Brooklyn Newswire

Brooklyn Newswire

Comprehensive Real-Time News Feed for Brooklyn, NY.

Results 1 - 20 of 308 for "u:therealdeal.com" in Brooklyn, NY

  1. Bronstein Properties to buy rent-stabilized Brooklyn building for $43MRead the original story w/Photo

    8 hrs ago | The Real Deal

    Bronstein Properties is adding to its large New York rental portfolio with its pending purchase of 456 Grand Street in Williamsburg for $43.3 million. The site is currently owned jointly by AB Capstone and RJ Capital Holdings, and the sale to Bronstein is expected to close early in 2018, according to sources familiar with the deal.

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  2. Illegal Airbnb listings are thriving in hipster BrooklynRead the original story w/Photo

    11 hrs ago | The Real Deal

    The city might be trying to crack down on illegal Airbnb listings, but the site's black market is still very popular in Brooklyn's hipster neighborhoods. The Hotel Association of New York hired the firm of former NYPD officer Herman Weisberg to look into illegal Airbnb activity, and he found that illegal listings in Williamsburg, Bushwick and Bedford-Stuyvesant-three of the most popular Airbnb neighborhoods in New York-are thriving, according to the New York Post.

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  3. Midwood picks up a pair of Chelsea buildings for $23MRead the original story

    Friday Oct 13 | The Real Deal

    John Usdan's Midwood Investment and Development picked up a pair of mixed-use Chelsea buildings for $23.4 million. The Park Avenue-based firm bought the properties at 152 and 154 Seventh Avenue at the corner of 19th Street from the Renatus Group, property records filed with the city Friday show.

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  4. Family with ties to Apollo Global puts BK mansion on the market for $14.5MRead the original story w/Photo

    Friday Oct 13 | The Real Deal

    A Brooklyn mansion once owned by Hollywood A-lister Jennifer Connelly and now controlled by a family with links to Apollo Global Management, is back on the market asking $14.5 million. The 6,500-square-foot, limestone townhouse at 17 Prospect Park West last sold for $12.4 million in 2015 and set a record for the neighborhood at the time, the New York Post reported.

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  5. Alleged Genovese enforcer hit with tax evasion charges on BK real estate dealsRead the original story w/Photo

    Thursday Oct 12 | The Real Deal

    A reputed soldier in the Genovese crime family is facing tax evasion charges for allegedly hiding more than $2 million in capital gains he made on a pair of Brooklyn real estate deals from the IRS, federal prosecutors said Thursday. Salvatore Demeo, 77, could serve 33 to 41 months in prison if found guilty on the four counts of tax evasion and failing to file tax returns, documents unsealed in Brooklyn federal court show.

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  6. Barclays, Citi provide CIM with loan to buy 16 Court St.Read the original story w/Photo

    Thursday Oct 12 | The Real Deal

    Barclays and Citigroup provided a $110 million loan to CIM Group for its purchase of the 38-story office tower at 16 Court Street in Downtown Brooklyn, sources told The Real Deal . CIM closed Tuesday on its $171 million purchase of the building, Brooklyn's tallest office property, from SL Green Realty.

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  7. Revealed: Extell releases new rendering of City Point megaprojectRead the original story w/Photo

    Thursday Oct 12 | The Real Deal

    Extell Development revealed a new rendering of its 458-unit building at Downtown Brooklyn's City Point in a teaser website that goes live today. Known as Brooklyn Point, the 68-story building at 1 City Point will feature studios to three-bedroom co-op apartments, with prices starting at $840,000, according to the website.

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  8. Rental incentives are no longer stopping the fall of rentsRead the original story w/Photo

    Thursday Oct 12 | The Real Deal

    Clockwise from bottom left: 455 West 23rd Street #5B, 795 Fifth Avenue #39, 27-19 44th Dr #17E, 577 Baltic Street #7D Rental incentives - which landlords have been using all year to fend off increasing vacancy rates and dipping rents - are no longer working as they once were. Last month, the Manhattan vacancy rate hit 2.6 percent, the highest level it's been all year, according to the monthly report from Douglas Elliman.

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  9. Mark Stagg believes in the Bronx - just not as the next BrooklynRead the original story w/Photo

    Wednesday Oct 11 | The Real Deal

    Mark Stagg feels good about the future of the Bronx, not because he thinks it will become the next Williamsburg but because he thinks it won't. "With the cost of construction only on the rise, our rents only can demand so much, which I prefer," he said.

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  10. Where are all the South Bronx resi brokerages?Read the original story w/Photo

    Tuesday Oct 10 | The Real Deal

    The South Bronx has been talked up as New York's next hot real estate market for years, but this hype has yet to translate into residential brokerages actually setting up shop in the neighborhood, according to real estate professionals. "There isn't really anybody," said Sarah Saltzberg, principal broker at Upper Manhattan's Bohemia Realty Group .

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  11. Christie's upcoming NYC brokerage has generated virtually no buzz....Read the original story w/Photo

    Tuesday Oct 10 | The Real Deal

    Christie's terminated its affiliation with Brown Harris Stevens in June and plans to open its own residential brokerage in New York City by the end of the year. Nada.

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  12. Radson planning new resi buildings for East New York and Far RockawayRead the original story w/Photo

    Friday Oct 6 | The Real Deal

    The company filed plans with the Department of Buildings on Friday for a mixed-use project at 2858 Linden Boulevard in Brooklyn with 235 units. The project would stand 12 stories tall and span just under 205,000 square feet, including 17,205 square feet of commercial space.

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  13. NYC foreclosure rate hasna t been this high since 2009: reportRead the original story w/Photo

    Friday Oct 6 | The Real Deal

    In case anyone was wondering why more and more big-name developers are raising distressed real estate funds: first-time foreclosures are at the highest level since the great recession. Lenders foreclosed on 859 properties in the Big Apple in the third quarter, up 79 percent from a year ago, according to online real estate database Property Shark.

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  14. Stop, hammer time: Q&A with NYC construction boss Jeff LevineRead the original story w/Photo

    Thursday Oct 5 | The Real Deal

    11 attacks, marked a turning point for Levine Builders. It's one of Jeff Levine 's most treasured projects, and it's also the last job that his construction outfit completed for another company.

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  15. The top 10 biggest real estate projects coming to NYCRead the original story w/Photo

    Thursday Oct 5 | The Real Deal

    Clockwise from left: 970 Kelly Street in the Bronx, Rendering of 2601 Veterans Road West in Staten Island, 420 Albee Square and 1125 Whitlock Avenue JEMB Realty may have dramatically scaled down its plans for a tower at 420 Albee Square, but the Downtown Brooklyn development still topped the list of biggest real estate projects filed with the city last month. The company is planning a 37-story office tower that would include a 300-seat school.

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  16. October 2017Read the original story w/Photo

    Sunday Oct 1 | The Real Deal

    The media mogul is pushing hard into the digital-listings space and has a bull's-eye on the NYC market "What the hell does Zillow mean?" It was 2015, and the bull-headed media mogul Rupert Murdoch was speaking at a gathering of 4,000 real estate agents in Midtown Manhattan. "We know what 'realtor' means," he said.

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  17. Why Queens' residential market came out on top this summer over Manhattan, BrooklynRead the original story w/Photo

    Saturday Sep 30 | The Real Deal

    Queens' home prices rose by over 7 percent compared to last year. While Manhattan and Brooklyn homes sat on the market for longer than previous years' listings, homes in Queens sold six days faster than in 2016, according to StreetEasy's August 2017 market report.

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  18. Cutting-edge fertility clinic inks 35K sf leaseRead the original story w/Photo

    Friday Sep 29 | The Real Deal

    A fertility doctor with a groundbreaking procedure that could help women who suffer from cancer have a natural pregnancy inked a 35,000-square-foot lease for a new clinic in the Financial District. Kofinas Fertility Clinic took the entire 14th and 21st floors at the Chetrit Group 's 65 Broadway in a 16-year deal, according to the tenant's brokers.

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  19. Brooklyn waterfront to get a new 14-story resi buildingRead the original story w/Photo

    Thursday Sep 28 | The Real Deal

    The 90,734-square-foot building would contain 92 residential units across 87,434 square feet, with the remaining 3,300 square feet reserved for a community facility. The portion of the lot where the building would go is currently occupied by a warehouse at 27 West Street, where Halcyon Management filed plans in 2015 for a 19-story building with 234 residential units.

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  20. More than 6,000 new apartments delivered in Brooklyn in the last 12 monthsRead the original story w/Photo

    Thursday Sep 28 | The Real Deal

    According to this week's market reports, the rise in median renter income in New York City outpaced rise in median rent for the second consecutive year, and developers delivered over 10,000 new housing units across Brooklyn and Manhattan in the last year. Olshan Realty Just 11 residential contracts were signed last week at $4 million and above, and the total asking dollar volume was $61 million, the lowest number this year.

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