Residential
HAVE YOU HEARD? Fashion designer cuts price on Gramercy townhouse
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HEDI SLIMANE Photo by Matt Baron/BEImages FASHION designer Hedi Slimane has shaved $7 million off the Gramercy townhouse he’s been trying to sell
Featured
Most year-end market reports loosely align, showing growth and contraction
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By Orlando Lee Rodriguez As is tradition during the month of January, a slew of real estate organizations released their year-end reports and New Year forecasts.
Featured
Homes in ‘gayborhoods’ cost more than others
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In many real estate markets throughout the nation, gayborhoods– neighborhoods with the reputation of providing safety and inclusivity to LGBTQ residents
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Computer reboot could spell chaos for rent regulated owners
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Rent regulated building owners are bracing of a massive systems failure as the state reboots its Annual Rent Registration system (ARRO).
Construction & Design
Festival puts focus on farm for public housing
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One of the first models in the nation of a working farm on public housing property is open to visitors as part of the month-long Archtober design festival
Deals & Dealmakers
Avison Young opens Hartford, CT, office
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Avison Young has opened a second Connecticut office in Hartford, CT, as the real estate services firm continues its march towards global saturation.
Lawsuits
Law firm CSG opens new office at 11 Times Square
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New Jersey-based Chiesa Shahinian & Giantomasi PC has opened a new office in Manhattan at 11 Times Square. 11 Times Square The company signed a lease
Deals & Dealmakers
HSP secures $53M bridge loan for Penn Plaza office
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JLL arranged a $53 million bridge loan for Chelsea Square, a 113,629 s/f boutique office property in the Penn Plaza submarket of Manhattan.
Deals & Dealmakers
REBNY offers its members energy efficiency education programs
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JAMES WHELAN The Real Estate Board of New York (REBNY) launch Creating & Capturing the Value of Real Estate Sustainability in NYC, an energy efficiency
Views
How the SLA hurts New York Cityʼs restaurant industry
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By Steve Rappaport, Sinvin Realty The restaurant business is New York is thriving. Fueled by media attention, going to dinner is a cultural phenomenon.
Retail
Corcoran’s Paul Wexler marketing retail at One United Nations Park
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Solow Building Company has appointed Paul Wexler at The Corcoran Group to market the two retail spaces at One United Nations Park, the new luxury residential
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City seeking answers as retail suffers a decade of decline
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The rate of retail space becoming vacant in New York City has shot up by 50 percent in the span of one decade, according to a new report on the state of