Apartment dwellers offer Sandy-related Craigslist real estate deals
That didn’t take long. Craigslist now has some Hurricane Sandy-related real estate deals on its site, Curbed reported. In more Craigslist-appropriate terms, an entry advertises “SANDY BLOWOUT SPECIAL!”...
View ArticleHomebuilders say Sandy’s impact on sales minimal
Sales of new construction homes are stalled due to Hurricane Sandy, but the weather shouldn’t have a lasting effect on the homebuilding business, leaders in the construction industry told the Wall...
View ArticleBloomberg says One57 street closure expected to end this weekend
Mayor Michael Bloomberg said today that he expects individuals could return to their homes and offices near One57 this weekend. The block of West 57th Street was cleared following the collapse of a...
View ArticleMany NY, NJ homeowners lack flood insurance, costing FEMA up to $10B
Many homeowners in flood-drenched New York and New Jersey may find that their insurance policies do not cover costs due to damage caused by Hurricane Sandy, the New York Times reported. For homeowners...
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80% of Fire Island homes damaged by storm, NYC mansions get dressed up for...
Hurricane wreckage on Fire Island (credit: Curbed)The director of Columbia's Center for Urban Real Estate thinks floodgates should guard New York's waterfront properties. On Fire Island, 80% of...
View ArticleZillow acquires home search service Buyfolio
Zillow, the real estate listings provider, today announced its acquisition of Buyfolio, an online and mobile-based communication and organization tool for brokers and house hunters. This marks Zillow’s...
View ArticleSandy ravages East End, hitting Billy Joel’s and Ronald Lauder’s houses
Hurricane Sandy hit the Hamptons hard, leading to decimated homes, power outages for hundreds of residents and an ocean breach of Wainscott Pond in the Wainscott area of the town of East Hampton,...
View ArticleCushman & Wakefield’s Glenn Markman becomes Brooklyn power broker
What do Spike Lee, the Brooklyn Nets and Etsy all have in common? Cushman & Wakefield leasing executive Glenn Markman. Markman has become a heavyweight dealmaker throughout Brooklyn and, in his...
View ArticleFiscal cliff is a “kick in the gut” for NYC’s commercial real estate
A slew of federal policies are set to take effect in January that will radically cut federal spending and end some of the Bush-era tax cuts. But the so-called fiscal cliff will have radically different...
View ArticleLinkedIn expands at Empire State Building
LinkedIn, the popular professional networking site, has signed a 10-year lease for an additional 40,780 square feet of space inside the Empire State Building, Crain’s reported. The expansion, on the...
View Article13-story hotel to rise in Downtown Brooklyn
The Department of Buildings has issued permits for a 13-story, 116-room hotel at Tillary Street and the Flatbush Avenue extension in Downtown Brooklyn, Brownstoner reported. The Kansas-based hotel...
View ArticleRed Hook apartment where Michelle Williams, Jason Segel lived reportedly...
The Red Hook loft that “My Week With Marilyn” actress Michelle Williams shares with her boyfriend, Jason Segel, has been devastated by Hurricane Sandy, according to reports by the the Daily Mail. The...
View ArticleSandy fallout for retailers depends on holiday sales
Retailers are in the process of recovering from Hurricane Sandy, with many stores reopening and others remaining dark. The storm’s impact on business might not have a severe effect on upcoming holiday...
View ArticleChicago architect selected to design High Line-adjacent office tower
The Chicago-based architect Jeanne Gang is set to make her New York debut with the 180,000-square-foot office tower on 10th Avenue between 13th and 14th streets, according to the Architect’s Newspaper....
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Sandy spurs Bloomberg’s Obama endorsement, world’s tallest hotel — decades in...
Sandy storm fire damage in Breezy Point, Queens (credit: Business Insider)In the wake of Hurricane Sandy’s destruction, Mayor Bloomberg endorses President Obama for reelection — writing that the storm...
View ArticleAs appraisers rush to re-inspect storm-ravaged areas, closings on hold
Hurricane Sandy is also making its presence felt in the appraiser’s corner of the real estate industry. The Federal Emergency Management Agency continues to flag storm-affected areas as disaster zones,...
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TRD survey: More than 17 million SF of downtown office space shuttered in...
Pumping water at Pearl and Broad streets (credit: Adam Pincus) Commercial buildings housing at least 17.3 million square feet of office space in Lower Manhattan had their basements flooded by Hurricane...
View ArticleHow to survive a hurricane? Live in a rich nation
What’s the best defense against violent weather? Living in a wealthy country, according to an opinion piece by Charles Kenny in Bloomberg Businessweek. That’s because surviving — and recovering from —...
View ArticleTrailblazing Xerox exec buys Gramercy Park spread
In all the buzz surrounding the launch and subsequent rush of sales at Arthur and William Lie Zeckendorf’s 18 Gramercy Park, other Gramercy Park projects, such as Ian Schrager’s Gramercy Park Hotel...
View ArticleCity expected to begin One57 crane rescue tomorrow
The city now has a plan to retrieve the dangling crane at One57, the Wall Street Journal reported. Work is expected to begin tomorrow — and will take an estimated 36 hours, according to the New York...
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