NYC Real Estate News

Mon, 10/21/2019 - 13:00
Photo by Ajay Suresh on Flickr In August, Midtown’s 71-year-old Paris Theatre closed its doors when its lease with developer Sheldon Solow ended. The 581-seat theater was NYC’s last single-screen movie house and was known for showing indie and foreign, especially French, films. But the iconic establishment on 58th Street will open its doors once more next month; Deadline reports that Netflix has worked out a deal with Solow to screen its upcoming movie “Marriage Story” in the Paris when it premiers on November 6th. As 6sqft previously reported, “Solow is currently developing a 19-story condo building next to the Paris Theatre at 7 West 57th […]
Mon, 10/21/2019 - 12:30
A 19th-century townhouse in Brooklyn has undergone a creepy and kooky makeover just in time for Halloween. Travel company Booking.com transformed the Clinton Hill home at 272 Lafayette Avenue into a real-life replica of The Addams Family Mansion from the hit 1960s comedy sitcom. For just over $100 per night, guests can spend Halloween playing with Wednesday’s beheaded dolls, calling Lurch on his “you rang” bell, and getting scared by Thing. The converted mansion coincides with the release of the animated Addams Family movie, which hit theaters earlier this month. In addition to the on-theme decor, like machines in Pugsley’s room and […]
Mon, 10/21/2019 - 11:53
Listing images courtesy of Douglas Elliman The bones of this two-family townhouse at 362 Clermont Avenue date back to 1899, but inside, a gut renovation has brought the property well into the 21st century. Several wood-burning fireplaces and the original doors were restored while other materials, like the reclaimed wood floors, were carefully sourced to reflect what was originally there. The 22-foot-wide Fort Greene home spans across 3,650 square feet (not including the basement apartment) and is seeking $4.35 million. The entrance is on the parlor floor, which features a large entryway leading into the east-facing living room. The first […]
Mon, 10/21/2019 - 11:15

It wasn’t long ago that mansions in the Chicago’s northern suburbs were in high demand. There were bidding wars, brokers scrapped for listings, and prices regularly eclipsed $1 million. But in the past decade, the luxury market has turned sluggish. In many towns, sales are declining, prices are lower, and homes are lingering on the market longer. As sellers who snapped up seven-figure suburban mansions head for warmer climates or downsized downtown condos, many are

The post In a sputtering market, luxury brokers in Chicago’s tony suburbs get creative appeared first on The Real Deal New York.

Mon, 10/21/2019 - 11:00
“Cherry blossoms falling in front of a mausoleum in Green-Wood Cemetery,” April 2017, by Rhododendrites via wikimedia commons What do Jean-Michel Basquiat, F.A.O Schwarz, Horace Greeley, Samuel Morse, Louis Comfort Tiffany, Boss Tweed, Peter Cooper, Leonard Bernstein, and Susan Smith McKinney-Steward have in common? All these notable New Yorkers are spending eternity in Brooklyn, specifically Greenwood Cemetery, the stunning 478-acre “rural cemetery” that’s home to 560,000 “permanent residents” (and about as many truly spectacular mausoleums.) Since the best secrets are the ones you take to the grave, come dig up the dirt on Green-Wood, and read on for 10 things you didn’t […]
Mon, 10/21/2019 - 10:30

Grant Cardone jumped on stage, bringing along an entourage to The Real Deal’s Sixth Annual Miami Real Estate Showcase & Forum, waving 10X flags and claiming they made thousands of dollars listening to his message. The investor, author and motivational speaker who talks to aspiring entrepreneurs around the world focused his conversation on real estate. For Cardone, who focuses on the multifamily market, the dream of homeownership will be dead. People want apartments and they

The post Opportunity Zones, luxury residential pricing, the diversity dilemma and more at <i>TRD</i> Miami’s Showcase & Forum appeared first on The Real Deal New York.

Mon, 10/21/2019 - 10:30
Photo of Pavilion A by Travis Mark More than 100 years after its construction, the Woolworth Building’s transformation into a luxury residential tower is complete. Now, four years after condo sales first launched, there’s an opportunity to live in one of the building’s most unique residences. Developer Alchemy Properties has listed a 29th-floor five-bedroom, called Pavilion A, for $29.85 million, an asking price roughly $3 million less than when the apartment first listed in May. And while the unit’s size and custom features make this apartment special, the setback duplex terrace, which lets you rub elbows with the historic building’s stunning terra-cotta exterior, puts […]