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Real estate in Manhattan"s Garment District "skyrockets"

TriBeCa "reigns" as the most expensive neighborhood in New York City, but another neighborhood has shot up to the No. 2 spot. That's according to data compiled by PropertyShark. Despite a 16 percent year-over-year price drop, TriBeCa is still N.....»»

Category: topSource: bizjournalsOct 11th, 2018

Developer Michael Shvo pleads guilty to tax fraud

Manhattan District Attorney Cyrus R. Vance, Jr. today announced former real estate wunderkid Michael Shvo, 45, and his companies, SHVO ART LTD. and.....»»

Category: realestateSource: realestateweeklyApr 26th, 2018

Coca-Cola to sell historic midtown Manhattan building

Coca-Cola is planning to sell an iconic piece of its portfolio — on the real estate side. The Coca-Cola Co. (NYSE: KO) said Monday it hired Cushman & Wakefield (NYSE: CWK) to to sell its building at 711 5th Ave. in midtown Manhattan, commonly kn.....»»

Category: topSource: bizjournalsDec 10th, 2018

Manhattan retail asking rents continue to decline

Manhattan’s most popular retail corridors experienced widespread asking rent declines in the fall of 2018. Out of the 17 high-profile corridors that the Real Estate Board of New York (REBNY) surveys bi-annually in its Manhattan Retail Rep.....»»

Category: realestateSource: realestateweeklyDec 4th, 2018

Kushners buying Manhattan hotel in third such deal this year

The family real estate company once run by Jared Kushner is buying a hotel on the Lower East Side of Manhattan, the third hotel it has purchased this year. The Kushner Cos. said Tuesday that it is... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 21st, 2018

Kushners buying Manhattan hotel in third such deal this year

The family real estate company once run by Jared Kushner is buying a hotel on the Lower East Side of Manhattan, the third hotel it has purchased this year......»»

Category: topSource: foxnewsNov 20th, 2018

Developer Ratner funds free MRI brain scans

Free MRI brain scans are being offered in Brooklyn this week through the Manhattan-based Brain Tumor Foundation's mobile unit. Real estate developer Bruce Ratner, who lost his brother to cancer in... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 13th, 2018

Developer pleads guilty to $58M fraud

White Plains real estate developer, Michael D'Alessio, pled guilty today to operating a years-long scheme to defraud investors in his luxury real estate development projects in Manhattan, the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2018

Billionaire sued over Manhattan property deal

Toms Capital LLC and founder Noam Gottesman were sued for $34 million by a real estate investor who claims the billionaire undermined their joint plans to redevelop a Manhattan warehouse to protect... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 1st, 2018

KKR, IGIS, NPS to acquire prime real estate asset in Gangnam Business District

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 10th, 2018

Gangnam style: KKR to invest in office property in southern Seoul

A group of companies led by KKR & Co will invest in an existing real estate project under construction in the Gangnam district of Seoul, South Korea, hoping to cash in on one of the world's fastest-rising commercial property markets......»»

Category: topSource: reutersOct 10th, 2018

Hudson Square development site hits the market

Trinity Real Estate, the real estate arm of Trinity Church, has put a Manhattan development site it owns near the Holland Tunnel on the market.The church, which owns a collection of commercial office... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 3rd, 2018

Bizzi scores $473M refi package for 125 Greenwich

Developers of a supertall luxury condo building in the Financial District have refinanced the property for nearly half a billion dollars. Bizzi & Partners Development, a global real estate firm, secured $473 million new loans for 125 Greenw.....»»

Category: realestateSource: realestateweeklyOct 3rd, 2018

Japanese investor to sell another Manhattan property at a loss

Japan-based real estate investor Unizo Holdings is closing in on a deal to sell off another Manhattan office property it purchased in recent years. The Related Cos.' fund-management arm and East End... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 2nd, 2018

Brokers Baffled As Manhattan Luxury Housing Rout Spreads To Broader Market

When the first signs of stress in Manhattan's luxury real-estate market started to appear roughly one year ago, we anticipated that the weakness in the high-end would .....»»

Category: blogSource: zerohedgeOct 2nd, 2018

NYC real estate continues to fall

CNBC's Robert Frank reports on Manhattan real estate price cuts as pressure emerges from the top and bottom line......»»

Category: realestateSource: cnbcOct 2nd, 2018

Manhattan real estate is now in a year-long correction

Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, marking the fourth straight quarter of double-digit declines, according to new data......»»

Category: realestateSource: cnbcOct 2nd, 2018

Take a look at our Best Real Estate Projects (PHOTOS)

The Kimpton Sawyer Hotel, towering above Sacramento's new sports and concert arena and a developing district of high-end restaurants and entertainment, is a clear symbol of Sacramento's rising ambitions on a city worth visiting. That's why we chose it .....»»

Category: topSource: bizjournalsSep 30th, 2018

Best Real Estate Projects: Moderns on Eames Walk

The Moderns on Eames Walk is one piece of Fulcrum’s development of the Bridge District, a 188-acre area just south of Raley Field......»»

Category: topSource: bizjournalsSep 27th, 2018

Trump Park Avenue penthouse could rent for $1, lawyer alleges

In what would be one of the biggest bargains ever in Manhattan real estate, a 7,132 square-foot penthouse in the Trump Park Avenue building may have to go on the rental market for as little as a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 27th, 2018

Trump Park Avenue Penthouse Could Rent for $1, Lawyer Says

It would be one of the biggest bargains ever in Manhattan real estate. In what would be one of the.....»»

Category: europeSource: fortuneSep 26th, 2018