Clik here to view.
CIM buys Fifth Avenue retail space for $80M
[caption id="attachment_220846" align="alignright" width="210"] 225 Fifth Avenue[/caption] CIM Group has bought a large retail space at 225 Fifth Avenue for $80 million, Crain’s reported. The real...
View ArticleClik here to view.
Developer David Edelstein’s townhouse sells for $21.5 million, the best new...
The interior of David Edelstein's townhouse Developer David Edelstein’s UES townhouse, purchased two years ago for $12.85M, trades for trades for $21.5M. Is NYC’s rental market softening? Curbed’s...
View ArticleClik here to view.
Invesco shells out $196 million for majority stake in 1466 Broadway retail
[caption id="attachment_220880" align="alignright" width="212"] Adam Spies, 1466 Broadway[/caption] Invesco has purchased the vast majority stake in the retail condominium at 1466 Broadway for $195.8...
View ArticleClik here to view.
Lower East Side rental building trades for $18M
[caption id="attachment_220889" align="alignright" width="210"] 157 Suffolk Street[/caption] A Lower East Side rental building at 157 Suffolk Street has been traded to the real estate investment...
View ArticleClik here to view.
Ousted National Arts Club president, others sue to retain apartments
[caption id="attachment_220905" align="alignright" width="141"] O. Aldon James[/caption] Former National Arts Club President O. Aldon James, his twin brother John James, both 65, and former club member...
View ArticleClik here to view.
More than 800 $4M-plus contracts logged this year
[caption id="attachment_221063" align="alignright" width="240"] Sandy Weill and 15 CPW[/caption] This year proved to be the strongest year for the New York City luxury residential market — with 807...
View ArticleThe top 10 real estate stories of 2012
In 2012, One57 rose, and Dewey & LeBoeuf collapsed. The World Trade Center topped out, and Manhattan Apartments bottomed out. The Barclays Center brought stars to Brooklyn, and Bravo TV made...
View ArticleClik here to view.
Daughter of Elliman broker arrested for possession of explosives, assault...
[caption id="attachment_221099" align="alignright" width="195"] Morgan Gliedman[/caption] The daughter of the Douglas Elliman broker Susyn Schops Gliedman has been arrested for allegedly possessing...
View ArticleDuo of Essex House units trade for $8.6M
Adjoining, combined units inside the Essex House at 160 Central Park South have sold for a total of $8.55 million, according to city records filed today. A company identified as Miami-based Hideca...
View ArticleOlive branch for Sixteenth Street Synagogue comes with hefty price tag
UPDATED: 7:11 p.m., Dec. 31: A Flatiron District synagogue that was originally slated for eviction on Jan. 7, then last week granted a temporary emergency stay of eviction, may have found its saving...
View ArticleClik here to view.
FEMA opens its only Manhattan center, the Donald’s most notable tweets of...
The Edge in Williamsburg, where Harry Smith, formerly of CBS, bought a home FEMA opens its only Manhattan center at 66 Frankfort Street. Former host of CBS’ “The Early Show” purchased $1.8M penthouse...
View ArticleClik here to view.
Kushner sells Observer building for $95 million
[caption id="attachment_221192" align="alignright" width="240"] 321 West 44th Street[/caption] Real estate developer Jared Kushner has sold 321 West 44th Street, where his New York Observer newspaper...
View ArticleLong Island City industrial building sells for $48M
In an area of Long Island City that is undergoing rapid development, a hulking former electrical supply building once owned by Eagle Electric Manufacturing sold for $48 million to an undisclosed buyer....
View ArticleClik here to view.
Related buys two High Line lots for $65 million
[caption id="attachment_221238" align="alignright" width="300"] Related's Stephen Ross and 507 West 27th Street[/caption] Related Companies has bought a scrapyard along the High Line for $65 million,...
View ArticleHappy New Year!
In honor of New Year’s day, we won’t be posting on Tuesday (but we’ll keep our eyes peeled for breaking news). The Real Deal wishes you and your family a festive New Year’s eve and a safe and happy...
View ArticleTop stories
Top stories yesterday on The Real Deal: 1. The top 10 real estate stories of 2012 2. Daughter of Elliman broker arrested for possession of explosives, assault weapons 3. Kushner sells Observer building...
View ArticleClik here to view.
Can Related’s Ross make 11th Avenue chic?, real estate litigation to watch in...
[caption id="attachment_221315" align="aligncenter" width="575"] A book on the storied history of McSorley’s Old Ale House coming out next year[/caption] Can Related's Stephen Ross make 11th Avenue a...
View ArticleGarment District $48.6M trade is evidence of the neighborhood’s transition
A $48.6 million deal for a building that traded for $30 million only 18 months ago — a $250 per square foot to $400 per square foot price increase – is further evidence that Garment District real...
View ArticleKaufman Organization launches dynamic “residential-style” websites for...
Commercial real estate firms have only recently begun to abandon the marketing brochure for a social media presence, but it was only a matter of time before competition for tech tenants, among other...
View Article