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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: Wed, 13 Dec 2017 13:46:24 +0000

 



Louise Blouin finally sells huge West Village penthouseThe Louise Blouin Foundation Presents The Sixth Annual Blouin Creative Leadership Summit - Day 1

Tue, 12 Dec 2017 23:15:13 -0500

The Red Queen has a deal. Louise T. Blouin, who owns BlouinArtinfo, Art + Auction and Modern Painters, has finally sold off her 4,551-square-foot West Village penthouse apartment. She pocketed $23.7 million for the spacious pad, according to spokesperson Melanie A. Bonvicino. Anne Prosser of Halstead-Douglas Elliman, represented Blouin in the sale, which once had...


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School of Visual Arts renews lease in Gramercy Parkvisarts

Tue, 12 Dec 2017 23:06:08 -0500

The School of Visual Arts has renewed its 80,000 square feet at 380 Second Ave. on the southeast corner of East 22nd Street three years ahead of time. The entire second, fifth, seventh and eighth floors of the 10-story building are used for its central library, graduate school and undergraduate school. An early renewal provides...


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Retailers reaching out for soon-to-be closed Midtown Niketown091810Niketown4wf

Tue, 12 Dec 2017 23:00:52 -0500

The Trump Organization may soon have to deal with a shuttered Niketown — but the bucks will keep flowing at the 6 E. 57th St. location adjacent to Trump Tower. Nike will close there in March and expects to open its new store at 650 Fifth Ave. next November. But the athletic apparel giant picked...


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Portion of ABC Carpet building sold as part of $133M dealKL4398243

Tue, 12 Dec 2017 19:42:20 -0500

Normandy Real Estate Partners has closed on the purchase of a portion of the ABC Carpet & Home building at 888 Broadway — as well as the long-term leasehold of the adjacent 38 E. 19th St., which runs entirely behind it through the block to 35 E. 18th Street. Pricing was $93 million for the...


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‘Dexter’ star shells out $4M for new Upper West Side lair2016 CFDA Fashion Awards - Arrivals

Tue, 12 Dec 2017 16:40:49 -0500

The Upper West Side’s famed El Dorado building may have lost Bruce Willis as a resident, but it just gained Michael C. Hall. The Golden Globe-winning actor — best known for his roles in “Six Feet Under” and “Dexter” — and his wife Morgan just bought a 10th-floor unit in the landmarked art deco building, located at...


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Someone will get this $2.6M mansion for just $14

Tue, 12 Dec 2017 14:46:50 -0500

A British bigwig is raffling off his $2.6 million mansion — complete with a Rolls Royce and fully stocked wine cellar – for just $14 a ticket. The anonymous millionaire is giving away his 10-acre Devon estate because he thought “selling the house through a competition would be a fun thing to do,” Metro UK...


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BT Americas nabs rare space in 11 Times Square11ts

Mon, 11 Dec 2017 23:49:50 -0500

BT Americas, a global telecommunications company, is the newest office tenant at SJP Properties’ 11 Times Square. The firm signed a lease for 14,200 square feet in one of the few available spaces in the tower, which boasts 1.1 million square feet. The tenant is moving from the New York Times building across the street....


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Hong Kong investor got a really good deal on Standard Hotelshutterstock_305942315

Mon, 11 Dec 2017 23:43:41 -0500

Hong Kong-based investor Goodwin Gaw snatched up the High Line-straddling Standard Hotel for even less than the dramatically discounted price The Post first predicted last summer. Gaw paid only $323.2 million for the revenue-sliding hotel, according to NYC Department of Finance records. That’s shy of the $340 million we forecast in an Aug. 8 story...


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Two Trees Management having banner year with Brooklyn waterfront leasesDumbo

Mon, 11 Dec 2017 23:35:26 -0500

Office-space creation is rampant along and near the Brooklyn waterfront. While brand-new projects command lots of attention, the Walentas family’s Two Trees Management is enjoying a banner leasing year at three Dumbo buildings it has owned for 40 years. Two Trees’ 45 Main St., 55 Washington St. and 20 Jay St., near the base of...


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‘Most expensive’ city townhouse under contract

Sun, 10 Dec 2017 20:01:52 -0500

An Upper East Side manse featuring its own red velvet-lined movie theater, swimming pool and even a panic room is under contract — and set to become the most expensive townhouse ever sold in the city. The Versailles-style behemoth at 12 E. 69th St. — totaling 20,000 square feet over six floors — has an...


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City cashing in by selling streets, sidewalks to private ownersnyc-streets-

Sat, 09 Dec 2017 21:02:32 -0500

The city is literally selling itself. Public streets and sidewalks are routinely sold to institutions and deep-pocketed real estate interests in a little-known practice that takes them off the official City Map and transforms them into private property. The city got more than $35 million from nine street deals in the past four years, according...


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FAO Schwarz is finally coming back to MidtownFAO SCHWARZ

Thu, 07 Dec 2017 23:00:41 -0500

FAO Schwarz will return to Midtown Manhattan next fall in a smaller space but one definitely big enough to accommodate its iconic Walking Piano. The high-end toy retailer exited its flagship store in the General Motors Building on Fifth Avenue over rent issues in July 2015. Its next location will be 19,000 square feet —...


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Ad man infamous for sex-filled campaigns lists sleek penthouse

Thu, 07 Dec 2017 01:49:19 -0500

Art director Sam Shahid — best known for the controversial ’80s ads featuring a sexualized Brooke Shields, then just a teenager, in Calvin Klein jeans — is listing a penthouse at 165 E. 60th St. for $3.5 million. The Upper East Side apartment belonged to his late sister; Shahid himself still lives in a separate...


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Gurney’s sells Hamptons homes toured by Lady GagaGurneys163.JPG

Thu, 07 Dec 2017 01:45:06 -0500

The sales of two units at the Residences at Gurney’s in Montauk, a project Lady Gaga scoped out over the summer, have closed. Both were asking $2.3 million. Barbara Corcoran protégé Scott Durkin was named president of Douglas Elliman; Dottie Herman will remain CEO. Real estate developer/art collector Moishe Mana threw a blowout bash Wednesday...


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NYC mansion so big it was called a ‘suburb’ slashes price

Thu, 07 Dec 2017 01:42:11 -0500

Private equity honcho Mark Zittman and his wife Noelle have dropped the price of their mansion at 2 North Moore St. in Tribeca to $34.5 million. It was originally asking as much as $48 million in 2014 — double the $24 million they paid for the 11,300-square-foot home when The Post outed the Zittmans as...


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Soho co-op board stops J.Lo from shooting movie in penthouse100730_95greenePHabcd_0160-Edit.jpg

Thu, 07 Dec 2017 01:37:37 -0500

It’s a no go for J.Lo. The condo board at 95 Greene St. in Soho has filed an injunction in bankruptcy court to block celebrity photographer Ken Nahoum from renting his penthouse there for a movie shoot. Jennifer Lopez had planned to film the forthcoming comedy flick “Second Act” at the home from Dec. 4...


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Bethenny Frankel snaps up second Hamptons retreat

Thu, 07 Dec 2017 01:31:21 -0500

Reality TV queen Bethenny Frankel, the Bravo Real Housewife and founder of the Skinnygirl cocktail and snack brand, has bought herself a new East End home. It’s a charming former bed-and-breakfast at 2623 Montauk Highway in Bridgehampton that was known as the Morning Glory House. The seven-bedroom, 5½-bathroom home, built in 1910, measures 4,239 square...


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New York City looks miniature in these mesmerizing photos

Thu, 07 Dec 2017 01:26:26 -0500

Ever want to hold New York in the palm of your hand, snow globe-style? Belgium-based shutterbug Jasper Leonard photographed the Big Apple using the tilt-shift technique in his new book — which renders the cityscapes he captures enchantingly miniature. Leonard, 31, shares some fun facts about his November release, “New York Resized” ($16.95; Lannoo Publishers)....


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The joys of living in New York’s utopian planned communities113017tudorAW20.jpg

Thu, 07 Dec 2017 01:22:52 -0500

In 1932, Frank Lloyd Wright, America’s greatest architect, unveiled a suburban model town he called Broadacre City. Like many utopian plans, it included everything from monorails (for easy transport) to prefabricated housing (for quick setup and lower costs). Though no Broadacre City was ever built, in 1947, a disciple of Wright’s founded a planned community...


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Iconic Brooklyn sign taken down after 50 years

Wed, 06 Dec 2017 21:00:07 -0500

Watch closely — because you might not see it again. The Watchtower sign, a Brooklyn waterfront icon for 50 years, was taken down on Wednesday from atop the former Jehovah’s Witnesses building at 30 Columbia Heights. The Watchtower Bible and Tract Society is moving to upstate Warwick. The nonprofit sold five Dumbo buildings last year...


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