The Real Deal New York

18 Gramercy Park half sold, China’s ghostly real estate developments … and more

March 04, 2013 05:00PM

Governors Island building demolition (source Governor’s Island Blog)

1. Half the units at the Zeckendorfs’ 18 Gramercy Park are in contract [Press Release]
2. An auction bid for a condo at Bridge Tower Place in Lenox Hill starts at $1.2 million [Malcolm Carter]
3. Cushman & Wakefield’s Adam Rappaport is latest hire for Avison Young [NYO]
4. The demolition of a Governors Island building makes way for a park [Governors Island Blog]
5. The artist who created the Broken Angel building in Clinton Hill is set to be kicked out on March 15 [NYDN]
6. With few other options, China’s wealthy invest in real estate — even if whole neighborhoods remain vacant: VIDEO [60 Minutes]
7. “A root canal just for the hell of it”: New York Magazine’s architecture critic weighs in on the new Domino Sugar plan [NYMag]
8. Number of all-cash home purchases in metro areas jump over 2007 levels [WSJ]
9. Federal government puts Jonathan Miller on notice for sequestration [Matrix]
10. Scaffolding is gone at 95 Bedford Avenue, the 262-unit Williamsburg project designed by Karl Fischer [Brownstoner]
11. Sibling revelry: family members increasingly opt to become roommates [NYT]
12. An Arlington, Va. male real estate agent caught on tape pilfering female homeowner’s clothes: VIDEO [ARLnow]
13. A visual time machine: the Lower East Side in 1980 and three decades later [NYT]

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