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Marcos Cohen, Leonard Steinberg team win big at Douglas Elliman annual awards
Clockwise from left: Marcos Cohen, John Gomes and Fredrik Eklund, the Alexander team including Alexander Bank, Tal Alexander and Oren Alexander with Elliman President Dottie Herman and Cohen Douglas...
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Aby Rosen’s RFR lists 980 Madison
From left: Aby Rosen and 980 Madison Avenue RFR Realty has listed its block-long commercial property at 980 Madison Avenue, Crain’s reported. The sale could possibly fetch $100 million or greater, due...
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Azad sues former Soho retail owners over failed Vornado bid
131-137 Spring Street The former owners of 131-137 Spring Street are facing up to a $6.75 million lawsuit from Azad Property Group, a commercial brokerage that claims it arranged a deal for Vornado...
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Top stories yesterday on The Real Deal: 1. HFZ near deal for 350K square foot NoMad project 2. Keystone to build luxury condo in West Village 3. Amazon set for massive Manhattan space expansion
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UES townhouse sells for $24.5M, LoMa gets back weekend PATH service … and more
Mural at Nu Hotel (Image c/o Steven Weinberg studio) 1. Upper East Side townhouse finally sells for $24.5 million [NYO] 2. Have shipping containers, will build home [DNAinfo] 3. 30-year-fixed rate...
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City unveils details of Midtown East rezoning
Midtown East The city is moving forward with its proposal to rezone Midtown East, and will kickstart the official six-month public review process in early April, Crain’s reported. At a presentation...
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Durst’s Pier 40 proposal financially risky, study says
From left: Douglas Durst and Pier 40 Douglas Durst’s proposal to create new office and retail space at Hudson River Park’s Pier 40 development could be financially riskier than a community plan to...
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Soho PH belonging to Alicia Keys and Swiss Beatz in contract for $15M
Alica Keys, Swizz Beatz, 30 Crosby Street and the triplex penthouse A penthouse at Soho’s 30 Crosby Street belonging to singer Alicia Keys and husband Swiss Beatz has entered into contract for $15...
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Residential development: Building up momentum
From the 2013 Data Book: After a number of years in which the pipeline of new residential development projects thinned dramatically, 2012 saw an emphatic return of approved projects that are getting on...
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Lincoln Square sees residential surge
Lincoln Square apartments Lincoln Square on the Upper West Side has seen a surge of new residential development, and will add over 1,000 rental apartments over the next few years, the Wall Street...
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From selling underwear to selling real estate
Christopher Austad of Douglas Elliman Many New York sales agents have come to the business of real estate from a wide range of other professions. In an ongoing series, TheRealDeal.com will profile...
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New York pension funds to invest $500M in Sandy damaged areas
City Comptroller John Liu and Sandy Damage Victims of Hurricane Sandy are about to see relief from an unexpected source: the city’s four largest pension funds. City Comptroller John Liu announced this...
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Priciest, cheapest units to hit the market
From left: 535 West End Avenue and 235 West 102nd Street Lisa Lippman and Scott Moore of Brown Harris Stevens have this week’s priciest listing, according to Streeteasy.com. Located at Extell...
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Wagner Davis lawyers decamp to Porzio
Steven Wagner The law firm Porzio, Bromberg & Newman is diving into the New York City real estate game with the addition of a team of attorneys that includes Steven Wagner, John Wagner, Bonnie Reid...
View ArticleA foreclosure reversed, with help from CFPB
Jeanette Ogle, a 92-year-old widow with a reverse mortgage on her house, got a huge birthday surprise last week: She did not lose her home at a scheduled foreclosure auction that had drawn scrutiny...
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Meadow buys Midtown East tower for $61M
Jeffrey Kaplan and 211 East 43rd Street Meadow Partners, a Midtown-based investment fund that focuses on New York City and London, purchased a 25-story office tower at 211 East 43rd Street for $61...
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What really made Vornado’s CEO resign?
Michael Fascitelli A columnist for Forbes, Brad Thomas, is speculating that Vornado Realty Trust’s bet on struggling retailer JC Penney is what forced CEO Michael Fascitelli to step down this week....
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Stuy Town couple challenges blockbuster settlement
Stuyvesant Town Two residents of Stuyvesant Town-Peter Cooper Village are asking a judge to dismiss the planned $68.7 million settlement between tenants and ownership over allegations of rent...
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Customer service key in mortgage selection
An ad for mortgage services Close to a third of mortgage shoppers are willing to pay a premium for superior customer service, a new survey examined by the New York Times shows. The survey—conducted by...
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DelShah wins dismissal of 55 Gansevoort suit
Michael Shah and 55 Gansevoort Street A New York State Supreme Court judge yesterday dismissed a lawsuit disputing the ownership of 55 Gansevoort Street, a vacant Meatpacking District building that...
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