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Another stalled Tribeca development makes a comeback
A rendering of the Sterling Mason development in Tribeca Besides 56 Leonard Street, slated to be the tallest building in Tribeca, there’s another notable development project in the neighborhood that’s...
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West 26th St. becoming city’s new restaurant hub, actress Penelope Cruz on...
Sons of Essex 1. West 26th Street becoming city’s new restaurant hub [WSJ] 2. Michael Shah, Matt Levine duke it out over Sons of Essex on Lower East Side [NYP] 3. Condo at 25 Columbus Circle sells for...
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Gretsch condo sales break Wburg price per square foot record
The Gretsch condo and Arina Yakobi of Elliman Three condominium sales at the same 120-unit Williamsburg building have broken neighborhood price-per-square-foot records, Crain’s reported. The sales —...
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Top residential agents of the week
From left: Daniel Hedaya, Wendy Sarasohn, Lisa Lippman, John Burger, Deborah Rieders and Douglas Albert Sources: StreetEasy and The Real Deal. Footnotes: Data is for closed deals filed with the city...
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Developers’ mad dash for land is driving prices sky high
Peter Hauspurgof Eastern Consolidated Property prices are reaching record highs as developers make wild bids to claim available land, Crain’s reported. Eastern Consolidated, for example, had a client...
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Bronx retail market blossoms
Equity One’s Broadway Plaza The Bronx retail market is asserting itself with several new centers that are expected to attract national retailers to the borough, the Wall Street Journal reported. Real...
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Rockaways real estate makes a comeback
Rockaways properties in the immediate aftermath of Hurricane Sandy The Rockaways section of Queens is making a comeback from the whack it took from Hurricane Sandy — both homes sales and summer rentals...
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Muss Development, helmed by a new generation, eyes Manhattan projects
Jason and Josh Muss Jason Muss, the 41-year-old heir apparent of his family’s real estate business, is steering the firm towards Manhattan residential and commercial projects, rather than the outer...
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EPA includes developer’s Red Hook landfill proposal in Gowanus Canal cleanup...
Gowanus Canal The U.S. Environmental Protection Agency recently finalized its Gowanus Canal cleanup proposal and, as Gothamist noted, the plan includes a controversial measure that is pitting Red Hook...
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This month in real estate history
The Martinique Hotel From the April issue: 1923: City bans climbing buildings by “human flies” After a daredevil died in a publicity stunt to promote a silent movie, New York City banned the scaling of...
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Work resumes at Chetrit’s 500 Metropolitan project
From left: Joseph Chetrit, 500 Metropolitan Avenue and Gene Kaufman The Chetrit Group has resumed construction at the stalled 500 Metropolitan Avenue site in Williamsburg, Brownstoner reported. The...
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Times Square set for two new hotels next year, farewell to Meseritz Synagogue...
One World Trade Center 1. Times Square set for two new hotels next year [DNAinfo] 2. Heavy winds push back crowning of One World Trade Center [NYO] 3. Central Park West condo board cracks down on...
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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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DOB issues stop work orders at 12 percent of low-rise construction sites
Robert LiMandri The Department of Buildings has issued 34 full and 75 partial stop work orders as part of a citywide safety inspection of 920 low-rise construction sites, the agency said. The orders...
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DOB fines Elliman, Halstead agents for listing illegal units
Elliman’s Dottie Herman andHalstead’s Diane Ramirez The Department of Buildings is cracking down on illegal apartments by issuing fines to the agents and brokers who list them, the New York Times...
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Bluerock to develop townhouse block on Pacific Street in Brooklyn
Philip Mendlow and 321 Pacific Street (credit: PropertyShark) Five new single-family townhouse properties are coming to Pacific Street in Brooklyn, slated for a summer 2014 completion, the New York...
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70 Pine owners secure $300M construction loan
70 Pine Street and Carl Schwartz The owners of 70 Pine Street secured a $300 million construction loan Friday, allowing them to move forward on converting the office tower, the former headquarters of...
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Despite Midtown East rezoning plan, some “dwarf” buildings to remain among...
465 Lexington Ave. (Source: Google) Roughly two dozen low-rise buildings, some with residents living inside, are scattered throughout the proposed Midtown East rezoning district, the New York Times...
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Watch TRD’s “Building Stories” documentary: VIDEO
Watch Building Stories on PBS. See more from Treasures of New York. For those who haven’t yet seen The Real Deal-produced documentary about the life and work of one of New York’s most prolific...
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