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Coney Island amusement parks officially extend lease
Cyclone rollercoaster at Luna Park on Coney Island UPDATE, Dec. 27, 10:13 a.m.: Coney Island tourist spots Deno’s Wonder Wheel Amusement Park and Luna Park have officially received a renewed, expanded...
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Soaring condo prices mark a changing East Harlem, JFK airport adding eight...
Rendering of Holiday Inn at 300 Schermerhorn Street in Brooklyn 1. JFK airport to open eight new retail shops by next month [Queens Courier] 2. Condo prices climb 21 percent year-over-year in Spanish...
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Navy Yard dumps Blumenfeld as Admiral’s Row developer
Rendering of Admiral’s Row (Inset: Ed Blumenfeld, CEO of Blumenfeld Development Group) About a year after signing a deal to develop Admiral’s Row in the Brooklyn Navy Yard, Long Island real estate firm...
View ArticleU.S. mortgage rates hold steady for the week
On the heels of the Federal Reserve’s announcement that it will reduce bond purchases, U.S. mortgage rates largely maintained status quo this week. The average for 30-year fixed rate mortgages rose to...
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Top stories yesterday on The Real Deal: 1. Eliot Spitzer pays $88M for Hudson Yards development site 2. How real estate celebrated 2013: PHOTOS 3. In memoriam: Sites New York lost in 2013 — or will lose
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Public housing officials threatened woman who reported child sexual abuse: suit
The Jonathan Williams Plaza Community Center in Williamsburg at 325 Roebling Street New York City Housing Authority administrators threatened a whistleblower who reported the sexual abuse of children...
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Longchamp heir pays $7M for Upper West Side townhouse
Olivier Cassegrain and the townhouse at 126 West 87th Street An heir to the posh leather brand Longchamp has paid $7 million for an Upper West Side townhouse that has made several cameos on the hit...
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Ben Shaoul’s Bloom 62 conversion gets tagged by graffiti artists,...
An abandoned train beneath the Waldorf-Astoria hotel (Credit: Sam Horine/Gothamist) 1. Ben Shaoul’s Bloom 62 conversion gets tagged by graffiti artists: PHOTOS [EV Grieve] 2. “Inglourious Basterds”...
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City Planning’s Amanda Burden to join Bloomberg consultancy
Amanda Burden and the High Line Outgoing City Planning Commissioner Amanda Burden singled out the High Line on Manhattan’s Far West Side as the highlight of her 12-year stint with the Bloomberg...
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Meet the landlord: Elie Hirschfeld
Elie Hirschfeld From the December issue: In this month’s Meet the landlord feature, The Real Deal spoke with Elie Hirschfeld, president of Hirschfeld Properties, who told us about how he got into real...
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Shattered records of 2013
From left: The pool at River House (435 East 52nd Street), rendering of 606 West 57th and 12 East 69th Street New York managed to shatter several real estate records in 2013, a banner year for...
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Sandy displaced thousands from illegal dwellings
Advocates are pushing for the legalization of basement apartments Thousands of the city’s poor were dislodged by Hurricane Sandy from improvised living spaces and basement apartments that housing...
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Priciest, cheapest listings to hit the Manhattan market this week
From left: 120 East 87th Street and 25 Tudor City Place Leighton Candler and Debra LaChance of the Corcoran Group had the priciest listing to hit the Manhattan market this week with a $15 million...
View ArticleArchitecture billings slow amid waning design demands
The Architecture Billings Index, an economic indicator of construction activity, was stopped in its tracks in November following a six-month period of accelerating demand for design services. The...
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Flatiron Hotel owners move to block $31M DelShah deal
From left: Michael Shah (credit: Ken Schneiderman), Flatiron Hotel at 1141 Broadway and Robert “Toshi” Chan The owners of the Flatiron Hotel are seeking to dismiss a lawsuit from a DelShah Capital...
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Chinese Christian nonprofit asks $15M for 48 Allen Street
Michael DeCheser and 48 Allen Street Lower East Side-based nonprofit community center Chinese Christian Herald Crusades is looking to sell its building at 48 Allen Street for $15 million. The...
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New York City hotel market slated for rosy 2014
From left: Simon Fuller and the Standard High Line at 848 Washington Street Some investors are looking to kick off the New Year with a New York City hotel in their pockets, indicating a possible uptick...
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Kew Gardens hotel project continues to rankle neighbors
123-32 82nd Avenue Kew Gardens residents are distraught over the construction of a 20-story hotel tower, citing concerns about traffic, parking and noise. The Queens Savoy Hotel and Residences, a...
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Qualified mortgage rules give niche borrowers a leg up
Mortgage lending rules slated to take effect on Jan. 10 were designed to protect borrowers and investors from the risks of bad home loans, but they could actually make it harder for first-time buyers...
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2013 was great for NYC condos — but can it last?
From left: 10 Madison Square West and 101 Leonard St While this year has been hailed as having a near-perfect confluence of factors driving New York City residential real estate, some industry leaders...
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