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06/11/18
To keep their edge in the rapidly evolving East End real estate market, ...
06/11/18
UPDATED June 13, 12:12 p.m. The past year was a slower one for the East End housing market, but as usual, that didn’t stop some well-heeled buyers from shelling out for a number of pricey homes. From a sprawling estate owned by a fashion designer to the house where Jackie Kennedy summered as a child, a handful of historic and...
06/01/18
The Manhattan condo market is starting to feel like the beauty counter in a fancy department store — with everyone from perfume spritzers to makeup artists vying for buyers’ attention. “It almost feels like you’re taking a client to the Bloomingdale’s cosmetic counter,” said Douglas Elliman broker Carol Staab, who works in the luxury space, referring to the hard sell...
06/01/18
New York’s residential market was something of a puzzle in 2017 — with exuberant buyers dropping eight-figure sums at 432 Park Avenue one minute, and price-conscious shoppers sitting...
06/01/18
New York City’s major real estate lenders have headed west, where builders with completed and under-construction projects alike are scoring 10-figure sums. In April, there were two loans of more than $1 billion recorded in Hudson Yards. Altogether, the 10 largest financings in Manhattan that month totaled $4.2 billion. See the full list below: 1) A different kind of debt...
05/21/18
Sales of retail properties may be down compared to last year, but executives at the country’s top brokerages remained characteristically upbeat, ...
05/14/18
April’s top 10 retail leasing deals more than doubled March’s in terms of square footage. The 10 biggest retail lease deals signed last month totaled nearly 313,900 square feet, up by about 185,100 square feet from last month’s total of 128,800 square feet. The largest retail lease in March was inked in Hell’s Kitchen. 1) Glasshouses, 660 12th Avenue, Hell’s...
05/01/18
One57, the first of the glassy giants to rise on 57th Street, wasn’t Lendlease’s key to Billionaire’s Row — it was a 60-story residential project on West...
04/06/18
Brookland is all over Brooklyn. The development company Brookland Capital topped an analysis by The Real Deal of firms with the most projects in the borough at 37, spread out in neighborhoods ranging from Prospect Heights to Ocean Hill. The properties span about 437,000 square feet overall. This was not large enough to crack the top 10 companies on TRD’s...
04/01/18
When News Corp and 21st Century Fox expanded their Midtown office footprints to a combined 1.2 million square feet...
03/29/18
Trendy Brooklyn neighborhoods like Dumbo and Williamsburg are still seeing plenty of new projects, but as the borough’s explosive popularity continues, its most active developers are coming to less heralded neighborhoods as well, ranging from East New York to Flatbush. Two Trees Development and the Chetrit Group took the top two spots, respectively, for Brooklyn’s most active developers, according to...
03/19/18
Large loan origination in the outer boroughs slowed down slightly in February. While January saw two loans for $300 million or more and the overall top 10 financings of the month had a value of more than $1.3 billion, no loan topped $250 million in February, and the top 10 financings totaled $1.1 billion. The largest deal of the month...
03/15/18
New York’s skyline has been filling up with one tower after another, and many of these projects are being designed by the top architecture firms in the city. Who are they, and what are they designing? Here’s a look at their largest projects. 1) SLCE Architects | Arquitectonica Project: 606 West Location: 606 West 57th Street Size: 998,526 square feet The largest project...
03/09/18
Some real estate agencies just aren’t feeling the Brooklyn boom. By examining data from the Department of State’s Division of Licensing Services, The Real Deal was able to determine which residential brokerages saw the steepest decline in agent count between June 14, 2016 and Feb. 20 of this year. (TRD recently used the same data to determine which firms had...
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