The Real Deal New York

  • Andrew Saunders denies talk of selling firm, says rivals are trying to undermine him

    “This is an engineered strategy by our competitors,” Saunders & Associates chief says
    May 24, 2015 06:49PM By Hiten Samtani
    Andrew Saunders

    Andrew Saunders

    In recent months, there have been whispers — and shouts — that Saunders & Associates, one of the two largest independently-owned brokerages on the East End, is being sold.

    But on Sunday, the firm’s founder and president Andrew Saunders said that there was zero truth to the rumors, and accused his larger competitors of planting them in an effort to undermine the health of his firm. [more]

  • Screen Shot 2015-05-22 at 4.32.47 PM

    The Real Deal will take a brief hiatus on Memorial Day Monday, but will keep our eyes peeled for any breaking news. Don’t forget to check back Tuesday morning, when we’ll resume regular posting starting at 7:30 a.m.

    Enjoy the sunshine! — TRD

  • Private island overlooking NYC asks $11M

    The historic homes hosted the likes of Marilyn Monroe, Maureen O'Sullivan and Barbara Stresiand
    May 24, 2015 04:00PM TRD WEEKEND EDITION
    T and Marilyn Monroe

    Tavern Island and Marilyn Monroe

    A mansion nestled on a private island overlooking New York City has hit the market asking $11million. [more]

  • Maryland ruling could unburden NYC pied-à-terre owners

    NYC’s statutory residency test may be unconstitutional
    May 24, 2015 03:00PM TRD WEEKEND EDITION


    The U.S. Supreme Court has ruled against Maryland’s tax regime in Comptroller v. Wynne. And that could be a victory for wealthy owners of second homes in New York who face double taxation on investment income. [more]

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  • Pack it up, pack it in

    Once known for raucous clubs, 24-hour bistros, Meatpacking emerges as daytime destination
    May 24, 2015 02:00PM TRD WEEKEND EDITION


    From Luxury Listings NYC: Like a club kid who has partied all night, the Meatpacking District is emerging into the sunlight. It’s part of a transformation of the area into a place to work and soak up culture during daylight hours. [more]

  • Hot off the grill: new Paramount Miami Worldcenter renderings

    Ninth floor amenities deck includes soccer fields, tennis courts, pools and a gym
    May 24, 2015 01:00PM TRD WEEKEND EDITION
    Brand new rendering of Paramount Miami Worldcenter's grill park

    Rendering of Paramount Miami Worldcenter’s grill park

    From the South Florida Website: Just in time for Memorial Day, Paramount Miami Worldcenter has served up some fresh renderings of its outdoor barbecue park, The Real Deal has learned. [more]

  • More Americans are buying abroad

    But international deals often come with complications
    May 24, 2015 12:00PM TRD WEEKEND EDITION
    A Caribbean vacation home

    A Caribbean vacation home

    A strong dollar means it’s time to look for deals abroad, but making international real estate plays also comes with “complications.” [more]

  • Theatrical group in talks to preserve Slave Theater

    The upper floors are still slated for a condo conversions
    May 24, 2015 11:00AM TRD WEEKEND EDITION
    Slave Theater and

    Slave Theater and Jonathan Solari

    The fate of Bed-Stuy’s landmark Slave Theater has been uncertain ever since it was sold to a developer in 2013. And while a condo conversion is certainly on its way, a theater group is hoping to revive the theater space. [more]

  • Delos penthouse slashes ask to $30.5M

    It first listed for $50 million
    May 24, 2015 10:13AM By Business Insider

    The Delos penthouse and Leonardo DiCaprio

    A unique penthouse in Manhattan’s Greenwich Village is having some trouble finding a buyer. The apartment was first listed for $50 million when it went on the market 2 years ago, only to have its price cut to $39.8 million last fall. [more]

  • Fashion café

    Ralph Lauren’s new Polo Bar is Midtown’s latest exclusive hotspot for the A-list crowd
    May 24, 2015 09:33AM TRD WEEKEND EDITION


    From Luxury Listings NYC: Don’t be fooled by the label: Ralph Lauren’s Polo Bar isn’t some department-store diner or a fashion-themed tourist trap. In fact, tourists shouldn’t bother approaching one of the restaurant’s iPad-bearing gatekeepers — the next available table is likely several months away. [more]

  • Second Avenue subway now 82 percent complete

    MTA officials confident the new line will open by December 2016
    May 23, 2015 04:51PM TRD WEEKEND EDITION
    Michael Horodniceanu and renderings of the Second Avenue subway

    Michael Horodniceanu and renderings of the Second Avenue subway

    The long-awaited, $4.45 billion Second Avenue subway line is now 82 percent complete, the Metropolitan Transportation Authority has said. And it’s on track to open the first phase by December 2016. [more]

  • Hotel-like home lists for $19.5M in Wainscott

    It features a "Japanese barn-style great room"
    May 23, 2015 03:55PM TRD WEEKEND EDITION
    44 Sayres Path Wainscott and architect Maziar Behrooz

    44 Sayres Path Wainscott and architect Maziar Behrooz

    A sprawling property in Wainscott has hit the market for $19.5 million, just in time for summer. [more]

  • Mean Girls mansion asks $12M

    The 20,000-square-foot Toronto property was featured throughout the Lindsay Lohan flick
    May 23, 2015 03:00PM TRD WEEKEND EDITION
    Characters from "Mean Girls" and the mansion featured in the film

    Characters from “Mean Girls” and the mansion featured in the film

    The massive neoclassical mansion featured in the 2004 Lindsay Lohan film, “Mean Girls,” has hit the market asking $12 million. So fetch! [more]

  • Farwell, faux pas

    “Housekeeping camp” trains the one percent’s maids and nannies to provide flawless service
    May 23, 2015 02:00PM TRD WEEKEND EDITION

    UES1From Luxury Listings NYC: Chorz, the domestic staffing agency that Wilpon founded in 2011, now offers Sunday afternoon classes covering table setting, understanding the workings of a Manhattan building, how to work a Crestron home automation system and on keeping the best linen closet. [more]

  • From the archives: Living in glass houses, shunning stone

    The shimmering new aesthetic also brings design challenges
    May 23, 2015 01:00PM By C. Hobbs
    One Prospect Park and Richard Meier

    One Prospect Park and Richard Meier

    Walls of glass distinguish many of Manhattan’s newest marquee properties, and make many a pricey but older apartment look like a concrete bunker. But the prevalence of this aesthetic also brings design challenges, from privacy concerns to building difficulties. As residents adjust to the new look of their modern condos, developers are working out the kinks for future projects. Read the full story from the February 2006.

  • Harry Macklowe seeks to oust $244.37-a-month renters

    The 737 Park residents are members of the Katz real estate family
    May 23, 2015 12:00PM TRD WEEKEND EDITION

    Harry Macklowe, 737 Park Avenue

    Billionaire developer Harry Macklowe is waging a $9.7 million legal battle over a $244.37-a-month Park Avenue apartment. [more]

  • Morgans Hotel Group CEO Jason Kalisman resigns

    Howard Lorber was named chairman
    May 23, 2015 11:00AM TRD WEEKEND EDITION
    Jason Kalisman and Howard Lorber

    Jason Kalisman and Howard Lorber

    Jason Kalisman, the interim CEO of Morgans Hotel Group, has resigned, effective immediately. Howard Lorber has also been named chairman. [more]

  • Trinity Church in 1904

    Trinity Church in 1904

    There’s a new map that will help you chart exactly how much Manhattan has changed over the years. This week, the New York Public Library released an interactive website that allows users to travel back in time using the Library’s historical photography database. [more]

  • Great escapes

    A look at the priciest tri-state area hotels
    May 23, 2015 09:09AM By Christopher Cameron
    Winvian Farm

    Winvian Farm

    From Luxury Listings NYC: Clustered in the most exclusive enclaves of New York and Connecticut, these hotels give Manhattan a run for its money, both in terms of price and luxury. Guests often get far more for their dollar outside the city — say, an entire cottage vs. a single room. So compared to most uptown hotels, these country getaways offer a lot of value for truly unique and high-end experiences. [more]


  • Top residential agents of the week

    May 22, 2015 06:00PM
    John Burger and 3 East 80th Street on the Upper East Side

    John Burger and 3 East 80th Street on the Upper East Side

    John Burger of Brown Harris Stevens topped this week’s residential sales with a $19.8 million townhouse on the Upper East Side. Click here to see this listing and more.