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Bossert Hotel opening could boost area retail rents
Joseph Chetrit, Faith Hope Consolo and the Bossert Hotel The Bossert Hotel, located at 98 Montague Street in Brooklyn, could be a game-changer for the street’s retail corridor when the property...
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U.S. pending home sales increase, but below expectations
Pending home sales climbed 0.3% month-over-month in April. This missed expectations for a 1.5% rise. On a yearly basis they were up 13.9%, beating expectations for a 13.9% rise. “The housing market...
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How to navigate Landmarks, in the words of former Commissioner Stephen Byrns
From left: Justin Elghanayan and Stephen Byrns Location is, of course, the key to real estate, but it is also sometimes a key to winning approval for aggressive designs from the Landmarks Preservation...
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Is a commercial property coming to Boerum Place in DoBro?
66 Boerum Place rendering Will a three-story commercial property fill the fenced parcel at 66 Boerum Place in Downtown Brooklyn? Brownstoner unearthed a rendering from the website of developer ACHS...
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In their words: TRD’s roundup of the month’s real estate quotes
From left: Ivanka Trump, Luis Ortiz and Sam Zell From the May issue: In this month's feature on the funniest and most insightful comments on real estate, we have input from new "Million Dollar Listing...
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Schroders CEO revealed as buyer of $8.3M “Dental Death Doctor” townhouse,...
“Dental Death Doctor” house at 69 West 83rd Street (Credit: Vincent Lee via StreetEasy) 1. Schroders CEO Karl Dasher revealed as buyer of Dental Death Doctor’s $8.3 million Upper West Side townhouse...
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Townhouse home to UES animal hospital asking $19.9M
52 East 64th Street, home of the Park East Animal Hospital An Upper East Side townhouse at 52 East 64th Street that is home to the Park East Animal Hospital formally hit the market today asking $19.9...
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Two Plaza District leases break boom-time price records
From left: Sheldon Solow, 9 West 57th Street, the GM Building and Mort Zuckerman Two recent Plaza District office leases have broken new price records, marking the most expensive office leases since...
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Hell’s Kitchen rental buildings sell for eye-popping $880 per buildable foot
643-647 Ninth Avenue (Credit: PropertyShark) A modest five-story walk-up and an adjacent luxury rental in Hell’s Kitchen together sold for more than $880 per square foot, in what insiders said was of...
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Kanye West quietly shops Soho condo
Kanye West and 25 West Houston Street Rapper and soon-to-be father Kanye West is quietly selling his 25 West Houston Street apartment, the New York Post reported. West wants $4.5 million for the...
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Ex-Yukos exec, accused of ordering murders, lists Stanhope pad for $15M
Leonid Nevzlin and the Stanhope property Leonid Nevzlin, a former executive at the now-defunct Yukos oil company in Russia, put his 10th floor residence at the former Stanhope Hotel on the market for...
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RFR gets $100M refi for Midtown South building
RFR’s Aby Rosen and 345 Park Avenue South RFR Realty nabbed $100 million in refinancing for the 12-story office property at 345 Park Avenue South in the red-hot Midtown South market, Crain’s reported....
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Upper West Side landlord plans to tear down townhouses for new development
From left: 15 and 17 West 96th Street and Robb Pair of Harlem Lofts Sackman Enterprises, the under-the-radar owner of a number of Manhattan properties, plans to demolish two Upper West Side townhouses...
View ArticleAre kickbacks making a comeback?
A settlement between the federal Consumer Financial Protection Bureau and a Texas homebuilder is drawing renewed attention to a controversial issue that was prominent during the years preceding the...
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Jon Corzine’s ex closes 18 Gramercy Park’s first sale for $16.9M, madcap...
A rendering of 18 Gramercy Park 1. Jon Corzine’s ex-wife closes 18 Gramercy Park’s first sale for $16.9 million [NYT] 2. Historic townhouse at 830 Greenwich Street hits market for $17.5 million [NYT]...
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Young Woo envisions creative “powerhouse” at Pier 57
Pier 57 (Credit: Billy Farrell Agency) When the bidding for Pier 57 kicked off in the early 2000s, developer Young Woo wasn’t quite ready to commit to the mammoth 480,000-square-foot project. But he’s...
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Sam Chang files first new hotel plans in four years
From left: Sam Chang, 538 West 58th Street and 6 Water Street (Building photos: PropertyShark) Is Sam Chang getting back in the game? In recent weeks, his company, McSam Hotel Group — one of the city’s...
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Top residential agents of the week
From left: John Burger and 1 Central Park West 1. $13,000,000. John Burger of Brown Harris Stevens, unit 35G at 1 Central Park West. From left: Gordon Sokich and 69 West 83rd Street 2. $8,300,000...
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J. Crew sewing up lease in Cobble Hill: sources
From left: 151 Court Street in Brooklyn, CPEX’s Kristina Triglia and Ryan Condren As part of the further transformation of retail shopping in Brooklyn, the global apparel chain J. Crew is coming to a...
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Laub relists UES townhouse for $27.5M
Kenneth Laub Commercial broker Kenneth Laub’s four-story townhouse at 163 East 64th Street is back on the market for $27.5 million, the Wall Street Journal reported. The 8,000-square-foot home with...
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