Egyptian developer Samih Sawiris has listed his co-op at 417 Park Avenue for $9.5 million — $2.25 million more than what he purchased it for in 2010, StreetEasy shows. [more]
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The first model apartment at the long-awaited Watchcase Factory condominium development in Sag Harbor is opening this weekend, the New York Times reported. [more]
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Trump International Realty’s Michelle Griffith has the priciest listing to hit the Manhattan market this week, according to StreetEasy. Listed for $40 million, this penthouse condominium is located inside Trump Park Avenue at 502 Park Avenue. The unit has 7,132 square feet, eight full bathrooms and seven bedrooms. Head up to Central Harlem, where Corcoran’s Sandra Balan has the cheapest listing this week. The one-bedroom, one-bathroom co-op is located at 16-18 West 119th Street. The home comes with hardwood flooring, nearly 10-foot-high ceilings and a walk-in closet. See these listings and more after the jump.
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Peter Jackson is parting with two penthouse condominiums, and they’re not in Middle-Earth or even Midtown, but rather Tribeca. The filmmaker behind “The Lord of the Rings” trilogy and “The Hobbit” has listed his two apartments at 155 Franklin Street for $21.5 million, Curbed reported. [more]
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- Shaoul unloads FiDi rental for $25M
- Court rules against Nat'l Arts Club prez in rent case
- Victoria's Secret takes 60K sf space above flagship
- Construction at 105-room conversion kicks off
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Macerich, a real estate investment trust that owns retail properties nationwide, has big plans for drawing crowds to its Shops at Atlas Park in Glendale, Queens, Crain’s reported.
The mall, at 80-00 Cooper Avenue, opened in 2006 with an array of upscale shops but went bankrupt. Five years later, California-based Macerich bought the mall for $54 million and has been working to bring affordable national chains to the location. [more]
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From the May issue: 1939: Tiffany’s moves to upper Fifth Avenue
In a decision exemplifying the continued uptown march by luxury retailers on Fifth Avenue, famed jewelry store Tiffany & Company announced a deal to relocate 20 blocks north to 727 Fifth Avenue at 57th Street, 74 years ago this month.
At the time, Tiffany’s was located at 401 Fifth Avenue, at 37th Street, an area that was losing its influence as a shopping district. [more]
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Social networking titan Facebook is eyeing a Manhattan expansion and possible relocation, and is considering taking 160,000 square feet at Vornado Realty Trust’s 770 Broadway, Crain’s reported. [more]
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UPDATED, 10:45 a.m., May 24: A partnership between Black House Development and Oriel is bringing an 11-story, 27-unit luxury condominium building to West Chelsea, according to Department of Buildings permits spotted by BuzzBuzzHome. [more]
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Updated, 12:51 p.m., May 24: At least five retailers will open stores at Pier 57’s 19,000-square-foot headhouse after Memorial Day, the project’s developer Young Woo & Associates announced at an International Council of Shopping Center‘s RECon 2013 event attended by Crain’s.
The pop-up shops set to open include: coffee shop Cold Process, Nolita-based fresh juice bar Butcher’s Daughter, Gowanus-based eatery Fletcher’s BBQ, shoe retailer Soludos and design firm Grey Area. The headhouse is part of a 440,000-square-foot building on the pier next to Hudson River Park that Young Woo recently won the right to convert into a shopping center and cultural hub. [more]
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Half the homes at Long Island City’s luxury condominium Five27 are already in contract, and the excitement over sales reached such a frenzy that a prospective customer bum-rushed the door at the project’s opening, the New York Daily News reported. [more]














