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View ArticleHousing prices recovering faster in Republican-leaning states
The housing recovery seems to favor states that vote Republican, the New York Times reported. In 22 of 24 states that are likely to back Mitt Romney, home prices have risen from the nadir of the...
View ArticleArchitecture review: Why 6 Platt falls flat
From the October issue: Whatever else might be said of the new hotel that is planned for 6 Platt Street, there is something uplifting in the spectacle of what had once been a parking lot now on its way...
View ArticleTrump’s international brokerage opens in Manhattan
Donald Trump’s so-called “bombshell” about Barack Obama is not the only news the real estate tycoon and publicity maestro is dropping today. The Trump Organization has unveiled Trump International...
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Grimaldi’s to open in Kips Bay, Bloomberg says Atlantic Yards delays “not...
$11M 760 Park Avenue unit Beloved Grimaldi's Pizza will open in Kip's Bay ... in the old Totonno's space. Real estate investor's daughter buys $11M 760 Park Avenue pad. RBS settles with Nevada AG for...
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Buffett says industries tied to housing will buoy U.S. economy: VIDEO
Warren Buffett With so much uncertainty in the global economic markets, positive signs in residential housing – especially in the U.S. – may point to brighter times to come, billionaire Warren Buffett...
View ArticleA whole new meaning to “Gimme Shelter”
New York City’s real estate players are burning down the house tonight – for charity. Attorney Carl Schwartz, investment executive Howard Glatzer and development executive David Lowenfeld will headline...
View ArticleMedidata finalizes massive Hudson Square lease
As Trinity Real Estate seeks to transform Hudson Square into a round-the-clock hotspot, the landlord has finalized a lease in the neighborhood with Medidata Solutions, a company that provides...
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Trump Int’l Realty lands with a bang: PHOTOS
The Trumps (credit: Zachary Kussin) The champagne was in full-flow last night at the launch party for Trump International Realty, the new luxury residential brokerage headed by the Trump family. Real...
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Low mortgage rates fail to spur borrowing: VIDEO
Do low mortgage rates actually motivate borrowers? The affordability of getting a loan is not spurring consumers to borrow, despite the Federal Reserve’s efforts to hold mortgage rates at record lows,...
View ArticleNon-profit urges further zoning regs, tax breaks to preserve Fashion District...
Save the Fashion District! Is the unlikely clarion call of a new report from urban-planning non-profit the Design Trust, reported Real Estate Weekly. “The Garment District is that rare thing in this...
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A lark in the Park
From left: William and Arthur Zeckendorf (credit: Marc Becker) Developers William and Arthur Zeckendorf welcomed brokers to 18 Gramercy Park last night for the official unveiling of their 16-unit...
View ArticleHousing policy AWOL on the trail
From the October issue: Call it the political elephant in the room: 1.2 million families across the country are now at some stage of foreclosure, 3.8 million homeowners have been foreclosed upon since...
View ArticleCity Council subcommittee approves upzoning for Chelsea Market
The City Council zoning subcommittee today approved the upzoning of the Chelsea Market block, which will potentially allow Jamestown Properties to build its expansion atop the Chelsea Market structure....
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Despite break-up, Taylor Swift set to buy Hyannis Port home, most sellers say...
Taylor Swift in Hyannis Port Taylor Swift still set to buy $4.5M Hyannis Port home next to now ex-boyfriend Conor Kennedy's family compound. Study says almost three quarters of sellers don't believe...
View ArticleElliman’s lending arm makes high-profile hire
You could say that Prudential Douglas Elliman’s lending arm now has an Ace up its sleeve. Ace Watanasuparp, a former branch manager for Bank of America and the restaurateur responsible for Hell’s...
View ArticleCheck out Naomi Campbell’s spaceship home
Architect Zaha Hadid of Zaha Hadid Architects may not have won the contest for the redevelopment of 425 Park Avenue, but she has another project currently under construction for a notable client...
View ArticleHedge-funder pays $24M for co-op in building favored by billionaires
Billionaires, like birds of a feather, tend to stick together. Finance bigwig Phillippe Laffont, founder of tech-focused multibillion-dollar hedge fund Coatue, has purchased a three-bedroom apartment...
View ArticleBrooklyn’s Manhattan Beach found to be among NYC’s priciest neighborhoods
When thinking of New York’s hottest and priciest neighborhoods, Soho, Tribeca and the West Village come to mind in Manhattan, and Brooklyn Heights, Park Slope and Williamsburg in Brooklyn. But...
View ArticleU.S. housing sector gives economy a lift
The recovering housing sector is giving the economy a boost, but is not delivering the kind of results that would be seen if the economy were more robust, according to a new government report on...
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