NY Times Real Estate News

A publicly subsidized middle-income housing complex on the Lower East Side now tells its poorer neighbors to keep out. [...]
Thu, Jun 22, 2017
Source Residential Real Estate
In Ditmas Park, Brooklyn, Madison and Jason Marks found a home to buy without decamping to the suburbs. [...]
Thu, Jun 22, 2017
Source Residential Real Estate
Second-home sales have slowed slightly in England's Lake District, but prices are still steadily increasing. [...]
Wed, Jun 21, 2017
Source Residential Real Estate
On 34 acres, this property is on the eastern shore of Lake Windermere in northwest England, and has been owned by the same family since 1790. [...]
Wed, Jun 21, 2017
Source Residential Real Estate
A five-bedroom traditional house in Nantucket, a barnlike contemporary in Franklin and a brick townhouse in Chicago. [...]
Wed, Jun 21, 2017
Source Residential Real Estate
A three-story house built in 2000 with five bedrooms and four and a half bathrooms is on the market for $1.495 million. It is in Naushop, a planned residential community on Nantucket. [...]
Wed, Jun 21, 2017
Source Residential Real Estate
Famous for his real estate acumen and for his mountain climbing, Mr. Wang found his position threatened by a rare Chinese hostile takeover attempt. [...]
Wed, Jun 21, 2017
Source Residential Real Estate
This hamlet in northern Westchester County has good schools and a wealth of outdoor activities. [...]
Wed, Jun 21, 2017
Source Residential Real Estate
This hamlet in northern Westchester County has good schools and a wealth of outdoor activities. [...]
Wed, Jun 21, 2017
Source Residential Real Estate
An influx of professionals is bidding on a limited supply of affordable homes in the Washington area, driving up prices. [...]
Wed, Jun 21, 2017
Source Residential Real Estate

Real Deal

ELD Properties' 110-unit “Millennia” breaks ground in New Rochelle By naming their 110-unit New Rochelle building “Millennia,” developer ELD Properties, Inc. doesn't make it too hard to figure out who their target audience is. Featuring a fitness center, shared rooftop patio and flexible office space, the $30 million dollar project, [...]
Thu, Jun 22, 2017
Source Real Deal
According to this week's market reports, rent prices are up in Brooklyn, Manhattan and Queens, but barely. New York is behind Mexico City as the least affordable city on a list of 30 global metros. Manhattan, Brooklyn and Queens rentals | MNS Rental prices inched upwards in all three markets [...]
Thu, Jun 22, 2017
Source Real Deal
The LeFrak Organization plans to convert the former Affinia Dumont hotel into a 260-unit luxury rental building. The developer launched a teaser site for the project — dubbed Murray Hill Marquis — on Thursday, revealing plans for a mix of studio and one-bedroom apartments starting, respectively, at $2,575 per month [...]
Thu, Jun 22, 2017
Source Real Deal
From the South Florida issue: When Robert Given left CBRE to become vice chairman of capital markets at Cushman & Wakefield in South Florida last July, it was the culmination of months of courtship. In October 2015, he and his 11-person multifamily team started getting solicitations from competing brokerages. By [...]
Thu, Jun 22, 2017
Source Real Deal
Douglas Elliman is growing its Brooklyn footprint with the acquisition of Brooklyn Hearth Realty, a brokerage active in Ditmas Park and Park Slope. Brooklyn Hearth Realty, run by brokers Jan Rosenberg, Rebekah Carver and DeAnna Lenhart, has an additional eight agents. All the partners and agents will join Elliman and [...]
Thu, Jun 22, 2017
Source Real Deal
From LLNYC: “That '70s Show” star Topher Grace has listed his crash pad at 59 Bank Street in the West Village for $4.25 million, per city records. [...]
Thu, Jun 22, 2017
Source Real Deal
Since 1995, the J-51 tax abatement has given New York City landlords an extra incentive to update roughed-up residential and commercial properties. But the tax cut, which amounts to $266 million in annual public expenditure, comes with a compromise: Residential units in these buildings are required by law to remain [...]
Thu, Jun 22, 2017
Source Real Deal
From TRD South Florida: Even after President Obama's rapprochement with the Cuban government, U.S. real estate players faced logistical nightmares when trying to do deals in the Caribbean island nation. Now, President Trump's rollback of Obama-era policies has made opportunities for Cuban property plays even more bleak. “I am canceling [...]
Thu, Jun 22, 2017
Source Real Deal
Square Mile Capital Management tapped Craig Solomon as its new CEO while founder Jeff Citrin will step back from day-to-day operations, the real estate investment firm announced Thursday. Solomon and Citrin, who co-founded Square Mile in 2006, serve as joint managing principals. As of July 1, Citrin will be an [...]
Thu, Jun 22, 2017
Source Real Deal
Alex and Steven Forkosh's Forkosh Development Group is putting its newly developed 23-story Murray Hill rental building on the market for $118 million, sources told The Real Deal. The Forkoshes opened the 105-unit, 128,000-square-foot property at 237 East 34th Street in March. The building, known as Society 34, is part [...]
Thu, Jun 22, 2017
Source Real Deal

Curbed NY

Its short list of amenities includes a gas fireplace and those park views Welcome back to The Six-Digit Club, in which we take a look at a newish-to-market listing priced under $1 million, because nice things sometimes come in small packages. Send nominations to the tipline. Hamilton Heights, enclave of lovely [...]
Thu, Jun 22, 2017
Source Curbd NY
There's a lot to gawk over here This sprawling loft-like duplex located within Morgan Studios, a prewar building along East 78th Street, is far from your average Upper East Side apartment. Classic design has been merged with a stunning renovation that has contributed to the unique style of this one-bedroom [...]
Thu, Jun 22, 2017
Source Curbd NY
The administration is looking to reduce the daily prison population by 25 percent over the next five years Earlier this year, Mayor Bill de Blasio revealed that he had had a change of heart regarding Rikers Island, which the New York Times editorial board called a “jail complex synonymous with [...]
Thu, Jun 22, 2017
Source Curbd NY
On the early 1900s ocean liners docking in New York, first- and third-class passengers had a radically different experience Between 1900 and 1914, over 13 million passengers sailed between New York City and Europe carried on ocean liners like Olympic, Lusitania, Mauretania, Aquitania, and Imperator. (Titanic, too, but we [...]
Thu, Jun 22, 2017
Source Curbd NY
Did you guess correctly? Yesterday we challenged you to guess the asking price of this railroad-style apartment in Prospect Heights with a quirky layout. While many of the guess fell within close range, non hit the nail on the head, though stache came the closest with a guess of $780,000. [...]
Thu, Jun 22, 2017
Source Curbd NY
It's located on Fifth Avenue near 124th Street When you think of New York City neighborhoods where a pricey rental property could fetch as much as $20,000/month, Harlem might not necessarily be the first place that comes to mind. But a townhouse rental just north of Marcus Garvey Park has [...]
Thu, Jun 22, 2017
Source Curbd NY
The team behind Whose Your Landlord wants to bring transparency to the renting process Last May, college friends Ofo Ezeugwu and Felix Addison set up a booth during BuildingsNY, an annual conference held at the Javits Center for building owners across the city. The idea was to spread the word [...]
Thu, Jun 22, 2017
Source Curbd NY
The former Affinia Dumont hotel is going residential After launching Ellipse, a very shiny 41-story residential cylinder in Jersey City, LeFrak is back in Manhattan with its latest project: a hotel-to-rental conversion project in Murray Hill, whose teaser website launches today. Called the Murray Hill Marquis, the rentals take the [...]
Thu, Jun 22, 2017
Source Curbd NY
As the old dump is slowly converted into Freshkills Park, several projects are helping bring the natural world back into focus New York City has many strange landscapes laced with forgotten waterways, but one of the most unique is out on Staten Island's Arthur Kill, where the tributaries of Fresh [...]
Thu, Jun 22, 2017
Source Curbd NY
Be neighbors with Jake Gyllenhaal, Meg Ryan, and Justin Timberlake Tribeca's 443 Greenwich Street has become the go-to building for big name celebrities buying downtown. Jake Gyllenhaal, Meg Ryan, Justin Timberlake and Jessica Biel, Harry Styles, and Jennifer Lawrence are just a few names associated with the building that has [...]
Thu, Jun 22, 2017
Source Curbd NY