Good-bye, mortgage contingencies: tight inventory leads buyers to risk their...
From the April issue: So long, mortgage contingency. With lack of inventory creating conditions reminiscent of the real estate boom, many buyers are waiving the clause in a purchase contract that...
View ArticleJudge denies developer’s bid to toss Azure crane collapse suit
Joseph Mattone and the Azure A New York State Supreme Court judge has denied the Mattone Group’s motion to dismiss a wrongful death suit filed by the father of a construction worker killed in the 2008...
View ArticleMaryAnne Gilmartin to focus on Queens and MetroTech as Forest City Ratner...
An interior of a carriage house for sale in Brooklyn Heights 1. George Soros’ son lists Little Italy townhouse for $12M — and stands to make $100 [Curbed] 2. MaryAnne Gilmartin, now CEO of Forest City...
View ArticleArtist Marina Abramovic buys Hudson Square home
Marina Abramovic and interior images of her new home The artist is present…at 330 Spring Street. Serbian performance artist Marina Abramovic, who once claimed that “art should be disturbing,” purchased...
View ArticleFollow #TRD10 tonight
Tonight, The Real Deal is celebrating our tenth anniversary from a top secret — but assuredly swanky — location in the Meatpacking District. Check out @trdny for an inside look at the festivities....
View ArticleHersha gets $55 million in financing for Hyatt Union Square
Rendering of the Hyatt Union Square Hotel Hersha Hospitality Trust has completed a $55 million floating rate loan provided by Natixis Real Estate Capital for its Hyatt Union Square Hotel, Cushman &...
View ArticleNumbers to Know: Bargain-hunting in Yorkville, soaring prices in Soho/Tribeca...
Row of Soho Buildings “Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Yorkville apartments are a steal, Soho/Tribeca ones are...
View ArticleCity extends Coney Island amusement operator’s lease to compensate for Sandy...
Coney Island Thrill seekers and cotton-candy enthusiasts at Coney Island can look forward to seven extra years of revelry. Citing a need to compensate the neighborhood’s amusement operator, Zamperla...
View ArticleBrooklyn Bridge Park theater warehouse revealed
From left: the Tobacco Warehouse, a rendering of its redesign (source: Curbed) and architect Jonathan Marvel An overhauled Tobacco Warehouse in Brooklyn Bridge Park will include a “flexible performance...
View ArticleMajor office tenants pledge to cut energy consumption by 30%
11 Times Square and 200 West Street Ten large Manhattan office tenants have committed to lowering their energy consumption by 30 percent over the next ten years, Crain’s reported. The pledge will...
View ArticleReal estate unplugged: Why do brokers forgo the latest technology?
From the April issue: These days, a bewildering array of new real estate — related technologies, from iPads to “virtual staging,” are all but essential to doing business in New York. Or are they? Some...
View ArticleBizzi to convert 101 Leonard to condos
From left: the Leonard and Davide Bizzi of Bizzi & Partners Italian developers Bizzi & Partners are building a 66-unit condominium conversion at 101 Leonard Street in Tribeca, BuzzBuzz Home...
View ArticleRKF tapped to lease South Street Seaport redevelopment, Bowery added to...
The Bowery 1. RKF tapped to handle leasing at South Street Seaport redevelopment [NYO] 2. Good fences make good neighbors — except in Southampton, where post-Sandy barricades have residents up in arms...
View ArticleTop developers will discuss local market at The Real Deal’s South Florida...
Clockwise from left: Eric Trump, the Miami skyline, Carlos Rosso The Real Deal will launch its spring 2013 South Florida Market Report, an in-depth look at all aspects of real estate in the region,...
View ArticleNotorious Bronx landlord pays $22M for apartment building trio
3605 Sedgwick Avenue Chestnut Holdings has paid $22 million for a trio of residential buildings in the Bronx, according to city records filed today. The deal for the properties in the Jerome Park...
View ArticleGovernment panel: Mortgage REITs threat to financial system
Jacob Lew A government regulatory panel is targeting mortgage real estate investment trusts as a potential risk to the U.S. financial system, the Wall Street Journal reported. The Financial Stability...
View ArticleBanks increasingly issuing equity lines, second mortgages
Using your home as an ATM is no longer a financial option, but the tools that allowed owners to pull out massive amounts of money during the boom years — equity credit lines and second mortgages — are...
View ArticleThe Donald triumphs at trial over clothing royalties
Donald Trump A New York State Supreme Court Judge has ruled in favor of real estate mogul Donald Trump in a case centered on royalties for the Donald J. Trump Signature Collection, the real estate...
View ArticleArchitecture review: St. Nicholas apartments a tasteful return to an earlier...
A rendering of the St. Nicholas Park Apartments in Harlem As more and more New York City developers these days favor the neo-modern and deonstructivist idioms, it appears as though Manhattan itself is...
View ArticleThe Real Deal celebrates its 10th anniversary with Gansevoort hotel fête: PHOTOS
Some 420 guests gathered at TOY Restaurant in the Gansevoort Meatpacking NYC Hotel on Wednesday night to help The Real Deal celebrate our 10th anniversary. The two-level space was packed with New York...
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