The Real Deal New York

American Tower now a REIT, NYC’s priciest one-bed is $35K per month … and more

January 03, 2012 05:00PM

1. American Tower Corp. has become a REIT [CBS]
2. Brooklyn Navy Yards raises $40M in financing for rehab through federal green card program [Crain’s]
3. Jehovah’s Witnesses sell first Downtown Brooklyn building for $7.1M [Crain’s]
4. Canal Street bank building sells for $36M, will become hotel [IB Times]
5. Survivalist Adirondacks home featuring an underground silo hits the market [BuzzFeed]
6. A Parisian graphic designer boils down the differences between New York and Paris [Cool Hunting]
7. $35K per month for this “bland” one-bedroom rental, Manhattan’s priciest [Curbed]
8. Construction kickstarted for Orchard Street hotel [Bowery Boogie]