Public review process for Staten Island ferris wheel begins. What’s with our obsession for tiny dwellings?: VIDEO Elvis’ Graceland mansion on the market. Barclays Center among Brooklyn Chamber of Commerce’s building honorees. Inside an abandoned Ellis Island building. Read these stories and more after the jump.
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Top stories yesterday on The Real Deal:
1. TRD’s updates from ICSC: Live blog
2. Aby Rosen celebrates birthday at Paramount Hotel
3. New ACRIS will include co-op unit searches, more data -
TRD will be covering all the highlights of this year’s ICSC RECon event in Las Vegas
Watch this space for live updates from the 2013 International Council of Shopping Centers’ RECon event in Las Vegas, on now through Wednesday. [more]
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Vickey Barron
Vickey Barron, a top broker and managing director at Core, has boomeranged back to Douglas Elliman, The Real Deal has learned. The former Elliman agent, who departed for Core two years ago citing a less competitive work environment, has returned to the fold, representatives for both companies confirmed today.
Barron joined Elliman in 2000 and spent 11 years there, earning a berth as one of the brokerage’s top producers. Barron won the Real Estate Board of New York’s Rookie of the Year award in 2001. [more]
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Brownstone said to belong to actor listed for $28M
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BK landlords forgo rent for Sandy-ravaged tenants
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McDonald's signs lease next to One Madison Park
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CWCapital delays increases under fire from tenants, pols
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280 Bond Street (Credit: PropertyShark)
UPDATED, 9:10 p.m. May 20: A group of Carroll Gardens and Gowanus, Brooklyn residents are up in arms over the proposed renovation of 280 Bond Street, a warehouse, into the Rock & Roll Playhouse, Pardon Me For Asking reported. The group issued a petition to Community Board 6 to halt the development.
Peter Shapiro, who’s also behind music venue Brooklyn Bowl, seeks to renovate the warehouse into the facility. The proposed venue, at Degraw Street, will abut several residential properties. [more]
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From left: Madison’s Josh Zegen and 143-159 Classon Avenue
A New Jersey-based investor is slated to bring a 37-unit condominium development to the Clinton Hill area of Brooklyn after buying a nearly complete property out of bankruptcy, The Real Deal has learned.
Commercial real estate investment firm Madison Realty Capital is providing $13 million in financing for the New Jersey buyer’s purchase of a defaulted note on a property at 143-159 Classon Avenue, which was previously held by Community Preservation Corporation and had an outstanding balance of around $17 million, Madison co-founder Josh Zegen told The Real Deal today at the International Council of Shopping Centers’ annual RECon retail conference. [more]
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A water tower in Chelsea (Credit: Night Heron Speakeasy)
RWN Real Estate Partners paying $3.8 million for 328 Bowery condo. Speakeasy in Chelsea water tower is far from underground. Seagate Beach Club in Coney Island to open in summer. High Line painting elevates dining experience at Colicchio & Sons in Chelsea “Improvements” to Penn Station would be hardly that: OPINION. Read these stories and more after the jump.
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620 Fulton Street (Source: PropertyShark)
The New York Hotel Trades Council & Hotel Association of New York City, the 75,000-member hotel workers’ union, has purchased a $19 million Brooklyn parking lot, on which it plans to build a health center for union members and their families, the New York Observer reported. The property will cost roughly $90 million to complete.
The lot is located at 620 Fulton Street, which is one block away from a 200-room hotel coming to 95 Rockwell Place. The union facility will have health, pharmacy and dental portions. [more]
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Former Chief Justice Warren Burger
From the May issue: 1970: Court rules in favor of church tax exemptions
The U.S. Supreme Court ruled 43 years ago this month that religious organizations were exempt from paying state property taxes. The landmark case rejected a lawsuit filed by a New York property owner who claimed that the state law exempting religious organizations from paying into the public coffers was unfair to other owners. [more]
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The Jarmulowsky Bank building at 54 Canal Street (Credit: Flickr)
Construction is slated to begin this week on a 12-story hotel at the site of the landmarked Jarmulowsky Bank building at 54 Canal Street, William Helm, vice president at DLJ Real Estate Capital Partners told The Real Deal. The 105-room hotel is slated to open in late 2014. [more]
