The Real Deal New York

Former Tishman Speyer execs pay $31M for Village retail, city politicians push to close infamous uptown hotel … and more

March 05, 2012 08:00AM

1. Two former Tishman Speyer execs buy 156-158 Bleecker retail for $30.6M [WSJ, 1st item]
2. City officials push to close West 94th Street hotel made famous by ex-Gov. Paterson [NYDN]
3. It’s a risky maneuver but U.S. investors are reaping big profits buying liens on homes with overdue property taxes [CNN]
4. Young commercial brokers still rely on cold calling, but benefit from new technology like LinkedIn [WSJ]
5. Toll Brothers’ 1450 Washington Street condo in Hoboken has lured 35 buyers in 2012 [NYDN]
6. Tenant of UWS landlord challenging rent stabilization works as executive recruiter, has Southampton home, traces roots to original New World settlers [WSJ]
7. Air rights are crucial component of Manhattan property sales, can go for as much as $400 per square foot [NY1]
8. Citi Field revenues have dropped 30 percent since 2009 [Post]
9. To lure large tenant, 469 Seventh Avenue promises private entrance and elevator [WSJ, 2nd item]
10. Miron Properties opens East 10th Street office, replacing 123 Third Avenue sales office [EV Grieve]
11. Maryland couple has lived in $1.29M home for five years without paying off any mortgage debt [Washington Post]
12. Seven-figure Barclays Arena marketing campaign goes “Beyond basketball,” highlights Brooklyn [Post]
13. Despite REBNY’s claim to the contrary, LPC designation of Brooklyn Skyscraper District will help property values in the long run [WSJ]