Correction: In the January issue, The Real Deal incorrectly stated at the 5th on the Park development is 51 percent occupied. It is 51 percent sold.
Correction: In the Jan. 17 edition of Insights from The Real Deal, the article said that The Real Deal discussed with Ordover sales in the high $600s per foot. It was actually the low $700s per foot.
Correction: Due to an error in the source article by Crain’s, The Real Deal originally misstated the closing price Murray Hill Properties paid for 509 Fifth Avenue.
Clarification: In the article “CWCapital to begin conversion of 570 units at Stuy Town,” The Real Deal reported that 570 units would be converted, citing a release from Fitch Ratings. In fact the units will be raised to market-level rents, but will remain rent-stabilized.
Correction: in a January Web story, The Real Deal incorrectly stated the price of the least expensive listing.