Gloria Vanderbilt’s Beekman Place apartment lists for $1.1M

Those looking to live like a Vanderbilt may be interested in a new listing in Turtle Bay. Gloria Vanderbilt’s son, CNN anchor Anderson Cooper, is selling the apartment at 30 Beekman Place where his late mother lived for more than two decades, the New York Times reported. Listed by Ileen Schoenfeld and Aracely Moran of Brown Harris Stevens, the apartment is asking $1.125 million, plus $4,311 in monthly maintenance. Vanderbilt’s home comes with two bedrooms,

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Durst to fire unvaccinated corporate employees Sept. 6

Nonunion employees of the Durst Organization have a decision to make: get vaccinated or get a new job. The development firm gave its corporate employees until Sept. 6 — the day after Labor Day — to be vaccinated against Covid. If they are not, those employees will be fired, Crain’s reported. The only exemptions from the policy are for religious or medical reasons. It’s not clear if employees need to have completed their vaccination series

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Manhattan lags Chicago, LA in returning to the office

For all of Wall Street’s drum-beating to march workers back to their desks, Manhattan office buildings have actually been slower to refill than those in Los Angeles and Chicago. The nation’s three largest office markets were emptied early last year by the coronavirus, but data show attendance varied wildly among those cities and their industries — and still does. Pandemic lockdowns for all three cities started in the last full week of March 2020, but

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Vornado to buy rest of One Park Avenue

Vornado Realty Trust is nearing a deal to become the sole owner of One Park Avenue. On Tuesday, the company announced it agreed to acquire the Canada Pension Plan Investment Board’s 45 percent stake in the Midtown building. The deal is expected to close this quarter, according to the Commercial Observer. Vornado will be paying $158 million in cash and assume the pension fund’s portion of the $525 million of debt on One Park Avenue.

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Joe Tsai revealed as buyer in $157M 220 Central Park South condo deal

Over a month after the reported $157.5 million purchase of two condo units in Vornado’s 220 Central Park South, the buyer has finally been revealed. Alibaba co-founder Joe Tsai is the billionaire behind the massive transaction, believed to be the third-largest home purchase in American history, CNBC reported Monday. The sales — $82.5 million for the 60th floor and $75 million for the 61st — were previously reported in June, prior to the identification of

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Diamond District building sold for $101M

After nine months on the market, Severn Realty Partners’ mixed-use building in the heart of Manhattan’s Diamond District has sold for $101 million. The nearly 80,000-square-foot, 12-story building at 576 Fifth Avenue, on the corner of 47th Street, has been home to several prominent diamond dealers, including Peter J. Germano Jewelers. Severn first placed it on the market in October, asking $113 million. The buyer was SJD, an LLC incorporated in Delaware, according to public

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Ground control to Nolita: David Bowie’s apartment sells, asking $17M

The late rock star David Bowie’s apartment in Nolita sold, less than a month after hitting the market asking $16.8 million. Bowie, who died in 2016 at 69, purchased the downtown Manhattan apartment on Lafayette Street for $3.81 million in 1999, according to the Wall Street Journal, which cited a StreetEasy listing. The apartment spans over 5,000 square feet with more-than 1,000 square feet of combined outdoor space on three terraces. The four-bedroom unit has

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These were the largest Manhattan real estate loans in June

The 10 largest Manhattan real estate loans recorded in June totaled $4.5 billion — the largest sum since June 2019 and almost as much as the previous three months combined. Most of that total came from a single massive deal — SL Green’s $3 billion refinancing of One Vanderbilt, which was the largest single-property commercial mortgage backed security loan ever. CMBS refinancings for office buildings have now topped Manhattan’s loan rankings for eight of the

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Tenant skipped rent for a year amid “parade” of illegal Airbnb guests: lawsuit

The Brodsky Organization is suing a tenant in its Columbus Circle luxury apartment building, claiming months of missed rent payments — despite illegally renting the unit on Airbnb. In a lawsuit filed last week, Brodsky alleges that tenant Aleksandra Melnik has been renting out a One Columbus Place apartment to strangers for more than six months, violating both the lease and a multiple dwelling law that bans short-term rentals in units designated for permanent residence.

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Diamond magnate Beny Steinmetz backed HFZ’s Belnord: documents

For years, New York condo developer HFZ Capital Group denied any ties to one of the world’s most successful and notorious investors: diamond magnate Beny Steinmetz Steinmetz, sources told The Real Deal in 2016, was a major backer of HFZ’s projects, including the XI, its twisting High Line condo project in West Chelsea. That year, HFZ had denied any investment ties or business relationship to Steinmetz. The Israeli businessman had faced allegations of bribing the

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