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Bronx park set to reopen after decade-long cleanup
Starlight Park — a portion of the Bronx River Greenway — will open this spring following a more than 10-year clean-up and renovation, the New York Times reported. But despite the addition of the park...
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House ethics probe finds no violations in Countrywide loan case
The House Ethics Committee has found no violations in the Countrywide VIP loan program probe, saying that charges of preferential treatment fell outside of its jurisdiction, the Los Angeles Times...
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A record-breaking year
Even in a year of uncertainty — between the presidential election and the looming fiscal cliff — New York still managed to shatter several of its real estate records. Here’s a recap of the barriers...
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CIM buys Fifth Avenue retail space for $80M
[caption id="attachment_220846" align="alignright" width="210"] 225 Fifth Avenue[/caption] CIM Group has bought a large retail space at 225 Fifth Avenue for $80 million, Crain’s reported. The real...
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Developer David Edelstein’s townhouse sells for $21.5 million, the best new...
The interior of David Edelstein's townhouse Developer David Edelstein’s UES townhouse, purchased two years ago for $12.85M, trades for trades for $21.5M. Is NYC’s rental market softening? Curbed’s...
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Invesco shells out $196 million for majority stake in 1466 Broadway retail
[caption id="attachment_220880" align="alignright" width="212"] Adam Spies, 1466 Broadway[/caption] Invesco has purchased the vast majority stake in the retail condominium at 1466 Broadway for $195.8...
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Lower East Side rental building trades for $18M
[caption id="attachment_220889" align="alignright" width="210"] 157 Suffolk Street[/caption] A Lower East Side rental building at 157 Suffolk Street has been traded to the real estate investment...
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Ousted National Arts Club president, others sue to retain apartments
[caption id="attachment_220905" align="alignright" width="141"] O. Aldon James[/caption] Former National Arts Club President O. Aldon James, his twin brother John James, both 65, and former club member...
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More than 800 $4M-plus contracts logged this year
[caption id="attachment_221063" align="alignright" width="240"] Sandy Weill and 15 CPW[/caption] This year proved to be the strongest year for the New York City luxury residential market — with 807...
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The top 10 real estate stories of 2012
In 2012, One57 rose, and Dewey & LeBoeuf collapsed. The World Trade Center topped out, and Manhattan Apartments bottomed out. The Barclays Center brought stars to Brooklyn, and Bravo TV made...
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Daughter of Elliman broker arrested for possession of explosives, assault...
[caption id="attachment_221099" align="alignright" width="195"] Morgan Gliedman[/caption] The daughter of the Douglas Elliman broker Susyn Schops Gliedman has been arrested for allegedly possessing...
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Duo of Essex House units trade for $8.6M
Adjoining, combined units inside the Essex House at 160 Central Park South have sold for a total of $8.55 million, according to city records filed today. A company identified as Miami-based Hideca...
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Olive branch for Sixteenth Street Synagogue comes with hefty price tag
UPDATED: 7:11 p.m., Dec. 31: A Flatiron District synagogue that was originally slated for eviction on Jan. 7, then last week granted a temporary emergency stay of eviction, may have found its saving...
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FEMA opens its only Manhattan center, the Donald’s most notable tweets of...
The Edge in Williamsburg, where Harry Smith, formerly of CBS, bought a homeFEMA opens its only Manhattan center at 66 Frankfort Street. Former host of CBS’“The Early Show” purchased $1.8M penthouse...
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Kushner sells Observer building for $95 million
[caption id="attachment_221192" align="alignright" width="240"] 321 West 44th Street[/caption] Real estate developer Jared Kushner has sold 321 West 44th Street, where his New York Observer newspaper...
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Long Island City industrial building sells for $48M
In an area of Long Island City that is undergoing rapid development, a hulking former electrical supply building once owned by Eagle Electric Manufacturing sold for $48 million to an undisclosed buyer....
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Related buys two High Line lots for $65 million
[caption id="attachment_221238" align="alignright" width="300"] Related's Stephen Ross and 507 West 27th Street[/caption] Related Companies has bought a scrapyard along the High Line for $65 million,...
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Happy New Year!
In honor of New Year’s day, 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 festive New Year’s eve and a safe and happy...
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Carnegie Hill commercial condo trades for $20.3M
Prudential Insurance Company of America has paid $20.3 million to Aegon USA Realty Advisors for a commercial unit in 47 East 91st Street, a luxury Carnegie Hill condominium building that was at the...
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