Upper East Side condo project at former Papaya King site secures $73M loan

CrainsNewYork.com (Sports) 8/25 6:50A Eddie Small

The plan to turn a longtime Papaya King site on the Upper East Side into luxury condos just got a $73 million boost. Busy developer ZD Jasper has secured the $73 million construction loan for its project at 171 E. 86th St. from real estate...

Developer inks financing for LIC condo project

CrainsNewYork.com (Sports) 8/21 7:49A Eddie Small

An extremely busy New York developer has secured a construction loan to move forward with a Long Island City condo project. ZD Jasper has landed about $23.1 million in financing from Bridge City Funding for the 6-story, 39-unit condo development...

NYPD Commissioner Tisch sells Upper East Side home for about $11M

CrainsNewYork.com (Sports) 8/21 7:11A C. J. Hughes

Police commissioner Jessica Tisch has finally found a taker for her uptown co-op. The 4,000-square-foot duplex on East 79th Street, which was first listed back in March 2024 , has sold for $10.5 million, according to a tax record that appeared in...

NYCHA seeking to partner with private developers to build more housing

CrainsNewYork.com (Sports) 8/19 10:16A Eddie Small

The city's public housing agency is now looking to partner with private developers to help address New York's housing crisis. The New York City Housing Authority on Tuesday released a request for expressions of interest, asking real estate firms...

JPMorgan, GoldenTree fund purchase of Fifth Avenue tower

CrainsNewYork.com (Sports) 8/15 7:06A Natalie Wong, Bloomberg

JPMorgan Chase and GoldenTree Asset Management loaned $675 million to real estate developer Naftali Group for its purchase of a luxury Manhattan apartment building, according to people with the knowledge of the matter. The financing helped...

Rudy Giuliani sells his UES apartment for less than $5M

CrainsNewYork.com (Sports) 8/13 8:34A Julianne Cuba

Rudy Giuliani is finally saying goodbye to his Upper East Side home. The city's two-term former mayor, from 1994 to 2001, and former lawyer for President Donald Trump, sold the three-bedroom penthouse apartment at 45 E. 66th St. for $4.95...

NYU Langone continues Long Island cardiac expansion with new lab plans

CrainsNewYork.com (Sports) 8/13 12:33A Ethan Geringer-Sameth

As the population ages on Long Island, health systems are seeing higher demand for cardiac services and expanding accordingly. The latest is NYU Langone, whose flagship Long Island hospital in Mineola has seen an uptick in patient volumes over...

As SoHo retail space wanes, high-end brands head to the Upper East Side

CrainsNewYork.com (Sports) 8/11 12:33A Julianne Cuba

Luxury retailers are expanding into Upper Manhattan as increased leasing activity in quintessential shopping corridors such as SoHo and the West Village in the last six months has nearly exhausted the available space downtown, according to a...

City buildings would be vulnerable in the rare event of a moderate earthquake

CrainsNewYork.com (Sports) 8/7 10:41A Caroline Spivack

The two small earthquakes that hit New Jersey this week may have rattled the region’s nerves but resulted in no reported damage. Damaging earthquakes are very rare in the New York City region, though engineering and seismic experts say that it...

Reno plans to transform Fifth Avenue mansion into private club come into focus

CrainsNewYork.com (Sports) 8/7 10:23A Julianne Cuba

The plan to transform a landmarked Gilded Age mansion on the Upper East Side into a private members-only club now has an official framework, records show. Howard Corney, who appears to be affiliated with U.K.-based firm Thornham Residential...

Prep schools build real estate empires in quest to grow enrollment

CrainsNewYork.com (Sports) 8/7 12:33A C. J. Hughes, Julianne Cuba

The city’s most elite schools are branching out from reading, writing and arithmetic and into real estate. In a quest to attract more students, prestigious private schools in Manhattan and Brooklyn, including Spence, Browning and Berkeley...

Lenox Hill agrees to shrink planned medical tower as it earns key Council approval

CrainsNewYork.com (Sports) 8/6 9:31A Amanda D Ambrosio

Northwell’s Lenox Hill Hospital agreed to shrink the size of its planned medical tower on the Upper East Side to secure key approvals in the City Council on Wednesday. The council’s land use committee and zoning subcommittee voted unanimously to...

Northwell’s $2B Lenox Hill expansion heads for key vote

CrainsNewYork.com (Sports) 8/6 12:33A Amanda D Ambrosio, Nick Garber

Northwell’s plan to build a new medical tower at Lenox Hill Hospital on the Upper East Side is headed for a key vote on Wednesday that will determine whether the project moves forward. The proposed expansion , which is expected to cost more than...

Skinny UES development site with towering potential sells for $8M

CrainsNewYork.com (Sports) 7/30 12:33A C. J. Hughes

A husband-and-wife development team with a background in casino design has bought a superskinny Upper East Side lot with towering potential. Nory and Cheryl Hazaveh, an architect-and-designer pair, bought 37 E. 83rd St., a 5-story townhouse that...

Wrecking ball heading for 1-story Gowanus industrial property

CrainsNewYork.com (Sports) 7/29 7:48A Eddie Small

The Gowanus building boom is showing no signs of slowing down. Manhattan-based real estate firm Avdoo & Partners Development has filed plans with the Department of Buildings to demolish the 1-story industrial building it recently purchased at 601...