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Red Hook townhouse’s $2M ask may set record, Lehman to sell major shares of...
Max Fish 1. Townhouse at 386 Van Brunt Street asking $2.15 million could set a Red Hook record if sold [NYO] 2. Lehman Brothers to sell millions of shares of AvalonBay and Equity Residential [Housing...
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Bonjour Capital takes over Bed-Stuy rental building stalled for last six years
From left: Eric Goldberg of Olshan Frome Wolosky, 333 Greene Avenue Bonjour Capital has finally closed on a long-stalled Bedford-Stuyvesant apartment complex that has been the subject of much dispute,...
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Airbnb users fear lost profit after court decision
Airbnb’s founders Apartment dwellers who use Airbnb to rent out their rooms are worried they’ll lose out on the extra income, following a court decision this week that upheld a $2,400 fine against an...
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Clinton Hill manse asks record $4.88M: PHOTOS
From left: 407 Vanderbilt Avenue and Arina Yakobi of Douglas Elliman It’s a trophy property if there ever was one. A stately mansion hit the market in the Clinton Hill area asking a whopping $4.88...
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Disney taps Thor High Street as broker of new Florida retail and restaurant...
A rendering of The Landing, part of Disney’s new Disney Springs development From the South Florida site: Disney Co. has selected Thor High Street Advisors as its exclusive broker for the company’s new...
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City Planning releases zoning proposal for building elevation
From left: A Sandy-damaged Rockaways property and City Planning Commissioner Amanda Burden The Department of City Planning this week released its post-Sandy building-elevation plan that calls for...
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CORE out, Elliman in at Walker Tower
Elliman’s Susan de Franca and a unit at Walker Tower JDS Development said today that Douglas Elliman will take over as the exclusive marketer at Walker Tower, bumping CORE from the assignment. The move...
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Blaichman secures quick $23M sale of Tribeca lot
From left: Michael Barry, 87 Chambers Street and Charles Blaichman Updated, 3:39 p.m., May 24: Charles Blaichman’s CB Developers has sold a Tribeca development site to Hoboken, N.J.-based Applied...
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Witkoff, Lorber and Fisher pay $200M for St. John’s campus
From left: Steve Witkoff, Winston Fisher and 101 Murray Street St. John’s University today announced an agreement to sell its satellite Tribeca building at 101 Murray Street to a joint venture of...
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HFZ sued by former developer of Turtle Bay site
HFZ’s Ziel Feldman and a Halcyon rendering (Source: BuzzBuzzHome) Developer James Kennelly filed suit Wednesday against HFZ Capital Group and Arbor Realty Funding, alleging the development firm and the...
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Former flight attendant touches down at Bond New York
From left: April Purdy, as a flight attendant and as an agent, and an interior at one of her listings Many New York sales agents have come to the business of real estate from a wide range of other...
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Carnegie Hill duplex penthouse asks $17M, Trump wins hotel lawsuit against...
1158 Fifth Avenue 1. Duplex penthouse at 1158 Fifth Avenue known for its conservatory asks $17 million [NYT] 2. Eighty-seven-year-old woman loses suit against Donald Trump over Chicago condo deal...
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Top residential agents of the week
From left: Serena Boardman and 812 Park Avenue 1. $8,500,000, Serena Boardman of Sotheby’s International Realty, unit 5/6D at 812 Park Avenue. From left: Lorraine Ding, Michele Gershwin and 101 Central...
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Happy Memorial Day!
Happy Memorial Day In honor of Memorial Day, we won’t be posting on Monday (but we’ll keep our eyes peeled for breaking news). Enjoy some time barbecuing in the sun — but don’t forget to check back...
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WTC PATH hub retail could see rents of $550/sf
A rendering of the WTC PATH hub Updated, 12:43 p.m., May 28: Retail rents in the Port Authority of New York and New Jersey’s $3.74 billion underground World Trade Center transportation hub could...
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Durst taps into green card fever
A rendering of 625 West 57th Street The Durst Organization is looking to entice wealthy foreigners to invest in two high-profile Manhattan projects through a visa program that would reward their...
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This month in real estate history
Lord and Taylor on Fifth Avenue From the May issue: 1909: Record sale price for future Lord & Taylor home Two brothers paid a record price for a corner lot on Fifth Avenue that ultimately created...
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Peter Madoff’s former Long Island home lists for almost $4.5M
34 Pheasant Run in Old Westbury and Peter Madoff (Property photo via Zillow) The former Long Island mansion of Peter Madoff, the younger brother of Ponzi schemer Bernard Madoff, has hit the market...
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S&P home prices rise 10.9 percent, beating expectations
S&P/Case-Shiller home price indices (Credit: S&P Case-Shiller via S&P Dow Jones indices and CoreLogic) The 20-city S&P Case-Shiller house price index for March climbed 10.87% on the...
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WSP Group brings “integrated design” to NYC projects
David Cooper of WSP Group After consolidating its four U.S.-based businesses last month, London-based global engineering firm WSP Group plans to bring a new focus on integrated design to several New...
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