Recent Posts

Posted in 未分类

Trump University

Trump s campaign comments may be used in Trump University trial Judge denies broad request to ban everything the president-elect said on the trail

From left: Donald Trump and Gonzalo Curiel

Comments President-elect Donald上海贵族宝贝 上海千花网龙凤论坛 Trump made while on the campaign trail could be used in the upcoming trial over Trump University.

U.S District Judge Gonzalo Curiel denied Trump lawyers’ request for a broad ban excluding all comments he made during the campaign, which they had said were irrelevant to the matter of whether Trump had deliberately mislead students.

Defendants have not identified specific evidence that they wish to exclude, Curiel said in his tentative decision, according to Crain’s. “Accordingly, the court declines to issue a blanket ruling at this time.

While Trump’s lawyers did not identify any specific comment爱上海同城对对碰 爱上海同城论坛s he wanted barred from the trial, the presi阿拉爱上海同城 爱上海龙凤419桑拿dent-elect drew criticism for saying that earlier rulings by Curiel – who was born in Indiana to Mexican immigrants – were retribution for the real estate mogul’s plan to build a wall at the border betw上海夜网论坛 上海夜网een the United States and Mexico.

The trial in the class-action suit brought on behalf of former students in California, Florida and New York is set for No爱上海同城手机版 新爱上海同城对对碰论坛v. 28. The suit claims the now-defunct university scammed students into paying as much as $35,000 for real estate seminars.

Trump started the school in 2005, touting it as a way to learn his strategies for business success.

On Wednesday, The Real Deal asked some of the real estate industry s leading players how they felt about Trump s surprise election victory. [Crain’s] – Rich Bockmann

Tags: Donald Trump, trump university
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading
Posted in 未分类

Existing Homes Sales

US home resales spiked to hit 10-year high
in March Sales of previously owned homes reached seasonally adjusted rate of 5.71M: NAR

The number of home resales上海千花网论坛 上海千花网 across the country jumped in March to reach its highest pace since 2007.

Last month, sales hit a seasonally adjusted rate of 5.71 million, the Wall Street Journal reported, citing figures from the National Association of Realtors. That’s a 4 percent increase over the prior month.

Compared to the same period of time in 2016, sales in March jumped nearly 6 percent.

Sales are “doing much better than I anticipate上海千花社区 上海千花网交友d, particularly in light of affordabili阿拉爱上海同城 爱上海龙凤419桑拿ty challenges,” Lawrence Yun, the chief economist at NAR said,爱上海龙凤419桑拿 上海龙凤论坛sh1f according to the Journal. He said it s surprising that demand has remained so str上海千花网交友 上海千花网论坛ong despite rising prices and tight inventory.

Sales of previously owned homes grew through most of 2016, but fell in December   largely because of rising mortgage rates. Last month, the Federal Reserve increased its benchmark interest rate to a range between 0.75 and 1 percent.

Fed officials have said they expect to raise interest rates twice more in 2017. [WSJ] Miriam Hall

Tags: home sales, Residential Real Estate
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading
Posted in 未分类

Steve Roth

Steve Roth underwent double bypass heart surgery in August: report The Vornad上海千花网龙凤论坛 上海千花社区o CEO does not have a publicly announced successor
上海夜网论坛 上海夜网

Steve Roth and 220 Central Park South (Credit: Getty Images and CityRealty)

After suffering a heart incident at a Hamptons golf course in early August, Vornado Realty Trust CEO Steven Roth received double bypass heart surgery at Weill Cornell Medicine hospital in Manhattan.

A爱上海同城 爱上海ccording to Bloomberg, Roth resumed his duties at the real estate firm after a month of rest, coming back to the office at the conclusion of Labor Day weekend.

Although the U.S. Securities and Exchange Commission does not regulate the health disclosures of CEOs at publicly traded companies, Vornado is widely considered to be more secretive about Roth s succession plans than 爱上海龙凤419桑拿 上海龙凤论坛sh1fother companies of comparable size and influence. Roth has told investors there is a succession plan in-house, but for now the public does not know what that plan is.

Despite that, Michael Franco, the company s chief investment officer, is a likely pick to lead the company in the future, according to sources who spoke to The Real Deal for a story about Roth last year.

Vornado owns more than 30 million square feet of real estate in New York City and it is currently repositioning 8 million of that at Penn Plaza. It s also developing one of the most expensive condo projects in history at 220 Central Park South. Earlier this year, the company spun-off its Washington, D.C.-area assets into two companies, Urban Edge Properties and JBG Smith Properties. Vornado also owns shares in Toys R Us, which is nearing bankruptcy.

During the time Roth was recovering from surgery, President Donald Trump announced he was dissolving an infrastructure advisory council that was to be headed by爱上海龙凤419桑拿 上海龙凤论坛sh1f Roth and developer Richard LeFrak. Roth is one of the president s most recognizable supporters in the real estate industry. [Bloomberg] — Will Parker

Tags: Commercial Real Estate, Steven Roth, Vornado Realty Trust
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading
Posted in 未分类

Harry Macklowe

Harry Macklowe s inspirations? Matisse and Bottega Veneta Developer also recounts early lessons in labor relations

From left: Bottega Veneta ba新上海贵族宝贝论坛 上海贵族宝贝交流区g, the base of 200 East 59th Street, Harry Macklowe, 610 Broadway and Matisse s Blue Nude II

Harry Macklowe received an important lesson in labor relations on his first project of the 1960s — a loft-to-office Conversion On 28th Street. With plans to renovate the building — and raise rents from $1 per square foot to $4 per square foot — the developer drove his station wagon to the Bowery, hired six laborers and put them to work with five- and 10-pound sledgehammers.

He thought nothing of it when the workers begged off for lunch at 11:30 a.m. with their morning wages in hand. “They never came back,” the developer recounted Monday night during a one-on-one chat with architecture critical Paul Goldberger. He was left with a half-demolished building and a lasting realization. “I couldn’t do everything I wanted on my ow爱上海同城手机版 新爱上海同城对对碰论坛n,” he said.

The event — held at the sales center for Macklowe’s condominium at 200 East 59th Street — was part-promotional for the 67-unit condominium and part-introspective, touching on six decades worth of projects spanning an office building at 610 Broadway to the supertall condo at 432 Park Avenue.

Regarding 432 Park, Macklowe recalled enlisting the opinion of famed Italian architect Renzo Piano, who reportedly said: “Harry, the building is square. You cannot fuck up a square.” (Macklowe considered Piano for the job, but tapped Rafael Vinoly. The exterior design was ultimately inspired by a trash can, Macklowe revealed in 2015.)

The 80-year-old developer, who got his start as a leasing broker with Julien Studley, said that experience “awakened a nascent desire to understand architecture, planning and how to better use the space.” He admitted to being “very, very timid” when asserting his design ideas early on, though he was emboldened when he felt his concepts were not only functional, but also told a story. “The latter part of my career has been devoted to design,” he said.

By the 1970s, Macklowe recounted sketching alongside his engineers and architects. A project completed that decade — 2 Hammarskjold Plaza — was meant to be a “mini Seagram building,” he said. “I always thought it would stand the test of time and not what I call the 57th Street beauty parlor.”

Back then, the word “starchitect” didn’t exist and few developers knew anything about design. Macklowe said the industry was further constrained by the limits of crane technology, availability of building materials and the prevalence of nickel-and-diming in the industry, which kept creativity in check.

Macklowe recounted that in the 1980s, when he was building the 241-unit Metropolitan Tower, he visited a laboratory in Miami to test a newly-developed silicone glaze that he ultimately applied to the building’s curtain wall. “You gambled on it first,” Goldberger agreed.

In other cases, Macklowe said he was inspired by art, fa[……]

Read more

Continue Reading
Posted in 未分类

UK Real Estate Investments

The UK s top markets for investors Li爱上海同城对对碰 爱上海同城论坛verpool and Nottingham are the top markets in the country: report

London in back. (Credit back to front: Pixabay; 401(K) 2012 Flickr)

According to a new report by Private Finance, Nottingham 爱上海龙凤419桑拿 上海龙凤论坛sh1fand Liverpool are the best spots to invest in real estate.

Both cities have average rental yields of about 6 percent thus far in 2018, bringing them to the top of the 50 cities surveyed for the report, according to Mansion Global.

Though the two cities reached the top ranked position from different starting places Liverpool remains tied for first now despite seeing rental yields slip nearly 2 percent, while Nottingham s 0.6 percent increase brought allowed the city to climb the rankings爱上海同城论坛 爱上海同城.

The news com上海千花网论坛 上海千花网es comes as the average two-year mortgage rates for rental properties hit a low not seen since 2012. [Mansion上海千花网龙凤论坛 上海千花社区 Global] Erin Hudson

Tags: European Real Estate, global real estate, Real Estate Finance
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading
Posted in 未分类

Developer’s plan to demolish historic Larchmont home ready for planning board vote

Developer’s plan to demolish historic Larchmont home ready for planning board vote
爱上海同城论坛 爱上海同城

After a village moratorium on tear-down applications expired, developer KOSL Building Group’s plan to demolish an 1896 home known as “The Orchard” w上海龙凤论坛 新上海贵族宝贝论坛ill be decided by a planning board vote next w爱上海同城 爱上海eek. In 2015, KOSL submitted plans to tear down the 上海千花社区 上海千花网交友3,000 square-foot house and subdivide the 1.6-acre site with four new homes being built in its place. Local preservationists led public opposition to the plan, and the Village Board of Trustees put a hold on all building applications while analyzing the impact of subdivisions. Larchmont passed new zoning la上海龙凤论坛sh1f 上海龙凤论坛ws for development and the moratorium on permits ended in December 2016. [Lohud]

Tags: Westchester Fairfield
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading
Posted in 未分类

San Francisco Housing Prices

San Fran s feverish housing market hits a new record The median sale price of a house is now 上海夜网论坛 上海夜网$1.6 million.

(Credit: Pixabay)

What fazes Bay Area home buyers? Not the roller coaster ride on the stock market or the tax overhaul it seems; nothing e上海贵族宝贝论坛 上海贵族宝贝xperts predicted seems able to stop San Francisco home prices from rising and buyers from inking deals, according to Bloomberg.

The biggest news is the median house sales price which jumped up 24 percent compared to last year to a record high of $1.6 million. But condos also saw an increase, albeit not as large due to a new spate of units hitting the market, with prices rising 4.6 percent to a上海贵族宝贝交流区 上海贵族宝贝论坛bout $1.2 million, according to a recent report爱上海龙凤419桑拿 上海龙凤论坛sh1f by Paragon Real Estate Group.

“Recent financial market volatility, so far, appears to be having little effect on local real estate markets, Paragon s Patrick Carlisle told Bloomberg. But it [is] still early to measure this.”

The market has been increasing for six years and counting prompting many to wonder if the city s a bubble risk, but experts say it s national or global triggers that seem to affect San Fran s markets most and now even that is proving not to be much of a concern. [Bloomberg] Erin Hudson

Ta上海千花网交友 上海千花网论坛gs: Residential Real Estate, San Francisco
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading
Posted in 未分类

Compass

Compass launches commercial brokerage Eastern Consolidated’s Adelaide Polsinelli joins i-sales division

Adelaide Polsinelli and Robert Reffkin (Credit: iStock and LinkedIn)

UPDATED, Aug. 3, 4:58 p.m.: Compass is going after a bigger chunk of the real estate mar上海贵族宝贝交流区 上海贵族宝贝论坛ket: commercial brokerage.

The venture-backed firm, which has upended the residential world since launching in 2012, is launching Compass Commercial, the firm announced Friday. The new division will focus on investment sales nationwide, the company said.

Like it did on the residential side, the New York-based firm is launching the new division by going after big fish.

In New York, Compass said i新上海贵族宝贝论坛 上海贵族宝贝交流区t hired Adelaide Polsinelli and Ronda Rogovin — formerly of Eastern Consolidated — to join the up-and-coming division. They joined the company on August 2, the company said.

Polsinelli was among the 100 brokers who became free agents after Eastern Consolidated shuttered in June.

Polsinelli began her career in 1985 and specializes in retail investment sales and commercial condos. She w阿爱上海同城 阿拉爱上海同城as the buy and sell-side broker on the $107 million sale of 18 Williamsburg buildings to L3 Capital and ASB Real Estate Investments in 2016.

The commercial division is the latest iteration of Compass’ aggressive growth since SoftBank invested $450 million in late 2017, a deal that valued Compass at $2.2 billion.

On the residential front, Compass has been acquiring firms in new markets in its quest to capture 20 percent market share in 20 U.S. cities by 2020. Earlier this month, the firm also said it would begin licensing its technology to boutique firms in non-core markets, although its first deal fell apart after a few days.

In the announcement, Compass cited its recent acquisition of Paragon Real Estate Group in San Francisco, a 225-agent firm that closed $2.3 billion in sales last year.

Paragon CEO Bob Dadurka, who said Compass reached out earlier this spring to explore a possible deal, said the new commercial division factored into his上海贵族宝贝 上海千花网龙凤论坛 decision.

“Part of our decision to merge with Compass,” he said in a statement, “was the resources they offered.”

Tags: Commercial 新上海贵族宝贝论坛 上海贵族宝贝交流区Real Estate, compass, Robert Reffkin
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading
Posted in 未分类

John Catsimatidis

Red Apple s John Catsimatidis, Slate s David Schwartz join Future City 2019 Real estate’s brain trust will convene Jan 27-29 in the Bahamas

Red Apple Group s John Catsimatidis and Slate’s David Schwartz are the latest additions to The Real Deal s Future City 2019 in the Bahamas. The developers will be joining Michael Stern, Don Peebles, Ken Fisher, Louise Sunshine, Bruce Mosler, Bess Freedman and many more industry titans at Future City, Jan. 27-29, 2019 at the brand-new Baha Mar resort.

Future City is an exclusive two-day opportunity for a group of 200 C-level executives in 上海千花社区 上海千花网交友the fields of development, tech, construction, design and finance to network with and learn from the top minds and biggest dealmakers in the country.

The industry is changing at a faster pace than ever before as a result of new technology, new sources of funding, new policies and new attitudes, and top thought leaders will be hosting workshops enabling an understanding of these seismic shifts at a high-level, as well as their practical day-to-day applications.

Some of our other confirmed attendees and thought leaders include: Sharif El-Gamal, Young Woo, Edgardo DeFortuna, Kobi Karp, Rotem Rosen, Amol Sarva, Morris Moinian, Bob Knakal and more.

A sampling of爱上海龙凤419桑拿 上海龙凤论坛sh1f our workshop topics includes:

– Deciphering Opportunity Zones: Digging into the tax legal implications
– Construction innovations changing the development landscape
– Alternative finance options, from hedge funds to the Israeli bond market
– Property management tech that works
– Development 上海龙凤论坛 新上海贵族宝贝论坛impact of co-working, co-living and the larger sharing economy
– How to get on the venture capital train

In addition to 20-plus learning sessions, there will be additional programming to facilitate networking including golf, fitness activities, group meals and keynote speeches, cocktail events and plenty of other entertainment.

If you are VP level or higher, please email Baha[email protected] for furth上海千花社区 上海千花网交友er details. Space is limited and sub上海同城对对碰交友社区 上海夜网论坛ject to approval.

Tags: david schwartz, John Catsimatidis, Opportunity Zones
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading
Posted in 未分类

Rockefeller Group

Rockefeller Group looks to sell large Midtown development site New owner could erect building as large as 420K sf

150 West 48th Street and Rockefeller CEO Daniel Moore (Credit: Google Maps and Twitter)

Earlier this year, the Rockefeller Group paid a litt上海同城对对碰交友社区 上海夜网论坛le more 爱上海同城 爱上海than $24 million to buy a plot of dirt on West 48th Street in Midtown – the final piece of an assemblage the company’s been putting together for the past decade.

Now, the development firm is looking to sell that assemblage sitting between Sixth and Seventh avenues, where a new owner could develop a building larger than 400,000 square feet.

The Rockefeller Group, headed by CEO Daniel Moore, tapped JLL to market the development site, which includes five different properties as well as air rights the company purchased on the block.

“This site benefits from close proximity to both Rockefeller Center and Times Square,” said JLL’s Bob Knakal, who is leading the team that’s marketing the site alongside Jeff Davis of JLL’s hotels group.

“There are many uses allowed at the site,” Knakal added. “This is an unbelievable opportunity for anyone to do a mixed-use development.

The development site, which has an address of 150 West 48th Street, currently holds almost 360,000 square feet of development rights.

But Rockefeller Group also owns the Night Hotel adjacent to the development site on the other side of the block facing West 57th Street. Rockefeller could include the Night Hotel property along with the development site, which if torn down could boost the total buildable to nearly 420上海千花网龙凤论坛 上海千花社区,000 square feet.

Rockefeller has spent the last decade and at least $224 million stitching the assemblage together, property records show. The final piece came in January, when Rockefeller paid $24.27 million to buy the property at 156 West 48th Street. (Rockefeller had already controlled the site under a 99-year lease it had inked at the location in 2016.)

Rockefeller is shooting for about $250 million in a sale, according to sources.

The developer has already demolished all the buildings on the site, which sits across the street from where Extell Development is building its 35-story, 445-key Hard Rock Hotel.

The a上海贵族宝贝 上海千花网龙凤论坛rea just north of Times Square is in the midst of an overhaul. On Seventh Avenue at 47th Street, Maefield Development and Fortress Investment Group are building their Edition hotel at 701 Seventh Avenue and the TSX Broadway project at 1568 Broadway (which they’re developing with L L Holding Company).

And to the rear of Rockefeller’s development site, Tribeach Holdings is building a 27-story hotel at 145 West 47th Street.

Elsewhere in the city, Rockefeller is develop上海龙凤论坛 新上海贵族宝贝论坛ing a 46-story, 123-unit condominium building in NoMad at 30 East 29th Street.

Tags: Commercial Real Estate, Development, midtown manhattan, rockefeller group
We are having some technical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

[……]

Read more

Continue Reading