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Multi-family deals rise 40 percent over last year
100 Luquer Street, Shimon Shkury A bevy of small building sales boosted the number of multi-family deals in the city in October by 40 percent – for the second time this year, according to data from...
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Walker Tower buyer flips out — $2.9M profit after one week?
212 West 18th Street, unit 11E The buyer of a two-bedroom condominium at Walker Tower is trying for the high-profile Chelsea building’s first resale. One week after purchasing the 2,179-square-foot...
View ArticleTax reform standstill sweet and sour for real estate investors
For one of the least productive congressional sessions in modern history, the final word about tax reform last week was entirely in character: Nothing’s happening. But is that good news or bad news for...
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Baruch Singer’s Bialystoker Synagogue suit withdrawn
Baruch Singer and 15-17 Bialystoker Place Landlord Baruch Singer and East River Housing Corporation president Lenny Greher, two board members of Bialystoker Synagogue, withdrew their $25 million...
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Puck Building spurs retail flood along Lafayette Street
From left: 295 Lafayette Street, 9 Great Jones Street and 265 Lafayette Street The emergence of Kushner Companies’ Puck Building at 295 Lafayette Street, where one unit is apparently in contract for...
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MasterCard close to tech lab lease in Midtown South
114 Fifth Avenue and L&L’s David Levinson MasterCard is close to inking a lease for a 60,000-square-foot “lab” in Midtown South. The space, at 114 Fifth Avenue, would house a mobile e-commerce...
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TF Cornerstone’s West 57th Street giant — barely avoiding a Soviet...
606 West 57th Street (Inset: Arquitectonica founder Bernardo Fort-Brescia) Perhaps the biggest and boldest residential project ever conceived in Manhattan, TF Cornerstone’s 606 West 57th Street is just...
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Hakimian volunteers to get “tagged” at 184 Lexington
The mural at 184 Lexington Avenue From the December issue: For most city landlords, graffiti is a scourge. But one high-profile building owner has volunteered to have one of its properties “tagged.”...
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Hamilton Heights penthouse to be auctioned
458 West 146th Street penthouse Prospective buyers of a two-bedroom penthouse condominium in a bankrupt Hamilton Heights building need only $80,000 to be eligible to bid at an upcoming auction....
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HFZ Capital’s latest? Penthouse studios in Nomad
Ziel Feldman and 88 Lexington Avenue Bucking a Manhattan trend toward larger units, Ziel Feldman’s HFZ Capital Group has filed a proposal to convert a Nomad rental building into condominiums featuring...
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GM subleases remaining space in tower that bears its name
From left: Mort Zuckerman and the GM building, at 767 Fifth Avenue U.S. automaker General Motors no longer retains a single foot of office space in the Midtown trophy tower that bears its name, it...
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NYC is ninth healthiest U.S. housing market, Minskoff vows to lease up 51...
51 Astor Place rendering 1. Zillow ranks NYC the 9th healthiest housing market in the U.S. [CNBC] 2. Minskoff vows to have 51 Astor Place fully leased by January [NYO] 3. Bed-Stuy graffiti artist...
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Top residential agents of the week
From left: Lance Miletich, Robson Zanetti and 100 Central Park South Price: $7,500,000 Listing brokers: Lance Miletich and Robson Zanetti of TOWN Residential Address: 100 Central Park South From left:...
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Designer David Rockwell grants rare residential commission
David Rockwell’s residential designs (credit: Architecture Digest) When the owners of a prime Park Avenue abode decided it was time to upgrade, they were in for a rude awakening. The couple quickly...
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$7.85M Las Vegas home will accept Bitcoin
A Las Vegas home that can be purchased with Bitcoins Despite Bitcoin’s pronounced volatility, a Las Vegas realtor will readily accept the cryptocurrency as payment for an expansive 25,000 square foot...
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Inside NYC’s newest subway line
Second Avenue subway construction New York City’s Second Avenue Subway project, which will extend the route of the Q train into the Upper East Side, has been so delayed, Mayor Michael Bloomberg has...
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Multigenerational housing trend picks up
A multigenerational family Multigenerational housing has been a growing trend in New York City for some time, mainly within immigrant communities, especially the well to do. But it seems the trend is...
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Faux chateau asks $25K a month
1 East 62nd Street Some might say this $25,000 a month rental at 1 East 62nd Street in Lenox Hill could probably afford to tone down the décor. Within this French neo-Classical two-bedroom duplex,...
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Spec homes are back with bold designs
A spec home with contemporary design in Miami Building homes on spec, especially the multimillion dollar variety, has always been risky, but building spec homes with bold architecture is doubly so....
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11-story apartment-hotel proposed in Chelsea
405 Eighth Avenue An 11-story apartment-hotel has been proposed at 405 Eighth Avenue in Chelsea – the current site of the D’aiuto’s cheesecake shop. The new 20,227-square-foot building, located...
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