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NYC casts wide net for designers to bolster storm defenses
From left: Rendering of Bloomberg’s proposed Seaport City and DXA Studio’s Rockaways bungalows The Big Apple’s powers-that-be are searching far and wide for designers who can create effective solutions...
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“Slumlords” donate to De Blasio, one of their biggest critics
From left: Bill de Blasio and Robert Hess A group of landlords that has earned millions of dollars operating homeless shelters made a big bet on Public Advocate and mayoral hopeful Bill de Blasio,...
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Carol Cohen, beset by 737 Park litigation, makes few deals
From left: Carol Cohen and 737 Park Avenue Carol Cohen, the former Corcoran Group broker fired when her landlord sued her — unsuccessfully — for allegedly hiding income to hang on to her...
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Four-hole putting green up for grabs in Chelsea for only $5M
224 West 18th Street All that stands between you and a four-hole putting green in Chelsea is $4.995 million. There isn’t just a putting green at 224 West 18th Street, of course: a three-bedroom...
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Park Avenue 12-room duplex asks $17M
655 Park Avenue A 12-room duplex at 655 Park Avenue whose layout was commissioned by a member of the Rockefeller family is set to hit the market for $16.9 million — marking the first sale of the...
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King & Grove scores $75M investment from Conn. firm
From left: Joseph Chetrit, 222 West 23rd Street and Ed Scheetz King & Grove Hotels has landed a new round of equity financing from Greenwich, Conn.-based investment firm Wheelock Street Capital,...
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Cuomo gives nod to $500M tennis center expansion
Gov. Andrew Cuomo and a rendering of the USTA’s Billie Jean King National Tennis Center Gov. Andrew Cuomo today approved the U.S. Tennis Association’s $500 million plan to expand the Billie Jean King...
View ArticleU.S. construction jobs flatline as employers struggle to hire
Construction employment was flat in August, while the unemployment rate fell and many companies reported difficulty finding workers, according to a government data analysis by the Associated General...
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Government briefs: Wage law struck down, Obama plans Fannie and Freddie’s end
Pres. Obama From the September issue: In this month’s roundup of government-related real estate news, The Real Deal looks at President Barack Obama’s endorsement of a plan to reduce government’s role...
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American Homes 4 Rent to drum up funds with novel “price appreciation” shares
A major buyer of single-family rental homes is looking to raise funds by offering investors an unusual incentive – a chance to benefit from appreciation of the property. American Homes 4 Rent, which...
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New York fashion designers’ favorite spaces, Dottie Herman on reverse...
View from the Burj Khalifa in Dubai, the world’s tallest tower 1. Useless “vanity height” in the world’s tallest buildings [Council on Tall Buildings and Urban Habitats] 2. New York fashion designers’...
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Chinatown developer plans 26-story FiDi hotel
11 Stone Street A Chinatown-based developer has filed plans to build a 26-story hotel at 11 Stone Street in the Financial District, according to Department of Buildings records. The new 170-room hotel...
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Extell’s $86M assemblage sale underscores Midtown East value
Extell Development’s Gary Barnett The pricing on two Midtown East properties Extell Development sold to a joint venture late last month has been revealed — $86 million, according to records filed with...
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Top residential agents of the week
From left: Cindy Kurtin, Jessica Vertullo-Maher and 950 Fifth Avenue Price: $22,000,000 Listing Broker: Cindy Kurtin and Jessica Vertullo Maher of Stribling & Associates Address: 950 Fifth Avenue...
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Google-backed affordable housing complex debuts in Calif.
135 Franklin Street in Mountain View, Calif. A new affordable housing complex opened today with an unusual backer: tech giant Google. Franklin Street Family apartments are located at 135 Franklin...
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Favoring IPO, Malkin rejects ESB bids
Empire State Building and Anthony Malkin Malkin Holdings, the lead owner and manager of the Empire State Building, has rejected several buyout offers for the 2.9-million-square-foot tower. Had Malkin...
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Architect dropped from $200M condo case
One Grand Army Plaza A Brooklyn trial court judge has dismissed the architect of One Grand Army Plaza, branded as Richard Meier on Prospect Park, from a $200 million lawsuit. The condo board of the...
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Eagles star nabs $3.2M Lincoln Square spread
Eagles bassist Timothy Schmit and 150 Columbus Avenue Soft-rocking bassist and singer of the Eagles, Timothy Schmit has picked up a slick Lincoln Square spread. Property records show that Schmit...
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A deluxe – and purple – apartment in the sky: PHOTOS
A shot of the 200 11th Avenue penthouse from below (credit: Rich Caplan) From Luxury Listings NYC: Ryan Serhant, star of Bravo’s “Million Dollar Listing New York,” last night stood at the corner of...
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Like Bloomberg, de Blasio would build up NYC
From left: Michael Bloomberg and Bill de Blasio Mayoral hopeful Bill de Blasio has had strong words for the Bloomberg administration, but when it comes to renewing New York City’s housing stock, both...
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