NYC Real Estate News

 Former HFZ Capital Group executive Nir Meir is asking a court to throw out a case seeking to eject him from his Hamptons home. Lawyers tied to Monroe Capital, an HFZ lender, filed a lawsuit in Suffolk County Supreme Court in late December alleging that Meir is illegally occupying the property at 40 Meadow Lane. The suit claims that neither Meir nor his family are allowed to lease or occupy the home. Monroe, which recently

The post Nir Meir seeks to throw out Hamptons ejection suit appeared first on The Real Deal New York.

Exterior work is progressing on 28 & 7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Klövern AB and GDSNY, the structure will yield 105,000 square feet of commercial space leased by CBRE. Triton Construction is the general contractor for the project, which is located at the corner of Seventh Avenue and West 28th Street.

 Last week’s violence at the U.S. Capitol Building has led many banks and corporations to rethink their approach to political donations. Now, some real estate groups are following suit. Using data compiled by the Center for Responsive Politics, an analysis by The Real Deal found that 10 major real estate-related trade groups had contributed in the 2020 election cycle to members of the so-called “sedition caucus” — the 147 Republican lawmakers who objected to Electoral

The post Real estate trade groups reconsider donations after Capitol unrest appeared first on The Real Deal New York.

Two reality shows airing this winter grapple with what to do with our family heirlooms.

As only the third Muslim to serve in the state Assembly—and the first South Asian man elected to any office in New York City—Zohran Mamdami is ready to make an impact. The 29-year-old is riding high...

To view the full story, click the title link.

The Landmarks Preservation Commission (LPC) is currently reviewing updated proposals to construct a new six-story commercial building in Manhattan’s NoHo Historic District. Located at 27 East 4th Street, the existing site is currently occupied by a single-story garage that would be demolished.

The city’s for sale, but who’s laying down millions and buying in? Michael Nierenberg of New Residential Corp. and his wife Elin bought a three-level Greenwich Village penthouse for less than half the seller’s initial ask of nearly $34 million. At Extell Development’s One57 tower, a 58th-floor condo sold for half its prior purchase price — a record resale loss for the project. Other notable deals included Tom Brady and Gisele Bündchen’s sale of their

The post Who’s buying and selling Manhattan homes? Last month’s notable deals appeared first on The Real Deal New York.

Opponents chased Amazon’s proposed second headquarters away from Long Island City, but that hasn’t stopped a wave of new projects from coming to the neighborhood. Of the 10 biggest new building applications filed in December, four were for parcels in the Queens neighborhood. Three of those were for projects linked to the Elghanayan family’s companies, TF Cornerstone and Rockrose. If approved, these three projects would together generate nearly 1,700 residential units. The remaining applications covered

The post The 10 biggest new project filings in NYC appeared first on The Real Deal New York.

Today's housing lottery round-up features two buildings with affordable units on Housing Connect with deadlines closing within the next seven days. Unfortunately, an update to the Housing Connect website this week has apparently left the system rather broken, as it now lists incorrect numbers of units remaining, and the photos and renderings have similarly become defunct, all in the midst of New York City's worst housing crisis since the 1930s.

Permits have been filed for a 13-story hotel building at 144-02 135th Avenue in South Ozone Park, Queens. Located between 143rd Street and 145th Street, the interior lot is adjacent to the John F. Kennedy International Airport. JFK Hotel Partners LLC is listed as the owner behind the applications.