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The Wrap: “Off-the-papers” buys crank out big profits, LIC townhouse hits the market for $8M … and more

Inside the $8M townhouse at 5-46 51st Avenue in Long Island City
Inside the $8M townhouse at 5-46 51st Avenue in Long Island City

1. “Off-the-papers” buys crank out big profits [NYP]

2. LIC townhouse hits the market for $8M [Curbed]

3. “Million Dollar Listing New York” star Luis Ortiz rumored to have made Abington House buy [NYP, 4th]

4. JPMorgan, Morgan Stanley to lead Shake Shack IPO [Reuters]

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5. Plaza condo doubles ask to $25M [Curbed]

6. How to lose a rent-stabilized apartment [WNYC]

7. Casino projects vie for spaces near NYC [WSJ]

8. Williamsburg man charged with making bogus 911 calls about noisy tenants [NYDN]

— Julie Strickland