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City Council committee discusses co-op bias bill

Alphonse Fletcher Jr. and City Council Member Lew Fidler Following a three-year wait, a City Council committee is holding a hearing today on a bill that strives to end co-op board discrimination, the...

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Park Slope McDonald’s site up for grabs

TerraCRG’s Ofer Cohen and the McDonald’s site Brooklyn’s Fourth Avenue has had its share of ups and downs – the real estate boom saw new towers like the Novo and the Crest sell out, while the crash...

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Data firm inks 25K sf lease at 257 Park Ave. South, Abu Dhabi sheik looks to...

Downtown Brooklyn 1. Data firm inks 25,000-square-foot deal at 257 Park Avenue South [NYO] 2. Judge blocks city’s move to end post-Sandy hotel room shelter program [WSJ] 3. Abu Dhabi sheik looks to do...

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Lien in: Kathy Sloane hit with $700K tax bill

Kathy Sloane, a co-op at 740 Park that she sold for $52.5 million Long plagued by tax troubles, luxury real estate broker Kathy Sloane of Brown Harris Stevens has been slapped with more than $730,000...

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Milstein inks $498M loan with Bank of China

From left: Howard Milstein, 335 Madison Avenue and Bank of China President Li Lihui The Bank of China has inked its second massive loan in a month, this time providing $498 million to an affiliate of...

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State passes overhaul of broker advertising rules

From left: Halstead Property President Diane Ramirez, attorney Neil Garfinkel and Eileen Spinola of REBNY The most significant overhaul of New York agent and broker advertising rules in a generation...

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Zillow, Trulia stocks gain as U.S. housing stabilizes

From left: Trulia CEO Pete Flint and board member Sami Inkinen Real estate-related companies such as Zillow, Trulia and Home Depot are reaping the benefits of a recovering U.S. home market in the form...

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NYC adds small number of construction jobs

Construction employment rose a slight 2 percent in New York City in March, compared to the same period a year ago, according to a release from the Associated General Contractors of America. The...

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Boston Properties focused on investment sales in Q1

From left: Mort Zuckerman and incoming Boston Properties CEO Owen Thomas Boston Properties channeled its energy into investment sales in the first quarter, GlobeSt reported, citing an earnings call...

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Seward Park proposals due Monday, but details will stay hidden to public

Bird’s eye view of parking lots that comprise Seward Park area Proposals for the Seward Park redevelopment site on the Lower East Side are due Monday, and the city intends to choose a developer in the...

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Architecture review: Raphael Vinoly’s 432 Park is the new king of the hill

A rendering of 432 Park Avenue From the May issue: The finishing touches are being placed on Extell Development’s 1,005-foot One57 on West 57th Street. But like the Chrysler Building — which was the...

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Courtney Love’s old Village pad gets price cut

Courtney Love and images of her former 250 West 10th Street home Alternative rocker Courtney Love’s former West Village townhouse rental — from which she was nearly evicted — has undergone a price cut...

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New owner plans to reboot Clearview Chelsea Cinemas, the Alexander penthouse...

The Alexander penthouse in Turtle Bay (Source: StreetEasy) 1. Companies opt for smaller office spaces to create natural icebreakers [WSJ] 2. The Alexander penthouse’s asking price drops by another $1...

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Landlord prevails in NYC court’s first Sandy-related commercial lease decision

Attorney Adam Leitman Bailey, 100 Maiden Lane and attorney Steven Kirkpatrick A New York City judge ruled Monday that the owner of 100 Maiden Lane is not liable for its tenant’s loss of electricity...

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“Sign” on the dotted line: Bond New York’s horoscopes guide buyers, brokers

Astrological signs, the real estate version (courtesy: Bond New York) and Bond co-founder Noah Freedman With real estate – if you’re investing in it, selling it, buying it or renting it – you’re always...

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Glenwood plans to raze UES buildings — another sign that a development is near

Glenwood’s Gary Jacob and the Upper East Side site Glenwood Management has filed demolition permits for two Upper East Side buildings it acquired last month, according to city Department of Buildings...

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Real estate pros make bank at Monopoly fundraiser: PHOTOS

Once upon a time, sources say, real estate bigwigs gathered each year at the Morgan Library in Murray Hill for a friendly round of the board game Monopoly. The ritual was a nod to their profession, as...

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Empire State Building IPO settlement approved

The Empire State Building (inset: Judge O. Peter Sherwood) A New York State Supreme Court judge has approved a $55 million settlement between a group of investors in the Empire State Building and...

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Cushman’s slam dunk: Star NCAA player joins brokerage

Brian Zoubek with teammates From the May issue: An acclaimed basketball player is entering the big leagues … of real estate, that is. Former Duke University center Brian Zoubek, 25, this month will...

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MaryAnne Gilmartin touts housing as signature innovation of Atlantic Yards

MaryAnne Gilmartin and a rendering of a pre-fab tower at Atlantic Yards Forest City Ratner’s soon-to-be CEO MaryAnne Gilmartin said that the Atlantic Yards’ innovative approach to housing – in...

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