It’s nearly impossible to memorize the cross streets for every street address in New York City. Thankfully, we just came across a formula that will do it for you. [more]
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Extell Development’s Gary Barnett has acquired a partnership stake in a 14-building portfolio owned by brothers Michael and Frank Ring, Crain’s reported. The interest belonged to investor Joseph Tabak, and the deal could allow Barnett to force a sale of the portfolio — with himself in a favorable position to acquire it. [more]
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CityRealty, the real estate information website, has launched a “Market Insight” section that provides users with real-time real estate data and neighborhood statistics, Curbed reported. Features include a currency comparison tool that lets users look up average condominium and co-op prices in 11 different currencies. [more]
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Real estate mogul Donald Trump is known for lending his name to real estate projects all over the world. But he hasn’t licensed his brand to a building on U.S. soil since before the recession, the Wall Street Journal reported.
In fact, the last time that the Donald inked a licensing agreement in the U.S. was in 2007, with Trump Soho. [more]
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- Silverstone closes $18M Irving Place deal
- Sales of bank-owned homes now faster than boom era
- Chelsea Clinton's hubby lists Grand Madison pad
- Schrager enlists Lorber, Witkoff on residential project
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The 76-unit Murano condominiums in Long Island City have sold out, according to Modern Spaces, the exclusive sales and marketing agent at the property. [more]
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Those looking for a Coney Island fire sale will have to keep walking. The daughter of the late developer Horace Bullard pulled a chunk of his real estate portfolio — among the most prized in the neighborhood — off the market several months ago, and some analysts think the decision indicates she will not sell the properties at discount rates, the New York Times reported.
Jasmine Bullard inherited such properties as the Shore Theater and the Thunderbolt and Playland Arcade site when her father died in April. [more]
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It’s a triple play for RFR Realty, which now has three new tenants at its 757 Third Avenue office tower, the New York Observer reported. The first is consulting and case management firm Epiq Bankruptcy Solutions, which inked a 28,036-square-foot lease on the third and seventh floors.
In addition, Omni Development, a real estate developer, and Astoria Federal Savings and Loan Association inked respective 5,700-square-foot and 5,284-square-foot deals. [more]
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A growing number of investors are opting for so-called 1031 exchanges, in the wake of tax code changes that have increased the hit on selling real estate. But with more sellers exchanging higher and higher priced properties, some experts say the investment sales market is getting artificially inflated. [more]
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An 8.3-acre estate known as Chateau Amorois in East Hampton has been sold for $21 million to an undisclosed buyer after multiple price chops, Curbed reported. [more]
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Continuing its expansion across the city, hipster clothing retailer Urban Outfitters has signed a deal for three floors at Malkin Properties-owned 1333 Broadway, the New York Post reported. [more]













