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Dumbo Clocktower unit knocks $7M off initial price
Images of the clocktower penthouse Time has not been kind to the penthouse at the Clocktower, the Two Trees Management condominium project in Dumbo. After coming on and off the market for nearly four...
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REBNY “ingenious deal” nominees run the gamut of commercial brokerages
REBNY’s Steve Spinola and Newmark’s Barry Gosin In advance of the Real Estate Board of New York’s annual “Most Ingenious Deal of the Year Awards” ceremony April 23, the trade association has released a...
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Guess who’s coming to dinner?
From left: Craig Gambardella and Greg “Nappy” Napolitano on the TV show “Bobby’s Dinner Battle.” From the March issue: Real estate attorney Craig Gambardella has always loved cooking, which he learned...
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Sternlicht says NYC to see glut of luxe housing, inevitable eatery named...
The Rawhide (source: Vanishing New York via Time Out New York) 1. Barry Sternlicht says he worries about glut of high-end housing in New York City [WSJ] 2. An eatery actually named Harlem Shake will...
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Planning for the worst: LiMandri says city prepping for 27-inch water rise
From left: DOB Commissioner Robert LiMandri and an aerial shot of Hurricane Sandy The City of New York is prepping for a 27-inch water level rise by 2050, according to Department of Buildings...
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Barnett praises Christine Quinn at AREW luncheon
Gary Barnett and AREW President Lina Telese Christine Quinn is emerging as the favorite mayoral contender among real estate professionals, if the donations to her (still unofficial) campaign are to be...
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Navy Yard’s old ammo depot to get $80M renovation
Building 77 The Brooklyn Navy Yard’s biggest building, a 16-story former ammunition depot with two-foot-thick walls, will undergo an $80 million transformation to house a high-tech company, New York...
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Sony taps CBRE’s Mary Ann Tighe to find new home
Mary Ann Tighe and 550 Madison Avenue Sony is hunting for a slightly smaller home now that Joseph Chetrit has plunked down $1.1 billion to buy its headquarters at 550 Madison Avenue, the New York Post...
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DDG reveals new Chocolate Factory plans
325 West Broadway [source: DDG Partners]DDG Partners has unveiled new design plans for its Soho condominium conversion at 325 West Broadway, which now features a cast aluminum facade, Curbed reported....
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Retail tenants on side streets get incentives
From left: Faith Hope Consolo, a side street in Manhattan and Robin Abrams Landlords in Manhattan’s busier retail districts are asking sky-high rents – and getting them – but their counterparts in the...
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Pols seek FEMA relief for Knickerbocker tenants
Knickerbocker Village Local politicians have written to the Federal Emergency Management Agency, urging them to reverse a decision denying aid to some tenants of the Lower East Side’s Knickerbocker...
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Hudson Square space “In Demand” as entertainment company re-signs for 50K feet
From left: 345 Hudson Street and an aerial view of the Hudson Square area, set to be rezoned iN DEMAND, the entertainment company that pioneered the delivery of video and television content on an “on...
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Artists sue to reverse 150 Wooster demo ruling
150 Wooster Street at center A group of Soho artists have filed a lawsuit against the city Landmarks Preservation Commission demanding that the agency reverse an October decision allowing a developer...
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Tenants at 143 Ludlow claim landlord driving them out with unsafe conditions
Harvey Epstein of the Urban Justice Center and 143 Ludlow UPDATED, 4:06 p.m., Mar. 6: Residents of 143 Ludlow Street have sued their landlord, Samy Mahfar of SMA Equities, alleging that the developer...
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Related nabs former AREA exec for new role
From left: Related CEO Jeff Blau, Related EVP John Jacobsson and a rendering of the Hudson Yards project The Related Companies has hired John Jacobsson, a managing partner and veteran of AREA Property...
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Sam Chang sells Hudson Square lease to hotel investor for $50M
2 Renwick Street and Sam Chang (inset) Sam Chang’s McSam Group has sold the lease on a development site in Hudson Square to Eagle Point Hotel Partners, a New-York based hotel investment firm, for just...
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Cliff’s notes: New book from veteran broker aims to “elevate” the profession...
From the March issue: Corcoran Group broker Patricia Cliff once found a dead body inside a home she was hoping to sell. “Each time you pass the threshold of a home, it is a complete adventure,” the...
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Sandy hit low-income tenants hardest, Transwestern gets first NYC leasing...
Interior shot of a $23 million Malibu listing (source: Jeff Elson via Forbes) 1. Two new studies show that Sandy hit low-income renters hardest [Crain’s] 2. Transwestern gets first New York City...
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Goldman unleashes 300,000 sf on Jersey City sublease market
30 Hudson Street at center Goldman Sachs has listed approximately 300,000 square feet of its Jersey City office space for sublease, Crain’s reported. The space comprises the top eight floors of the...
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Businesses spent $62M to lobby for projects in 2012
A blueprint of the Flushing Meadows-Corona Park soccer stadium in Queens Lobbyists received a heady $62 million in 2012 to influence New York City government, with Major League Soccer shelling out the...
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