09:30:11 | 2012-06-11

NYC Real Estate For Sale Commercial News Condos luxury lofts and single family homes in New York City Manhattan Brooklyn Queens the Bronx and Staten Island 14 Things in New York Real Estate You Need to Know this Morning

Good Morning New York! Here’s the news:

Domino Sugar Factory site in Brooklyn may be sold for more than $160 million

Could Two Trees grow on Brooklyn’s waterfront?

A potential blockbuster deal would sell the highly desired 12-acre Domino Sugar Factory site to DUMBO’s Two Trees Management Co., the Daily News has learned.

[Daily News]

Go inside an East Village apartment makeover  

Most small apartment makeovers look the same. Store some things, slap on a fresh coat of paint, and get some small furniture to not look out of scale. Rarely do the “before and after” photos turn the eye. Here’s something that will.

[NY Daily New]

Realogy gets real on IPO

The parent of Realogy filed to raise as much as $1 billion in an initial public offering, five years after Apollo Global Management LLC took the real estate broker private in the largest buyout on record for the industry.

[NYP]

Well-Timed Deals Mean Big Profits

The most recent jobs report was weak, the leasing market is sluggish and the European economy is in tumult. But some real-estate investors, who have recently sold Manhattan office buildings, have proven that well-timed deals can still translate into big-time profits.

[WSJ]

Real Estate News: Big Homes Are Back in Business

As the economy slowly improves and some consumers’ anxieties ease, buyers are upsizing again—though there is far less demand than before for huge houses loaded with upgrades.

[WSJ]

Brooklyn breaks: Life in New York’s hipster paradise

I love New York. Really, truly, deeply. There may be five boroughs in the city, but my heart has always belonged to just one. Why go to Queens or the Bronx when you can take Manhattan?

[Mirror]

Manhattan Best for Homebuyers Since 2006

Andy Queen and his wife have been apartment renters in Manhattan since selling their home in 2006, when prices were climbing to their peak.

[Bloomberg]

Where Dogs Rule the Roost

Luxury buildings in New York City have created an ever-lengthening check list in their amenities arm race. Child’s playroom? Check. Roof deck? Yes. Fitness center? Definitely.

[WSJ]

Manhattan’s Five Best $30 Million-Plus Apartments

Here’s another reason F. Scott Fitzgerald was right when he wrote about the rich being different from you and me.

[CNBC]

Landlord Phillip Goldfarb lives in a nice suburban home while his buildings have many violations

THE KING OF the Goldfarb real estate empire lives in a 3,400-square-foot mansion on a leafy suburban cul-de-sac, miles from the Bronx apartment building he owns where fire escapes were removed and tenants last week found themselves homeless

[NY Daily News]

Old Brooklyn Heights draws new faces

An air of timelessness envelops much of four-block-long Montague Street, but the commercial hub of Brooklyn Heights is stirring as it hasn’t in years.

[Crains]

Related Lands $240M Financing From NY For High Line Tower

Real estate giant The Related Cos. has closed on $240 million in construction financing for a 386-unit residential tower in Manhattan’s Chelsea neighborhood, secured by the New York City Department of Housing Preservation and Development, the parties announced Friday.

[Law360]

Answers to your real estate queries

Recently launched on N.Y.’s no-fee rentals site, www.UrbanEdgeNY.com, The Apartment Therapist is a low-cost way to get valuable real estate guidance.

[NY Daily News]

New Luxe Apartments Pamper with Vegan Room Service, Triathlon Gyms

Forget cramped Manhattan apartments — a new Upper East Side building is luring families with a pristine half-acre park, a sprawling children’s play area and even a “yoga sanctuary.”

[DNAinfo]

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