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Hampshire’s Dream Hotel refinanced for $100M
The Dream Hotel Ladder Capital, the commercial real estate finance company, has provided $100 million to refinance the formerly distressed Dream Hotel in Midtown, The Real Deal has learned. Jay Stein,...
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Can Mitchell, Maxwell & Jackson survive?
MMJ’s founders, Jeffrey Jackson, left, and Steven Knobel deny wrongdoing in connection with a lawsuit filed against them, but acknowledge that the firm is struggling From the March issue: Unlike...
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New condos, old facade to rise at 74 Grand
Renderings of 74 Grand New condos could soon rise from the site of a demolished cast iron building at 74 Grand Street in Soho, Curbed reported. Just days ago, developer Joshua Holmes bought the land...
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Herald Center to see $50M upgrade
Herald Center and a rendering of the building after its $50M renovation Herald Center, between Manhattan Mall and Macy’s in Herald Square, is about to get a $50 million face lift, the New York Post...
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Gaming company Alloy Digital inks Midtown lease
Alloy Digital’s Barry Blumberg and 498 Seventh Avenue Gaming and entertainment provider Alloy Digital has inked a 29,416-square-foot lease in Midtown on the 19th floor at 498 Seventh Avenue, according...
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Chetrit sues former Hotel Chelsea owners for $4M
Joseph Chetrit, a rendering of the renovated Hotel Chelsea and Stanley Bard Chetrit Group head Joseph Chetrit is suing the former owners of the Hotel Chelsea, Chelsea 23rd Street Corporation, for $4.15...
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Dormant Park Slope project back in action
701 Union rendering The long-stalled Park Slope residential development at 701 Union Street has resumed construction with a new architect and a new building permit in place, Brownstoner reported....
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Paramount taps JLL to market Midtown office tower
JLL’s Frank Doyle and 1325 Avenue of the Americas Paramount Group has hired Jones Lang LaSalle to market its 786,000-square-foot office building at 1325 Avenue of the Americas, the brokerage said...
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A-Rod checks out Ichiro Suzuki’s former pad
Ichiro Suzuki and Alex Rodriguez In the latest chapter of his apartment hunting saga, Yankees player Alex Rodriguez was spotted checking out baseball superstar Ichiro Suzuki’s former apartment in the...
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Sterne Agee leases another floor at 277 Park
277 Park Avenue (credit: PropertyShark) Financial services company Sterne Agee has increased its New York office space at 277 Park Avenue by 50 percent, Crain’s reported. Stern Agee initially leased...
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Follow TRD on Twitter
Follow TRD on Twitter The Real Deal‘s Twitter feed is the go-to source for real estate insiders on the move. Follow @trdny for a constantly-updated look at the latest in real estate news, play-by-play...
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Winick Realty expands to Long Island
Noel Caban From the March issue: Following the November opening of its first New Jersey office, commercial brokerage Winick Realty Group continued its regional expansion with the launch of a Long...
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Finale’s liquor license denied, ex-Bond broker who jumped in tiger den pleads...
The Printing House at 421 Hudson Street 1. Curtains for Finale? Community Board 3 rejects liquor license for EMM Group nightclub [Lo-Down] 2. Ex-Bond broker who jumped in tiger’s den re-enters guilty...
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Real estate leaders slam scaffolding law
From left: Christopher Jaskiewicz of the Gotham Organization and scaffolding The real estate lobby is pushing to change a law they is outmoded, drives up construction costs and stalls projects, Crain’s...
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LPC undecided on Merchant’s House neighbor
The East 4th Street garage The city’s Landmarks Preservation Commission has postponed a vote on whether to allow a garage adjacent to the landmarked Merchant’s House Museum to be torn down in order to...
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Macro economics meet micro apartments
A micro-unit model on display at the Museum of the City of New York From the March issue: After the proposal that Elisa Orlanski Ours worked on won the Bloomberg administration’s contest to design the...
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Better than expected jobs numbers send interest rates climbing, applications...
The number of mortgage applications for the week ending March 13, 2013 decreased 4.7 percent on a seasonally adjusted basis from one week earlier, the Mortgage Bankers Association announced today. On...
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Pierre hotel penthouse could top market at $120M
Martin Zweig and the Pierre hotel at 795 Fifth Avenue The co-op apartment of Martin Zweig, the late investor who predicted the 1987 stock market crash, is about to hit the market and could bring $120...
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Times Square retail rents skyrocket 42 percent
Times Square Retail rents for Times Square are starting to give Fifth Avenue a run for its money, according to Crain’s. Rates in the tourist hub reached as much as $2,400 a square foot in the fourth...
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City Council panels OK Hudson Square rezoning
Hudson Square Hudson Square moved a step closer today to getting more new housing when two City Council committees approved a controversial proposal by the property arm of Trinity Church to rezone the...
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