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Mitchell sNY takes 80K sf in LIC Media distributor delivers the FT, TRD and the New York Post

31-10 48th Avenue in Long Island City (inset: Mitchell 上海夜网 阿爱上海同城sNY logo)

Extra! Extra!

Mitchell’sNY, the company th上海龙凤论坛 新上海贵族宝贝论坛at deli阿爱上海同城 阿拉爱上海同城vers publications like The Real Deal and the New York Times, is doubling th阿爱上海同城 阿拉爱上海同城e size of its office space in Long Island City.

The 70-year-old family-run firm signed a lease for 80,000 square feet at 31-10 48th Avenue, a warehouse owned by the Capitol Distributors Corporation.

“This sets us up for our anticipated growth over the next 10 years,” Mitchell Newman wrote in an email.

The warehouse, which sits right behind Jamestown’s Falchi Building, has five exterior loading docks and sits next to the Long Island Expressway, offering easy access into Manhattan.

The company is relocating from 40,000 square feet at 47-11 Austell Place, which a joint venture between Normandy Real Estate Partners, Drake Street Partners and GEM Realty Capital bought last year for $35 million.

Mitchell’sNY also delivers publications like Newsday and Variety as well as small food items to homes, offices and hotels.

Tags: long island city, Normandy Real Estate Partners
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North Sea

The North Sea Hamlet

A woodsy Southampton hamlet, located in the north-of-the-highway zone often over上海贵族宝贝论坛 上海贵族宝贝looked b爱上海同城手机版 新爱上海同城对对碰论坛y vacationers, North Sea is traditionally viewed as a magnet for year-round residents. But the mix began to change after the Kardashians rented a waterfro上海千花网龙凤论坛 上海千花社区nt estate on Noyac Road in 2015. Now, on a spit of land next to that property, Coast Development Group has broken ground on a $26-million development project slated to add three hefty 5,000-square-foot homes to the harbor-front land. Two of the houses, which will list for $6 million each, are under construction; a third is planned for $14 million. All will boast huge floor-to-ceiling windows, a far cry from the cedar-shake look of much of the area’s other new construction. Glenn Callahan, a Coast partner, touted the inland location as 上海贵族宝贝论坛 上海贵族宝贝an asset, saying, “You can escape the madness of The Drive.”  C. J. Hughes

Tags: Hamptons
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Slate Property Group

Here’s what the $10M-$20M NYC investment sales market looked like last week City Skyline Realty buys and sells in Hamilton Heights

From left: 522 West 157th Street, Slate s Martin Nussbaum and David Schwartz and 153 Ludlow Street

In the world of mid-market New York City investment sales last week, Slate Property Group picked up a rental building on the Lower East Side, and City Skyline Realty sold off one Hamilton Heights property and bought another.

1.) Slate Property Group bought a six-story rental building on the Lower East Side for $10 million. The 22-unit property at 153 Ludlow Street spans 11,000 square feet and includes two retail units. The previous landlords were Arwen Equities, which owned the building since 1995.

2.) Carmelo Milio’s Trion Real Estate Management picked up a 41-unit building in Hamilton Heights for $17 million. The seller, Doug Peterson’s City Skyline Realty, bought the six-story building for less than half that price in 2014, paying $8 million. The building, located at 48 St. Nicholas Place between West 153rd and 154th streets, spans 42,924 square feet, putting the apartments at roughly 1,000 square feet on average, and the price at $414,000 per door. Daniel Parker of Hodges Ward Elliott represented the seller.

3.) In the same Hamilton Heights neighborhood, Peterson’s City Skyline Realty bought a 44-unit apartment building for $15.5 million. The six-story building at 522 West 157th S上海千花网龙凤论坛 上海千花社区treet spans 42,546 square feet, putting the apartments at roughly 960 square feet on average, and the price at $352,000 per door. Josh Pomerantz of HPNY represented both the buyer and the seller.

4.) Yechiel Weinberger and Eric Miller of Parkway Realty Group bought a mixed-use building at the corner of University Avenue for $14 million fro阿拉爱上海同城 爱上海龙凤419桑拿m Ardowork Corporation. The 58,800-square-foot corner building at 2690 University Avenue includes 62 residential units, 60 of which are rent-regulated, and seven commercial units. Parkway owns a substantial multifamily portfolio in Brooklyn and the Bronx. In 2015, the firm bought 364 apartments in the North Bronx from Urban American Management for $42 million.新上海贵族宝贝论坛 上海贵族宝贝交流区 Mike Stern and Scott Jacobs of NY Standard Realty represented both the buyer and seller.

5.) A two-story commercial building at the corner of East 149th Street and Cortland Avenue sold to Albert Babayev for $17.5 million. The 33,135-square-foot building at 356 West 149th Street in building is leased to A Rite Aid And Located A Block Away From The Third Avenue And East 149th Street hub. Babayev is a commercial landlord based in Jackson Heights and owns several buildings in Queens including another Rite Aid, at 188-16 Union Turnpike, which he bought for $10.8 million in 2016.

6.) Also in the Bronx, a treatment center in Tremont traded hands for $10.5 million. A Jackson, New Jersey-based investor sold爱上海同城论坛 爱上海同城 the 65,181-square-foot building to two LLCs associated w新上海贵族宝贝论坛 上海贵族宝贝交流区ith Lazar Muller of the Monsey-based Gladiator Realty Corpo[……]

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Harry Macklowe

See you in September: Macklowe divorce gets court date Sans prenup, developer and estranged wife are fighting over reported $2B fortune

Linda and Harry Macklowe (Credit: Getty Images)

Harry and Linda Macklowe s big-money divorce will go to trial in September.

But the enormity of their significant assets — including a vast real estate empire and art collection reportedly valued at $2 billion — doesn t mean the case will be granted special treatment, Manhattan Supreme Court Judge Laura Drager said Monday, according to the New York Post. There are a l上海千花社区 上海千花网交友ot of other people who are waiting to be divo上海贵族宝贝 上海千花网龙凤论坛rced and to the extent that your trial takes up court time it means there just isn’t time available for the next case, she said.

Upon leaving the courtroom, Harry — who reportedly offered his estranged wife $1 billion to end their 58-year marriage — refrained from telling jokes爱上海同城对对碰 爱上海同城论坛, as he s done in the past.上海同城对对碰交友社区 上海夜网论坛

Linda, however, joked that maybe Trump will be next after learning that former White House communications director Anthony Scaramucci was ousted. [NYP] E.B. Solomont

Tags: Commercial Real Estate, divorce, Harry Macklowe
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Real Estate Broker Attractiveness

Breaking: Attractive brokers sell more resi real estate A study did reveal some surprises, however

(Credit: Disney)

A study just confirmed what everybody already knew: that attractive residential brokers make more sales.

In an industry known for b新上海贵族宝贝论坛 上海贵族宝贝交流区lowouts and stilettos, a study published in the current edition of the Journal of Housing Research found that the attractiveness of the broker and their use of “pathos” defined as subjective words used to describe the property – affected how a potential buyer responded. That may seem obvious but there were some surprises.

The study asked 1,594 potential home buyers from across the U.S. to rate the a爱上海同城 爱上海ppeal of a property after taking an online tour with an 阿拉爱上海同城 爱上海龙凤419桑拿agent. A separate group of subjects rated the attractiveness of the agents prior to the tour, according to the Wall Street Journal.

It found that attractive women using pathos were most successful, but surprisingly they were more effective with homosexual men than heterosexual men. Married buyers seemed to prefer attractive male brokers, the study found.

But the most interesting aspect of the research is that it flies in the fa爱上海龙凤419桑拿 上海龙凤论坛sh1fce of “homophily,” the theory that buyers prefer agents most like themselves. For instance, Caucasian and non-Caucasian buyers responded similarly to Caucasian agents.

“Similarity for the sake of similarity we did not find to be significant,” Michael Seiler, professor of real estate and finance at the College of William and Mary and a co-author of the study, told the Journal. [WSJ] –Christopher Cameron 

Tag上海夜网 阿爱上海同城s: Residential Real Estate
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Top Property Management Firms NYC

Ranking the city’s top residential managers as owners tighten their belts and industry pressures intensify

(Illustration by Yifan Wu)

Two years ago, Douglas Elliman won the Holy Grail of property management assignments: Co-op City. With 35 buildings and 15,000 units in the Bronx, the Mitchell-Lama project is the country’s largest cooperative housing complex.

Co-op City’s board hired Elliman in May 2016, more than a year after abruptly firing Marion Scott Real Estate over allegations that the company mishandled its duties. Marion Scott has disputed the claim. The co-op board, Riverbay Corporation, self-managed the complex for more than a year but ultimately hired Elliman after an 18-month search for a replacement.

“If you are in the business, there are a couple places that you want,” said James O’Connor, president of Douglas Elliman Property Management. “And I’m a Bronx guy. So it makes sense for us.”

It was that new gig — along with several new upscale condominium developments — that propelled Elliman to the top of The Real Deal’s latest rankings of the city’s biggest property management firms, which tallied companies by the number of residential units they oversee in Manhattan and the outer boroughs.

The analysis, based on data from the city’s Department of Housing Preservation and Development, showed that companies with a national presence and the resources to handle massive portfolios continued to dominate the third-party property management game.

“We’re not a cyclical business, but we do depend on volume,” said Michael Rothschild, vice president of Midtown-based AJ Clarke Real Estate, which acquired the smaller Manhattan-based firm Fenwick Keats last year.   

Property management as an industry is relatively insulated from the city’s volatile real estate market; it’s rarely impacted by falling sales prices or the seemingly fickle appetites of foreign investors. But the business — which generated $81 billion in revenue nationwide in 2017, per business research firm IBISWorld — is highly competitive. And it’s becoming increasingly difficult for smaller, boutique firms to survive, especially as landlords and condo and co-op boards look for ways to cut costs.

At the same time, the job is becoming more complicated as the city continues to issue regulations that largely fall to property managers to carry out, sources in the business say.

“We’re expected to be geniuses,” said Ellen Kornfeld, vice president and partner at the Lovett Group, which has offices in Midtown and College Point in Queens. “We’re expected to know everything, but no one wants to pay for the service.”

Top of the heap

In Manhattan, many of the leading management firms are nationally known brands with multiple offices outside of New York.

Douglas Elliman Property Management, which took the top spot with 28,022 units, is part of the residential brokerage giant with 113 offices across the country. In Manhattan, Elliman scored several new high-end condo developments, including 150 Charles Str[……]

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Michael Cohen Donald Trump

President Trump told Michael Cohen to lie to Congress about Trump Tower Moscow timeline: Buzzfeed President told his lawyer to meet Vladimir Putin and “make it happen,” federal law enforcement officials tell news organization

Donald Trump and Michael Cohen, Donald Trump with sketches of Trump Tower Moscow (Credit: Getty Images (Trump, Cohen) and Buzzfeed (sketches))

President Trump to爱上海 爱上海同城手机版ld his forme爱上海同城论坛 爱上海同城r personal attorney Michael Cohen to lie to Congress about when negotiations ended on Trump Tower Moscow in order to obscure Trump’s involvement, according to a bombshell news report published Thursday night.

Two federal law enforcement officials told Buzzfeed News that Michael Cohen told the office of the special counsel Robert S. Mueller III about the lies after investigators gathered evidence from Trump Organization witnesses, internal company emails, text messages and other documents.

Cohen then admitted to the special counsel that, after the election, Trump personally told him阿爱上海同城 阿拉爱上海同城 to lie about the timeline of the condo project and say negotiations ended two months earlier than they did, the report claims.

These new revelations contrad上海同城对对碰交友社区 上海夜网论坛ict statements Trump was publicly making about the deal at the time. In October 2016, Trump said he had no business deals with Russia. But Buzzfeed’s sources say Trump and his children, Ivanka and Donald Jr., were receiving regular updates from Cohen about the project. Trump had at least 10 face-to-face meetings with Cohen to hear updates about the potential deal, according to the Buzzfeed report.

They say Trump even backed Cohen’s plan to meet with Russian President Vladimir Putin to speed-up negotiations. “Make it happen,” Trump told Cohen, according to Buzzfeed s federal law enforcement sources.

In November, 2018, Cohen pleaded guilty lying about to Congress about when the deal ended. Cohen’s claims that negotiations ended in January, 2016 were an attempt to minimize links between the Moscow Project and Individual 1 in hopes of limiting the ongoing Russia investigations,” said special counsel Robert Mueller, referring to the investigation’s pseudonym for the president.

Felix Sater, a former Trump associate, previously said the Trump Organization considered his idea to offer Putin the $50 million penthouse in the skyscraper.

In light of the new report, some Democrats leaders are calling for an investigation and raising the possibility of impeachment.

“The allegation that the President of the United States may have suborned perjury before our committee in an effort to curtail the investigation and cover up his business dealings with Russia is among the most serious to date,” Rep. Adam B. Schiff (D-California), chairman of the House Intelligence Committee, wrote on Twitter. [Buzzfeed] Decca Muldowney

Tags: Commercial Real Estate, Donald Trump, michael cohen, Politics, trump organization
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” the eye of adjudgement ” drug taking of the person that the part is acted is arrested! World fine urgent stop shipment

As a result of the government about be about to stop ” the eye of adjudgement: The words of the deceased of Azrael ” shipment states circulate at top speed, the player worries about game out of print in succession, an upriver play value of each channel agency be exploded to fry God in succession, stop money even. Up to now, japan Yamaxun official channel the discount price of 7313 yen by second sky, include tripartite inside lowest of secondhand and hypostatic game also wants 8000 yen day to go up, be being tasted newly was to break through 10000 yen more (600+RMB) close greatly, this still is merely normally the game of edition. World fine urgent now give public notice a astonishing messages, those who be like dragon atelier is new make ” the eye of adjudgement: The words of the deceased of Azrael ” in one of main parts ー of エ of ピ of the person that act Long sins because of suck drugs be arrested by police, world fine at present already urgent the Japanese mainland that quited this sport works. We think, our company ” the eye of adjudgement: The words of the deceased of Azrael ” ー of エ of ピ of the person that main part is acted the thing that Long is arrested is a special regret making a person. The announce that at present our company got he is arrested, although show level to still be in,acknowledge a fact, but future of the shipment of this product and digital edition traffic will undertake controlling. We are very sorry to bring inconvenience for all partaker, we can be after countermeasure of course research decision inform everybody for a short while. ” the eye of adjudgement: The words of the deceased of Azrael ” (JUDGE EYES:DEath’s Last Words) it is the behavioral game that a You Shijia is like development of dragon series atelier below the banner, in game by develop of village of wood of Japanese male star take on male advocate. Beyond eliminate wood village, woman of the man in game all has a part to use real star to regard a face as the model, come with this reductive acting attracts more players. [……]

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