Page 6 - Pm Development News Today

Share via Shortlink Jennifer Kalish was Elliman’s top individual broker, while Holly Parker led the top team in Manhattan. (Douglas Elliman) UPDATED, March 5 2021, 5:40 p.m.: Awards season is here for residential brokerages, but like this year’s Golden Globes, it’s being celebrated in a much lower key. Douglas Elliman swapped its gala for an announcement, while Corcoran Sunshine Marketing Group announced its awards virtually. Annual awards are a tradition for some firms, providing...

450 West 31st Street, New York, NY 10001 Phone: 212-260-1332 We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. click hereOk, Got it Privacy & Cookies Policy Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities o...

The growing attraction of short-term real estate loans during the pandemic is making it easier to borrow to refurbish properties.

Paula Segal, an attorney who represents Tenants United Fighting for the Lower East Side and other neighborhood groups in one lawsuit, said her clients are considering their legal options. Kenneth Kimerling, who represents Lower East Side Organized Neighbors and other organizations that brought a second lawsuit, did not immediately return a request seeking comment. Because the Appellate Division’s decision was unanimous, the groups would need to receive court approval to appeal to the state’...

15 Park Row (Google Maps) A half-empty apartment building near City Hall has traded hands at a major discount, in an indication of how the pandemic has impacted rental property values. Joe and Rachelle Friedman, the owners of the iconic but now-defunct J&R Music World, sold the 31-story apartment building at 15 Park Row — once the tallest building in the world — to investor Atlas Capital Group for about $140 million, sources familiar with the transaction told The Real Deal. The property in...

Three Lively Proposals Look to Liven up Blighted Pier 5 The Boston Planning and Development Agency (BPDA) told the development community they would need to be creative with any proposals from the blighted, condemned Pier 5 in the Navy Yard, and three entities did just that proposing innovative plans for mixed-use reuses of the pier. All three proposals will be reviewed in a public meeting on Feb. 8, and full submissions are now available on the project website. The proposal by 6M Development us...