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January 2013 Crossword

From the January issue: [more]

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Hizzoner on what cities can learn from each other, the real estate–Super Bowl...

New Orleans, where the Super Bowl will be held this Sunday Bloomberg on how cities can learn from each other: VIDEO. A stone’s throw from the Dakota is the Dakota … bar. An early start for Lightstone’s...

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Russian politician sues over Time Warner Center condo renovation

A Russian lawmaker and billionaire mogul is suing the Manhattan contractor he alleges overbilled him for work done to his Time Warner Center apartment. Vitaly Malkin is also contending that the firm,...

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LES developer offloads retail property for $21M

Lower East Side staple Angelo Cosentini, the developer of the famed Blue building at 105 Norfolk Street, has unloaded another of his holdings in the trendy neighborhood, according to public records...

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Three Manhattanites seek Sandy-related damages from landlords across New York

Three young Manhattanites have launched a proposed class action on behalf of all New York State tenants who paid rent in the aftermath of Hurricane Sandy — when many apartment dwellers were left...

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“One of the biggest housing booms and corrections of the modern era”:...

In recent years, the Manhattan residential market has careened up and down like a roller coaster. But the number of transactions has largely remained on par from where they were in the early 2000s,...

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Top stories

Top stories yesterday on The Real Deal: 1. LIC developer allegedly swindled property owners 2. W’burg’s Edge was best-selling building of 2012 3. Chetrit Group sues Phat Farm founder for $650K  [more]

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Governor’s Island calls on developers to “transform” southern half of island,...

[caption id="attachment_226955" align="aligncenter" width="560"] Governor's Island[/caption] Governor’s Island calls on developers to “transform” southern half of island. Battery Park City’s 1 Rector...

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Time Warner reaches out to brokers to value its HQ in anticipation of...

[caption id="attachment_226960" align="alignright" width="300"] Time Warner Center[/caption] Time Warner is reaching out to brokers to assess the value of its Manhattan headquarters, as it prepares to...

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DOS agrees to hear appraisers’ appeal before revoking licenses

[caption id="attachment_226946" align="alignright" width="177"] From left: Jeffrey Jackson and Steven Knobel[/caption] Two Manhattan appraisers will have a second chance to fight against the revocation...

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Kushner buys $130M portfolio of EV rental buildings

UPDATED, 2:56 p.m., Feb. 1: A joint venture between Jared Kushner and an unnamed international investor has closed on a portfolio of 17 walk-up apartment buildings in Downtown Manhattan for a total of...

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Developers, unions band together for greater Midtown East development

A group of developers has formed an unlikely alliance with labor and construction unions in an effort to expand the Bloomberg Administration’s proposed rules for allowing taller structures in Midtown...

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Chetrit, Bistricer pay $180M for Flatotel

Joseph Chetrit and David Bistricer have closed on the 46-story, 289-room Flatotel property at 135 West 52nd Street for $180 million, Crain’s reported. A conversion into high-end residential...

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Brooklyn investment sales jump 50% over 2011

Strengthening economic fundamentals and buzz surrounding major developments such as the Barclays Center and City Point have served as a boon for the Brooklyn investment sales market, according to a...

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Price relief for Midtown South?

From the February issue: The recent sale of a hulking, three-block-long office building straddling the border of Soho and the Meatpacking District may provide relief to tenants priced out of the...

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City Spire penthouse yanked from market, Brookfield “finalizing” 1.5M sf of...

Burst water main flooding near Madison Square Park (source: CBS2 Twitter account) The $100 million City Spire penthouse is no longer on the market, but it’s unclear why. Brookfield Office Properties...

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Alex Hotel in Midtown East sells for $115M

The 203-room Alex Hotel, located at 205 East 45th Street, has sold to an affiliate of the Wyndham Hotel Group for $115 million, The Real Deal has learned. The sale comes on the heels of the $180...

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Brown Harris Stevens’ MacRae Parker dies at 90

[caption id="attachment_227500" align="alignright" width="184"] MacRae Parker[/caption] MacRae Parker, a 50-plus year stalwart of Brown Harris Stevens, died today at his home in New York. He was 90....

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100 years of Grand Central Terminal: PHOTOS

Commuters throng through Grand Central Terminal at rush hour Grand Central Terminal, an icon that is as quintessentially New York as the Statue of Liberty and the Empire State Building, celebrated its...

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Top residential agents of the week

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