Tuesday, June 30, 2015

JDS, PMG secure $725M loan for 111 West 57th St.

Rendering of 111 West 57th Street (credit: Hayes Davidson/SHoP Architects) (inset: Kevin Maloney and Michael Stern)

Rendering of 111 West 57th Street (credit: Hayes Davidson/SHoP Architects) (inset: Kevin Maloney and Michael Stern)

Michael Stern’s JDS Development and Kevin Maloney’s Property Markets Group secured a $725 million construction loan from AIG and Apollo Global Management, paving the way for the rise of their supertall residential tower at 111 West 57th Street. (more…)

Robert Levine’s RAL, partner tapped for Brooklyn Bridge Park resi project

The Pier 6 developments at Brooklyn Bridge Park (credit: ODA New York) with Robert Levine and David Wine (inset)

The Pier 6 developments at Brooklyn Bridge Park (credit: ODA New York) with Robert Levine and David Wine (inset)

A joint venture led by Robert Levine’s RAL Development Services will make an up-front payment of $106 million to acquire a long-term ground lease on two parcels in Brooklyn Bridge Park where the partners plan to build a pair of residential buildings. (more…)

Gableman changes his mind about that Rindfleisch appeal #JohnDoe #JohnDoeII #JohnDoe2

“A Wisconsin Supreme Court justice on Tuesday withdrew his unusual request asking for his colleagues on the state’s highest court to review its decision not to hear an appeal of a felony conviction from a former aide to Gov. Scott Walker.” – source Interesting. I feel loathe to speculate about this turn of events because more »

New LLNYC issue features Novogratz design duo

novogratz-townhouse

Like summer, the new issue of Luxury Listings NYC proves well worth the wait, with its focus on families, fun and incredible finds in our own backyard!

Raising kids in style in Manhattan is no mean feat. That’s why we turned to husband-and-wife design team and HGTV stars, Rob and Cortney Novogratz. Our cover story takes you inside the colorful, playful home the duo shares with their seven (!) kids – a blueprint for fabulous family living in NYC. And in “Kidding Around,” we explore how Manhattan designers create children’s rooms that are stylish and super fun.

“Hamptons Trophies,” features a rundown of the most expensive homes in the Hamptons and on the North Fork. And, there’s more dazzle on tap in “Hidden Gems,” as we take you on a visit to the country’s largest diamond factory – in Midtown Manhattan!

An issue of LLNYC wouldn’t be complete without “Luxe Life.” This month’s must-haves include cool outdoor items for the hot summer months. And, check out the latest party photos from the biggest NYC awards and galas in “Scene/Seen.”

The July/August issue will be out the week of July 6. Enjoy! — LLNYC

Former PropertyShark CEO barred from using ex’s trademark

Ryan Slack and Sandy Hussain

Ryan Slack and Sandy Hussain

UPDATED, June 30, 9:36 p.m.: Ryan Slack, co-founder of PropertyShark and current CEO of real estate conference company GreenPearl, was ordered by a judge Monday to stop using a trademark invented by his ex-girlfriend to market fashion events.

Slack and his ex, Sandy Hussain, a Harvard graduate in urban planning, have been mired in a court battle since November, when Hussain first sued slack in Kings County Supreme Court for $44 million, claiming that he absconded with her idea for a fashion conference company branded under the name Fashion Digital New York. Slack was characterized as a manipulative philanderer who “survives off a steady diet of (New York City) women,” according a New York Post story published at the time. (more…)

Monday, June 29, 2015

The Wrap: NBC fires Donald Trump, South Brooklyn Marine Terminal to become an active port again … and more

Donald Trump

Donald Trump

1. NBC fires Donald Trump [NYT]
2. South Brooklyn Marine Terminal to become an active port again [Crain’s]
3. Virtual reality tours enter commercial real estate [WSJ]
4. Forest City’s Navy Yard modular factory to live on post-Pacific Park [Crain’s]
5. Luxury storage units cost the same as a starter home [Bloomberg News]
6. DDG gets approval for Tribeca luxury buildings [Crain’s]

Tess Hofmann

Waldorf Astoria strikes $149M deal with union

The Waldorf Astoria

The Waldorf Astoriaal

The hotel workers union has stood in the way of plans to convert a portion of the Waldorf Astoria into luxury condos, ever since its $1.95 billion sale to a Chinese firm earlier this year. But the new owner and the workers have now struck a $149 million deal. Some employees are eligible for more than $300,000 payouts and one worker will receive $656,409.68. (more…)

Journalist recalls strange lunch with Robert Durst days before arrest

Croissant Brioche, the restaurant where Vanessa Leggett met  Robert Durst and Robert Durst

Croissant Brioche, the restaurant where Vanessa Leggett met Robert Durst and Robert Durst

“Most people don’t realize how heavy the human head is,” Robert Durst told a Houston journalist over lunch just days before his most recent arrest for the alleged murder of Susan Berman. Their conversation was every bit as bizarre as you might expect. (more…)

Mandatory nudity and towel rationing: 7 observations from inside Spa Castle Premier 57

1200x-11

Spa Castle

From Luxury Listings NYC: Spa Castle Premier 57 is back. Following a troubled opening and an abrupt closure at the beginning of the year (it lacked the proper permits), the “luxury” spa unceremoniously announced last week that it’s back in business. Luxury Listings NYC decided to soak in the sprawling three-floor space at 115 East 57th Street to see if it lived up to its lavish reputation. [more]

Gap and Old Navy to open in Bow Tie Building

From left: 1514 Broadway and a Gap store

Talks have turned into a lease at the Bow Tie Building in Times Square, where Gap will open two new flagship stores. (more…)

High-end amenities meet high culture in luxury apartment tower

640x480x66rockwell4.jpg.pagespeed.ic

66 Rockwell Place and BAM

Luxury Listing NYC: Well-heeled hipsters tired of schlepping an entire block to the Brooklyn Academy of Music are breathing a cigarette cloud of relief — now even their building culture is locally sourced. A luxury rental tower at 66 Rockwell Place in Fort Greene has tapped BAM to curate its cultural classes and events for residents in the building’s communal spaces. [more]

Rush responds to the passing of legendary Yes bassist Chris Squire

Chris Squire - YesThis morning we learned the very sad news that legendary bass player and Yes founding member Chris Squire passed away yesterday at the age of 67. Geddy Lee consistently counted Squire among his biggest influences and had the following to say about his passing via Rush.com:

...

Sunday, June 28, 2015

The presidential clown car: Trump trumps Walker, Bernie’s coming to WI, Jill Stein is in, and More

TRUMP ON TOP A FOX poll puts Jeb at #1 and Trump at #2 in New Hampshire. Scott Walker is not in the top. This Politico article says that the numbers are too good to be true and quotes pollsters who say “Everybody should calm down“. Whatever the case, I’m still going to take pleasure more »

Saturday, June 27, 2015

Developers transforming Staten Island together, separately

Renderings, clockwise from top left: Empire Outlets, Lighthouse Point, URL Staten Island and the New York Wheel

Renderings, clockwise from top left: Empire Outlets, Lighthouse Point, URL Staten Island and the New York Wheel

Staten Island is enjoying a $1.3 billion injection of private capital. After decades of relative stagnation, forces have conspired to bring several massive projects to the waterfront of the “forgotten borough” at the same time — namely Empire Outlets, the New York Wheel, Lighthouse Point and URL Staten Island. (more…)

Greystone drops residential plans for Brooklyn Lyceum

Brooklyn Lyceum at 227 Fourth Avenue in Park Slope

Brooklyn Lyceum at 227 Fourth Avenue in Park Slope

Greystone isn’t converting the landmarked Brooklyn Lyceum into luxury condos after all. Instead, it will use the Park Slope building as a “single-use commercial space.” (more…)

Home that inspired “Peter Pan” hits the market

Screen-Shot-2015-06-27-at-11.13

J.M. Barrie

From Luxury Listings NYC: The London home where J.M. Barrie wrote “Peter Pan” is on the market for £6,950,000 (or roughly $10.9 million). And it has many of the same details that inspired the book. [more]

Judge blocks Hamptons helicopter restrictions

A helicopter arriving in the Hamptons and judge Joanna Seybert

A helicopter arriving in the Hamptons and judge Joanna Seybert

Manhattanites headed for the Hamptons can breathe a sigh of relief: A judge has temporarily blocked severe helicopter restrictions. (more…)

Billionaires are running out of space for their giant artworks

Ai Wei Wei’s tower of 760 bicycles

Ai Wei Wei’s tower of 760 bicycles

From Luxury Listings NYC: Billionaires are building their own private museums to store and display all of their over-sized loot. Because heaven forbid the public sees it. [more]

The Wrap: Continuum unveils rendering of Flatiron condo tower, Bob Dylan lyrics chastise Robert Moses … and more

Rendering of 45 East 22nd Street (credit: Williams New York)

Rendering of 45 East 22nd Street (credit: Williams New York)

1. Continuum unveils rendering of Flatiron condos at 45 East 22nd Street [NY YIMBY]
2. Bob Dylan lyrics chastise Robert Moses [Gothamist]
3. Wacky Bronx mansion raises ask to $11.2 million [Curbed]
4. Extell’s 70 Charlton in Hudson Square launches sales [NYT]
6. Besides the Stonewall Inn, what other LGBTQ sites deserve preservation? [Curbed]
6. Shake Shack is coming to Queens Center Mall [DNAinfo]
7. Zaha Hadid’s High Line condos begin rising [Curbed]

Tess Hofmann