NYC Real Estate News

Mon, 06/24/2019 - 16:45
Despite reportedly losing an $80,000 set of dentures at a Jersey Mike’s in Linden, New Jersey, former Major League Baseball player Lenny Dykstra still has a soft spot for restaurants. So much so that the former New York Mets and Philadelphia Phillies center fielder nicknamed “Nails” has teamed up with Michael Perlman, founder of the Rego-Forest Preservation Council, and Manhattan-based real estate lawyer Ronald Hariri to try and move the Shalimar Diner from its former […]
Mon, 06/24/2019 - 16:05
Here are the details on New York’s investment deals that traded within the $20 million to $30 million range, according to property records filed last week with the city’s Department of Finance. 1.) The Radha Soami Society Beas-America parted with 11-40 45th Road in Long Island City — a two-story commercial building — for just over $26 million. The site, which has an alternate address of 11-36 46th Avenue, is a study center for the […]
Mon, 06/24/2019 - 15:42
The to cover one of the team's news conferences. The The Professional Basketball Writers Association and the Associated Press Sports Editors both issued statements after Friday's news conference...

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Mon, 06/24/2019 - 15:15
UPDATE Monday, June 24, 2019, 7:25 p.m.: Eran Polack’s HAP Investments closed on a $55 million refinancing of a rental building in East Harlem less than a week after sweeping rent regulation reform was passed by the state legislature. Asia Capital Real Estate, a private investment firm that claims on its website to manage “discretionary capital” for family offices and institutional investors, issued the two-year loan at a variable rate of LIBOR plus 3.25 percent, […]
Mon, 06/24/2019 - 14:44
JetBlue Airways Corp. has sued Walmart Inc. for trademark infringement, alleging the big-box retailer has made a "transparent attempt" to capitalize on the airline's reputation and goodwill.The...

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Mon, 06/24/2019 - 14:40
New Yorkers disagree on almost everything, but most of us would agree that affordability is one of the critical issues of our time. Housing is often our largest expense, and politicians, advocacy...

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Mon, 06/24/2019 - 14:30
Queens sales dominated this week’s mid-market investment sales, according to property records filed with the city’s Department of Finance. 1.) In the Oakland Gardens neighborhood of Queens, an office building traded for about $14.7 million. Seller Jacaroga LLC, managed by Benhad Manager, Inc., has held the two-story property at 61-56 Springfield Blvd., which sits at the corner of 64th Avenue, for decades. The buyer in the most recent transaction was Jackson 13-Lee 74 LLC, controlled […]
Mon, 06/24/2019 - 14:04
Real estate investor Jack Terzi is out to prove that buying up brick and mortar retail space is a smart investment. Terzi, who runs his own real estate investment and brokerage firm JTRE Holdings,...

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