The Real Deal New York

  • Live like a celebrity in “Ding Dong House”

    The $3 million home overlooking the Hudson is located in star-studded Snedens Landing
    February 13, 2016 05:00PM TRD WEEKEND EDITION
    From left to right: Uma Thurman, Ethan Hawke, Jerome Robbins, Margot Kidder and “Ding Dong House”

    From left to right: Uma Thurman, Ethan Hawke, Jerome Robbins, Margot Kidder and “Ding Dong House”

    From Luxury Listings NYC: What do Uma Thurman, Ethan Hawke, Jerome Robbins and Margot Kidder have in common? They’ve all lived in “Ding Dong House.” That’s right, the playfully named home in the celebrity enclave of Snedens Landing, a secluded community along the Hudson, has had some high profile residents. Now you can join the roster for just $3.25 million. [more]

  • Beaux-Arts bathroom to reopen as restaurant

    The freestanding building on Allen Street was abandoned more than 60 years ago
    February 13, 2016 04:00PM TRD WEEKEND EDITION
    The building  in the center of Allen Street and Delancey

    The building in the center of Allen Street and Delancey

    After being abandoned for more than 60 years, a Beaux-Arts building on Allen Street will see new life as a retail dining space. [more]

  • This Chinese city saw housing prices jump 50 percent in one year

    Shenzhen is now less affordable than Hong Kong
    February 13, 2016 03:00PM TRD WEEKEND EDITION
    Shenzhen

    Shenzhen

    The Chinese economy maybe slowing down, but one Chinese city is seeing its real estate market boom out of control. [more]

  • Late Hollywood producer Jerry Weintraub’s home for sale

    February 13, 2016 02:00PM TRD WEEKEND EDITION
    The Weintraub Estate

    The Weintraub Estate

    From Luxury Listings NYC: The luxurious Palm Desert home owned by the late Hollywood producer Jerry Weintraub is on the market for $16 million. And it’s pretty. [more]

  • Inside TheRealDeal
  • cash_myth_575

    It’s an oft-repeated mantra in New York real estate that foreign buyers pay in cash. Indeed, their ability to come to the negotiating table with rubles and renminbi and reals in hand — ensuring a quick closing — is seen as confirmation of their affluence.

    “The perception here is that because they’re not getting a loan in the United States … they are these really wealthy people putting down hundreds of thousands of dollars,” said Marc Fitapelli, a Manhattan-based commercial and residential real estate attorney.

    But that’s not always the case. Read the full story from the November 2011 issue here.

  • LPC approves Rosen’s conversion of Noho women’s shelter

    The historic building will be transformed into a luxury retail space
    February 13, 2016 12:05PM TRD WEEKEND EDITION
    Aby Rosen and 350 Lafayette Street in Noho

    Aby Rosen and 350 Lafayette Street in Noho

    The city’s Landmarks Preservation Commission has okayed plans convert a women’s shelter into a luxury retail store. [more]

  • Swiss filmmaker explores legacy of Mies van der Rohe: VIDEO

    The five-minute film is inspired by the motto "less is more"
    February 13, 2016 11:30AM TRD WEEKEND EDITION
    Ludwig Mies van der Rohe

    Ludwig Mies van der Rohe and the Seagram building

    Swiss filmmaker Alexandre Favre’s short film exploring the legacy of Ludwig Mies van der Rohe is required viewing for architecture fans. Check it out after the jump. [more]

  • Blumin at Skylight Clarkson Square. (credit: Emily Andrews)

    Blumin at Skylight Clarkson Square. (credit: Emily Andrews)

    The west side of Manhattan is filled with massive warehouses, vacant remnants of New York’s more industrial past.

    But with the help of Skylight Group and its founder, Jennifer Blumin, those warehouses and otherwise disused historic buildings are now serving an altogether more luxe purpose: as the backdrop for runway shows. [more]

  • Contemporary artist Lisa Yuskavage swaps EV condo for Midtown East co-op

    February 13, 2016 09:00AM TRD WEEKEND EDITION
    Lisa Yuskavage

    Lisa Yuskavage

    From Luxury Listings NYC: Galleries have been migrating Uptown for a while. But now it looks like that artists are too. [more]

  • NY agencies close to 250K sf renewal at 90 Church

    Health dept., Public Service Commission would stay at USPS-owned property for another decade
    February 12, 2016 06:05PM By Mark Maurer
    90 Church Street NYC

    90 Church Street in the Financial District, New York Health Commissioner Howard Zucker and Boston Properties’ John Powers (credit: Bisnow)

    Two New York state agencies are in late-stage negotiations to renew a 250,000-square-foot spread at a U.S. Postal Service-owned building at 90 Church Street in the Financial District, The Real Deal has learned. [more]

  • Revealed: Nordstrom’s massive new flagship store in Columbus Circle

    Development will span four properties, including Extell’s Central Park Tower
    February 12, 2016 05:45PM
    nordstrom-renderings

    Renderings of the Nordstrom store in Columbus Circle (Credit: Nordstrom via New York YIMBY)

    Retailer Nordstrom’s massive Manhattan flagship store in Columbus Circle is taking shape, with recently released renderings showing it will total 363,000 square feet and span four properties along Broadway between West 57th and West 58th streets, including at the base of Extell Development’s Central Park Tower. [more]

  • Minskoff files plans for townhouses, apartment building on Jane Street

    Developer will have to go before the Landmarks Preservation Commission for approval
    February 12, 2016 05:25PM By Rich Bockmann
    From left: 11 Jane Street and Edward Minskoff

    From left: 11 Jane Street and Edward Minskoff

    In a move that’s sure to provoke reaction one way or another, Minskoff Equities is planning to develop two townhouses and nine apartments on the site of a parking garage the company bought a little more than a year ago on bucolic Jane Street in the West Village. [more]

  • Developer cries foul at LES site

    Anthony Marano claims Chinese-American investors screwed him out of down payment at 210 Delancey St.
    February 12, 2016 05:06PM By Dusica Sue Malesevic
    210 Delancey Street

    The lot at 210 Delancey Street

    The former owner of a Lower East Side development site claims the 53 Chinese-American investors he sold the assemblage to in 2011 screwed him out of a $40,000 down payment for a condo at the mothballed project.

    Anthony Marano, a principal at development company Ozymandius Realty, claims in a lawsuit filed last month that he sold a five-parcel development site known as 210 Delancey Street to the members of “Delancey Bridge Towers LLC” for $8.5 million on the condition he would receive a condo unit and storage space in the basement “at a price substantially below the market value.” [more]

  • puck-penthouse

    The Puck penthouse living room

    From Luxury Listings: To describe the Puck Building as “Soho’s most notable landmark” — as the building’s marketing material does — might be a bit of a stretch. But the red-brick property at 293 Lafayette Street in Soho is certainly noteworthy thanks to its rich publishing history (Puck Magazine, 1871-1918 and Spy Magazine, 1986-1998) and its two cheeky little gilded Puck statues perched above the entrance and the northeast corner of the building. [more]

  • Church of St. Paul appeals to higher power for lease deal

    America Press looking to take 47K sf at church’s 8 Columbus digs
    February 12, 2016 04:20PM By Rey Mashayekhi and Kyna Doles
    Church of St. Paul the Apostle

    The Church of St. Paul the Apostle at 120 West 60th Street

    Not all media companies are moving Downtown. Some are heading to church.

    Catholic media company America Press has agreed a 25-year triple-net lease for the Church of St. Paul the Apostle at 120 West 60th Street in Midtown, according to petition filed in New York State Supreme Court on Thursday.

    America Press, which publishes the Catholic weekly America Magazine, will pay $7 million to renovate the landmarked 47,000-square-foot property, also known as 8-10 Columbus Avenue, and will retain an option to renew the space for two five-year terms. [more]

  • Tenants of distressed South Bronx rental hold rent strike

    Residents seek to prevent landlord Louis Bombart from controlling rat-infested property
    February 12, 2016 03:50PM
    888-Grand-Concourse

    888 Grand Concourse in the Bronx

    The tenants of a six-story South Bronx apartment building are holding a rent strike in an effort to prevent landlord Louis Bombart of Tiny Fiesta Realty from controlling the property while it’s in foreclosure.

    Bombart’s 81-unit, rat-infested property at 888 Grand Concourse is at the center of a foreclosure lawsuit over $7 million allegedly owed to Capital One, DNAinfo reported. Tenants at the rat-infested building are refusing to pay rent after years of pushing Bombart to make repairs. [more]

  • Here’s why Donald Trump is furious at Mort Zuckerman

    The feud between the two moguls goes back years
    February 12, 2016 03:30PM By Konrad Putzier
    From left: Donald Trump (credit: DonkeyHotey) and Mort Zuckerman

    From left: Donald Trump (credit: DonkeyHotey) and Mort Zuckerman

    Donald Trump has been tweetsulting Mort Zuckerman for three days now. He normally reserves this kind of prolonged rage for Megyn Kelly, so it’s worth taking a look at what’s going on here. [more]

  • These are the top projects to start construction in January

    See the largest projects issued construction permits last month for every borough on TRData
    February 12, 2016 03:00PM By Will Parker
    January-Pemits-Issued-pic

    Clockwise from left: 21 Hinckley Place (Brooklyn), 530 Exterior Street (Bronx), 111 East 24th Street (Manhattan) 20-31 and 31-07 20th Avenue (Queens)

    Did you know Sam Chang is building a Manhattan hotel that’s not in Midtown? Or that the biggest project to kick-off construction in Brooklyn this year is a not a glass monster on the Williamsburg waterfront, but a school in Kensington? The Real Deal‘s research website, TRData, has the largest projects to get construction permits last month for every borough in New York City. Click to see them all.  [more]

  • Staten Island borough president wins Mt. Manresa name game

    Judge rules James Oddo can name streets at Savo Bros.' condo project whatever he wants
    February 12, 2016 02:35PM
    James Oddo and depiction of street sign at Savo Bros.' Mount Manresa development

    James Oddo and depiction of street sign at Savo Bros.’ Mount Manresa development

    It appears James Oddo will have his revenge on developer Savo Brothers, after a state Supreme Court judge granted the Staten Island borough president permission to label streets at a Savo Brothers residential project with names symbolic of greed and deceit. [more]

  • Glenwood will retrofit luxury towers, pay nearly $1M to settle federal accessibility lawsuit

    Developer constructed at least 3 buildings that violated the Fair Housing Act: Bharara
    February 12, 2016 02:10PM By Rich Bockmann
    Preet Bharara and Leonard Litwin with Glenwood's Liberty Plaza

    Preet Bharara and Leonard Litwin with Glenwood’s Liberty Plaza

    Leonard Litwin’s Glenwood Management will pay nearly $1 million and retrofit a handful of Manhattan apartment buildings after settling a Fair Housing Act lawsuit federal prosecutors brought against the landlord over lack of accessibility at its properties. [more]

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