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[19 Sep 2014 | No Comment | ]
Adeline promises to be great new neighbor

By Holly Dutton
The booming area of northern Manhattan is adding another gem to its roster of new apartments with L+M Development’s luxury condo building, The Adeline.
Located in Central Harlem, just six blocks from Central Park, the sleek and modern 12-story building at 23 West 116th Street is generating buzz with its thoughtful design, convenient location and value.
“The interest has been amazing,” said Julia Boland, director of sales of the building and managing director at Halstead Property Development Marketing, which is handling the marketing and leasing of the building. “There were …

Deals & Dealmakers, Featured »

[17 Sep 2014 | No Comment | ]
Clothes encounters lead Frenchman to career in real estate

By Holly Dutton

After making a name for himself as the go-to dealmaker for European luxury brands looking to plant a flag in New York City, Bertrand de Soultrait has started his own firm.
De Soultrait, who has made a big splash in his five years in the real estate industry, launched his firm Bertwood Realty about a year ago, after successful stints at two NYC-based firms.
Before making his way into the real estate world, de Soultrait co-founded Vicomte A, a French apparel company with $20 million in annual sales, along with …

Deals & Dealmakers, Featured »

[17 Sep 2014 | No Comment | ]
SL Green sells 180 Maiden Lane for $470M

New York City’s biggest landlord, SL Green, has agreed to sell the former AIG headquarters, along with partner The Moinian Group, for $470 million, the firms announced yesterday (Tuesday).

Murray Hill Properties and Clarion Partners are purchasing the 41-story Lower Manhattan building in a joint venture.

Brokers Weekly, Mergers and Acquisitions »

[17 Sep 2014 | No Comment | ]

Powerhouse New york residential brokerage Douglas Elliman last week announced a merger with a UK homes giant and a plan to bolster its own Manhattan commercial leasing strengths.
The largest residential brokerage firm in the city is merging with one of the largest residential brokerages in the UK to form a new international brand.
Douglas Elliman Real Estate and Knight Frank Residential say their partnership will result in the largest interactive and connected network for residential properties in the world.
The new Douglas Elliman Knight Frank Residential alliance will entail both firms sharing …

Brokers Weekly, Featured »

[12 Sep 2014 | No Comment | ]
Broker helping bring new development to old stomping grounds

By Holly Dutton
Native New Yorker Makeba Lloyd is helping bring new development to the neighborhood she grew up in and still calls home today.
Lloyd, an agent with MNS Realty who specializes in new development and resales, was born in raised in Harlem.
In her 15-year career, she has received recognitions as broker of the year and broker of the month. Her experience spans the residential rental, sales and new development sectors.
Following high school, she originally sought to work in fashion, attending the Fashion Institute of Technology in Manhattan.
“I took a few …

Deals & Dealmakers, Featured »

[10 Sep 2014 | No Comment | ]
Bank buys 222 Broadway building for $502M

A branch of Deutsche Bank has purchased a lower Manhattan building from Beacon Capital for $502 million.

RREEF, a property investment firm controlled by Deutsche Bank, made the buy on August 26. The 31-story Financial District Class A building at 222 Broadway has 780,000 s/f, according to Beacon Capital’s website.

Featured, Retail »

[3 Sep 2014 | No Comment | ]
Retail changing along 23rd Street

By Holly Dutton
The retail renaissance of the Flatiron District is not news to anyone who has been to the area recently, but the specific stretch of 23rd Street between 5th and 6th Avenues has been especially changing in recent months.
Longtime major tenants like Home Depot at 40 W. 23rd and quintessential New York City stores P.C. Richards, an electronics retailer, and Sleepy’s, the mattress retailer, are a few of the anchor tenants of 23rd Street.
In March, Time Warner Cable celebrated its grand opening of its flagship retail store at 43 …

Brokers Weekly, Featured »

[22 Aug 2014 | No Comment | ]
Superhero style gives new venture a sporting chance

By Dan Orlando
Darrin Harrold wears the mantle of successful real estate entrepreneur the same way Bruce Wayne wears his Batman cape.
A strong believer in the motto, “Do what makes you happy and you’ll never work a day in your life,” the owner of Tri Properties appears determined to involve himself in every activity that does, in fact, bring him joy.
By day, Harrold teaches elementary physical education at the Canadian International School based in Singapore and works as the referee-in-chief of the Singapore Ice Hockey Association.
A husband and father of three …

Brokers Weekly, Featured »

[22 Aug 2014 | No Comment | ]
Far East Brooklyn nabe on the verge of residential boom

By Holly Dutton
The Brooklyn neighborhood of East New York has been on the tip of everyone’s tongue lately, with the area posed to be the next new frontier.
East New York is an area that is so far East in the borough, it isn’t always included on real estate listings and real estate brokerages’ websites.
Bordered by Brownsville to the West, Ozone Park to the East, Bushwick and Ridgewood to the north and Jamaica Bay to the South, the area is being talked about as one of next gentrified neighborhoods, like Crown …

Deals & Dealmakers, Featured »

[13 Aug 2014 | No Comment | ]
Gedinksy gets her groove on filling city space with stores

Retail leasing broker Kelly Gedinsky has parlayed her insider knowledge as a native New Yorker into retail gold, as a top-performing broker at Winick.
“Growing up in the city, I think that helps a lot for doing retail without even knowing it,” said Gedinsky. “Intuitively, I have a really good sense of who belongs where, and I’ve seen neighborhoods change and seen what lasts and what doesn’t.”

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