Real Estate
 

Deals of the Day: July 15

CrainsNewYork.com (Real Estate) 7/15 7:46A Eddie Small, C. J. Hughes, Julia
Leases Luxury clothing brand moving Upper East Side store Address: 956 Madison Ave., Manhattan Landlord: 925 Madison Avenue Inc. Tenant: L'Agence Lease size: 3,300 square feet Lease length: 10 years Asset type: Retail Brokers: Dallimore & Co.'s...

At a Glance: July 15

CrainsNewYork.com (Real Estate) 7/15 12:33A Amanda D Ambrosio
STORY UPDATE: This story , published on July 12, has been updated with additional information about the city’s investments and efforts to publicize the 988 mental health crisis line. MEASLES DETECTED: Two adults living at a migrant shelter in...

SoHo power plant turned luxury townhouse lists for $39M

CrainsNewYork.com (Real Estate) 7/12 10:36A C. J. Hughes
One of the city’s more electrifying homes — a townhouse tucked inside an early 20th-century power plant — is hoping to connect with a buyer. The 5-story, single-family dwelling at 214 Lafayette St. in SoHo hit the market Friday morning. The...

At a Glance: July 11

CrainsNewYork.com (Real Estate) 7/11 12:33A Amanda D Ambrosio
TB TREATMENTS: A research team co-led by Weill Cornell Medicine received a five-year, $31 million grant from the National Institutes of Health to develop new treatments for tuberculosis, the institution announced Wednesday. The federal government...

The 18 best pasta dishes in New York City, picked by top chefs

CrainsNewYork.com (Real Estate) 7/10 1:03A Kate Krader, Bloomberg
The dog days of summer conjure daydreams of ice cream, picnics, barbecues?…?and heaping plates of hearty pasta? “I used to think I needed to make the pastas lighter in summer,” says Andrew Carmellini, who serves notable noodles at Locanda Verde,...

A Sackler finds a buyer for her Upper East Side penthouse

CrainsNewYork.com (Real Estate) 7/9 7:07A C. J. Hughes
Elizabeth Sackler, a member of the family that created the opioid-crisis-fueling OxyContin, even though Sackler herself has condemned her relatives’ “morally abhorrent” business, has found a buyer for her uptown home. Sackler, an arts advocate, is...

Editorial: Every neighborhood must do its part to create more housing

CrainsNewYork.com (Real Estate) 7/1 1:03A The editors
There are some sentiments that New Yorkers consider to be universal truths: We have the best pizza. And we need more places to live that are actually affordable. But even as residents feel comfortable saying these things, not everyone truly stands...

TPG chief buys uptown co-op as firm plans downtown conversion project

CrainsNewYork.com (Real Estate) 6/28 8:22A C. J. Hughes
Private equity bigwig Jim Coulter has had a busy month. On June 20 the billionaire co-founder of the buyout firm TPG closed on an Upper East Side co-op for $36 million, according to the city register. The next day his Texas-based company plunked...

Bronx sees brunt of housing production as Lower Manhattan lags

CrainsNewYork.com (Real Estate) 6/27 7:51A Eddie Small, Nick Garber
Distributing affordable housing projects fairly throughout the five boroughs and not building enough homes in general remain two glaring problems for the city, according to a pair of recently released studies. The city produced 14,227 new units...

One in four New York hospitals earn top marks for social responsibility

CrainsNewYork.com (Real Estate) 6/26 12:33A Amanda D Ambrosio
Roughly one-quarter of acute care hospitals in New York earned the top grade for social responsibility, down slightly from the proportion of hospitals that earned the mark last year , a new report shows. Of the 128 acute care hospitals ranked in...

BlackRock sells Upper East Side apartment building for $75M

CrainsNewYork.com (Real Estate) 6/24 8:18A Eddie Small
Investment giant BlackRock has sold an Upper East Side apartment building at what appears to be a slight loss despite the city's red-hot rental market. Farallon Capital Management and Hal Fetner's Fetner Properties have purchased 85 East End...

Kushner, RFR sell stake in Dumbo office building

CrainsNewYork.com (Real Estate) 6/19 8:06A Eddie Small
Real estate giants RFR and Kushner appear to have a new partner at an office property in Dumbo. The firms have sold an interest in 81 Prospect St. to Brooklyn-based developer Jack Guttman for about $33.8 million, property records show. Guttman...
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