Category : Featured

Brokers WeeklyFeatured

Norman’s novel situation is a winner

REW Staff
by REW Staff
By Liana Grey For brokers that handle swanky new condos or TriBeCa lofts, the sale that landed Norman Horowitz REBNY’s Deal of the Year Award … Continued
Deals & DealmakersFeatured

Thinking small, deals lining up at 150 East 52nd

REW Staff
by REW Staff739
Deals are lining up at 150 East 52nd Street. Since taking over the agency work at the building in recent weeks, a team from the real estate services company Jones Lang LaSalle says that it already has two leases in the works and expects more on the way.
FeaturedResidential

Kids, pets welcome

REW Staff
by REW Staff1074
By Liana Grey Jamella Swift, a broker at Citi Habitats, lives in Bedford-Stuyvesant, Brooklyn, and often handles listings there. Lately, she’s sold a handful of two-bedroom condos and brownstones to young professionals ready to start families. The neighborhood’s quaint historic district is particularly attractive to parents priced out of Park Slope. The average apartment in Bed Stuy — currently the most-searched Brooklyn neighborhood on Trulia — is listed at $478,732.
Deals & DealmakersFeatured

Plain Jane is a $30M hottie

REW Staff
by REW Staff1024
A plain Jane property netted $30 million in an off-market trade co-ordinated by Cignature Realty founders Lazer Sternhell and Peter Vanderpool. The 97,000 s/f Garment District building at 256 West 38th Street was purchased by a limited liability company from Chanukka 26, LLC, according to city records. According to Sternhell, the mixed-used building, like its neighbors, has become a hot commodity as investors look to get a foothold in the emerging West Side.
Deals & DealmakersFeaturedHeadline

Billion dollar business back in New York

REW Staff
by REW Staff952
By Liana Grey This past quarter was the best Massey Knakal has seen since the end of 2008, when Lehman Brothers collapsed and the market stalled. At a breakfast meeting on Tuesday morning, chairman Bob Knakal announced that property sales had increased by 22% over the last year. “We’ve seen $19.2 billion in sales so far, four times what the sales volume was in 2009,” said Knakal. Citywide, properties sold on average for $12.3 million, just under the average at the peak of the boom.
Deals & DealmakersFeaturedResidential

Teaching to the converted

REW Staff
by REW Staff947
BHS SELECT leader Shlomi Reuveni has broken the bogey hovering over New York's housing market, selling 75% of the Stahl Organization's pricey Laureate in just six months. As he gets set to tackle his next big project, Read57 in Tribeca, Reuveni reveals that there is no big secret to his success ...