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The Real Deal New York
Plans filed for “upscale religious housing” at former Pfizer site
March 24, 2017 03:00PM
Developer Abraham Brach and Parkview Management plan to build a mixed-use apartment building at Pfizer’s former site on Gerry Street in South Williamsburg, according...
Barry Diller’s Pier 55 hits roadblock in latest court ruling
March 24, 2017 11:30AM
UPDATED, Friday, March 24, 2:15 p.m: The development of Pier 55 was dealt a major setback Thursday, with a United States District Court judge...
talks 666 Fifth/Anbang deal with WNYC
March 24, 2017 09:31AM
Anbang Insurance Group’s rumored investment in Kushner Companies’ 666 Fifth Avenue is far from a done deal, and the astronomical numbers — a $4...
Real estate’s red tape nightmare
March 24, 2017 07:30AM
From the March issue: It was the spring of 2015, and New York City developers were madly rushing to get their residential projects approved before...
Alan Bell, L+M land $61.8M public financing for Kingsbridge housing development
March 23, 2017 04:15PM
Alan Bell’s B&B Urban and L+M Development Partners secured $61.8 million in funding for their Bronx supportive housing project at 2700 Jerome Avenue through...
Community board OKs AvalonBay’s East Harlem rental project
March 23, 2017 03:42PM
Manhattan Community Board 11 approved AvalonBay Communities’ proposed 1,100-unit rental tower in East Harlem this week. The real estate investment trust wants to build a...
The condos are coming: Fortis testing the market for 173 units at LICH site
March 23, 2017 11:40AM
Fortis Property Group is testing the market for condominiums in three planned buildings at the former Long Island College Hospital site in Cobble Hill,...
Lightstone secures $85M construction loan for Yorkville condo project
March 23, 2017 10:10AM
David Lichtenstein’s Lightstone Group locked down an $85.3 million construction loan for its condominium development at 40 East End Avenue on the Upper East...
At 666 Fifth, loan fees are piling up
March 22, 2017 06:25PM
Kushner Companies’ 666 Fifth Avenue has been losing money for three years now, as about 30 percent of its 1.4 million square feet of office...
Tessler gets $164M condo inventory loan at 172 Madison
March 22, 2017 04:55PM
Yitzchak Tessler’s Tessler Developments closed on a $164.3 million condominium inventory loan for its project at 172 Madison Avenue, property records show. The lenders on...
Meatpacking District projects advance amid Landmarks approvals
March 22, 2017 03:26PM
Despite forceful opposition from preservationists, two major developments in the Gansevoort Market Historic District are moving forward. The Landmarks Preservation Commission earlier this month...
Stagg Group files plans for 120-unit Bronx building
March 22, 2017 01:45PM
Ben St. Clair
The Stagg Group , one of the Bronx’s most active developers, on Wednesday filed plans for a six-story, mixed-used building in the Kingsbridge neighborhood. The...
Here’s what the $10M-$20M NYC investment sales market looked like last week
March 21, 2017 05:05PM
In the world of mid-market New York City investment sales this week, we highlight a few closings that went through only after bigger deals...
Tahl Propp to convert 1325 and 1330 Fifth Avenue into $159M condo
March 21, 2017 11:45AM
Tahl Propp Equities plans to convert two rent-stabilized Harlem buildings near Central Park to condominiums, filings with the New York State Attorney General’s Office...
Officials want the developers of waterfront megatowers in Two Bridges to slow down
March 21, 2017 09:50AM
City and state officials are calling on JDS Development, Starrett Development and Two Bridges Associates (a partnership between L+M Development Partners and the CIM...
Pier 17 on track to open in 2018
March 21, 2017 09:15AM
After falling slightly behind schedule, the South Street Seaport’s Pier 17 is slated to open in the summer of 2018. The 300,000-square-foot mall, rebuilt...
Son vs. father: Richard Ohebshalom sues Fred over 111 Washington deal
March 17, 2017 01:56PM
The saga of 111 Washington Street now includes a bitter lawsuit between father and son. For years, plans to develop the large Financial District...
LIC and Flushing are hot for condo development
March 17, 2017 01:35PM
The condominium supply in Queens received a boost in the beginning of 2017, with January and February both surpassing the 2016 average of 63...
Erik Ekstein ups 30 East 31st Street sellout to $151M
March 17, 2017 11:35AM
Developer Erik Ekstein is going all-in on his new luxury condominium at 30 East 31st Street, filing with the New York State Attorney General’s...
Abro Management buys two Brighton Beach rentals from Hudson Companies for $47M
March 17, 2017 10:40AM
Richard Scharf’s Abro Management nabbed two adjacent Brighton Beach rental buildings from the Hudson Companies for $46.9 million, sources told The Real Deal. Abro,...
WATCH: 4 things real estate investors are tracking in 2017
March 2017 issue
Madison Equities alleges PMG’s “gross mismanagement” at 10 Sullivan caused $30M loss
Son, what have you done:
Richard Ohebshalom files another suit against Fred
HK Organization pulls off $60M refi of Brooklyn rental
The sit-down: Extell’s Gary Barnett on One Manhattan Square, financing megaprojects and “pedestrian” BK towers
Madison’s Gladstone files $100M libel suit against Town’s Heiberger
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