Subscribe to the South Florida magazine

To celebrate The Real Deal’s South Florida edition going quarterly, TRD is offering a one-year subscription to the magazine for $35. The subscription includes four issues of the South Florida magazine, with the newest edition hitting newsstands this June. The upcoming issue will examine the region’s biggest developers, look at incentives condo developers are using[…]

GM president lists Soho loft for $11M

From LLNYC: If there is a platonic ideal of Soho lofts, we’re pretty sure that this is it. Owned by General Motors president Dan Ammann, this $10.95 million pad at 85 Grand Street has all the white walls, Corinthian columns and 14-foot ceilings you could ever ask for. Ammann and his wife Pernilla bought the apartment[…]

Dick Cavett lists Montauk estate for $62M

From LLNYC: Former talk show host Dick Cavett has listed his longtime home in Montauk — called “Tick Hall” — for $62 million. The home — called Tick Hall — was originally built in the 1880s by the McKim, Mead & White architecture firm (it is now part of the Montauk Association Historic District). Cavett and his then-wife Carrie Nye[…]

Three workers hurt at 1 Great Jones Alley

Three workers were injured Tuesday when a steel beam fell 12 stories from Madison Realty Capital’s high-end condo development in Noho. The beam fell suddenly when workers were hoisting it at 688 Broadway, also known as 1 Great Jones Alley, around 11 a.m., DNAinfo reported. It hit the sidewalk shed and fell to the ground[…]

BlackRock quietly shopping 600 Third

A partnership led by BlackRock is gauging buyer interest in its office building at 600 Third Avenue. BlackRock has a 95 percent stake in the building, and L&L Holding Company owns the remainder. BlackRock is now approaching possible buyers, Real Estate Alert reported. However, it’s not known how much of its stake the firm wants[…]

Blackstone surpasses Brookfield as world’s biggest real estate manager

Blackstone is once again the world’s largest real estate manager after overtaking Brookfield Property Partners last year. Blackstone’s real estate assets grew 6 percent in 2016 to $160 billion, the Financial Times reported. Brookfield slipped to the second spot with $158 billion in assets, an increase of 2.6 percent. PGIM, the investment arm of Prudential,[…]

Project co-developed by Murray Kushner’s company touts Trump ties to EB-5 investors

Marketing materials for a Jersey City project that’s being co-developed by Jared Kushner’s uncle Murray used images of President Trump and his son-in-law to woo EB-5 investors in China. The incident sparked the latest flare-up in the Kushner family feud. According to Bloomberg, a presentation created for Murray Kushner’s KRE Group included images of President[…]