. Since then, The Real Deal...
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Rector Square developer’s wife and daughter sued for contempt
[caption id="attachment_220151" align="alignright" width="134"] Yair Levy[/caption] The Dallas-based Lone Star Funds has filed suit against developer Yair Levy’s wife, Sosana, and his daughter Galit,...
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East Village building trades for $16M, arson suspected at Occupy Sandy HQ …...
Church of St. Luke and St. Matthew, where a fire broke out this morning An East Village multi-family building trades for $16 million. The first floor of a Clinton Hill church, which also served as the...
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How residential brokerages celebrated 2012
The past year offered mixed blessings for New York City residential real estate: It was a year when the market seemed to gain momentum for the first time since the 2008 crash, and also one in which a...
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Sixteenth Street Synagogue receives temporary eviction stay
UPDATED: 6:15 p.m., Dec. 24: An Orthodox synagogue that was slated to be evicted Jan. 7 from its West 16th Street space today was granted a temporary emergency stay of eviction, The Real Deal has...
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In honor of the Christmas holiday, we won’t be posting on Tuesday (but we’ll keep our eyes peeled for breaking news). The Real Deal wishes you and your family a safe and happy holiday. Be sure to check...
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Pier 17 construction slated to start July 1
The Dallas-based Howard Hughes Corporation is forging ahead with its plans to redevelop Pier 17 in Lower Manhattan. Following an engineering inspection of the site’s stability following Hurricane...
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