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The Real Deal New York

  • NYCHA quietly selling off public land to private developers

    The agency has sold 441,000 square feet of land since 2013
    March 29, 2015 05:00PM TRD WEEKEND EDITION
    A NYCHA playground

    A NYCHA playground

    In an attempt to ease budget shortfalls, the New York City Housing Authority is quietly selling off parking lots, green space and playgrounds to developers.

    Starting in 2011, NYCHA began to ramp up efforts to sell small parcels, the New York Daily News found. Since 2013, the agency has sold off 54 plots totaling 441,000 square feet of public land to private developers. [more]

  • Robert A.M. Stern-designed home sells in Montauk

    The home had sat on the market for nearly two years
    March 29, 2015 04:00PM TRD WEEKEND EDITION
    A Robert AM Stern-designed home in Montauk

    A Robert AM Stern-designed home in Montauk

    A Robert A.M. Stern-designed house in Montauk has sat on the market for roughly two years. Now, it has sold for roughly its $8.2 million asking price. [more]

  • Possibility of criminal charges in East Village explosion

    Officials say investigators are now fully engaged
    March 29, 2015 03:00PM TRD WEEKEND EDITION
    The aftermath of the East Village explosion and fire

    The aftermath of the East Village explosion and fire

    Thursday’s explosion in the East Village could lead to criminal charges, according to New York City officials. [more]

  • 5 ultra-modern summer rentals

    From Brooklyn to Tokyo, these homes are a sight to behold
    March 29, 2015 02:00PM TRD WEEKEND EDITION
    fthai_treehouse_airbnb_summer_rentals

    Modern summer rentals

     

    From Luxury Listings NYC: You don’t need to leave the city to find an oasis. These urban, high-design summer rentals from around the globe offer a unique way to getaway. Check them out via Dwell after the jump. [more]

  • Inside TheRealDeal
  • Latin buyers fueling SoFla real estate boom, China emerging

    68% of international buyers hail from Latin America, led by Venezuela, Argentina and Brazil
    March 29, 2015 01:00PM By Ina Cordle
    TRD WEEKEND EDITION
    10218708715_6bc0ab2eba_o

    The Miami skyline

    From the South Florida website: The South Florida real estate market experienced its fourth straight year of record-breaking sales, fueled by a continuing surge of wealthy Latin America buyers, according to a report released Friday, conducted by the National Association of Realtors for the Miami Association of Realtors. [more]

  • Spider-Man helps market home of Marvel giant Stan Lee

    Lee is asking $5 million for his Hollywood home
    March 29, 2015 12:00PM TRD WEEKEND EDITION
    Stan Lee and Spider Man

    Stan Lee and Spider Man

    Spider-Man has appeared in listing photos of a 5,000-square-foot home in the Hollywood Hills – and for good reason. The listing comes from none other than one of his creators – former president and chairman of Marvel Comics, Stan Lee. [more]

  • Douglas Elliman to open West Coast HQ in Beverly Hills

    The firm has tapped architect Patrick Tighe to design the 11,000-square-foot space
    March 29, 2015 11:00AM
    douglas-ellman-real-estate

    A rendering of the Douglas Elliman’s forthcoming offices in Beverly Hills

    New York’s largest residential brokerage, Douglas Elliman, announced its expansion to Los Angeles back in 2013. Now, it’s putting down real estate roots with a West Coast headquarters in Beverly Hills. [more]

  • Fresh renderings of starchitect Tadao Ando’s NYC debut

    Check out the first full-building rendering of 152 Elizabeth Street after the jump
    March 29, 2015 10:00AM TRD WEEKEND EDITION
    From left: rendering of 152 Elizabeth Street and Tadao Ando

    From left: rendering of 152 Elizabeth Street and Tadao Ando

    New renderings of Pritzker Prize-winning architect Tadao Ando’s first standalone building in New York City – a seven-story, seven-unit building at 152 Elizabeth Street in Nolita – are here. [more]

  • Inside a newly listed Frank Lloyd Wright house

    Check out the listing photos after the jump
    March 29, 2015 09:14AM TRD WEEKEND EDITION
    Frank Lloyd Wright's J. Kibben Ingalls House

    Frank Lloyd Wright’s J. Kibben Ingalls House

    From Luxury Listings NYC: Frank Lloyd Wright’s J. Kibben Ingalls House in River Forest outside Chicago has hit the market asking of $1.3 million. Here’s a look inside. 

  • 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]

  • 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.

  • Turkish developer Nef debuts in NYC with pencil-thin tower

    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]

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