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Monthly Archives: June 2019

Check out TRD s new and improved mobile app Latest update includes cleaner design and easier navigatio上海千花社区 上海千花网交友n

The Real Deal is bringing a cleaner design and more seamless navigation to our latest mobile爱上海同城对对碰 爱上海同城论坛 update, which is now available for download in Apple s App store.

The latest version of our app includes a separate feed for our new Los Angeles新上海贵族宝贝论坛 上海贵族宝贝交流区 website, which joined The Real Deal s family of news websites in January. An updated navigation bar allows readers to access each of the three markets with ease, and a new National tab aggregates our New York, South Florida and Los Angeles websites into one stream.

We ve also incorporated a smoother, sleeker design. A new feature, which is located on the bottom left of a post, lets users increase the text size for easier reading. Like our previous app, you can text, email or share stories to your social media sites, via the icons located on the bottom of each post. You can also search for stories you may have missed by clicking on the magnifyin阿拉爱上海同城 爱上海龙凤419桑拿g glass in the top right corner of the homepage.

Click here to download the iPhone app, or search for “The Real Deal” in the App Store. Android users, keep an eye out in the near future we ll have an upd爱上海同城手机版 新爱上海同城对对碰论坛ated app soon.

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The veteran developer on marrying his secretary, being friends with Bill de Blasio and Leonard Litwin, and never retiring

Donald Zucker (Photo by Marc Scrivo)

Donald Zucker is the founder of the Donald Zucker Company, a Midtown-based firm that builds, buys and manages apartment and retail properties. The company, which started as a mortgage brokerage in 1961, has since developed nearly 30 buildings — a mix of rental, condo, co-op and retail — and acquired roughly 3,000 additional apartments. Zucker’s largest ground-up projects include the 35-story rental tower Rivergate, which he sold in 2011 for $443.4 million. His 300-person firm has recently gone on a buying spree of net-leased retail properties housing banks and McDonald’s restaurants along the East Coast. Zucker, who serves on the Real Estate Board of New York’s executive committee, is one of the top political donors in the industry. He was a full-time adviser on construction to then mayor Ed Koch and served as chair of the School Construction Authority under then mayor Rudy Giuliani.

DOB: March 27, 1931
Lives in: Sands Point, Long Island
Family: Married; seven children

What was your childhood in South Brooklyn like?

My dad was the sales manager of a very large men’s clothing manufacturer. He was away two months at a time, three times a year. As a result, my mother really brought me up. I went to Lincoln High School in Brighton Beach. Years later, in 上海千花网交友 上海千花网论坛2002, I built a new library for the school. They were still on the De[……]

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Vulcan pays $93M for NYPL s commercial condo at 188 Madison The building houses CUNY’s Graduate Center

188 Madison Avenue and Microsoft s Paul Allen (credit: Facebook)

The New York Public Library sold off a commercial阿拉爱上海同城 爱上海龙凤419桑拿 condominium at its Midtown branch at 188 Madison Avenue to Seattle-based Vulcan Real Estate for $93 million, property records show.

The thirteen-story building, which has an alternate address of 365 Fifth Avenue, comprises the entire block between Fifth and Madison avenues, and 34th and 35th streets. It houses both the CUNY Graduate Center on the Fifth Avenue side, and the public library’s Science, Industry and Business branch on Madison Avenue.

The library acquired the 885,000-square-foot building, which was formerly a B. Altman department store, in 1993. It was divided into four condo units in 2012, and the library sold a five-floor office condo in the buildin上海龙凤论坛sh1f 上海龙凤论坛g to the Church Pension Fund in 2012 for $60.8 million.

Vulcan s unit is roughly 爱上海同城论坛 爱上海同城100,000 square feet and comprises the three floors used by the Science, Industry and Business branch. Representatives for Vulcan weren t immediately available for comment. A spokesperson for the library said the Science, I上海贵族宝贝交流区 上海贵族宝贝论坛ndustry and Business branch would relocate to the mid-Manhattan branch at 455 Fifth Avenue after a renovation there is completed.

Vulcan, which is active in Seattle and is led by Microsoft co-founder Paul Allen, branched out to Los Angeles earlier this year with the $40 millio[……]

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City taps Fetner Properties to build new UES mixed-income tower Half of the 330 apartments will be permanently affordable housing

Rend阿拉爱上海同城 爱上海龙凤419桑拿erings of the 330-unit mixed-income Building On East 92nd Street

The city has tapped Fetner Properties to build a new 47-story apartment building on the Holmes Towers playground site in Yorkville.

The New York City Housing Authority selected Fetner to develop the 330-unit mixed-income Building On East 92nd Street between First and York avenues as part of its NextGeneration program, the agency announc新上海贵族宝贝论坛 上海贵族宝贝交流区ed on Wednesday. The program was started two years ago to develop underutilized public land to help the cash-strapped agency raise money for much-needed repairs and affordable housing.

The building will be constructed on a site adjacent to the Holmes Towers, the only public housing project on the Upper East Side. Late last year, residents and some public officials spoke out against the plan, arguing against the loss of the public space. But Fetner s plan for the site includes new playgrounds that will span 14,500 square上海夜网 阿爱上海同城 feet.

The new rental building will span 350,000 square feet, with 18,000 square feet set aside上海夜网论坛 上海夜网 for a recreational and community center. Half of the tower s units will be permanently affordable and rented to residents making up to 60 perc新爱上海同城对对碰论坛 上海同城对对碰交友社区ent of the area median income (AMI).

In March, Fetner landed $183 million from the state and federal government to refinance a 45-story Hell s Kitchen rental buil[……]

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Major League Baseball gives back 75K sf on Sixth Avenue League’s corporate office gives back a floor from one of 2016’s largest deals

Major League Baseball commissioner Rob Manfred a上海千花网论坛 上海千花网nd Rockefeller Group CEO Atsushi Nakajima with 1271 Sixth Avenue

Major League Baseball, which inked one of 2016’s largest leases when it took 400,000 square feet at the Rockefeller Group’s 1271 Sixth Avenue late last year, has scaled back its footprint in the building, sources told The Real Deal.

MLB gave back one of six floors it leased at the base of the 2.1 million-square-foot tower, or about 75,000 square feet, at some point after signing the blockbuster lease in October.

A spokesperson for Rockefeller declined to comment, and representatives for MLB were not immediately available.

It’s not clear why MLB decided to reduce its footprint. Late last year the company’s internet arm – MLB Advanced Media – sold a majority stake in its streaming-video division to ESPN parent company Walt Disney Company in a $1.58 billion deal, which爱上海龙凤419桑拿 上海龙凤论坛sh1f may have impacted its space requirements.

Still, at roughly 325,000 square feet, MLB’s lease in the former Time Life building stacks up as one of last year’s largest deals, and remains a significant deal for the canyon of corporate towers along Sixth Avenue, a corridor that is remaking itself as large tenants relocate to other areas of the city like Downtown and the Far West Side.

The MLB deal helped boost Sixth Avenue to the Midtown’s busiest submarket of 20[……]

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From the March issue: Back-end listings systems for residential firms has long been the domain of two firms: RealPlus and On-Line Residential. But with a slew of new venture-backed competitors such a爱上海同城对对碰 爱上海同城论坛s Perchwell and Nestio breaking onto the scene, the landscape is上海贵族宝贝交流区 上海贵族宝贝论坛 shifting.

Amid the changing market, The Real Deal decided to take a quick look at RealPlus: Founded in 1987, it was the first company to enter New York’s r上海贵族宝贝交流区 上海贵族宝贝论坛esidential listings game at a time when brokers shared listings via fax or snail mail.

Click here to read the full story: Piping in listings, pumping out cash

Using IBM software, RealPlus began to streamline that process by building listings databases for firms. Then once a day, companies would fax their updated listings to a distribution list made up of other firms.

The service was valuable enough that in 2001, Terra Holdings — parent company to Brown Harris Steven and Halstead Property — bought a 50 percent stake in the company.

In 2002, RealPlus overhauled its business when it launched a shared electronic新上海贵族宝贝论坛 上海贵族宝贝交流区 listing exchange dubbed R.O.L.E.X. to pipe listings between REBNY’s member firms. (R.O.L.E.X. was free, but firms paid for interfaces like RealPlus and OLR to access those listings.)

Now, if a broker at one firm entered a listing into the system, agents at other firms would be able to quickly access it and start showing it to buyers.

But in 2013, REBNY tapped Katonah, New York-based Stratus Data Systems to launch the RLS — repla[……]

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Revealed: Here are the Waldorf Astoria s condo floor plans Average unit size is 1,747 sf

The Waldorf Astoria won t have a single, grand penthouse when its condominium conversion is complete. Instead, there will be four sprawling units — each more than 6,100 square feet, plus terraces — according to floor plans reviewed by The Real Deal.

An offering plan sub爱上海同城手机版 新爱上海同城对对碰论坛mitted to the New York State Attorney General s office last month by Anbang Insurance Group shows that the average unit size will be 1,747 square feet. That ranges from a modest studio or guest suite, to a 6,647-square-foot four-bedroom condo that comes with a library and a 3,589-square foot terrace.

The units do not yet have prices, with the exception of a two-bedroom residential manager s unit. That is priced at $3.1 million, or $1,568 per foot.

AB St阿拉爱上海同城 爱上海龙凤419桑拿able LLC, an affiliate of the Chinese insurance conglomerate, submitted the offering plan for The Towers at 301 Park Avenue in March.

Plans call for keeping 376 hotel rooms on the lower floors. Condos will be located on floors 12 through 43. While the lower floors will have 28 units each, floo上海贵族宝贝交流区 上海贵族宝贝论坛rs 40, 41 and 42 will have two condos each.

According to the offering plan, condo owners can also license 150 storage bins, 41 wine lockers and 34 parking spots. Storage bins cost $180 to $1,440 for the year; wine lockers run $1,500 a year and parking spots are $6,000 a year.

Payroll for the condominium will top $3.7 million — including salaries for 29 doormen, concie[……]

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Marcus Millichap agent hit with sexual harassment suit Lawsuit alleges culture of bad office behavior including cocaine use, prostitutes and male salespersons slapping female assistants on their rear ends

Marcus Millichap office (Credit: Public Domain Pictures)

UPDATED, 11:16 a.m., Sept. 21, 2018: Adina Hemley s lawsuit has been dismissed. Hemley requested the dismissal.

A former employee at Marcus Millichap has filed a complaint against the commercial brokerage and one of its agents, alleging she was sexually harassed and then fired for complaining.

In a lawsuit filed on July 17 in Los Angeles Superior Court, Adina Hemley Talkov claims she was repeatedly propositioned for sex by Kevin Boeve, a senior vice president at the company’s office in Ontario, Calif. When she turned him down, he would allegedly punish her by refusing to provide her with leads and advancement opportunities.

Documents newly obtained by The Real Deal reveal that prior to Hemley s suit, Boeve filed for a temporary restraining order against her. The order cited harassing and disparaging emails from Hemley to Boeve. Lawyers for Boeve called the allegations against him wild and inflammatory.”

Her attorney did not respond to requests for comment.

Hemley is suing for damages, including wrongful termination in violation of policy, retaliation in violation of the Fair Employment and Housing Act and labor code, and intentional infliction of emotional distress. She worked as a sales associate for the brokerage from Nove[……]

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