NY Times Real Estate News

Officials appear to be warming to the idea of imposing the country's first national tax on homes to cool a market subject to wild booms and busts. [...]
Mon, Jan 22, 2018
Source Residential Real Estate
A musician who has lived with no heat or hot water and in places where animals scrabbled in the walls is glad to have a cozy room and four roommates. [...]
Mon, Jan 22, 2018
Source Residential Real Estate
Recent residential sales in New York City and the region. [...]
Sun, Jan 21, 2018
Source Residential Real Estate
If the radiator hisses so loudly you can't sleep, does the landlord have to fix it? [...]
Sat, Jan 20, 2018
Source Residential Real Estate
A small movement with an ungainly name, cohousing, is appealing to more people of retirement age — and younger — who no longer want to be isolated. [...]
Sat, Jan 20, 2018
Source Residential Real Estate
Posting a bad review is one thing, but what if a host calls you a bad guest? Would that make you crazy or push you to be a better version of yourself? [...]
Fri, Jan 19, 2018
Source Residential Real Estate
More than half of the day care centers in New York City are home-based, which means toddlers often get dropped off in residential buildings. [...]
Fri, Jan 19, 2018
Source Residential Real Estate
The developers of the new Trump Towers outside New Delhi promise the first 100 buyers a meeting with Donald Trump Jr. They got 20 to sign on the first day. [...]
Fri, Jan 19, 2018
Source Residential Real Estate
The city received a record number of complaints about heat from renters during the first week of January, most of them from areas with lower rents. [...]
Thu, Jan 18, 2018
Source Residential Real Estate
This week's listings are in Williamsburg, Brooklyn, Midtown East, and Chelsea. [...]
Thu, Jan 18, 2018
Source Residential Real Estate

Real Deal

Yoel Goldman's All Year Management is looking to refinance its massive Bushwick development at the former Rheingold Brewery site with debt issued in Tel Aviv. The Brooklyn-based developer plans to offer up to $200 million in bonds secured by a senior mortgage on the first phase of the rental complex, [...]
Mon, Jan 22, 2018
Source Real Deal
Porven Real Estate, a New Jersey-based company, has spent $42.5 million to buy 204 Fifth Avenue from Artemis Partners, according to property records filed Monday. The 14,538-square-foot office property stands four stories tall across from Madison Square Park in the Garment District and is a Beaux-Arts commercial building. It was [...]
Mon, Jan 22, 2018
Source Real Deal
After nearly 20 years of screening independent and foreign films, Sunshine Cinema has closed its doors. The Lower East Side theater's new owners, K Property Group and East End Capital, plan to demolish the building to make way for boutique office space. Sunshine screened its last movies on Sunday, the [...]
Mon, Jan 22, 2018
Source Real Deal
An alley famous for being the last dirt road in Manhattan is at the center of a legal dispute between Midas Management and Itzhaki Acquisitions. The street, called Broadway Alley, is co-owned by Itzhaki and Continental Ventures, which are building an adjacent 34-story rental tower at 368 Third Avenue, and [...]
Mon, Jan 22, 2018
Source Real Deal
In the world of mid-market New York City investment sales last week, Cadre bought three Bronx parking facilities and The Orbach Group sold another Manhattan property. 1.) The Orbach Group continues to cash out of Manhattan. The firm sold a six-story apartment building in Manhattan Valley for $12 million. The [...]
Mon, Jan 22, 2018
Source Real Deal
Though widely believed to still be seeking $150 million through an immigrant visa program for its Jersey City skyscraper project, Kushner Companies ceased raising money through the EB-5 visa program eight months ago, according to multiple people familiar with the decision at the time. The company was sharply criticized in [...]
Mon, Jan 22, 2018
Source Real Deal
From the Westchester & Fairfield Market Report: The industrial market has never been the sexiest of sectors, but as demand across the country has heated up the past couple of years, the industry's interest has been piqued. While many industrial tenants have long looked outside New York City for cheaper [...]
Mon, Jan 22, 2018
Source Real Deal
From TRD Miami: The homebuilding market is stronger than ever, but not everyone is bullish. Montana-based money manager James Stack, who predicted the last recession in 2005, told Bloomberg the U.S. may be riding high on another bubble. As key indicators that the market could topple, Stack pointed to Fed [...]
Mon, Jan 22, 2018
Source Real Deal
It's almost here! The Real Deal's highly anticipated annual Data Book will be arriving with our February 2018 issue. The 2018 Data Book is an essential compendium of last year's real estate rankings, record-setting figures and statistics, written for industry insiders. TRD's real estate almanac spans the residential, development and [...]
Mon, Jan 22, 2018
Source Real Deal
Another trophy property, another refinancing for RXR Realty. Scott Rechler's firm just scored a $285 million loan from German lender DekaBank for 1330 Sixth Avenue, according to the Commercial Observer. The debt includes a new $97 million mortgage consolidated with an existing loan from the New York Community Bank. In [...]
Mon, Jan 22, 2018
Source Real Deal

Curbed NY

The plan has been sent back to the drawing board several times Seven months after the Landmarks Preservation Commission decided to take no action on the proposed new buildings at 312-322 Canal Street, a revised proposal for the project is due to be presented before the LPC at tomorrow's meeting. [...]
Mon, Jan 22, 2018
Source Curbd NY
The duplex penthouse and the building's lobby were designed by the Pritzker Prize-winning architect A six-story building in Soho that features a lobby and penthouse designed by Pritzker Prize-winning architect, Tadao Ando, is now on the market for $25 million. Cushman & Wakefield listed the building, which is located at [...]
Mon, Jan 22, 2018
Source Curbd NY
Look out for magazine covers-turned-posters by Yoko Ono, Barbara Kruger, and more In honor of New York Magazine's 50th anniversary, the publication is launching a year-long exhibit showcasing specially-designed New York covers by 50 renowned artists, called simply “A Public Art Project.” Today, the first eight covers—created by Yoko Ono, [...]
Mon, Jan 22, 2018
Source Curbd NY
Eventually this building will stand eight stories tall and bring new offices, retail, and light manufacturing to the neighborhood The massive office complex rising at 25 Kent Avenue, in Williamsburg, is now several stories above ground, new construction site photos by Field Condition reveal. Eventually, this building will stand eight [...]
Mon, Jan 22, 2018
Source Curbd NY
The 55-story condo building is scheduled to open later this year About six months after we got a first look at the interiors of Rafael Viñoly's Nomad building, we now have renderings of the condo building's two-level amenity spaces. The exhaustive list of amenities at 277 Fifth Avenue includes a [...]
Mon, Jan 22, 2018
Source Curbd NY
When Israeli designer Elie Tahari snagged a two-bedroom penthouse atop a midcentury condo building on Fifth Avenue in 2011, he had big plans: Tahari already owned the penthouse next door (which he bought decades ago for a mere $325,000), and he wanted to plop an addition on those two apartments, [...]
Mon, Jan 22, 2018
Source Curbd NY
The limestone and terra cotta mansion first came on the market in March 2017 for $5.5 million Hamilton Heights's glorious corner mansion on Hamilton Terrace is now in contract, less than a year after it first went on the market. The news emerged in Olshan Realty's latest luxury market report, [...]
Mon, Jan 22, 2018
Source Curbd NY
The much-heralded open-gangway subway cars are part of this order The MTA is very close to signing a deal that will thoroughly modernize its aging fleet of subway cars, part of the ongoing headache for the agency. Though the agency's board has yet to approve the deal, the MTA is [...]
Mon, Jan 22, 2018
Source Curbd NY
The former manufacturing building was originally built in 1857 The West Village is full of more than 100-year-old buildings that have since been transformed into modern, incredibly posh residences, and this particular home—located at 53 Downing Street, and asking a whopping $23 million—is no different. It doesn't have celebrity pedigree [...]
Mon, Jan 22, 2018
Source Curbd NY
These 20+ skyscrapers will forever alter the New York City skyline When it comes to new developments in New York City, the supertall tower is clearly king: many of the city's most high-profile developments, from One World Trade Center to Central Park Tower, all exceed the 984-foot limit that takes [...]
Mon, Jan 22, 2018
Source Curbd NY