Commercial market report: Stodgy firms are hot again in 2014
From left: David Levy and John Ryan From the December issue: Midtown’s old stand-by finance and legal tenants are back on top after being displaced last year by the “hotter” firms in the technology,...
View ArticleJersey City tower gets height boost, will be tallest in NJ
Earlier rendering of the tower at 99 Hudson Street in Jersey City Perkins Eastman is designing a 950-foot-tall tower in Jersey City that will be the tallest in the Garden State. The new plans for the...
View ArticleSam Chang to build seven-story Times Square hotel
322-326 West 44th Street and Sam Chang Is this what retirement really looks like for Sam Chang? The McSam Group developer just filed plans for the second time this week for a hotel project — this time...
View ArticleWhat’s hot on TRD Social right now
1. Sources: Cushman & Wakefield is close to acquiring to Massey Knakal 2. Toll Brothers’ Pierhouse to see big payday 3. Smallest pads see biggest rent increase Like The Real Deal on Facebook for...
View ArticleSotheby’s in, Corcoran out at Steve Cohen’s One Beacon Court
From left: The duplex at One Beacon Court (Cohen’s avatar h/t Curbed), Steve Cohen and Serena Boardman Embattled hedge fund billionaire Steven Cohen is slashing the price of his One Beacon Court...
View ArticleTIAA-CREF, Korean credit union get in on Mobil building action
150 East 42nd Street (Inset: TIAA-CREF CEO Roger Ferguson) TIAA-CREF and the Korean Teachers Credit Union acquired a $175 million loan on the Mobil building at 150 East 42nd Street. The financing is...
View ArticleTown tears it up at TAO: PHOTOS
A Town Residential broker recently rhapsodized that “Andrew Heiberger is to Town what Caesar was to Rome.” That remains to be seen, but what is evident is that the firm’s first holiday party with...
View ArticleOmega, Lululemon sign up at Brookfield Place
From left: Brookfield Place rendering, Edward Hogan and Lululemon at 1146 Madison Avenue (credit: Well and Good) Brookfield Office Properties signed up two high-profile retail tenants for its...
View ArticleCarl Weisbrod promises “thoughtful” capital spending
From left: Carl Weisbrod and Mayor Bill de Blasio City Planning Commissioner Carl Weisbrod is promising that the city’s capital spending will be more thoughtful and coordinated than under the previous...
View ArticleQueens industrial property values jump 60% — in one year
Maspeth, Queens Owners of industrial sites in Queens have seen their property values rise a staggering 60 percent over the past year as developers increasingly warm up to the borough, according to a...
View ArticleBeacon Capital buying minority stake in MetLife’s 85 Broad
From left: MetLife’s Steven Goulart, Beacon’s Alan Leventhal and 85 Broad Street in Lower Manhattan Beacon Capital Partners is buying a minority stake in MetLife’s 1.1 million-square-foot office tower...
View ArticleAby Rosen’s RFR to tap Urban Compass for 61-story tower
From left: Aby Rosen, a rendering of 610 Lexington and Robert Reffkin Aby Rosen’s RFR Realty – which already leases more than 60,000 square feet of office space to Urban Compass – is poised to retain...
View ArticleTop 10 real estate scenes in movies: VIDEOS
Clockwise from left: “Moving,” “It’s a Wonderful Life,” “Beetlejuice” and “Step Brothers” New York real estate is natural fodder for Tinseltown. Think of the drama, the double-crossing, the deals made...
View ArticleFrom sales to Shakespeare
Actor Paul Sorvino, left, with Avison Young’s Jason Meister From the December issue: The fate of a project yet again rests in the hands of Avison Young’s Jason Meister. This time, however, it’s not a...
View ArticlePink Stone moving ahead with 51-story FiDi tower
From left: A rendering of 111 Washington Street, Richard Ohebshalom and the development site Richard Ohebshalom’s Pink Stone Capital is moving along with a 51-story, 429-unit tower in the Financial...
View ArticleSteepest, cheapest listings in Manhattan this week
Sotheby’s International Realty’s Serena Boardman had the week’s priciest listing with an $82 million penthouse at One Beacon Court. The more than 9,000-square-foot duplex on the top floors of the...
View ArticleThe week in renderings: Yotel, 860 Washington
[caption id="attachment_454931" align="aligncenter" width="570"] Renderings of 860 Washington Street in the Meatpacking District and 646 Lorimer Street in Williamsburg (credit: AAI Architects and...
View ArticleThe Wrap: Cooper-Hewitt reopens after $91M upgrade, LaGuardia Park getting...
2 East 91st Street on the Upper East Side 1. Cooper-Hewitt reopens after $91 million upgrade [Curbed] 2. LaGuardia Park getting renovated, then demolished [Curbed] 3. Flushing developer Pi Capital...
View ArticleTop residential agents of the week
From left: Juliette Janssens, Allison Koffman, Jackie Rohrbach and 150 East 72nd Street on the Upper East Side Price: $15,273,750 Listing broker: Allison Koffman, Juliette Janssens and Jackie Rohrbach...
View ArticleNYC’s 5 most unusual buildings
Unusual architecture in NYC From luxury listings NYC: New York City’s eclectic mix of architectural styles is part of its charm. But here are five buildings that are true anomalies, via Revaluate. [more]
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