Commercial landlords lose leverage 12/02/08 The tide is turning in the commercial office market, as a battered financial sector is expected to shift the balance of power away from New York landlords by forcing open millio...
Advocates question Hunter's Point South financing 11/21/08 Mayor Michael Bloomberg's plan to build moderate-income housing in
Hunter's Point South on the East River in western Queens sailed through
the City Council last week without o...
Government briefs 11/03/08 Council wants more Willets Point info
Faced with a Nov. 12 vote to approve the controversial redevelopment of Willets Point, City Council members are complaining that not enoug...
MTA to renovate Jay St. station, office building 10/21/08 The MTA says it plans to invest $106 million in the
rehabilitation of the Jay Street-Borough Hall subway station, and expects to renovate its nearby office building...
DOB releases new crane license requirements 10/07/08 The city's Department of Buildings released new requirements yesterday
for individuals seeking Class C licenses to operate mobile cranes. New
applicants must obtain certificat...
City grants landmark status to five buildings 09/16/08 The city's Landmarks Preservation Commission gave five buildings landmark status today. Among the buildings are the former Wheatsworth Bakery at 444 East 10th Street in the East...
Bronx residents sue landlord for unsafe conditions 09/08/08 Residents at a Bronx apartment building, at 806 East 175th Street, are
suing the building's owners, OCG VII LLC, for its allegedly unsafe
living conditions. Residents of the 4...
Giambi buys two wine cellar units 08/26/08 Yankees slugger Jason Giambi has acquired more than his famous mustache
this year -- he just bought two wine cellar units at his Upper East Side
condominium building. Giambi, ...
Corrections and Clarifications 07/02/08 In the July issue of The Real Deal, the story "Old rivalries get a workout on the diamond" spelled Joseph Isa's name incorrectly.The article "Hamptons eateries not immune" incor...
Surf's up for Swig 06/02/08 Over the last five years, Swig has poured hundreds of millions of his
family's real estate fortune into ...
Class A asking rents show first fall 05/13/08 The average asking rent for Class A office space in Manhattan slipped almost 1 percent to $86.53 per square foot in April, from $87.38 per square foot the month before. This mar...
New terrain forces brokers to adjust 05/01/08 As the national housing slowdown pervades even New York City — a
previously unthinkable prospect — brokers are scrambling for ti...
Residential Deals 04/28/08 Manhattan
Chelsea
$2.75 million
245 Seventh Avenue
2-bedroom, 2.5-bath, 2,258 sf condo in prewar elevator building; 24-hr doorman, concierge; large windows, high ceilings...
Office market explained … and more 04/09/08 1. Office rents are increasing even as vacancies rise, while Class B and C space also see increasing vacancies [NYO] and [NYO]2. Damon Hemmerdinger, owner of the Shops at ...
Bargains in the boroughs … and more 04/07/08 1. Buyers can still find bargains in the boroughs [NYT]2. Planners try to tame New
York City's 5,800 miles of streets, sidewalks and
highways [NYT]3. St. Saviors, the ...
Defaults hit new high … and more 03/07/08 1. Defaults on home mortgages hit a new high last year [NYT]2. More on why CUNY split with Forest City Ratner over its planned
City Tech Tower [Brooklyn Paper]3. A ...