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Developers move to demolish buildings to construct 510-unit Times Square hotel
A pair of developers is moving forward with plans to build a 510-room pod-style hotel project in Times Square, filing plans to demolish three low-rise buildings near the corner of West 42nd Street and...
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Tatum O’Neal sells condo near Chinatown for $1.72M
Actress Tatum O’Neal has sold her condominium unit inside the converted Jewish Daily Forward building at 173 East Broadway for $1.72 million, according to public records filed with the city today. Tim...
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For brokers, an early spring
From the February issue: So much for a winter slowdown. Even as the mercury dipped in January, demand for apartments was high. Driving the fast-moving market, experts said, were plunging inventory and...
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Pricing Long Island College Hospital at $500M, taxes set to go up for...
Barbie Dreamhouse interior (credit: Trulia) Long Island College Hospital campus in Cobble Hill could go for $500 million, brokers say. State legislators vote to extend a co-op and condo tax abatement...
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Castle Village residents score court victory
Residents at Castle Village — the 589-unit cooperative on Manhattan’s Upper West Side — won a major victory yesterday when a federal appeals court ruled that they qualify for tax deductions after...
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Ruby Schron pays $25M for Coney Island retail site, plans mall expansion
Real estate investor Ruby Schron has forked out $25 million to buy a 49,000-square-foot building at 532 Neptune Avenue near Coney Island, according to public records filed with the city today. But the...
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Lawmakers call on Pres. Obama to replace FHFA’s Edward DeMarco
A group of 45 members of the U.S. House of Representatives came together today to sign a letter urging president Obama to appoint a permanent leader of the Federal Housing Finance Agency who will make...
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Stan Johnson tapped to market $39.5M UWS retail condo, formerly home to Ollie’s
The Oklahoma-based commercial brokerage Stan Johnson Company has been tapped to exclusively market the Class A retail condominium located at 1991 Broadway for $39.5 million, according to a company...
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Search for NYC pad led Alex Rodriguez back to 15 Central Park West: sources
In his quest to find his latest New York City pad, Yankees slugger Alex Rodriguez considered an old haunt. The third baseman recently checked out a rental at 15 Central Park West, where he once rented...
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Janna Bullock’s backless Upper East Side townhouse fetches $15M
The gutted townhouse at 12 East 82nd Street — known best for its missing rear wall — has sold for $15 million, the New York Observer reported. Nikki Field and Patricia Wheatley of Sotheby’s...
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Architecture Review: A Meatpacking District building is contrast to the...
One of the more striking transformations of the Meatpacking District will soon be rising at the intersection of 13th and Washington streets. The project — known both as 860 Washington and 437 West 13th...
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Marcus Samuelsson pays $3M for Harlem townhouse
UPDATED, 11:15 a.m., Feb. 9: Chef Marcus Samuelsson and his model wife, Maya Haile, have purchased a townhouse at 30 West 120th Street in Central Harlem for almost $2.9 million, according to public...
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Long Island College Hospital to close, opening up massive development site
The SUNY board of trustees voted unanimously today to close the Cobble Hill-based Long Island College Hospital, the Brooklyn Daily Eagle reported. The sale of the 200,000-square-foot building, which...
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Turtle power: Nightlife impresario Eric Goode to host Bowery Hotel benefit...
From the February issue: As the owner of hip hotels, nightclubs and restaurants in New York City, Eric Goode is used to being in the limelight. But it took him years to come out of his shell about a...
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AG probing three ratings agencies on mortgage bonds, latest condo amenity: a...
Greenhouse-inspired interiors New York State AG Eric Schneiderman probing three ratings agencies over mortgage bond ratings issued prior to Lehman crash. Latest condo amenity: the in-house doctor....
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The Real Deal’s Numbers to know
“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Douglas Elliman broker Dolly Lenz’s primetime sales pledge, young folks’...
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NYC landlords find homeless are lucrative tenants
[caption id="attachment_229068" align="alignright" width="300"] An NYC homeless shelter[/caption] Paying rent-stabilized tenants lump sums of cash to move is a quotidian strategy for landlords eager to...
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Midtown South rents increase despite availability
Though the hip and tech-heavy Midtown South saw a year-over-year increase in availability, neighborhood landlords are still looking to grab higher rents, the New York Observer reported, citing data...
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Tom Cruise sells longtime East Village condo
Tom Cruise is in contract to sell his condominium unit at the American Felt Building in the East Village for $3 million, a source familiar with the transaction told The Real Deal today. The 41-unit...
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