News articles by source: The Real Deal
30 most recent news articles by publication date
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40 West 116th Street
Newly formed GSLM closes first deal
...Aspen, a rental building at 1955 First Avenue and the Kalahari, a luxury condominium at 40 West 116th Street. http://ny.therealdeal.com/articles/goldman-teams-up-with-developer-on-100m-real-estate-investment...
Published by The Real Deal on October 6, 2008.
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18 West 48th Street
Residential market plagued by price cuts, contract breaks
...12.9 million in the third quarter, a decrease of 36.8 percent; and at 18 West 48th Street, where a unit first listed at $1.2 million was then on the market for...
Published by The Real Deal on October 3, 2008.
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1120 Fifth Avenue
Residential market plagued by price cuts, contract breaks
...over last quarter, the real estate data site found. The largest price cuts were at 1120 Fifth Avenue, where a unit originally on the market for $20.4 million was listed for $12...
Published by The Real Deal on October 3, 2008.
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111 West 31st Street
Wall Street turmoil cools overseas interest in NYC
During the same period, the largest American loan was $68.67 lent by Bank of America for 111 West 31st Street.
Published by The Real Deal on October 2, 2008.
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11 West 51st Street
Chase sells Rockefeller Center bank site for $28M
Chase sold the four-story building at 11 West 51st Street, now occupied by Venezuelan Mercantil Banco Universal, to a real estate investment trust on August 14, according to city property records posted today.
Published by The Real Deal on October 2, 2008.
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6 West 48th Street
Wall Street turmoil cools overseas interest in NYC
...records. Other mortgages included the Bank of China loaning $23 million for a property at 6 West 48th Street; the Governor and Company of the Bank of Ireland invested $55 million for 396 Second...
Published by The Real Deal on October 2, 2008.
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28 West 44th Street
Wall Street turmoil cools overseas interest in NYC
...Ireland invested $55 million for 396 Second Avenue; and DekaBank Group lent $100 million for 28 West 44th Street, records showed...
Published by The Real Deal on October 2, 2008.
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406 East 91st Street
Sacred Heart buys $23M UES building for athletics
The Convent of the Sacred Heart school paid Verizon New York $23 million for a three-story building on a 12,500-square-foot lot at 406 East 91st Street, more than six avenues east of its main campus at 1 East 91st Street at Fifth Avenue.
Published by The Real Deal on October 1, 2008.
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1 East 91st Street
Sacred Heart buys $23M UES building for athletics
The Convent of the Sacred Heart school paid Verizon New York $23 million for a three-story building on a 12,500-square-foot lot at 406 East 91st Street, more than six avenues east of its main campus at 1 East 91st Street at Fifth Avenue.
Published by The Real Deal on October 1, 2008.
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342 East 110th Street
Harlem developer sells low to win high
The 35 units in the David Marks Development Group's Conrad, at 342 East 110th Street, range in price from $399,000 to $560,000, and in size from 610 square...
Published by The Real Deal on September 30, 2008.
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1552 Broadway
1920s actresses get makeovers at Times Square landmark
Four statues of 1920s Broadway actresses will be restored at the I. Miller building, at 1552 Broadway, Times Square.
Published by The Real Deal on September 29, 2008.
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3530 Kings College Place
Bronx green school under construction
The center, which will have space for 515 pre-K through third grade students, is scheduled for completion in late 2009, and will share an 80,000-square-foot site with PS 94X at 3530 Kings College Place, which is already at the site.
Published by The Real Deal on September 29, 2008.
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42 East 20th Street
Tisch grandson sells $3M Flatiron condo
The buyer of the apartment in the 23-unit Beaux Arts-style building, Bullmoose Condominium at 42 East 20th Street, near Park Avenue, was Christopher Flint, who closed on the sale September 16, according to property records published today.
Published by The Real Deal on September 26, 2008.
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142 West 10th Street
Developer battles Scarano in court
Blesso bought his first building in 1999 and opened his firm, which has developed 10 properties, in 2003, Schneider said. Blesso has worked with Scarano on three projects -- the two in litigation and one at 142 West 10th Street in Greenwich Village.
Published by The Real Deal on September 26, 2008.
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138 West 124th Street
Developer battles Scarano in court
...in payments he claimed the developer still owed him on a record-setting project at 138 West 124th Street in Harlem. At $1,007 per square foot, the two-bedroom penthouse condo was sold...
Published by The Real Deal on September 26, 2008.
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234 West 20th Street
Developer battles Scarano in court
West Village-based Blesso Properties filed a lawsuit September 17 in Manhattan State Supreme Court through a related company, which charges Scarano with fraud, breach of contract and negligence, and seeks damages in excess of $1 million for a project at 234 West 20th Street in Chelsea.
Published by The Real Deal on September 26, 2008.
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232 Madison Avenue
Miami Beach-based firm opens shop in Manhattan
Marc Weisman, who joined Fifteen Group as a principal in 2007, is running the 3,100-square-foot office at 232 Madison Avenue, between 37th and 38th streets.
Published by The Real Deal on September 25, 2008.
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310 West 52nd Street
Ranger goalie buys penthouse for $3.9M
New York Ranger's goaltender Henrik Lundqvist paid $3.9 million for a penthouse condominium at 310 West 52nd Street on the Upper West Side.
Published by The Real Deal on September 24, 2008.
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225 West 83rd Street
Ranger goalie buys penthouse for $3.9M
In 2006, Lundqvist bought a condo two floors below Rangers' defenseman Brian Leech at the Bromley at 225 West 83rd Street, paying $1.75 million. He still owns the unit, according to property records.
Published by The Real Deal on September 24, 2008.
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1206 St. Nicholas Avenue
Seven Dunkin' stores on auction block
The Bronx stores at 1206 St. Nicholas Avenue and 3414 Jerome Avenue are currently closed, said Maltz, whose firm specializes in debt-related sales.
Published by The Real Deal on September 23, 2008.
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130 Church Street
Seven Dunkin' stores on auction block
The five Manhattan stores at 130 Church Street, 132 Nassau Street, 360 West 31st Street, 973 Eighth Avenue and 30 Rockefeller Plaza are all still operating and have attracted bidders, said David Constantino, assistant auction coordinator at David R. Maltz & Co., the auctioneer for the stores.
Published by The Real Deal on September 23, 2008.
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132 Nassau Street
Seven Dunkin' stores on auction block
The five Manhattan stores at 130 Church Street, 132 Nassau Street, 360 West 31st Street, 973 Eighth Avenue and 30 Rockefeller Plaza are all still operating and have attracted bidders, said David Constantino, assistant auction coordinator at David R. Maltz & Co., the auctioneer for the stores.
Published by The Real Deal on September 23, 2008.
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360 West 31st Street
Seven Dunkin' stores on auction block
The five Manhattan stores at 130 Church Street, 132 Nassau Street, 360 West 31st Street, 973 Eighth Avenue and 30 Rockefeller Plaza are all still operating and have attracted bidders, said David Constantino, assistant auction coordinator at David R. Maltz & Co., the auctioneer for the stores.
Published by The Real Deal on September 23, 2008.
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30 Rockefeller Plaza
Seven Dunkin' stores on auction block
The five Manhattan stores at 130 Church Street, 132 Nassau Street, 360 West 31st Street, 973 Eighth Avenue and 30 Rockefeller Plaza are all still operating and have attracted bidders, said David Constantino, assistant auction coordinator at David R. Maltz & Co., the auctioneer for the stores.
Published by The Real Deal on September 23, 2008.
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3414 Jerome Avenue
Seven Dunkin' stores on auction block
The Bronx stores at 1206 St. Nicholas Avenue and 3414 Jerome Avenue are currently closed, said Maltz, whose firm specializes in debt-related sales.
Published by The Real Deal on September 23, 2008.
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309-311 Fifth Avenue
Herald Square hotel-condo developer seeks financial aid
New Jersey-based Sunshine Developers bought the site at 309-311 Fifth Avenue at 31st Street, as well as adjoining air rights, for $50 million in late 2006, said Benjamin Bottner, investment sales associate at real estate advisors Marcus and Millichap, and a broker on the current deal. A year later, the developer demolished the five-story building on the site, and this year won city approval for an Ismael Leyva-designed building with a 212-room hotel and 39,000-square-foot residential building.
Published by The Real Deal on September 22, 2008.
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3424-3426 Guider Avenue
A market casualty in Brighton Beach
If discussions of the tightening housing market seem too abstract -- dips in activity expressed in quarterly percentages -- consider the specific case of 3424-3426 Guider Avenue, a new brick condominium in Brighton Beach, Brooklyn.
Published by The Real Deal on September 22, 2008.
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309-311 Fifth Avenue
Herald Square hotel-condo site seeks finacial aid
New Jersey-based Sunshine Developers bought the site at 309-311 Fifth Avenue at 31st Street, as well as adjoining air rights, for $50 million in late 2006, said Benjamin Bottner, investment sales associate at real estate advisors Marcus and Millichap, and a broker on the current deal. A year later, the developer demolished the five-story building on the site, and this year won city approval for an Ismael Leyva-designed building with a 212-room hotel and 39,000-square-foot residential building.
Published by The Real Deal on September 22, 2008.
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200 West Street
Architect injured at Goldman site files suit
In his lawsuit, architect Robert Woo said he was permanently injured both physically and emotionally because of the accident on December 14, 2007, at the construction site of the 43-story office tower at 200 West Street at Vesey Street.
Published by The Real Deal on September 18, 2008.
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745 Seventh Avenue
No discount for Barclays on Lehman buy
Although the ink may still be drying on the agreement to buy Lehman Brothers' headquarters at 745 Seventh Avenue, brokers said it appears that Barclays did not get as good a deal as JP Morgan Chase did when it snapped up the failed investment bank Bear Stearns.
Published by The Real Deal on September 17, 2008.
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