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Editor’s note: Funny money

Stuart Elliott From the August issue: In New York City real estate, it’s a time of record-setting deals, low inventory and apartments getting snapped up at lightning speed. But at the tippy top of the...

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Outdated railing blamed in Stonehenge resident’s death

400 East 57th Street and Jennifer Rosoff (inset) The cause of a woman’s fatal fall at a Stonehenge Partners-owned building on the Upper East Side was likely an aging balcony railing installed with...

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Karl Fischer-designed East Village condos selling like hotcakes, inside Dolly...

A rendering of the hypothetical MLS stadium at Pier 40 1. Karl Fischer-designed condos at 427 East 12th Street selling like hotcakes [EV Grieve] 2. Inside Dolly Parton’s Fifth Avenue penthouse in the...

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Beer and brokers at Magnum Real Estate’s latest Brooklyn project: PHOTOS

From left: Ryan McCann and Andrew Barrocas of MNS; Diana Hermanowski of Douglas Elliman A Brooklyn Brewery keg on hand, about 200 real estate brokers snuck a peak at Magnum Real Estate Group’s new...

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Top residential agents of the week

From left: Richard Orenstein and 250 West Street Price: $8,200,000 Listing Broker: Richard Orenstein of Halstead Property Address: 250 West Street From left: Alexis Bodenheimer, Cathy Franklin and 135...

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Sniffing out Manhattan’s dog-friendly buildings

From left: Shelby Semel and her Pomeranian Taz, the “pet-friendly” Millennium Towers From Luxury Listings NYC: Pity the pooches in these dog days of summer—unless, of course, they belong to the canine...

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Financier couple shells out $15.2M at 18 Gramercy Park

A rendering of 18 Gramercy Park South A floor-through residence at 18 Gramercy Park South sold for $15.175 million, according to the New York Times. Simon Lonergan and his wife, Amelie, purchased the...

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AIG to move headquarters to Water Street

175 Water Street American International Group plans to move its headquarters to 175 Water Street, a building that the insurance giant owns, Bloomberg News reported. The firm intends to move to the...

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Durst’s One Bryant Park not so green

One Bryant Park Despite being known as New York City’s most energy-efficient skyscraper, and the sparkling green credentials of its developer, the Durst Organization’s One Bryant Park uses more energy...

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Large Jackson Heights home sells for $650,000

From left: Jon Fisher from Douglas Elliman, the Chateaux unit’s living room, the extra rooftop room A huge three-bedroom apartment in Jackson Heights is being sold for only $650,000, according to...

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Helmsley Trust moves into Helmsley Building

230 Park Avenue A charitable trust named in part after the late Leona Helmsley is moving into a building once owned by and named after the woman, the New York Observer reported. The Leona M. and Harry...

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Top stories

Top stories over the weekend on The Real Deal: 1. Keller Williams says adios to “MDLNY” star Luis Ortiz 2. New York City’s best commercial firms to work for  3. Pam Liebman: Broker reality shows bad...

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UES party penthouse back on market asking $17M, community offers thumbs-up to...

The Park Avenue Tunnel (Photo by Tod Seelie / Gothamist) 1. Party penthouse at 120 East 87th Street back on market asking $17 million [Curbed] 2. Community offers thumbs-up to Hudson Yards BID plan,...

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Bad boy Shvo on prowl for more development sites

Michael Shvo and the site at 100 Varick Street Fresh off buying a West Chelsea  parcel, former bad boy broker Michael Shvo is now in talks to pick up more two sites — one in Soho and one in Midtown...

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iPod penthouse in UWS breaks record with $8.5M resale

2628 Broadway penthouse (Credit: StreetEasy) The penthouse that iPod parts built has sold for $8.5 million, sources told The Real Deal, in the most expensive resale deal for a condominium north of 96th...

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Time Equities gives huge rent break to gov’s office, city agency

Francis Greenburger and 633 Third Avenue Time Equities is giving a sweet deal to two of its Midtown East tenants, saving millions of dollars in rent for the governor’s office and the city of New York,...

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YouTube is opening first NYC studio in Chelsea

YouTube’s studio in Tokyo, Japan (Photo by fumi via Flickr) YouTube will open a 25,000-square-foot creative studio space in Chelsea next year, DNAinfo reported. The studio, to be located at 22 West...

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Red flags for real estate: Are dark clouds looming?

Manhattan From the August issue: In a Wall Street Journal op-ed last month, Boston Properties Chairman Mort Zuckerman voiced concerns about the economy, and especially the listless growth of the job...

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Hedge funder sells 15 CPW unit on the QT – for $29M

15 Central Park West Hedge funder Zachary Jared Schreiber has quietly unloaded his three-bedroom apartment at 15 Central Park West for $29 million, according to public records filed with the city...

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Lightstone borrows $43M from bank to build LoMa tower

Lightstone’s Mitchell Hochberg and 114 Fulton Street The Lightstone Group got the boost it needed for its $280 million Lower Manhattan tower project – a $43 million construction loan from Mexico-based...

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