The Real Deal New York

  • Tom Cruise’s former London penthouse asks $54M

    It's reported to be most expensive penthouse in London
    August 01, 2015 05:00PM TRD WEEKEND EDITION


    From Luxury Listings NYC: Talk about “the color of money:” The former London rental pied a terre of superstar and Scientology big wig, Tom Cruise, is now up for sale for $54 million (£35 million British pounds) making the headliner currently the most expensive London penthouse. [more]

  • Orthodox Jewish tenants sue LeFrak City

    They complain that a renovation made lobby doors inaccessible on the Sabbath
    August 01, 2015 04:00PM TRD WEEKEND EDITION
    LeFrak City

    LeFrak City

    Orthodox Jewish tenants at LeFrak City are crying discrimination after lobby doors that only open with an electronic key and therefore cannot be opened on the Sabbath were installed. [more]

  • Bjarke Ingels gives video tour of 2WTC: VIDEO

    “From Tribeca it will appear like a vertical village,” Ingles says
    August 01, 2015 03:00PM TRD WEEKEND EDITION
    Bjarke Ingles

    Bjarke Ingles

    BIG frontman Bjarke Ingles has released a new video visualizing his design for 2 World Trade Center. [more]

  • Prince Charles builds $30k playground for grandson’s first birthday

    Prince George's treehouse is nicer than your apartment
    August 01, 2015 02:00PM TRD WEEKEND EDITION
    From left: Heir to the throne Prince Charles, the “playground,” and George and Kate

    From left: Heir to the throne Prince Charles, the “playground,” and George and Kate

    From Luxury Listings NYC: A treehouse grows in Gloucestershire: Prince Charles recently spent $30,000 to renovate an outdoor play area he originally had constructed in 1989 for his son Prince William in his gardens at Highgrove House, his private estate. [more]

  • Inside TheRealDeal
  • Take a tour of the most expensive house for sale in America

    August 01, 2015 02:00PM By Business Insider


    [From the New York site:] This 1930s-built estate, called “Briar Patch,” in East Hampton is the most expensive home for sale in the US, according to Zillow Group. [more]

  • From the archives: Strange and true broker stories

    Brokers share their best and most bizarre stories
    August 01, 2015 01:00PM By Melissa Dehncke-McGill


    From the first showing to the final closing, every apartment sale has a story, and some of them are real jaw-droppers.

    The broker and her clients who received an unexpectedly snooty greeting from a surprise squatter. The luxury co-op client who got indicted for fraud before the deal closed. The real estate attorney with a sideline in kidnapping. The tranquilized dog. (Don’t worry, it’ll all be clear below.) From farce to tragedy, there are a million real estate stories in the naked city, and The Real Deal has collected a few memorable ones. Read the full story from the December 2004 issue after the jump. 

  • A look at what may replace the Essex Street Market: RENDERINGS

    Construction won’t begin on the 75-year-old market site until after it has relocated in 2018
    August 01, 2015 12:00PM TRD WEEKEND EDITION

    A rendering of an Essex Crossing building

    The 75-year-old Essex Street Market, known simply as “Site 9” in the Essex Crossing development plans, will soon be replaced with a 12-story mixed-use tower. Here’s a look at what maybe coming. [more]

  • Trump gave his Presidential pitch to Oprah back in 1988: VIDEO

    Spoiler: Not a lot has changed
    August 01, 2015 10:55AM TRD WEEKEND EDITION
    Oprah and the Donald

    Oprah and the Donald

    Way back in 1988, Oprah asked Donald Trump if he would ever run for President. His answer: “Probably not.” [more]

  • Mariah Carey heads to Malibu’s Billionaire’s Beach

    Singer/Songwriter rents $10,000-a-day beachfront estate via Airbnb
    August 01, 2015 09:13AM TRD WEEKEND EDITION


    From Luxury Listings NYC: Singer/songwriter Mariah Carey says “I’ll be there” to Malibu’s so-called Billionaire’s Beach after recently renting a $10,000-per-night four-bedroom, four-bathroom estate via Airbnb. [more]

  • Top residential agents of the week

    Priciest sale was a reservoir-facing pad in a Candela-designed building
    July 31, 2015 06:10PM
    Kathy Sloane and 1120 Fifth Avenue in Carnegie Hill

    Kathy Sloane and 1120 Fifth Avenue in Carnegie Hill

    Kathy Sloane of Brown Harris Stevens topped this week’s residential sales with a $15.6 million co-op at 1120 Fifth Avenue in Carnegie Hill. Click here to see this listing and more.

  • Rendering of the condo conversion of Essex Market on the Lower East Side.

    Rendering of the condo conversion of Essex Market on the Lower East Side (Credit: GF55 Partners) 

    Falling A/C unit hurts construction worker. New look for Essex Market on the Lower East Side revealed. Battery Park City is becoming a go-to destination. Read these stories and more after the jump.

  • Cosmetics maker asking $65M for Sunnyside warehouse

    Mana's 215K sf property at 27-11 49th Avenue sits on a 2.5-acre site
    July 31, 2015 05:55PM By Mark Maurer

    27-11 49th Avenue in Sunnyside (inset: Mana Products CEO Nikos Mouyiaris)

    Mana Products is looking to sell a 215,000-square-foot Sunnyside warehouse that sits on a 2.5-acre site for $65 million. [more]

  • Forbes to open satellite space in Greenwich Village

    Company moved its headquarters to Jersey City late last year
    July 31, 2015 05:15PM
    From left: Forbes Building in Manhattan and Forbes Media CEO Mike Perlis

    From left: Forbes Building in Manhattan and Forbes Media CEO Mike Perlis

    If you’ve got it, flaunt it.

    Forbes Media is planning to open a 7,500-square-foot satellite office in Greenwich Village that will include a private dining room and will be used for receptions, business meetings, presentations and speaking engagements, according to the New York Post. [more]

  • For New York renters, convenience is king

    New data from Naked Apartments paints the picture
    July 31, 2015 04:50PM By Ariel Stulberg

    Data on the time of day renters are most active with viewing requests (credit: Naked Apartments)

    Renters in New York want what they want, and they want it now.

    In the city’s ruthless, blink-and-it’s-gone rental market, speed and convenience are everything, as new data on Naked Apartments’ Viewings on Demand feature reveal. [more]

  • Stay tuned for TRD‘s weekend edition

    Keep in touch with NYC, Florida and international real estate news
    July 31, 2015 04:20PM


    The dog days of August are upon us, but The Real Deal is still cranking out the stories in our weekend edition.

    Every Saturday and Sunday, we bring you the most interesting real estate items from around the country and abroad, plus a look at some of the hottest lifestyle stories from Luxury Listings NYC and our South Florida site.

    But, we don’t entirely forget the hard news. If there’s a breaking story, we’ll be there to report it.

    So, check out TRD’s weekend edition. And, like our Facebook page or follow us on Twitter to stay in touch with us on the go.

  • One Brooklyn Bridge Park turns to DNA testing of dog feces

    Seven matches have been identified since policy was implemented in May
    July 31, 2015 03:45PM
    One Brooklyn Bridge Park in Brooklyn Heights (inset: Weimaraner)

    One Brooklyn Bridge Park in Brooklyn Heights (inset: Weimaraner)

    It was on virtually every floor and even in the main lobby — a gross miscellany of urine, vomit and feces. The residents of tony One Brooklyn Bridge Park have since taken extreme measures to hunt down owners who encourage their canines to use the building as their back yard — requiring DNA testing. [more]

  • New York City CMBS issuance explodes in 2015, reaches post-crisis record

    Volume of securitized loans grew 47% YOY; loans tied to Brooklyn and Queens properties leap
    July 31, 2015 03:10PM By Konrad Putzier


    In 2008, at the height of the global financial crisis, the dean of Moscow’s elite diplomat academy MGIMO Igor Panarin predicted there was “a high probability” the U.S. would disintegrate by 2010. Turns out it’s 2015 and you can still travel from Manhattan to Wichita without a passport. Here’s another, more common prediction that also didn’t pan out: that securitization would disappear from the post-crash economy. [more]

  • Divorce, developer style

    Irreconcilable differences over pricey conversion of Manhattan House
    July 31, 2015 02:40PM By Adam Piore


    From the archives: It was supposed to be a day of triumph for real estate mogul Richard Kalikow and his staff overseeing the conversion of the 583-unit Manhattan House into luxury condos.

    Less than a week before, on March 30, 2007, New York State’s Attorney General had signed off on the $1.1 billion condo conversion plan for the storied East Side property, on 65th between Second and Third avenues. That afternoon, Kalikow staffers had mailed the last of the sales offerings out to the building’s tenants, a benchmark that took 18 months to reach. Read more of this 2008 story.


  • Raucous parties ruin Soho resident’s $10.5M penthouse: suit

    Condo rooftop allegedly operating illegal bar
    July 31, 2015 02:08PM
    From left: 54 Thompson Street and Mediterranean restaurant Pera in Soho

    From left: 54 Thompson Street and Mediterranean restaurant Pera in Soho

    When Rocco Vogel bought a $10.5 million Soho penthouse last year, he didn’t realize that “excessive” partying was one of the amenities. [more]

  • NYU files plans for Cobble Hill medical facility

    New hospital to span a total of roughly 343,000 square feet
    July 31, 2015 01:20PM By Claire Moses
    Rendering of the new development of the former Long Island College Hospital site in Cobble Hill, Brooklyn

    Rendering of the new development of the former Long Island College Hospital site in Cobble Hill

    NYU Medical Center filed plans for its proposed medical facility at the former site of the Long Island College Hospital at 339 Hicks Street in Cobble Hill, according to a permit application filed with the city Friday. [more]