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Glass tower topper proposed for NoMad low-rise
Renderings of the proposed addition to 1165 Broadway (Credit: Spector Group) The landmarked five-story building at 1165 Broadway in NoMad could play host to a 20-story glass addition, should a proposal...
View ArticleDeveloper Uri Kaufman would ditch scaffold law, rent stabilization as...
Developer Uri Kaufman lambasted the state’s real estate regulations in a discussion with reporters about what he would do to stimulate business in New York if he was governor for a day. Kaufman, the...
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Walter & Samuels buys UWS retail condo for more than $20M
From left: 2770 Broadway, David Berley and Charles Ackerman An executive of a real estate firm Walter & Samuels has dished out $20.25 million in an off-market purchase of an Upper West Side retail...
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CoStar buys Apartments.com for $585M
From left: Andrew Florance and the homepage for Apartments.com A subscription-driven data cruncher for the commercial real estate industry has swallowed up an online apartment search company for $585...
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Toll Brothers, Sloan Kettering could bid for LICH
From left: Bob Toll and Memorial Sloan Kettering Two new potential investors in Long Island College Hospital have arrived on the scene. Representatives of development firm Toll Brothers and cancer...
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Heiberger, Sitt reach settlement in Town legal battle
Andrew Heiberger and Joe Sitt Andrew Heiberger and Joseph Sitt, Town Residential’s top guns, have reached a settlement in their legal battle, bringing an end to an ugly — and public — bust-up between...
View ArticleTop stories
Top stories yesterday on The Real Deal: 1. Behind-the-scenes look at the battle for Town 2. Chetrit pays $32M for Penn Plaza site 3. Halstead takes Thor to court over disputed commission
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After 70 years, China Institute to move out of UES home
125 East 65th Street and rock garden The China Institute in America is asking $32 million for the 35-foot-wide Upper East Side mansion it has occupied for roughly seven decades. The bicultural...
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Feeling lucky? Google fund invests $50M in Auction.com
Google Capital’sDavid Lawee Google Capital, a growth equity fund launched by Google last month, was quick to dole out a $50 million investment in up-and-coming foreclosure marketplace website...
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A peek inside One57’s Park Hyatt hotel, Matthew McConaughey’s clothing line...
26-foot Marilyn Monroe statue in Chicago 1. A peek inside One57’s Park Hyatt hotel [NYT] 2. Manhattan buyers’ club: Matthew McConaughey’s clothing line gets NYC showroom [NYP] 3. Marilyn Monroe...
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Inside Anbau’s retail-to-condo transformation on UES
From left: Renderings of facade and living room at 155 East 79th Street Once home to a candy shop, the retail space inside a marble building on the Upper East Side has been rebuilt from the ground up...
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Follow The Real Deal on Facebook
The Real Deal’s Facebook page “Like” The Real Deal magazine on Facebook here, and you’ll join a community of nearly 35,000 fans discussing the latest in New York real estate news. Our Facebook page...
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Gimme shelter: Keith Richards buys Greenwich Village co-op
From left: Patti Hansen, Keith Richards and listing images of their new home From Luxury Listings NYC: You can’t always get what you want — but if you’re Keith Richards, you can. The Rolling Stones...
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Commercial, multifamily mortgage delinquencies tumble in Q4
Rising home prices and values are boosting the performance of commercial and multifamily mortgage loans and lowering delinquency rates, according to industry researchers. The number of loans with...
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Bank of China was lender in Vornado’s $600M loan
Renderings of 220 Central Park South In what will likely be one of the largest loans issued in Manhattan this year, The Bank of China was identified in city records as the company financing Vornado...
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City Planning unanimously approves Domino Sugar condo plan
Rendering of Domino Sugar factory redevelopment The City Planning Commission has approved Two Trees Management Company’s redevelopment plan for the landmarked Domino Sugar site in Williamsburg. Two...
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Condo board suit over gym lease goes to court
From left: 140 Franklin Street and Mickey Drexler The landlord of a Tribeca condominium building blocked from leasing space to Crunch Gym is heading to court next week to fight a temporary restraining...
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Q&A: Author Michael Gross dishes on 15 CPW
Michael Gross and the cover of his new book From the March issue: Michael Gross, real estate historian/ gossip monger extraordinaire, sat down with The Real Deal last month to talk about his latest...
View ArticleBrookfield eyes stake in $1B Manhattan portfolio: sources
An affiliate of the property giant Brookfield Properties is the leading bidder to buy a large stake as part of a refinancing of a $1 billion apartment portfolio in Upper Manhattan and Roosevelt Island,...
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Bank regulator investigates Nationstar’s growth
Benjamin Lawsky The chief bank regulator in New York is taking a closer look at the business practices of mortgage provider Nationstar Mortgage amid complaints from Empire State borrowers. According to...
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