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Sandy hit low-income tenants hardest, Transwestern gets first NYC leasing...
Interior shot of a $23 million Malibu listing (source: Jeff Elson via Forbes) 1. Two new studies show that Sandy hit low-income renters hardest [Crain’s] 2. Transwestern gets first New York City...
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Goldman unleashes 300,000 sf on Jersey City sublease market
30 Hudson Street at center Goldman Sachs has listed approximately 300,000 square feet of its Jersey City office space for sublease, Crain’s reported. The space comprises the top eight floors of the...
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Businesses spent $62M to lobby for projects in 2012
A blueprint of the Flushing Meadows-Corona Park soccer stadium in Queens Lobbyists received a heady $62 million in 2012 to influence New York City government, with Major League Soccer shelling out the...
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Top stories yesterday on The Real Deal: 1. Conde to nab more space downtown—not at WTC 2. Related nabs former AREA exec for new role 3. City makes $250M deal with Peebles, Chetrit Group for landmarked...
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113 Nassau Street tower tops out, Brighton Beach, Coney Island most affected...
The Coney Island boardwalk 1. 113 Nassau Street tower tops out [Curbed, 1st item] 2. Brighton Beach, Coney Island most affected by Sandy, new report shows [NYDN 3. Music mogul rents Chipotle founder’s...
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Luxury sellers who rushed to avoid the fiscal cliff may have been too hasty
Sellers who scrambled to unload high-end properties just before the advent of the so-called fiscal cliff may now be worse off, the Wall Street journal reported. A record number of luxury sales were...
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East Village lot with approved condo plans sells
277 East 7th Street An East Village development site located at 277 East 7th Street has sold for $1.9 million, EV Grieve reported. The site already has city-approved plans for the development of a...
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Elliman to open Los Angeles outpost this year
From left: Howard Lorber, chairman of Douglas Elliman and Beverly Hills, Calif. New York City’s largest residential real estate brokerage will expand to Los Angeles, The Real Deal has learned. Douglas...
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Guggenheim names new head of real estate biz
Henry Silverman Guggenheim Partners, an asset management firm with $170 billion under management, has named Henry Silverman, 72, as the new head of its real estate and infrastructure business,...
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Hustle with muscle: Real estate pros look for thrills (fox hunting anyone?)...
Bond’s Sebastien Lindenmayer is an ice climbing enthusiast From the March issue: The first time real estate agent Anita Zander went fox hunting, she ended up in the hospital with three broken ribs. But...
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City Council vote on Hudson Square postponed, WalMart scales back NYC...
Mock penthouse netting atop East Village synagogue (Credit: DNAinfo) 1. East Side Access is $4 billion over budget and 10 years behind schedule [Capital New York] 2. City Council postpones vote on...
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NYC home loans sold at “fire sale” pricing on Auction.com, suit says
Nationstar Mortgage CFO David Hisey Investors in New York are always trying to find an angle as they shop for real estate, but today a group of bondholders is aiming to pour cold water on one auction...
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Chinese developer eyes stake in GM Building
Zhang Xin and the GM Building A group headed by Zhang Xin, one of China’s biggest developers, is now in advanced negotiations to buy a 40 percent stake in the General Motors Building in Midtown, the...
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Douglaston settles with lenders at Cameo building
Jeffrey Levine and the Cameo building Jeffrey Levine’s Douglaston Development appears has come to a settlement agreement with its lender U.S. Bank National over a troubled loan at the Cameo, its luxury...
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Top stories yesterday on The Real Deal: 1. SL Green facing ground lease eviction at Times Square retail property 2. Related nabs former AREA exec for new role 3. A look at the 15 worst U.S. housing...
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Larry King returns to Brooklyn, Two Sutton Place nearly topped out … and more
Bleecker Bob’s at 118 West 3rd Street 1. Pennrose to be involved in Prospect Plaza affordable housing project [GlobeSt.com] 2. Two Sutton Place close to topping out [Curbed, 1st item] 3. ‘This is...
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Turtle Bay comes out from under its shell
A rendering of the Zeckendorfs’ 50 United Nations Plaza Midtown East’s Turtle Bay neighborhood is undergoing a development renaissance, with several long-stalled projects recently taking off and a...
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ClearRock, Juster close on two of Yeshiva’s Midtown East buildings for $29M
9 East 38th Street A joint venture between ClearRock Properties and Juster Properties has acquired two adjacent Midtown buildings from Yeshiva University for $29 million, according to a press release...
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Manhattan’s 10 most distressed properties
From left: Aby Rosen of RFR. 90 Fifth Avenue, Extell’s Gary Barnett and the Belnord Real estate investors are complaining that distressed opportunities in Manhattan have become much harder to find in...
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New NYC natural gas pipeline has Chelsea residents fearful of explosion
A view north from Chelsea A major new pipeline that will bring natural gas into New York City has Chelsea residents fearful of a potential explosion, DNAinfo reported. At a Community Board 4 meeting...
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