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Olivier Sarkozy’s East Village love nest listed for $7M

From left: Mary-Kate Olsen, Olivier Sarkozy, 123 East 10th Street Olivier Sarkozy, half-brother of the ex-French president, is selling his 19th Century East Village rowhouse at 123 East 10th Street,...

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Nolita landlords’ private eye nabs tenant in short-term rental biz

246-252 Mott Street and 250 Elizabeth Street Two Nolita landlords hired a private eye posing as a tourist to catch a tenant they suspected of illegally renting out her apartment to strangers, shelling...

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Lender TruFund breaks from parent Seedco, makes plans for lending increase

TruFund headquarters at 915-919 Broadway TruFund Financial Services, formerly known as Seedco Financial Services, has emerged from a difficult period and is stepping up lending this year, having...

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Rentals in demand: East Village, one-bedrooms

The East Village was the most in-demand neighborhood for tenants looking for a rental apartment in Manhattan in the last week, according to data from apartment listings website Zumper. Rounding out...

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Only $8.3M per bedroom? Trump Park Avenue combination unit seeks $25M

Clockwise from left: Trump Park Avenue, Emilie O’Sullivan and Kathy Slattery (both of Corcoran) A three-bedroom stitched together from three separate apartments at the Trump Park Avenue at 502 Park...

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Time Warner Center PH hits the market for $75M

From left: Brenda Powers (seated), Elizabeth Sample, 25 Columbus Circle The 78th floor penthouse of the Time Warner Center, which last sold four years ago for $37.5 million, is back on the market for...

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Kate Spade expands at Morgan Stanley’s 2 Park Ave.

From left: David Falk, 2 Park Avenue and Kate Spade Women’s apparel designer Kate Spade New York is taking another 39,300 square feet at Morgan Stanley Real Estate Fund’s 2 Park Avenue, bringing its...

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Long Island College Hospital to close as legal fight rages on, Chris Rock...

Long Island College Hospital (credit: Flickr), inset: Chris Rock 1. Long Island College Hospital set to close today as legal fight rages on [NYT] 2. Chris Rock could be your landlord — for $7,950 a...

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East End sales buoyed by East Hampton, Montauk

East Hampton The Hamptons saw a boost in home sales in the second quarter of 2013, led by a 27 percent jump in transactions in East Hampton and a whopping 35 percent jump in Montauk, according to a...

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Catsimatidis’ mayoral rival was once his buyer and borrower

From left: George McDonald, 232 East 84th Street, John Catsimatidis The real estate link between George McDonald and John Catsimatidis, two New York City mayoral candidates, is one of creditor and...

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Richard Gere lists Hamptons estate for $65M

Actor Richard Gere has listed his 6.3-acre estate in North Haven, N.Y. for a whopping $65 million, Curbed reported. The 1903 Hamptons property, known as Strongheart Manor, is listed by Linda Haugevik...

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Office tower planned for site of West Chelsea lumber yard

A new $80 million glass office tower is coming to the corner of West 15th Street and Ninth Avenue, a site currently occupied by the well-known lumber yard Prince Lumber, DNAinfo reported. The new...

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Financial firms lease at 510 Madison in pair of deals

From left: Paul Amrich, 510 Madison Avenue, David Hollander Two more financial firms are taking up residence at 510 Madison Avenue, shelling out nearly triple-figure rents, Crain’s reported. Canada...

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Rebounding housing market leaves first-time buyers behind

Mizuho’s Steven Ricchiuto, NAR’s Dale Stinton The housing market is recovering, but first-time buyers are increasingly being left out of it, the Wall Street Journal reported. Typically couples in their...

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Join TRD’s third annual Hamptons golf tournament

The Real Deal’s 3rd Annual Golf Outing Come tee off with The Real Deal at our 3rd Annual Hamptons Golf Tournament, to be held on Monday, Aug. 12 at the Baiting Hollow Golf Club in Baiting Hollow, N.Y....

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This month in real estate history

From the July issue: 1970: Poverty drives down Bronx values For the first time in 25 years, the city’s assessed property values declined in one of New York City’s boroughs. Noting the impact of poverty...

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Fischer Mills penthouse in Tribeca doubles value in three years, UBS settles...

Penthouse at Fischer Mills building, at 62 Beach Street 1. Penthouse at the Fischer Mills building in Tribeca doubles value — to $13.75 million — in 3 years [NYO] 2. UBS settles with mortgage regulator...

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New Soho location clicks for computer mouse inventor IDEO

From left, IDEO’s Tim Brown, 408 Broadway IDEO, the innovation and design consultancy firm that invented the computer mouse in the 1980s, is moving several blocks south of its current Soho location to...

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Johnson & Johnson heiress sells mysterious Trump Int’l Tower penthouse for $22M

From left: Libet Johnson, 1 Central Park West Libet Johnson, the Johnson & Johnson heiress, apparently owned a mysterious unit at the Trump International Tower, where she also listed a condo in...

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Empire State Realty Trust building closes 65K sf leasing deal

From left: Anthony Malkin, One Grand Central Place and William Cohen One Grand Central Place, the second-largest building in Malkin Holdings’ proposed Empire State Realty Trust, has signed research...

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