Filipino real estate mogul lists longtime Upper East Side home for $25M

CrainsNewYork.com (Health Care) 2/4 11:33P C. J. Hughes

A Filipino real estate mogul is looking to part with his longtime home at a Park Avenue power address. Jorge Araneta, the CEO of Araneta Group, a conglomerate that owns hotels, fast-food restaurants and the stadium that hosted the famed 1975...

City's outdoor death toll hits 17 as frigid temperatures linger

CrainsNewYork.com (Health Care) 2/4 11:33P Laura Nahmias, Bloomberg

Seventeen people have died outside in New York since Jan. 19, as the region experiences an unusually long stretch of ultra-cold temperatures. At least 13 of the deaths were likely caused by hypothermia, Mayor Zohran Mamdani said on Wednesday....

Antiques dealer’s antiques-filled penthouse trades for about $4M

CrainsNewYork.com (International) 2/3 7:10A C. J. Hughes

The home of the late Mindy Papp, whose longtime Upper East Side antique store Florian Papp was considered among the oldest in the country, has found a buyer. The 2,000-square-foot penthouse co-op on East 79th Street — awash in 19th-century...

Legion Investment nabs $191M construction loan for new Greenwich Village project

CrainsNewYork.com (Banking) 2/2 6:36A C. J. Hughes

A developer juggling several high-end projects has scored a major construction loan for its latest endeavor, a new tower in Greenwich Village. Victor Sigoura’s Legion Investment Group closed on a $191.1 million financing package for 11 W. 13th...

Founder of shuttered hedge fund offloads Upper East Side condo

CrainsNewYork.com (Banking) 1/29 11:33P C. J. Hughes

A “Tiger cub” offspring has left his dwelling. Jesse Ro, the founder of Tiger Legatus Capital Management –- a former hedge fund linked to Julian Robertson’s famed Tiger Management firm –- sold his 3,200-square-foot condo unit on East 86th Street...

Home of top New York lawyer with Supreme Court ties lists on Park Avenue

CrainsNewYork.com (Nonprofits) 1/27 11:33P C. J. Hughes

The Park Avenue home of the late Bob Rifkind, a partner at the prominent law firm Cravath, Swaine & Moore and an attorney who had a hand in several groundbreaking cases of the 1960s, is up for sale. The three-bedroom, three-and-a-half-bath co-op...

Four condos at Madison Avenue building enter contract, one tops Manhattan luxury sales

CrainsNewYork.com (Nonprofits) 1/26 8:06A Julianne Cuba

Four condos in the same Upper East Side residential building went into contract last week, with one emerging as the week's priciest deal across Manhattan, according to Olshan Realty's weekly luxury market report. A five-bedroom,...

On Politics: The unwritten rule of politics Mamdani faces with 11 inches of snow

CrainsNewYork.com (Nonprofits) 1/26 6:58A Ross Barkan

There’s little that bedevils a New York City mayor quite like a snowstorm. John Lindsay, running for re-election in 1969, could not get Queens properly plowed, and 42 people across the city would end up dead. Neither Michael Bloomberg nor Bill de...

Chetrit-owned Upper East Side apartment tower loses 30% of value, appraiser says

CrainsNewYork.com (Advertising & Marketing) 1/23 8:20A Aaron Elstein

Yorkshire Towers is a 700-unit white-brick building on East 86th Street just steps from the Q train. Its amenities include an indoor pool, 24-hour doorman service and hardwood floors. “It’s the best of the Upper East Side,” said Seth Glasser,...

Vans sneakers heir buys $11M condo in Surrey Hotel

CrainsNewYork.com (Banking) 1/22 7:41A C. J. Hughes

A fashion heir has gone with a slimmer fit in his move uptown. Peter Barbey, an owner of The North Face coat-maker VF Corp., has sewn up a deal for a 2,100-square-foot condo at the Surrey Hotel on East 76th Street, according to a deed that...

On Politics: Hochul might be NYC transit's best ally in a century

CrainsNewYork.com (Technology) 1/20 8:12A Ross Barkan

Kathy Hochul’s tenure as governor has not always been smooth. Her approval ratings, at times, have been middling, and she barely survived a re-election challenge from a Trump Republican. Yet it’s becoming clear, more than four years after she...

Ground leases emerge as hidden risk for New York apartment buyers

CrainsNewYork.com (Nonprofits) 1/15 11:33P Aaron Elstein

If you’re looking to buy a New York City apartment, you’ll surely consider the building’s location and condition. You should also ask a new question: Does the building own its dirt underneath? “This was something most people never bothered to...

Trump-appointed Morocco ambassador sells Fifth Avenue co-op for $18.8M

CrainsNewYork.com (Advertising & Marketing) 1/13 11:33P Julianne Cuba

A prominent GOP fundraiser and U.S. ambassador to Morocco has sold his Upper East Side co-op for almost $19 million, records show. Richard Duke Buchan III, who founded the private investment firm Hunter Global Investors in 2001, offloaded the...

RXR buys stakes in Upper East Side luxury rental buildings

CrainsNewYork.com (International) 1/12 11:33P Natalie Wong, Bloomberg

RXR purchased stakes in a luxury apartment building and a string of townhomes on Manhattan's Upper East Side as demand for high-end residential properties persists. The New York-based real estate firm bought a roughly 45% stake in 265 E. 66th St....

“Spanish Flea” composer snags a taker on the Upper East Side

CrainsNewYork.com (Health Care) 1/12 7:05A C. J. Hughes

Trumpet-playing superstar Herb Alpert has bowed out of the Upper East Side. Alpert and his wife, the singer Lani Alpert, sold their 2,100-square-foot condo on East 85th Street for $4.2 million, according to a deed that appeared in the city...