Richard Gere

Richard Gere

Richard Gere’s North Haven mansion now almost half price Hamptons property, which was initially asking $65M, has bee上海夜网 阿爱上海同城n re-listed for $36.5M

Richard Gere’s North Haven mansion is now almost half off.

The “Pretty Woman” actor has dropped the price of his home on Actors Colony Road to $36.5 million $28.5 million les上海贵族宝贝 上海千花网龙凤论坛s than its initial $65 million asking price when he listed it in 2013.

The property has undergone several price cut爱上海龙凤419桑拿 上海龙凤论坛sh1fs since then, most recently to $47.5 million in 2014. His上海夜网论坛 上海夜网 listing broker, Susan Breitenbach of the Corcoran Group, was not immediately available for comment.

Hamptons news website 27East first reported on the price chop.

Gere bought the gated compound, dubbed Strongheart Manor, in 2006 for a more modest $6.9 million, rec新爱上海同城对对碰论坛 上海同城对对碰交友社区ords show. It sits on 6.3 acres of waterfront and has views of Peconic Bay and Mashomack Preserve, a private deep water dock, two guesthouses, 12 bedrooms, a heated outdoor pool and a basketball court.

The original house was built in 1902 and was later renovated and restored.

Gere’s upcoming film projects include Jon Avnet’s “Three Christs,” in which he plays a doctor treating paranoid schizophrenics who believe they are all Jesus Christ.

Gere isn’t the only big name Hamptonian slashing the price of his home. Related Companies CEO Jeff Blau and Goldman Sachs chief Lloyd Blankfein have both lowered the asking prices of their respective properties in recent months.

Tags: Corcoran Group, richard gere
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Hirschfeld Properties

Hirschfeld Properties

Hirschfeld buys 40-unit Yorkville building for $23M The six-floor walk爱上海同城对对碰 爱上海同城论坛-up also has two storefronts

1771 First Avenue and Elie Hirschfeld

Hirschfeld Properties bought a 40-unit rental building at 1771 First Avenue on the Upper East Side for $22.8 million or $1,054 per square foot, according to documents filed with the city Tuesday.

Hirschfeld purchased the 21,640-square-foot walk-up from Abraham Daniel’s A.D. Real Estate, which picked up the building two years ago for $14.5 million.

The six-story Yorkville上海同城对对碰交友社区 上海夜网论坛 building between 91st and 92nd streets has two storefronts and 40 rental units, 28 of which ar上海贵族宝贝交流区 上海贵族宝贝论坛e rent stabilized, according to Reonomy. The apartments will add to Hirschfeld’s portfolio of over 1,000 residential units throughout the city.

Broker Rebecca Fucci of BSD Realty represented Hirschfeld in the deal.

CEO Elie Hirschfeld, whose company was behind landmarks such as the Hotel Pennsylvania and the Manhattan Mall, is a fan of both Pope Francis and Donald Trump, who are not necessarily fans of each other. He visited the pontiff in Rome and then endorsed Trump shortly after, The Real Deal reported. Hirschfeld, who counts both Trump and Clinton as friends, said that “Donald is a giant and I would invest with him anytime.”

TRD sat down with上海千花网论坛 上海千花网 Hirsch新爱上海同城对对碰论坛 上海同城对对碰交友社区feld for its Meet the Landlord feature in late 2013.

Tags: elie hirschfeld, hirschfeld properties
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NYU Langone Medical Center

NYU Langone Medical Center

City fines NYU Langone contractor following massive fire Contractor allegedly didn’t safeguard上海千花网 爱上海同城对对碰 flammable material

NYU Langone Medical (credit: NYU)

The city s Department of Buildings has hit a contractor at the NYU Langone Medical Center construction site with fines related to a massive fire on the property on Wednesday.

The contractor allegedly failed to safeguard flammable materials on the site, leading to insu阿拉爱上海同城 爱上海龙凤419桑拿lation material catching fire, DNAinfo reported. NYU is in the process of renovating the campus, work that includes building outpatient care faciliti上海千花网龙凤论坛 上海千花社区es in the Helen L. and Martin S. Kimmel Pavilion and the Tisch Hospital.

Before the fire, contractors working on the renovations at 424 East 34th Street have incurred $75,000 in fines at the site. The amount of the latest fine was not immediately clear.

The blaze started while workers were cutting metal on the pro上海千花社区 上海千花网交友perty. A spark flew onto some roof insulation material on the seventh floor, setting the site ablaze.

In April, NYU inked a 30-year lease for all 25 floors of 222 Ea上海千花网龙凤论坛 上海千花社区st 41st in Midtown East. [DNAinfo] — Kathryn Brenzel

Tags: department of buildings, nyu langone medical center
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2 Herald Square

2 Herald Square

JEMB Realty close to securing leasehold on 2 Herald Square for $350M Sitt Asset Management put it up for sale last month

From left: Eddie Sitt, JEMB’s Morris Bailey, and 2 Herald Square

J新爱上海同城对对碰论坛 上海同城对对碰交友社区EMB Realty could soon pay $350 million for the leasehold of Sitt Asset Management’s 2 Herald Square, according to reports.

The deal i爱上海同城手机版 新爱上海同城对对碰论坛s a “strategic alliance,” sources told the New York Post, and will allow Sitt to remain in the deal. The company put the leasehold on the property up for sale in late April.

The Sitt brothers paid $270 million for the leasehold on th爱上海同城 爱上海e 11-story, 354,000-square foot property in 2007. The four brothers Eddie, Jack, Ralph and David and their mother jointly own a 51.75 percent interest in the le上海千花网龙凤论坛 上海千花社区asehold. A family dispute and ongoing litigation between the brothers has previously hampered refinancing efforts.

However, this week SL Green Realty bought $250M in CMBS debt on the property. The building recently secured WeWork as a tenant, but has reportedly been losing approximately $1.7 million per month, according to court documents.

JEMB Realty, founded by Morris Bailey and Joseph Jerome, will now control three corners at Herald Square the firm owns 1 Herald Center and Herald Towers. [NYP] Miriam Hall

(To view other爱上海龙凤419桑拿 上海龙凤论坛sh1f commercial sales transactions that involve JEMB Realty, click here)

Tags: 2 herald square, Commercial Real Estate, jemb realty, sitt asset management
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NYC Homelessness

NYC Homelessness

A luxury building in Queens is now doubling as a homeless shelter They began living at the building in Kew Gardens on Fr阿爱上海同城 阿拉爱上海同城iday

The Kewl

The city is renting dozens of hotel rooms in a new Queens luxury apartment-and-hotel complex.

The Kew Gardens building at 123-28 82nd Avenue contains a hotel run by Comfort Inn with 84 rooms and 38 luxury units in a residential part of the building, dubbed the Kewl. The city began u上海千花网论坛 上海千花网sing the hotel rooms as a homeless shelter on阿爱上海同城 阿拉爱上海同城 Friday, according to DNAinfo.

Homeless single men are currently living in 19 hotel rooms, and t上海夜网 阿爱上海同城he Department of Homeless Services expect新爱上海同城对对碰论坛 上海同城对对碰交友社区s it will eventually fill all the rooms. Tenants at the Kewl and local Councilwoman Karen Koslowitz have voiced their unhappiness with the decision.

Mayor Bill de Blasio plans to stop using hotels as shelters by 2023, but the hotel is currently the only spot in Queens Community District 9 where the homeless can go, according to DHS. The agency said it intends to find new shelter space for the more than 300 homeless people in the neighborhood. [DNAinfo] – Eddie Small

Tags: homeless, Kew Gardens, Politics
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NYC Parking Tickets

NYC Parking Tickets

What NYC neighborhoods get the most parking tickets? $440M in tickets were issued last year

Roughly $200 million w新爱上海同城对对碰论坛 上海同城对对碰交友社区orth of parking tickets were issued in Manhattan last year, nearly half of the $440 million dished out citywide.

An average of 25 tickets was written per parking spot in the Financial District, while the Upper East Side saw an average of 24 summonses per spot, according to a ne上海千花网论坛 上海千花网w report by SpotAngels cited by the New York Post. Meanwhile, Stuyvesant Town-Peter Cooper Village and Harlem had an average of three and five, respectively, issued per spot.

“I got a parking ticket the other day while I was in the car,” Upper East Side worker John Mario Garcias told the Post. “The police officers don’t give yo上海贵族宝贝 上海千花网龙凤论坛u a break.”

The parking spaces generate an average of $2,219 per spot for the city, according to the report. The average ticket price in Manhattan was $79.82, which is at least $9 more than the average in the other boroughs. [NYP] — Kat爱上海同城论坛 爱上海同城hryn Brenzel

Tags: Financial District
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Chinese Housing Market

Chinese Housing Market

A property tax could be coming to China Move by the government would be an attempt to stabilize the country’s housing market

Beijing, China

Chinese homeowners may soon get to complain about one of th爱上海同城对对碰 爱上海同城论坛e same things American homeowners do: property taxes.

In an effort to stabilize the country’s notoriously volatile housing market, the Chinese government is considering establishing a property tax, as experts say the lack of one is a major reason why its housing market is so unstable, according to the New York Times.

The move is not a sure thing, but finance minister Xiao Jie wrote in the official Communist Party newspaper late last year that leaders expressed support for establishing a property tax at a party meeting under the not-very-catchy slogan “Legislation first, full authorization, move forward step by step.”

Real estate comprises almost 75 percent of assets for the Chinese but is also a factor in some of the largest booms爱上海同城手机版 新爱上海同城对对碰论坛 and busts in the country, with investors eager to pour money into housing and上海千花网龙凤论坛 上海千花社区 mortgage lending skyrocketing over the past two years.

The lack of a property tax stems from the country’s Communist takeover in 1949, when owning land was at first restricted and then banned. China has also historically had a hard time figuring out who owns what properties, but its Ministry of Land and Resources said in September it had comp爱上海 爱上海同城手机版iled a land ownership database.

Property prices fell by 0.3 percent in Beijing and Shanghai between November 201[……]

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Fairfield luxe homes are sitting on the market 20% longer than in 2017

Fairfield luxe homes are sitting on the market 20% longer than in 2017

Douglas Elliman’s report on the first quarter of 2018 finds that the inventory of luxury homes in Fairfield County — th爱上海同城论坛 爱上海同城ose priced at the top 10 percent of all stock on the market — was up almost 6 pe上海贵族宝贝交流区 上海贵族宝贝论坛rcent from 阿拉爱上海同城 爱上海龙凤419桑拿the same time last year, but those homes were sitting on the market 20 percent longer than they were last year, now taking an average of 234 days to sell. The median sales price for these high-end homes was down nearly seven percent, now at $1.99 million. [Douglas Elliman]

T上海贵族宝贝交流区 上海贵族宝贝论坛ags: Westchester Fairfield
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Michael Cohen

Michael Cohen

Arrested development: Michael Cohen’s 330 East 63rd Street was supposed to go condo Months after building purchase, the now-embroiled Cohen became a top hype man for the Trump campaign

Michael Cohen and 330 East 63rd Street (Credit: Getty Images and Google Maps)

Before Michael Cohen made getting Donald Trump elected president his raison d’être, he was planning to become a developer.

阿拉爱上海同城 爱上海龙凤419桑拿With investment partners, Trump s former attorney and fixer bought a partially rent-s上海千花网龙凤论坛 上海千花社区tabilized rental building at 330 East 63rd Street for $58 million, with plans to convert the 90 apartments into condominiums, The Real Deal reported in February of 2015.

But three-and-a-half years later those plans have not advanced very far. Though city Department of Buildings filings show significant renovation work in several units over the last couple of years, the partners never filed an offering plan. Of the 32 units that were rent regulated at the time Cohen bought the building, 28 remain so, according to city property tax records. The developers last year described the building as still under construction in a tax appeal with the city.

USA Today previously reported that Brooklyn lawyer Herbert Chaves is one of Cohen’s partners in 330 East 63rd. Property records show that an additional partner is the Vintage Group. Vintage Group’s Eric Nelson did not respond to a request for comment. Cohen did not respond to questions sent by email.

On Tuesday, Cohen pleaded guilty to felony counts of illegal c[……]

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