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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: Sat, 29 Apr 2017 23:10:06 +0000


New York City has never been better than it is todayBX064_22D6_9

Sat, 29 Apr 2017 09:59:27 -0400

In a single week earlier this month, I dined at three great restaurants in what was once the culinarily bleak Financial District, rode the J train through formerly scary neighborhoods to a family occasion in Richmond Hill, Queens, and checked out beautiful new buildings in a rejuvenated block of Harlem. The old Gotham matters a...

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People are freaking out about this emoji buildingemoji-building

Fri, 28 Apr 2017 16:32:40 -0400

Frowny face! A new building in the Netherlands features 22 emoji faces — from the heart-eyed smiley to the tongue-sticking-out winker — on its façade. The structure, which faces a leafy square in the city of Amersfoort, has shops on the ground floor and apartments above. Though it finished construction in 2015 and move-ins started...

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Urbanspace signs lease at landmark Art Deco office tower570 lex ave

Thu, 27 Apr 2017 22:46:06 -0400

Well-curated dishes from many lands will soon replace Peking duck at 570 Lexington Ave., the landmarked Art Deco office tower that was long home to Mr. K’s, the pricey but faded Chinese dining temple. Urbanspace has signed a 11,400 square-foot lease for what will be the high-end, fast-serve food hall’s second location in East Midtown,...

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Buy the Brooklyn townhouse where Barack Obama livedbarack-obama-brooklyn-house

Thu, 27 Apr 2017 13:50:53 -0400

Barack Obama will forever be known as a resident of the White House, but let’s not forget the New York City homes where he resided during his formative years. It’s known that during his junior year at Columbia University, Obama lived in a two-bedroom, one-bathroom unit at 142 W. 109th St. (It’s been up for...

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‘House of Cards’ star looking to unload million-dollar pad

Wed, 26 Apr 2017 22:15:01 -0400

If you follow “House of Cards” on Netflix, you probably feel uneasy watching Michael Kelly’s stellar performance as creepy Doug Stamper, a political operative/chief of staff with an alcohol problem who would kill (literally) for his presidential boss. In reality, though, Kelly is a family guy who, together with his wife, Karyn Mendel, has listed...

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A tough sales market dents even Manhattan’s toniest trophy towers1

Wed, 26 Apr 2017 21:37:11 -0400

Over the last few months, a shift has reverberated across the sales market. There is stress on development sites, stress on retail condos and stress on hotels. “It’s not a bloodbath, but people are bleeding,” says one broker requesting anonymity. “You can’t get a construction loan, you can’t get a partner, and you can’t get...

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Cable exec wants to change her home station

Wed, 26 Apr 2017 20:44:01 -0400

That Melinda Witmer, a top Spectrum cable exec, is selling her renovated Tudor home in Scarsdale, NY, for $4.28 million. Witmer was ranked one of the top 100 women in entertainment by the Hollywood Reporter in 2013; at that time, she managed $5 billion and 34 channels for Time Warner Cable, which Spectrum swallowed in 2016...

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Snowboarder Shaun White’s selling his NYC penthouse

Wed, 26 Apr 2017 20:36:05 -0400

There’s no skateboarding ramp at this East Village penthouse — and no room for a snowboarding course either — but it sure comes with some inspiring vibes. Gold medal-winning Olympian snowboarder Shaun White, who’s also a master of freestyle skateboarding, has put his apartment at 425 E. 13th St. on the market for $2.79 million....

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The oddball views New Yorkers clamor to enjoy from homeNYC Secret Sculpture

Wed, 26 Apr 2017 20:26:59 -0400

Kew Gardens isn’t known as the city’s most scenic locale, but that doesn’t mean there’s nothing to look at. Like, say, airplanes. Smack-dab between LaGuardia and JFK, the Queens neighborhood is a prime spot for flight fans, notes Dyana Buttacavoli, who, with her husband Matthew Miller, rents a one-bedroom in the area. On a recent...

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First-floor condo in Joan Rivers’ old haunted house for saleJoan Rivers

Wed, 26 Apr 2017 19:48:39 -0400

“Mrs. Spencer” — the ghost said to inhabit the limestone mansion where the late, great Joan Rivers occupied the penthouse triplex — might soon have new people to haunt. A one-bedroom duplex condo in the building is back on the market for $4.25 million. (That’s down from its $6 million asking price in 2015.) The...

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Trump exploring plan to ‘recycle’ infrastructureinfra

Tue, 25 Apr 2017 23:39:07 -0400

An Australian program that “recycles” infrastructure to public-private partnerships and frees up capital for new projects is one model the Trump administration is exploring to beef up US needs. Two of President Trump’s good friends, both well-respected New York developers and co-chairs of his infrastructure council, Steve Roth and Richard LeFrak, laid out some of...

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NYC’s property tax assessment system is unconstitutional: suit081916court18CS

Tue, 25 Apr 2017 23:21:03 -0400

A group that includes Related and the Durst Organization has sued in State Supreme Court to get the city’s cockamamie property tax assessment scheme kicked to the curb. Tax Equity Now New York (TENNY) claims the current law and its implementation violate the equal protection and due process clauses of the New York and US...

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‘Homeless billionaire’ buys $40M houseBerggruen Holdings Chairman Nicolas Berggruen Interview

Tue, 25 Apr 2017 18:23:11 -0400

Investor Nicolas Berggruen — who was known for years as the “homeless billionaire” because he didn’t own a house and crashed in five-star hotels across the world — continues to settle down. Berggruen, who now owns homes in New York and Los Angeles, just spent more than $40 million for a sprawling LA mansion that...

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NYC’s retail market continues to take prisonersSephora beauty store in the Oculus in New York

Tue, 25 Apr 2017 10:04:02 -0400

The more than two dozen chain and department store restructurings and closures announced this year have sent ripples across America. But while locals may be worried, New York City has not yet been too adversely affected. During the past six months — while powerful brands like Nike, Victoria’s Secret and Foot Locker have grabbed NYC...

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Developers are betting big on energy-saving buildings120West45Street1.JPG

Tue, 25 Apr 2017 10:03:13 -0400

In the past, institutional investors would qualify managers by investments and returns, according to Tony Liou, president of Partner Energy. “Now it is, ‘What is your sustainability plan?’ ” Liou says. “They want to know what you are going to do to make [a building] more sustainable.” Liou’s firm recommends energysaving measures to building owners,...

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Magic Johnson wants to rebuild America’s infrastructureMagic Johnson Rookie Event 2016

Tue, 25 Apr 2017 03:58:56 -0400

Magic Johnson hopes he still has the scoring touch. The NBA great said Monday he has millions of dollars in an infrastructure investment fund — and is looking to put it to work around the world. The fund is scouting out partners and projects, the three-time MVP said. Johnson, chairman and CEO of Magic Johnson...

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This West Village market is giving a new face to retailClover Grocery exterior 1.jpg

Tue, 25 Apr 2017 02:59:24 -0400

Typically, when a restaurant strikes success, it debuts new locations; opening a storefront is far less common. This month, however, the health-conscious Cafe Clover — a 62-seat West Village eatery — marked a brand expansion with the debut of the 990-square-foot Clover Grocery a few doors away. Customers can buy packaged foods there, but the...

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So many NYC museums are expanding right nowNYHS North Gallery-3.jpg

Tue, 25 Apr 2017 02:01:08 -0400

New York’s museums are on a building tear, hiring A-list architects, cajoling zoning boards, pursuing donations and adding dazzling new features. From Harlem, where the Studio Museum’s creating a new building, to a residential Dumbo development, where the Brooklyn Children’s Museum recently opened a satellite, the city’s awash in fresh projects. “There’s tremendous pressure on...

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VR tours put the ‘real’ in real estatePowerPoint Presentation

Tue, 25 Apr 2017 01:21:37 -0400

New technology and cutthroat competition for tenants have infused commercial real estate projects in New York and beyond with a hefty dose of virtual realty. Trying to picture a new building from its “hero shot” — most powerful rendering — and prospective floor plans isn’t always enough to lure multinational companies to commit millions of...

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