Chang’s stalled hotel near WTC sells for $15M, supply shortage skews NYC commercial sales data … and more

TRD New York /
Feb.February 01, 2012 08:00 AM

1. Sam Chang’s stalled hotel development at 50 Trinity Place trades for $15M [Post, 5th item]
2. Police raid five-story marijuana farm in the Bronx that produced $250,000 worth of drugs a month [NYT]
3. $390M purchase of Moinian and Chetrit’s 530 Fifth Avenue closes [Post, 2nd item]
4. Uneven commercial property sales market can be attributed to lack of supply, Robert Knakal says [NYO]
5. Yesterday’s Case-Shiller drop probably underestimates strength of housing market [WSJ]
6. Advocates want MTA to reactivate LIRR’s northern Rockaway branch to give commuters better access to Aqueduct [NYDN]
7. Archstone’s recently acquired Kips Bay apartment will feature smoke-free units on floors three through seven [Curbed]
8. SiriusXM renewals at 1221 Sixth Avenue and 5 Penn Plaza total 215,000 square feet [Post, 1st item]
9. “Daredevil” photographer takes incredible photos from top of NYC skyscrapers [NYDN]
10. Hoboken denies film permit to “Jersey Shore” spinoff citing “public safety” concerns []
11. DSW will replace Filene’s Basement On Broadway And 79th Street [West Side Rag]
12. Two construction workers injured in Carroll Gardens repairing MTA railway bridge [Post]
13. Barclays Center will host Islanders-Devils pre-season hockey game Oct. 2 [NYT]
14. CafeMom takes 30,000-square-foot old Atari space at 417 Fifth Avenue [Post, 6th item]
15. Brooklyn’s historic Erasmus High School will be preserved for Caribbean-American group [NY1]
16. In addition to SL Green, Boston Properties also posted higher earnings [WSJ]
17. Unsuspecting typing teacher owns eight-building real estate portfolio [Post]
18. Philadelphia law allowing for digital signs along Market Street spurs developer interest [NYT]
19. Municipal Credit Union renews at 22 Cortlandt Street [Post, 4th item]
20. Lehman HS in the Bronx will reopen as new school in September [NYDN]

Related Articles

(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Realogy CEO Ryan Schneider

Realogy boss on cost-cutting, the competitive landscape and what to look for in 2020

Softbank CEO Masayoshi Son and Goldman Sachs CEO David Solomon (Credit: Getty Images)

Goldman Sachs will lead Phase II of SoftBank’s WeWork rescue plan

The Obamas and 79 Turkeyland Cove Road (Credit: Getty Images, Zillow)

Post-presidential pads: After the White House, what comes next?

Former HFZ Capital Group executuve John Simonlaca (Credit: HFZ, iStock)

Meet the HFZ exec accused of taking mob bribes

(Credit: iStock)

Real estate industry decries anti-Semitic remarks recorded at DOB