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Hallets Point welcomes $1B luxury development
Aerial view of Hallets Cove, Queens Hallets Point, the poorest neighborhood in Queens, will likely see a new luxury housing project take shape along the East River within the next year. And in a...
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Huge condos coming to small Leonard Street lot
24 Leonard Street Developer Charles Dunne, the pharmaceutical guru-turned-developer behind the 33 Vestry Street condominiums, has filed plans for another boutique residential project in Tribeca. Dunne,...
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Knickerbocker Village tenants fight to stay in larger apartments
1749-1763 Second Avenue A group of low-income Knickerbocker Plaza tenants are fighting against efforts by the city’s Department of Housing Preservation and Development to move them into smaller units...
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16-unit rental to rise at Clinton Hill’s 596 Washington Ave
Renderings of 596 Washington Avenue A 13,103-square-foot, 16-unit rental is slated to rise at 596 Washington Avenue, just on the Clinton Hill and Prospect Heights line in Brooklyn. The spot will also...
View ArticleS&P calls for greater investor safeguards in debt-related eminent domain
The use of eminent domain to seize debt to help borrowers could lead ratings firm Standard & Poor’s to demand greater protections for investors. Eminent domain, of the type being proposed in...
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City to tear down dozens of Sandy-damaged homes
From left: Staten Island Congressman Michael Grimm and 774-776 New Dorp Lane The city will demolish dozens of Hurricane Sandy-damaged homes in Staten Island and Queens. Neighbors have complained about...
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Meadowlands snagging deals for major retail flagships
Renderings of the American Dream Meadowlands in East Rutherford, N.J. A massive entertainment complex in East Rutherford, N.J., now dubbed American Dream Meadowlands, is on the brink of major deals...
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Clock is ticking for Swatch on Fifth Avenue
Retail at 666 Fifth Avenue The popularly-priced watch store Swatch Group put its location at 666 Fifth Avenue on the market with an asking price of $2,500 per square foot, sources said. The Swiss-based...
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Jehovah’s Witnesses signs come down at 117 Adams Street, NYC’s vanishing...
117 Adams Street, sans Jehovah’s Witnesses signs 1. Dumbo’s 117 Adams pulls down Jehovah’s Witnesses signs in advance of sale [Dumbo NYC] 2. America’s most overvalued and undervalued housing markets...
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Chetrit, Bistricer sell Hotel Chelsea stake to King & Grove
222 West 23rd Street and King & Grove’s Ed Scheetz The historic Hotel Chelsea has changed hands yet again. The 222 West 23rd Street property, purchased by developer Joseph Chetrit a mere two years...
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FreshDirect, Denihan form room service venture
From left: 150 East 34th Street and 42 West 58th Street FreshDirect is teaming up with Denihan Hospitality Group to stock guest refrigerators with microwaveable gourmet meals, snacks, fruit and other...
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Elad’s top sales exec leaves for freelance consulting
From left: current Elad CEO Udi Erez, the exterior and interior of 250 West Street Elad Group, the developer behind one of New York City’s most talked about – and most fraught — projects of the last...
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Architect’s Astoria townhouse asks sky-high $2M
25-92 36th Street Architect Jorge Bosch has listed his three-unit Astoria townhouse for $2 million — a hefty pricetag for the affordable nabe. Bosch purchased the home at 25-92 36th Street back in 2007...
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City Council candidates face back-rent judgments
From left: Joyce Johnson, Robert Cornegy and Olanike Alabi Four City Council contenders — Joyce Johnson, John Whitehead, Robert Cornegy and Olanike Alabi — stand accused of owing tens of thousands of...
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Chetrits, King & Grove break up hotel partnership
A rendering of the proposed restoration of the Hotel Chelsea The split between the Chetrit Group, one of New York City’s most powerful real estate families, and boutique hotel brand King & Grove...
View ArticleJonathan Miller says don’t panic until mortgage rates hit 5 percent: VIDEO
Rising mortgage rates are no reason to panic. So said Jonathan Miller, president and CEO of appraisal firm Miller Samuel, in a Bloomberg TV appearance. “The whole idea of rising interest rates, I’m...
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After Extell windfall, piano maker finds new West 58th St. home
From left: 211 West 58th Street, Gary Barnett and 232 West 58th Street Things are certainly in tune for Carl Demler. After making a killing from Extell Development’s ambitions for a West 57th Street...
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Fort Greene condo board sues over missing CofO
96 Rockwell Place The board of a boutique condominium building in Fort Greene has accused the developers, led by investor Joshua Landau, of failing to obtain a proper certificate of occupancy, despite...
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“You cannot be serious!”: Tennis whiz John McEnroe sells Beresford home
The Beresford and John McEnroe Bad boy tennis ace John McEnroe, a longtime owner of a co-op in the Beresford building‘s northeast tower, has sold the apartment for $3.1 million, according to public...
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New York Public Library stacks escape demolition
455 Fifth Avenue A plan to demolish the book stacks at the New York Public Library’s historic Fifth Avenue location has been scrapped. Responding to a public outcry over the plan to get rid of the...
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