Real Estate News

Castellan bringing affordable housing building to East 30th St.18 Dec 2014 | 6:00 pm EST |

Castellan Real Estate Partners is planning to construct a 21-story residential building at 9 East 30th Street, according to the developer. Castellan is currently in contract to buy the site, according to the firm’s vice president of acquisitions, Etan Slomovic. He added that he expects the sale to close in February. He wouldn’t specify the purchase price of the property, but said that the site has been in the same hands since the 1980s. The project is part of ... [more] continue reading

CurbedWire: Chester Court Historic District; Continental Park 60% Sold18 Dec 2014 | 6:00 pm EST |

PROSPECT-LEFFERTS GARDENS—The Landmarks Preservation Commission has unanimously approved the Chester Court Historic District (PDF!) in Prospect-Lefferts Gardens. The district includes 18 Tudor Revival-style homes built in 1911-12. The cul-de-sac's homes are amongst the earliest Tudor Revival style row houses... continue reading

Linkage: Chelsea's Newest Hotel is '80s-Themed; Retail in Parks18 Dec 2014 | 6:00 pm EST |

· More and more retail popping up in New York City parks · $13 billion hedge fund to move into 51 Astor Place · Williamsburg development site listed for $10 million · The new Riff Hotel Chelsea is like... continue reading

Tsimmer’s Caerus Group in contract for Zionist group’s HQ18 Dec 2014 | 5:30 pm EST |

Leo Tsimmer’s Caerus Group just inked a contract to buy the six-story Zionist Organization of America building at 4 East 34th Street, The Real Deal has learned. Tsimmer, who was active in the prior real estate boom as a developer of projects such as Highline 519 in Chelsea, is expected to close on the sale of the building and additional development rights for between $70 million and $80 million, according to insiders. The deal will give Caerus control ... [more] continue reading

Comment Of The Day: "The man designs excellent background buildings."—Original...18 Dec 2014 | 5:20 pm EST |

"The man designs excellent background buildings."—Original continue reading

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