Real Estate Trends

By now you’ve probably heard about the fire raging on in Williamsburg, but you probably haven’t seen these unbelievable images of the neighborhood frozen in ice. [NYDN] The American Bible Society has sold its Lincoln Square headquarters for $300 million. [WSJ] 10 of Frank Lloyd Wright’s buildings, including the Guggenheim Museum in NYC, have been […]

Rent a crumbling historic church in Fort Greene $18,000 a month. [DNA Info] More than $55 billion worth of NYC properties sold last year. This includes multifamily buildings, development sites, and commercial buildings across New York City. It was the best investment sales market seen in 30 years. [Crain’s] Things got heated over the 421-a […]

With more and more younger folks moving to the Upper East Side (and bringing with them trendy shops), Citi Bike’s move to expand into the nabe along with the Upper West Side is right on the money. [NYP] Mary-Louise Parker has put her apartment back on the market for $9 million, up from the $7.45 million […]

Netscape co-founder James Clark has scooped up Bunny Mellon’s incredible Upper East Side mansion for $37 million. [TRD] As a way to “cushion against gentrification” in East New York, the city is vying to reserve the area for up to 7,000 affordable housing units. [DNA Info] Trump Soho may turn its condo component into hotel […]

Jimmy Mcmillan, a.k.a. founder of the ‘Rent Is Too Damn High’ movement, receives an eviction notice. [NYDN] Leasing starts tomorrow at the incredible Cartlon Mews church conversion development. [Brownstoner] The HPD is selling a coveted piece of land in Fort Greene near BAM to Jonathan Rose Companies for $1. In return the company must build a […]

Billionaire Roman Abramovich will likely butt heads with the Landmarks Preservation Commission over the creation of his makeshift mansion. [Observer] All the layers of the ‘Save the View’ controversy happening by the Brooklyn Bridge in Brooklyn Heights. [Curbed] More than 32 contracts for homes priced at $4 million or more were signed last week. [TRD] City Tower, […]

The New York Times visits Bed-Stuy, the first neighborhood featured in their new “Block by Block” series. [NYT] An historic building at 187 Seventh Avenue in Park Slope will be turned into condos. [NYT] A “Joie de Vivre” hotel is on the rise at 50 Bowery. [Bowery Boogie] A landmarked Brooklyn bathhouse, the Brooklyn Lyceum, will […]

After holding a 199-unit apartment building in Gramercy Park for nearly 70 years, the owner has put it on the market for $200 million. [Crain’s] Russian billionaire Roman Abramovich’s makeshift mansion could be even bigger than initially reported. Word is he’s purchased yet another building on East 75th Street. [NYP] Designer Michael Kors is purchasing a posh penthouse at […]