Upper West Side luxury rental tower Aire sells for $265M
The Upper West Side luxury rental apartment tower known as Aire was quietly sold to the well-established Gotham Organization and Carlyle ...
Tag: Real Estate
Del Frisco’s Double Eagle Steakhouse renews lease at 1221 Sixth Ave.
Talk about confidence in Sixth Avenue! While some Midtown restaurateurs claim they’re struggling, Del Frisco’s Double Eagle Steakhouse — a three-level, ...
Pratt Institute to expand footprint at Brooklyn Navy Yard
Dock 72 needed some good news — and it got it. Developers Boston Properties and Rudin snared Pratt Institute as ...
NY real estate broker accused of charging sky-high fees to pay $260K
A Manhattan real estate broker accused of charging tenants exorbitant finder’s fees has agreed to pay $260,000 in penalties and restitution ...
US housing market is a ‘slow-moving train wreck’, expert says
A New York Times bestselling author and a real estate entrepreneur have started to echo similar warning signs amid “massive” ...
Gucci owner pays nearly $1B to scoop up tower on red-haute Fifth Avenue
The owners of Gucci on Monday bought a prime Fifth Avenue retail property for a whopping $963 million — and ...
NYC building sales slump despite plummeting prices because of crippling regulations, high interest rates
The value of city buildings is sinking under the weight of high interest rates, crippling regulations and large vacancies caused ...
Big office deals returns — but only in NYC’s best new buildings
Despite a lethargic 2023, office leasing got its mojo back in the fourth quarter when the year’s largest deals were ...
US real estate market will be ‘very ugly’ next year, Howard Lutnick warns
The CEO of a top financial services firm is sounding the alarm over a “very ugly” real estate market in the next ...
Americans must make $120K a year to afford a home in 2024, realtor says
Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home, ...
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