Category : Residential

Residential

Celebrity hairdresser Laurent D. sells Tribeca digs

REW Staff
by REW Staff716
CELEBRITY hairdresser Laurent Dufourg has sold his Tribeca homes for $4.4 million, according to city records. Dufourg, who’s dressed the locks of everyone from Uma Thurman to Anna Wintour, listed both 2N and 2S at 168 Duane Street with Corcoran’s Cornelia Dobrovolsky. They were snapped up by an LLC. Dufourg...
Residential

WHO’S NEWS: Warburg adds four new hires; TOWN’s newest office gets sales director

REW Staff
by REW Staff706
Citi Habitats announced that Joe Azar has re-joined the firm as the senior managing director of their East Village office, located at 37 Third Avenue. Azar will lead the office’s agent recruiting and training program. In addition, he will be responsible for increasing this location’s revenue, and volume of exclusive sales and rental listings.
FeaturedResidential

Mortgage rate hikes hit apartment sales

REW Staff
by REW Staff908
While Manhattan’s residential real estate market continues to boom, rising mortgage rates are starting to leave their mark. Contract activity in the third quarter was down 30 per cent, according to Streeteasy’s quarterly report. This downturn is mainly seasonal, and contract activity is still 10% above the third quarter of 2012. But a 15.3% rise in broken contracts in the past quarter indicates that rising mortgage rates have made homes unaffordable for some buyers, Streeteasy noted.
Residential

HAVE YOU HEARD … Heiberger gets inspired; Dolly Lenz snoops on super rich

REW Staff
by REW Staff602
The compelling story of the founder of a Brazilian aid group convinced New York City apartment maestro, Andrew Heiberger, to help. Heiberger’s TOWN Residential brokerage was a sponsor of the annual BrazilFoundation Gala at the Museum of Modern Art last Wednesday. And the day before, Heiberger and TOWN’s Robson Zanetti...
Residential

DONE DEALS: Out-of-towners head to NoMad

REW Staff
by REW Staff893
Buyers are flocking to the new NoMad condo at 241 Fifth Avenue. CORE’s Doron Zwickel is the exclusive agent for the 20-story building, one of the only new developments to go up within the Madison Square North Historic District. Developed by Victor Homes, the 46-unit property has supassed sales expectations...
Residential

NYU starts race to find key to neighborhood equality

REW Staff
by REW Staff715
With an eye to the philosophy that those who live and work together, prosper together, NYU Furman Center for Real Estate has convened a study on racial and economic inequality in the US. The school has recruited some of the nation's top scholars to study the demographics, housing and education that lead to racial and economic inequality.
Developer shows off star of the new LIC
FeaturedResidential

Developer shows off star of the new LIC

REW
by REW1052
The crowds came out last week to celebrate the opening of a 50,000 s/f amenity deck at TF Cornerstone’s 4545 Center Boulevard, the 41-story rental tower on the Long Island City waterfront. Arquitectonica, the award-winning architectural firm, designed the deck and landscaped terrace that sits off the seventh floor of the gleaming new tower.
FeaturedResidential

Chelsea thriving as most neighborly neighborhood in the city

Sarah Trefethen
by Sarah Trefethen897
Nestled between the slow-to-develop former warehouses of the far West Side and the local stops on the C and the 2/3 trains, Chelsea sits just outside the hustle and bustle of Manhattan life. It’s the kind of neighborhood where people live for decades, and brokers say the recent wave of new development has yet to disrupt the neighborhood feel.
Residential

WHO’S NEWS: Beverly Hills broker joins Elliman; Sid Whelan heads to CORE

REW Staff
by REW Staff653
Warren Lewis Sotheby’s International Realty announced that Michael Kawochka has joined the Williamsburg branch as a licensed real estate agent. Before embarking professionally on a career in real estate, Kawochka worked in serveal fields. Customer service has been the common thread sewing them all together. As a project manager at...
Construction & DesignDebt & EquityFeaturedResidential

Canyon funds $31M loan for luxury Chetrit project

REW Staff
by REW Staff680
Canyon Capital Realty Advisors LLC (Canyon) has provided a $31.1 million senior loan for the construction of a new mixed-use project at 10 Bond Street in NoHo. The development team, comprised of a joint venture between SK Development, Ironstate Development, and the Chetrit Organization, plans to begin construction on the site immediately, with project completion anticipated by the first quarter of 2015. Designed by Selldorf Architects, the project will consist of 11 luxury residential cooperative units and a retail condominium.