NY Real Estate’s Hottest Trends Transforming Traditions
New York City has always been known for its real estate. Whether going back to the days that it was “purchased” by the Dutch or to more recent times with the construction of the new World Trade Center. But the…
Billionaire Roman Abramovich Offloads Nearly $100M in Manhattan Property to Ex-Wife
Russian-Jewish billionaire Roman Abramovich is handing over quite the property to his wife. She now owns six properties on the Upper East Side, and one group of buildings in particular will soon make way for a mega-mansion project, The New…
Landlords Battling Over Development Group’s Plans to Build LES Megatower
Plans for a megatower on the lower east side are being stymied by landlords who control a small building by a crucial court decision that prevent the tall structure from overlooking the smaller edifice. Gary Spindler and Roy Schoenberg are…
Govt to Seize Manafort’s Hamptons Home & Trump Tower Condo in Plea Deal
On Saturday, prosecutors filed the official papers to allow the federal government to take possession of two of the real estate properties negotiated during Paul Manafort’s plea deal. As per the Real Deal, as early as October 20th, the government…
NYC Artists May Eventually Get Affordable Housing; Roadblocks Persist
New York is a hotbed for artists and all other creative types, but being an artist and being able to still pay the bills can be challenging. It’s not unusual to see artists also working other jobs in order to…
Realtors Ilan Bracha & Haim Binstock Looking to Sell Keller Williams Tribeca Condo for $19.5M
New York real estate investors Ilan Bracha and Haim Binstock are putting the Keller Williams’ Tribeca office condominium on the selling block, according to a report on the Real Deal web site. As co-founders of the franchise, Bracha and Binstock…
Hedge Fund Creates Feud with Trump NY Real Estate Ally
When business is good partners get along fine. It’s when business slows that shareholders blame each other and conflicts ensue. Well, get ready for some feuds. Rising interest rates have been taking their toll on most Real Estate firms, as…
Affordable Brooklyn Apartments a Thing of the Past
The headline read Brooklyn is quickly losing its cheap apartments, but not many readers could remember having seen any cheap apartments at all. Brooklyn has lost more cheap apartments than any other borough over the last decade, according to a…
The Hottest Buildings To Get Excited About In The City
New York is known for being a huge sea of skyscrapers, but stopping to actually look at each one gives the onlooker a chance to really appreciate the varied and world-class architecture in the city. For some lucky people, they…
Brooklyn’s Most Hated Buildings Are New, Sleek High Rises
Why hate a building? Time and time again we are seeing that it’s not the old decrepit buildings that aggravate and rile up the masses. Rather it’s the new shiny high rise buildings, which threaten to bring about change, that…
One Dag Hammarskjold Plaza to Be Sold for $600 Million
The 49-story office tower at One Dag Hammarskjöld Plaza, is poised to be sold for almost $600 million, according to The New York Post. Rockpoint Group, a Boston-based company that owns Starrett City, is in contract to buy the tower,…
Hudson Yards May Be Most Valuable Park Real Estate
New York wants to throw in an additional $374 million in order to bolster and add to a green space that’s located near Hudson Yards, the megaproject on the western fringes of midtown and right on top of rail tracks….
5WPR Owner Ronn Torossian Pays a Cool $16.9M for Swanky Pad at 520 Park Ave
Seems that public relations titan Ronn Torossian has his eye on some swanky digs on New York City’s upper east side. The New York Post has reported that the founder of owner of the 5WPR Public Relations company has just…
New Inwood Apartments Popping Up Thanks to Rezoning
Inwood has seen a surge in developments, and one more prime example is coming in the form of a 30-story building that just underwent a rezoning that took into consideration the increase in the area’s density, though the topic has…
Trinity NYC Hotel Claims Extortion Over 28-Story Project
There are some wild developments happening downtown as a downtown hotel thinks its neighbor is trying to shake it down by extorting it. The developer says that the extortion is trying to get them to pay out hundreds of thousands…