De Blasio for president? He'd better do more on climate change

CrainsNewYork.com (Real Estate) 1/24 12:39A

To the editor:  If Mayor Bill de Blasio were speaking to the nation in his state of the city address, (“”), let him speak to the state of New York City's climate policy. The city needs to be a... To view the full story, click the title link.

At $238 Million, It’s the Highest-Price Home in the Country

NYTimes.com (Real Estate) 1/23 1:00P STEFANOS CHEN

A hedge fund billionaire closes on a Central Park apartment, paying more than double the previous record price for a residential sale in New York City.

Developer of East Village hotel blames a “grass roots campaign of fear and misinformation” for...

The Real Deal 1/23 7:30A Kevin Rebong

The development firm trying to build a hotel in the East Village says its project was rejected over politics, not facts. Kalodop II Park Corp., which has spent years working on a proposal for an eight-story hotel at 27 East 4th Street, is suing...

Ashford picks up Midtown hotel for $195M

The Real Deal 1/23 5:30A Kevin Rebong

Ashford Hospitality Trust Inc. is officially in business in New York City. The Dallas-based real estate investment trust paid $195 million to buy the newly built 310-room Embassy Suites by Hilton New York in the Garment District, the company...

Thousands went without heat, hot water at several housing developments on MLK Day

CrainsNewYork.com (Real Estate) 1/22 12:22P Lizeth Beltran

More than 10,000 public housing residents spent Martin Luther King Jr. Day—one of the coldest days of the year with wind chills below -15—without heat or hot water. The New York City Housing... To view the full story, click the title link.

Where jobs are growing the fastest in NYC

CrainsNewYork.com (Real Estate) 1/22 12:22P Greg David

Preliminary numbers on how the New York City economy fared last year were released Thursday. As expected, the news is pretty good. The city added 66,100 jobs, an increase of 1.5%, and the... To view the full story, click the title link.

StreetEasy offers agents a way to avoid Premier Agent — for $333 a month

The Real Deal 1/22 11:49A Kevin Rebong

New York City agents will soon be able to opt out of StreetEasy s controversial Premier Agent program — to the tune of $333 per listing per month. The Zillow-owned portal informed brokerage heads on Tuesday that it plans to introduce a new...

Airbnb critics say blocked law would save housing units

CrainsNewYork.com (Real Estate) 1/22 10:16A

A new report from critics of Airbnb and other home-sharing platforms claims New York City could lose nearly 11,000 housing units if new regulations on the companies don't go forward. A federal judge... To view the full story, click the title link.

Starbucks to roll out Uber Eats deliveries in New York

CrainsNewYork.com (Real Estate) 1/22 6:02A Tom Acitelli

Starbucks plans in the next few weeks to make 95% of its core menu available from some of its New York City stores via the Uber Eats mobile app. [] "> To view the full story, click the title link.

Here’s what the $10M-$20M NYC investment sales market looked like last week

The Real Deal 1/22 4:30A Kevin Rebong

Manhattan trades comprised recent mid-market New York City investment sales, according to filings recorded last week with New York City’s Department of Finance. 1.) Extell Development Company picked up two four-story apartment buildings on the...

Here’s what the $20M-$30M NYC investment sales market looked like last week

The Real Deal 1/22 3:00A Kevin Rebong

New York City investment sales within the $20 million to $30 million range last week included the Lightstone Group picking up a Bronx apartment complex and a Queens industrial property selling for more than double its price just a year ago. 1.)...

Is New York City headed for another foreclosure crisis?

The Real Deal 1/18 9:30A Kevin Rebong

When Canadian fashion mogul Maurice Benisti’s company lent nearly $19 million to a buyer of a new apartment at Extell Development’s One57, there was no indication that the deal was doomed. But the entity reportedly linked to Sheri Izadpanah failed...

These are some of the most notable resi sales of the week

The Real Deal 1/18 7:45A Kevin Rebong

Over the past week, New York City saw plenty of eye-catching residential deals. Take Shaun Donovan and Liza Gilbert: the former HUD secretary and his landscape-designer wife picked up a carriage house in Brooklyn for $2.3 million. And one hedge...

City to lose $500 million a month from shutdown, de Blasio warns

CrainsNewYork.com (Real Estate) 1/17 2:46P Will Bredderman

While Washington is shut down, New York City will get cut down, Mayor Bill de Blasio warned Thursday.The mayor sounded dire as he announced that if the 27-day federal shutdown carries into March it... To view the full story, click the title link.

Greenwich homes get cheaper as NYC buyers cut their budgets

CrainsNewYork.com (Real Estate) 1/17 10:34A

With New York City apartments selling for less, urbanites pining for a suburban home in Greenwich might have to daydream a bit longer. In the last three months of 2018, purchases of single-family... To view the full story, click the title link.