Category : Residential

PHOTO GALLERY: The William hotel open house
Photo GalleryResidential

PHOTO GALLERY: The William hotel open house

REW Staff
The William, a brand new luxury extended-stay hotel, hosted it’s first open house last night and raffled off two free nights. In a creative marketing effort, Living New York hosted an exclusive broker open house recently to introduce The William, a 33-unit brand new, modern extended stay hotel located near Bryant Park at 24...
Residential

WHO’S NEWS … at Homes by Marra, TOWN, Douglas Elliman and aptsandlofts

REW Staff
Syosset’s Homes By Mara Realty has welcomed Rosalinda Silver as its newest licensed salesperson. As a Dix Hills resident who grew up in the Dominican Republic, part of Silver’s new role is to broaden the agency’s reach to the Dix Hills and greater Huntington Township while using her bilingualism in...
Construction & DesignFeaturedResidential

Apartment builders in $2B Brooklyn land rush

REW Staff
Apartment builders bought nearly $2 billion worth of Brooklyn land last year in a rush to meet demand for apartments in the borough. According to the commercial brokerage Ariel Property Advisors, development site sales in Brooklyn increased 21 percent year-over-year to 301; the number of properties traded rose 35 percent to 520, and the dollar volume of those trades jumped 45 percent to $1.8 billion. The firm’s Daniel Tropp, “Bushwick and Bedford-Stuyvesant, for example, saw prices for some development sites more than double the 2012 average price per buildable square foot.”
Construction & DesignDebt & EquityResidential

Harlem rental from HAP

REW Staff
HAP Investments LLC, a New York based international real estate investment and development company, is in contract to buy 247-249 East 117th Street. The seller is PGC New York 1 LLC. 247-249 East 117th Street is located on the north side of East 117th Street, between 2nd and 3rd Avenues...
Debt & EquityResidential

Bank arranges $30M loan for new waterfront complex

REW Staff
First Niagara’s Commercial Real Estate Group announced closing on a $30 million loan with National Resources for construction of a 100-unit luxury apartment building at Edgewater Harbor, a 24-acre mixed-use community located on the Hudson River waterfront in Edgewater, NJ. The loan will also finance construction of a parking garage...
Residential

NEW DEVELOPMENT: 710 Riverside, The Larstrand, Philip House, The View

REW Staff
● warburg realty New-look 710 Riverside makes debut The Park Collection rings in the New Year with 710 Riverside Drive, an addition to the Harlem pre-war condo portfolio. The six-story, full-amenity conversion at Riverside Drive and 148th Street brings offers homes with high ceilings, hardwood floors, crown moldings and views...
Construction & DesignResidential

Gale blows into Flatiron with luxurious new tower

REW Staff
Development firm Gale International is diving into the New York City luxury condo market with 21W20, a boutique condo building in Flatiron that, among other features, will boast 100-foot wide homes. The ground-up development on West 20th Street between 5th and 6th Avenues will have just 12 units, including three penthouses and nine “tower” units. “We’ve had quite a bit of interest,” said Stan Gale, Jr. of the project. “Almost to the point we were turning people away.”
Residential

HAVE YOU HEARD: Alexander brothers $90M contract; Emery Roth’s mansion for sale

REW Staff
Douglas Elliman’s Oren and Tal Alexander have signed a $90 million-plus contract for the 20,500 s/f mansion at 19 East 64th Street. The buyer is the state of Qatar, which plans to use the building as a consulate. The seller is the Wildenstein family, which currently operates a gallery from...
Residential

DONE DEALS: Big profit for return client

REW Staff
Wald Real Estate agent Laura Gruber helped a longtime client land a sweet deal — nearly a quarter century after she helped him buy his first Central Park West home. Gruber repped the seller of combined apartments 27Q and O in condo building The Century, at 25 Central Park West....
Photo GalleryResidential

Elliman brokers view 50 UN Plaza

REW Staff
[slideshow id=243] Zeckendorf Development hosted a Douglas Elliman broker viewing of 50 United Nations Plaza, on January 22, 2014. The 88 luxury condominium residences are located at East 46th and 1st Avenue adjacent to Dag Hammarskjold Plaza and one block north of the United Nations Secretariat building. 50 UN Plaza...