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Ex-Lehman Execs Unload Their 15 Central Park West Apartment For $32.5 Million
A deal for a four-bedroom apartment at 15 Central Park West has closed for $32.5 million, a 92 percent mark up over its last sales price, The Real Deal has learned.The unit, owned by former Lehman...
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Luxury Condos Have Replaced Co-Ops As New York City's Hottest Buildings
Manhattan’s once-fabled co-op addresses no longer command the biggest sales prices in the city, and have been upended by newer destination condominium addresses, real estate author Michael Gross writes...
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An NYC Law Aimed At Erotic Massage Parlors Is Being Used To Crack Down On...
Massage parlor — the phrase conjures up images of the seediest days of Times Square in the late 1970s, when dozens of locations offered sexual services.Even today, with that concentration thinned out,...
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New York City's Top Real Estate Photographers
In recent years, a new niche industry has exploded within the real estate industry: listing photography. With the advent of digital photography and growing international interest in New York City real...
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Russian Billionaire Sues Over Construction At His Time Warner Center Apartment
A Russian lawmaker and billionaire mogul is suing the Manhattan contractor he alleges overbilled him for work done to his Time Warner Center apartment.Vitaly Malkin is also contending that the firm,...
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Private Equity Giant J. Christopher Flowers Is Selling His Upper East Side...
Having recently forked out $20 million for a second floor-unit at 640 Park Avenue, billionaire private equity mogul J. Christopher Flowers may be trying to balance his books.Flowers, who founded J.C....
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NYC's Union Square Neighborhood Is Getting Two New Hotels
Two new hotels are slated to open this spring in Union Square, though they come as delayed debuts in the wake of Hurricane Sandy, Crain’s reported.One of them is the 113-room, 18-story Jade Hotel,...
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Actress Tatum O'Neal Unloads Her Downtown Condo For $1.72 Million
Actress Tatum O’Neal has sold her condominium unit inside the converted Jewish Daily Forward building at 173 East Broadway for $1.72 million, according to public records filed with the city today. Tim...
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Tom Cruise Sells His East Village Condo For $3 Million
Tom Cruise is in contract to sell his condominium unit at the American Felt Building in the East Village for $3 million, a source familiar with the transaction told The Real Deal today.The 41-unit...
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The Hamptons Summer Rental Crowd Is Looking Farther East
Brokers and landlords hoping to kickstart this season’s leasing activity in the Hamptons are seeing renters showing a preference for spots further east, the New York Post reported.Ernie Cervi,...
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Theory Founder Sells Condo At Trump International For $15.6 Million
Andrew Rosen, the founder of the Theory fashion label, sold his 4,266-square-foot duplex condominium at the Trump International Tower for $15.6 million, according to records filed with the city...
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Brazilian Developer Has Fifth Ave. Residents Steaming Over Proposed Luxury...
On an historic, stately stretch of Fifth Avenue, a proposal by a Brazilian developer for a luxury high-rise is threatening to disrupt the peace.Residents of two Central Park-facing buildings, at 812...
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Urban Outfitters And Anthropologie Could Be Expanding To Williamsburg
In a nod to the area’s growing cachet as a shopping destination, trendy retailer Urban Outfitters and its sister company Anthropologie are in advanced talks to secure spaces in Williamsburg, Crain’s...
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Manhattan's 10 Most Distressed Properties
Real estate investors are complaining that distressed opportunities in Manhattan have become much harder to find in recent months.Of the $29.9 billion in distressed assets identified in Manhattan after...
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Park Avenue Apartment Hits The Market For The First Time In 70 Years With A...
A full-floor apartment at the Rosario Candela-designed 778 Park Avenue has hit the market for the first time in 70 years with an asking price of $22.5 million, according to listings website...
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Chelsea Clinton Buys A $10.5 Million Apartment On Madison Square Park
Former first daughter Chelsea Clinton and her husband have purchased an apartment at The Whitman across from Madison Square Park for $10.5 million, the New York Post reported.The deal for the...
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Wealthy Apartment Buyers In NYC Want To Keep A Low Profile
The wealthy have flocked back to the Manhattan luxury market, spending even more than they did in the pre-crisis highs, but are doing so more discreetly, a new report seen by the Wall Street Journal...
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Brooklyn's Domino Sugar Factory Will Turn Into A Temporary Urban Haven
Two Trees Management’s Jed Walentas is temporarily turning over the Domino Sugar development site in Williamsburg for use as an urban farm, yoga studio, reading room and bicycle course, the Brooklyn...
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Probe Widens Over Hotshot NYC Real Estate Broker Accused Of Being A 'Dual Agent'
Kathryn Korte, the president and CEO of Sotheby’s International Realty, and Ellie Johnson, the manager of the firm’s Upper East Side office, may also face disciplinary action as the result of a state...
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The Luxury Real Estate Market In Downtown Manhattan Is Booming
It’s conventional wisdom that “blue chip” apartments surrounding Central Park command the highest prices in New York City, beating out trendier Downtown towers on a price per square foot basis.For the...
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