The Real Deal New York

  • 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]

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  • 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]

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  • This month in real estate history

    A look back at some of New York City's biggest real estate stories
    May 24, 2013 10:30AM By Adam Pincus

    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]

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  • 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]

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  • Inside TheRealDeal
  • 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]

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  • 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]

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  • LIC’s Five27 not bumming around

    Half the units at condo project already in contract, with prices reaching $960 per square foot
    May 24, 2013 08:30AM

    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]

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  • 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.

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  • Top stories

    May 24, 2013 07:30AM

    Top stories yesterday on The Real Deal:
    1. Ben Shaoul’s Magnum unloads FiDi rental building for $25M 
    2. Tech tenants sign almost 90 percent of Times Square leases in last 18 months
    3. Morgan Stanley takes nearly 150K square feet at Vornado’s 1290 Ave. of the Americas 

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  • Clinton Hill manse asks record $4.88M: PHOTOS

    If sold at that price, the home would be the nabe’s most expensive sale – by more than $1M
    May 23, 2013 06:30PM By Guelda Voien

    From left: 407 Vanderbilt Avenue and Arina Yakobi of Douglas Elliman

    It’s a trophy property if there ever was one. A stately mansion hit the market in the Clinton Hill area asking a whopping $4.88 million — a record, according to StreetEasy. Despite the home’s relative grandeur, the most eye-catching detail in the listing photos is a stack of the current owner’s trophies (no, not the recently-dead kind, the sort you win at youth soccer tournaments) piled in the library. [more]

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