The Real Deal - New York Real Estate News

As state lawmakers finalize budget negotiations ahead of Friday’s deadline, the fate of 421a, a popular tax break among multifamily developers, hangs in the balance. The tenant advocacy group Housing Rights Initiative has seized on that window to generate two more lawsuits against landlords accused of flouting the program’s rules. The nonprofit’s hope is that Albany is watching. The group’s latest investigation alleges that World Wide Group, the landlord of 41-42 24th Street in Long

Just two months after Justin Timberlake said “Bye Bye Bye,” to his penthouse apartment at 443 Greenwich Street, the unit is back on the market. This time, unit PHG is asking $35 million. Timberlake and wife Jessica Biel sold the penthouse in January for $29 million. The couple picked up the home for $20.2 million in March 2017. The buyer’s — and now seller’s — identity was shielded behind Menemshovitz NY Realty, a corporation registered

They’re everywhere. Exhausted; ragged. Hanging by a thread, really. You see them on the subway, a vague sadness to their identicality. Carelessly flung this way and that, stretched thin, canvas coming apart at the seams from the tribulations of daily life in its namesake city. New York needs many things. Yet another New Yorker-branded tote bag isn’t one of them. The Real Deal’s official merch store has elevated the game with premium-quality clothes worthy of

After a rocky courtship that led to a lawsuit, a near-divorce and an $80 million price tag, Shibber Khan’s Criterion Group is ready to settle down with 22-09 Queens Plaza North. The industrial and multifamily firm submitted plans to build a 170,000-square-foot industrial building on the Long Island City plot near Queensbridge Park, which it first began pursuing in 2014. Once completed, the building will stand 65 feet tall and have four loading berths. Its