NYC Real Estate News

Tue, 10/26/2021 - 18:00

A Lenox Hill co-op unit that once belonged to composer Leonard Bernstein has traded hands for $24 million, down from its list price of $29.5 million. The seller of the penthouse apartment at 895 Park Avenue was the family of Carol Feinberg, an art collector and philanthropist who died last year. Feinberg and her husband, a wine and spirits importer who died in 2002, bought the residence from the Bernsteins in 1974. The buyer is

The post Leonard Bernstein’s “radical chic” penthouse sells for $24M appeared first on The Real Deal New York.

Tue, 10/26/2021 - 17:30

WeLive may not have been a success at 110 Wall Street, but Rudin Management is set to debut a new tenant that might have better luck at its Financial District building. Hospitality platform WhyHotel on Tuesday announced its first New York City property, which is slated to open Nov. 1. The company is launching Front & Wall Street, which will operate under its Hospitality Living umbrella. Despite its name, the living property isn’t only for

The post WhyHotel opening living space at Rudin’s 110 Wall Street appeared first on The Real Deal New York.

Tue, 10/26/2021 - 17:02

Ray and Jack Yadidi are reportedly selling a newly completed Midtown South office building on property they purchased for $9 million in 2014. Jack Ezon and Sion Betesh, the entrepreneurs behind Silver One International and Blue Star Clothing, are purchasing 44 West 37th Street for $49 million, according to Crain’s. The transaction comes seven years after the Yadidis purchased the building through the Sioni Group for $9 million. The developer filed plans in August 2016

The post Yadidis sell Midtown South office building for $49M appeared first on The Real Deal New York.

Tue, 10/26/2021 - 16:45

A month after Mayor Bill de Blasio promised to hold the long-delayed tax lien sale at the end of the year, when he will leave office, Attorney General Letitia James and City Council members are asking that he reverse course. In an email Monday to the mayor, James said she found it “alarming” that the city would move forward with the lien sale, subjecting owners to foreclosure and possibly homelessness during the pandemic, and just

The post Tish James, Council ask mayor to delay lien sale that he just OK’d appeared first on The Real Deal New York.

Tue, 10/26/2021 - 16:06
Industry leaders share what the city can expect when international visitors return in mid-November, live from the Crain's stage

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Tue, 10/26/2021 - 16:03
A diverse collection of lawmakers is competing to succeed Corey Johnson 

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Tue, 10/26/2021 - 15:59
After preparing for the worst, the mayor's team acknowledges it was spared another superstorm

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Tue, 10/26/2021 - 15:45

Bridgit, a construction-tech company looking to modernize workforce management and planning, raised $24 million in a Series B round. Camber Creek and Storm Ventures led the round. Nine Four Ventures, a new investor, also participated, as did previous investors BDC Capital’s Women in Technology Venture Fund, StandUp Ventures, Sands Capital and Vanedge Capital. The company did not offer a specific valuation figure. Toronto-based Bridgit, founded in 2013, will use the funds to further develop its

The post Construction labor management platform Bridgit raises $24M appeared first on The Real Deal New York.

Tue, 10/26/2021 - 15:02
We need to produce more affordable housing, and this bill can help us get there

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Tue, 10/26/2021 - 15:00

Paul Manafort, former President Donald Trump’s disgraced campaign manager, has sold his deteriorating Bridgehampton estate. Manafort sold the 5,700-square-foot home at 174 Jobs Lane and its 2.4 acres of land for just above his $10 million asking price, according to the New York Post. Manafort listed the property a few months ago. Manafort was sentenced in March 2019 to a total of 48 months in prison on charges from special counsel Robert Mueller in Washington,

The post Paul Manafort sells deteriorating Bridgehampton estate above $10M ask appeared first on The Real Deal New York.