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

CrainsNewYork.com (Banking) 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...

Industry City honcho picks up Carnegie Hill co-op for $8.5 million

CrainsNewYork.com (Banking) 8/22 8:27A C. J. Hughes

An executive with the ownership group behind Industry City has snagged a co-op on Carnegie Hill. Frank Stadelmaier, the chief operating officer of TPG Angelo Gordon, and his wife, Allison, have purchased a five-bedroom co-op on Park Avenue for...

“Bond girl” unloads Upper East Side triplex penthouse

CrainsNewYork.com (Transportation) 8/22 12:33A C. J. Hughes

The sky-high home of a "Moonraker" star has landed a buyer. Actor Lois Chiles, who played “Bond girl” astronaut Dr. Holly Goodhead in the 1979 James Bond flick, has sold her prewar triplex penthouse on Central Park for $12 million, according to a...

Developer inks financing for LIC condo project

CrainsNewYork.com (International) 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 (Health Care) 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...

Brooklyn developer planning pair of Manhattan condo projects

CrainsNewYork.com (Nonprofits) 8/21 12:33A Eddie Small

A Gravesend-based developer is planning to bring a pair of new luxury condo projects to Manhattan, including one that would rise on the site of the former Upper East Side carriage house of a JPMorgan executive from the early 20th century. The...

NYCHA seeking to partner with private developers to build more housing

CrainsNewYork.com (Banking) 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...

Memorial Sloan Kettering falls into the red amid electronic health record rollout

CrainsNewYork.com (Nonprofits) 8/19 12:33A Amanda D Ambrosio

Cancer hospital Memorial Sloan Kettering dipped into the red last quarter as its new electronic health record platform caused costs to skyrocket, its latest financial statement shows. The Upper East Side-based oncology center lost $44 million...

Fire at Upper East Side apartment building spews smoke, damages penthouses

NBCNewYork.com (Local) 8/15 9:44A Jennifer Millman

Authorities have contained a large, multi-alarm fire that erupted on the roof of a seven-story apartment building on Manhattan’s Upper East Side, fire officials said Friday. A call about the blaze on East 95th Street, between Second and First...

JPMorgan, GoldenTree fund purchase of Fifth Avenue tower

CrainsNewYork.com (Wall Street) 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...

Rental property CEO unloads Upper East Side duplex for roughly $7M

CrainsNewYork.com (Banking) 8/14 10:42A C. J. Hughes

A landlord known for low-slung rental buildings has said goodbye to his lofty co-op. Jason Pantzer, the co-CEO of Midtown-based Pantzer Properties, which owns 4-story apartment complexes along the East Coast, and his wife, Tricia, a lawyer, have...

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

CrainsNewYork.com (Labor Unions) 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 (Banking) 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 (Nonprofits) 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...

NJ firm to acquire Morton Williams grocery chain

CrainsNewYork.com (Banking) 8/7 12:05P Julianne Cuba

A quintessential, family-owned New York supermarket chain will be scooped up by New Jersey-based Wakefern Food Corp., the new owners announced Thursday. The sale price was not disclosed. Wakefern Food Corp., founded in 1946 as a small, local...