Related Cos., in partnership with New York City pension funds, is ramping up its multifamily moves, with the $112.5 million purchase of a 20-building Bronx portfolio – the largest package to change hands in the borough this year, sources told The Real Deal. The portfolio contains 737 apartments spread throughout the North, West and South Bronx. […]
Greenwich, Conn. sees influx of Chinese buyers
549 North Street in Greenwich, Conn. listed for $9.5 million. The home is an example of a home that brokers hope will appeal to Asian buyers. It’s not just Manhattan and waterfront Brooklyn that are attracting China’s real estate-crazed nouveau riche. Greenwich, Conn. is currently seeing an influx of Chinese buyers, spurring local brokerages to […]
Tax Refunds May Fuel Windfall for Retailers
Accountants weren’t the only ones cheering this year’s record number of tax returns. This past Tuesday’s dreaded tax deadline actually marked a pleasant occasion for most filers. Of the 100 million or so returns processed through April 4, nearly 80% resulted in a refund averaging $2,792. The total sum paid out was about $5 billion, […]
Rochelles Bar Soft Opened Last Night with Haute Snacks and Whiskey Classics
Excerpt from Village Voice: By Hannah Palmer Egan Fri., Nov. 15 2013 In recent memory, the NYC bar scene has witnessed few belly-flops as full-on and frontal as Matt Levine’s idiotic Cocktail Bodega (an alcoholic smoothie bar), which shuttered in April after just seven months in business. Afterward, Levine filed a $20 million lawsuit against his former […]