Billionaire developer buys $7M Midwood residence across the street from his home

CrainsNewYork.com (Sports) 7/24 6:34A C. J. Hughes

Megadeveloper Jeff Sutton has gone small-scale with his most recent real estate purchase. The Wharton Properties founder, who in late 2023 inked nearly $2 billion in retail site sales on Fifth Avenue, has picked up a home in Midwood, Brooklyn, for...

Alleged straw donor to Mayor Adams planning Park Slope resi project

CrainsNewYork.com (Sports) 7/22 12:33A Julianne Cuba, Nick Garber

A Brooklyn developer named last year as one of Mayor Eric Adams' alleged straw donors is planning a 99-unit building in Park Slope, records show. Tolib Mansurov, founder and CEO at United Elite Group, owns the property at 67 4th Ave., where plans...

Extell aims to boost 655 Madison project to 74 stories

CrainsNewYork.com (Sports) 7/10 5:17A Eddie Small

Extell Development's ambitions for 655 Madison Ave. appear to be getting much bigger. The Gary Barnett-led developer had filed plans for a 37-story mixed-use tower to replace the office building currently there late last year but now hopes to...

Berkeley Carroll prep school picks up Park Slope townhouse for $6M

CrainsNewYork.com (Sports) 7/10 12:33A C. J. Hughes

Top Brooklyn private school Berkeley Carroll is the latest of its ilk to make a purchase. The Park Slope-based institution has bought the bay-fronted townhouse at 545 Third St. for $6.1 million, according to a deed that appeared in the city...

Carlyle Group cashes in on outer-borough residential buying spree

CrainsNewYork.com (Sports) 7/9 12:33A C. J. Hughes

Who owns the block? Well, if that block is in Park Slope, Cobble Hill or Crown Heights, and especially across swaths of Bushwick, there’s a good chance the landlord is the Carlyle Group. To an extent not widely publicized, the global private...

City parks could get more water fountains under Council bill

CrainsNewYork.com (Sports) 6/16 12:33A Caroline Spivack

New Yorkers may have an easier time finding public drinking fountains on steamy summer days thanks to a bill passed by the City Council last week that will require the Parks Department to add 50 new drinking fountains near park entrances by 2035....

Next generation of high-end sushi restaurants comes at a lower price

CrainsNewYork.com (Sports) 5/23 12:33A Kat Odell, Bloomberg

New York City is a global capital for high-end sushi, home to some of the most sought-after omakase experiences outside of Japan. Those chef’s choice meals have also become extremely pricey—especially compared to similar experiences in Tokyo....

Real estate money pours into two Brooklyn council races

CrainsNewYork.com (Sports) 5/13 12:48A Nick Garber

Deep-pocketed donors are pouring money into two unusually competitive City Council primary races in Brooklyn, in hopes of unseating progressive incumbents in next-door districts. Real estate developers and financiers are funding outside PACs that...

Multifamily buildings aren’t the surefire investment they used to be

CrainsNewYork.com (Sports) 5/5 12:33A C. J. Hughes

As tenants and landlords clash in their annual battle over how much the city should raise regulated rents, one fact seems to be looming over the contentious proceedings this year: Multifamily buildings aren’t the surefire money-makers they used...

Carlyle buys luxury rental building for $32M in break from self-storage shopping spree

CrainsNewYork.com (Sports) 4/22 9:41A Julianne Cuba

Private-equity giant the Carlyle Group has acquired a luxury rental building in Gowanus, records show. Amid a monthslong stint snatching up at least half a dozen self-storage facilities throughout the five boroughs, the Washington, D.C.-based...