The Real Deal New York

  • Happy Labor Day!

    August 31, 2014 05:00PM
    Happy Labor Day

    Happy Labor Day

    In honor of Labor Day, we won’t be posting on the Monday holiday (but we’ll keep our eyes peeled for breaking news). Have a safe, enjoyable weekend — but don’t forget to check back Tuesday morning. We resume our regular posting schedule at 7:30 a.m.

  • Posh Central Park neighborhoods plagued by rats

    The Upper West Side has called in the most vermin complaints in the city
    August 31, 2014 04:00PM
    Central Park and a rat

    Central Park and a rat

    Residents of the well-heeled neighborhoods surrounding Central Park have a rat problem. [more]

  • Zephyr Teachout takes on LICH redevelopment

    The gubernatorial hopeful criticized Governor Cuomo’s silence on the issue
    August 31, 2014 03:00PM
    Zephyr Teachout and Long Island College Hospital

    Zephyr Teachout and Long Island College Hospital

    Gubernatorial hopeful Zephyr Teachout is calling out Governor Andrew Cuomo over the long-running Long Island College Hospital debacle. [more]

  • America’s oldest mall is now brimming with micro-apartments

    The Providence, R.I. arcade was transformed with just $7 million
    August 31, 2014 02:00PM
    The Providence Arcade in Providence, R.I.

    The Providence Arcade in Providence, R.I.

    At nearly 200 years old, Rhode Island’s Providence Arcade is considered America’s first indoor mall. But recently the arcade has seen a dramatic overhaul, transforming it into dozens of micro apartments. [more]

  • Inside TheRealDeal
  • Activists petition to save falcons at 25 CPW

    A falcon family has lived on the penthouse sill since 2010
    August 31, 2014 01:00PM
    A peregrine falcon nest on a building and the Century at 25 Central Park West

    A peregrine falcon nest on a building and the Century at 25 Central Park West

    Bird-loving New Yorkers are moving to stop a Central Park West condo from evicting a nest of endangered peregrine falcons. [more]

  • Vacant East Harlem firehouse to become cultural center

    A nonprofit developer has been selected for the site
    August 31, 2014 11:00AM
    120 East 125th Street in East Harlem

    120 East 125th Street in East Harlem

    An abandoned 19th-century firehouse in East Harlem is getting a new lease on life as a cultural center. [more]

  • Inside the New York Plaza Hotel’s latest $50M listing

    Insurance tycoon Barry Kaye is hoping to triple his money on the sale
    August 31, 2014 10:00AM
    1 Central Park South #301

    1 Central Park South #301

    Florida-based philanthropist and retired insurance tycoon Barry Kaye and his wife Carol have listed their apartment, created from the former state rooms at the iconic Plaza Hotel, for $49.5 million. The listing was the steepest of week. [more]

  • Atlantic City is losing two casinos in just three days

    And with them 5,000 jobs
    August 31, 2014 09:00AM By Business Insider
    Trump Palace in Atlantic City

    Trump Palace in Atlantic City

    A time few could imagine during the not-too-distant glory days of casino gambling has arrived in Atlantic City, where two casinos will close this weekend and a third will shut down in two weeks. More than 5,000 workers will lose their jobs in an unprecedented weekend in the seaside gambling resort, leaving many feeling betrayed by a system that once promised stable, well-paying jobs. [more]

  • Inside Celine Dion’s lavish Florida compound

    The singer is asking $62 million for the mansion
    August 30, 2014 05:00PM By Business Insider
    Celine Dion and her Miami home

    Celine Dion and her Miami home

    Celine Dion has slashed the price of her massive property on Florida’s Jupiter Island to $62.5 million after it languished on the market for over a year. [more]

  • Landlord crams 22 beds in two-bedroom apartment

    Check out the video after the jump
    August 30, 2014 04:00PM
    An illegal 22-bed Midtown East rental

    An illegal 22-bed Midtown East rental

    A Midtown landlord is trying to revive tenement-style living by converting a two-bedroom rental into a 22-bed “hostel.” … [more]

  • Katz’s Deli owner vows that restaurant will not close

    However, after a mysterious air rights deal the future of the site is uncertain
    August 30, 2014 03:00PM
    Katz's Deli

    Katz’s Deli

    Yesterday word began to circulate that the legendary Lower East Side restaurant, Katz’s Deli, had struck a deal to sell its air rights. Now, one of the deli’s owners has given additional comment. [more]

  • Montauk trailer asks $1M

    The Montauk Shores mobile home sits on a prime plot
    August 30, 2014 02:00PM
    Montauk Shores and a mobile home asking $1M

    Montauk Shores and a mobile home asking $1M

    A trailer in Montauk Shores, a mobile home park that’s about as far east on the East End of Long Island as you can get, has hit the market asking $1 million. [more]

  • Inside NYC’s hidden museum of trash

    The museum is located in an East Harlem sanitation garage
    August 30, 2014 01:00PM
     “The Treasures in the Trash Museum” in East Harlem

    “The Treasures in the Trash Museum” in East Harlem

    Tucked away on the second floor of an East Harlem sanitation garage is one of New York City’s most bizarre museums – or most fascinating art galleries, depending on how you look at it. [more]

  • UWS building bans dog paws from lobby floor

    The management of Hawthorn Park now requires that all dogs be carried through the lobby
    August 30, 2014 12:00PM
    Hawthorn Park on the Upper West Side

    Hawthorn Park on the Upper West Side

    Pup paws have no place in Hawthorn Park, a new high-rise apartment building at 160 West 62nd street. [more]

  • Controversial Bowery building sheds its scaffolding

    The new 135 Bowery replaced 200-year-old Federal-style rowhouse
    August 30, 2014 11:00AM
    From left: the new 135 Bowery and the old 135 Bowery

    From left: the new 135 Bowery and the old 135 Bowery

    After three years and eight months of construction, 135 Bowery – an eight-story commercial building that controversially replaced a Federal-style rowhouse – is now the tallest building on the block. [more]

  • Is Crown Heights already over?

    With prices up 58 percent in under a year, it could already be too late to find a deal
    August 30, 2014 10:00AM
    Crown Heights

    Crown Heights

    Everyone wants to know what the next “it” Brooklyn neighborhood will be. And recently, Crown Heights has been in the spotlight, with the arrival of a Smorgasburg-style food court and skyrocketing prices — the median home price jumped 58 percent in the first seven months of the year, according to Bloomberg. But, according to Gawker, the neighborhood has already come and gone. [more]

  • Eight futuristic home improvements available today

    From vitamin C–infused showers to reflexological tiling, check out the gadgets after the jump
    August 30, 2014 09:00AM By Business Insider

    smart-home-hi-tech-lead

    Personal solar panels and energy-efficient appliances are often trumpeted by home owners, but now foot-massaging floors and lighting synced to your circadian rhythms are the height of conscientious luxury. [more]

  • Top residential agents of the week

    Done deals from Urban Compass and Douglas Elliman led the list
    August 29, 2014 06:10PM
    From left: Leonard Steinberg, Herve Senquier and 60 Greene Street

    From left: Leonard Steinberg, Herve Senquier and 60 Greene Street

    Leonard Steinberg and Herve Senequier of Urban Compass topped last week’s residential sales with an $8.25 million condominium at 60 Greene Street. Click here to see this listing and more.

  • TGIF: Stay tuned to TRD‘s Weekend Edition

    Keep in touch with NYC, national and international real estate news
    August 29, 2014 06:00PM

    Screen Shot 2014-08-29 at 3.42.07 PM

    It may be high time to kick back and relax, but The Real Deal is still churning our stories courtesy of our Weekend Edition. Every Saturday and Sunday, we cover real estate items from around the country and abroad, along with any breaking news happening in New York City. Like our Facebook page or follow us on Twitter to stay in touch with us on the go.

  • Werber pays $32M for Astoria commercial building

    Buyer has no development plans for 50K sf site
    August 29, 2014 05:50PM By Mark Maurer
    steinway

    28-56 Steinway Street in Astoria and Robert Knakal

    Queens-based construction and management firm Werber Management acquired a 50,000-square-foot commercial building in Astoria from Short Hills, N.J.-based developer Garden Commercial Properties for $32 million, according to property records filed with the city today. [more]

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