NYC Real Estate News

Wed, 12/11/2019 - 11:15
Images by Tory Williams; courtesy of The Wing The Wing is celebrating the end of a busy year with the opening of its newest NYC location in Bryant Park at 25 West 39th Street. As we’ve come to expect from the women-only co-working and community space, the design is warm, inviting, and highly Instagrammable. It occupies roughly 7,000 square feet—the entire 11th floor of the building—with a range of workspaces, personal areas, a mother’s room, a full-service cafe, and more. The design of each location is done in-house by The Wing’s design team. Each club draws some inspiration from the aesthetic of […]
Wed, 12/11/2019 - 11:14
Harvey Weinstein’s bail was increased from $1 million to $5 million on Wednesday over allegations he violated bail conditions by mishandling his electronic ankle monitor. But Judge James Burke...

To view the full story, click the title link.
Wed, 12/11/2019 - 11:08
Broadstone Net Lease Inc. is eyeing a 2020 initial public offering in what could be one of the real estate sector’s biggest listings since WeWork’s botched effort this summer. The private real...

To view the full story, click the title link.
Wed, 12/11/2019 - 11:00

Square Mile Capital Management has provided a $180 million construction loan to the developer behind a planned 29-story tower in Brooklyn. The financing will allow Manhattan-based Hope Street Capital to complete a planned 280,000-square-foot property at 550 Clinton Avenue in Clinton Hill. The project will include 284 residential units, 60,000 square feet of retail space and an outdoor pool, according to the Commercial Observer. The landlord’s design won approval from New York’s Landmarks Preservation Committee

The post Square Mile Capital provides $180M loan for Brooklyn tower appeared first on The Real Deal New York.

Wed, 12/11/2019 - 10:39
Photo of One Vanderbilt on December 11, 2019 © 6sqft After attending a presentation by One Vanderbilt‘s developer SL Green, the Post was able to share some juicy new details on the office building’s observation deck, which will be the fourth-highest outdoor deck in the city and is being designed by Snøhetta. Now known as the Summit, the 59th-floor deck will have “two step-out, glass floor ledges that overhang Madison Avenue.” Also on this floor will be food and beverage options, and on the floor below will be an “‘infinity room’ with 40-foot-high ceilings.” The building is set to open […]
Wed, 12/11/2019 - 10:30

Aurora Capital Associates has an idea to drive more shoppers to the Meatpacking District — literally. And there’s a twist. The real estate investment firm is exploring how the district could reimburse shoppers’ rideshare if they spend a certain amount of money. It’s a modern version of the old practice of reimbursing parking-garage fees based on mall receipts, with a new element: data-sharing. The neighborhood’s Business Improvement District, property owners and perhaps a corporate sponsor

The post Aurora Capital pitches free rides for Meatpacking shoppers appeared first on The Real Deal New York.

Wed, 12/11/2019 - 09:50
Bit by bit, New York is looking to enlarge its regulatory system for cryptocurrency. The state's top financial overseer Linda Lacewell unveiled new proposed regulations on Bitcoin and other virtual...

To view the full story, click the title link.
Wed, 12/11/2019 - 09:45
Image by Pexels from Pixabay The New York City Council approved on Tuesday a bill requiring new buildings to be constructed with bird-friendly materials. Considered the most extensive policy of its kind in the country, the initiative mandates new glass buildings, as well as projects undergoing a major renovation, to be equipped with materials that are easier for birds to see. Each year, between roughly 90,000 and 230,000 birds die each year in New York City from colliding with glass buildings, according to the NYC Audubon.  The bill, set to take effect one year after it becomes law, requires 90 percent of […]