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Jonathan Rose Companies Breaks Ground on Transit-oriented New Jersey Development
Jonathan Rose, third from left, breaking ground. The New York-based green and affordable housing developer Jonathan Rose Companies broke ground Friday on a 215-apartment mixed-use community in South...
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Would-be Hawks Owner Soars Into $10.79 M. Fifth Avenue Condo
400 Fifth Avenue Alex Meruelo holds the dubious distinction of having a Wikipedia entry that identifies his most fame-worthy claim as a “failed bid to become the majority owner of the Atlanta Hawks.”...
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Chinese Buyers’ Club: Cultural Idiosyncrasies Guide a Growing Segment of the...
Brokers Juan and Li Chen, from left, have capitalized on booming Chinese demand for New York real estate. (Sasha Maslov) It is not unheard of in certain towns on Long Island’s rarified Gold Coast—in...
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Keep Walking: PMG Head Kevin Maloney Drops $11.4 M. on Home-grown Walker...
The “massive” living room. It was with heavy heart—well, heavier than average, anyway—that we read recently about a falling out between Michael Stern, founder of JDS Development, and Property Markets...
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Queer Eye Makes Brooklyn Buy: Reality Show Producer Drops $2 M. on Dumbo Condo
70 Washington Street Increasingly, Brooklyn’s reputation as a mecca for young creative types feels less like a stereotype than a cynical marketing gimmick. However well-honed the barista skills of an...
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A Coffee House Catering to Construction Workers and Budding Novelists Opens...
East Bed Stuy, “under served” no more. (Wiki Commons) In the popular imagination, the mechanisms of gentrification generally follow a rough pattern. We tend to assume that fair-trade coffee shops,...
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The View From the Terrace: Arthur Miller Spawn Sell Brooklyn Heights Co-op...
Arthur Miller. (Wiki Commons) Brooklyn Heights is pretty much off-limits nowadays to fiction writers and dramatists who are not also HBO auteurs. But the neighborhood’s brownstones once housed a...
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Buy! Buy! Buy! Israeli High-Frequency Trading Kingpin Picks Up $30 M. Time...
How very ‘Wolf of Wall Street’. It is unlikely that Noam Stern Perry synchronized the purchase of his palatial new five-bedroom at 25 Columbus Circle with the release of Michael Lewis’ book Flash Boys,...
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Make Way for Luttways! House Flippers Drop (Latest) UWS Townhouse for $19.27 M.
Dana Luttway, left, with Lisa Mackessy. (Patrick McMullan) In 1996, when Dana Lowey, then a producer at The Geraldo Rivera Show, married David Luttway, a French investment banker, the pair gave no...
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A Case of False Modesty?: Undercover Heritage CEO Nabs One57 Condo for $30 M.
An exterior rendering of One57. It has come to our attention that one of One57‘s two 59th floor units has sold for the healthy sum of $30.04 million to the mysterious Efstalamar LLC, a firm which...
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Touting “the Art of Construction,” Stella Tower Opens for Business this Month
The Ralph Walker-designed Stella Tower. Beneath the flattened cardboard matting the lobby at 425 West 50th Street is an original terrazzo floor, and beside the elevator bank, a gilded, over-sized...
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Bed, Bath and Way Beyond: Décor Maven Drops Central Park Co-op for $5.6 M.
Dan Gasby and B. Smith In 2010, the New York Times printed an item entitled “B. Smith Closes a Chapter” under the heading “Big Deal,” which proved to be a misnomer. While it was true that B. Smith—a...
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Bill Collector’s Score: Errand Boy Sent by Cable Clerks Nabs Time Warner...
A kingly perch at 25 at the Time Warner Center. Although Time Warner Inc. announced earlier this year that they had sold their stake at 25 Columbus Circle, the sparkling address that bears the...
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Windows on Wall Street: Banking Honchos Swap Park Ave. Co-op for $23.66 M.
Peter Ezersky and Lorinda Ash. (Patrick McMullan) Though business reporters have lately called our attention to the massing of the technorati in southern Midtown, when high-priced apartments in...
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Call for Subs: Mexican Soccer Star Rafael Márquez Drops Chelsea Pad for $8.6 M.
Rafael Márquez, with Barcelona. (Wiki Commons) As others have previously pointed out, the efforts of Major League Soccer teams to bolster the profile of the MLS by importing high-wattage international...
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Lights Out? Part Deux: Smokers Rights’ Group Stews Over Postponement of...
Just kidding. (pheaber, Flickr) When last we visited the Vaux condominium building, at 372 Central Park West, residents were readying for a meeting at which the Coalition for a Smoke Free City and the...
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A Crown with no Queens: Market-Savvy Couple Picks Up Brooklyn Townhouse for...
934 Pacific Street. Around 2000, when she was 24, Elana Karopkin had the good sense to realize that in light of rising rents, her teacher’s salary would be insufficient to sustain a comfortable...
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Horse Trade: Race Stable Owner Swaps $6.9 M. for Pad at One57
One57. Well, we all knew this day would come. Product is flying from the proverbial shelves at One57. Or rather, the paper trail for the product that has already flown from said shelves is beginning to...
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The Power Broker
Bret Lockett (Photo courtesy of Bret Lockett) Residential real estate is a business known to attract a motley assortment. Its disciples include but are not limited to: recent college graduates, poets...
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Go For Gold! (Or Sliver) Olympian Anne Montminy Snags Brooklyn Townhouse for...
291 Clinton Avenue. Olympic medalist, corporate attorney, CBC on-air sports analyst, Goldman Sachs vice president: These are just a few of Anne Montminy‘s many hats. Are you envious yet, of this...
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