What Trump s lawsuits say about how he d govern: Trump v. Tenants Part II of TRD’s dive into the GOP front runner’s legal history
From the April issue: Donald Trump is on the verge of claiming the Republican nomination for President of the United States.
In this month s issue, The Real Deal took a deep dive into Trump’s litigation history, focusing mostly on Manhattan real estate. We reviewed hundreds of cases filed in Manhattan courts between the early 1980s and last month that involved Trump or one of his business entities. The suits also offer a window into his temperament — beyond the campaign bluster — and into how he would conduct himself as t爱上海龙凤419桑拿 he leader of the free world.
Below is the 上海千花网论坛 second web installment of a story that looks at decades of Trump’s legal battles and how he handled each one.
Trump v. Tenants
Trump’s first major foray into the legal system traces back to the early 1970s, when his father’s company, then called Trump Management, was accused of racial discrimination at rental buildings, mostly in Brooklyn and Queens. The U.S. Department of Justice spoke to witnesses who claimed that the Trumps used racial codes on rental applications to flag (and reject) minority applicants. For example, “Colored” was marked with a “C,” one witness charged.
The Trumps did not take these accusations lying down. They sued the federal government for $100 million in damages. They settled the DOJ suit two years later in 1975, reaching an a[……]
Israeli-Russian billionaire plans 54-story NoMad tower Permit application calls for 150K sf building at 262 Fifth Avenue
260-264 Fifth Avenue and Boris Kuzinez
UPDATED, Sept. 23, 3:30 p.m.: NoMad is getting yet another skyscraper. An entity affiliated with Israeli-Russian billionaire Boris Kuzinez filed plans Friday for a 54-story mixed-use tower at 262 Fifth Avenue at West 29th Street, according to a permit application.
Kuzinez bought t上海千花社区 he site and two 上海千花社区 neighboring lots for $59 million earlier this year, as The Real Deal previously reported.
The new filing lists Yoram Barel, who works for Kuzinez s company, as the owner’s representative.
Plans call for a 150,018-square-foot building, including 41 apartments and 10,850 square feet of retail space上海千花网龙凤论坛 in the basement, first and second floors.
A duplex will occupy the full fifth and sixth floor, while the seventh through 21st floors and 23rd through 36th floors will each feature a full-floor apartment. More duplex apartments are planned for the 38th through 45th floors. The building will also include a pool, gym and outdoor area on the fourth f上海龙凤论坛sh1f loor, the filing shows.
Once a mid-rise n爱上海同城 eighborhood, NoMad has seen a flurry of skyscraper construction in recent years.
Tags: nomad, skyscrapers
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The December issue is live! Inside: Trump’s conflicts of interest, the lobby war surrounding 421a & more
What will come of a developer in the White House?
Donald Trump s policies, plans and agendas are still largely a mystery. Speculation on how a real estate mogul as commander-in-chief will impact New York City is mounting.
In The Real Deal s December issue, we examine the perfect storm of possible conflicts surrounding the president-elect, by taking a sweeping look at Trump’s worldwide business ties and involvements. In “The Trump Whisperer,” we take a closer look at Jared Kushner上海千花社区 , the 35-year-old real estate scion who is both Trump’s son-in-law and reportedly his most trusted advisor.
Meanwhile, we look at the messy lobby war that has surrounds the return of the city’s 421a tax abatement program. Amid swirling rumors that Corcoran Group chief Pam Liebman is being primed for a bigger job at NRT, she tells us she’s staying put, at least for now. And, as the Manhattan’s retail leasing market上海贵族宝贝 continues to slow, we rank the top 15 retail firms of the last year.
Elsewhere in the issue, there are stories on Flushing’s ho上海龙凤论坛sh1f using boom, how Dermot Company is red阿爱上海同城 efining itself as an investor and developer of rental properties, and on starchitect Bjarke Ingels’ most ambitious project yet: the Eleventh, a $1.9 billion project for developer HFZ Capital Group.
Finally, in our Closing Interview, Manhattan’s district attorney Cyrus Vance Jr. talks about Harco[……]
Nespresso takes 6K sf at Harbor’s
24 W上海同城对对碰交友社区 爱上海同城 est 40th Harb上海千花社区 or bought the property in 2014
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Developer puts 74 rent-stabilized Manhattan House pads on the block O’Connor Capital Partners paid $623M for the building in 2005
O Connor Capital Partners Bill O Connor and Manhattan House at 200 East 66th Street
Two years after completing an arduous condo conversion of Manhattan House — the landmarked Upper East Side building that Grace Kelly, Jackie Robinson and jazz legend Benny Goodman once called home — the developers are shopping 74 unsold un上海千花网交友 its for $1.125 million each.
O Connor Capital Partners, which bought the 493-unit building in 2005, is looking to unload a mix of studios to three-bedroom units that are all occupied by rent-stabilized tenants.
At $83.3 million, the asking price works out to roughly half of the block s vacant market value, an estimated $166.6 million, according to listing broker Mark Zborovsky. He said it s the best block to hit the market in the last decade, thanks to the large number of units and the building s pedigree.
R上海贵族宝贝 epresentatives for O Connor did not immediately comment on the offering.
The firm, founded by the late Jeremiah O Connor, paid $623 million for the property at the height of the market. It began the condo conversion in 2007 and completed it in 2015, despite pushback from litigious tenants and a messy split with O Connor s former partner on the project, N. Richard Kaliko爱上海 w. Located at 200 East 66th Street between Second and Third avenues, Manhattan House was originally built in 1952 by New York Life Insurance Co. The[……]
Cuomo orders probe into de Blasio s controversial $1B East Harlem real estate plan State must determine whether playground site that would house resi tower is parkland
From left: Mayor Bill 上海同城对对碰交友社区 de Blasio, Gov. Andrew Cuomo and the Marx Brothers Playground (Credit: Getty Images and NYC Parks)
Gov. Andrew Cuomo on Monday ordered a state investigation into Mayor Bill de Blasio s controversial plan to move an East Harlem playground, which would make way for a $1 billion mixed-新爱上海同城对对碰论坛 income residential tower at 96th Street and Second Avenue.
Before the city can proceed with plans for a high-rise tower on the site, the state must determine whether or not Marx Brothers Playground is officially parkland, the New York Post reported. The city planned to relocate the playground in order to make way for a 1,100-unit, mixed-income residential tower.
But Cuomo ordered an investigation of the land s historical records and uses to determine whether or not the site is simply a playground or counts as parkland. He said the latter “should 爱上海同城手机版 not provide zoning bonuses to private industry,” but playgrounds “are a different classification and may be eligible for zoning incentives, and no state approval of alienation is necessary.”
The governor believes that the land will ultimately be classified as parkland, which could complicate the project.
The $1 billion project is a partnership between developer Avalon Bay and the NYC Educational Construction Fund. The project calls for a 720-f[……]
The top 10 biggest real estate projects coming to NYC Jeffrey Gershon’s residential building in Dumbo topped the list
The largest real estate project filed with the city last month was a plan to revamp yet another one of the former Jehovah’s Witnesses properties in Brooklyn.
Developer Jeffrey Gershon plans to build a 10-story residential building at 98 Front Street, one of the many Jehovah’s Witnesses buildings in Brooklyn that the religious group has sold as they move upstate to Warwick. New York City’s top 10 projects fo爱上海同城手机版 r November also included a pair of buildings from Slate Property Group, a new hotel in Manhattan and a new school in the northern Bronx. Overall, the list contained three Brooklyn projects, two Queens projects, two Manhattan projects and three Bronx projects.
The full list of November’s top 10 biggest real estate projects is below:
98 Front Street
1) 98 Front Street, Brooklyn
Developer Jeffrey Gershon is planning to bring a 10-story residential building to Dumbo that would contain 165 units and span 145,322 square feet. ODA Architecture is designing the project, which has an alternate address of 74 Adams Street. Gershon’s company Hope Street Capital closed on its purchase of the site—one of several Jehovah’s Witnesses properties in Brooklyn that the religious group has been selling off—in November for $60 million.
69-65 Yellowstone Boulevard
2) 69-65 Yellowstone Boulevard, Queens
Slate Property Group intends to build an 11-story mixed-use building on the si[……]
Renderings of 416-420-Kent Avenue in Brooklyn and 50 Bowery in Manhattan (Credit: ODA and Joie de Vivre Hotels)
After assembling intricate real estate data for The Real Deal s reporters, our research team, TRData, has pivoted to position itself as a trusted source of detailed property information for anyone who d like to gain deeper insight into the New York City real estate market.
Over the last six months, we ve released a range of data packages that focu新上海贵族宝贝论坛 s on new development, contractors, title insurer上海夜网 s and lenders, to name a few. In addition to the packages and samples you ll find below, TRData has put together numerous custom reports for firms across all sectors of the industry. We ve also launched a subscription service that will send a list of newly filed or permitted projects to your inbox on a weekly basis.
Our full list of previous reports have been compiled below but this is only the jumping off point. If you or your firm is in need of any type of real estate data i上海夜网 n New York City, TRData can help.
Contact Derek 新上海贵族宝贝论坛 Smith at [email protected] or (646) 503-3561 to discuss custom report capabilities and pricing
A list of projects from our pipeline that have not made any developmental progress in four years or more
Mortgage transactions where money was loaned for construction
A list of projects from our pipeline that have not made any developmental progress in two years
A mini revolution: The strategy behind YotelPad s first East Coast hotel-condo project The London-based hotel brand specializing in compact rooms is planning a $150M tower downtown by Aria Development Group and AQARAT
David Arditi and Hubert Viriot and a rending of YotelPad
For its first micro-unit hotel-condominium on the East Coast, the Yotel chain chose a market that is awash in new development: Miami.
But the chic London-based hotel brand, which focuses on international hub cities and up-and-coming urban neighborhoods, sees an opening for its planned location in downtown Miami, which is gentrifying and redeveloping, said Yotel CEO Hubert Viriot.
“Miami has always been appealing to us. It’s a hub for the U.S., Central and South America, with a strong international appeal, great connections to Europe and Latin America — a vibrant and exciting city,” Viriot told The Real Deal. “It’s sexy. It fits every single typology and criteria we were looking for as a destination. It’s only natural for us to come here.”
YotelPad Miami will rise at 227 Northeast Second Street in downtown Miami, a 31-story tower that should open in late 2020. It will cost $150 million to develop. The new concept is in line with the company’s brand, which offers compact units at moderate prices, according to the 爱上海同城对对碰 partners in the project.
Aria Development, led by principal David Arditi, and AQARAT, a Kuwaiti publicly traded company, have joined together to build the YotelPad property. It will be managed b[……]
Prying inside Alex Sapir’s real estate empire The fiercely private head of Sapir Corp. is expanding the development firm’s foothold in Miami, after having long focused on New York
Alex Sapir and his properties (Credit: Getty Images, iStock)
UPDATED, Sept. 13, 6:15 p.m.: Last June, Alex Sapir’s ASRR Capital announced plans to build a 1.7 million-square-foot mixed-use development in Miami’s Arts Entertainment District, in what would be the real estate mogul’s biggest South Florida investment to date.
The Miami 18 project would add to th新爱上海同城对对碰论坛 e portfolio Sapir’s firm was building in the city, to go with other developments like a smaller luxury boutique condo building planned for Surfside. Miami 18 called for two towers, one 60 stories the other 40 stories, with up to 1,200 rental units, 20,000 square feet of retail space and 350,000 square feet of office space.
Now called Sapir Corp. — the publicly-traded firm s name since April — has mostly focused its development efforts in New York, but has begun a bigger push into Miami. Appearing to confirm his commitment to the city, Alex Sapir in the spring purchased a $17 million waterfront home in Miami Beach’s Venetian Islands. The company’s investment in the Magic City is among Sapir’s recent strategy shifts after tightening his grip and boosting his ownership in the Israel-based organizaton.
In an email response to questions for this story, Sapir said he expects to invest more in South Florida over the next few years, citing the re[……]