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Top residential agents of the week
Friday, February 03, 2012
Supermarket mogul Franzblau sells Chelsea inn for $4 million
Friday, February 03, 2012
Leonard Franzblau, founder of the Pioneer Supermarkets chain and a stakeholder in residential rental brokerage Manhattan Apartments, has sold the Colonial House Inn in Chelsea for $4 million, according to property records filed Tuesday. The 20-room bed and breakfast was founded by the late music mogul and gay rights activist Mel Cheren, who opened up his brownstone at 318 West 22nd Street, between Eighth and Ninth avenues, to the Gay Men’s Health Crisis in 1982, [more]
Petra to sell foreclosed Jasper condo
Friday, February 03, 2012
Real estate investment firm Petra Capital Management, which took control of an unfinished Ismael Leyva-designed condominium conversion in Murray Hill in October, has found a buyer for the property, the Jasper at 114 East 32nd Street, sources with knowledge of the deal told The Real Deal today. Petra, which loaned $95 million to developer and Harch Group founder Harry Jeremias for the Jasper in 2007 and later filed to foreclose when Jeremias defaulted, signed a [more]
More details on One Lincoln suicide, Coney restaurant owner vows to take building when evicted … and more
Friday, February 03, 2012
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The Coney Island boardwalk
More details on One Lincoln Plaza's pet policy, and its possible contributions to dog owner's suicide. Owner of Steve's Grill House on Coney Island boardwalk vows to take whole building with him when he leaves. Trump says Romney can beat Obama. Courtney Love moves out of West 10th Street townhouse she allegedly set on fire. Rossrock head paid 102 percent of his taxable income despite the fact that he could carry the interest. Finally, Newt Gingrich says "elites" ride the subways in Manhattan. Read these stories and more after the jump.
National market report: Brad Pitt and Angelina Jolie sell Malibu home
Friday, February 03, 2012
From the February issue: Hollywood power couple Brad Pitt and Angelina Jolie sold their Malibu home in December for $12 million to Ellen DeGeneres and her wife, Portia de Rossi, according to People magazine. The 4,100-square-foot spread, which overlooks the Pacific Ocean, consists of two separate houses, a pool and a tennis court. The top floor of the beachfront mansion was designed for Pitt and Jolie by environmentally conscious architect Christopher Sorensen. What could drag the
Condo slated to rise at 19 Park Place
Friday, February 03, 2012
Construction of a new 21-story residential condominium building at 19 Park Place is slated to begin in the next few weeks, according to the Tribeca Citizen. The site, on the north side of Park Place between Church Street and Broadway, is being developed by ABN Realty, with a design by architect Ismael Leyva. Work on the “sliver” building — so called for its narrow façade that measures just 25 feet wide – is expected to
Stonehenge hires first director of retail leasing
Friday, February 03, 2012
Stonehenge Partners has hired commercial leasing pro Luciana Francese as director of retail leasing, the company said today. Francese, who was previously director of leasing at G&S Investors, will oversee the company’s commercial portfolio, which consists of over 750,000 square feet of retail, office and garage space in Manhattan. Francese has a “great reputation and track record in successfully repositioning commercial properties,” said Ofer Yardeni, a managing partner of Stonehenge. “She will help us maximize [more]
Lloyd Goldman buys UES retail building for $13M
Friday, February 03, 2012
Property owner Lloyd Goldman is on a bit of a roll. He’s closed on or in contract to buy at least three small retail properties over the last four months in Manhattan and says there are more to come. Most recently Goldman, president of BLDG Management, which is one of the major commercial owners in the city, acquired the two-story commercial property at 888 Lexington Avenue on the corner of 65th Street Jan. 24 for [more]
More New Yorkers ditch Big Apple to buy in Miami
Friday, February 03, 2012
From the South Florida website: Sao Paulo. Caracas. Mexico City. Toronto. Buyers from cities like those have been driving Miami’s residential market since the worst of the condominium bust. And although it was largely overshadowed in the foreign buyer shuffle, New York City residents are heading back to Florida with money in hand. “[New York buyers] are very, very real and very active,” said Phil Spiegelman, principal of brokerage ISG. “It’s tangible, and it’s happening
Leslie J. Garfield & Co. agent leaves real estate business for wind power job
Friday, February 03, 2012
Francis O’Shea, an agent at Leslie J. Garfield & Co., has left the boutique brokerage for a sales and business development position at Wind Analytics, a start-up that develops software to assess the effectiveness of wind power sites, The Real Deal has learned. “I guess being a real estate broker for the rest of my life just wasn’t for me,” said O’Shea, who officially left the firm in December. “There’s certainly an opportunity to make [more]
House Proud: The Smith Mansion in Wyoming Is the Stuff of Legend

Friday, February 03, 2012

An abandoned log house with a sinister air, the Smith Mansion in Wyoming is the stuff of legend.

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Currents | Books: New Books on Homes, From Modest to Palatial

Friday, February 03, 2012

The handmade house, doughty and particular, is being celebrated in three new books.

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City Room: Big Ticket | Sold for $19,000,000

Friday, February 03, 2012

An apartment at the Trump International Hotel and Tower, opposite Central Park, was bought anonymously through a limited liability company.

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On the Market in the City

Friday, February 03, 2012

A Ditmas Park co-op, Upper East Side co-op and an Upper West Side condo.

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On the Market in the Region

Friday, February 03, 2012

A 10-year-old house with six bedrooms in Montvale, N.J., and a renovated four-bedroom in Bronxville, N.Y.

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On the Market in the Region

Friday, February 03, 2012

A 10-year-old house with six bedrooms in Montvale, N.J., and a renovated four-bedroom in Bronxville, N.Y.

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On the Market in New York City

Friday, February 03, 2012

A Ditmas Park co-op, Upper East Side co-op and an Upper West Side condo.

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Developers Eye Garages and Parking Lots

Friday, February 03, 2012

In Manhattan, parking lots and garages are making way for all sorts of development, especially luxury condominiums.

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City Room: Big Deal | The World at Its Feet

Friday, February 03, 2012

Wealthy investors are wiring millions of dollars to New York to snatch up a piece of 157 West 57th Street - what will be New York City's tallest residential building, with 90 floors overlooking Central Park.

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Living In | Katonah, N.Y.: Katonah, N.Y./Living In - The Hamlet That Got Up and Went

Friday, February 03, 2012

A photogenic Westchester suburb with high-profile residents is also known for its art museum and a performing arts center.

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New York Real Estate Question & Answer

Friday, February 03, 2012

Taking responsibility for a roof leak; a bank loan for capital repairs; lender says no to co-op sublet; next time, don’t forget the key.

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The Hunt: The Hunt | In Westchester, an Aspiring Landlord Changes Her Plans

Friday, February 03, 2012

MacKenzie Thompson’s plan to buy a multifamily house in foreclosure did not pan out. She decided to buy a home in Westchester County.

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Habitats | Lower East Side: Lower East Side/Habitats - Living Small, Decorating Large

Friday, February 03, 2012

Gray Burton lives in a 250-square-foot space he furnished with antiques he’s been collecting for years.

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Streetscapes | Upper West Side: Upper West Side/Streetscapes - Houses Designed for Millionaires and Musicians

Friday, February 03, 2012

The anchor of a proposed historic district will surely be a clutch of four mansions at Riverside Drive and 72nd Street.

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Mortgages: Mortgages — Shrinking the Escrow

Friday, February 03, 2012

Success in challenging property taxes means not having to put as much money aside in the escrow account.

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In the Region | New Jersey: New Jersey/In the Region - Feeding the Rental Appetite

Thursday, February 02, 2012

In Hudson County, developers are working on several projects that would add thousands of units in waterfront communities like Hoboken, Jersey City and Weehawken.

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In the Region | Long Island: Long Island/In the Region - Homes no Longer Out of Reach

Thursday, February 02, 2012

A drop in prices and low interest rates means many buyers on the Island can afford to wait.

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In the Region | Connecticut: In the Region/Connecticut — Town Houses Rise in Norwalk

Thursday, February 02, 2012

Summerview Square is a town-house-style apartment project going up in Norwalk after a previous developer walked away, leaving squalor in his wake.

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Currents | Q&A: An Online Database of Hazardous Building Materials

Thursday, February 02, 2012

An architect and an interior designer have created an online database of hazardous building materials.

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Shopping With Chris Hacker: Shopping for Hot Water Bottles With Chris Hacker

Thursday, February 02, 2012

Chris Hacker, the chief design officer at Johnson & Johnson, shops for hot water bottles that can come out from under the covers.

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Currents | Open: David Stark’s New Pop-Up Store, Wood Shop

Thursday, February 02, 2012

Beginning Friday, the NoLIta store Haus Interior will host Wood Shop, a pop-up store created by David Stark.

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What to Do With Those Family Photos — Market Ready

Thursday, February 02, 2012

Should I remove the family photos hanging on my wall before listing my apartment?

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One Man’s Discovery of the Vast Powers of the Drill

Thursday, February 02, 2012

One man’s discovery of the vast powers of the drill.

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On Location: A Texas Developer Attempts to Upend the American Subdivision

Thursday, February 02, 2012

A development in Austin, Tex., is an ambitious attempt to upend the conventions of the American subdivision.

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The Pragmatist: Power Tools That Will Pay for Themselves

Thursday, February 02, 2012

You want them, you need them, and these power tools will pay for themselves.

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Property Values: Real Estate for $900,000

Thursday, February 02, 2012

A town house in New Orleans, a penthouse in Baltimore and a ranch house in Washington.

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International Real Estate: Real Estate in Aruba

Thursday, February 02, 2012

The financial crunch has been felt in Aruba, but not severely enough to cause large numbers of foreclosures and short sales.

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Homes for $900,000

Wednesday, February 01, 2012

Properties in New Orleans, Baltimore and Bellevue, Wash.

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Square Feet: In Philadelphia’s Market East, Sign Law Spurs Investment

Wednesday, February 01, 2012

A new law that allows businesses in Philadelphia’s Market East district to draw revenue from large digital signs has drawn attention from developers.

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Square Feet | The 30-Minute Interview: The 30-Minute Interview: Richard T. Anderson

Wednesday, February 01, 2012

The president of the New York Building Congress, which represents professionals in the construction industry, has been running the nonprofit association since 1994.

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Square Feet: Life Sciences Development Rebounds in Central New Jersey

Wednesday, February 01, 2012

With its concentration of pharmaceutical giants and academic powerhouses, the region could be a major center for life sciences businesses, developers say.

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In Atlanta, Housing Woes Reflect Nation’s Economic Pain

Wednesday, February 01, 2012

Housing prices continue to fall nationwide, with Atlanta earning the distinction as the weakest performer.

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The Appraisal: In Selling Home, Attaching Fame to Find Fortune

Tuesday, January 31, 2012

A frenetic little industry has taken root in New York City based on finding and publicizing the once-and-future homes of just about anyone with name recognition.

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Plan for SoHo Business Improvement District Generates Debate

Monday, January 30, 2012

The plan for a business improvement district in SoHo would help with the trash problem, but some residents don’t want to cede more ground to tourists and real estate titans.

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Is It Better to Buy or Rent?

Thursday, September 09, 2010

Compare the cost of renting and buying equivalent homes.

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