The Real Deal New York

  • A 12-story glass office building is slated to rise in the Meatpacking District, the New York Post reported.

    The 172,000-square-foot tower will be built at 61 Ninth Avenue, on the southwest corner of West 15th Street. The space is currently occupied by Prince Lumber Co., which will relocate its business to West 47th Street and develop the new tower themselves. [more]

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  • Stuart Saft

    Stuart Saft

    Veteran real estate lawyer Stuart Saft has been tapped to chair the New York real estate practice at Holland & Knight, only 13 months after joining the firm, Law360 reported.

    While at Holland & Knight, Saft — who was formerly at Dewey & LeBoeuf and has been involved in many of the city’s largest deals over the past two decades – worked on Starwood Capital Group’s Baccarat Hotel deal as well as a 34-story hotel that Starwood is developing in conjunction with the Moinian Group. He has also been advising Ziel Feldman’s HFZ Capital Group on its Halcyon project in Turtle Bay. [more]

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  • Sotheby’s to sell its UES HQ

    The 500K-square-foot building last traded for $370M
    June 19, 2013 09:00AM
    Sotheby's New York headquarters at 1334 York Avenue

    Sotheby’s New York headquarters at 1334 York Avenue

    Sotheby’s, the renowned auction house, has put its Upper East Side headquarters up for sale, the New York Post reported. [more]

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  • Rudin’s St. Vincent’s site will have five individualized condo buildings: PHOTOS

    New York City, meet the Greenwich Lane
    June 19, 2013 08:15AM By Guelda Voien
    From left: Eyal Ofer of Global Holdings, Bill Rudin of Rudin Management and Dan Kaplan of FXFowle

    From left: Eyal Ofer of Global Holdings, Bill Rudin and Dan Kaplan of FXFowle

    Developers the Rudin family and Eyal Ofer provided The Real Deal with new details (and renderings!) of their controversial overhaul of St. Vincent’s hospital in the West Village, and they were worth the wait. The 200 condominiums in 10 buildings designed by FXFowle will be called the Greenwich Lane, in homage to the quaint hood’s quaint past, representatives for the project said. [more]

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  • Inside TheRealDeal
  • Aerial shot of the Brooklyn Navy Yard

    Aerial shot of the Brooklyn Navy Yard

    Appeals court rules in favor of Upper East Side marine transfer station. Some middle-class NYC housing targeted at those earning almost $200,000 per year. Steiner must hand over Brooklyn Navy Yard documents, judge says. Governors Island’s seawall rehabilatition project kicks off. Councilmen grapple with Park Slope community board over Fourth Avenue overhaul proposal. Read these stories and more after the jump.

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  • Top stories

    June 19, 2013 07:30AM

    Top stories yesterday on The Real Deal:
    1. Bistricer, Rieder sell UWS building in midst of condo conversion 
    2. Silverstone inks $18M deal for Gramercy rental
    3. Elliman bigwigs hobnob at Witkoff’s 10 Madison Square West preview: PHOTOS 

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  • The Empire State Building and Rubin Schron

    The Empire State Building and Rubin Schron

    UPDATED, 6:00 a.m., June 19: Rubin Schron, president of Cammeby’s International and one of the city’s major property owners, has offered $2 billion in cash to buy the Empire State Building, according to a letter an attorney for the investor sent Tuesday to an attorney for Malkin Holdings, the firm that controls the iconic skyscraper. [more]

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  • Stuyvesant Town

    Stuyvesant Town

    Some 2,000 tenants of Stuyvesant Town-Peter Cooper Village will be spared mid-lease rent hikes as part of an agreement between the owners of the 11,000-unit rental complex and New York Attorney General Eric Schneiderman, his office announced today.

    CWCapital Asset Management, the special servicer that controls the complex, notified tenants of the rent increases in May. [more]

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  • 77 Warren Street in Tribeca and architect Andre Kikoski

    77 Warren Street and Andre Kikoski

    Updated, 9:04 a.m., June 19: The Colonnade Group, a New York-based developer, is doing another condominium conversion in Tribeca, this time at a five-story building at 77 Warren Street, according to a description of the project on BuzzBuzzHome. [more]

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  • Gary Barnett, 251 Park Avenue South and Frank Ring

    Gary Barnett, 251 Park Avenue South and Frank Ring

    A nearly vacant office property that is part of the fabled F.M. Ring portfolio will be sold in a public auction on Aug. 28, following a ruling in New York state court, the New York Observer reported. Ring owns the property, at 251 Park Avenue South, with Extell Development, but the companies have been engaged in an ownership dispute. [more]

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