The Real Deal New York

  • Fisher Brothers heir’s widow asks $16M for Astor Place co-op

    Kristen Fisher inherited apartment after mogul Richard Fisher died in 2006
    October 23, 2014 06:00PM
    445-lafayette-street-penthouse

    445 Lafayette Street in Noho (Inset: Richard Fisher and Nikki Field)

    Late Fisher Brothers heir Richard Fisher’s widow has listed her full-floor co-op at the Related Companies’ Astor Place building in Noho for $16 million. [more]

  • Like The Real Deal on Facebook

    Join a community of 45,000+ fans
    October 23, 2014 05:30PM

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    Like what TRD has to say? Want to share our stuff with your inner circle? Then like The Real Deal magazine’s Facebook page for an hourly dose of the city’s most exciting real estate headlines, links to quirkier pieces and lively conversation about important properties in New York and around the world. [TRD's Facebook Page]

  • flatiron

    Violinist Joshua Bell’s penthouse apartment in the Flatiron District (Credit: Dwell on Design, via Curbed)

    Joshua Bell offers peek at violin-themed Flatiron penthouse. Douglas Elliman and Madison Square Garden partner for “celebrity row” rebranding. Barnes & Noble in Bronx averts closure, gets 2-year lease extension. Read these stories and more after the jump.

  • New Yorkers snap up Miami sites as Russian investors exit

    South Florida real estate insiders weigh in on investment trends at TRD panel event
    October 23, 2014 04:35PM By Frank Alvarado
    From left: Craig Studnicky, Alicia Cervera, Nelson Gonzalez and Jay Parker

    From left: Craig Studnicky, Alicia Cervera, Nelson Gonzalez and Jay Parker

    From the South Florida website: While Russian buyers are fleeing Sunny Isles Beach, investors from New York and Los Angeles are flocking to Miami to buy luxury homes, according to a group of brokers who participated in a panel discussion during The Real Deal’s Annual Real Estate Forum and Showcase in the Design District’s Moore Building. [more]

  • Inside TheRealDeal
  • This month in real estate history

    1914: Recession brings large foreclosures
    October 23, 2014 04:05PM By Adam Pincus
    The Simpson-Crawford department store

    The Simpson-Crawford department store

    From the October issue: A two-year recession that stretched into late 1914 precipitated a string of property foreclosures in Manhattan, including the once-regal department store at 641 Sixth Avenue along Ladies Mile, 99 years ago this month.

    The lender on the property, the Equitable Life Assurance Society, filed to foreclose on $1.4 million in loans for the building and related properties between 19th and 20th streets, once occupied by the venerable Simpson-Crawford department store. [more]

  • Related buys stake in CORE

    Sales price of the purchase of boutique brokerage has not been disclosed
    October 23, 2014 03:35PM
    From left: Shaun Osher and Jeff Blau

    From left: Shaun Osher and Jeff Blau

    Related Companies, one of the city’s biggest landlords, is buying a stake in CORE, a boutique residential brokerage firm. [more]

  • SL Green joins Jared Kushner’s big Gowanus project

    Site was in contract in June for as much as $80M
    October 23, 2014 03:15PM
    kushner

    From left: Jared Kushner, 175-225 Third Street in Brooklyn and Marc Holliday

    SL Green Realty joined a partnership between Jared Kushner’s Kushner Companies and LIVWRK to buy a block-long, 140,000-square-foot development site in Gowanus, according to SL Green. [more]

  • Clinton Towers in the Bronx hit the market for $70M

    Three 16-story affordable-housing buildings hold 455 units
    October 23, 2014 02:45PM By Mark Maurer
    clinton

    From left: 730 Oakland Place, 750 East 179th Street and 740 East 178th Street in the Bronx, and Marco Lala

    Clinton Towers, a three-building affordable-housing complex in the Bronx neighborhood of Tremont, hit the market this week for $70 million. [more]

  • Rendering offers latest peek at Alhambra Theatre conversion

    Former vaudeville venue in Brooklyn will hold 38 residential units
    October 23, 2014 02:15PM
    From left: a rendering for the new Alhambra Theatre and old picture of the property

    From left: a rendering for the new Alhambra Theatre and old picture of the property

    A new glimpse of the conversion of the former Alhambra Theatre at 783 Knickerbocker Avenue in Brooklyn is now available. [more]

  • Extell rakes in $79M on two big sales at One57

    Fashion mogul Silas Chou shells out $56M for full floor unit
    October 23, 2014 01:45PM By E.B. Solomont
    From left: Extell's Gary Barnett, One57 and Silas Chou

    From left: Extell’s Gary Barnett, One57 and Silas Chou

    Two big sales at Extell Development’s One57 hit public records today – totaling $79 million. [more]

  • What’s hot on TRD Social right now

    The most buzzworthy posts on The Real Deal's Facebook page
    October 23, 2014 01:15PM

    1. Some listings sizzle, and some listings fizzle
    2. Tracking NYC’s co-op sales records
    3. Affordable housing snapshot: NYC vs. the world

    Like The Real Deal on Facebook for breaking industry stories, links to quirkier pieces and lively conversation about important properties in New York and around the world. [TRD's Facebook Page]

  • Knicks’ Carmelo Anthony checks out $15M Chelsea penthouse

    Duplex in 177 Ninth Avenue boasts 2,640-square-foot terrace
    October 23, 2014 12:50PM
    carmelo

    From left: Carmelo and La La Anthony, 177 Ninth Avenue in Chelsea and 1212 Fifth Avenue on Upper East Side

    New York Knicks star Carmelo Anthony is on the hunt for a new Manhattan apartment. He and his wife LaLa recently checked out a four-bedroom penthouse duplex at the Chelsea Enclave asking $15 million. [more]

  • Gary Barnett to pay at least $25M for UES church’s air rights

    Deal with Park Avenue parish could work out to a pricey $640 per square foot
    October 23, 2014 12:28PM
    From left: Gary Barnett and Upper East Side's Park Avenue Christian Church

    From left: Gary Barnett and Upper East Side’s Park Avenue Christian Church (Barnett photo:  STUDIO SCRIVO)

    Gary Barnett’s Extell Development will pay $24.7 million to the Park Avenue Christian Church as part of a plan that allows the developer to build a new residential tower at the site of the church’s parish.

    Under the plan, the church will also get an $8.75 million annex in the new building and $2 million to endow a preschool. The preschool was forced to move out due to Extell’s development, according to the Wall Street Journal. [more]

  • What execs at property tech startups have learned about NYC

    New York market has provided plenty of surprises for managers at these fledgling companies
    October 23, 2014 11:51AM By Kerry Barger
    From left: Jared Kushner, Riggs Kubiak, Brandon Weber, David Eisenberg and Arie Barendrecht

    From left: Jared Kushner, Riggs Kubiak, Brandon Weber, David Eisenberg and Arie Barendrecht

    The Big Apple has put out the welcome mat for commercial real estate startups, as companies from across the tech sector flood into parts of Midtown South and Brooklyn’s so-called Tech Triangle. [more]

  • Ashkenazy buys retail buildings near bus terminal for $40M

    Centurion Realty sells pair of properties along Eighth Avenue
    October 23, 2014 11:25AM By Mark Maurer
    ashkenazy

    From left: Ben Ashkenazy, Ralph Tawil, 601-611 Eighth Avenue in Midtown and Daniel Levy

    Ben Ashkenazy’s Ashkenazy Acquisition Corporation bought a pair of adjacent retail buildings a block south of the Port Authority Bus Terminal in Midtown for a combined $40 million, The Real Deal has learned. [more]

  • Jessica Chastain scopes out $3.5M townhouse

    2,900-square-foot property at 130 East 38th Street has three bedrooms and has been gutted
    October 23, 2014 10:50AM
    From left: 130 East 38th Street and Jessica Chastain

    From left: 130 East 38th Street in Midtown and Jessica Chastain

    Actress Jessica Chastain is shopping for a townhouse. [more]

  • Fort Lee goes upscale

    Could two new luxury rentals help the NJ city join the so-called Gold Coast?
    October 23, 2014 10:20AM By Rich Bockmann
    The first of the twin 47-story rentals at the Modern in Fort Lee began leasing last month.  (Inset) Steven Pozycki, CEO of SJP Properties, the developer of the Modern (Photo: STUDIO SCRIVO)

    The first of the twin 47-story rentals at the Modern in Fort Lee began leasing last month.
    (Inset) Steven Pozycki, CEO of SJP Properties, the developer of the Modern (Photo: STUDIO SCRIVO).

    From the October issue: When conversations turn to New Jersey’s Gold Coast there is one locale that’s invariably left out: Fort Lee. Atop the Palisades cliffs at the foot of the George Washington Bridge, Fort Lee doesn’t sit on the waterfront and hasn’t seen the same kind of residential development that Gold Coast towns have in recent years. [more]

  • Council speaker wants more affordable units at Astoria Cove

    Mark-Viverito, mayor and developer said to be working on compromise in private negotiations
    October 23, 2014 09:50AM
    From left Melissa Mark-Viverito and a rendering of Astoria Cove (credit: Studio V Architecture)

    From left Melissa Mark-Viverito and a rendering of Astoria Cove (credit: Studio V Architecture)

    Unless more affordable housing is added, City Council Speaker Melissa Mark-Viverito will oppose the Astoria Cove redevelopment project. [more]

  • Water tank art in New York City

    Water tank art in New York City

    Artwork project on water tanks continues. Jason Kidd lists Hamptons home for $8 million. Real estate prices are rising around London’s Regents Park. Read these stories and more after the jump.

  • Boutique stores join the mix at Brookfield Place

    The Downtown shopping hub is now more than 90 percent leased
    October 23, 2014 08:50AM
    From left: Satya jewelry, Babesta and Brookfield Place

    From left: Satya jewelry, Babesta and Brookfield Place

    Two local businesses will be setting up shop at Brookfield Properties’ Lower Manhattan shopping center. [more]

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