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[29 Oct 2014 | No Comment | ]
Urban Compass doubles new Fifth Ave. headquarters space

Upstart real estate firm Urban Compass its expanding its new Fifth Avenue headquarters space to 50,000 s/f.

Owner RFR Realty announced that the technology-driven real estate platform signed a new lease at 90 Fifth Avenue, effectively doubling its space in the building.

Brokers Weekly »

[29 Oct 2014 | No Comment | ]

Keller Williams NYC (KWNYC), announced it has acquired CitySites New York, a boutique Manhattan real estate firm specializing in the exclusive rental business.
Through this acquisition, KWNYC will add CitySites 150 building exclusive rental portfolio in Manhattan locations.
“Although sales represent 75% of our current business and will continue to be our main focus, this acquisition supports our commitment to the exclusive side of the real estate business whether rentals or sales,” said Eric Barron, CEO of Keller Williams NYC. “Over 40 agents will be joining KWNYC along with CitySites Founder Scott Hakim …

Brokers Weekly, Featured »

[24 Oct 2014 | No Comment | ]
Hot for the High Line

By Dan Orlando
Rain began to creep down the walls of banded windows as Cary Tamarkin held court in one of 508 West 24th’s penthouses.
Tamarkin was there to officially introduce the building, which he designed and built, and give some details on 550 West 29th, which he will be adding to the West Side’s High Line in the next three years.
“Classic modern, meaning not modern today,” said Tamarkin when asked what aesthetic he was looking to create when designing 508. “In fact, it’s quite out of touch with the fashion. It …

Brokers Weekly »

[23 Oct 2014 | No Comment | ]
PHOTO GALLERY: An evening with Neil Patrick Harris

TOWN Residential partner Hudson Union Society hosted an evening in honor of one of entertainment’s most popular and in-demand celebrities, Neil Patrick Harris. The event was held on October 15 at The Kaye Playhouse at Hunter College.

The evening was a  salon-style conversation between Harris and Joe Pascal, President of Hudson Union. Harris shared stories about his famed career and excerpts from his new book “Neil Patrick Harris: Choose Your Own Autobiography.”
TOWN Residential CEO and Co-Chairman Andrew Heiberger and President of Sales Wendy Maitland joined Harris backstage after the event for continued conversation.

Currently appearing in the number one box office hit Gone …

Brokers Weekly, Photo Gallery »

[23 Oct 2014 | No Comment | ]

Developers JVL Property Group, Okada Acquisitions and West Coast developer Zion Enterprises showcased  432 W 52, Hell’s Kitchen’s latest 55-unit luxury condominium. Hosted on the property’s rooftop terrace, the preview offered the brokerage community a first look at the development – including eight model residences – as well as an opportunity to meet the development team. Themed as ‘A Taste of Hell’s Kitchen,’ guests indulged in a range of small plates and cocktails from notable local eateries including Southern Hospitality, Amy’s Bread, Noodies Thai Kitchen, Gotham West’s Genuine Roadside, Casellula and …

Brokers Weekly »

[23 Oct 2014 | No Comment | ]
HAVE YOU HEARD: Star broker Serhant has a new side-kick

REALITY television Realtor Ryan Serhant has a new side-kick and $15 million worth of new exclusives.
Longtime assistant Olivia Robertson is climbing out from behind her desk to become a full time agent, working with Serhant on his deals.
Robertson started out as an intern for the celebrity broker straight out of Hamilton College, where he also went to school.
She got her agents license in 2013 and began working her own deals as part of the Serhant Team.
The two now share several listings and have just begun marketing three luxury penthouses at …

Brokers Weekly, Deals & Dealmakers, Finance & Accounting »

[21 Oct 2014 | No Comment | ]

Boston National Title, established in 2006 and headquartered in Charlotte, NC, has acquired a stake in New York-based Insignia Title Agency.
The acquisition gives Boston National an instant entrée into New York’s high-powered real estate deal flow.
Large financial institutions and brokers that already rely on Boston National to perform title work and issue insurance on commercial and private wealth transactions outside of New York, can now take advantage of the Insignia BNT team on their New York transactions, according to Boston National CEO and managing partner John Keratsis.
“What you’re seeing is …

Brokers Weekly »

[21 Oct 2014 | No Comment | ]

RLTY NYC has officially launched its operations in New York City.
The full-service real estate company will be led by co-founders and principals Emir Bahadir, a multi-generational real estate professional, and Benjamin Benalloul, a developer and real estate executive.
The firm will specialize in brokerage, property management and development of luxury and extraordinary properties.
Bahadir and Benalloul were involved in the first resale at the Extell’s One57 tower at 157 West 57th Street — a $34 million condo.
The company said it has arranged global alliances with European and Middle Eastern investors.
“The intention of …

Brokers Weekly, Featured, Finance & Accounting »

[20 Oct 2014 | No Comment | ]
Suzuki secures construction loan for Gramercy condo

Developer Sam Suzuki has secured an $18 million loan to convert a former Gramercy police precinct into luxury condos.

Mortgage Equicap LLC announced this morning (Monday) that it arranged the non-recourse construction loan for a 12-unit condominium conversion near Gramercy Park.

Brokers Weekly »

[17 Oct 2014 | No Comment | ]
Flatiron District getting 400 new apartments

By Holly Dutton
Over 400 new apartments are being built in the Flatiron District as developers eat into every piece of land available in the neighborhood.
Chinese developer Cheerland Investments could build as many as 106 apartments at 105 East 22nd Street, 106,000 s/f building it just bought for $128 million, according to brokers familiar with the property.
Along the street, at 455 East 22nd Street, developer Bruce Eichner is building a nearly 800 ft. tall luxury tower that will have 83 units.
And just west of that, at 7 West 21st Street, Friedland …

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