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Swanky Soho House club comes to the LES, the Clermont on the UES continues...
Soho House 1. Swanky Soho House private club comes to the Lower East Side [The Lo-Down] 2. What if the student loan bubble met the housing bubble? [NYO] 3. The Clermont on the Upper East Side continues...
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Time & Life Building’s short-term subleases would hamper any potential sale
From left: Meredith Corp.’s Stephen Lacy, Time & Life Building and Time Inc.’s Laura Lang Time Inc. is in the process of selling off the bulk of its magazine portfolio to the Meredith Corp.,...
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Mayoral hopeful Carrion helped push Peter Fine’s Bronx megaproject, city...
From left: Adolfo Carrion, Borricua Village and Peter Fine Mayoral hopeful and former Bronx Borough President Adolfo Carrion helped affordable housing developer Peter Fine win approval for his $300...
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Amazon set for massive Manhattan space expansion
1350 Avenue of the Americas, which is home to Amazon’s current New York offices Amazon.com is looking for a massive space expansion — anywhere between 300,000 and 500,000 square feet — in Manhattan,...
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Court denies dismissal of suit against law firm at Turtle Bay crane collapse...
The site of the 2008 crane collapse A New York state appeals court refused Tuesday to dismiss a lawsuit brought by Arbor Realty Funding against Herrick Feinstein LLP over allegedly bad zoning advice on...
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Tri-state briefs: Glimmers of hope for Connecticut’s housing market
Hartford’s West End From the February issue: The pace of falling Connecticut home prices has slowed, the Hartford Courant reported. Hartford County asking prices in 2012 fell 1.6 percent from 2011,...
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Numbers to Know: foreclosures, tourists, the G train … and more
Inset: Mayor Michael Bloomberg “Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Foreclosures’ effect on crime, Bloomberg’s fight...
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No strip joints for “Big Daddy” commercial broker
Lou Posner Commercial real estate broker and former strip club manager Lou Posner won’t be able to set foot in another strip joint for two years, the New York Post reported. A Manhattan state judge has...
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JCPenney takes space at Related’s Gateway II
From left: JCPenney’s Ron Johnson, a rendering of Gateway II and Related’s Stephen Ross The Related Companies has signed on the discount retailer JCPenney for a 20-year lease at its massive Gateway II...
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Spinola says Quinn recognizes importance of business, the Abingdon sells out...
The interior of an Abingdon unit (source: Curbed) 1. Using Hurricane Sandy as a negotiating tool, California developer snags West Village home for $1 million below market price [NYP] 2. Construction is...
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Marcos Cohen, Leonard Steinberg team win big at Douglas Elliman annual awards
Clockwise from left: Marcos Cohen, John Gomes and Fredrik Eklund, the Alexander team including Alexander Bank, Tal Alexander and Oren Alexander with Elliman President Dottie Herman and Cohen Douglas...
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Aby Rosen’s RFR lists 980 Madison
From left: Aby Rosen and 980 Madison Avenue RFR Realty has listed its block-long commercial property at 980 Madison Avenue, Crain’s reported. The sale could possibly fetch $100 million or greater, due...
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Azad sues former Soho retail owners over failed Vornado bid
131-137 Spring Street The former owners of 131-137 Spring Street are facing up to a $6.75 million lawsuit from Azad Property Group, a commercial brokerage that claims it arranged a deal for Vornado...
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Top stories
Top stories yesterday on The Real Deal: 1. HFZ near deal for 350K square foot NoMad project 2. Keystone to build luxury condo in West Village 3. Amazon set for massive Manhattan space expansion
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UES townhouse sells for $24.5M, LoMa gets back weekend PATH service … and more
Mural at Nu Hotel (Image c/o Steven Weinberg studio) 1. Upper East Side townhouse finally sells for $24.5 million [NYO] 2. Have shipping containers, will build home [DNAinfo] 3. 30-year-fixed rate...
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City unveils details of Midtown East rezoning
Midtown East The city is moving forward with its proposal to rezone Midtown East, and will kickstart the official six-month public review process in early April, Crain’s reported. At a presentation...
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Durst’s Pier 40 proposal financially risky, study says
From left: Douglas Durst and Pier 40 Douglas Durst’s proposal to create new office and retail space at Hudson River Park’s Pier 40 development could be financially riskier than a community plan to...
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Soho PH belonging to Alicia Keys and Swiss Beatz in contract for $15M
Alica Keys, Swizz Beatz, 30 Crosby Street and the triplex penthouse A penthouse at Soho’s 30 Crosby Street belonging to singer Alicia Keys and husband Swiss Beatz has entered into contract for $15...
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Residential development: Building up momentum
From the 2013 Data Book: After a number of years in which the pipeline of new residential development projects thinned dramatically, 2012 saw an emphatic return of approved projects that are getting on...
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Lincoln Square sees residential surge
Lincoln Square apartments Lincoln Square on the Upper West Side has seen a surge of new residential development, and will add over 1,000 rental apartments over the next few years, the Wall Street...
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