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	<title>Observer &#187; The Closing: Yair Levy Banned; Chetrit Brothers Split; 500-Pound Piano Nicked</title>
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		<title>Observer &#187; The Closing: Yair Levy Banned; Chetrit Brothers Split; 500-Pound Piano Nicked</title>
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		<title>The Closing: Yair Levy Banned; Chetrit Brothers Split; 500-Pound Piano Nicked</title>

		<comments>http://observer.com/2011/06/the-closing-yair-levy-banned-chetrit-brothers-split-500-pound-piano-nicked/#comments</comments>
		<pubDate>Wed, 29 Jun 2011 17:22:10 -0400</pubDate>
					<link>http://observer.com/2011/06/the-closing-yair-levy-banned-chetrit-brothers-split-500-pound-piano-nicked/</link>
			<dc:creator>Pamela Engel</dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/?p=164105</guid>
		<description><![CDATA[<p>Two Grand Central is now up for sale, and could fetch a price of $370 million. <a href="http://www.nypost.com/p/news/business/grand_price_for_tower_MO3KKR03DEsfTgGYJihFgO">[NY Post]</a></p>
<p>Yair Levy, the man who hit Kent Swig with an ice bucket, is banned from conducting real estate business in New York. <a href="http://www.crainsnewyork.com/article/20110629/FREE/110629861">[Crain's]</a></p>
<p>The Chetrit brothers are also having problems. Rumor is they've broken up into two separate groups. <a href="http://www.realert.com/headlines.php?hid=152313">[Real Estate Alert]</a></p>
<p>Massey Knakal is suing Nevins Realty for allegedly costing them $900,000 in commission. <a href="http://therealdeal.com/newyork/articles/massey-knakal-sues-nevins-realty-and-president-ray-mckaba-over-sale-of-steiner-studios-at-350-livingston-street-325-and-345-schemerhorn-street-and-62-64-flatbush-avenue">[The Real Deal]</a></p>
<p>The condo market in the Bronx just ain't what it used to be. <a href="http://therealdeal.com/newyork/articles/bronx-sees-just-200-new-condo-units-led-by-700-brook-avenue-2017-morris-avenue-and-853-macy-place-in-2010-according-to-the-2011-data-book">[The Real Deal]</a></p>
<p>And NYC's office market is still trying to catch up to London and Hong Kong. <a href="http://www.crainsnewyork.com/article/20110629/REAL_ESTATE/110629867">[Crain's]</a></p>
<p><!--more--></p>
<p>More bad news for the Bronx: some killjoy stole a pop-up piano from a public park. <a href="http://www.nydailynews.com/news/ny_crime/2011/06/29/2011-06-29_500lb_popup_piano_stolen_from_norwood_park_in_the_bronx.html">[NY Daily News]</a></p>
<p>A.F.L.-C.I.O. wants $10 billion in union pension money to finance infrastructure projects. <a href="http://www.nytimes.com/2011/06/29/business/29labor.html?_r=1&amp;ref=realestate">[NY Times]</a></p>
<p>Alchemy Properties recruits Halstead Property Development Marketing to speed up sales at Griffin Court in Hell's Kitchen. <a href="http://therealdeal.com/newyork/articles/alchemy-properties-brings-in-halsteads-steve-kliegerman-to-help-shift-units-at-griffin-court-in-hells-kitchen">[The Real Deal]</a></p>
<p>St. Vincent's hospital might go to the Rudin family after all. <a href="http://www.crainsnewyork.com/article/20110629/FREE/110629859">[Crain's]</a></p>
<p>Former vice chairman of the NYC Housing Authority is fined $2,000 for using city letterhead on his plea to a Florida judge to go easy on an accused pedophile friend. <a href="http://cityroom.blogs.nytimes.com/2011/06/28/ex-public-housing-official-is-fined/">[NY Times]</a></p>
<p>Multifamily property sales fall in May. <a href="http://therealdeal.com/newyork/articles/nyc-multi-family-sales-fall-by-half-in-may-report-from-ariel-property-advisors">[The Real Deal]</a></p>
<p>CBS newscaster's ornate two-story apartment in midtown is still up for sale. <a href="http://online.wsj.com/article/SB10001424052702304447804576413894056094576.html?mod=WSJ_NY_RealEstate_LEADNewsCollection">[Journal]</a></p>
]]></description>
		<content:encoded><![CDATA[<p>Two Grand Central is now up for sale, and could fetch a price of $370 million. <a href="http://www.nypost.com/p/news/business/grand_price_for_tower_MO3KKR03DEsfTgGYJihFgO">[NY Post]</a></p>
<p>Yair Levy, the man who hit Kent Swig with an ice bucket, is banned from conducting real estate business in New York. <a href="http://www.crainsnewyork.com/article/20110629/FREE/110629861">[Crain's]</a></p>
<p>The Chetrit brothers are also having problems. Rumor is they've broken up into two separate groups. <a href="http://www.realert.com/headlines.php?hid=152313">[Real Estate Alert]</a></p>
<p>Massey Knakal is suing Nevins Realty for allegedly costing them $900,000 in commission. <a href="http://therealdeal.com/newyork/articles/massey-knakal-sues-nevins-realty-and-president-ray-mckaba-over-sale-of-steiner-studios-at-350-livingston-street-325-and-345-schemerhorn-street-and-62-64-flatbush-avenue">[The Real Deal]</a></p>
<p>The condo market in the Bronx just ain't what it used to be. <a href="http://therealdeal.com/newyork/articles/bronx-sees-just-200-new-condo-units-led-by-700-brook-avenue-2017-morris-avenue-and-853-macy-place-in-2010-according-to-the-2011-data-book">[The Real Deal]</a></p>
<p>And NYC's office market is still trying to catch up to London and Hong Kong. <a href="http://www.crainsnewyork.com/article/20110629/REAL_ESTATE/110629867">[Crain's]</a></p>
<p><!--more--></p>
<p>More bad news for the Bronx: some killjoy stole a pop-up piano from a public park. <a href="http://www.nydailynews.com/news/ny_crime/2011/06/29/2011-06-29_500lb_popup_piano_stolen_from_norwood_park_in_the_bronx.html">[NY Daily News]</a></p>
<p>A.F.L.-C.I.O. wants $10 billion in union pension money to finance infrastructure projects. <a href="http://www.nytimes.com/2011/06/29/business/29labor.html?_r=1&amp;ref=realestate">[NY Times]</a></p>
<p>Alchemy Properties recruits Halstead Property Development Marketing to speed up sales at Griffin Court in Hell's Kitchen. <a href="http://therealdeal.com/newyork/articles/alchemy-properties-brings-in-halsteads-steve-kliegerman-to-help-shift-units-at-griffin-court-in-hells-kitchen">[The Real Deal]</a></p>
<p>St. Vincent's hospital might go to the Rudin family after all. <a href="http://www.crainsnewyork.com/article/20110629/FREE/110629859">[Crain's]</a></p>
<p>Former vice chairman of the NYC Housing Authority is fined $2,000 for using city letterhead on his plea to a Florida judge to go easy on an accused pedophile friend. <a href="http://cityroom.blogs.nytimes.com/2011/06/28/ex-public-housing-official-is-fined/">[NY Times]</a></p>
<p>Multifamily property sales fall in May. <a href="http://therealdeal.com/newyork/articles/nyc-multi-family-sales-fall-by-half-in-may-report-from-ariel-property-advisors">[The Real Deal]</a></p>
<p>CBS newscaster's ornate two-story apartment in midtown is still up for sale. <a href="http://online.wsj.com/article/SB10001424052702304447804576413894056094576.html?mod=WSJ_NY_RealEstate_LEADNewsCollection">[Journal]</a></p>
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