Cignature Realty Associates has closed a $3.75 million multi-family building deal at 329 West 13th Street in the Meatpacking District. Meanwhile, the Greenwich Club Residences, a condominium conversion project at 88
Greenwich Street and Rector Street, has released the 70 remaining units
on floors three through five while floors one and two contain retail. Prices at the 452-unit converted office building start at $399,000 for studios and $599,000 for one-bedrooms. Sales in the building started in early 2007 and the development is currently 80 percent closed. TRD  Click here for more. [more]

From the November issue: Real estate brokers are often stereotyped as shysters and
double-dealers. But in today’s rocky market, buyers are sometimes the
ones being deceptive.
Edward Longley, an associate broker at City Connections Realty, was
shocked to discover recently that his clients were planning to buy the
88 Greenwich Street condo he had shown them — but without paying
Longley a commission. And real estate agent Carleen McManus arranged
for her client to see a unit at Jersey City’s 77 Hudson before she went
on vacation, only to return and find the client negotiating to buy a
unit there. More and more agents say buyers they have worked with — often for
months at a time — are cutting them out of the deal when it’s time to
pay the commission.