Scenes from the 2008 Azure crane collapse

A New York State Supreme Court ruled Tuesday that the city cannot deny liability for damage stemming from the 2008 crane collapse at the Upper East Side’s Azure cond-op, despite transferring ownership over to another entity, Law360 reported.

While another judge let the city off the hook two years ago, Judge Manuel Mendez ruled that liability remains under a state law commonly known as the “Scaffold Law.” Mendez rejected the city’s motion to dismiss claims brought by a trustee for Ramadan Kurtaj, a construction worker who was killed when the crane collapsed at the 333 East 91st Street site. [more]

702-706 Madison Avenue

Friedland Properties, a landlord considered one of the largest retail owners along the prime section of Madison Avenue on the Upper East Side, plans to increase the height of 702 Madison Avenue, in order to create a major retail space on the luxury strip between 57th and 72nd streets. [more]

Rendering of the Marquand

HFZ Capital is redeveloping the Marquand condominiums on the Upper East Side and will list the renovated units between $15 million and $40 million, Curbed reported. Douglas Elliman will handle sales, which are slated to kick off in May.

Renovations to the 100-year-old building at 11 East 68th Street will take place on the exterior and interior, including fixes to the Beaux-Arts façade. Shelton, Mindel & Associates and Beyer Blinder Belle Architects are the architects of record. [more]

Jamie Dimon and the former doctor’s office space

JPMorgan Chase chief Jamie Dimon has dropped $2.05 million on a ground-floor commercial co-op unit at his Park Avenue building, according to public records filed with the city. [more]

Rubin Schron, the Monterey (credit: CityRealty) and Related’s Jeff Blau

The Related Companies has agreed to sell the Monterey on the Upper East Side to investor Rubin Schron for $250 million, marking the priciest sale of a multi-family building in Manhattan so far this year, Bloomberg News reported. The 521-unit rental property at 175 East 96th Street was one of Related’s largest apartment buildings. [more]

The interior of the Beresford unit

The stately Beresford is not the sort of building you associate with foreclosure. Not only because the Upper West Side co-op has attracted the likes of Jerry Seinfeld, Glenn Close and the recently ousted Citigroup CEO Vikram Pandit, but also because single-name pre-war co-ops in Manhattan tend to learn more about prospective buyers than the FBI does about terrorists. [more]

HFZ’s Ziel Feldman and a Halcyon project rendering

HFZ Capital Group’s condominium development in Turtle Bay, once the site of a deadly crane collapse, will be called Halcyon NY and will include a mix of one-bedrooms through four-bedrooms, priced at between $1.5 million and $5 million, Curbed reported.

The building is set to reach 32 stories, with a total of 123 condos, as The Real Deal reported. In 2008, the crane accident killed seven people and damaged nearby buildings, effectively forcing out the original developer. [more]

Hassan Nemazee and the apartment at 770 Park Avenue

A Park Avenue residence that once served as the home of convicted white collar fraudster Hassan Nemazee has found a buyer after two years on the market, according to property records filed today. The apartment, at 770 Park Avenue, sold for $17.75 million to Marina Shields Purcell, the half-sister of Hollywood actress Brooke Shields, and her husband Thomas Purcell. [more]

From left: Steve Madden, the interior of his home and its exterior

Footwear mogul Steve Madden has listed his Upper East Side single-family townhouse for $8.995 million, the New York Observer reported. Located at 175 East 73rd Street, the home measures 6,040 square feet and stands 20 feet wide. [more]

From left: Harry Macklowe, 737 Park Avenue and Elizabeth Murray

The developers of 737 Park Avenue, a new condo conversion project led by real estate mogul Harry Macklowe, are ending a legal fight with a tenant who they claimed was illegally running a bed and breakfast out of her apartment, The Real Deal has learned. [more]