Zac Posen-designed penthouse wants $9.3M
Zac Posen and the penthouse at 16 West 21st Street A triplex penthouse at the Morris Adjmi-designed 16 West 21st Street has hit the market asking $9.25 million, less than two years after the seller...
View ArticleTech firms beg for city-wide broadband upgrade
From left: fiber optic cable, Dana Spiegel Technology firms leasing and buying up New York City office space are begging Mayor Bill de Blasio for better broadband from the telecommunications giants who...
View ArticleDeutsche Bank exec looks to triple money at 15 CPW
View from 15 Central Park West Michael Lewis, the London-based head of commodities research at Deutsche Bank, listed his condominium at 15 Central Park West for a hefty mark-up over the price he paid...
View ArticleUS mortgages down last year, but so are delinquencies
The U.S. loan market last year saw fewer delinquencies and more jumbo lending, despite tighter lending requirements which have constrained lending overall, experts say. Higher credit standards led to...
View ArticleCo-op City rail proposal could spur Bronx price growth
From left: Govenor Andrew Cuomo, Co-op City Governor Andrew Cuomo is trying to put Bronx mega-complex Co-op City on the public transport map. Cuomo re-endorsed building a rail offshoot of the New Haven...
View ArticleIllegally converted Bushwick factory for sale
449 Troutman Street in Brooklyn The owners of an illegally converted Bushwick building are looking for protection under the 2010 Loft Law even as they market the ground floor for commercial use. The...
View ArticleBrooklynites decry planned Gowanus nightclub
From left: Rendering of day and night uses at the Rock and Roll Playhouse The Board of Standards and Appeals will hear Tuesday from a group of Gowanus residents concerned that a children’s music school...
View ArticleTribeca condo project at 6 Cortlandt Alley gets Landmarks nod
From left: 6 Cortlandt Alley (Credit: Tribeca Trib) and a rendering of the proposed building (Credit: TRA Studio) The city’s Landmarks Preservation Commission approved a seven-story Tribeca condominium...
View ArticleQueens co-ops lead NYC sales in Q4
New York City home sales according to the Real Estate Board of New York Queens co-ops were hot in the final quarter of 2013 — in fact, hotter than in any other borough. Co-op sales in Queens jumped 62...
View ArticleLandmarks OKs $1.5B Domino Sugar project
From left: Domino Sugar Factory redevelopment rendering, Robert Tierney and Dave Lombino The Landmarks Preservation Commission unanimously approved Two Trees Management’s $1.5 billion Domino Sugar...
View ArticleElite Avenues School prompts buying boom in West Chelsea
Avenues School From the January issue: Developers are getting schooled. Builders, it seems, are capitalizing on a recent uptick in interest in the West Chelsea condo market from parents whose children...
View ArticleBillionaire J.C. Flowers’ firm takes 18K sf at GM Building
J. Christopher Flowers and the GM Building at 767 Fifth Avenue J.C. Flowers & Co., the firm of billionaire private equity giant and avid real estate speculator J. Christopher Flowers, is taking...
View ArticleLandmarks gives 100 Franklin Street the go ahead, Bill Rudin on...
100 Franklin Street 1. Landmarks commission favors brick over glass at 100 Franklin Street [Curbed] 2. Bill Rudin discusses Greenwich Lane project [Commercial Observer] 3. See the Apthorp roof before...
View ArticleNew York City multi-family sales up 114% in November
Multi-family month in review for New York City (Credit: Ariel Property Advisors) Although the New York City multi-family market saw fewer deals in November year-over-year, they were far bigger: Dollar...
View ArticleClinic leases first location, plans five more facilities
2689 Broadway Cure Urgent Care has inked a lease for almost 5,000 square feet on the Upper West Side, part of a planned roll out of six such clinics in the city over the next year and a half. The...
View ArticleInvestment sales to hit record $63M in 2014: Bob Knakal
Robert Knakal Sales volume for all New York City properties will reach a record $63 billion this year, soaring 68 percent from last year, Massey Knakal Realty Services chairman Robert Knakal reportedly...
View ArticleLeFrak, Vornado give historic bookstore the boot for new tower
From left: 40 West 57th Street, inside Rizzoli Bookstore The LeFrak real estate family and Vornado Realty Trust are planning to demolish three limestone mansions on West 57th Street in Midtown, one of...
View ArticleRitz-Carlton penthouse in Battery Park City asks $23M
The penthouse at the Ritz-Carlton at 10 West Street in Battery Park City A penthouse at the Residences at the Ritz-Carlton in Battery Park City has hit the market asking $23 million — quadruple the...
View ArticleNeiman Marcus outlet heads to Brooklyn
210 Joralemon Street and LastCall in Miami Neiman Marcus’ discount outlet LastCall is coming to United American Land’s Brooklyn Municipal Building, at 210 Joralemon Street. The Downtown Brooklyn site...
View ArticleForbes ditches longtime Village HQ for Jersey City
From left: 60 Fifth Avenue and 499 Washington Boulevard in Jersey City Forbes Media is departing its longtime home in Greenwich Village, at 60 Fifth Avenue, and relocating its 350 employees to Jersey...
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