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]
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Tax records reveal Bloomberg’s trio of Southampton homes. What NYC homeowners should know about refinancing a home. Signage pops up at Tribeca’s 7 Harrison Street project. And also at the Fulton Street transit hub. Living in the “Arrested Development” home has its perks and pitfalls. Read these stories and more after the jump.
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It’s a trophy property if there ever was one. A stately mansion hit the market in the Clinton Hill area asking a whopping $4.88 million — a record asking price, according to StreetEasy. Despite the home’s relative grandeur, the most eye-catching detail in the listing photos is a stack of the current owner’s trophies (no, not the recently-dead kind, the sort you win at youth soccer tournaments) piled in the living room. [more]
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- 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
- Orange Leaf franchise set for NYC expansion
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Apartment dwellers who use Airbnb to rent out their rooms are worried they’ll lose out on the extra income, following a court decision this week that upheld a $2,400 fine against an Upper East Side landlord who used the service, DNAinfo reported.
The ruling dealt with a tenant, Nigel Warren, who allegedly ran afoul of the city’s illegal hotel law by renting out his room using the short-term rental site, as previously reported. [more]
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Bonjour Capital has finally closed on a long-stalled Bedford-Stuyvesant apartment complex that has been the subject of much dispute, paying $16 million, an attorney for Bonjour confirmed to The Real Deal today. The deal, completed this week, will allow the new owner to proceed with the 57-unit rental project. [more]
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Townhouse at 386 Van Brunt Street asking $2.15 million could set a Red Hook record if sold. Lehman Brothers to sell millions of shares of AvalonBay and Equity Residential. Brooklyn-bound Max Fish hightailing it out of LES by July. Digital marketing firm signs lease for 8,732 sf in Midtown South. Barbara Corcoran tells her story — of going from a diner waitress to a mogul. Read these stories and more after the jump.
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Sabrina Kleier Morgenstern, Michele Kleier and Samantha Kleier ForbesFrom the May issue: Samantha Kleier Forbes and Sabrina Kleier Morgenstern share more than just their sisterly genes. Thry also share an office at Kleier Residential, the boutique residential firm co-founded by their mother, Michele, as Gumley Haft Kleier in the 1990s. Today the brokerage is one of the city’s top boutique firms, and the three Kleier women have sold some $130 million worth of real estate in the past year. [more]
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The owner of the former Tung Fa Noodle Factory in Williamsburg, which most recently housed a group of artists who were evicted last year after losing a long legal battle, is aiming to convert the property to apartments, according to BuzzBuzzHome. [more]
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Two Chelsea mixed-use buildings have sold for $15.9 million after three months on the market, the New York Observer reported. Located at 205 and 207 Eighth Avenue between 20th and 21st streets, the buildings have 23 apartments and two retail spaces. [more]












