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Jonathan Butler’s Crown Heights commercial complex begins leasing today
From left: Jonathan Butler, exterior and interior of 1000 Dean Street Office leasing kicked off today at 1000 Dean Street, the 140,000-square foot commercial complex in Crown Heights jointly developed...
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Manhattan building sales rise in first half of 2013
From left: 550 Madison, 1546 Second Avenue and 767 Fifth Avenue Manhattan saw a year-over-year increase in the number of investment properties sold during the first half of 2013 but, because some...
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Publisher Reed Elsevier to take 71,000 square feet at Invesco’s Helmsley...
The Helmsey Building at 230 Park Avenue and Invesco’s Martin Flanagan (inset) (Photo: Evan Joseph) Reed Elsevier, the London and Amsterdam-based publisher of LexisNexis, is on the verge of signing a...
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Grand Street retail building is latest to test LES market
314 Grand Street, Michael DeCheser (inset) Hot on the heels of a three-building portfolio sale on the Lower East Side last week, a four-story commercial building at 314 Grand Street, between Allen and...
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This month in real estate history
The Plaza From the July issue: Real estate developer Donald Trump sold the iconic Plaza Hotel for $325 million 18 years ago this month. The sales price represented a major loss for Trump and his...
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Saks’ new owner may turn retailer into a REIT, Carroll Gardens condo sale...
277 President Street in Carroll Gardens 1. Saks’ new owner Hudson’s Bay Company may turn retailer into a real estate investment trust [Crain’s] 2. Carroll Gardens condo at 277 President Street that...
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Nearly 200-year old Canal Street buildings set for facelift
321-323 Canal Street (Buildings on the left. Photo credit: PropertyShark.) The days are numbered for the unstable façades of two United American Land-owned buildings that have watched over a portion of...
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City Council candidates must blast REBNY to secure tenant group’s endorsement
From left: Tenant PAC’s Michael McKee, REBNY’s Robert Speyer and Steven Spinola City Council candidates will not get the endorsement of the city’s most influential tenants’ rights group unless they...
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Nordstrom Rack to set up shop in Fulton Street mall
From left: Fulton Street Mall and Nordstrom Rack in Union Square Nordstrom is heading to Downtown Brooklyn’s Fulton Street Mall, set to debut a 41,000-square-foot discount store in the spring of 2014,...
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Citi Habitats consolidates Upper West Side offices
From left: Fabrizio Uberti-Bona, 157 Columbus Avenue, 222 West 72nd Street and 465 Columbus Avenue Citi Habitats is shuttering its two Upper West Side offices in favor of a larger, single location in...
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Ex-Occupy Wall Streeters slam Crown Heights rezoning plan
From left: CB8′s Nizjoni Granville, Park Place and Bedford Avenue in Crown Heights The Crown Heights Assembly, a group of ex-Occupy Wall Streeters that evolved into a housing rights coalition, is...
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Brooklyn investment sales up, as demand for development sites and industrial...
The investment sales market in Brooklyn was lively in the first half of the year, mimicking the robust environment in Manhattan, according to the second quarter sales report for the borough from...
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Coney Island doc “Zipper” takes aim at Sitt, Bloomberg: review
From left: The Zipper and owner Eddie Miranda The Zipper, a carnival ride one that once operated in Brooklyn’s Coney Island, was constructed with the bars just wide enough apart so that patrons’ change...
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Malkin inks law firm to 10-year deal in trophy tower
From left: Anthony Malkin and One Grand Central Place Malkin Holdings, the firm that controls 1 Grand Central Place, has signed a 10.5-year lease with law firm Hafetz Necheles & Rocco to take the...
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July 2013 Crossword
From the July issue: This month’s crossword puzzle is live on our website. You can get hints and see how fast you are with an on-screen stop watch in the interactive version. Click here or above. –TRD
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Howcast co-founder buys Soho pad for $6.5M, five-story building to replace...
418 10th Street in Park Slope, one of the cheapest townhouses for sale in Brooklyn 1. Howcast co-founder buys Soho pad at 56 Crosby Street for $6.5 million [NYO] 2. Five-story building at 54 MacDougal...
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Heddings Property shrinks Manhattan space, following closures of suburban...
Douglas Heddings and 119 West 23rd Street Along with a new company philosophy, Heddings Property Group has new, pared-down digs. The residential brokerage moved its offices a few blocks south to a...
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Where in NYC would the royal baby reside?: PHOTOS
The Duke and Duchess of Cambridge and Prince George Though his Royal Highness Prince George of Cambridge will always see Kensington Palace as home, one would imagine that the third in line to the...
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Third broker swap at Mayflower House this year
From left: Louise Beit (inset), 120 East 71st Street and Carrie Chiang (inset) The owners of the so-called Mayflower House, a historic townhouse at 120 East 71st Street, are having trouble finding a...
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