Real Estate
 

JPMorgan disputes tax bills at four Manhattan properties

CrainsNewYork.com (Real Estate) 10/13 10:18A Aaron Elstein
JPMorgan says its tax bill is too high at four Manhattan properties and is fighting the city in court for a reduction. The global banking giant joins a long line of New Yorkers complaining about the city’s property-tax system, which is riddled...

The Met sells pair of UES townhouses for more than asking

CrainsNewYork.com (Real Estate) 10/13 8:22A Julianne Cuba
The Metropolitan Museum of Art has sold two Upper East Side townhouses on the market for the first time in nearly 50 years reportedly for more than asking. Following a bidding war, a private buyer is in contract to scoop up the pair of 5-story...

Eight-building Manhattan multifamily portfolio seeks $90M buyer

CrainsNewYork.com (Real Estate) 10/9 7:47A Eddie Small
A Long Island-based real estate firm is seeking more than $90 million for a portfolio of eight Manhattan residential buildings it has owned for decades. S&H Equities is looking to part with its buildings at 38-40 Carmine St., 90 Rivington St., 96...

Ayah and 5 other restaurants to try in October

CrainsNewYork.com (Real Estate) 10/3 12:33A Julianne Cuba
French restaurateurs Theliau Probst and Thibaut Castet have opened a Moroccan restaurant in SoHo as a love letter to a country close to their hearts. The pair did not know each other before they moved to New York more than 10 years ago, but they...

Four Madison Avenue buildings could get a makeover

CrainsNewYork.com (Real Estate) 10/2 12:33A Julianne Cuba
A 6-story residential-and-commercial building on Madison Avenue on the Upper East Side could be demolished and rebuilt to stand 16 stories tall, records show. Ward Dennis, a historic preservation consultant at Higgins Quasebarth & Partners, based...

Northwell consolidates women’s cancer care in new $14M center

CrainsNewYork.com (Real Estate) 9/29 12:33A Ethan Geringer-Sameth
Northwell Health is opening a new facility dedicated to women’s cancer in Lake Success, the latest in a series of new oncology programs in the works in recent years. The system will announce a new $14 million outpatient facility, known as the...

Prolific developer scoops up additional Long Island City sites

CrainsNewYork.com (Real Estate) 9/24 12:33A Eddie Small
ZD Jasper is not done adding to its real estate portfolio yet. The prolific Long Island-based real estate firm has partnered with Flushing-based Winspire Development to purchase two more Long Island City sites, buying 46-34 11th St. and 10-54...

Architectural designer picks up a Fifth Avenue co-op for about $10M

CrainsNewYork.com (Real Estate) 9/23 12:33A C. J. Hughes
The longtime partner of billionaire cosmetics executive William Lauder has a new home. Architectural designer and philanthropist Lori Tritsch has snapped up a two-bedroom co-op on Fifth Avenue for about $10 million, according to a tax record that...

Boutique Noho building sells for almost $50 million

CrainsNewYork.com (Real Estate) 9/12 12:33A Julianne Cuba
A boutique residential and retail building in NoHo has traded hands for almost $50 million, records show. Jason Blacksberg, executive vice president and chief legal officer at Westchester-based firm Acadia Realty Trust, signed the documents...

Former employees sue Mount Sinai for allegedly shortchanging their pay

CrainsNewYork.com (Real Estate) 9/12 12:33A Amanda D Ambrosio
Health care workers are suing Mount Sinai Health System for allegedly shortchanging them, a new court filing shows. Two former patient care associates, Juliette Mitto and David Gervais, filed a class-action lawsuit in Manhattan federal court on...

Mexican developer snaps up Fifth Avenue co-op from Singer sewing machine heir

CrainsNewYork.com (Real Estate) 9/11 8:33A C. J. Hughes
A 6,000-square-foot Upper East Side spread with ties to one of the oldest luxury builders in New York is now in the hands of an upscale real estate developer from Mexico. The apartment, a seven-bedroom, five-full- and two-half-bath co-op at Fifth...

Mount Sinai undergoes cost-savings initiative as financial strain persists

CrainsNewYork.com (Real Estate) 9/10 12:33A Amanda D Ambrosio
Mount Sinai Health System narrowly turned a profit in the second quarter of this year as it faced stagnant patient volumes and continued hardships after the closure of Beth Israel Hospital. The Upper East Side-based health system, which has seven...
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