Jonah Hill

Talk about Moneyball : Jonah Hill pays $9M for Noho pad Oscar-nominated actor picks up four-bedroom, 3,300 sf unit at 36 Bleecker Street

Oscar-nominated actor Jonah Hill, of “Moneyball” and “The Wolf of Wall Street” fame, just bought a four-bedroom pad at the Schumacher building in Noho for $9.2 million.

The 3,280-square-foot unit at 36 Bleecker Street, between Mott and Mulberry streets, was previously asking $9.5 million and comes with an “extensive wall space designed to showcase large-scale works of art,上海千花网论坛 上海千花网” according to a Douglas Elliman listing. Elliman brokers John Gomes and Fredrik Eklund had the listing.

The apartment also features original restored columns and beams that hearken back to the building’s former use as a printing factory, according to the New York Post. Bedrooms are located in a “private wing” overlooking a courtyard garden designed by landscape architect Ken Smith, who also designed a 17,000-square-foot rooft爱上海同城手机版 新爱上海同城对对碰论坛op garden at the Museum of Modern Art that’s closed off to the general public.

The 32-year-old Hill, who’s come a long way from his starring role in 2007 teen comedy flick “Superbad,” listed his 2,000-square-foot, full-floo上海千花网论坛 上海千花网r apartment at 27 Howard Street in Soho for nearly $4 million in 2014.

The 21-unit, Morris Adjmi-designed Schumacher was developed by Stillman Development International, led by Roy Stillman. Elliman launched sales at the seven-story building in 2013. [NYP] – Rey Mashayekhi

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Sunshine Suites

One of NYC s first co-working firms has shuttered its last location Sunshine Suites, a precursor to WeWork, shut down its office at 419 Lafayette St.

419 Lafayette Street (inset from top: Cheni Yerushalmi and Joseph Raby)

One of the first tappers of the office keg is throwing in the towel after 15 years in the co-working business.

Sunshine Suites, founded by Cheni Yerushalmi and Joseph Raby in 2001, has closed its office at 419 Lafayette Street, where it formerly occupied more than 30,000 square feet. In recent months, it had reduced its footprint one floor at a time. Now, it has given up the location entirely.

The space was the final one in Sunshine s portfolio. The company, one of New York City s original co-working space concepts, previously operated locations at 12 Desbrosses Street in Tribeca, which it had 36,000 square feet, and at BankNote Building in the Bronx, where it had 11,000 square feet. Sunshine abandoned its Bronx lease in 2014 with eight years remaining on its term. The Tribeca location shuttered in 2013.

Sunshine Suites was 爱上海同城论坛 爱上海同城among several co-working concepts that benefited from the rise of the freelance economy and free-flowing venture capital that poured into local startups following the recession. The company faltered amid increasing competition from co-working behemoths such as WeWork, formed by Miguel McKelvey and Adam Neumann, which expanded aggressively thanks to deep-pocketed backers and as of March was valued at $16 billion.

“It was hard to compete[……]

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Construction Accidents

DOB ramps up construction violations following high number of on-site deaths: report The agency pledged to increase enforcement

Worth Street following the Feb. 5 crane accident

The city ramped up enforcement against construction violations following a large number o上海千花网 爱上海同城对对碰f accidents and deaths on worksites in the past two years.

In February, the Department of Buildings pledged to increase oversight on construction job sites, and a new study shows the agency has acted on that pledge. The month after the announcement, construction violations soared 46.8 percent year-over-year, jumping to 4,004 in March 2016 from 2,727 in March 2015, according to a report by real estate compliance company SiteCompli. Violations continued to grow through June, which saw 3,762 violations that month — a 21-percent increase from June 2015.

The share of construction-related violations of the combined DOB and environmental control board (ECB) issued also climbed steadily over th爱上海同城对对碰 爱上海同城论坛e past year, rising to 73.6 percent in July 2016 from 59.9 percent in January 2015, according to SiteCompli.

It should be noted that a large percentage of these violations are traditionally construction related. The report also found that 49 percent of the infractions issued from 2010 to 2015 citywide were for construction violations.

Still, the DOB appears to have stepped up its enforcement in the wake of a number of serious construction accidents. Immediately before the agency s announcement in February, a 15-story crane[……]

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Home of former Gray Lady managing editor listed for $2.77M

We won’t bury the lede: The former Water Mill residence爱上海同城手机版 新爱上海同城对对碰论坛 of Arthur Gelb, a legendary上海千花社区 上海千花网交友 managing editor at The New York Times, has hit the market for $2.7爱上海龙凤419桑拿 上海龙凤论坛sh1f7 million. It last traded hands for $2 million in 2007, the New York Post reported. Spanning 2,550 square feet, the 上海千花网 爱上海同城对对碰five-bed, four-bath waterfront home features a pool and a dock on Mill Pond. Maryanne Horwath and Michael Shaheen上海千花社区 上海千花网交友 of Douglas Elliman share the listing. [NYP]

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47

Building manager who displayed Nazi posters arrested Condo lobby featured Confederate, Nazi imagery

From left: Outside 47-55 39th Place in Sunnyside and the building s lobby (credit: Council member Jimmy Van Bra上海贵族宝贝 上海千花网龙凤论坛mer s office)

A property manager who displayed Nazi and Confederate posters in his building s lobby was arrested Sunday for allegedly harassing and stalking a tenant.

Neal Milano, 70, is accused of repeatedly following a 43-year-old woman who lived at t新爱上海同城对对碰论坛 上海同城对对碰交友社区he condominium building at 47-55 39th Pla爱上海龙凤419桑拿 上海龙凤论坛sh1fce, the Wall Street Journal reported. Milano, who served as the building s property manager, also allegedly scared the 上海千花社区 上海千花网交友woman by pulling on her arm at least once.

The New York City’s Commission on Human Rights is investigating the Sunnyside building to see whether it created a hostile environment for tenants. The building s lobby was decorated with posters of Adolf Hitler, a swastika, a cartoon of an African-American next to the words “The Original Jim Crow” and Benito Mussolini.

An爱上海同城对对碰 爱上海同城论坛 attorney for the condo board, Jacob Laufer, said the board approved the images displayed in the lobby to represent U.S. history and World War II. [WSJ] — Kathryn Brenzel

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999 Third Avenue

Zucker Organization shops divided
Urban Outfitters space Company decided t上海千花网 爱上海同城对对碰o offer option of split爱上海同城 爱上海ting up 20K store

999 Third Avenue (Credit: Google Maps)

Earlier this year, Urban Outfitters left its nearly 20,000-square-foot outpost at 999 Third Avenue in Lenox Hill. Now, the building s owner, the Zucker Organization, is marketing the vacant shop as multiple spaces, rather than as a lone, three-story store.

Representatives for Zucker declined to disclose asking rent for the 17,500-square-foot space, but sources said the ground floor is asking $300 per square foot, the second floor $125 per foot and the lower level $65 per foo爱上海同城对对碰 爱上海同城论坛t. The space is being marketed in-house by Josh Roth.

Chopping up larger retail spaces has become relatively commonplace in the city, as many stores struggle to keep up with high rents and the ever-present threat of e-commerce. Landlords have also increasingly offered incentives to tenants, such as free rent and paying for renovations, to combat rising vacancy rates. Still, Laurie Zucker, vice chair of the Zucker Organization, said her company hasn t dabbled in concessions.

The market will tell you where you need to be, and as long as you listen, you ll be su爱上海同城论坛 爱上海同城ccessful, she said. A lot of people play the game — they ll give you concessions, they ll contribute to paying for the tenant s installation. We find if the rent s appropriate, you don t need to do that.

In March, one month before Urban Outfitters vacated its space, its chief[……]

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Shawn Elliott Luxury Homes

Nest Seekers expands to Long Island with brokerage acquisition Manhattan-based firm is acquiring Shawn Elliott Luxury Homes and Estates

Shawn Elliott (credit: LinkedIn) and Eddie Shapiro

UPDATED, Dec. 18, 4:17 p.m.: Nest Seekers International acquired the Long Island-based brokerage Shawn Elliott Luxury Homes and Estates in a deal that expands the firm’s reach to the Gold Coast.

Shawn Elliott, founded in 2002 by the eponymous broker, serves Old Westbury, Brookville, Oyster Bay Cove, Roslyn and Woodbury among other towns. The firm claims to have 40 agents.

In a爱上海龙凤419桑拿 上海龙凤论坛sh1f statement, Nest Seekers CEO Eddie Shapiro called the Gold Coast a “critical point between New York City and the Hamptons. 新上海贵族宝贝论坛 上海贵族宝贝交流区It’s a missing piece that completes a regional picture for us.”

In 2014, Shawn Elliott opened an office inside a Rolls Royce showroom in Jericho.

Nest Seekers, which has about 800 agents in 20 offices, is a major player in Manhattan’s luxury condo market, largely through its star broker Ryan Serhant. In July, Serhant’s team took over the sales at Greenland Forest City’s development 550 Vanderbilt in Prospect H上海贵族宝贝论坛 上海贵族宝贝eights. Over the summer, his team lost several key agents. Konrad Putzier

Note: A previous version of this post noted that the Shawn Elliott s website lists 21 agents. A spokesperson has since told TRD that the 上海贵族宝贝 上海千花网龙凤论坛website is not up-to-date and that the firm has 40 agents.

Tags: eddie shapiro, Nest Seekers International, Residential Real Estate
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Kevin Crane

Pacific Union broker identified as shooter in Th上海贵族宝贝论坛 上海贵族宝贝ousand Oaks mall killing Kevin Crane shot and ki爱上海同城论坛 爱上海同城lled his ex-wife after an argument, police say

Kevin Crane (Credit: Aaron Kirman Partners)

UPDATED, 11:07 a.m., March 19: The man police say shot and killed his ex-wife at a Thousand Oaks mall on Saturday has been identified as Kevin Crane, a broker at Pacific Union.

Crane, 33, reportedly shot his ex-wife, 上海千花社区 上海千花网交友29-year-old Parisa Siddiqi, while she was working at a retail store in The Oaks mall on Saturday following an argument.

Crane then shot himself, but survived and was in critical condition as of Sunday, according to the Associated Press. The couple had two children, who were found unharmed, according to Ventura County Sheriff’s Office.

Crane had been part of A上海龙凤论坛sh1f 上海龙凤论坛aron Kirman s team at Pacific U爱上海 爱上海同城手机版nion.

In December, Crane represented rapper Big Sean on his $8.7 million purchase of the former home of Guns ‘N Roses guitarist Slash. He was previously with Compass. [AP] – Dennis Lynch 

This is a developing story.

Correction: An earlier version of this story provided an incorrect description of the firm where Crane worked.

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ReMax Earnings

Re/Max took in $53M in revenue during 2018’s上海千花网 爱上海同城对对碰 first quarter Operating expenses, agent count and ea爱上海 爱上海同城手机版rnings were all higher than in 2017

Re/Max s Adam Conto爱上海 爱上海同城手机版s

Re/Max Holdings Inc. took in $52.6 million of revenue in the first quarter of 2018, an 11 percent increase from the first quarter of 2017.

The company’s agent count 上海千花网龙凤论坛 上海千花社区rose as well to 120,821, a 6.2 percent boost, according to Inman. Its growth was anchored by higher revenue from its annual agent conference, increasing home prices and an expansion of its mortgage franchise Motto. The firm also acquired the real estate tech company booj.

Operating expenses at Re/Max went up in the first quarter of 2018 as well, rising 19.3 percent to $38.9 million due largely to higher operating, administrative and selling expenses.

Re/Max CEO Adam Contos told Inman that the company’s “network of highly productive agents combined with our differentiated business model gave us a built-in and unique competitive advantage.”

Realogy Holdings yesterday announced a $67 million lo新爱上海同城对对碰论坛 上海同城对对碰交友社区ss, which executives attributed to a slowdown in new development sales and higher commissions at its NRT division. [Inman] – Eddie Small

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US Homeownership Rate

Homeownership rate is at 1990s levels, and it’s only getting tougher for Americans to buy homes It’s harder to buy a home now than it was before the Great Recession

(Credit: iStock and pngimg)

The home ownership rate in the country has declined precipitously since its peak more than a dozen years ag上海千花网龙凤论坛 上海千花社区o. And ever since the recession, it’s been harder for Americans to buy homes.

The home ownership rate in April stood at 64.4 percent, ac爱上海同城对对碰 爱上海同城论坛cordin上海千花网论坛 上海千花网g to figures from the Census Bureau reported by the Wall Street Journal.

That’s roughly on par with levels from the mid-1980s and mid-1990s, before a decade-long home-buying boom drove the rate to a peak of 69.4 percent in April 2004.

But a confluence of factors is making it more difficult to buy a home now than it was a decade ago. Lenders are pulling back from making mortgages, and developers haven’t added enough new supply after getting stuck with a glut of inventory last time around.

Meanwhile, home prices are rising fastest for lower-priced properties — the kind first-time homebuyers are most able to afford. And the median age of a homebuyer last years 45, which is the highest its been in more than three decades.

However, Bloomberg reported that the home ownership rate among young adults is ex爱上海同城手机版 新爱上海同城对对碰论坛pected to rise to 58.1 percent by 2025. [WSJ] — Rich Bockmann

 

Tags: homeownership, Housing Market, Residential Real Estate
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