The Real Deal New York

Category: Popular

  • Tracking NYC’s co-op sales records

    October 22, 2014 08:00AM
    From left: Leonard Blavatnik, buyer of a $80 million co-op; Nassef Sawiris, buyer of a $70 million co-op and the penthouse at 960 Fifth Avenue

    From left: Leonard Blavatnik, Nassef Sawiris and the $70 million penthouse at 960 Fifth Avenue

    Prices at the top of New York City’s co-op market are catching up to the stratospheric levels seen at some of the city’s swankiest new condo buildings, with record prices rising nearly 50 percent since 2012. [more]

    Comments
  • From left: Sarah Jessica Parker as Carrie Bradshaw and Parker in front of 66 Perry Street

    From left: Sarah Jessica Parker as Carrie Bradshaw and Parker in front of 66 Perry Street in the West Village

    Sarah Jessica Parker’s Carrie Bradshaw just can’t say goodbye to her sweet West Village brownstone. Her neighbors, however, wish she would. [more]

    3 Comments
  • From left: Gary Barnett (Credit: STUDIO SCRIVO), 251 Park Avenue South and Frank Ring

    From left: Gary Barnett (Credit: STUDIO SCRIVO), 251 Park Avenue South and Frank Ring

    Extell Development’s Gary Barnett, in his own words, on how he outmaneuvered rivals and hostile sellers to seize control of one of New York real estate’s most coveted prizes: the million-square-foot F.M. Ring Midtown South portfolio. Read the full story after the jump.

    55 Comments
  • 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]

    5 Comments
  • From left: Bruce Ratner and the Barclays Center

    From left: Bruce Ratner and the Barclays Center

    Developer Bruce Ratner’s Forest City Ratner is selling a 55 percent stake in the Barclays Center. [more]

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  • 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]

    Comments
  • 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
  • 609-615 Second Avenue

    609-615 Second Avenue

    Developer Abraham Leser, a longtime player in Brooklyn’s insular real estate circles, scooped up four low-rise buildings in Murray Hill for $26.5 million. [more]

    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]

    Comments
  • 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]

    Comments
  • 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]

    5 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
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