Vornado Realty Trust is said to be in talks to buy the landmarked, five-story building at 510 Fifth Avenue, at the corner of 43rd Street, according to the Post. The 61,159-foot property, designed by Skidmore, Owings & Merrill and completed in 1954 for Manufacturers Hanover Trust, now belongs to Tahl-Propp Equities, which purchased it for $22 million in 2000 from Chase. There is a current mortgage of $33 million on the property. Chase still has a small branch in the mezzanine and owns the 145,000 feet of excess air rights there. [Post]



1. Mob links in new bribery and extortion charges at WTC site [AP via Post]
2. Joe Sitt reportedly asking for $500,000 up front to lease either side of Stillwell Avenue in Coney Island [Amusing the Zillion]
3. TF Cornerstone’s new luxury rental tower debuts at 505 West 37th Street [Curbed]
4. Atlantic Yards’ project history in renderings [Atlantic Yards Report]
5. Lower Manhattan community board sides with Port Authority in WTC battle [Tribeca Trib]
6. Con Ed hourly pricing plan for electricity to expand despite tepid response [NYT]
7. Construction worker injured in fall at Staten Island high school [Staten Island Advance]
8. UWS Italian donut shop Bomboloni to open this week [West Side Independent]
9. 100 new restaurants in the city [Metromix]
10. New Bronx firehouse designed for special rescue company unit [Arch Paper]
11. Ailing developer Sheldon Solow signs power of attorney over to son, hires Jay Fischoff to oversee portfolio [Post, 3rd item]
12. Tavern on the Green asset liquidation plan approved in court [New York Law Journal]
13. Commercial banks expected to buy MBS in big numbers this year [National Mortgage News]
14. Los Angeles public health director buyers $2.7M condo at 260 Park Avenue South [NYO]
15. One million American foreclosures since the end of 2008 [National Mortgage News]
16. Urban Outfitters signs lease at 2625 Broadway, store to open this summer [Post, 4th item]
17. Appraisers caution against use of broker price opinions in new Treasury short sale program [National Mortgage News]
18. Blackstone woes won’t affect the Hilton brand [Lodging Hospitality]
19. Homebuyer tax credit not helping thus far in 2010, Realtors group says [National Mortgage News]



New York NY Upper West Side (59-96)
Web ID#: 25891
Property Type: Hi-rise
Beds: 2
Baths: 2
Price: $1,400,000
view full listing |
This large and sun-flooded 2 bedroom very spacious condo is located in vibrant, convenient prime Upper West Side area near the river and an easy 10 minutes to Lincoln Center It is steps away from the 66th street 1 Subway Station that will take you to Midtown NYC in less than 5 minutes, and to downtown NYC in no time! The 72nd Street local and express subway station is within a very short walking distance. Central Park offers a lot of leisure just steps away, as does close by Riverside Park. Columbia University is less than 10 minutes away by subway.
This residence area is also very near to many shops, schools, animal hospitals, bookstores, bakeries, ballet yoga studios, restaurants, fine dining, as well as Broadway’s limitless fun entertainment, dining, and shopping options just minutes away.
Central Park offers much leisure opportunities, tennis courts, running paths, fields, ponds, and more, as does Riverside Park.
MORE STUDIOS, 1-BEDROOMS, 2-BEDROOMS, 3-BEDS, 4-BEDS, 5-BEDS, 6-BEDS AVAILABLE at great prices, low RE taxes, and low common charges! Call Sonika for more information at 201-978-7773.
APARTMENT IS IN EXCELLENT CONDITION in a well-sought after building with resort-like amenities near the river and parks! Great opportunity for the savvy buyer!
LOW Real Estate Taxes $32 and LOW COMMON CHARGES FOR THIS LUXURY $744 – TAKE ADVANTAGE WHILE YOU CAN!
Apartment Features:
- 2 large bedrooms
-2 full luxury windowed bathrooms. Crystallized glass and travertine baths offer Kohler tubs, Toto water closets, and Waterworks fittings.
-Dining/ Living Area
-Central AC
-High Ceilings
-Washer and Dryer in unit
-Windowed Kitchen: The pass thru kitchen with Subzero, Viking, and Miele appliances offers white wood cabinetry, Pietra Cardosa stone countertop, and marble backsplash!
-East Exposure – APARTMENT RECEIVES EXCELLENT LIGHT!
-Lots of Closet Space
CALL SONIKA To View TODAY! 201-978-7773
Building Features:
-24-hour Concierge
-Parking Garage
-Garden
-Lounge
-Health Club – La Palestra Wellness Center with indoor swimming pool
-Nursery
-Playground / Children’s room (exclusive collaboration with Kidville, NY)
-Billiards Room
-Sundeck
-Pet Friendly
-Private cinema – screening room
-Entertainment suite
Pied-A-Terres Allowed. Sublets Allowed. Pets Allowed.
|
|
Sonika Tyagi direct: 212.252.8772 cell: 201.978.7773 sonikat@nestseekers.com |
|
Backers said Northwest Florida Beaches International would bring new businesses and residents to the Florida Panhandle; critics said it would also bring environmental problems.

Only about 100 of 790 buildings that are eligible for hourly prices have opted for the Con Ed service.

Adam Levy lives in a 10-story building that he converted into seven spacious floor-through apartments, including his own duplex penthouse that he finally completed last fall.

A cabin in Heber City, Utah, a Gothic revival in Seneca Falls, N.Y., and a condo in Milwaukee.

Surrey, a county to the southwest of London, suffered a real estate setback in 2008, after years of steady price increases.

New York NY Upper East Side (59-96)
Web ID#: 26214
Property Type:
Beds: 3
Baths: 3
Price: $2,195,000
view full listing |
Be the first to live in this super-luxurious Upper East Side residence 1900 Sq ft 2 bedroom plus windowed home office which is larger than most West Village master bedrooms and three bathrooms make this apartment the perfect match for every family who is looking for a real apartment and not one of those cookie cutter units one usually will find in a new development! Private, boutique-style condominium just steps from 2nd Avenue on the fashionable Upper East Side! This quiet corner unit offers a gracious entrance foyer, spacious living room with floor-to-ceiling windows and spectacular open kitchen. The exquisite finishes include oak herringbone floors, state-of-the art kitchen with honed Calacata marble counters and stainless Miele appliances including a wine cooler, 2 sumptuous baths with tumbled marble tiles and Bianca Dolomiti slab marble countertops and Waterworks fixtures. Building amenities include Abigail Michaels concierge, state-of-the-art fitness center, lush roof-top garden, open air lounge and summer kitchen and children\’s play zone. Only 3 units per floor.
Contact Alex today if you don’t want to miss out on this extraordinary opportunity to purchase a real home.
alexd@nestseekers.com or @ 646.309.1898
Amenities
Central AC; Concierge; Elevator; Fitness Room; Nursery; Rooftop Deck.
* Doorman
* Concierge
* Health Club
* Pool
* Elevator
* Washer/Dryer
* Central A/C |
|
Alex Dietrich direct: +1 646-309-1898 alexd@nestseekers.com |
|
New York NY East Village (Houston-14 East Broadway)
Web ID#: 26213
Property Type: Loft
Beds: 2
Baths: 2
Price: $1,375,000
| view full listing |
A dramatic loft space which features two bedrooms and two full bathrooms. Entry foyer is on the lower level which leads to the master bedroom and open stairway. The upper level of the loft features an open kitchen adjacent to the living room which has a wood burning fireplace and oversized windows which provide excellent natural light, and the second bedroom with en suite bathroom. Features: multi floor laundry, pre war detail, beamed ceiling, hardwood floors, dishwasher. |
|
Krisha Park cell: 917.370.0394 krishap@nestseekers.com |
|
Fifth Avenue Towers
445 Fifth Avenue
New York NY Murray Hill (34-42 East 5th Ave)
Web ID#: 26204
Property Type: Hi-rise
Beds: 1
Baths: 1
Price: $679,000
view full listing |
Mint condition large one bedroom with lots of closet space and galley kitchen. Enjoy the luxury and convenience of this 445 Fifth Avenue condo.Just steps from Grand Central Station,Fifth Avenue retail shopping,New York Public Library, Bryant Park, many restaurants and hotspots. The building features include a 24 hour doorman/concierge service, 2 levels roof deck, courtyard, storage facilities, a central laundry room, video security, Cable TV ready, a bike room and one of a kind Gym is being built on the 33rd floor. Bring your client today for this bulous building on fifth ave. |
|
Christine Lee cell: 646-648-0884 christinel@nestseekers.com |
|
325 Fifth Avenue
325 Fifth Avenue
New York NY Garment District (Herald Square)
Web ID#: 26201
Property Type: Hi-rise
Beds: 1
Baths: 1.5
Price: $998,000
view full listing |
Great Corner unit with 900 sft in Fifth Avenue Condo! Luxuriate in this Floor-to-Ceiling Glass Wall Premier Condominium with 5-piece Masterbath with Kohler and Watermark fixtures, oversized fully recessed tri-view medicine cabinets, light Emperador marble countertops with walnut wood vanity, Gres-globe and tumbled marble tiles! With Soaring Ceilings, a Windowed Open Chefs Kitchen(complete with Bosch, SubZero, Dacor appliances),and gorgeous Bielle wood flooring, this Generously Scaled One-Bedroom, One and a Half Bath features a Bosch Washer/Dryer, Amazing Closet Space, in a Sparkling New 50-story condo just steps from Bryant Park, Grand Central, Penn Station, and the B,D,F,N,Q,R,V,W,6,1,2,3,9 trains! The on-site Fifth Avenue Club, with 10,000 square feet of premiere amenities features a 50-pool, sauna/steam/massage/yoga rooms, childrens playroom, heal. |
|
Christine Lee cell: 646-648-0884 christinel@nestseekers.com |
|
ORION CONDOMINIUM AT 350 WEST 42ND STREET
350 West 42nd Street
New York NY Hell’s Kitchen (Clinton)
Web ID#: 26198
Property Type: Hi-rise
Beds: 1
Baths: 1
Price: $998,000
view full listing |
Spectacular one bedroom apartment. Dramatic open southern light, with spellbinding Hudson River views. Soaring 60 stories in the heart of Midtowns Theater District, ORION is a magnificent tower sheathed in a glass-curtain wall design by award-winning architects Cetra/Ruddy. Services and amenities abound, including full-time doorman, on-site garage, award-winning concierge services by Abigail Michaels, and an amazing three-story amenity suite including fitness center by La Palestra, lap pool, whirlpool, club and screening room, business center, residents cafe, multiple sundecks and more. Inside, floor-to-ceiling windows, handsome flooring, kitchens by Valcucine and baths by Waterworks complete the picture.
|
|
Christine Lee cell: 646-648-0884 christinel@nestseekers.com |
|
Losses attributed to commercial mortgage-backed securities may grow through 2010, according to the latest report from Trepp, a real estate tracking firm, due in part to the reduction in the appraised value of properties with associated loans. “Appraisal reduction is a forward-looking measure of potential future losses,” Paul Mancuso, a vice president with Trepp, said. Unfortunately for investors, many properties have seen significant losses to value over the last few years, which could be particularly rough on those properties whose loans were inked during the boom years. New York and Florida ranked high on the list of states most vulnerable for further CMBS pain, Trepp said.




EAST HARLEM—Work was supposed to begin on the city-spearheaded redevelopment of East 125th Street last year. Is 2010 the charm? The site of the East Harlem Media, Entertainment and Cultural Center is newly active, a tipster writes: “I’ve noticed a lot of new restaurants, grocers, and quality small businesses popping up lately in East Harlem, but what I saw this morning was a real shocker. Work on the East Harlem mixed-use development on 125th and Third Avenue has actually begun. These pics are of the vacant lot on the SE corner. It’s been boarded up, there are hard hats on site, and that tractor is busy digging. Nothing so far on the more substantial work planned for the NE corner, but not surprising since demolition is required there.” Please note that the sign says work will be done on 9/1/11. Let the countdown begin! [CurbedWire Inbox]
FIDI—Is it just us, or have all those Diaper District developments been awfully quiet lately? Here’s the latest regarding former rental 99 John Street, now known as 99 John Deco Lofts. About a month ago, brokerage Nest Seekers International took over sales, and a rep tells 10 contracts have been signed since, lifting the building out of a sales funk. Listings in the building range from a $495k studio to a $3.2 million penthouse. [CurbedWire Inbox]
Baby Phat clothing line executive Kimora Lee Simmons just took a hit out east. Her East Hampton home, which had an original asking price of $800,000, just sold for $650,000. Simmons, who’s been looking to shuffle some real estate around over in the New York-New Jersey region, had originally bought the home for $690,000. But while Simmons might be hurting in her transaction, a recent ranking shows that the overall Hamptons market may be making a comeback for second home buyers.



New York NY Wall St/Seaport/Battery Park (Chambers and down)
Web ID#: 26194
Property Type: Hi-rise
Beds: 1
Baths: 1
Price: $670,000
view full listing |
Downtown Condos at 99 John Studio for Sale
Comfortably spacious with a distinct character all its own, 99 John Deco Lofts rise above the all too common condominiums on the market today. This unique collection of modern loft condominiums located in the heart of the Financial District was originally designed by the same architects who created The Empire State Building. The classic limestone and granite pinstripes on the exterior envelope the newly renovated residences inside to create a timeless essence of old New York and modern downtown living. Find your new home in one of these Financial District apartments… on par with some of the finest New York City condominiums.
99 John provides stylish and impressive amenity spaces for you to entertain family and friends, enjoy some personal time or meet up with your many interesting neighbors. Each space allows you to personalize the experience and make it your own. The roof top dining table provides the perfect setting for a sunset snack and the iPod docking station in the lounge lets you pick your own tunes. The gathering spaces are all yours… whatever your mood. And let\\\’s not forget the 24 hour concierge, parking garage, grocery, drug store and pharmacy all onsite within the building.
Originally built in 1933, 99 John was designed by Shreve, Lamb & Harmon, the architects responsible for The Empire State Building. The resemblance is clear, from the classic limestone and granite façade to the tiered setbacks on higher floors. The old world construction features solid 16+ inch concrete walls, classic architectural details and unique floor plan layouts. Although the building is historic, it has been fully renovated and updated in keeping with modern city living. 99 John Deco Lofts is a fantastic combination of old and new.
|
|
Jason L. Hargrove direct: 212.252.8772 ext 231 cell: 718.415.9829 jasonh@nestseekers.com |
|
New York NY Wall St/Seaport/Battery Park (Chambers and down)
Web ID#: 26194
Property Type: Hi-rise
Beds: 1
Baths: 1
Price: $670,000
view full listing |
Downtown Condos at 99 John Studio for Sale
Comfortably spacious with a distinct character all its own, 99 John Deco Lofts rise above the all too common condominiums on the market today. This unique collection of modern loft condominiums located in the heart of the Financial District was originally designed by the same architects who created The Empire State Building. The classic limestone and granite pinstripes on the exterior envelope the newly renovated residences inside to create a timeless essence of old New York and modern downtown living. Find your new home in one of these Financial District apartments… on par with some of the finest New York City condominiums.
99 John provides stylish and impressive amenity spaces for you to entertain family and friends, enjoy some personal time or meet up with your many interesting neighbors. Each space allows you to personalize the experience and make it your own. The roof top dining table provides the perfect setting for a sunset snack and the iPod docking station in the lounge lets you pick your own tunes. The gathering spaces are all yours… whatever your mood. And let\\\’s not forget the 24 hour concierge, parking garage, grocery, drug store and pharmacy all onsite within the building.
Originally built in 1933, 99 John was designed by Shreve, Lamb & Harmon, the architects responsible for The Empire State Building. The resemblance is clear, from the classic limestone and granite façade to the tiered setbacks on higher floors. The old world construction features solid 16+ inch concrete walls, classic architectural details and unique floor plan layouts. Although the building is historic, it has been fully renovated and updated in keeping with modern city living. 99 John Deco Lofts is a fantastic combination of old and new.
|
|
Jason L. Hargrove direct: 212.252.8772 ext 231 cell: 718.415.9829 jasonh@nestseekers.com |
|