Afternoon Roundup: More Sales Data, And a Downtown Closing

A previously reported deal on William Street downtown has closed. And more.  . . .

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In the News . . .

  • Posted at 12:13, December 17, 2013
  • By Quidnunc Staff

. . . are reports on Greenpoint and Roosevelt Island development, and a video on high-priced residential real estate.

 

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Looking Back on Monday

Activity on Sixth Avenue, an Internet sale for $19 million in Midtown South, and office space tightens nationally.

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What's Hindering School Construction?

  • Posted at 9:41, December 09, 2013
  • By Quidnunc Staff

Catching up with two stories Crain's New York Business posted overnight: on L+M Development's affordable housing work, and spiraling insurance costs for the  New York School Construction Authority.

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A Massive Affordable Housing Development Is Announced

To go along with our look today at an affordable housing discussion last night, the city--hearing the pleas?--gives the green light to the biggest such project in 40 years. Coming to Long Island City, nearly 800 affordable units, many two- and three-bedroom apartments, in a nearly 1,200 unit complex. TF Cornerstone is the developer.

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Is this the Greenest Ever?

Crain's New York Business reports that a vacant lot sold today in Harlem will be the most energy efficient apartment building in Manhattan.

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City Science Initiative Includes an East Harlem Science Center

Biotech development will partner Mount Sinai andRensselaer Polytechnic Institute as part of an effort to develop medical technologies.

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Monday's Wrapup, Tuesday's Early Report

More good news for retail real estate activity, and more bad news for co-op owners who rent out rooms to vacationers, this time in an affordable housing setting.

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UPDATED: Catching up with ....

... Mor-TAHN's WashPo interview, his Boston Properties special dividend, and a Crain's story on the latest step in developing the controversial Knightsbridge armory in the Bronx.

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Tomorrow's News, Right Now.

The NYC media is getting ready for Thanksgiving with a lot of commercial real estate news. 

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Mortgage Risk Manager Consolidates on Fifth Avenue

The move to midtown was engineered by CBRE brokers.

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Valuing the Vacant Lots: Where's the City Revenue Hiding in Plain Sight?

A followup by Crain's on yesterday's story about re-valuing the tax bite on the city's vacant lots. The new mayor wants to provide incentives for developing the land, specifically looking for affordable housing.

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Witkoff Teams with Malaysian Investor for CPS's Park Lane

Big deal:  Crain's is reporting that the Park Lane Hotel has been sold for $660 million.

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Why Should You Build ASAP? Updated!

  • Posted at 11:29, November 25, 2013 Updated: 1:52, Nov 25
  • By Russ Bleemer

The days of warehousing land and lots is over.  It's time to build because you are going to have to pay up anyway.  Long vacant, inner-city speculation will end when the new De Blasio administration forces your hand by raising your taxes big time.  Via Crain's New York Business.

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What's Up with the Glass Palace on Astor Place?

Big tenant things:  Crain's New York Business says that after a false Facebook start earlier this year, Twitter may be the anchor tenant in the new Minskoff-developed 12-story East Village gateway office building.

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