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Real estate in Manhattan"s Garment District "skyrockets"

TriBeCa "reigns" as the most expensive neighborhood in New York City, but another neighborhood has shot up to the No. 2 spot. That's according to data compiled by PropertyShark. Despite a 16 percent year-over-year price drop, TriBeCa is still N.....»»

Category: topSource: bizjournalsOct 11th, 2018

Developer Michael Shvo pleads guilty to tax fraud

Manhattan District Attorney Cyrus R. Vance, Jr. today announced former real estate wunderkid Michael Shvo, 45, and his companies, SHVO ART LTD. and.....»»

Category: realestateSource: realestateweeklyApr 26th, 2018

KKR, IGIS, NPS to acquire prime real estate asset in Gangnam Business District

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 10th, 2018

Gangnam style: KKR to invest in office property in southern Seoul

A group of companies led by KKR & Co will invest in an existing real estate project under construction in the Gangnam district of Seoul, South Korea, hoping to cash in on one of the world's fastest-rising commercial property markets......»»

Category: topSource: reutersOct 10th, 2018

Hudson Square development site hits the market

Trinity Real Estate, the real estate arm of Trinity Church, has put a Manhattan development site it owns near the Holland Tunnel on the market.The church, which owns a collection of commercial office... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 3rd, 2018

Bizzi scores $473M refi package for 125 Greenwich

Developers of a supertall luxury condo building in the Financial District have refinanced the property for nearly half a billion dollars. Bizzi & Partners Development, a global real estate firm, secured $473 million new loans for 125 Greenw.....»»

Category: realestateSource: realestateweeklyOct 3rd, 2018

Japanese investor to sell another Manhattan property at a loss

Japan-based real estate investor Unizo Holdings is closing in on a deal to sell off another Manhattan office property it purchased in recent years. The Related Cos.' fund-management arm and East End... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 2nd, 2018

Brokers Baffled As Manhattan Luxury Housing Rout Spreads To Broader Market

When the first signs of stress in Manhattan's luxury real-estate market started to appear roughly one year ago, we anticipated that the weakness in the high-end would .....»»

Category: blogSource: zerohedgeOct 2nd, 2018

NYC real estate continues to fall

CNBC's Robert Frank reports on Manhattan real estate price cuts as pressure emerges from the top and bottom line......»»

Category: realestateSource: cnbcOct 2nd, 2018

Manhattan real estate is now in a year-long correction

Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, marking the fourth straight quarter of double-digit declines, according to new data......»»

Category: realestateSource: cnbcOct 2nd, 2018

Take a look at our Best Real Estate Projects (PHOTOS)

The Kimpton Sawyer Hotel, towering above Sacramento's new sports and concert arena and a developing district of high-end restaurants and entertainment, is a clear symbol of Sacramento's rising ambitions on a city worth visiting. That's why we chose it .....»»

Category: topSource: bizjournalsSep 30th, 2018

Best Real Estate Projects: Moderns on Eames Walk

The Moderns on Eames Walk is one piece of Fulcrum’s development of the Bridge District, a 188-acre area just south of Raley Field......»»

Category: topSource: bizjournalsSep 27th, 2018

Trump Park Avenue penthouse could rent for $1, lawyer alleges

In what would be one of the biggest bargains ever in Manhattan real estate, a 7,132 square-foot penthouse in the Trump Park Avenue building may have to go on the rental market for as little as a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 27th, 2018

Trump Park Avenue Penthouse Could Rent for $1, Lawyer Says

It would be one of the biggest bargains ever in Manhattan real estate. In what would be one of the.....»»

Category: europeSource: fortuneSep 26th, 2018

NYC Home Sellers Are Slashing Prices "Like It"s 2009"

The crumbling New York City real estate market has continued apace during the third quarter, after more than half of homes sold in Manhattan during the second quarter closed below asking price - the worst Q2 tally since 2009. And w.....»»

Category: blogSource: zerohedgeSep 21st, 2018

Selling the waterfront

Over four generations, the Rudin family grew into one of the city's powerhouse real estate dynasties by investing in prime Manhattan locations such as Times Square, Park Avenue and the Upper East... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 22nd, 2018

Anbang May Benefit From Capital Flowing Into Luxury Hotel Properties

Mack Real Estate Credit Strategies provided $290 million to refinance Manhattan at Times Square Hotel. A $503 million refinancing over the past week for three prominent hotels in New York, Miami an.....»»

Category: personnelSource: nytAug 21st, 2018

Talk about need to shift downtown development success to city neighborhoods dominates event: Slideshow

An urgent need for Milwaukee-area real estate developers to ensure that neighborhoods near downtown Milwaukee see a surge of development similar to what has happened in the central business district over the past several years was the dominant message a.....»»

Category: topSource: bizjournalsAug 18th, 2018

Market competition creates brokers who are much more than just door openers

With more than 30,000 active real estate sales agents and brokers in Manhattan alone, it’s a difficult task.....»»

Category: realestateSource: realestateweeklyAug 17th, 2018

Maritime research lab planned for Seaport District waterfront

Danvers-based real estate development firm Kavanagh Advisory Group intends to develop a four-story maritime research building on Wharf 8/Pier 7 in Boston’s Seaport District, an open-water site located between the Legal Harborside seafood restaurant and.....»»

Category: topSource: bizjournalsAug 10th, 2018

More change ahead for the city"s shrinking garment district

Hundreds of thousands of garment workers once toiled in the sweaty, elbow-to-elbow workshops of midtown Manhattan before the whirring of sewing machines was mostly silenced by foreign... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 6th, 2018