Category : Residential

FeaturedResidential

New York brokerage bigs band together in MLS fight

REW
by REW1334
The Real Estate Board of New York has struck a deal with the city’s top residential brokerages to establish a syndicated feed of residential listings. The agreement creates REBNY’s exclusive Residential Listing Service, a centralized feed of residential sales and rental listings across the city. The new service appears to...
LeFrak releases renderings of Murray Hill hotel-to-rental conversion
Residential

LeFrak releases renderings of Murray Hill hotel-to-rental conversion

REW
by REW2115
LeFrak is set to convert the former Affinia Hotel in Murray Hill into a luxury rental building. The developer just released renderings of the Murray Hill Marquis, a 37-story hotel-to-rental conversion at 150 East 34th Street. The property will be converted  by affiliates of LeFrak, which is growing its portfolio of...
DONE DEALS: Roundup of the week in residential sales
Residentialuncategorized

DONE DEALS: Roundup of the week in residential sales

REW
by REW2995
Citi Habitats agent Donna Kreeger recently turned what was originally a rental transaction, into a lucrative sales deal – that ended up working out perfectly for both buyer and seller. The duplex condo at 313 West 119th Street in Harlem was originally listed by Kreeger as a rental for $6,995 per...
Residential

Court awards Douglas Elliman $5M after finding William Raveis poached its agents

REW
by REW1692
Douglas Elliman Real Estate has won a nearly $5 million settlement against William Raveis  for poaching agents from its Armonk office. Following a four-week trial, a  jury found that Raveis and former Douglas Elliman  manager Lisa Theiss schemed, in early 2015 while Theiss was a manager in Elliman’s Armonk office (pictured top) to  move a dozen...
FeaturedResidential

Live, work, play a moving target for developers

REW
by REW1945
Live, work, play, a catch-all buzzword that describes places with a wealth of housing, employment and entertainment options, has become a moving target for developers. Eager to appease the ever-expanding millennial workforce, developers are building gigantic monuments of convenience, with whole sections of Manhattan and Brooklyn morphing into mixed-use complexes designed to accommodate...
Residential

Douglas Elliman consolidates at new Riverdale office

REW
by REW1314
Douglas Elliman has opened a new location in Riverdale. The 3,000 s/f office at 3544 Johnson Avenue combines two smaller Elliman offices opened in 2010 and 2012. The 30 current agents will move into the new, with room for future expansion. “Riverdale is a beautiful and convenient place to live...
FeaturedResidential

Renters go fishing for deals as apartment concessions soar

REW
by REW1884
Encouraged by numerous reports about New York City’s softening rental market, tenants are now engaging in their own form of real estate speculation. At open houses and viewings across the city, renters are looking for a better deal in spite of being locked into leases that are about 90 days...
Residential

Shlomi Reuveni lands two new gigs after settling with TOWN

REW
by REW2066
Veteran new development expert Shlomi Reuveni has announced his first gigs since launching his own firm. Reuveni Real Estate has begun marketing of Nine52 in Hell’s Kitchen and Vantage in Murray Hill, both new development condominium conversion projects developed by Gaia Real Estate. Nine52 is located at 416 West 52nd Street...
WHO’S NEWS: Patrick Smith leads Strilbing into LIC; Tamir Shemesh returns to Elliman
Residential

WHO’S NEWS: Patrick Smith leads Strilbing into LIC; Tamir Shemesh returns to Elliman

REW
by REW3054
Stribling & Associates announced that new development specialist Patrick W. Smith has joined the firm to help launch its presence in Long Island City. Previously an Executive Vice President with real estate consultancy Nancy Packes, Inc., Smith specialized in the creation of market reports, research and marketing for high-end residential developments....