The Real Deal - New York Real Estate News

The (kosher) power lunch: Where the observant in NYC real estate dine and do deals

Posted: 21 Jul 2018 03:00 PM PDT

It wasn’t that long ago that gourmet glatt steakhouses were basically nonexistent, meaning that when observant Jews sat down for a high-powered business lunch over some juicy prime beef, they were often left to order a salad. Although there were kosher steakhouses in the city, there were few during the 1990s that rose to the level of a first-class dining experience where real estate industry bigwigs could wine and dine clients. “We’re old enough to […]

ScarJost eyeing $8M Hamptons pad

Posted: 21 Jul 2018 01:00 PM PDT

Actress Scarlett Johansson and boyfriend Colin Jost, he of “Saturday Night Live” fame, are looking at an $8 million condominium at Gurney’s in Montauk. The couple toured a five-bedroom condo on the market for $7.95 million, the New York Post reported. The price was recently reduced from $8.49 million. The roughly 4,100-square-foot home at 272 Old Montauk Highway has private parking and a dedicated beach cabana, the report said. Saunders’ Chris Coleman has the listing. […]

Get some rest in the city that never sleeps for just $25

Posted: 21 Jul 2018 11:00 AM PDT

Having trouble sleeping in the city famous for not sleeping? Forking over $25 could help fix that during your lunch break. Or maybe not. Mattress company Casper has started selling naps at its new showroom, the Dreamery, at 196 Mercer Street in Soho, according to the New York Post. The sleepy service costs for $25 for 45 minutes, and people can book the space for as long as four hours. The firm offers nappers drinks, healthy […]

Return of the Yolanda: Real estate blogger posts again after unmasking

Posted: 21 Jul 2018 10:00 AM PDT

UPDATED, July 20, 5:07 p.m.: The controversial real estate blog “Yolanda’s Little Black Book” resurfaced on the L.A. real estate scene Friday, publishing a fresh scoop about a multi-million-dollar Malibu sale, one week after the blogger was unmasked as a former Compass finance manager. And in the latest post, which detailed developer Geoff Palmer’s $12.7 million buy on Carbon Beach, “Yolanda,” who was revealed by the Los Angeles Times to be James McClain, didn’t exactly avoid […]

Indian government needs to restore or demolish Taj Mahal, country’s Supreme Court says

Posted: 21 Jul 2018 09:00 AM PDT

It might be smart to plan that visit to the Taj Mahal sooner rather than later. India’s Supreme Court has ruled that the country’s government needs to restore the famous building, or else they could shut down or demolish it, according to The Art Newspaper. The two-judge committee said in May that the monument, made of white marble, is turning yellow and brown in spots because of insect dung and pollution. They advocated recruiting foreign experts […]

Some of the priciest neighborhoods are built on reclaimed land

Posted: 21 Jul 2018 07:00 AM PDT

There’s money to be made in moving land to the right place. Large-scale reclamation projects made land more valuable in places like Manhattan and Boston, the Wall Street Journal reported. Battery Park City, for example, was built in part on sand shipped from Staten Island in the 1970s. The same dirt that was roughly $350 per square foot in Staten Island became worth an average of $1,431 per square foot in the Manhattan neighborhood. Similarly, […]

Is Sheepshead Bay’s resi development boom causing an office shortage?

Posted: 21 Jul 2018 05:00 AM PDT

 Sheepshead Bay is located as far south into Brooklyn as one could get, nearly an hour’s train ride from Manhattan. But its distance from the city’s epicenter has not stopped the borough’s development boom from grabbing hold of the neighborhood. Glitzy new residential projects are helping reshape the Brooklyn outlier, including a 28-story project on Sheepshead Bay Road from AvalonBay Communities and Muss Development, as well as a pair of projects from Rybak Development […]