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DONE DEALS: Roundup of this week’s residential sales
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ROBERT VESCE Citi Habitats agent Robert Vesce helped a young professional couple make the leap from renting to owning. His clients closed on 360 East 88th
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Report: Average residential sales prices hit new highs in 3Q
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Among the New York City home sales transactions completed in the third quarter of 2017, those recorded for cooperatives in Manhattan, Brooklyn, and Queens;
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Court documents show trail of neglect led to fatal East Village blast
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Five people have been arrested in connection with a fatal gas explosion in an East Village building last March. In a press conference on Thursday morning
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New Development: Work underway at Greenpoint condo, Ground broken for HAP rental
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HML Development Work underway at Greenpoint condo Gal Nagar’s HML Developments is developing a boutique condo on the Greenpoint waterfront.
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Lawsuit: Houlihan Lawrence used dual agents to dupe clients
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A class-action lawsuit filed against a leading Westchester brokerage accuses the firm of using “bait-and-switch” tactics to lure clients into forfeiting
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Asset management firm Schroder leases 73,796 s/f space at 7 Bryant Park
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Bank of China has leased 73,796 s/f of space at its 7 Bryant Park tower to Schroder Investment Management North America Inc. CBRE Group, Inc.
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AROUND TOWN: WHF panel on how to start your own business
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MIPIM March 12-15 : Reed MIDEM announced that the 30th edition of MIPIM will be held at the Palais des Festivals in Cannes, France. 26,000 participants
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NGKF sells $112M portfolio for Cantor Commercial Real Estate
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NGKF Capital Markets National Loan Sale Advisory Group announce the sale of CCRE’s $112 million fully-performing, adjustable-rate loan portfolio.
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Black Spruce secures $75M loan for 13-building Chelsea portfolio
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Black Spruce Management has secured a $75 million loan for a 13-building Chelsea multifamily portfolio, according to property records. Photo via City Realty
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Heating oil boss admits siphoning millions of gallons from building owners
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A New York heating oil boss has admitted stealing millions of gallons of fuel from residential, commercial, and municipal customers by shorting their deliveries
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Lorber blames ‘aspirational pricingʼ for slowdown in uber luxury market
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The growth of the ultra-luxury residential market in New York City has seen developers looking to top each other with more and more opulence, from the
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Mezzanine lending funds bridging the gap for great gains
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By Chris Kula and Rab Nalavala, Cole Schotz PC The current real estate and capital markets present many real estate investment groups and developers with