The most expensive tenant relocation in NYC history
In 2004, when developers Will and Arthur Zeckendorf set out to create 15 Central Park West, one man stood in their way: a 73-year-old recluse named Herb Sukenik, who refused to move from the...
View ArticleCity steps in to repair decaying Harlem buildings
From left: 590-593 Riverside Drive, 49 St. Nicholas Terrace and 608 West 139th Street In Upper Manhattan, 19 buildings have been tapped for the city’s Alternative Enforcement Program, which fixes...
View ArticleRXR Realty acquires $200M office leasehold in Fort Greene
470 Vanderbilt Avenue UPDATED, 7:00 p.m., March 2: RXR Realty, in a joint venture with American Landmark Properties, has purchased the long-term lease of a large office building at 470 Vanderbilt...
View ArticleL.I. official punished over Lauder land deal, lawsuit alleges
Ronald Lauder and his Wainscott property A dispute between billionaire cosmetics magnate, Ronald Lauder, and Charles Butler, the secretary-treasurer of the Bridgehampton Fire District, over a tiny...
View ArticleThe most expensive homes in sports
The most expensive properties in sports The titans of the sports world rake in millions each year from team contracts, prize money, endorsements, and appearance fees. And they sure do know how to...
View ArticleNearly 4 million borrowers are back above water: VIDEO
Rising home prices last year have given U.S. borrowers some much-needed relief. Nearly four million mortgages came back above water in 2013, according to a new survey from Zillow, cited by CNBC....
View ArticleQueens Library scraps designs after running over budget
A rendering of the Queens Library at Hunters Point The Queens Library that was scheduled to come to Hunters Point last summer will likely to be delayed for several years, as plans are redrawn, after...
View ArticleTop stories
Top stories over the weekend on The Real Deal: 1. Town brawl: Heiberger wins restraining order against Sitt 2. Heiberger files restraining order against Sitt 3. America’s 5 richest neighborhoods
View ArticleDe Blasio’s $1.1M rental property still not registered
442 11th Street and Mayor Bill de Blasio Mayor Bill de Blasio has yet to register his two-unit rental property in Park Slope with the Department of Housing Preservation and Development. The $1.1...
View ArticleNew York state pushes for Penn Station plan
421 Eighth Avenue State officials are seeking a broker to help sell 1.5 million square feet of unused development rights as part of renewed plans to expand New York Penn Station into the James A....
View ArticleDon Peebles son seen as force in father’s real estate business
The Peebles family, with Peebles Jr. on far right He’s only a sophomore in college, but R. Donahue Peebles III is beginning to make a mark on his father’s real estate empire, Peebles Corporation. Don...
View ArticleAlchemy brings in Katzen to sell remaining units at 35XV
Frances Katzen (inset) and renderings of 35XV interiors Alchemy Properties hired Frances Katzen of Douglas Elliman Development Marketing to help sell the remaining units at 35XV, its condominium...
View ArticleStonehenge signs up first retail tenant at 555 Sixth Avenue
Rendering of 555 Sixth Avenue Stonehenge Partners has inked a deal with its first retail tenant at the newly-constructed 555 Sixth Avenue. The inaugural tenant, Boutique Fitness Experience (BFX)...
View ArticleChetrit Group pays $32M for Penn Plaza development site
From left: 245-247 West 34th Street (Photo: Google), Richard Cohen and Joseph Chetrit The Chetrit Group snapped up two adjacent properties across the street from Madison Square Garden in the heart of...
View ArticleBuilders stand to gain in pre-K space race
Bill de Blasio Developers are poised to cash in on a citywide grab for space to house preschool programs that Mayor Bill de Blasio is pushing the city to fund. Brokers have seen demand grow for...
View ArticleStuyvesant Town desegregation activist dies at age 98
Stuyvesant Town and Lee Lorch (inset) Lee Lorch, a mathematician and longtime Stuyvesant Town resident who led the campaign to desegregate the complex, has died at the age of 98. Lorch, who took up...
View ArticleSL Green to buy Ivanhoe Cambridge stake in Citigroup HQ
388-390 Greenwich Street SL Green has agreed to pay nearly $800 million for Ivanhoe Camrbidge’s stake in 388-390 Greenwich Street, where Citigroup’s headquarters are located. The firm will plunk down...
View ArticleOpen season on landlords
Stuart Elliott From the March issue: It appears to be open season on landlords. Since the beginning of the year there have been three high-profile murders (or attempted murders) of building owners in...
View ArticleBrooklyn developer keeps the pipeline flowing
From left: Renderings of 559 Carroll Street, 256 Cumberland Street, 77 Douglass Street and 84 Congress Street There are no idle hands at development and architectural firm Brooklyn Home Company, which...
View ArticleAnnabelle Selldorf’s Reade Chambers interiors revealed
Interiors at 64 Reade Street A sneak peek at the Annabelle Selldorf-designed interiors of the Reade Chambers boutique condominiums, which began hitting the market in late January, reveals a minimalist,...
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