NYC Real Estate News

Fri, 01/17/2020 - 09:45
Images courtesy of The Corcoran Group. This renovated loft, asking $5.175 million, spans the full ninth floor of a classic early 1900s building at 142 West 26th Street in Manhattan’s Chelsea neighborhood. The 4,000-square-foot co-op apartment was designed by Fernando Santangelo, who is known for the famous Chateau Marmont Hotel in Los Angeles. In addition to reflecting a brilliant eye for color and detail, the home hits every luxury loft high note, from 11-foot ceilings to vast room proportions. Though it’s currently set up with three “official” bedrooms, its current collection of spaces–including a formal living room, a great room, and a library–offer […]
Fri, 01/17/2020 - 09:30

Next week brings two more real estate events. Host: ULI New York Date: Jan. 22 Time: 7:30 a.m. to 11:30 a.m. Urban Land Institute New York is hosting its Real Estate Outlook for 2020 at The Times Center, 242 West 41st Street. Come to this event to hear industry professionals discuss emerging housing trends and the challenges of navigating capital markets in 2020. Speakers include Margaret Anadu of Goldman Sachs and Darcy Stacom of CBRE.

The post Mark your calendars: These are NYC’s top real estate events next week appeared first on The Real Deal New York.

Fri, 01/17/2020 - 09:00

The real estate industry might not be particularly happy with Gov. Andrew Cuomo, but he is still the top politician in New York, and donors gave accordingly in the past six months. Donations to the governor were scant from limited liability companies, though, thanks to a new law curtailing their giving, Politico reported after campaign fundraising disclosures were posted this week. But direct donations from individuals were not affected. Three major developers gave the governor

The post Cuomo rakes in real estate cash — but not from LLCs appeared first on The Real Deal New York.

Fri, 01/17/2020 - 09:00
In New York City, a developer got an exemption to build rental buildings using mostly timber. Is this the climate-friendly wave of the future?
Fri, 01/17/2020 - 08:42
A swirling mess of winter weather is roaring out of the Midwest toward the Northeast, threatening to drop a blanket of snow on upstate New York, New Hampshire and Maine, to the joy of skiers, and at...

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Fri, 01/17/2020 - 08:30

Savanna has parted with a Soho office-retail building, selling the asset for more than $103 million to a Japanese investor that appears to be new to New York City real estate. Property records show the buyer of 434 Broadway, which sits on the corner of Howard Street, was Tokyo Trust Capital Co., a Tokyo-based investment and asset management firm headed by CEO Minoru Machida and founded in 2016. MC Real Estate Partners partnered with Tokyo

The post Savanna sells Soho office building for $103M to Tokyo-based firm appeared first on The Real Deal New York.

Fri, 01/17/2020 - 08:26
NBCUniversal is service that will have a large part available for free, an approach it hopes will resonate with people who aren't interested in . The service, Peacock, will debut April 15 for...

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Fri, 01/17/2020 - 08:00
Installation of the reflective glass curtain wall on the Turkevi Center at 821 First Avenue is nearing the finish line. The panels gracefully wrap around the curved corners of the 563-foot-tall superstructure in the Midtown East neighborhood of Turtle Bay. Perkins Eastman is the designer of the 35-story mixed-use development, which will eventually serve as the consulate of the Republic of Turkey.
Fri, 01/17/2020 - 08:00

Was it a joke, or for real? That question made the rounds in broker circles after photos posted on Instagram last month showed celebrity agent Ryan Serhant giving $10,000 to a developer. “Instead of sending you a phone charger or a bottle of champagne, here is $10,000 in cash. Happy holidays,” read a card addressed to Silverback Development’s head of marketing, Jenna Segal, and signed by Serhant and his team. A second photo, posted by

The post Why Ryan Serhant sent $10,000 “cash” to clients appeared first on The Real Deal New York.