The Real Deal New York

Category: Popular

  • From left: Leonard Blavatnik, 834 Fifth Avenue and Woody Johnson

    From left: Leonard Blavatnik, 834 Fifth Avenue and Woody Johnson

    Manhattan has a new record for most expensive co-op ever sold: $80 million. [more]

    2 Comments
  • magna

    From left: 60 West 36th Street, 231 East 43rd Street and Robert Indeglia

    Rhode Island-based hotel investment and management firm Magna Hospitality Group just sold two Midtown hotels for a total of $135.2 million, according to property records filed with the city today. [more]

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  • donaldtrump

    Donald Trump and the Trump Taj Mahal in Atlantic City

    In the wake of the recent closure of Trump Plaza in Atlantic City, N.J., Donald Trump is speaking out against the four-casino project heading to upstate New York. [more]

    10 Comments
  • shamash

    From left: Nigel Shamash and a rendering of 30-02 Borden Avenue

    Investors in a far-flung corner of industrial Long Island City are looking for a way to transform a 300,000-square-foot development site into a property that will raise its neighbors’ values.

    Nigel Shamash, principal broker at the firm 5cre, is courting developers to see who can come up with the best use for a property in a gritty section of the neighborhood between Newtown Creek and the Long Island Expressway. [more]

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  • From left: Jamie Dimon, a rendering of Hudson Yards and Bill de Blasio

    From left: Jamie Dimon, a rendering of Hudson Yards and Bill de Blasio

    Mayor Bill de Blasio has flatly rejected JPMorgan Chase’s request for $1 billion in tax breaks to build its headquarters in New York. [more]

    6 Comments
  • From left: Barry Gosin, Grand Central Terminal's dining concourse

    From left: Barry Gosin, Grand Central Terminal’s dining concourse

    The Metropolitan Transportation Authority selected Newmark Grubb Knight Frank to handle leasing of the retail space at Grand Central Terminal. [more]

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  • A tiny NYC apartment

    A tiny NYC apartment

    As we all know, a million bucks in one city doesn’t necessarily equal a million bucks somewhere else. And New York City would fall into that “somewhere else” category. [more]

    2 Comments
  • 33 Thomas Street

    33 Thomas Street

    It’s brutal. It’s windowless. It’s oh-so 1970s. But love it or hate it, 33 Thomas Street is perhaps one of the most eye-catching towers in Manhattan. [more]

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  • barbara-corcoran-16

    Barbara Corcoran

    Barbara Corcoran, of real estate and “Shark Tank” fame, still likes to spruce up around the Corcoran Group offices and keep things looking cheery — even though she sold the company in 2001. [more]

    9 Comments
  • Macklowe-386-Harmon-Spies

    From left: Billy Macklowe, 386 Park Avenue South, Doug Harmon and Adam Spies

    Billy Macklowe is testing the frothy Midtown South office market with the 20-story 386 Park Avenue South, which some insiders think may trade for more than $200 million. That could nearly double the sale price from two years ago. [more]

    1 Comment
  • town

    From left: Lindsey Owen, Jared Seligman and Central London

    Town Residential’s Lindsey Owen, who was tapped last month to head the firm’s first overseas office in London, just jumped ship to Douglas Elliman, The Real Deal has learned. [more]

    1 Comment
  • From left: One Brooklyn Bridge Park and Oosten in Williamsburg

    From left: One Brooklyn Bridge Park and Oosten at 429 Kent Avenue in Williamsburg

    New development and sponsored residential sales in Brooklyn saw a substantial drop in the third quarter, according to a new market report out by MNS Real Impact Real Estate. [more]

    4 Comments
  • From left: Sufyan Sigg, Al Baumol and a screenshot of the TenSource platform

    From left: Sufyan Sigg, Al Baumol and a screenshot of the TenSource platform

    A commercial real estate technology startup is looking to turn the landlord-tenant matchmaking business on its head. TenSource, according to its founders Al Baumol and Sufyan Sigg, is the first online database for leasing brokers created to list and search for tenant requirements. While brokers described it as “a CoStar in reverse,” the fledgling firm faces a number of challenges. [more]

    1 Comment
  • From left: 442 11th Street and Chirlane McCray with Mayor Bill de Blasio

    From left: 442 11th Street and Chirlane McCray with Mayor Bill de Blasio

    The “oasis in Park Slope” has been rented out. [more]

    7 Comments
  • Map

    Roughly 600 apartments are headed to South Williamsburg by the end of next year. Check out the interactive map after the jump.

    1 Comment
  • trump

    Donald Trump and a Trump University textbook

    A Manhattan state Supreme Court judge found Donald Trump personally liable for knowingly running his now-defunct Trump University without a license.

    New York Attorney General Eric Schneiderman has filed a $40 million lawsuit against Trump over the university. That case is still ongoing. [more]

    10 Comments
  • From left: Related's Stephen Ross, 30 Hudson Yards, 10 Hudson Yards and Tishman Speyer's Rob Speyer

    From left: Related’s Stephen Ross, 30 Hudson Yards, 10 Hudson Yards and Tishman Speyer’s Rob Speyer

    From the October issue: It’s no shock to hear that 1 World Trade Center, the centerpiece of the famed Lower Manhattan development site, has a construction price tag of $3.8 billion dollars. But that world-famous tower is not the only New York City building that developers are forking over that much money to construct. [more]

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  • Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    Airbnb founders Nathan Blecharczyk, Joe Gebbia and Brian Chesky

    UPDATED October 16, 10:30 a.m.: Almost three quarters of the city’s Airbnb rentals are in violation of zoning or other laws, according to a report that will be released today by Attorney General Eric Schneiderman.

    According to the report, commercial operators — rather than residents trying to make ends meet — manage more than a third of the units and account for more than a third of the revenue, according to the New York Times. The report found that 6 percent of the hosts made 37 percent of the revenue. [more]

    7 Comments
  • From left: Larry Silverstein and Robert A.M. Stern

    From left: Larry Silverstein and Robert A.M. Stern

    Developer Larry Silverstein and starchitect Robert A.M. Stern star in a hilarious video promoting their new Lower Manhattan project, 30 Park Place. Check out the video, complete with shots of the two legends cruising in a limo and discussing the old days, after the jump.

    1 Comment
  • Rendering of Hallets Point development (Credit: Studio V)

    The Durst Organization is projected to spend about $130 million to acquire three parcels where it plans to build a massive $1.5 billion residential and commercial development known as Hallets Point in Western Queens, according to several sources. Now, The Real Deal deconstructs the megaproject’s intricate assemblage process.

    Comments
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