NYC Real Estate News

Fri, 08/23/2019 - 14:18
Photo by Kevin Harber on Flickr Forget the peanuts and Cracker Jacks. A food festival coming to New York City next month will serve out-of-the-box ballpark food from all 30 Major League Baseball teams, from toasted grasshoppers to bulgogi beef egg rolls. In its second year, the MLB FoodFest, presented by Budweiser, will take place on Sept. 21 and 22 in Midtown. Tickets cost $35 for unlimited vendor tastings or $50 for food and three beers. The upcoming event is the second FoodFest of the year, with the first taking place in April in Los Angeles. The MLB plans on bringing the […]
Fri, 08/23/2019 - 14:00
WeWork recently revealed the makeup of its Board of Directors in advance of its much anticipated IPO, and the selections are already stirring up some controversy. Many have zeroed in on the fact that none of the board members are women, despite the fact that the co-working giant’s S-1 filing promoted a “culture of inclusivity.” And because WeWork co-founder Adam Neumann remains chairman of the board and its majority shareholder, he retains the ability to […]
Fri, 08/23/2019 - 13:43
The city appears set to initiate a formal review of the $1 billion-plus for Lenox Terrace in Harlem. The Olnick Organization, owner of the sprawling 12-acre residential property, is seeking various...

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Fri, 08/23/2019 - 13:31
A power failure at the Port Authority of New York and New Jersey's 500,000-square-foot World Trade Center headquarters earlier this week left roughly 900 of its employees without a place to...

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Fri, 08/23/2019 - 13:15
Software company Unqork is subleasing almost 40,000 square feet of space on Fifth Avenue. The firm, which focuses on app development, has leased just under 40,000 square feet from Univision Communications at 114 Fifth Avenue, owned by L&L Holding Company, Columbia Property Trust and Allianz, according to sources familiar with the deal. The deal is for 11 years, and asking rents were said to be in the $90s per square foot. Unqork was represented by […]
Fri, 08/23/2019 - 12:57
Sales inventory rose throughout New York City in July as the market continued to slow, according to the latest StreetEasy market report. Of all three boroughs analyzed—Manhattan, Queens, and...

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Fri, 08/23/2019 - 12:15
David Koch's name is carved into the sides of buildings at Lincoln Center, New York-Presbyterian Hospital and, soon, at Memorial Sloan-Kettering Cancer Center. But the billionaire rarely gave...

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Fri, 08/23/2019 - 12:00
Nice work if you can get it…I guess? Selling properties seized from alleged criminals is apparently a fairly competitive business.  Since Jeffrey Epstein’s death, the fate of his Upper East Side mansion has been up in the air. Though the criminal case against him will no longer proceed, the government could still pursue a civil forfeiture case against any one of his U.S. properties. The proceeds from the sales would then go to victims.  If […]