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Make Greenland Great Again? Trump wants to buy Arctic territory

Make Greenland Great Again? Trump wants to buy Arctic territory It’s not Manhattan real estate, but President Trump sees the upside in Greenland, an autonomous Danish territory surrounded by the Atlantic and Arctic oceans. Trump has brought up the idea of buying Greenland with his advisors on multiple occasions and directed his White House counsel to look into the matter, according to the Wall Street Journal. Buying the entire 811,000-square-foot island of Greenland from Denmark has been considered before, albeit…

Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case

Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case Back in the spring, lender Maverick Real Estate Partners lost a foreclosure case it filed against the owner of a Chelsea apartment building. But the legal battle isn’t over. Landlord Andreas Steiner claims in a new lawsuit that Maverick continues to charge punitive default interest at the rate of 24 percent a year — or, as of May 30, about $1.4 million —…

Developer claims Hudson Valley leaders want to keep Hasidic Jews out, Apple searching for massive New York office: Daily digest

Developer claims Hudson Valley leaders want to keep Hasidic Jews out, Apple searching for massive New York office: Daily digest Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this page at 9 a.m., 12:30 p.m., and 4 p.m. ET. Please send any tips or deals to tips@therealdeal.com This page was last updated at 12:30 p.m.   Developers of a Hudson Valley project say local…

Related is the latest developer to target the Rockaways

Related is the latest developer to target the Rockaways The Related Companies is planning a 149-unit residential building in Far Rockaway. Jamar Adams, a former professional football player who now works at Related, pre-filed an application with the Department of Buildings on Monday for the project. It will be located at 14-06 Gateway Boulevard and span 133,000 square feet, split between 125,000 square feet of residential space and nearly 8,500 square feet of commercial space. The project will stand nine…

Apple on the hunt for enormous Manhattan office space

Apple on the hunt for enormous Manhattan office space Apple has joined tech giants like Facebook and Amazon in the competition to lock up prime blocks of large Manhattan office space. The Cupertino, California-based tech company is looking around Manhattan for somewhere between 200,000 and 500,000 square feet for a new office, sources told The Real Deal. One source said the tech firm could take as much as 750,000 square feet. Apple’s checked out the usual suspects of properties on…

Nonprofit plans 200+ unit affordable housing development near Essex Crossing

Nonprofit plans 200+ unit affordable housing development near Essex Crossing The nonprofit Grand Street Guild is planning to bring a 274,000-square-foot affordable housing project to the Lower East Side. The mixed-use development at 161 Broome Street will stand 15 stories tall with 232 residential units, and it will include community and commercial space as well, according to plans filed Monday with the Department of Buildings. Handel Architects will design the building. Representatives for Grand Street Guild did not respond to…

From private tutors to meditation sessions, inside NYC’s new amenities battle

From private tutors to meditation sessions, inside NYC’s new amenities battle Seated at a long dining table in a staged $11.8 million apartment on the 65th floor of 35 Hudson Yards, Mensur Cekic looks out the windows and surveys his territory. Cekic, 39, is the “director of residences” for the Related Companies’ massive $25 billion Hudson Yards development — a vague title that masks the scope of his role. He is responsible for the needs of every resident across Related’s…

Beny Steinmetz, reported backer of Chrysler Building owner and HFZ, to be tried in Guinean bribery scandal

Beny Steinmetz, reported backer of Chrysler Building owner and HFZ, to be tried in Guinean bribery scandal Israeli billionaire Beny Steinmetz — the embattled diamond mogul who has been a silent backer of New York real estate — will be tried by Swiss prosecutors for allegedly bribing officials to win a lucrative mining contract in Guinea. Prosecutors who have been investigating the case for more than six years said Steinmetz and his mining company, Beny Steinmetz Group Resources (BSGR), used…

The city wants to tweak this real estate law to draw in more tourism, Rabsky’s latest Brooklyn play: Daily digest

The city wants to tweak this real estate law to draw in more tourism, Rabsky’s latest Brooklyn play: Daily digest Every day, The Real Deal rounds up New York’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this page at 9 a.m., 12:30 p.m., and 4 p.m. ET. Please send any tips or deals to tips@therealdeal.com This page was last updated at 12:30 p.m.     Rabsky Group, a major player in Brooklyn…

Where do NYC’s real estate bigwigs tee off?

Where do NYC’s real estate bigwigs tee off? Anyone who’s tried to do business with a serious golfer on a summer Friday — or Monday, for that matter — may be on a fool’s errand. With an abundance of storied golf clubs in the metropolitan area, the same is true of real estate’s biggest players. Built on hundreds of acres of rolling hills in Westchester, New Jersey and the Hamptons, golf in the tri-state area is unquestionably a real estate…