Happy Memorial Day
In honor of Memorial Day, we won’t be posting on Monday (but we’ll keep our eyes peeled for breaking news). Enjoy some time barbecuing in the sun — but don’t forget to check back next week. We resume our regular posting schedule Tuesday at 7:30 a.m. —TRD
The week’s top sale was for unit 5/6D at 812 Park Avenue. Serena Boardman of Sotheby’s International Realty had the listing for the home, which traded for $8,500,000. See the other top sales and more after the jump.
1158 Fifth Avenue
Duplex penthouse at 1158 Fifth Avenue known for its conservatory asks $17 million. Eighty-seven-year-old woman loses suit against Donald Trump over Chicago condo deal. Biggest LEGO model in the world invades Times Square. Part of New York Aquarium to reopen tomorrow, seven months after Sandy. Eight-story residential project emerging across from MoMA PS1 in Long Island City. Read these stories and more after the jump.
From left: April Purdy, as a flight attendant and as an agent, and an interior at one of her listings
Many New York sales agents have come to the business of real estate from a wide range of other professions. In a regular web feature, The Real Deal will profile brokers for whom selling properties represents a major career transition.
April Purdy came a long way, literally and figuratively, to get to New York City. The Louisiana-born blonde, 35, spent years as a flight attendant with TWA and Delta before 9/11 caused her to rethink her career choices. After a stint as a hairdresser (and another with a “horrendous” real estate brokerage) Purdy landed at Bond New York. Yesterday, she sat down with The Real Deal and dished on avoiding the Craigslist killer, how airline regs keep your pantyhose from melting to your leg and who is worse – passengers or prospective renters. [more]
HFZ’s Ziel Feldman and a Halcyon rendering (Source: BuzzBuzzHome)
Developer James Kennelly filed suit Wednesday against HFZ Capital Group and Arbor Realty Funding, alleging the development firm and the lender defrauded him in a deal to give them control of his three Turtle Bay co-op units.
He filed the suit, seeking up to $14 million, in New York State Supreme Court, alleging HFZ misrepresented assets it purchased from Arbor and made false inducements to get him to enter into the deal. [more]
From left: Steve Witkoff, Winston Fisher and 101 Murray Street
St. John’s University today announced an agreement to sell its satellite Tribeca building at 101 Murray Street to a joint venture of Fisher Brothers, Howard Lorber and Witkoff Group, which plan to raze the building to construct condominiums, Crain’s reported. [more]
From left: Michael Barry, 87 Chambers Street and Charles Blaichman
Updated, 3:39 p.m., May 24: Charles Blaichman’s CB Developers has sold a Tribeca development site to Hoboken, N.J.-based Applied Development Company for $23.2 million, mere months after paying Fishman Holdings $22 million for the plot, city records filed today show. [more]
Elliman’s Susan de Franca and a unit at Walker Tower
JDS Development said today that Douglas Elliman will take over as the exclusive marketer at Walker Tower, bumping CORE from the assignment. The move follows CORE agent Vickey Barron’s departure to Elliman earlier this week. [more]
From left: A Sandy-damaged Rockaways property and City Planning Commissioner Amanda Burden
The Department of City Planning this week released its post-Sandy building-elevation plan that calls for zoning changes to allow for such alterations, Crain’s reported. Earlier this year the city waived some zoning rules to speed up recovery work, but now these zoning changes are set to become permanent city guidelines. [more]
A rendering of The Landing, part of Disney’s new Disney Springs development
From the South Florida site: Disney Co. has selected Thor High Street Advisors as its exclusive broker for the company’s new Disney Springs project outside Orlando, The Real Deal confirmed. [more]
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