Real Estate Wire: Mega Residential Development Could Come to Bronx Waterfront; Fifth Avenue Is World’s Most Expensive Retail Address

November 19, 2014
  • William Randolph Hearst’s penthouse apartment at 91 Central Park West is back on the market for $27.5 million after Giorgio Armani’s deal fell through. [Curbed]
  • An abandoned industrial lot on the Bronx waterfront could become the next mega residential development for $30 million. [NYDN]
  • Fifth Avenue is the world’s most expensive retail address, overtaking Hong Kong’s Causeway Bay as the frontrunner. [Bloomberg]
  • Williamsburg factory to become hedge fund CEO’s mansion. [Brownstoner]
  • Million Dollar Listing star Frederik Eklund announced that his team had more closings this year than any other in Douglas Elliman’s history. [TRD]
  • Upper East Side mansion full of art and artifacts once listed for $27 million is set to come back as a $65,000/month rental. [NYDN]

Images: Rendering of what could come to the Bronx waterfront via Greenberg Farrow (L); Fifth Avenue via Scorpions and Centaurs via photopin cc (R)

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