The Real Deal New York

  • Central Park West townhome returns to market asking $27.7M

    The property had previously set a record for single-family homes on the UWS when it sold
    September 14, 2014 05:00PM
    247 Central Park West

    247 Central Park West

    An 1887 Queen Anne townhome on Central Park West is poised to return to the market at $27.75 million. [more]

  • Boerum Hill townhouse asks record $5M

    The 4,200-square-foot house is currently being redeveloped
    September 14, 2014 04:00PM
    492 Warren Street in Boerum Hill

    492 Warren Street in Boerum Hill

    A three-story townhouse in Boerum Hill asking $5 million is the neighborhood’s most expensive listing ever, according to Buzzbuzzhome. [more]

  • South Florida developer gambles on Atlantic City

    Glenn Straub has bid $90 million on the Revel Casino Hotel
    September 14, 2014 03:00PM
    The Revel Hotel Casino in Atlantic City, N.J.

    The Revel Hotel Casino in Atlantic City, N.J.

    From the South Florida website: A Wellington-based developer made a $90 million bid for a bankrupt casino in Atlantic City and says he plans to invest $1.5 billion the property. Glenn Straub’s offer for the Revel Casino Hotel went public Wednesday after the contract was filed in bankruptcy court in New Jersey, according to the Palm Beach Post. The hotel was the setting of football player Ray Rice’s domestic violence incident in February. [more]

  • Gotham West struggles to find middle-income New Yorkers

    A number of the Hell’s Kitchen complex’s units sit empty
    September 14, 2014 02:00PM
    Gotham West in Hell's Kitchen

    Gotham West in Hell’s Kitchen

    It’s getting harder and harder to find middle-income earners in super-pricey Manhattan. The result: a number of “affordable” middle-income apartments in Hell’s Kitchen are sitting empty, as developers struggle to find residents who fit the income criteria. [more]

  • Inside TheRealDeal
  • Gramercy Park in Las Vegas?

    A new Las Vegas development is going for a Manhattan neighborhood feel
    September 14, 2014 01:00PM
    A rendering of the Gramercy in Las Vegas

    A rendering of the Gramercy in Las Vegas

    From Luxury Listings NYC: Palm trees in Gramercy Park? It seems unthinkable. But you should think again, because anything is possible in Las Vegas. The fast-growing desert city will soon have an enclave that aims for a real, Manhattan neighborhood feel: a 500,000-square-foot development that includes office, residential, retail and open space, named after the posh — and private — Gramercy Park. [more] 

  • Dutch Kills attracting businesses priced out of Manhattan

    The industrial Queens neighborhood is seeing a rental boom
    September 14, 2014 12:00PM
    The Scalamandre Silks building in Dutch Kills

    The Scalamandre Silks building in Dutch Kills

    Dutch Kills, an industrial subsection of Long Island City, is increasingly attracting a motley mix of artists, small businesses and manufacturers. [more]

  • Real estate mogul says his new Hamptons mansion is 5 ft. short

    Laurence Gluck is suing the architect for $500,000
    September 14, 2014 11:00AM
    Laurence Gluck and Manhattan Supreme Court

    Laurence Gluck and Manhattan Supreme Court

    New York City real-estate mogul Laurence Gluck is suing the architect who designed his $12.5 million Hamptons mansion after the home measured five feet too short. [more]

  • “Cliff House” is a unique and terrifying architectural effort

    The five-story Australian home features floor-to-ceiling windows and breathtaking views
    September 14, 2014 10:00AM By Business Insider
    Cliff House

    Cliff House

    For the discerning millionaire who wants a gorgeous coastal vacation getaway (and has no fear of heights), the Australian real estate firm Modscape has created a dream home. [more]

  • A look at the iconic Knickerbocker Hotel

    The hotel has seen a $240 million renovation
    September 14, 2014 09:00AM
    A rendering of what the hotel’s modern interior will look like

    A rendering of what the hotel’s modern interior will look like

    From Luxury Listings NYC: Midtown’s storied Knickerbocker building is being returned to its original use as a palatial playground for the extremely prosperous. Back in 1906, the illustrious John Jacob Astor IV spent an incredible $3.3 million to open the Knickerbocker Hotel at Broadway and 42nd Street. The hotel quickly became a favorite retreat for society figures and the idle rich, with its famous bar — said to be the birthplace of the martini — earning the nickname the “42nd Street Country Club.” [more]

  • Hamptons playboy Marc Leder spotted house shopping

    The so-called "Hugh Hefner of the Hamptons” is eyeing a Sagaponack manse
    September 13, 2014 05:00PM
    Marc Leder and 828 Sagg Main Street

    Marc Leder and 828 Sagg Main Street

    Notorious Hamptons party animal Marc Leder, known as the “Hugh Hefner of the Hamptons” has been spotted house hunting in Sagaponack. [more]

  • Kirsten Dunst’s Soho penthouse lists for $12,500 a month

    Celebrity neighbors include Michael Stipe, Casey Affleck and director Gus Van Sant
    September 13, 2014 04:00PM
    Kirsten Dunst and her apartment at 533 Canal Street

    Kirsten Dunst and her apartment at 533 Canal Street

    Kirsten Dunst has listed her two-bedroom Soho penthouse for $12,500 a month. [more]

  • A New York City penthouse

    A New York City penthouse

    From Luxury Listings NYC: It used to be that, long ago, a penthouse was the highest apartment at the tippy top of an apartment building. But then real estate developers realized that lots of people would like to live in a penthouse apartment — and that they could charge more if a home was labeled as a penthouse — so these days, the term “penthouse” can mean any of the apartments on the last few floors of a building. A new condo building might have four or five penthouses. [more]

  • The five priciest homes on the market in Silicon Valley

    Check out the homes after the jump
    September 13, 2014 02:00PM
    The most expensive homes in Silicon Valley

    The most expensive homes in Silicon Valley

    Prices for homes in Northern California are notoriously steep, with tech money contributing to a somewhat inflated real estate market. [more]

  • High East Village rents leading to higher vacancy rate

    The East Village had a vacancy rate of 2.08 percent in August
    September 13, 2014 01:00PM
    The East Village

    The East Village

    With rents in both the East and the West Village soaring, residents are fleeing, giving those neighborhoods some of the highest vacancy rates in Manhattan, according to a report released Thursday. [more]

  • California dreamin’

    Looking for more space and sun? Here’s what you’d get in Los Angeles for the price of your NYC shoebox
    September 13, 2014 12:00PM By Claire Moses
    A home at 2719 Hollyridge Drive in Hollywood that is  $1.595M

    A home at 2719 Hollyridge Drive in Hollywood that is
    $1.595M

    From Luxury Listings NYC: In the market for a $1.5 to $2 million pad in a prime Manhattan neighborhood? That will typically buy a one- or two-bedroom. Sometimes it’ll have only one full bathroom and, in the lower reaches of the price range — and especially if the home is in a new condo building — the unit in question will be less than a thousand square feet. [more]

  • A look at the ritzy homes where celebrities tied the knot

    Check out the extravagant homes after the jump
    September 13, 2014 11:00AM
    Celebrities and their home wedding venues

    Celebrities and their home wedding venues

    Increasingly couples are opting to ditch pricey venues to have their weddings in the comfort of their own home. And celebrity couples are no different – although the homes are certainly more extravagant. Here is a look at five homes where celebrity couples tied the knot via ELLE DÉCOR. [more]

  • Images of the Adeline’s remaining units revealed

    The building is currently over 80 percent sold
    September 13, 2014 10:00AM
    The Adeline at 23 West 116th Street

    The Adeline at 23 West 116th Street

    New images from the Adeline at 23 West 116th Street in Harlem have been released ahead of the launch of the building’s pricier units. [more]

  • Renovating with a family in mind

    A top designer and her contractor husband join forces to create a lovely, livable home on the UWS
    September 13, 2014 09:00AM By Michele Keith
    Nathaniel, Aden, Eve and Josh in their family room (Credit: STUDIO SCRIVO)

    Nathaniel, Aden, Eve and Josh in their family room (Credit: STUDIO SCRIVO)

    From Luxury Listings NYC: The tiny footprint embedded in the mosaic-floored foyer says it all: This is a home with children. But don’t get the wrong idea — there are no school calendars on the fridge, skateboards in the hall or tortilla-chip crumbs ground into the carpet here. The expansive Upper West Side home of interior designer Eve Robinson is done in her signature fashion, where whimsy, nuance and historically-grounded contemporary style combine to create a highly livable space. [more]

  • Top residential agents of the week

    Armin Allen tops this week's list with a $30.9M Carnegie Hill co-op sale
    September 12, 2014 06:20PM
    From left: Armin Allen and 1107 Fifth Avenue

    From left: Armin Allen and 1107 Fifth Avenue

    Armin Allen of Brown Harris Stevens had the top listing this week with the $30.9 million sale of a co-op at 1107 Fifth Avenue in Carnegie Hill. Click here to see this listing and more.

  • Urban American puts big Brooklyn-heavy portfolio on the block

    14 properties in Brooklyn and one in Staten Island are expected to fetch more than $200M
    September 12, 2014 06:10PM By Adam Pincus
    Hauspurg-Schechtman-Jones-Nostrand

    From left: Peter Hauspurg, David Schechtman, Marion Jones and 2425 Nostrand Avenue (Photo credit: Google)

    Urban American Management, one of the city’s leading private equity-backed real estate investment firms during the mid-2000s boom, is listing for sale a mega Brooklyn-focused apartment portfolio likely to trade for more than $200 million. [more]

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