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Today's Rates

Mtg Loan Rate APR
30-yr Fixed 4.65% 4.8%
15-yr Fixed 4.11% 4.33%
1-yr Adj 2.76% 3.42%
* national averages

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TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
 
Elie Tahari sues board of 860 Fifth for $50M
9/21/2018 5:05 PM
Fashion designer Elie Tahari’s plan to stitch together two penthouse units on the Upper East Side has hit a snag. Again. The designer — who has sparred previously with the board of 860 Fifth Avenue — is now suing the co-op’s governing board for $50 million, claiming it has stymied his plans to combine the apartments. The suit — which names 14 curre...Read More
 
125 Greenwich supertall closes on $473M debt package
9/21/2018 4:16 PM
After marathon negotiations that began more than two years ago, the developers of the supertall condominium at 125 Greenwich Street have closed on a $473 million financing package with four Asian banks, The Real Deal has learned. The deal answers questions about the future of what is perhaps Downtown’s most visible residential project. The fi...Read More
 
Sales have launched at Tishman Speyer’s 11 Hoyt. Here’s a look inside
9/21/2018 4:15 PM
Tishman Speyer is launching sales at its 57-story tower at 11 Hoyt Street. The 481-unit project — which is rising on the site of a Macy’s parking garage — is expected to be completed in 2020. Corcoran Sunshine Marketing Group is handling sales, and prices range from $600,000 for studios to about $3.4 million for four-bedroom units. Amenities includ...Read More
 
More Massey Knakal alumni leave Cushman for JLL
9/21/2018 3:46 PM
JLL continues to poach former Massey Knakal dealmakers from Cushman & Wakefield. More than half a dozen top brokers focused on Manhattan are leaving Cushman for the rival brokerage, multiple sources told The Real Deal. The moves come shortly after Bob Knakal joined the brokerage to head up investment sales. All the brokers are Massey Knakal alu...Read More
 
Not just Kushner: Other major landlords fail to disclose rent-stabilized tenants on construction permits
9/21/2018 3:21 PM
It wasn’t until Jared Kushner’s family firm was exposed for falsifying construction paperwork that a story about New York building permits made national headlines. But a new investigation by The Real Deal finds that the White House Senior Advisor’s company is far from alone in failing to correctly file paperwork that the city says could help it inv...Read More
 
Day in the life of: Robyn Sorid
9/21/2018 2:45 PM
Robyn Sorid co-founded G4 Capital Partners in 2005 with partners Louis Silverman and Jason Behfarin as the real estate finance arm of Silverman’s family business. The hard-money lender mainly focuses on projects in the five boroughs and has originated 160-plus loans totaling more than $1 billion over the past 13 years. Local developers that have li...Read More
 
Mark your calendars: These are New York’s top real estate events next week
9/21/2018 1:55 PM
There will be a few new real estate events in New York City next week. On Sept. 25, Gensler is hosting a panel, Commercial Real Estate Capital Markets: A Lender’s Perspective, from 8 a.m. to 9:30 a.m. Join Gensler for a discussion with leading commercial real estate lenders, including Michael Lavipour of Square Mile Ca...Read More
 
Howard Michaels, go-to money man for developers, dies
9/21/2018 1:04 PM
Howard Michaels, a pugnacious capital-markets broker who became a lifeline for some of New York’s biggest projects and developers, died Friday. He was 62. The cause of death was cancer, sources said. Michaels formed his firm, the Carlton Group, in 1991. Carlton has completed over $140 billion in financing deals, the firm said in a statement F...Read More
 
Wheels of fortune: with M&A activity and funding rounds abound, the industry is rethinking the value of resi brokerages
9/21/2018 12:15 PM
When the venture-backed brokerage Compass secured a cash infusion of $75 million last month, the response from industry rivals was fast and furious. The valuation being bandied about — more than $1 billion — did little to silence critics who claimed Compass’ math was lofty enough if it was deeming itself a tech startup, but downright artificial for...Read More
 
WeWork is taking a majority of this Chelsea office property
9/21/2018 11:30 AM
Just days after announcing its status as Manhattan’s largest office tenant, WeWork notched another new lease, signing on for 60,000 square feet at 511 West 25th Street in Chelsea. The co-working firm will occupy floors to two to nine of L&L Holding Company and PGIM Real Estate’s nine-story office building. The new Chelsea lease builds on ...Read More




TOP NYC REAL ESTATE NEWS - "The Real Deal" "NY Times RE":
 
Too Customized to Sell?
9/21/2018 4:00 AM
Designing a home with personal touches will make it your own — but it could also make it harder to find buyers when you decide to move on...Read More
 
The High End: Another Condo Tower Sprouts in Downtown Brooklyn
9/21/2018 8:30 AM
Tishman Speyer builds its first condo on the site of a Macy’s parking garage...Read More
 
The Hunt: Going Their Separate Ways, Eight Stories Apart
9/20/2018 4:00 AM
Twins Dale and Hannah Laplace lived together for years. But recently they realized that all they really need to share is their cat...Read More
 
Calculator: Take a Walk
9/20/2018 8:30 AM
Which large American cities are the most walkable...Read More
 
On the Market: Homes for Sale in Brooklyn, Queens and Manhattan
9/20/2018 8:00 AM
This week’s properties are on the Upper East Side, Prospect Heights, Brooklyn, and Rego Park, Queens...Read More
 
On the Market: Homes for Sale in New York and Connecticut
9/20/2018 4:00 AM
This week’s properties include a four-bedroom in Pelham, N.Y., and a five-bedroom in Stamford, Conn...Read More
 
Living In: Bridgewater, Conn.: No Supermarkets, but Natural Beauty to Spare
9/20/2018 9:56 AM
This small town on the southwestern tip of Litchfield County offers residents a tranquil retreat, complete with rolling hills and grazing cattle...Read More
 
International Real Estate: House Hunting in … England
9/19/2018 8:30 AM
Surrey has long attracted affluent buyers with good schools, an easy commute to London and rural beauty. But recently the housing market has taken a hit...Read More
 
What You Get: $1.3 Million Homes in Kentucky, Texas and Delaware
9/19/2018 8:00 AM
A three-story brick colonial in Louisville, a condominium in Dallas and a restored antique house near Delaware Bay...Read More
 
The Fix: Lighting a Room, Simplified
9/20/2018 11:19 AM
The right lighting can lift your spirits and make you more relaxed and productive. Here’s how the pros do it...Read More