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Developer David Cropper Joins Four Corners Properties

A former partner at development firm TMG Partners has joined Four Corners Properties as a principal. David Cropper signed on to the Los Altos-based commercial real estate firm as one of five principals overseeing its development and investment, the San Francisco Business Times reported. He had served as managing director of San Francisco-based TMG, where […]

What is a ‘classic six’ apartment, and why are they desirable?

If you’re drawn to New York’s older, prewar buildings, you’re probably a fan of the classic six. These are apartments with decorative details, high ceilings, and plaster moldings—and as the name suggests, a layout with six, separate rooms.  A classic six also has coveted features like large rooms, wood floors, and solid-core doors. These types […]

Staten Island Outlet Mall Sold for $10M at Auction

BFC Partners handed off its outlet mall on Staten Island after the property was purchased at auction by one of the operator’s senior lenders. Goldman Sachs Urban Investment Group bought the Empire Outlets at a foreclosure auction held on Thursday for $10 million, the Staten Island Advance reported. The auction capped a foreclosure saga that […]

Suit Seeking Homes at the VA West LA Campus May Go to Trial

A lawsuit from veterans challenging leases by West L.A.’s Department of Veterans Affairs’ campus to UCLA and a private school in favor of new housing for homeless vets could possibly go to trial. U.S. District Judge David Carter denied motions to dismiss key parts of a class-action lawsuit that seeks to declare the leases illegal […]

My movers got a parking ticket. Do I have to pay for it?

When I moved to an apartment in Chelsea recently, the mover’s truck got two tickets and the movers insisted on giving them to me. When I called the company, they said I was responsible for paying them. Is this normal for moving in New York City? No, it’s not normal. Usually a moving company will […]

The Real Deal Weekly Dirt:

It was a wild news week in Miami — more so than usual, I promise.  On Monday, we started with the scoop revealing Lionel Messi’s purchase of a waterfront mansion in Fort Lauderdale. And by Thursday, a commissioner and prominent land use attorney found themselves in jail (later released on bond). Miami city commissioner Alex […]

Michael Stern Taps Alexanders For Dolce & Gabbana Miami Tower

Michael Stern tapped Official to lead sales of his Dolce & Gabbana-branded supertall condo tower planned for Miami’s Brickell neighborhood.  Stern’s JDS Development Group partnered with the Italian fashion house that is expanding into real estate with other projects planned in Spain and the Maldives. The Miami tower, at 888 Brickell Avenue, was previously planned […]

How to sell faster in a slow NYC real estate sales market

The saying “time is money” may not have been coined with New York City real estate sellers in mind, but in a slow market, many sellers gain an acute and painful understanding of the phrase. When properties linger on the market, sellers lose money when they have to make price cuts. If they are carrying […]

Oklahoma Leaders Announce $1 Billion Entertainment District Plan

A coalition of prominent figures from Norman’s civic, business, and education sectors has revealed ambitious plans for a groundbreaking $1 billion entertainment district.  The proposed development, spearheaded by “Team Norman,” seeks to transform the city with a slew of amenities, including a new arena for University of Oklahoma athletics, hotels, offices, shops, restaurants, bars, entertainment […]

Most Popular Posts of the Week include short-term rental registration rules now in effect

BuyRent NeighborhoodManhattanBronxBrooklynQueensStaten IslandWestchesterJersey CityHoboken Priceup to $500,000up to $750,000up to $1,000,000up to $1,250,000up to $1,500,000up to $2,000,000up to $3,000,000up to $5,000,000up to $6,000,000up to $7,000,000up to $8,000,000no maximum Priceup to $2,000up to $3,000up to $4,000up to $5,000up to $6,000up to $7,000up to $8,000up to $9,000no maximum Bedroomsstudioat least 1 bedroomat least 2 bedroomsat least 3 […]

Fortis Property Group, Valley Bank Agree to Seaport Mediation

Fortis Property Group and Valley Bank have agreed, in theory, to play nice. In separate letters to Judge Barry Ostrager, the companies expressed a willingness to try mediation again on the stalled 161 Maiden Lane skyscraper. But they also took jabs at each other and laid out different terms for any talks.  Judge Barry Ostrager […]

Damac Nabs Preliminary OK for Surfside Collapse Site Project

Damac Properties scored preliminary approval for its luxury condo project in Surfside, despite an outcry from victims’ families against plans for a garbage pickup area next to the collapse memorial.  The Town of Surfside Planning and Zoning Board voted 4-1 in favor of the Zaha Hadid Architects-designed development on Thursday night, with board member Lindsay […]

How much should you renovate your NYC apartment before selling it?

It’s one thing to renovate your apartment or brownstone when you will be enjoying the results. But what about when the renovation is solely to make your property more appealing to buyers so you get a good price and stand out from other listings in the current (and competitive!) buyer’s market?  So the million-dollar question […]