Big Real Estate
When Aaron Jungreis sought a buyer for the Bossert Hotel at 98 Montague Street in Brooklyn Heights last year, a long list of obstacles stacked up.
The off-market deal meant potential buyers had limited access to the site. Complicated zoning meant the Board of Standards and Appeals would be thrown into the mix. And competition Read More
It’s not just the biggest real estate conference no one has heard of. It’s the biggest real estate conference period. And, yes, most real estate professionals, at least in New York, haven’t heard of it.
Next week 19,000 guests from 90 countries will descend on Cannes, France, for MIPIM, a four-day event that roughly translates as “International Market for Real Estate Professionals” featuring speaking panels and networking opportunities that allow developers to shop major new projects to prospective tenants and investors.
A push by preservationists be damned, Coney Island landlord Joe Sitt appears to be near the start of property demolitions in the amusement hub’s central district.
Late last week, the Department of Buildings approved demolitions on two buildings: the Shore Hotel, built in 1903, and the Bank of Coney Island, built in 1923, according to Read More
Joe Sitt is doing his best to win over the hearts of Coney Island.
Just in time for summer, the Brooklyn developer announced that he plans to demolish the buildings he still owns in the storied, if gritty, amusement district, and start construction on simple—presumably cheap—(temporary) one-story retail in its place.
In fairness to Mr. Read More
On Palm Sunday, the Coney Island Cyclone will clank, sputter and tilt into motion, careening its shrieking cargo around clattering curves and ushering in the new season. The whole neighborhood, rusty gears and all, will churn into motion, the same way it has for years. And like every other season in recent memory, Read More
Lord & Taylor, one of the most successful and enduring department store brands, was known for its female elevator operators at one time. The operators on one side of the building were redheads, while those on the other were brunettes.
The (clearly innovative) retailer’s third instantiation in New York City was at Read More
446 West 14th Street
Krizia, the Italian fashion line of Mariuccia Mandelli, is said to have taken its name from an unfinished dialogue of Plato on the subject of women’s vanity (Plato did, however, manage to finish a number of other gender-related theories, most notably his belief that cowardly men were reborn as women, Read More
Joe Sitt, the landlord who battled with the Bloomberg administration at Coney Island, is coming back to city officials with a new request: He wants to put a big-box mall in South Brooklyn.
Mr. Sitt’s Thor Equities is seeking to build a 214,000-square-foot mall highlighted by a BJ’s Wholesale Club, along Read More
The debate over the Bloomberg administration’s plans to remake Coney Island is dashing toward a close, as the City Council is just days away from an expected vote (a subcommittee is tentatively scheduled to vote Monday, though these things often change at the last minute). And, with potentially just days left, city officials are still Read More
For years now, the Bloomberg administration has been pushing a plan to redevelop Coney Island, trying to ensure its approval in the City Council amid resistance from the amusement district’s main landowner, Joe Sitt. Now, as the Council approaches a vote on the plan in coming weeks, one major line of resistance is emerging: Domenic Read More