The Real Deal New York

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  • From left: Luis Ortiz and Fredrik Eklund on a recent episode of Million Dollar Listing New York

    From left: Luis Ortiz and Fredrik Eklund on “Million Dollar Listing New York”

    The Upper East Side, West Village and Cobble Hill, oh my! Our big three are at all corners of the city this episode selling, selling, selling —properties, themselves, dreams and bisexual fireplaces. Like the superheroes they truly are, they let nothing stop them: not naysaying developers, unrealistic buyers or even New York City traffic. [more]

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  • Anbang717Fifth

    From left: 717 Fifth Avenue and Anbang’s Chairman Wu Xiaohui

    Anbang Insurance Group, the Chinese insurer that bought the Waldorf Astoria last year, has closed on its second major acquisition in New York City, paying $415 million for the office portion of  717 Fifth Avenue. [more]

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  • garyBarnettNordstrom

    From left: Rendering of Nordstrom Tower (credit: Smith + Gill), Gary Barnett (Credit: STUDIO SCRIVO) and rendering of One57

    Developer Gary Barnett has sky-high ambitions for the Nordstrom Tower: Whether or not his condo tower at 217 West 57th Street becomes the tallest building in New York City, Barnett could break records if he comes close to his projected $4.4 billion sellout. [more]

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  • 518 West 18th Street

    From left: Ziel Feldman, 518 West 18th Street in Chelsea and Bjarke Ingels

    Ziel Feldman isn’t looking to push the envelope in terms of pricing at his Bjarke Ingels-designed High Line condominium project. Condos will start at less than $4 million and the development could have as many as 300 apartments. [more]

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  • From left: 550 Vanderbilt Avenue and MaryAnne Gilmartin

    From left: 550 Vanderbilt Avenue and MaryAnne Gilmartin

    Forest City Ratner may be famous for betting big on Brooklyn, but its CEO MaryAnne Gilmartin isn’t as bullish on the borough as she used to be.

    “Brooklyn might be a little overheated for us,” Gilmartin said Wednesday at the Honest Buildings Real Estate Innovation Summit, held at 7 World Trade Center. She added that real estate prices in Brooklyn have gotten “out of control.” [more]

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  • From left: Jared Kushner and Riggs Kubiak, CEO of Honest Buildings

    From left: Jared Kushner and Riggs Kubiak, CEO of Honest Buildings

    Jared Kushner isn’t an upstart trying to claw his way into the real estate business — quite the opposite. He inherited a multimillion-square-foot portfolio from his father, Charles Kushner, and married into the Trump real estate dynasty.

    But on Tuesday, the 34-year-old CEO of Kushner Cos., dressed casually in a button-down and gray jeans, riffed on why he actually fights against old-school real estate paradigms. [more]

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  • From left: The Beekman Tower at 3 Mitchell Place in Midtown East and Silverstein Properties CEO Marty Burger

    From left: The Beekman Tower at 3 Mitchell Place in Midtown East and Silverstein Properties CEO Marty Burger

    Buyer Chaim Miller and seller Silverstein Properties have smoked the peace pipe, and are making progress on the $138 million deal for the Beekman Tower at 3 Mitchell Place.

    In April, Silverstein sued Miller, claiming that the Brooklyn-based investor breached the terms of sale when he failed to pay an additional deposit after failing to close the deal by the agreed-upon February closing date.  [more]

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  • From left: Ilan Bracha and Ryan Serhant at the Encore  Beach Club

    From left: Ilan Bracha and Ryan Serhant at the Encore Beach Club (Credit: Ryan Serhant)

    As the city’s commercial brokers wheel and deal in and around the cavernous Las Vegas Convention Center this week, their colleagues on the residential side aren’t far behind. [more]

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  • From left: A rendering of the William Vale hotel in Williamsburg and 27 Stewart Avenue in Bushwick

    From left: A rendering of the William Vale hotel in Williamsburg and 27 Stewart Avenue in Bushwick

    UPDATED 3:15 p.m., May 20: Bushwick as the city’s hottest new tourist destination? It could happen. [more]

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  • From left: Santiago Calatrava and the World Trade Center PATH station

    From left: Santiago Calatrava and the World Trade Center PATH station

    Starchitect Santiago Calatrava isn’t being asked to compete for new projects in the U.S. after designing the PATH commuter rail station in Downtown Manhattan. [more]

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  • ICSC attendees tweet their way through RECon 2015. (Photos, clockwise from top left: Twitter users @cbreRetail, @FireRunner, @HowardHughesCo and @JustinABeck)

    ICSC attendees tweet their way through RECon 2015. (Photos, clockwise from top left: Twitter users @cbreRetail, @FireRunner, @HowardHughesCo and @JustinABeck)

    Between packed pool parties and lavish soirees at some of the strip’s hottest hotels and nightclubs, real estate’s most social retail players are finding time to tweet the latest from ICSC’s annual RECon event in Las Vegas. Click here for a look at some of the The Real Deal’s favorite tweets from the event, where industry professionals are chirping away from the floor of the Las Vegas Convention Center and beyond.

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  • 10 Hudson Yards

    Danny Meyer and rendering of 10 Hudson Yards (credit: Related)

    Restaurateur Danny Meyer is in talks to open a new food hall at the Related Cos.’ 10 Hudson Yards development on the West Side of Manhattan. [more]

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  • From left: Tess Jacoby of RKF, Haim Chera of Crown Acquisitions, Joshua Strauss of RKF and Stanley Chera of Crown Acquisitions at the Las Vegas Convention Center on Monday

    From left: Tess Jacoby of RKF, Haim Chera of Crown Acquisitions, Joshua Strauss of RKF and Stanley Chera of Crown Acquisitions at the Las Vegas Convention Center

    About 2,000 New York’s real estate professionals hit Las Vegas for the International Council of Shopping Centers’ 2015 RECon, held at the Las Vegas Convention Center. Photos and more from these parties after the jump.

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  • From left: Hightower’s Donald DeSantis, Brandon Weber and Niall Smart  and a screenshot of the product

    From left: Hightower’s Donald DeSantis, Brandon Weber and Niall Smart and a screenshot of the product

    Hightower, a cloud-based leasing portfolio management company, has raised $13 million in a Series B financing round. Venture capital firm RRE led the investment round, which takes Hightower’s total capital raised to $22 million and makes it one of the industry’s deepest-pocketed tech startups. [more]

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  • Las Vegas' Encore Beach Club played host to two RECon parties yesterday. (Photos, from left: Instagram users @amelie0123 and @100dc)

    Encore Beach Club played host to two RECon parties yesterday. (Photos, from left: Instagram users @amelie0123 and @100dc)

    Flights from New York to Las Vegas the weekend of the International Convention of Shopping Centers’ annual expo can seem like a clubhouse meeting of the industry’s retail players. In comparison, the pool parties that dot Sin City the days before the show kicks off are more like trips to the beach. [more]

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  • 11 Madison Avenue

    From left: Marc Holliday, 11 Madison Avenue in the Flatiron District and Alex Sapir

    SL Green Realty is set to acquire the Sapir Organization and CIM Group’s 11 Madison Avenue office tower for $2.6 billion in one of the largest real estate deals in the city’s history. [more]

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  • Bassen WeWork Neumann

    From Left: Invesco’s Todd Bassen, a WeWork shared office in Washington D.C., and WeWork’s Adam Neumann

    Hot on the heels of raising $355 million in venture capital, WeWork has made its biggest hire to-date: Todd Bassen, current head of New York acquisitions for Invesco, is joining the shared office space provider as co-head of real estate, The Real Deal has learned. According to sources, he will be working alongside the company’s current head of real estate, Mark Lapidus.  [more]

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  • From left: renderings of the Durst Organization's tetahedron on West 57th Street and Pacific Park in Brooklyn.

    From left: renderings of the Durst Organization’s tetrahedron on West 57th Street and Pacific Park in Brooklyn

    Congress might make some changes to the EB-5 program, when it’s up for renewal in September.

    In New York, this could mean that real estate projects that are developed with the help of the visa program would have to be built in low-income areas. [more]

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  • Kicking off ICSC in Vegas: PHOTOS

    May 18, 2015 10:00AM
    Clockwise from top left: Robert Futterman, David Edelstein, Christopher Petracca, Ryan Serhant, Tommy Bennetter, Zach Beloff, Taryn Talmadge, Patricia Garcia, Pamela Haber, Brandon Hakimi, Ivan Hakimian and Evan Rafinia (Credit: Adam Pincus/The Real Deal)

    Clockwise from top left: Robert Futterman, David Edelstein, Christopher Petracca, Ryan Serhant, Tommy Bennetter, Zach Beloff, Taryn Talmadge, Patricia Garcia, Pamela Haber, Brandon Hakimi, Ivan Hakimian and Evan Rafinia (Credit: Adam Pincus/The Real Deal)

    Top New York City dealmakers were in Las Vegas over the weekend, prepping for the start of the world’s largest retail convention, the International Council of Shopping Centers’ RECon 2015, which runs Sunday through Wednesday. Sunday afternoon, Jeff Sutton, Robert Knakal, Simon Ziff, Bobby Cayre and dozens of others were backslapping and taking in the sun at the pools and cabanas of the Wynn Las Vegas hotel. Later that night, thousands of attendees headed to the Las Vegas Strip for an evening of parties. Pictures and more after the jump.

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  • The ICSC party guide: INTERACTIVE

    May 17, 2015 12:00PM

    Las-Vegas

    As New York City’s retail professionals flock to Las Vegas to attend the International Council of Shopping Centers’ annual RECon event, some of Sin City’s hottest hotels, restaurants and nightclubs are prepping for two straight days of wining, dining and rubbing elbows with the city’s real estate elite. Click here for an interactive look at some of the conference’s must-attend events.

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