In the frenzy of the new luxury condominium buildings’ wave that recently hit the market, I’ll focus on those, which actually closed on transactions, and observe their relative success. Tribeca: 250 West Street: While making the headlines for having Leonardo DiCaprio checking on a $42 million Penthouse, 250 West has been doing great with the […]
It would be too simplistic to call him a New York real estate Mogul, as his contribution to the Manhattan skyline has gone beyond the principles of acquisitions, divestitures and development. Initiator of the Apple Store development on 5th Avenue, Harry Macklowe has been significantly involved in the expansion and ownership history of many Manhattan […]
Previously known for being home of the Schrafft’s luncheonette, the corner of 5th Avenue and 13th street was ravaged by fire in 2006, then sold in 2008 to a developer who demolished the remaining structure, before undergoing the development of a new set of luxury apartments designed by architect Alta Indelman. Ever since the 2011 […]
From its opening in 2009, the High Line park has not only been a magnet for tourists and New Yorkers, but more significantly real estate projects. Among the 30 developments in the works, a notable one from the Related Companies has emerged, featuring starchitect Zaha Hadid. She is known for being the first woman to […]
Over the past decade, Manhattan has experienced a flurry of new real estate developments accompanying new neighborhoods in their growth and definition of their distinctiveness. Among them, the notable NoMad neighborhood has been a success symbolizing the rise of a former unattractive sub-neighborhood confined between Kips Bay, Flatiron and Midtown into one of the trendiest […]
Once a stalled hotel project, the entire block of 10th avenue between 20th and 21st Street, aka 500 West 21st street, finally broke ground to lead toward the construction of a luxury condominium building. The developer, Sherwood equities, known for being very meticulous in their approach, was able to snap the construction site from the […]
Noho’s building at 36 Bleecker Street which was at the time (1860) former home to the Schumacher & Ettlinger printer company, is now coming back to life with a range of staggering apartments and building’s interior renderings that would satisfy most demanding art aficionados and sophisticated buyers. For instance, Ken Smith, MoMa’s landscape architect designed the courtyard, […]
In the category “do it better, do it yourself” New Zealand born Supermodel Kylie Bax shows some talent at designing and flipping her tribeca apartment. Bought for about $2M in 2008, the property recently sold for $2.980M. Nicely done!
Witkoff is back in West Village Hotel and Real Estate magnate Ian Schrager recently enrolled Lorber, and Witkoff as partners for his future West Village. More specifically, Witkoff is known for its stunning project at 150 Charles street, that has been over 80% sold within 2 months since its launched date, and is expected delivery […]
Courtesy of Corcoran’s team – a comprehensive snapshot of the Manhattan Real Estate market. Corcoran Sales Report, Manhattan – May 2013
Fred M. On Real Estate 