The Real Deal New York

The first model apartment at the long-awaited Watchcase Factory condominium development in Sag Harbor is opening this weekend, the New York Times reported. [more]

From left: 155 Franklin Street and 18-18 West 119th Street

Trump International Realty’s Michelle Griffith has the priciest listing to hit the Manhattan market this week, according to StreetEasy. Listed for $40 million, this penthouse condominium is located inside Trump Park Avenue at 502 Park Avenue. The unit has 7,132 square feet, eight full bathrooms and seven bedrooms. Head up to Central Harlem, where Corcoran’s Sandra Balan has the cheapest listing this week. The one-bedroom, one-bathroom co-op is located at 16-18 West 119th Street. The home comes with hardwood flooring, nearly 10-foot-high ceilings and a walk-in closet. See these listings and more after the jump.

Peter Jackson and 155 Franklin Street

Peter Jackson is parting with two penthouse condominiums, and they’re not in Middle-Earth or even Midtown, but rather Tribeca. The filmmaker behind “The Lord of the Rings” trilogy and “The Hobbit” has listed his two apartments at 155 Franklin Street for $21.5 million, Curbed reported. [more]

Atlas Park

Macerich, a real estate investment trust that owns retail properties nationwide, has big plans for drawing crowds to its Shops at Atlas Park in Glendale, Queens, Crain’s reported.

The mall, at 80-00 Cooper Avenue, opened in 2006 with an array of upscale shops but went bankrupt. Five years later, California-based Macerich bought the mall for $54 million and has been working to bring affordable national chains to the location. [more]

Tiffany & Company at 727 Fifth Avenue

From the May issue: 1939: Tiffany’s moves to upper Fifth Avenue

In a decision exemplifying the continued uptown march by luxury retailers on Fifth Avenue, famed jewelry store Tiffany & Company announced a deal to relocate 20 blocks north to 727 Fifth Avenue at 57th Street, 74 years ago this month.

At the time, Tiffany’s was located at 401 Fifth Avenue, at 37th Street, an area that was losing its influence as a shopping district. [more]

Mark Zuckerberg and 770 Broadway

Social networking titan Facebook is eyeing a Manhattan expansion and possible relocation, and is considering taking 160,000 square feet at Vornado Realty Trust’s 770 Broadway, Crain’s reported. [more]

An interior rendering of 522 West 29th Street (Image via Montroy Andersen DeMarco)

UPDATED, 10:45 a.m., May 24: A partnership between Black House Development and Oriel is bringing an 11-story, 27-unit luxury condominium building to West Chelsea, according to Department of Buildings permits spotted by BuzzBuzzHome. [more]

A rendering of Pier 57

At least five retailers will open stores at Pier 57’s 19,000-square-foot headhouse after Memorial Day, the project’s developer Young Woo & Associates announced at an International Council of Shopping Center‘s RECon 2013 event attended by Crain’s.

The pop-up shops set to open include: Cold Press Coffee, Brooklyn-based fresh juice bar Butchers Daughter, and Gowanus-based eatery Fletcher’s BBQ. The headhouse is part of a 440,000-square-foot building on the pier next to Hudson River Park that Young Woo recently won the right to convert into a shopping center and cultural hub. [more]

From left: Eric Benaim of Modern Spaces, an interior and exterior rendering of Five27

Half the homes at Long Island City’s luxury condominium Five27 are already in contract, and the excitement over sales reached such a frenzy that a prospective customer bum-rushed the door at the project’s opening, the New York Daily News reported. [more]

Governors Island

Tax records reveal Bloomberg’s trio of Southampton homes. What NYC homeowners should know about refinancing a home. Signage pops up at Tribeca’s 7 Harrison Street project. And also at the Fulton Street transit hub. Living in the “Arrested Development” home has its perks and pitfalls. Read these stories and more after the jump.