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DoBro group offers grants to revamp office space
The Downtown Brooklyn Partnership is hoping to spruce up properties along the Eastern Gateway, a six-block area on Flatbush Avenue between Lafayette and DeKalb avenues, Brownstoner reported. In an...
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Focus Financial takes 12,000 sf at 825 Third Avenue
Focus Financial Partners, an international partnership of independent wealth advisors, inked a nearly 12,000-square-foot, full-floor lease at 825 Third Avenue, according to a release from Avison Young,...
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Town broker named in co-op race bias suit
An African buyer who sued the notoriously stuffy co-op board at 210 East 36th Street, claiming they rejected his all-cash offer because of his nationality, has implicated Town Residential broker Aileen...
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Syracuse University inks Madison Avenue lease
While Midtown South rents rise despite an increase in available space, as reported earlier today, tenants are looking for space just north of the neighborhood in hopes of finding better value. The...
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Editor’s note: A page turner
From the February issue: Welcome to the February issue, our biggest of the year. Between the regular monthly edition you are holding in your hands and our annual Data Book, we’ve got nearly 230 pages...
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Peter Cooper Village tenants demand rent breaks, a hood-by-hood gender...
F. Scott Fitzgerald villa With laundry rooms closed post-Sandy, Peter Cooper Village residents demand rent breaks. JDS Development’s 202 8th Street in Gowanus (finally) hits the market.Developers turn...
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Quinn vows to develop 40,000 units for middle class
City Council Speaker Christine Quinn today in her State of the City address vowed to construct 40,000 affordable housing units for the middle class over the next 10 years, DNAinfo reported. “We face an...
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The Real Deal’s Data Book available for the iPad
For the first time ever, The Real Deal‘s annual Data Book is available in an enhanced version for iPad users. A key source for New York City real estate facts and figures, the Data Book covers both the...
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The spec tower game: A look at 11 Times Square and in-the-works office buildings
From the February issue: [more]
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A Shake Shack grows in Brooklyn, removing snow from the top of 1 WTC … and more
Removing snow from the top of 1 WTC (credit: Beehive Hairdresser) A Shake Shack will open near the Barclays Center. Shoveling snow on top of 1 World Trade Center involves a dumpster suspended from...
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Market research firm GKF to ditch Chelsea Market for World Financial Center
GKF Market Research is close to inking a lease for 75,000 square feet inside the 40-story, 1.6 million-square-foot 1 World Financial Center, Crain’s reported. The firm’s former space at Chelsea Market...
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Red flags raised about union report card on Moinian
[caption id="attachment_229367" align="alignright" width="300"] From left: Joseph Moinian and Gary LaBarbera[/caption] A report card commissioned by a new union advocacy organization that gave the...
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Top stories
Top stories yesterday on The Real Deal: 1. Tom Cruise sells longtime East Village condo 2. Condo demand frenzy sees developers hike prices 3. Town broker named in co-op race bias suit [more]
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Lady Liberty set to reopen on Memorial Day, London Terrace Gardens can’t...
[caption id="attachment_228007" align="aligncenter" width="578"] Statue of Liberty[/caption]Lady Liberty set to reopen on Memorial Day.London Terrace Gardens can’t withdraw from rent stabilization tax...
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Eric Hadar, partners buy Brill Building for $185M
[caption id="attachment_229396" align="aligncenter" width="578"] Eric Hadar and the Brill Building[/caption] Stonehenge Partners and Invesco Real Estate have sold the Brill Building at 1619 Broadway...
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RXR Realty pays $800M for 237 Park Avenue
Continuing a whirlwind acquisition spree, RXR Realty is buying 237 Park Avenue for around $800 million, Crain’s reported. In partnership with Walton Street Capital, RXR scooped up the 21-story, 1.2...
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Comcast’s NBC deal includes a chunk of 30 Rock
[caption id="attachment_80481" align="alignright" width="273"] 30 Rockefeller Plaza[/caption] Comcast’s $16.7 billion acquisition Tuesday of the remaining stake in NBCUniversal includes the sale of a...
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A look at schools inking real estate deals in NYC
Given that New York City seems to suffer perpetually from a lack of good schools, the addition of one in a neighborhood can lure homebuyers and boost property values. But schools are also behind a...
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Sandy proves to be windfall for Times Square hotels
Hotels in Times Square had nearly 90 percent occupancy after Hurricane Sandy made landfall, DNAinfo reported, citing Times Square Alliance data. In addition, average room rates increased to amounts...
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In final State of the City address, Bloomberg vows to push ahead with...
[caption id="attachment_229776" align="aligncenter" width="578"] Mayor Michael Bloomberg delivering the 2013 State of the City address at Barclay's Center (Image courtesy of Frank Franklin II/Beaumont...
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