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More One57 buyers revealed — several are apparel magnates
One57 UPDATED, 3:10 p.m., July 24: It’s been about a year and a half since units at One57 went on sale, and it seems that every few months Gary Barnett, the developer of the 1,004-foot-high tower,...
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Download TRD’s mobile app — it’s free
The Real Deal is already the go-to source for New York City real estate news. But what about when you’re on the go? Download TRD’s free mobile app, available now in the Apple iTunes store and through...
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Two UES Muss Development parcels on the market for $80M
1558 3rd Avenue, 180 East 88th Street Muss Development, a landlord in Brooklyn, Queens and Manhattan, is sending two contiguous parcels it owns on the Upper East Side to the auction block in a deal...
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Stellar hit with suit to halt merger of Soho office buildings
From left: Laurence Gluck, 161 Sixth Avenue, 233 Spring Street and Steven J. Cohen Stellar Management’s plans to combine two Soho office buildings into one sizable tower have hit a roadblock: A tenant...
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This month in real estate history
Bergdorf Goodman From the July issue: 1927: Vanderbilt Fifth Avenue mansion sells for $6.6M Eighty-six years ago this month, a developer with plans to build the future home of the luxury department...
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Equinox gym beefs up Manhattan presence at Brookfield Place, Joe Sitt buys...
L.A. Reid’s Sagaponack home 1. Equinox gym takes 35,000 square feet at Brookfield Place in the Financial District [Crain’s] 2. Joe Sitt pays $343 million for trophy building in Paris [Financial Times]...
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Fredrik Eklund’s nuptials to air on MDLNY tonight
Fredrik Eklund and Derek Kaplan Million Dollar Listing New York star Fredrik Eklund’s nuptials to Zimbabwe-born Derek Kaplan will air tonight on the latest episode of the Bravo TV series — and it’s...
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NYC’s high-end co-ops, condos taxed well beneath market value, study finds
From left: 263 West 93rd Street on the Upper West Side and 35-41 80th Street in Jackson Heights Some of New York City’s most valuable properties in high-cost neighborhoods are consistently undervalued...
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Heatwave in the Hamptons: Q2 home sales almost double since winter slump
Luxury sales prices in the Hamptons and North Fork (credit: Corcoran Group) The Hamptons, like the weather, is experiencing a heat wave. The number of home sales, as well as prices, rebounded with...
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Grand Central Terminal owner revealed as bidder for Malkin headquarters at...
From left: Andrew Penson and a photo of One Grand Central Place Property owner Andrew Penson has been unmasked as the source of a $710 million bid to purchase One Grand Central Place, a Malkin...
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Urban Compass nabs Jason Saft, second Citi Habitats alum to join tech startup
Gordon Golub, first to an executive post at a real estate-themed start-up, and Jason Saft Jason Saft, a Town Residential broker, has followed his former Citi Habitats colleague Gordon Golub to an...
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Chelsea development site trades for $35M; zoning allows for office tower
From left: Brock Emmetsberger, 132-142 West 27th St, James Nelson A 120-foot-wide Chelsea parking lot primed for the development of a commercial office tower has traded for $35 million in a deal that...
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Google chairman spends millions to soundproof Flatiron PH
Eric Schmidt, 31 West 21st Street Google chairman Eric Schmidt is spending millions of dollars to keep his supposedly womanizing ways under wraps in a Flatiron District penthouse at 31 West 21st...
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Ad firm Droga5 heads to Lower Manhattan, inks 15-year deal
From left: Droga5 CEO Sarah Thompson, 120 Wall Street Advertising firm Droga5 is leaving Midtown for the less-expensive Downtown, having inked a deal to lease 92,000 square feet at 120 Wall Street for...
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By the numbers: The final tally on Sandy’s fallout
Hurricane Sandy flooding From the July issue: It's been eight months since Hurricane Sandy touched down in New York City. Now the numbers about the epic storm are in. Read on to find out if your home...
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Jeff Sutton’s $14M Soho deal collapses
Jeff Sutton, 119 Spring Street in Soho A former joint venture partner of developer Jeff Sutton claims in a new lawsuit that the owners of a Soho co-op building refused to sell them the retail space for...
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Toll Brothers’ potentially obstructive 1110 Park Avenue gets a rendering,...
One of 10 suites at Versace’s former Miami home, at 1114 Ocean Drive 1. Park Slope mixed-use building at 76-82 St. Mark’s Avenue sold for $15 million [NYO] 2. Owners of Versace’s Miami mansion expect...
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Manhattan on track to become landlord’s market: SL Green
From left: Marc Holliday and Stephen Green (Photo by Steve Friedman) Manhattan is well on its way to once again becoming a landlord’s market, with a growing number of small high-end deals, a declining...
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Nolita tenant accused by her own lawyers of fudging facts in short-term...
From left: 250 Elizabeth Street, Ken Podziba Amy Parness, the Nolita tenant whose landlord accused her in court of raking in $500,000 by illegally subletting her apartment to scores of short-term...
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In effort to glam up ordinary units, developers rebrand condos as “mansions”
From left: 607 Hudson Street, 11 East 68th Street and 36 Bleecker Street Manhattan’s new “mansions,” it turns out, are not really even mansions at all. New York City developers are increasingly...
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