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The Real Deal New York

  • A taste of Versailles on Fifth Avenue

    An opulent renovated unit in 1215 Fifth is asking $10 million
    March 28, 2015 05:00PM TRD WEEKEND EDITION

    Screen-Shot-2015-03-28-at-12.50

    Interior designer Howard Slatkin transformed a 1920s Museum Mile apartment into a mini Versailles. Now, the opulent abode has hit the market, asking $10 million. [more]

  • Bauhouse Group taps Norman Foster for UES project

    The developer is planning a 95-unit tower
    March 28, 2015 04:00PM TRD WEEKEND EDITION
    From left: Joseph Beninati, 428 East 58th Street and Norman Foster

    From left: Joseph Beninati, 428 East 58th Street and Norman Foster

    Starchitect Norman Foster has been tapped to design a 269,000-square-foot building on the Upper East Side. [more]

  • Michael Gross talks 15 CPW on Russia Today: VIDEO

    March 28, 2015 03:00PM TRD WEEKEND EDITION
    A screen shot of Michael Gross on Russia Today

    A screen shot of Michael Gross on Russia Today

    From Luxury Listings NYC: “Chronicler of the upper-crust,” Michael Gross has made his name writing bestsellers that delve inside New York City’s most exclusive addresses – like 15 Central Park West and 740 Park Avenue. This week, he appeared on Russia Today to discuss 15 Central Park West, and the (Russian) oligarchs who call it home. [more]

  • From left: Denise Rich and 230 Central Park South

    From left: Denise Rich and 230 Central Park South

    Socialite and songwriter Denise Rich was spotted at an open house for a $25 million penthouse at 230 Central Park South. “Million Dollar Listing” agent Luis D. Ortiz hosted the preview party. [more]

  • Inside TheRealDeal
  • From the archives: Dan with a Plan

    “I'm usually drawn to situations with hair on them,” says Dan Doctoroff
    March 28, 2015 01:00PM By Stuart Elliott
    TRD WEEKEND EDITION
    images-6

    Dan Doctoroff

    It’s not just bringing the Olympics to New York in 2012 that has Dan Doctoroff thinking big these days. With the tepid office leasing market, maybe the last thing some people are thinking about is the desirability of adding new office space. But when you’re Deputy Mayor for Economic Development and Rebuilding, that’s your job. Read the full article from the October 2003 issue after the jump.

  • New skinny tower goes big on common space

    The 65-unit building would feature five clusters of shared amenities
    March 28, 2015 12:00PM TRD WEEKEND EDITION
    S rendering of 12 East 37th Street

    A rendering of 12 East 37th Street

    A new pencil-thin residential tower proposed for Midtown would feature built-in parks, which its designers say “will make it like a vertical West Village street.” [more]

  • Diane Keaton and Morgan Freeman tackle NYC real estate

    Their new film “5 Flights Up” will hit theaters May 8
    March 28, 2015 11:00AM TRD WEEKEND EDITION
    A scene from "5 Fights Up"

    A scene from “5 Fights Up”

    Diane Keaton and Morgan Freeman are tackling the challenges of New York City real estate in the new film, “5 Flights Up.” [more]

  • Private island in South Florida asks $24.5M

    The property includes a manor house built in 1928
    March 28, 2015 10:00AM By Business Insider
    TRD WEEKEND EDITION
    Little Bokeelia Island

    Little Bokeelia Island

    An island off the coast of Florida is up for sale. With 104 acres of pristine wilderness and 3.5 miles of oceanfront, the island is a certifiable semi-tropical paradise. It also has a four-bedroom Spanish villa-style home on it, built in 1928. [more]

  • Keyed up

    A quirky typewriter repair shop offers hints of a New York City of yesteryear
    March 28, 2015 09:20AM By Lucia De Stefani
    TRD WEEKEND EDITION
    Paul Schweitzer at work in the shop

    Paul Schweitzer at work in the shop

    From Luxury Listings NYC: Tucked away in an unassuming building in the heart of the Flatiron District, signs of an almost forgotten New York can still be found amidst a gentrifying neighborhood. After climbing four flights of steep stairs at 174 Fifth Avenue, passing a Russian bookstore and an old-fashioned tailor shop, a large sign reads: “Gramercy Typewriter Company, est. 1932.” [more]

  • Top residential agents of the week

    March 27, 2015 06:19PM
    Ann Cutbill Lenane and 300 Central Park West on the Upper West Side

    Ann Cutbill Lenane and 300 Central Park West on the Upper West Side

    Ann Cutbill Lenane of Douglas Elliman topped the week’s residential sales with a $12.8 million co-op at 300 Central Park West on the Upper West Side. Click here to see this listing and more.

  • City’s chief property manager doesn’t properly track its real estate: Stringer

    Comptroller's office found lack of oversight at the Department of Citywide Administrative Services
    March 27, 2015 06:02PM By Claire Moses
    Comptroller Scott Stringer

    Comptroller Scott Stringer

    A new audit from New York City Comptroller Scott Stringer’s office found that the Department of Citywide Administrative Services — which is the city’s chief property manager — cannot accurately track the more than 19 million square feet of office space it administers.

    The comptroller’s audit found that the DCAS didn’t have an accurate inventory list of available office space, didn’t consistently follow protocols for space request evaluations, and doesn’t know exactly how much property it manages.  [more]

  • Ford Motor wants $230M for Far West Side building

    Automaker paid $73M for site with 464K sf property in 1997
    March 27, 2015 05:31PM
    787 11th Avenue

    787 11th Avenue (inset: Darcy Stacom)

    The Ford Motor Company is putting a 464,000-square-foot Far West Side building on the market and expects to sell it for more than $230 million. [more]

  • Kushner closes on 16-building multifamily portfolio for $132M

    Stone Street, HIG paid $73M for 291-unit package in 2012
    March 27, 2015 05:09PM By Hiten Samtani
    From left: Joe Koicim, Peter Von Der Ahe, 238 East 33rd Street and Jared Kushner

    From left: Joe Koicim, Peter Von Der Ahe, 238 East 33rd Street and Jared Kushner

    Jared Kushner’s Kushner Companies just closed on a large multifamily portfolio, with 14 buildings scattered over several Manhattan neighborhoods and two in Brooklyn, for $131.5 million. [more]

  • Quiz: How well do you know your starchitects?

    Test your knowledge with TRD's latest quiz
    March 27, 2015 04:40PM By Claire Moses
    Clockwise from left: Karim Rashid, Zaha Hadid, Robert AM Stern and Bjarke Ingels

    Clockwise from left: Karim Rashid, Zaha Hadid, Robert AM Stern and Bjarke Ingels

    You may recognize their most famous buildings, but how well do you know the architects who are responsible for their designs? Take our quiz and find out.

  • Step inside Bjarke Ingels’ W. 57th St. tetrahedron: PHOTOS

    Durst Organization is developing the roughly 800,000-square-foot rental building
    March 27, 2015 04:10PM
    The facade of Bjarke Ingels' 625 West 57th Street (Credit:

    The facade of Bjarke Ingels’ 625 West 57th Street (Credit: Field Condition)

    It’s now possible to take a close look at Bjarke Ingels Group’s tetrahedon on the far west side of 57th Street. [more]

  • Aby Rosen’s RFR plans $763M condo offering at 100 East 53rd

    Foster + Partners-designed project will have two duplex penthouses, restaurant
    March 27, 2015 03:40PM By E.B. Solomont
    From left: Aby Rosen and a rendering of 100 East 53rd Street

    From left: Aby Rosen and a rendering of 100 East 53rd Street (Credit: Foster + Partners)

    Aby Rosen’s long-stalled condominium development at 100 East 53rd Street will have 99 units, for a total sellout of more than $750 million, according to plans filed with the Attorney General’s office. The Norman Foster-designed tower, slated to rise 61 stories, will also have two duplex apartments that will take up two full floors each, according to the most recent plans filed with the city’s Department of Buildings.

    RFR plans to have a restaurant on the first and second floors of the tower, which is adjacent to Rosen’s iconic Seagram Building. [more]

  • El-Gamal files permits for new Dream Hotel

    29-story tower at 560 Seventh Avenue will have 243 hotel rooms
    March 27, 2015 03:22PM By Kyna Doles and Hiten Samtani
    From left: Sharif El-Gamal, 560 Seventh Avenue and the Dream Hotel Downtown

    From left: Sharif El-Gamal, 560 Seventh Avenue and the Dream Hotel Downtown

    It may be the only place in town where you can visit the synagogue and nightclub without ever leaving the building. [more]

  • Lighthouse Point construction to kick off this summer

    Staten Island project includes 120 apartments, a 160-room hotel and 60K sf of retail
    March 27, 2015 02:50PM By Kerry Murtha
    Rendering of Lighthouse Point on Staten Island (credit: Triangle Equities)

    Rendering of Lighthouse Point on Staten Island (credit: Triangle Equities)

    Lester Petracca’s Triangle Equities will kick off construction on the long-stalled Lighthouse Point waterfront project on Staten Island’s North Shore this summer. The $200 million development is the largest new project in the area since Superstorm Sandy hit in 2012, and will include a 120-unit residential tower, more than 60,000 square feet of retail space and a 160-room hotel. At least 20 of the residential units will be affordable. [more]

  • Financial data firm Markit signs huge lease at 5 Manhattan West

    TAMI tenant takes 140,000 sf at Brookfield’s 16-story office building
    March 27, 2015 02:20PM By Mark Maurer
    Markit NYC Office

    From left: Rendering of 450 West 33rd Street, Markit CEO Lance Uggla, Josh Kuriloff and Jeffrey Peck

    Markit, a London-based global financial data provider, is consolidating its New York City offices into a 140,000-square-foot space at Brookfield Property Partners’ 5 Manhattan West, The Real Deal has learned. [more]

  • State leaders approve $440M package to fight homelessness

    Plan includes $220M in earmarked funds over next four years
    March 27, 2015 01:55PM
    Carl Heastie Andrew Cuomo

    From left: Carl Heastie and Andrew Cuomo

    The state budget will include almost $440 million for anti-homelessness services for the next four years.

    The package is supposed to “prevent thousands of individuals and children from entering the homeless shelter system,” Assemblyman Andrew Hevesi, the Queens Democrat who chairs the chamber’s Social Services committee, told the New York Daily News. [more]

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