Category : Residential

Residential

Developer close to storybook ending

REW Staff
by REW Staff687
By Al Barbarino It’s a Story House with a storied past. It once housed the publishing company that brought Peter Rabbit out of his hole over a century ago. Now, real estate developer Manhattan Skyline has converted 36 East 22nd Street into eight full-floor loft condominiums, designed by the Stephen B. Jacobs Group.
FeaturedResidential

High point for New York’s new downtown

REW Staff
by REW Staff1856
By Sarah Trefethen Lower Manhattan isn’t just for Wall Street anymore. With a growing residential population and an influx of office tenants in creative services and other industries, the post-9/11 downtown is setting a new standard for urban lifestyles.
Residential

Gallery: “Buying Savvy in Manhattan”

REW Staff
by REW Staff755
On Wednesday, April 25, Prudential Douglas Ellimanand with DE Capital held a “Buying Savvy in Manhattan” seminar at The Whippoorwill Country Club, in Armonk, NY.
PDE’s Jacky Teplitzky in a Sunshine state
Residential

PDE’s Jacky Teplitzky in a Sunshine state

REW Staff
by REW Staff1316
Jacky Teplitzky, a managing director at Prudential Douglas Elliman has expanded her operations in to Florida. She has joined the state’s Douglas Elliman firm as an associate broker. Teplitzky will focus on Miami, where she has already conducted multiple deals, including transactions at Jade Ocean and Epic, two of the...
Citizen of the space age
Residential

Citizen of the space age

REW Staff
by REW Staff736
By Sarah Trefethen Comfort and convenience are selling points at the Citizen, a new 16-story condominium on 23rd Street from Anbau Enterprises. The 29-unit building lies between Sixth and Seventh Avenues, blocks from a number of subway lines and halfway between the High Line and Madison Square Park. “Anytime you...
Residential

Look at us now

REW Staff
by REW Staff755
By Liana Grey Last Thursday, New Jersey Governor Chris Christie and developer Richard LeFrak attended a ribbon cutting ceremony for Newport Green, a new playground and park at LeFrak’s master-planned community along the Jersey City waterfront. The park’s completion marks the start of a new phase of development in Newport, following a period of slowed activity during the recession. “Every time I talk to Richard, he’s talking about the next thing,” Governor Christie said at the ceremony
Residential

Lazenby lands new television role

REW Staff
by REW Staff832
The name’s Melanie, Melanie Lazenby. The Prudential Douglas Elliman broker — and daughter of James Bond actor George Lazenby — is starring in her own television show. Called Foundations NYC, and airing Sundays at 1 p.m. on WNBC Channel Four, the show is a spin-off of LX Open House. Lazenby...
Shovel-ready Brooklyn builders have the edge
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Shovel-ready Brooklyn builders have the edge

REW Staff
by REW Staff911
By Liana Grey For four consecutive quarters, the Edge, a pair of waterfront towers in Williamsburg, has sold more units than any other building in the five boroughs — including luxury towers in Manhattan’s trendiest enclaves. In Williamsburg alone, the 565-unit development has accounted for 50% of sales this past quarter, according to a recent report by the brokerage firm MNS. Developer Jeffrey Levine attributes the project’s success to its high-quality finishes, which were once rare in gritty, industrial Williamsburg, as well as the type of buyer attracted to the Second Borough.
Can real estate developers still make a profit?
ResidentialViews

Can real estate developers still make a profit?

REW Staff
by REW Staff1219
By Alexander D. Tuttle, Esq. partner, LePatner & Associates Today’s real estate landscape is a minefield. Lending is scarce and conditioned with onerous terms against borrowers. Cash is reserved on the sidelines for only the sweetest of deals. Investors who have, in the past, demanded home runs, now must be...
Domino effect threatening Williamsburg waterfront project
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Domino effect threatening Williamsburg waterfront project

REW Staff
by REW Staff935
By Liana Grey On a Friday afternoon eight years ago, Isaac Katan, founder of the Brooklyn-based firm, Global Developments, got a call from a friend with major news: the iconic Domino sugar refining plant near the Williamsburg Bridge had just shut down, and was about to be put up for sale. “He told me I had 48-hours to tie up a deal before it went on the market,” Katan recalled. Having developed both affordable housing and market-rate condos in Brooklyn for the past 25 years, Katan had long been aware of the one million square feet site’s potential to transform the Williamsburg waterfront into a luxury destination, with upscale shops, rental units, and a landscaped park.