Category : Blog

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DONE DEALS: Roundup of the week in residential sales

REW Staff
by REW Staff
At 1111 Park Avenue, in Carnegie Hill, a home was listed for the first time in over 40 years. Nestled in the heart of Carnegie Hill’s Historic District, peeping through tree branches, the elegant original nine-room apartment has a gracious and generous layout with timeless style. Originally listed for $5,395,000, the buyer closed on the …
Report: New York City sees five-year surge in institutional construction
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Report: New York City sees five-year surge in institutional construction

REW Staff
by REW Staff
New York’s institutional sector has been on a five-year building tear. Schools, hospitals, cultural centers and houses of worship broke ground on $20 billion worth of construction and renovation projects in the city between October 2012 and September 2017, according to a report compiled by the New York Building Congress. More than $4 billion of …
Soho scaffolding collapse injures five, draws criticism from city councilman
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Soho scaffolding collapse injures five, draws criticism from city councilman

Kyle Campbell
by Kyle Campbell826
City councilman Ben Kallos has criticized rules that allow scaffolding to slight city streets longterm after a shed collapsed in Soho on Sunday injuring five people. “Scaffolding that is meant to protect residents should not be up long enough that it needs to be inspected over and over again year after year,ˮ...
LIC craft brewery Transmitter signs lease in Brooklyn Navy Yard building 77
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LIC craft brewery Transmitter signs lease in Brooklyn Navy Yard building 77

REW Staff
by REW Staff
A Queens microbrewer is tapping into Brooklyn’s thriving craft beer market. Transmitter Brewing will relocate from Long Island City to the Brooklyn Navy Yard after signing a lease for an 8,165-sf space at the newly renovated Building 77. Newmark Knight Frank agents Jordan Gosin and Brett Bedevian represented Transmitter in the deal while the Brooklyn Navy Yard …
CBRE to manage $200M renovation of New York Public Library’s Mid-Manhattan branch
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CBRE to manage $200M renovation of New York Public Library’s Mid-Manhattan branch

REW Staff
by REW Staff
CBRE has been named project manager for the renovation of the  New York Public Mid-Manhattan Library. The team of Frank Alvarado, Bret Keeney, Chris Van Cleef, and Michael Gellis  were picked via a competitive selection process to managed the  renovation of the 165,000 s/f building across the street from the  landmark NY Public Library on …
REBNY to Honor Chuck Schumer for Excellence in Public Service
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REBNY to Honor Chuck Schumer for Excellence in Public Service

REW Staff
by REW Staff
On January 18, 2018, at REBNY’s 122 nd Annual Banquet at the New York Hilton Midtown, we will honor United States Senator Chuck Schumer with the prestigious John E. Zuccotti Public Service Award. There is no public official more deserving than Senator Schumer of this award in honor of our former Chairman’s tremendous contributions to improving the well-being …
Blog

Done Deals: Roundup of the week in residential sales

REW Staff
by REW Staff
Rutenberg NYC agent Melanie Siben just set a new pricing record on Sutton Place. She sold the one bedroom unit 12E at 36 Sutton Place … Continued
SL Green sells 600 Lexington Avenue for $305 million
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SL Green sells 600 Lexington Avenue for $305 million

REW Staff
by REW Staff
SL Green Realty Corp. announced they have agreed to sell 600 Lexington Avenue for $305 million. The City’s largest landlord announced the deal in a press release today.  The buyer was a U.S.-based insurance company, according to a spokesperson for SL Green. Darcy Stacom of CBRE represented SL Green in the deal. The 36-story, 303,515 s/f …