Clik here to view.
CBRE’s Andrew Goldberg named vice chair
Andrew Goldberg and 693 Fifth Avenue CBRE retail broker Andrew Goldberg has been promoted to vice chairman at the commercial real estate brokerage. Representing both tenants and landlords, he was the...
View ArticleClik here to view.
Times Square Marriott Marquis sold in controversial $20M deal
Host’s W. Edward Walter, the Marriott Marquis and John Liu The holders of a 75-year-lease for the Marriott Marquis Hotel in Times Square have opted to buy the hotel from the state-run Empire State...
View ArticleClik here to view.
Staten Island’s New York Wheel denied state funding
New York Wheel rendering and Kathryn Wylde The $330 million Ferris wheel project in Staten Island lost out on state funding from Governor Andrew Cuomo’s economic development program yesterday. The...
View ArticleUS mortgage rates take a small dip in past week
The average 30-year fixed-rate mortgage took a minor hit in the week ending today, dropping to 4.42 percent from 4.46 percent week-over-week, according to data from Freddie Mac. During that seven-day...
View ArticleClik here to view.
Sherwood, Paramount score $210M for 440 Ninth Avenue
From left: CBRE’s William Shanahan, 440 Ninth Avenue and CBRE’s Darcy Stacom Japanese real estate investment firm Jowa Holdings has broken into the Manhattan market with its first buy — a $210 million...
View ArticleClik here to view.
Movers and shakers: Who’s out and who’s in for real estate
From left: Glenn Rufrano, John Powers and Sabrina Kleier-Morgenstern From the December issue: In this month’s Movers and Shakers feature, TRD zooms in on former Cushman & Wakefield CEO Glenn...
View ArticleClik here to view.
What does the housing recovery have to do with tobacco?
Smoking and housing starts apparently go hand in hand For all the regulation, tax increases, and bad PR, the tobacco industry is still monstrous — and as such, is still interesting to investors. Like...
View ArticleClik here to view.
Extell files to demolish former Pathmark in Lower East Side, Tommy Hilfiger...
Rendering of the lobby at 3 Hudson Boulevard 1. Extell Development files to raze former Pathmark at 227 Cherry Street in Lower East Side [Lo-Down] 2. Tommy Hilfiger co-founder gives up Lake Tahoe pad...
View ArticleClik here to view.
Business Insider signs sublease at L&L’s 150 Fifth Avenue
150 Fifth Avenue and Henry Blodget News website and clickbait powerhouse Business Insider struck a four-year deal to sublease 20,646 square feet at the L&L Holdings trophy property 150 Fifth...
View ArticleClik here to view.
Rabsky’s Williamsburg rentals kick off leasing
Roof deck at 146 South 4th Street in Williamsburg Developer Rabsky Group’s Williamsburg rentals at 146 South 4th Street have launched leasing. Seventeen of the 113 units at the 10-story,...
View ArticleClik here to view.
Rare Borough Park portfolio hits market asking $50M
From left: 1217 47th Street, Gabe Saffioti, Nicole Rabinowitsch and 1314 46th Street A portfolio of apartment buildings in Borough Park, Brooklyn has hit the market asking about $50 million, the...
View ArticleClik here to view.
Elliman stalwart Gary Cannata heads to Town
Andrew Heiberger, Gary Cannata and Dottie Herman Gary Cannata, a veteran of residential brokerage Douglas Elliman, has departed the firm and will take up an executive role at Town Residential in...
View ArticleClik here to view.
Publisher converts Dumbo warehouse into two swank homes
Laura Frerer-Schmidt Women’s Health publisher Laura Frerer-Schmidt converted a 6,000-square-foot former box-stamping warehouse in Dumbo into two luxury apartments. When she first saw the space in 2008,...
View ArticleClik here to view.
Brooklyn Heights library unveils conversion possibilities
280 Cadman Plaza West Officials from the Brooklyn Public Library revealed seven proposals to convert the Brooklyn Heights Branch into a residential or mixed-use tower with a library on the ground...
View ArticleBaz Luhrmann directs Faena Miami Beach promo: VIDEO
From the South Florida site: Even marketing materials for Faena Miami Beach have the Baz Luhrmann touch. The acclaimed director and his Academy Award-winning wife Catherine Martin are collaborating...
View ArticleClik here to view.
Priciest, cheapest listings to hit the Manhattan market this week
From left: 151 East 58th Street and 235 West 102nd Street The Corcoran Group’s America Gonzalez had the priciest single-family listing to hit the Manhattan market this week with a $14.9 million...
View ArticleClik here to view.
Gaia pays $14.6M for Corinthian floor, plans condo conversion
From left: Danny Fishman, 330 East 38th Street, Julia Boland and Bernard Spitzer Midtown-based investment firm Gaia Real Estate acquired the 50th floor of the Bernard Spitzer-developed Corinthian...
View ArticleClik here to view.
Hovnanian reports largest quarterly revenue since 2008
Ara Hovnanian Red Bank, N.J.-based Hovnanian Enterprises posted rebounding sales numbers in the fourth quarter ended Oct. 31, buoyed by lots selling at higher prices than the builder’s previous...
View ArticleClik here to view.
Upper East Side townhouse breaks record with $114M ask
From left: 12 East 69th Street, Gabrielle Dufwa and Paul Anand A 40-foot-wide townhouse in the Upper East Side is expected to hit the market for an extravagant $114 million, making it the most...
View ArticleClik here to view.
City gives delayed Staten Island museum lease another chance
Renderings of National Lighthouse Museum and Empire Outlets The city Economic Development Corporation extended a deadline for the National Lighthouse Museum on Staten Island to raise $350,000 to secure...
View Article