Bon Jovi’s old condo sells at a $7.5M loss

The Real Deal 7/19 3:05A Kevin Rebong

The owner of a duplex condo that once belonged to Jon Bon Jovi just took a steep loss on the unit. Ivar Mitchell, a managing director at Andlinger and Company, sold the apartment at 583 Broadway for $26.5 million, according to New York City...

Perchwell strikes deal with Toll Brothers, marking first developer client

The Real Deal 7/19 2:00A Kerry Barger

Perchwell — the analytics and listings management firm that’s brought on brokerage clients like Sotheby’s International Realty and CORE — has struck its first developer deal. Toll Brothers City Living has signed on to use the startup’s platform...

Chinese investors want their money back.

The Real Deal 7/19 1:30A Kevin Rebong

UPDATED, Jun. 19, 12:18 p.m.: When eager Chinese citizens invested in the Times Square Edition Hotel through the EB-5 visa program roughly four years ago, they expected to secure green cards within five years. But the controversial program, which...

Village wants protections, not 'downzoning,' to accompany tech hub

CrainsNewYork.com (Real Estate) 7/19 12:19A

To the editor: Facts be damned in Greg David s bid to discredit any perspective other than build baby build on development plans in New York City, even when they involve giving... To view the full story, click the title link.

The Hunt: Graduating to Their First Big City Rental

NYTimes.com (Real Estate) 7/18 11:00P JOYCE COHEN

For two young newcomers, having “the full New York City experience” meant finding a happy medium between uptown gloss and downtown grit.

New York City Looks to Crack Down on Airbnb Amid Housing Crisis

NYTimes.com (Real Estate) 7/18 1:20P ZOE GREENBERG

The City Council voted unanimously to significantly regulate Airbnb and its peers, taking aim at landlords renting apartments a few nights at a time.

Airbnb is financing a user's lawsuit against the city

CrainsNewYork.com (Real Estate) 7/18 11:42A Bloomberg News

Airbnb Inc. is taking a page from the Peter Thiel playbook. The home-rental company is providing financial support for a lawsuit brought by one of its hosts against New York City, as the startup... To view the full story, click the title link.

Behind Airbnb’s latest tactic in City Council showdown

The Real Deal 7/18 8:00A Kevin Rebong

When the New York City Council votes today to force Airbnb to disclose information on every one of its New York City listings or face $25,000 fines for each, the $31 billion unicorn will take a heavy punch to the gut. But it s already found a new...

NYC real estate gave $733K to Cuomo in first half of 2018

The Real Deal 7/17 11:00A Kevin Rebong

Donors from New York City s real estate industry contributed more than $733,000 to the re-election campaign of Gov. Andrew Cuomo in the first half of 2018, an analysis of state contributions data by The Real Deal found. That s down from the more...

Eric Adams wants city to monitor bad landlords in same manner as criminals

The Real Deal 7/17 4:40A Kevin Rebong

Brooklyn borough president Eric Adams wants to start monitoring landlords in the same manner that the city tracks criminals. Adams proposed creating a database modeled after the New York City Police Department s crime-mapping Compstat system to...

15 Hudson Yards #66B, New York, NY 10001, $7,935,000 2 beds, 3 baths

Trulia (New York City) 7/16 9:00P

2320 sqft, 2 beds, 3 baths, condo in New York, NY - Garment District

430 W 34th St #4A, New York, NY 10001, $450,000 1 bath

Trulia (New York City) 7/16 9:00P

1 bath, co-op in New York, NY - Chelsea

StreetEasy launches “My Agent” — with notable disclosures

The Real Deal 7/16 7:21A Kevin Rebong

StreetEasy is letting Premier Agents in New York City double down on the lucrative advertising program. The Zillow-owned portal is rolling out “My Agent,” an optional feature that lets buyers continue working with agents they’ve already contacted...

Soundview multifamily project receives third-biggest Bronx loan of 2018

The Real Deal 7/16 6:50A Kevin Rebong

Azimuth Development Group has landed about $107 million in financing from the city for a multifamily development in the Bronx, in what appears to be the third-largest loan the borough has seen so far this year. The developer is using the money...

Give life sciences space and watch it boom

CrainsNewYork.com (Real Estate) 7/16 12:38A Mitchel W. SimplerNancy J. Kelle

With tech startups and the world s best scientific and medical-research universities, New York City has long been at the crossroads of technology, science and medicine. Workers in pharma,... To view the full story, click the title link.