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Preview: NY Post: Real Estate

Real Estate | New York Post

Your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.

Last Build Date: Mon, 24 Jul 2017 06:48:28 +0000


Venture capitalist at war with neighbors over home expansionKenFox-Mocomanto 3 (Frederick Betts).JPG

Fri, 21 Jul 2017 18:19:25 -0400

A dashing Manhattan venture capitalist is making enemies fast as he plans to expand his lake-front Victorian in Southampton Village, with more than 300 people, including neighbor Chuck Scarborough, raging against him. Ken Fox — whose company, The Stripes Group, has financed Blue Apron and Seamless/Grubhub — hopes to grow his quaint, 1880s shingled home...

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John McEnroe sells mansion for $3.25M less than asking price

Fri, 21 Jul 2017 15:40:58 -0400

Former tennis star John McEnroe has offloaded his Southampton estate with a tennis court where he has played leisurely for years. The 8,000-square-foot beach house sold for $11.25 million last month, according to property records filed this week. McEnroe, 58, first put the property on the market for $14.5 million in May 2016. Five months...

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Wall Street’s gains helping tech industry, real estate leasingFinancial Markets Wall Street

Fri, 21 Jul 2017 14:05:02 -0400

Wall Street once again seems to be the engine that makes New York City’s jobs and real estate sectors rev. Steady growth in the city’s financial services industries has helped it top the tech industry in both job growth and office leasing — although the two are becoming inexorably intertwined as tech jobs grow within...

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Jason Wu spotted at penthouse fashion showjason-wu-172-madison-avenue

Thu, 20 Jul 2017 04:09:12 -0400

Designer Jason Wu was recently spotted at a fashion show for George Sotelo’s Thorsun swimwear line, which was held in a full-floor penthouse at Tessler Development’s 172 Madison Ave. It is one of four penthouses in the building. While the penthouse where the fashion show was held is not yet on the market, a similar...

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Jersey Shore’s Asbury Park returns to its glory daysIMG_84441.JPG

Thu, 20 Jul 2017 04:05:03 -0400

Few towns along the Jersey Shore have enjoyed a more visible beachfront revival over the past few years than Asbury Park, the vibrant summer enclave about 60 miles south of New York City.

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New York’s most colorful apartment is for sale

Thu, 20 Jul 2017 03:56:18 -0400

Bradford Shellhammer co-founded the shopping site — so it’s no surprise that his Chelsea home at 575 Sixth Ave., on the market for $2.2 million, is also pretty fab. Shellhammer, now an eBay exec, is as colorful as his art collection, which includes works by Andy Warhol and Keith Haring. Although it’s rare for...

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Doris Roberts’ Central Park South duplex gets a discount

Thu, 20 Jul 2017 02:51:18 -0400

The apartment of the late Doris Roberts, the five-time Emmy Award-winning actress known for her role as overbearing mom Marie Barone on “Everybody Loves Raymond,” is now on the market for $2.99 million following a price cut and a brokerage swap. The spread originally hit the market for $3.29 million in January, as The Post...

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Doughnut legend selling charming East Hampton home

Thu, 20 Jul 2017 02:13:21 -0400

Rudy DeSanti Sr., the one-time owner of Dreesen’s Catering in East Hampton, is listing his home at 11 Stratton Square, also in East Hampton, for $2.34 million. The residence measures 2,600 square feet. It features four bedrooms and comes with a finished basement — all on a third of an acre with a pool. Features...

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Someone is paying $800K to summer in this Hamptons manse

Thu, 20 Jul 2017 01:57:54 -0400

Fashion mogul Elie Tahari has rented his over-the-top oceanfront Sagaponack estate for a mighty $800,000 — its full asking price — for the summer to a mystery tenant. This isn’t the first time it’s been rented. Last year, as we reported, a hedge funder nabbed the spread, which asked $800,000 for July and August. The...

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Fertility practice renews, expands Madison Avenue leaseshutterstock_338109230

Wed, 19 Jul 2017 23:52:19 -0400

Reproductive Medicine Associates of New York has renewed its lease with restructured terms and expanded its space at 635 Madison Ave. between East 59th and 60th streets. The practice previously had the entire ninth and 10th floors and has now expanded from part of the 11th floor to half that floor, bringing its total occupancy...

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Investment bank making the move to Sixth Avenue15X.Sales_1301(bw)

Tue, 18 Jul 2017 23:08:09 -0400

Leerink Partners is moving to 1301 Sixth Ave., where it has leased the entire 12th floor. The investment bank has its current offices at 299 Park Ave., where it has the full 21st floor of around 26,000 square feet. Wishing to expand but remain on one floor, the company had to move elsewhere. Leerink was...

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Abundance of office subleases available across Manhattanshutterstock_565838752

Tue, 18 Jul 2017 22:59:52 -0400

Office sublease availability in Manhattan has soared to its highest percentage since 2010 as companies are squeezing into smaller spaces and moving to new buildings before their leases end. A Savills Studley report shows 3.5 million square feet of sublease space has been added since June 2016 — a surge of 44.7 percent year over...

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Durst purchases vacant lot in Harlemshutterstock_630537203

Tue, 18 Jul 2017 22:59:07 -0400

The Durst Organization is doubling down in Harlem. The company already owns the large vacant site on the west side of Park Avenue between East 124th and East 125th streets, which has long been slated for apartments and is now investing on the eastern blockfront. Durst has just purchased an “L”-shaped vacant lot that runs...

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Cellini opens Park Ave. location111608waldorf06JOW

Tue, 18 Jul 2017 22:57:37 -0400

Jeweler and fine watch retailer Cellini will open at the base of the office building at 430 Park Ave. The 2,914-square-foot space has 107 square feet of frontage that wraps the southwest corner of East 56th Street. It is also up the avenue from the Waldorf Astoria Hotel, where Cellini had been a staple before...

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Your next real estate broker could be a robotstk150362rke.jpg

Tue, 18 Jul 2017 22:00:28 -0400

Get ready for the rise of the real estate robots. Big data and artificial intelligence are starting to be used to sell pricey residential real estate — and that is likely to be bad news for brokers. At one company that recently began using real estate robots, an Alexa-like tabletop box can answer nearly any...

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Hoarder’s lair is the stuff of nightmarestexas-mannequin-house-8

Tue, 18 Jul 2017 14:52:57 -0400

It’s raining mannequins. At least inside a sprawling Texas mansion, those 7,400 square feet are filled to the rafters with furniture, art, tchotchkes, taxidermy and, yes, mannequins. Dummies in various stages of undress pose in corners, sit at the kitchen counter, and literally hang from the ceilings. One even guards the front gate. The five-bedroom...

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Commercial real estate could be in better shape than expectedshutterstock_114734446

Tue, 18 Jul 2017 06:12:43 -0400

Are commercial real estate people feeling edgier about the office leasing market than they say? A few weeks ago, we wrote that several high-profile dealmakers were uneasy about future Manhattan space absorption despite today’s current strong market. They asked not to be named for reasons that will be clear in a moment. So we kept...

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Westfield displays questionable Sistine Chapel replica at OculusMichaelangelo's Sistine Chapel at Oculus Plaza - VIP Preview

Tue, 18 Jul 2017 01:34:04 -0400

We have no idea, none whatsoever, why Westfield thought it was a great idea to plunk down a tacky “UpClose: Michelangelo’s Sistine Chapel” exhibition on the floor of the World Trade Center Oculus. Described as “a way to engage with the master works of art like never before,” it offers reproductions of 34 of the...

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These doctors’ offices are designed to make you healthier

Mon, 17 Jul 2017 18:51:46 -0400

For too long, doctors’ offices have been equated with sterile decor that not only looks cold, but also causes patients to feel anxious, like they’re in a hospital. A group of clinics around town now boast spiffy, homey interiors that help patients feel more at ease when it comes to medical appointments — all in...

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Live next door to SJP and Matthew Broderick for $34.5M"Divorce" New York Premiere

Mon, 17 Jul 2017 10:12:51 -0400

Another big mansion sale is heading for “New York’s hottest block.”

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