NYC Real Estate News

Tue, 12/05/2023 - 15:58
The December holidays beckon, and it’s time to decorate. Follow along at home as Jung Lee, an event designer, takes you through the steps of turning a prefabricated wreath into a custom piece that shows off your personality.
Tue, 12/05/2023 - 15:30

Apartment rents across Southern California are expected to rise up to 4 percent through 2025, according to a new study. Rents are projected to rise between 2 and 4 percent across the six-county region, according to the Orange County Register, citing a University of Southern California report. The university’s Casden Multifamily Forecast predicted below-average rent […]

The post Apartment rents expected to rise up to 4% through 2025 across SoCal appeared first on The Real Deal.

Tue, 12/05/2023 - 15:26

Jim Whelan wants to return to government someday. Not today, though — because it’s driving him mad. At a Crain’s breakfast Tuesday morning, the Real Estate Board of New York president made clear in his remarks that he aims to eventually work for a public official again, but not one like the current crop of […]

The post Jim Whelan eyes return to government — but not while it makes him nuts appeared first on The Real Deal.

Tue, 12/05/2023 - 15:03

Coastal Partners has purchased the Institute Place Lofts office building in Chicago’s River North neighborhood for $17 million.  The transaction amounts to a big loss for seller KBS Growth & Income REIT, which acquired the seven-story building, at 213 West Institute Place, for $43.5 million in 2017, CoStar reported. Cushman & Wakefield brokers Tom Sitz […]

The post Coastal Partners buys River North building from KBS for $17M appeared first on The Real Deal.

Tue, 12/05/2023 - 15:00

A labor union has appealed an approved project by Prometheus Real Estate Group to build 225 apartments in Sunnyvale. Laborers’ International Union of North America has appealed development permits handed to the San Mateo-based developer for its eight-story complex at 1150-1170 Kifer Road, citing health concerns and a need for more environmental review, the Silicon […]

The post Labor union challenges Prometheus apartment project in Sunnyvale appeared first on The Real Deal.

Tue, 12/05/2023 - 14:45

“Chef’s kitchen” is a common term when it comes to residential listings, but the current owner of this Gramercy co-op at 201 East 21st Street, former James Beard Foundation Chief Strategy Officer and (current) culinary consultant Mitchell Davis, has entertained some of the world’s greatest chefs in his kitchen. Asking $3,295,000, the three-bedroom post-war penthouse [...]

The post James Beard Foundation foodie’s Gramercy penthouse with twin terraces asks $3.3M first appeared on 6sqft.

Tue, 12/05/2023 - 14:35

A trio of investors, including a parking executive entangled in a 2018 Miami fraud case, paid a combined $21 million for a waterfront boat sales and repair facility and a development site near the beach in Fort Lauderdale. An entity managed by Andrew Beachler, president of Miami-based Beachler Capital Corp., acquired the Marina Mar Building […]

The post Investors pay $21M for Fort Lauderdale boat facility and dev site appeared first on The Real Deal.

Tue, 12/05/2023 - 14:22

New Yorkers are full of pride for their city. So when it comes to buying gifts for the special New Yorker in your life, why not lean into that? We’ve rounded up 15 quintessential NYC gifts that either help your loved ones show off that pride, support the city’s institutions, or both! These are also [...]

The post 15 quintessential NYC gifts for the New Yorker in your life first appeared on 6sqft.

Tue, 12/05/2023 - 13:58

REBNY’s data shows substantial improvement; Kastle figures don’t.

Tue, 12/05/2023 - 13:55

See the latest return-to-work data for New York City office buildings.