A big-ass deal led Manhattan’s luxury signed contracts last week. J. Carey Smith, a Texas-based entrepreneur known for launching “Big Ass Fans” and “Big Ass Lights,” found a buyer off-market for his townhouse at 11 West 12 Street, according to Olshan Realty’s weekly report. The home, which entered contract asking $27 million, was the priciest […]
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The State Department warned of the potential for demonstrations against Americans overseas because of U.S. intervention in the Israel-Iran conflict. What you need to know.
President Trump, aware of how high gas prices could affect his popularity, demanded on social media that the U.S. “KEEP OIL PRICES DOWN.”
A long-vacant development site near the High Line once owned by Brandon Miller has found a buyer, almost a year after the developer’s tragic death. Toll Brothers is in contract to buy 118 10th Avenue in Chelsea from Benny Barmapov, a source familiar with the deal said. The contract price is $53 million. The Pennsylvania-based […]
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After a decade-long fight, the city is leaving the Elizabeth Street Garden intact. First Deputy Mayor Randy Mastro on Monday announced in a virtual news briefing that the city has, instead, reached an agreement with Council member Chris Marte to rezone three other sites that would net 620 affordable units, or more than 400 apartments […]
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Comments from two officials, both appointed by President Trump, suggest a split among policymakers.
A major test case of the legal viability of rent stabilization in parts outside of New York City tipped the scales in favor of tenants. The New York Court of Appeals upheld the vacancy study held by the city of Kingston, the Times Union reported. In turn, the city’s decision to reduce the rent of […]
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Beijing is one of Tehran’s most important economic partners. But experts question how much China will help Iran if it retaliates against the United States.
You probably didn’t wake up this morning and wonder if Trammell Crow will build more than 99 rental units at 126 Lafayette Street. But the firm’s decision will tell us a lot about the future of the city’s multifamily development. The international real estate firm took control of the vacant site last week by paying […]
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There were 158 deals recorded, totaling about $512 million, in New York City on June 20. 🏆Residential: The top residential deal in New York City was for a sponsor condominium unit at JDS Development and PMG’s 111 West 57th Street along Billionaires’ Row. Jin Wang and Mingju Li paid $11 million for the unit, which […]
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