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Acadia snaps up 210 Bowery
Acadia Realty Trust, a developer of the City Point development in Downtown Brooklyn, has closed on a $7.5 million purchase of 210 Bowery, the New York Post reported. The deal sets a record for the...
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Fire breaks out at WTC site: VIDEO
[caption id="attachment_220370" align="aligncenter" width="575"] Smoke billowing off a trailer at the World Trade Center[/caption] A two-alarm blaze spread across several trailers at the World Trade...
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In selling celeb homes, brokers hide evidence of famous residents
Despite having stage or screen presence — or posing for magazine photographs inside their homes — celebrities who list their homes generally don’t aim to attract this same level of attention, the New...
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Parties offer brokers a chance to bond, unwind
From the December issue: It’s that time of year again, when New Yorkers dust off their dancing shoes, brush up on small talk and head to the company holiday party. For real estate brokers, these...
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Parkoff pays $158M for 10-building portfolio
Parkoff Organization has paid $158 million to the Dermot Company for a 10-building portfolio of residential and mixed-use properties in the West Village, the Lower East Side and the Bronx, The Real...
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Toll Brothers’ Robert Toll says housing will rise 20 percent in 2013: VIDEO
[caption id="attachment_220403" align="aligncenter" width="575"] Robert Toll and Robert Wolf[/caption] Although Robert Toll, executive chairman of developer Toll Brothers, predicts that Washington will...
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Luxurious Lenox Hill condo lists for $11 million, a chat with Dottie … and more
[caption id="attachment_220418" align="aligncenter" width="575"] Street art at ESPO in Downtown Brooklyn (source: Gothamist/ Jake Dobkin)[/caption] A luxurious Lenox Hill condo lists for $11 million....
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Domain Companies will build Greenpoint rental with affordable housing
Greenpoint, Brooklyn is slated to get a new 210-unit rental building. The project will be located at 1133 Manhattan Avenue on the neighborhood’s waterfront and will break ground in January, Crain’s...
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Sandy sinks Trump on the Ocean, proposed for Jones Beach
Due to damage from Hurricane Sandy, Donald Trump and state park officials today announced that the contentious beachside development known as Trump on the Ocean would be canceled, Newsday reported....
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New single-family home sales rise 4 percent nationwide, HUD numbers show
New U.S. single-family home sales last month reached a seasonally adjusted rate of 377,000, according to data released today by the U.S. Census Bureau and the Department of Housing and Urban...
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Related exec says strong real estate market will surprise many in 2013: VIDEO
Related's Jorge PerezWhile Related Group's CEO Jeff Blau and its Chairman and Founder Steven Ross handle massive New York projects like Hudson Yards, the developer will also continue to focus on South...
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Budget hotel investor pays $11M for FiDi building
A six-story commercial office building in the Financial District has traded hands for $11.2 million in an end-of-year off-market deal, The Real Deal has learned. Ronnie Oved, who owns a number of...
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Architecture review: A sophisticate among strip malls in Queens
Sometime in the spring, a glamorous new branch library will open in the unlikeliest of places, at 255-01 Union Turnpike in Glen Oaks, Queens. Designed by Scott Marble and Karen Fairbanks, who founded...
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This month in real estate history
From the December issue: Mayor Ed Koch and other city officials unveiled an agreement with Forest City Enterprises and the Polytechnical Institute of New York to build a $340 million office, retail and...
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SEC helps pave way for Empire State Building REIT vote
The U.S. Securities and Exchange Commission today approved the documents allowing Malkin Holdings LLC, the owner of the Empire State Building, to vote on the plan to turn the skyscraping property into...
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Nightingale pays $22M for UES building
Nightingale-Bamford SchoolThe Nightingale-Bamford school, an elite all-girls preparatory school thought to be an inspiration for the "Gossip Girl" series, has purchased an adjacent building from...
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Cosi, Edwin Pearl shuttered due to World Financial Center renovation
World Financial Center In preparation for Brookfield Office Properties' $250 million renovation of the World Financial Center, Cosi Sandwich Bar and the fashion jeweler Erwin Pearl have closed,...
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Landmarks advocate Lenore Norman dies, London ranked most favorite city of...
London, EnglandLenore Norman, an advocate for the preservation of city landmarks, is dead at 83 . London tops favorite cities of the super rich list. Five real estate resolutions for the new year. Does...
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The year in celebrity real estate
This year, boldfaced names of film, television, music and beyond moved around New York — buying, renting, selling (or attempting to do so). From the sale of Oprah Winfrey’s penthouse at Place 57 to the...
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Buy-A-Home owner pleads guilty in fraud case
Mitchell Cohen, the owner of the now-shuttered Buy-A-Home real estate brokerage in Queens, has peaded guilty to one count of conspiracy to commit wire, bank and mail fraud linked to a...
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