Clik here to view.
Government briefs: TRD’s roundup of monthly regulatory news
Borough of Manhattan Community College From the March issue: In this month’s roundup of the government news affecting the city’s real estate, The Real Deal looks at a a proposal from the Related...
View ArticleClik here to view.
London’s most expensive home sells for $120M, DOB tries its hands at...
One Cornwall Terrace opposite London’s Regent Park 1. U.K. property titan Marcus Cooper buys “stonking” $120 million London home [Sun] 2. DOB starts renovation of 5,000-square-foot office where it...
View ArticleClik here to view.
Rare UWS development site hits the market
210 West 77th Street (Propertyshark) As non-profit organizations continue to struggle, many are liquidating real estate assets. The latest is 210 West 77th Street, which the Jewish Board of Family and...
View ArticleClik here to view.
Trevi Retail CEO forced out, sources say
650 Sixth Avenue Retail investment mogul Rockie Gajwani has been placed on administrative leave as CEO of Trevi Retail Group, the firm he founded in 2011, an executive at the company confirmed to The...
View ArticleTop stories
Top stories yesterday on The Real Deal: 1. Manhattan’s 10 most distressed properties 2. Zuckerman to step down as Boston Properties CEO 3. Williamsburg’s south side heats up
View ArticleClik here to view.
NYCHA hopes to bring pending repairs down to 100,000 by year-end, Related...
Gowanus’ Batcave 1. NYCHA hopes to winnow down outstanding repairs to 100,000 [NYT] 2. Related invests in 1.9 million shares in CommonWealth REIT [Bloomberg News] 3. Manhattan rent hikes lead to...
View ArticleClik here to view.
Extell sells International Gem Tower’s retail condo to Turkish jeweler...
From left: a rendering of the International Gem Tower and Extell president Gary Barnett Gulaylar Group, a Turkish jeweler and property management company, has purchased the retail condominium on the...
View ArticleClik here to view.
Lower Manhattan mixed-use project set to hit market in 2014, will be called...
From left: Henry Goldfarb and Stanley Lindenfeld of Lee & Associates, a rendering of 113 Nassau Street A 30-story SLCE Architects-designed mixed-use project rising at the corner of Nassau and Ann...
View ArticleClik here to view.
Full-floor apartment at 778 Park Avenue listed for first time since 1943;...
The apartment at 778 Park Avenue (Image c/o Streeteasy) and Roger Erickson (inset) A full-floor apartment at the Rosario Candela-designed 778 Park Avenue has hit the market for the first time in 70...
View ArticleClik here to view.
Affordable lender CPC gets $250M Citigroup boost
The Domino Sugar factory, which CPC sold to Two Trees for $185 million Community Preservation Corporation, a struggling nonprofit lender for affordable housing, has been rejuvenated with a $250 million...
View ArticleClik here to view.
After curious lawsuit, One Madison Park buyers get deposit back
David Lipman and the exterior of One Madison Park A lawsuit over a deposit involving branding guru David Lipman and Related Companies’ One Madison Park has been resolved, Curbed reported. Lipman...
View ArticleClik here to view.
Hampshire’s Dream Hotel refinanced for $100M
The Dream Hotel Ladder Capital, the commercial real estate finance company, has provided $100 million to refinance the formerly distressed Dream Hotel in Midtown, The Real Deal has learned. Jay Stein,...
View ArticleClik here to view.
Can Mitchell, Maxwell & Jackson survive?
MMJ’s founders, Jeffrey Jackson, left, and Steven Knobel deny wrongdoing in connection with a lawsuit filed against them, but acknowledge that the firm is struggling From the March issue: Unlike...
View ArticleClik here to view.
New condos, old facade to rise at 74 Grand
Renderings of 74 Grand New condos could soon rise from the site of a demolished cast iron building at 74 Grand Street in Soho, Curbed reported. Just days ago, developer Joshua Holmes bought the land...
View ArticleClik here to view.
Herald Center to see $50M upgrade
Herald Center and a rendering of the building after its $50M renovation Herald Center, between Manhattan Mall and Macy’s in Herald Square, is about to get a $50 million face lift, the New York Post...
View ArticleClik here to view.
Gaming company Alloy Digital inks Midtown lease
Alloy Digital’s Barry Blumberg and 498 Seventh Avenue Gaming and entertainment provider Alloy Digital has inked a 29,416-square-foot lease in Midtown on the 19th floor at 498 Seventh Avenue, according...
View ArticleClik here to view.
Chetrit sues former Hotel Chelsea owners for $4M
Joseph Chetrit, a rendering of the renovated Hotel Chelsea and Stanley Bard Chetrit Group head Joseph Chetrit is suing the former owners of the Hotel Chelsea, Chelsea 23rd Street Corporation, for $4.15...
View ArticleClik here to view.
Dormant Park Slope project back in action
701 Union rendering The long-stalled Park Slope residential development at 701 Union Street has resumed construction with a new architect and a new building permit in place, Brownstoner reported....
View ArticleClik here to view.
Paramount taps JLL to market Midtown office tower
JLL’s Frank Doyle and 1325 Avenue of the Americas Paramount Group has hired Jones Lang LaSalle to market its 786,000-square-foot office building at 1325 Avenue of the Americas, the brokerage said...
View ArticleClik here to view.
A-Rod checks out Ichiro Suzuki’s former pad
Ichiro Suzuki and Alex Rodriguez In the latest chapter of his apartment hunting saga, Yankees player Alex Rodriguez was spotted checking out baseball superstar Ichiro Suzuki’s former apartment in the...
View Article