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Channel: Chris Pomorski – Observer
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On the Market: Some Thoughts About Mortgages; Negronis at the EDC; Future...

(Wiki) In the wake of Eric Holder’s announcement last Thursday of a $17 billion government settlement with Bank of America over its less-than-kosher mortgages in the run up to the financial crisis, the...

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Big Cheese: NJ Subway Sandwich King Drops $15.68M on Lenox Hill Condo

Peter Cancro. (Jersey Mike’s) Peter Cancro suffered from no evident youthful indecision where career choice was concerned. A native of the shore town of Point Pleasant, New Jersey, Mr. Cancro began...

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On the Market: All the World’s a Stage; Poor Door Strikes Back; Islands in...

Greetings from City Island. (Vivienne Gucwa, Flickr) A few days ago, Post columnist Michael Riedel wrote about a new 1,500 seat, $150 million Broadway theater he said Times Square’s most powerful...

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The Worst Thing About the ‘Poor Door’ Might Be Its Naysayers

Construction at One Riverside Park. In an unusual, albeit muted, concession to tabloid-style punning, the New York Times ran an (already much-circulated) front-page story today titled “‘Poor Door’ in a...

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On the Market: The $300, Champagne-splashed Grand Slam Breakfast

(Joits, Flickr) Well, no great surprise here: due mostly to an influx of Chinese investors to the U.S., the EB-5 visa program, which grants visas to foreigners investing $500,000 or more in...

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What’s in a Name?: Branding Mogul Drops Soho Pad for $8.25M

Michael Birkin. (Red Peak Group) There was a time when one might reasonably have said that Soho needed re-branding. Always, it had the charms of cast-iron architecture and cobbled streets. But it was...

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On the Market: Urban Alpinists, Move Fast! Brooklyn Bridge Gets Harder to Climb

(Samyra Serin, Flickr) For Park Slope residents who will not be repairing to the Hamptons or the North Fork this Labor Day weekend, the Times provides a look at a possible alternative, and more local,...

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Alms for the Advocate: Former ACORN Lawyer Drops West Village Townhouse for...

Arthur Z. Schwartz. (Arthur Z. Schwartz) A 2007-2008 Obama for America delegate to the Democratic National Convention and general counsel to ACORN from March 2009 to October 2010, attorney Arthur Z....

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Channel Change: Comcast Exec. Flips Upper West Side Condo for $10.95M

Kimberly Thurston. (Patrick McMullan) Even as real estate developer Extell tries, with not-really-all-that-much success, to forge ahead in the era Bill de Blasio’s alleged egalitarianism without unduly...

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In Debate Over Penn Station Restaurants, a Reflection of City’s Transformation

The Long Island Railroad Terminal at Penn Station. (Wiki) In the long term, hardly any resident of, or regular visitor to New York avoids Penn Station. There it squats, obdurately begrimed in the lee...

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Game On: Gambling Consultant Bets $2.99M on Carroll Gardens Townhouse

Inside 71 Woodhull Street. As Atlantic City casinos go down, if not quite in flames, then at least in rather depressed spirits, there are those with reason to celebrate. The expansion of legalized...

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Veteran Flipper Picks Up Troubled Upper West Side Townhouse for $6.55 M.

118 West 76th Street. A long and unfortunate saga has reached its end, city records show. The 1890s townhouse at 118 West 76th Street, once named one of the five ugliest buildings on the Upper West...

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Rizzoli Bookstore Will Reopen in ‘NoMad’ in Spring 2015

(Wiki) Bibliophiles, rejoice! The famed Rizzoli bookstore, which closed the doors of its longtime home on West 57th Street in April as the not-quite-historic-enough building’s owners—the LeFrak family...

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No Room for Blues: Jazz Musician Drops Westside Townhouse for $11M

David Sanborn. (Patrick McMullan) Citing the need for a lifestyle change, the six-time Grammy-winning jazz musician David Sanborn put his brownstone mansion at 135 West 69th Street on the market four...

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Renovated UWS Townhouse Manse Asking $12.99M Enters Contract

It’s the filet of the neighborhood. Given that we are currently in what might be called the late-summer doldrums of real estate activity, it should come as no surprise that during last week’s term of...

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Welcome, Counselor: White Shoe Lawyer Nabs Flatiron Loft for $4.45 M.

David Brown, left, with Kweli Washington. (Patrick McMullan) Co-ops in the Flatiron district are not known for being quite as strict about decorum as many of the old-line establishments uptown. Though...

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The Other Side of the Park: Landmarked East Side Mansion Sells for $14M

17 East 92nd Street There are, of course, many perfectly serviceable townhouses on the east side of the Park, even if the reports in this space have lately suggested otherwise. And Benjamin C. Weston...

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Good Going, Son: Jamie Dimon’s Mom and Pop Snap Up $2.55M Park Ave. Pad

650 Park Avenue Theodore and Themis Dimon, parents of Jamie Dimon, the JPMorgan chairman and CEO who topped banking compensation packages in 2011 with a $23 million haul—and who has been a vocal...

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Glass House: A Stone’s Throw From Hell’s Kitchen, Three Floors of Windowed Bliss

It’s a bird, it’s a plane, it’s a dining room overlooking the living room! Included with the purchase price of a 4,333-square-foot penthouse triplex at 247 West 46th Street just listed with Modern...

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Something for Nothing: Fabrikant Diamond Scion Lists Massive Co-op For Only...

Not at all scruffy. Stacey Fabrikant, a lawyer and art dealer—and a relation of the Fabrikant diamond dealing dynasty—never spoke much with Robert Dankner, a broker at Prime Manhattan, when the two...

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