NYC Real Estate News

Sat, 03/23/2019 - 07:30
Construction is well underway on a four-story mixed-use building at 503 Evergreen Avenue in Bushwick, Brooklyn. The rising structure will comprise just over 9,000 square feet and top off at a modest 55 feet above ground.
Sat, 03/23/2019 - 07:00
Permits have been filed for a four-story mixed-use building at 108-63 Roosevelt Avenue in Corona, Queens. Located between 108 Street and 111 Street, the interior lot is two blocks from the 103 St-Corona Plaza subway station, serviced by the 7 train. John Po Sheng Hsu is listed as the owner behind the applications.
Sat, 03/23/2019 - 06:30
Permits have been filed for a five-story apartment building at 443 Vanderbilt Avenue in Clinton Hill, Brooklyn. Located between Gates Avenue and Greene Avenue, the through lot is close to the Clinton-Washington Avenue subway station, serviced by the C train. Pinny Loketch of the Loketch Group is listed as the owner behind the applications.
Fri, 03/22/2019 - 18:00
Eri Kroh, a commercial real estate developer, didn’t know what he was about to get into when an agent took him “just to look at” a 30-acre plot of land in Bel Air 15 years ago. Initially eyed as a business opportunity, Kroh began envisioning the dirt, for which he paid $6 million, as the setting for his family’s dream home. Blueprints were even drawn up, with the names of his children written in their […]
Fri, 03/22/2019 - 17:45
Steiner NYC has sold a majority stake in the Hub, its 55-story Downtown Brooklyn rental tower. The sale of the stake coincided with a $330 million refinancing of the property at 333 Schermerhorn Street, one of the borough’s tallest residential buildings, according to the developer. “Simultaneous to our closing, we took some money off the table and brought in the bluest of blue-chip institutions as a partner, which is a great outcome for everyone,” chairman […]
Fri, 03/22/2019 - 16:41
In New York City’s residential real estate world this week, the British consulate dropped nearly $16 million on a Manhattan penthouse, and a townhouse formerly owned by Malcolm Forbes is reportedly in contract for $20 million. Here are some other noteworthy deals that hit public records. Source: A TRD review of public records filed with the New York City Department of Finance from March 18 to March 22. 1. A townhouse at 135 West 11th […]
Fri, 03/22/2019 - 16:00
A health care company based in St. Louis is about to be Savanna’s savior. Centene Corporation is negotiating a deal to lease up to 500,000 square feet at Savanna’s One Court Square in Long Island City, according to Crain’s. Amazon had previously committed to leasing about 1 million square feet of space in the tower but cancelled the deal when it abruptly pulled out of its plans to bring its second headquarters to New York […]
Fri, 03/22/2019 - 15:52
Tech has tipped the scales against low-wage employees, according to a new report by a labor-backed group.The Restaurants Opportunities Centers United dropped a study Friday alleging that online...

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Fri, 03/22/2019 - 15:50
Gov. Andrew Cuomo went on perhaps his harshest and strangest tirade yet against fellow Democrats who opposed the deal to bring Amazon to Queens—even accusing the state Senate of "corruption." The...

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Fri, 03/22/2019 - 15:30
Chicago’s housing market cooldown in the second half of 2018 required some difficult conversations between brokers and their home-selling clients. That left agent Jennifer Ames sounding like a doctor delivering bad news. “I don’t say, ‘Take two aspirin and call me in the morning,’” said Ames, one of the city’s top producing agents. “You have to be the professional in the room and tell them the truth, not what they want to hear.” After a […]