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The Real Deal - New York Real Estate News

The Real Deal - New Your Real Estate News
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Hirschfeld puts East Hampton home on market for $25M

Nov 25, 2009
Elie Hirschfeld's East Hampton home Real estate bigwig Elie Hirschfeld, president of New York metro area developer Hirschfeld Properties, has placed his oceanfront East Hampton home on the market for $25 million, according to a news release. The...

Cassa NY jacks up prices, FTC goes after mortgage rescue plan scammers ... and more

Nov 25, 2009
1. Cassa NY hotel and condo jacks up prices at nine of the 29 remaining unsold units 2. City considers shuttering three underperforming Queens schools  3. AY opponent says, despite court ruling, he won’t back down on eminent domain...

Decreased prices, volume contribute to Hamptons rebound, Liebman says

Nov 25, 2009
The Hamptons residential market is on its way up, due in part to lower prices and reduced inventory, Pamela Liebman, CEO of the Corcoran Group, said on the company's “Scoop” series. Consumer sentiment in the region has improved, said Liebman,...

Rise in October new home sales brings more good news for builders

Nov 25, 2009
In another sign that the home building industry is beginning to rebound, sales of new single-family homes were up 5.1 percent year-over-year in October 2009, according to a U.S. Census Bureau and the Department of Housing and Urban Development report...

George Comfort reaches deal with lenders at 119 West 40th Street

Nov 25, 2009
L.H. Charney Associates and George Comfort & Sons have reached an agreement with lenders on a deal that would save their struggling office tower at 119 West 40th Street from going into receivership. High level sources familiar with the negotiations...


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