The Real Deal - New York Real Estate News

Colin Jost, Pete Davidson seek city’s help in turning ferry into comedy club

Posted: 29 Jan 2022 09:35 AM PST

Will it be a comedy sensation — or a comedy of errors? Saturday Night Live regulars Colin Jost and Pete Davidson are now reaching out to the city to get help converting the old Staten Island Ferry boat they bought on a whim into a floating comedy club, the New York Post reported. Paul Italia, a comedy club owner who has partnered with the two Staten Island-born comics in the purchase of the ferry, told

San Francisco’s second-most expensive apartment hits market for $30M

Posted: 29 Jan 2022 07:49 AM PST

Get ready to have a ball. A giant apartment in one of San Francisco’s chicest buildings is on the market for $30 million — the second-most-expensive asking price for a co-op in the city right now — and includes a ground floor space that was once a ballroom. According to Mansion Global, the 7,800-square-foot apartment inside a nearly 100-year-old Beaux-Arts building in Pacific Heights also has four bedrooms, nine bathrooms — and 12-foot ceilings and

Richard Gere asks $28M for longtime Westchester County estate

Posted: 29 Jan 2022 06:00 AM PST

“Pretty Woman” actor Richard Gere is selling his 49-acre estate in Westchester County for $28 million. The 72-year-old actor decided to leave his Pound Ridge compound of 36 years to start a new life in North Salem with his wife, Alejandra Silva, and their two young children, according to the New York Post. They paid $9.8 million for a seven-bedroom, nine-bathroom Georgian-style mansion there that was built in the 1930s. Gere’s Pound Ridge property centers

Latest fintech unicorn offers credit-score boost to renters

Posted: 28 Jan 2022 04:28 PM PST

Esusu, a startup at the intersection of fintech and proptech, raised $130 million in Series B funding from SoftBank and others at a $1 billion valuation. The New York-based company, one of the few Black-owned startups to achieve unicorn status, aims to help renters get recognized by credit bureaus for making timely rent payments, a benefit that mortgage payers have long enjoyed. Esusu says the path it creates for tenants to boost their credit scores

TRD Brand Studio: Your business, powered by The Real Deal

Posted: 28 Jan 2022 02:00 PM PST

You may think of The Real Deal as the leading authority on real estate news, delivering in-depth, hard-hitting journalism on all facets of the industry. And you’d be correct! But that’s only half the story. The TRD Brand Studio extends our media expertise to your business, placing it center stage in front of our ever-expanding audience, the most active and engaged real estate players on the scene. Does your brokerage have a story to tell

Real estate bragging rights reach new heights

Posted: 28 Jan 2022 01:41 PM PST

Owning a tower that literally scrapes the sky used to be enough to impress your golf buddies. Not anymore. To paraphrase Sean Parker (via Justin Timberlake), a skyscraper isn’t cool. You know what’s cool? A skyscraper with an observatory. Marc Holliday took the opportunity this week to bask in the early success of The Summit, the Instagram-ready observation deck 1,300 feet in the air at the top of One Vanderbilt, SL Green’s trophy Midtown office

Southampton compound sells for $118.5M

Posted: 28 Jan 2022 01:15 PM PST

In a trade breathtaking even by Hamptons standards, Arthur and Jason Rabin have sold their Water Mill compound for $118.5 million, sources tell The Real Deal. The off-market deal for 70 Cobb Road, which property records confirm, tops last year’s biggest residential sale in the Hamptons — $105 million for 90 Jule Pond Lane. It also far exceeds the $84.4 million that hedge funder Ken Griffin paid for Calvin Klein’s compound in 2020, although is

East End Capital bets on Sunnyside industrial

Posted: 28 Jan 2022 12:30 PM PST

East End Capital has reportedly taken a bite out of Queens’ busy industrial market, acquiring a renovated industrial property in Sunnyside. The firm paid $41.7 million for the warehouse at 48-02 48th Avenue, according to the Commercial Observer. Empire Office was the seller of the 140,000-square-foot property. The facility sits on more than two-and-a-half acres of land. The complex is three stories tall, including a 10,500-square-foot parking lot. In the last three years, Empire Office