The Real Deal New York

  • Council Speaker to oversee East Harlem rezoning

    Committee to also include Manhattan beep, council member and community activists
    April 27, 2015 08:00AM
    From left: Proposed rezoning in East Harlem and Melissa Mark-Viverito

    From left: Proposed rezoning in East Harlem and Melissa Mark-Viverito

    City Council Speaker Melissa Mark-Viverito has formed a committee that aims to oversee the proposed rezoning of East Harlem. [more]

  • Most popular stories on The Real Deal

    April 27, 2015 07:30AM

    Current reader favorites:
    1. Corruption probes slowing 421a, rent control talks: Cuomo
    2. Pregame analysis: Players weigh in on Meridian Capital’s investment sales push
    3. What a Chinese developer’s default means for New York
    4. Brooklyn may get a brand-new 5-mile subway line
    5. The incredible real estate portfolio of Oracle billionaire Larry Ellison

  • Larry  Ellison

    Larry Ellison

    Former Oracle CEO Larry Ellison is no stranger to the real estate market — he’s been called “the nation’s most avid trophy-home buyer” and has all but taken over entire neighborhoods in Malibu and the Lake Tahoe area. [more]

  • A look at what remains of one Fifth Avenue’s premier hotels

    Today, the old Holland House hotel is an office building
    April 26, 2015 04:00PM TRD WEEKEND EDITION


    Holland House at Fifth Avenue and 30th Street was once one of the city’s premier hotels. Today, it is an office building, but there are still remnants of its Gilded Age splendor. [more]

  • Inside TheRealDeal
  • NYC vs. London, Tokyo and San Francisco in maps

    Overlays compare NYC to other major cities
    April 26, 2015 02:45PM TRD WEEKEND EDITION


    With roughly 8.4 million residents, New York City is easily the largest city in U.S. But in terms of land area, it’s only the 24th largest city (defined by the city limits) in the U.S. Internationally, NYC doesn’t even make the top 250 largest. These maps (via Gothamist) comparing NYC to other world city’s make it clear just how dense the city really is. [more]

  • 5 lesser known landmarks

    From pools to steeples, check out these obscure protected sites
    April 26, 2015 01:30PM TRD WEEKEND EDITION


    New York City’s Landmarks Law was passed 50 years ago this month. Since it was enacted, it has protected 33,000 properties, as well as 114 historic districts such as Brooklyn Heights and Greenwich Village. But while everyone is familiar with iconic protected sites like the New York Public Library and the Empire State Building, many of the city’s landmarks are more obscure. Here’s a look at those lesser known properties via the New York Post.

  • TRD forumAttendees gather at the Real Deal’s Broward Forum and Showcase on Thursday.

    From the South Florida website: More than 2,000 real estate enthusiasts mingled at The Real Deal’s Broward Forum and Showcase Thursday afternoon at the Design Center of the Americas in Dania. [more]

  • Vector earnings outperformed estimates

    Director Bennett Lebow responded by selling 25,000 shares of Vector stock
    April 26, 2015 11:30AM TRD WEEKEND EDITION

    Douglas Elliman’s parent company Vector Group is having a heyday on the stock market, with shares outperforming expectations. And Vector’s director Bennett Lebow – partner to president and CEO Howard Lorber – is cashing in. [more]

  • Brooklyn may get a brand-new 5-mile subway line

    But not anytime soon
    April 26, 2015 10:30AM By Business Insider

    imagesMayor Bill de Blasio wants to see a new subway line in Brooklyn.

    In his outline for his new mobility plan “OneNYC,” de Blasio called for a study to investigate the feasibility of a subway line down the Utica Avenue corridor of Brooklyn. The mayor called this part of NYC “one of the densest areas of the city without direct access to the subway.”  [more]

  • Corruption probes slowing 421a, rent control talks: Cuomo

    The Governor said that Albany “has a lot going on right now”
    April 26, 2015 09:51AM TRD WEEKEND EDITION

    cuomoFederal corruption probes into the practices of state lawmakers are making it difficult for the Legislature to resolve contentious issues — particularly the extension of rent control for New York City, Gov. Andrew Cuomo said.

    “If it was a different time in Albany, frankly, and Albany was [in] a little bit more stable situation, I would normally take these negotiations to Albany and try to work it out among the parties,” Cuomo told business leaders at an Association for a Better New York breakfast. “Albany has a lot going on right now, let’s say.” [more]

  • The 10 most impressive houses of 2015

    The AIA jury awarded designs in three categories
    April 25, 2015 05:00PM By Business Insider

    Recipients of the 2015 Housing Awards

    The American Institute of Architects (AIA) have announced the recipients of the 2015 Housing Awards. Currently in its 15th year, the awards are designed to “recognize the best in US housing design” and “promote the importance of good housing as a necessity of life, a sanctuary for the human spirit and a valuable national resource.”


  • Hell’s Kitchen hoteliers face boycott after meeting with Ted Cruz

    LGBT activists and organizations are shunning both The OUT hotel and Fire Island Pine
    April 25, 2015 04:00PM TRD WEEKEND EDITION
    OUT Hotel co-owner Mati Weiderpass with Texas senator Ted Cruz and the OUT Hotel

    OUT Hotel co-owner Mati Weiderpass with Texas senator Ted Cruz and the OUT Hotel

    The owners of a hotel located at 510 West 42nd Street in Hell’s Kitchen are facing a boycott after meeting with Republican presidential hopeful and anti-gay marriage activist Ted Cruz. [more]

  • Reality star Bethenny Frankel ends her house hunt in Soho

    Frankel paid $4.2 million for an apartment at 22 Mercer Street
    April 25, 2015 03:00PM TRD WEEKEND EDITION
    22 Mercer Street

    “The Real Housewives of New York City” star Bethenny Frankel and 22 Mercer Street

    From Luxury Listings NYC: After an exhaustive apartment search spanning Hudson Square, Tribeca and SoHo, “The Real Housewives of New York City” star Bethenny Frankel has picked up a new apartment. [more]

  • Qatar is buying up London’s iconic properties

    Here is a look at the country’s most significant holdings
    April 25, 2015 02:00PM TRD WEEKEND EDITION
    Hamad bin Jassim bin Jaber Al Thani

    The Shard and Tower Bridge in London, and Hamad bin Jassim bin Jaber Al Thani, the former Prime Minister of Qatar

    Qatar recently purchased three landmark London hotels – Claridge’s, the Connaught, and the Berkeley – for about $2.4 billion. But those aren’t the only iconic properties the Gulf emirate owns in London. Here is a look some of its most prominent holdings in the city via Buzzfeed. [more]

  • From the archives: Shh!! The art of selling quietly

    Brokers see more ‘whisper listings’ from skittish owners who don’t want to draw attention
    April 25, 2015 01:00PM By Candace Taylor

    Nikki Field of Sotheby’s at a listing for $7.5 million at 455 Central Park West. She said that even sellers who are not in financial trouble are being more private in this market.
    In the fall of 2008, real estate broker Michael Garr was approached by a former client who had bought a large apartment in a tony building the previous spring.

    The client, who worked in finance, needed to downsize to a less expensive place after the Lehman fallout. But there was a catch: Garr had to keep the plan a secret, because the client hadn’t yet told his wife he was facing financial difficulty. Read the full story from November 2009 issue after the jump.

  • 110 years ago the Times Building was “the city’s tallest”

    Except that it wasn’t
    April 25, 2015 12:00PM TRD WEEKEND EDITION

    The Times Building

    In 1905, the New York Times ran a special supplement declaring the Times Building the “City’s Tallest Structure From Base to Top.” It was a bold, self-interested move, considering that at the time, most correctly considered the Park Row Building, opposite City Hall Park, to be the city’s tallest. [more]

  • Is this the perfect walking tour of NYC?

    According to one data scientist, yes it is
    April 25, 2015 10:00AM TRD WEEKEND EDITION


    Even for longtime New Yorkers, sometimes nothing beats an extended stroll through the city. Now, data scientist Randal Olson, who recently went viral with the “optimal U.S. road trip” map, has used his algorithm to create an “optimized walking tour” (ideal for those who plan to never leave Manhattan). [more]

  • The week in renderings: 44-28 Purves St., 303 East 44th St.

    Here are some images of future NYC sites that caught our eye
    April 25, 2015 09:04AM
    From left: 42 Maspeth Street and 465 Washington Street

    From left: 42 Maspeth Street and 465 Washington Street

    A building in Tribeca that will be enlarged and renovated to meet passive house standards at 465 Washington Street, a skyscraper with floating gardens near the United Nations headquarters and more notable renderings.

  • Court blocks Kuafu’s attempt to ditch Hudson Rise partners

    Strange series of lawsuits over Hudson Rise "not going to end here": judge
    April 24, 2015 06:41PM By Konrad Putzier and Kyna Doles
    Kuafu Ludwick

    From left: Kuafu’s Shang Dai, a rendering of Hudson Rise at 462-470 Eleventh Avenue, and Sean Ludwick

    Kuafu Properties just learned the hard way that dissolving a partnership can be far more difficult than forming one.

    A judge dismissed the New York-based Chinese developer’s petition to cut ties with estranged partners Sean Ludwick’s Blackhouse Development and Siras Development, in a decision reached April 14 and publicly filed Wednesday. This means a bizarre series of lawsuits between the three firms over the 47-story hotel and condo development Hudson Rise is likely headed for another round. [more]

  • Top residential agents of the week

    April 24, 2015 06:15PM
    Maria Manuche and 38 East 1st Street in the East Village

    Maria Manuche and 38 East 1st Street in the East Village

    Maria Manuche, formerly of the Corcoran Group (now at Compass) topped the week’s residential sales with a $6.1 million co-op at 38 East 1st Street in the East Village. Click here to see this listing and more.