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The Real Deal New York
The Circle of Life: Lenox Hill co-op passes from one hedge funder to another
January 15, 2019 07:30AM
UPDATED, Tuesday, Jan. 15 at 9:58 a.m.: The keys are changing hands, but the owners are still hedge funders. Marc Lasry, the billionaire co-founder of...
Fading beauty? In a sea of new dev, UES
co-ops have fewer takers
January 09, 2019 07:00AM
Upper East Side co-ops have long been part of a prestigious and exclusive club — with their prime location and often stringent board approvals....
City reaches deal to preserve affordable units at 1K-unit LES co-op
June 08, 2018 09:30AM
The city has reached a deal to keep Masaryk Towers, a Lower East Side co-op with more than 1,000 units, affordable and in the...
Keeping up appearances: Co-op boards are using this trick to beef up comps
May 09, 2018 08:30AM
When a co-op on the 34th floor of a ritzy Upper East Side building sold last year, the price was recorded as $3 million....
US diplomat buys $12M UES co-op from McGraw-Hill scion
March 28, 2018 06:00PM
David Fischer, auto dealer and U.S. ambassador to Morocco, has plunked down $12 million for a pad at 825 Fifth Avenue. The seller was...
Phil Jackson’s fadeaway: NBA legend sells 57th St. apartment for $5M
February 08, 2018 05:10PM
Phil Jackson won 11 NBA championships implementing the triangle offense, but he can thank a square for his latest score. The legendary basketball coach...
Co-op market sets 28-year record as inventory falls
October 03, 2017 07:00AM
Attention real estate soothsayers: it might be time to stop prophesying the death of the co-op. The median sales price of a Manhattan co-op...
Socialite slashes $10M off price for UES
co-op, swaps brokers
September 12, 2017 10:16AM
Socialite Shafi Roepers is finally getting serious about selling her pricey Fifth Avenue co-op. It’s now on the market with a $10 million price...
The Upper East Side’s co-op conundrum
September 05, 2017 07:00AM
When ex-hedge fund manager David Ganek and his novelist wife, Danielle, listed their duplex at the fabled Upper East Side co-op building 740 Park...
“I can feel the burn on my cheek from the slap on the face”: Buyers sound off on co-op rejections
July 21, 2017 11:42AM
Even with a cooling market, some co-op boards haven’t eased up on demands they make of potential buyers. It’s unclear how many applications are...
Owner of 740 Park duplex slashes asking price to $22M
July 13, 2017 10:25AM
In a sign of just how soft the market’s become for luxury co-ops, the owner of a duplex at 740 Park Avenue is now...
Beer heir snags UES co-op for $55M
May 11, 2017 06:50PM
Colombian financier and beer heir Carlos Alejandro Pérez Dávila has picked up the late art collector Robert Ellsworth’s sprawling Upper East Side co-op for...
Greta Garbo’s “cinematic” co-op asks $5.95M
March 24, 2017 08:45AM
Legendary actress Greta Garbo may have died in 1990, but the agents looking to sell her Upper East Side apartment are betting that her...
Different generations of co-op owners are at odds over upgrades, fees
October 28, 2016 12:44PM
New York City co-op residents are increasingly butting heads over whether or not shelling out cash for revamps and improvements is worth it.
Simon Baron, Quadrum co-op aiming for $205M sellout
July 07, 2016 07:30AM
A planned Upper West Side co-op from Simon Baron Development and Quadrum Global can officially launch sales, New York State Attorney General records show....
Condopsy: The death of the New York co-op
May 16, 2016 07:00AM
Ariel Stulberg and Will Parker
In 1882, the developers of the Rembrandt declared they were seeking “people of means and good social standing,” as owners. The building, at 152...
Once-“King of Wall Street” John Gutfreund’s 20-room co-op lists for $120M
April 26, 2016 03:08PM
The sprawling Fifth Avenue co-op owned for decades by recently-deceased, one-time Wall Street titan John Gutfreund is hitting the market, at a price fit for a...
How NYC accidentally gave away $10M in tax breaks: VIDEO
February 03, 2016 05:55PM
A recent audit by city Comptroller Scott Stringer showed that over the course of four years, the city’s Finance Department improperly allocated more than $10 million in tax breaks...
L3 buys Soho resi co-op for $42M, plans office conversion
February 01, 2016 05:50PM
In 2014, the owners of co-op units at a Soho apartment building decided to join forces to sell their homes. Now, L3 Capital, a...
First step to selling an apartment: Get a staging company to change everything
January 22, 2016 12:17PM
Home staging companies have stepped up their game.
Halstead’s Barak Dunayer jumps to Jacky Teplitzky’s team at Elliman
“Selling a dream”: A wave of land listings marks shift in LA luxury resi market
These are some of the most notable resi sales of the week
Lower East Side residents sue city to stop controversial Two Bridges development
New York’s multifamily market got off to a slow start this year
February 2019 issue
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