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EPA includes developer’s Red Hook landfill proposal in Gowanus Canal cleanup...
Gowanus Canal The U.S. Environmental Protection Agency recently finalized its Gowanus Canal cleanup proposal and, as Gothamist noted, the plan includes a controversial measure that is pitting Red Hook...
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This month in real estate history
The Martinique Hotel From the April issue: 1923: City bans climbing buildings by “human flies” After a daredevil died in a publicity stunt to promote a silent movie, New York City banned the scaling of...
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Work resumes at Chetrit’s 500 Metropolitan project
From left: Joseph Chetrit, 500 Metropolitan Avenue and Gene Kaufman The Chetrit Group has resumed construction at the stalled 500 Metropolitan Avenue site in Williamsburg, Brownstoner reported. The...
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Times Square set for two new hotels next year, farewell to Meseritz Synagogue...
One World Trade Center 1. Times Square set for two new hotels next year [DNAinfo] 2. Heavy winds push back crowning of One World Trade Center [NYO] 3. Central Park West condo board cracks down on...
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Follow TRD on Twitter
Follow TRD on Twitter The Real Deal‘s Twitter feed is the go-to source for real estate insiders on the move. Follow @trdny for a constantly updated look at the latest in real estate news, play-by-play...
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DOB issues stop work orders at 12 percent of low-rise construction sites
Robert LiMandri The Department of Buildings has issued 34 full and 75 partial stop work orders as part of a citywide safety inspection of 920 low-rise construction sites, the agency said. The orders...
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DOB fines Elliman, Halstead agents for listing illegal units
Elliman’s Dottie Herman andHalstead’s Diane Ramirez The Department of Buildings is cracking down on illegal apartments by issuing fines to the agents and brokers who list them, the New York Times...
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Bluerock to develop townhouse block on Pacific Street in Brooklyn
Philip Mendlow and 321 Pacific Street (credit: PropertyShark) Five new single-family townhouse properties are coming to Pacific Street in Brooklyn, slated for a summer 2014 completion, the New York...
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70 Pine owners secure $300M construction loan
70 Pine Street and Carl Schwartz The owners of 70 Pine Street secured a $300 million construction loan Friday, allowing them to move forward on converting the office tower, the former headquarters of...
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Despite Midtown East rezoning plan, some “dwarf” buildings to remain among...
465 Lexington Ave. (Source: Google) Roughly two dozen low-rise buildings, some with residents living inside, are scattered throughout the proposed Midtown East rezoning district, the New York Times...
View ArticleWatch TRD’s “Building Stories” documentary: VIDEO
Watch Building Stories on PBS. See more from Treasures of New York. For those who haven’t yet seen The Real Deal-produced documentary about the life and work of one of New York’s most prolific...
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City Council committee discusses co-op bias bill
Alphonse Fletcher Jr. and City Council Member Lew Fidler Following a three-year wait, a City Council committee is holding a hearing today on a bill that strives to end co-op board discrimination, the...
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Park Slope McDonald’s site up for grabs
TerraCRG’s Ofer Cohen and the McDonald’s site Brooklyn’s Fourth Avenue has had its share of ups and downs – the real estate boom saw new towers like the Novo and the Crest sell out, while the crash...
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Data firm inks 25K sf lease at 257 Park Ave. South, Abu Dhabi sheik looks to...
Downtown Brooklyn 1. Data firm inks 25,000-square-foot deal at 257 Park Avenue South [NYO] 2. Judge blocks city’s move to end post-Sandy hotel room shelter program [WSJ] 3. Abu Dhabi sheik looks to do...
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Lien in: Kathy Sloane hit with $700K tax bill
Kathy Sloane, a co-op at 740 Park that she sold for $52.5 million Long plagued by tax troubles, luxury real estate broker Kathy Sloane of Brown Harris Stevens has been slapped with more than $730,000...
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Milstein inks $498M loan with Bank of China
From left: Howard Milstein, 335 Madison Avenue and Bank of China President Li Lihui The Bank of China has inked its second massive loan in a month, this time providing $498 million to an affiliate of...
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Zillow, Trulia stocks gain as U.S. housing stabilizes
From left: Trulia CEO Pete Flint and board member Sami Inkinen Real estate-related companies such as Zillow, Trulia and Home Depot are reaping the benefits of a recovering U.S. home market in the form...
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NYC adds small number of construction jobs
Construction employment rose a slight 2 percent in New York City in March, compared to the same period a year ago, according to a release from the Associated General Contractors of America. The...
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Boston Properties focused on investment sales in Q1
From left: Mort Zuckerman and incoming Boston Properties CEO Owen Thomas Boston Properties channeled its energy into investment sales in the first quarter, GlobeSt reported, citing an earnings call...
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Seward Park proposals due Monday, but details will stay hidden to public
Bird’s eye view of parking lots that comprise Seward Park area Proposals for the Seward Park redevelopment site on the Lower East Side are due Monday, and the city intends to choose a developer in the...
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