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A Day in the life of: Francis Greenburger
From the February issue: 5 a.m. I live in a townhouse near Washington Square Park. I wake up early [without an alarm] at around 5, though if I’m anxious I might get up as early as 3. I use that time...
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Digital advertising firm inks lease in Times Square, Hollywood descends on...
[caption id="attachment_230414" align="aligncenter" width="575"] Lego staircase at the Marks/Caride Residence in Chelsea[/caption] Digital advertising firm Videology takes 16,000 square feet at 1500...
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REBNY, union to evaluate mayoral candidates
The union that represents doormen and service workers is teaming up with the Real Estate Board of New York to screen mayoral candidates beginning this week, Capital New York reported. The groups —...
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EPA weighs in on developer’s Gowanus plan
The U.S. Environmental Protection Agency has spoken out about developer John Quadrozzi’s plan to take sludge from the Gowanus Canal and turn it into a concrete landmass off the coast of Red Hook, the...
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Top stories
Top stories yesterday on The Real Deal: 1. Private equity firm Meadow Partners sues Pinnacle over $43M portfolio 2. Commercial brokers furious with city’s big landlords for “skipping the middle man”...
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Most Financial District buildings back in action post-Sandy, Williamsburg...
[caption id="attachment_212740" align="aligncenter" width="578"] Lower Manhattan office towers[/caption] Most Financial District buildings back in action post-Sandy. Williamsburg loft sells for $75,000...
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Jeff Sutton adds Roxy Deli building to retail portfolio
Wharton Properties President Jeff Sutton has added the Roxy Deli building at 1565 Broadway to his retail portfolio, in a $30 million deal, the New York Post reported. Jack Valensi and Jacob Sinai of...
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Self-storage claims coveted space among investors
Self-storage spaces have become among the most sought-after properties in commercial real estate, with fast-falling capitalization rates, the Wall Street Journal reported. In December, Acadia Realty...
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Court Square’s boom suffers from lack of retail, but developers see...
Long Island City’s Court Square may be experiencing a residential boom, but the area still suffers from a lack of retail development, DNAinfo reported. More than 3,500 residential units are set to rise...
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Kushner extends E.Village buy frenzy in $29M deal
Extending his dominion in the East Village, Jared Kushner has picked up a $28.8 million portfolio of 55 apartment and five retail properties in two in-contract deals, the New York Post Reported. The...
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Mortgage applications dip as rates continue to climb
The number of mortgage applications for the week ending February 15, 2013 decreased 1.7 percent on a seasonally adjusted basis from one week earlier, the Mortgage Bankers Association announced today....
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Rockpoint, Highgate to sell Times Square hotel in three pieces worth $650M
The owners of Times Square’s Milford Plaza Hotel are thinking about chopping up the property into three pieces and selling them separately for a heftier profit, according to the Wall Street Journal....
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22 Renwick Street in Soho gears up for sales
Renwick Modern, a new luxury residential condominium near Hudson Square, is preparing to launch sales, the development team comprised of DelShah Capital and On The Level Enterprises announced today....
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Morgan Stanley CEO lists UES penthouse for $22.5M
Morgan Stanley CEO John Mack is looking to unload his nine-room penthouse in the Lennox Hill’s Leonori building, according to Curbed. Asking price for the 3,650-square-foot duplex: $22.5 million. The...
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Theory founder sells Trump Int’l condo for $15.6M
Andrew Rosen, the founder of the Theory fashion label, sold his 4,266-square-foot duplex condominium at the Trump International Tower for $15.6 million, according to records filed with the city...
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Property taxes climb despite market flux: report
One would expect that in a down market, when property values are on the decline, the city’s collection of corresponding taxes would fall as well. However, a report from Eastern Consolidated shows that...
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Tenant sues to collect $24M for unpaid interest on security deposit
A former resident of 1100 Madison Avenue is seeking a whopping $24 million for interest on a security deposit that his onetime landlord, Elyachar Properties, allegedly refused to hand over almost four...
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Citi Habitats’ Hamersley Team again nabs top honors at firm’s awards
Citi Habitats’ Tracie and Elizabeth Hamersley — dubbed the Hamersley Team — again won top honors at the brokerage’s annual awards ceremony, which was held at the swank Ajna Bar last week in the...
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