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...
View ArticleOutdated 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...
View ArticleKarl 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...
View ArticleBeer 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...
View ArticleTop 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...
View ArticleSniffing 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...
View ArticleFinancier 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...
View ArticleAIG 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...
View ArticleDurst’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...
View ArticleLarge 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...
View ArticleHelmsley 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...
View ArticleTop 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...
View ArticleUES 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,...
View ArticleBad 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...
View ArticleiPod 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...
View ArticleTime 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,...
View ArticleYouTube 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...
View ArticleRed 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...
View ArticleHedge 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...
View ArticleLightstone 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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