On the Market in New York Cit
This week’s properties are on the Upper West Side, Jackson Heights, Queens, and Ditmas Park, Brooklyn….
Adam Neumann poised to exit San Jose developments
Adam Neumann may step away from investments in six developments in San Jose, California. The former WeWork CEO’s stake in the sites could be worth more than $150 million, according to Bloomberg. Neumann’s partner on the…
Top Eastdil broker in LA heads to NY to boost capital markets team
One of Eastdil Secured’s top brokers in Los Angeles is moving to the East Coast, to boost the firm’s investment sales and debt placement teams in New York. Jonathan Firestone, a managing director, has worked at…
What $1 million buys right now in three Santa Barbara County cities
Take a look at what roughly $1 million buys right now in Santa Barbara, Goleta and Solvang in Santa Barbara County. …
CRE Isn’t Broken — It’s Just Patient
While CRE may not be a pioneer in innovation, the industry is far from broken and is instead evolving at a pace that reflects its history and its values. …
Your condo is ready: Four Seasons pushes into residential
Four Seasons is checking into residential development. The luxury hotel management company plans to double its residential portfolio over the next five years to 7,000 units. Notably, that involves a series of Four Seasons–branded condominium projects….
2020 Residential Design Forecast: 7 Industry Pros Predict Top Kitchen Trends
In the first installment of this three-part 2020 residential design forecast series, we covered the macro trends driving preferences. In this second installment, we’ll look at residential kitchen design trends. …
Two Renters Seek Enough Space for Their Beloved Books, but What Will They Give Up to Get It?
Facing a steep rent hike, a couple navigated a gauntlet of cramped apartments and noisy streets to find their next home. Which of these did they choose?…
After fatality, analysis shows façade rules widely ignored across city
Nearly eight months ago, city officials fined the owner of 729 Seventh Avenue $1,250 for failing to maintain the building’s façade. The owner, Himmel + Meringoff Properties, paid the penalty but never documented that the damaged…
What Does It Mean When A Home Is Being Sold In “As-Is” Condition?
Those few words can have a big impact on your transaction, so make sure you know what they mean going in. …
LeFrak to pay tenants $42M in settlement over scorching — and freezing — apartments
After nearly five years of litigation, LeFrak has reached a hefty settlement with tenants at a Battery Park City complex. LeFrak, the third-largest rental landlord in the city, is set to pay tenants at Gateway Plaza…
32BJ SEIU could strike if labor agreement isn’t reached in two weeks
If office landlords and union cleaners don’t reach an agreement on their wages and benefits by the end of the year, workers could strike. During a massive rally in Midtown Wednesday, 32BJ SEIU members voted in…
Ray Liotta’s former Pacific Palisades mansion is on the market for $5.595 million
In Pacific Palisades, a Mediterranean mansion owned in the 1990s by “Goodfellas” actor Ray Liotta is on the market for $5.595 million. …
Tony Gwynn’s former Poway estate sells for $1.43 million
The estate of Tony Gwynn, owned by the Padres hitter and his family for nearly 20 years, has sold in Poway for $1.43 million. …
Pols ponder NYCHA air rights sale for Gowanus
Developers already see a major opportunity when they look at Gowanus: a gentrifying, underbuilt area with good subway access. Letting local NYCHA developments sell their air rights could make it even sweeter for builders and for…
Europe could be headed toward a housing crisis
Negative interest rates and high rates of household debt in Europe may be leading to a housing bubble. The European Central Bank five years ago slashed its benchmark interest rate to below zero in an effort…
Sarah Palin-tied LLC sells half-built home in Arizona for $6.2 million
A limited liability company tied to politician Sarah Palin has sold a half-built mansion in Scottsdale, Ariz., for $6.2 million. …
How Student Loan Debt Is Affecting NYC Real Estate
Student loan company SoFi recently polled more than 1,000 millennials between the ages of 22 and 35 across the U. S. and found that 61% said they have delayed buying a home because of their student…
Judge tosses mortgage-fraud case against Manafort
The Manhattan district attorney’s criminal case against former Trump campaign manager Paul Manafort has been dismissed by a New York judge. Manafort’s lawyers argued that the charges in the state case, which include residential-mortgage fraud, conspiracy…
Fitness chain plans to kick sand in Equinox’s face
A budget fitness chain swole from private equity bucks plans to take on Equinox. EōS Fitness is looking to open 15 to 20 gym locations in Manhattan for a new luxury fitness line to compete with…
