Category : Residential

NEW DEVELOPMENT: Closings underway at Eichner tower; Lalezarian tops out 515 West 36th Street
Residential

NEW DEVELOPMENT: Closings underway at Eichner tower; Lalezarian tops out 515 West 36th Street

REW
by REW2238
● CONTINUUM COMPANY Closings underway at Eichner tower Closings are underway at Madison Square Park Tower, the new condominium building in the Flatiron district from Bruce Eichner’s the Continuum Company. Madison Square Park Tower stands at 777 feet tall, making it the tallest residential building between Midtown and Lower Manhattan....
Residential

Halstead acquires Madeleine Realty as firm continues Queens expansion

REW
by REW1429
Halstead Real Estate announced it is continuing its strategic expansion in Queens with the acquisition of Madeleine Realty, a Forest Hills firm founded in 1986 by Madeleine Ambron. Madeleine Realty is currently led by her son, Jacques Ambron, who will become executive director of sales for Halstead Forest Hills and...
Residential

DONE DEALS: Roundup of the week in residential sales

REW
by REW1987
Rutenberg NYC’s Jeffrey Fields is enjoying a successful run after selling over $90 million worth of homes in just three weeks. Fields has gone to contract on a $12 million apartment at the Four Seasons Private Residences at 30 Park Place. We are told it was purchased by “a jet-setting...
Residential

NEW DEVELOPMENT: Roseland tops out ARO; Brokers tapped for two-building South Bronx project

REW
by REW2362
● ROSELAND DEVELOPMENT ASSOCIATES ARO tops out in Theater District The 62-story luxury rental tower at 242 West 53rd Street has topped out. Developed by Roseland Development Associates and designed by CetraRuddy, the building, to be called ARO, rises over 700 feet and will have 426 luxury rental residences along...
City move to give tenants legal aid draws ire of landlords
Residential

City move to give tenants legal aid draws ire of landlords

REW
by REW1406
By Sabina Mollot The City Council has voted overwhelmingly to support the right of tenants facing eviction to access free legal representation. In a vote at City Hall last week, 42 Council members backed the new bill, with three opposed and one abstention. Mayor Bill be Blasio praised the legislation,...
Residential

A&E hires Ideal Properties to lease Brooklyn properties

REW
by REW1248
A&E Real Estate Holdings, one of the largest multifamily real estate owner in New York City, has tapped Ideal Properties Group to exclusively lease seven of its Brooklyn properties. Ideal will manage leasing at 100 Lefferts Avenue, 65 Ocean Avenue, 230 Ocean Parkway, 483 Ocean Parkway, 80 Woodruff Ave, 311...
Residential

Douglas Elliman to open new Flatiron District office

REW
by REW931
Douglas Elliman announced plans to expand with a new seventh floor office at 111 Fifth Avenue in the Flatiron District. The 19,500 s/f full-floor space will combine two of the firm’s most successful offices – 26 West 17th Street and 137 Waverly Place – into one location with room for...
Residential

Outer borough deals drive NYC home sales to $13B

REW
by REW922
Outer borough co-ops, condos and multi-family houses are flying off the shelves as an average $3 million price tag forces buyers out of Manhattan. According to the latest report from REBNY — which tracks all recorded deals in the city — sales volume shot up 15 percent to 12,721 in...
Brooklyn and Queens closing price gap with Manhattan
FeaturedResidential

Brooklyn and Queens closing price gap with Manhattan

REW
by REW1502
In a market where bidding wars are less common and owners are quick to embrace price cuts, Brooklyn and Queens are defying gravity. The two boroughs, which have long served as escape hatches for high prices in Manhattan, may soon be less loved by bargain hunters. “Brooklyn has become the new...