Real Estate Wire: NYC Real Estate Is the New Swiss Bank Account; SHoP to Design Brooklyn’s Tallest Tower

June 30, 2014

Today’s real estate highlights in one digestible bite:

    • Kim and Kanye leaving Cali? The pair were spotted penthouse shopping downtown. One of their stops included this stunner at 215 Sullivan Street. [NYP]
    • Jeff Koons got the OK to build a mega-mansion at 11 and 13 E. 67th Street. Koons’ new pad will measure 19,325 square feet and Peter Pennoyer is listed as the architect. [NYP]
    • Cantilevering condos by ODA Architecture are coming to the LES. [Buzz Buzz Home]
    • A former haunted house across the street from the Barclays Center is hoping to attract tenants when it comes back from the grave as a shiny, new retail building. [The Real Deal]
    • All five of Modern 19’s condos are officially on the market. They’ve been priced from $1.725 million to $5.995 million. [Curbed]
    • After a decade’s worth or roadblocks, a 42-story residential tower at 160 Madison Avenue has topped out. [Curbed]
    • Stash Pad: NY Mag’s fascinating feature focuses in on New York City real estate as the modern Swiss bank account for billionaires. [NYMag]
    • The condo market is heating up as new developments rise across U.S. [Bloomberg]
    • Sam Chang scoops up a Garment District property for $112M. A residential and hotel combo may be in the works. [The Real Deal]
    • Sorry 388 Bridge, a SHoP-designed tower will be taking the top spot as Brooklyn’s tallest at 775 feet. No design has been revealed yet, but the building will be a mixed-use residential and commercial destination. [YIMBY]

Cantilevering condos for the LES (left); The NY Magazine cover story (right)

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