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Kushner’s East Village play: breaking down the numbers on the 450-unit...
The East Village is a playground for New York City’s urban trendsetters, drawing them to its trendy bars and restaurants in century-old walk-ups. But the neighborhood has also been a battleground for...
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Barclays Center not the job creator promised?
Mayor Michael Bloomberg highlighted the 2,000 jobs created by the Barclays Center in his State of the City speech yesterday, but the bulk of these positions are part-time and without benefits, DNAinfo...
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Gramercy Starck condo board sues Houston couple over short-term rentals
The Gramercy Starck condominium board is suing a Houston couple who rented out their apartment for short-term stays, claiming their guests hosted wild parties, defaced doors with obscene graffiti and...
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Ex-Lehman Bros. real estate honcho appears to be 733 Park Avenue unit buyer
The mystery buyer behind a deal for a penthouse duplex at 733 Park Avenue owned by the estate of famed financier Herbert Allen may be another Wall Street executive. The buyer appears to be Michael...
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Lenox Lounge owner sued for $25M, Christine Quinn pulls ahead of rivals in...
[caption id="attachment_230010" align="aligncenter" width="575"] Lenox Lounge[/caption] Landlord seeks $25 million from Lenox Lounge owner for allegedly stripping the Harlem hotspot of, well, pretty...
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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. Mayor Michael Bloomberg’s onstage compatriots during his State of the City...
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Area sells Upper Manhattan portfolio for $49M
UPDATED, Feb. 15, 11:40 p.m.: Area Property Partners has sold a portfolio of 10 Upper Manhattan multi-family properties known as the Decathlon portfolio for $49 million, or about $7.5 million less than...
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Top stories
Top stories over the weekend on The Real Deal: 1. Kushner’s East Village play: breaking down the numbers on the 450-unit acquisition 2. 150 Charles units hit the market starting at $4.2M 3. Starwood...
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Brooklyn Navy Yard is magnet for jobseekers, founder of Rag & Bone pays...
[caption id="attachment_230067" align="aligncenter" width="578"] BLDG 92 at the Brooklyn Navy Yard[/caption]Brooklyn Navy Yard is magnet for jobseekers. Founder of Rag & Bone pays $6.75M for Cobble...
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City moves to transform LoMa into next tech hub
Twenty firms, mostly in the technology field, have submitted proposals to open offices in Lower Manhattan, in a move that could transform the cultural makeup of the neighborhood, Crain’s reported. The...
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Dental Death Doctor’s home in contract for $8.3M
An Upper West Side brownstone owned by Richard Kaul, also known as the “Dental Death Doctor,” has gone into contract for $8.3 million, after a dispute between Town Residential and Luxor Homes...
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The Closing with Ofer Yardeni
From the February issue: Ofer Yardeni is the cochairman and CEO of Stonehenge Partners, a Manhattan-based real estate company that owns and manages 27 residential buildings and commercial properties in...
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Queens’ Court Square sees residential boom
[caption id="attachment_230095" align="alignright" width="206"] A rendering of the Eagle Electric building which is being converted into a 700-unit rental tower and Justin Elghanayan (inset)[/caption]...
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Illegal basement apartments seen as one answer to NYC housing shortage
With New York’s incredibly tight supply of affordable housing, illegal basement rentals are on the rise, especially in the outer boroughs. But some industry experts see the illegal rentals as a boon —...
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Forest City Ratner, Related, Douglaston among firms interested in Seward Park...
The city’s big developers are eager to get moving on projects in the Seward Park Urban Renewal Area, Crain’s reported. Over 300 people—including representatives from top-tier developers such as Forest...
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737 Park tenant accused of running “bed and breakfast” out of apartment
[caption id="attachment_230130" align="alignleft" width="300"] 737 Park Avenue[/caption] A resident of 737 Park Avenue is facing accusations that she ran an illegal bed and breakfast out of her...
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Most major office leases were renewals in 2012
The 50 largest Manhattan office deals of 2012 were smaller and involved fewer new tenants than in the previous year, according to CoStar Group research provided to Crain’s. In 2012, the top 50...
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City reaches out to developers to build high rises at sites of three schools
The city has reached out to developers for proposals to build high-rise towers at the site of two schools on the Upper West Side and one in Harlem, including the renowned Edward Durell Stone-designed...
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Design Within Reach CEO goes rental at Chelsea penthouse: PHOTOS
150 West 26th Street and John Edelman The CEO of Design Within Reach, the high-end furniture purveyor, has decided to take a rental approach with his Chelsea penthouse. John Edelman and his wife,...
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