69 Adams Street Brooklyn

69 Adams Street Brooklyn

Jehovah’s Witnesses list another Dumbo dev site爱上海同城 爱上海 Property at 69 Adams Street has 157K of buildable space

The Jehovah爱上海同城对对碰 爱上海同城论坛’s Witnesses aren’t out of prime Brooklyn real estate properties just yet.

The organization is listing 69 Adams Street, a four-story recreational facility with about 157,000 square feet of as-of developments rights.

The Witnesses have owned the site, which has 103 feet of Front Street frontage, since 1991.

The property is the latest offered by the group, which is leaving Brooklyn for Warwick, NY after over a century headqu上海龙凤论坛 新上海贵族宝贝论坛artered in the borough, the Brooklyn Eagle reported.

In April, a group of investors led by Jared Kushner and Aby Rosen picked up two of the most coveted properties – 25-30 Columbia Heights in Downtown Brooklyn, known as the Watchtower, and a development site at 85 Jay Street in Dumbo, which has 1.1 mi上海千花网 爱上海同城对对碰llion square feet of rights – for about $700 million.

Vincent Viola, founder and CEO of Virtu Financial, paid $105 million for the 153,000-square-foot 124 Columbia Heights in Br阿爱上海同城 阿拉爱上海同城ooklyn Heights late last month.

The Witnesses listed the 161-unit, 154,000-square foot rental building at 107 Columbia Heights last month. [Brooklyn Eagle] – Ariel Stulberg

Tags: jehovah’s witnesses
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Hong Kong Apartment Market

Hong Kong Apartment Market

Hong Kong expats search out haunted buildings to score cheap apartments Many Chinese believe death creates bad feng shui

The ghost of homeowners past flying over th上海贵族宝贝交流区 上海贵族宝贝论坛e Hong Kong skyline

In famously pricey Hong Kong, apartments can be even more expensive than in Manhattan. But there is one easy albeit eerie way to score a bargain: move into an 上海千花网论坛 上海千花网apartment where someone died.

Many Chinese residents of Hong Kong believe that a death in an apartment creates bad Feng Shui, and are typically reluctant to rent or buy it afterwards. Those who don’t believe in feng shui, including most expats, can bene新上海贵族宝贝论坛 上海贵族宝贝交流区fit from that drop in demand and land a unit on the (relatively) cheap.

Spacious.hk, a listing site, tracks deaths in news and police reports and identifies the units in which they occurred. It then allows its users to filter their apartment search by tragedy, under a category called “haunted.” The company told Vice s Motherboard that the feature is used more than 5,000 times a month.

The death discount can be steep. For example, after two prostitutes were murdered in a one-bedroom apartment at the J Residences building, its asking rent got slashed by around half, from $3,740.

“It’s al爱上海龙凤419桑拿 上海龙凤论坛sh1fl a part of feng shui—there are no hard and fast rules, it’s about爱上海 爱上海同城手机版 how you interpret the magic,” Spacious’ founder Asif Ghafoor told Motherboard.

Bloomberg reported in July that Hong Kong s real estate market is at its weakest point in 25 years. [Vice] Konrad Putzier

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David Picket

David Picket

Gotham Organization’s president on playing guitar, recovering from a skiing accident in Utah and how he sources deals

David Picket (Photo by Larry Ford)

David Picket is the president of Gotham Organization, one of the oldest development firms in New York City. Founded in 1913, Gotham has built about 35,000 apartments and a combined 40 million square feet of commercial and residential space, largely concentrated in Manhattan. The family-run firm, with about 150 employees, develops a mix of rentals and condos and operates two namesake food halls. Its property management arm manages about 4,000 rental apartments. Gotham’s most recently completed project was the Ashland, a 53-story, 586-unit rental tower that opened in Fort Greene in Brooklyn in July. The firm is currently working on a 38-story rental tower in Long Island City with Brause Realty and a 39-story Midtown West rental tower at 515 West 42nd Street with BD Hotels. Picket, 54, is a fourth-generation executive at the company and runs it with his father, Joel爱上海同城对对碰 爱上海同城论坛, Gotham’s chairman and CEO, who’s in his 70s. David studied English at Cornell University and earned a law degree from Columbia University. He joined Gotham in 1991 and has worked there since.

7 a.m. I wake up in an Upper West Side condo building, which was not developed by Gotham. Since my wife and I moved from Westchester to the city three years ago, I picked up an extra 45 minutes of sleep, which is awesome. I answer emails from the night before over brea[……]

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Westhampton Beach is the “hot new hood”

Westhampton Beach is the “hot new hood”

It may be a quiet, family-friendly village上海夜网论坛 上海夜网 now, but Westhampton Beach, according to t上海夜网 阿爱上海同城he New York Post, could soon blow up. Since its property prices remain lower than those in neighboring towns — with, for example, oceanfront digs 爱上海同城手机版 新爱上海同城对对碰论坛at 143 Dune Road listed for a comparatively reasonable $8 million —the surf-friendly area also boasts stylish eateries, go新爱上海同城对对碰论坛 上海同城对对碰交友社区lf courses and a new private club opening in July, which was developed by Mike Meldman, who once described his resorts as “frat houses for families.” Brace yourself, Westhampton. [NY上海夜网 阿爱上海同城P]

Tags: Hamptons
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Extell Development

Extell Development

Extell sells East Side site to Chinese developer for $75M China Overseas is behind Jersey City’s proposed tallest tower

Gary Barnett and 499 and 501 Third Avenue (Credit: Google Maps)

China Overseas Land Investment, the developer behind what will be Jersey City’s tallest skyscraper, bought a devel上海贵族宝贝交流区 上海贵族宝贝论坛opment site from Extell Development on the East Side of Manhattan for about $75 million, sources told The Real Deal.

China Overseas, a 上海夜网论坛 上海夜网subsidiary of the state-owned development giant C上海龙凤论坛 新上海贵族宝贝论坛hina State Construction Engineering Corporation, picked up Extell’s assemblage at 4上海龙凤论坛 新上海贵族宝贝论坛99-501 Third Avenue at the border of Murray Hill and Kips Bay along 34th Street.

The deal works out to $550 per buildable square foot for the site, which has 135,000 square feet of development rights.

A spokesperson for Extell declined to comment, and representatives for China Overseas could not be immediately reached. Meridian Capital Group’s Helen Hwang marketed the property on behalf of Extell, and did not respond to requests for comment.

Gary Barnett’s Extell began assembling the site in late 2015 with the purchase of two properties at the corner of Third Avenue and 34th Street for $16.5 million. He picked up an adjacent building on Third Avenue the following year for $11.25 million, then transferred the property’s air rights to his development site before selling the five-story building for $7.2 million. The developer then filed a permit application for a 13-story mixed-use property last yea[……]

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Walt Whitman

Walt Whitman

Walt Whitman’s BK house not worthy of landmark status, city says Poet didn’t spend enough time there, according to Landmarks

Walt Whitman and 99 Ryerson Street

Famed poet Walt Whitman may have spent some tim上海千花网论坛 上海千花网e in Brooklyn, but the city has ruled it wasn’t enough time to make his house a landmark.

Whitman spent part of his life in Clinton Hill at 99 Ryerson Street, but the Landmarks Preservation Commission has determined that, because he lived there for a short amount of time and because the home now looks markedly different, it is not worthy of being a landmark, according to Brownstoner.

Whitman’s mother bought the Brooklyn house on May 24, 1855, and sold 上海龙凤论坛 新上海贵族宝贝论坛it six months later, according to the commission. This means that Whitman was living there when his most famous work “Leaves of Grass” was published.

Lawyer, poet and preservationist Brad Vogel had su上海千花网论坛 上海千花网bmitted a request for evaluation to the commission in October, and the 爱上海同城论坛 爱上海同城organization’s decision did offer some hope for the future, saying that “we remain open to further evaluation should additional information come to light.”

Vogel told Brownstoner he is not going to give up the fight.

“The commission rejected our initial request for evaluation, but this is not over — not by any means,” he said. “99 Ryerson Street is an incredibly significant building.” [Brownstoner] – Eddie Small

Tags: landmark, landmarks preservation commission, Residential Real Estate
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NYC Interior Construction

NYC Interior Construction

Interior construction keeps attracting corruption. But why? Officials are reportedly looking into $100M worth of fraud, highlighting the industry’s checkered past

Corruption seems to be an enduring theme in interior construction: Every few years, a major contractor is forced to pay hefty fines for one form of fraud or another.

Most recently, state officials and investiga上海千花网论坛 上海千花网tors from the Manhattan District Attorney’s Office raided the offices of Bloomberg L.P. and Turner Construction in October, in relation to an alleged overbilling scheme, a New York Times report revealed last week. Bloomberg overpaid Turner $1 million as part of an agreement between company executives and subcontractors to inflate contracts, according to the publication. The raid was reportedly part of a broader investigation into $100 million worth of fraud involving other contractors and clients.

Representatives for the Manhattan District Attorney s Office declined to comment on Friday. A representative for Turner said the employees involved in the alleged scheme no longer working for the company, though didn t identify the individuals. The representative noted that Turner had no participation in the alleged situation and did not profit from it.

We firmly believe our staff takes compliance very seriously and does the right thing, ” It is a shame that a few rogue employees may have acted in a non-compliant and criminal manner and tarnished the image of the companies they worked for and the industry as a[……]

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CompStak

CompStak

Mike 爱上海 爱上海同城手机版Sroka and Michael Mandel

UPDATED, 8:54 a.m., April 25: Real上海千花网 爱上海同城对对碰 estate acquisitions management platform Dealpath and data company CompStak formed a “strategic partnership,” the latest case of tech startups banding together to appeal to a broader swath of customers.

Under the agreement, people who上海千花社区 上海千花网交友 subscribe to both products can integrate them and look at CompStak’s data on the Dealpath platform.

Dealpath, founded in 2014 by Mike Sroka, Kenter Wu and Andy Lee, runs an online platform to help acquisition teams manage potential deals. Sroka said his customers often turn to CompStak, a leasing and sales comp database, when analyzing which properties to buy.

“We want to be the command center for investment decisions,” he said, adding that the company already links its platform to products like Dropbox. He predicted that more software startups will form alliances in the future.

CompStak, founded by Michael Mandel and Vadim Belobrovka in 2011, previously str上海千花网交友 上海千花网论坛uck partnerships with Argus, VTS and Xceligent (which filed for bankruptcy in December). Launched as a crowdsourced leasing comp database, the company branched out into sales comps last year. In a statement, Mandel described the alliance with Dealpath as a “natural partnership.”

Correction: An earlier version of this story wrongly identified Dealpath s new partner. It is CompStak.  

Tags: Commercial Real Estate, Reonomy, Tech
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Vickey Barron

Vickey Barron

Corcoran’s Vickey Barron jumps to Compass VC-backed firm also lands top agents from CORE, BHS

Vickey Barron and Robert Reffkin

Vickey Barron — one of the city’s top age上海夜网 阿爱上海同城nts and a heavy hitter in new development brokerage — has left the Corcoran Group for Compass.

Barron, who joined Corcoran in June 2017, is best known for leading sales at a trio of Ralph Walker buildings that were converted into condominiums, including 100 Barclay, Stella Tower and Walker Tower, where she sold the record-breaking $51 million penthouse in 2014. At Corcoran, she was recently marketing the penthouse at Magnum Real Estate’s 100 Barclay, which is asking $59 million.

Barron did not immediately respond to a request for comment, but so上海贵族宝贝交流区 上海贵族宝贝论坛urces said she is not bringing any of Corcoran Sunshine Marketing Group s listings to Compass.

Barron s team — which includes daughters Teka Klopfenstein and Pacey Barron — ranked No. 2 on The Real Deal’s annual list of top agents last year, closing $286 million in sell-side deals in 2017.

In addition to Corcoran, Barron has been affiliated with several firms in recent years. She worked at Douglas Elliman from 2000 to 2011 and 2013 to 2017. In between stints at Elliman, she worked at CORE, where she first landed the assignment at Walker Tower.



“I enjoy Vickey as a person she’s quite giving when it comes to her wish to share her educational platform with others,” Corcoran CEO Pam Liebman said of Barron’s move. “I think she’s hoping to expand this in her next ven[……]

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