urban compass

Real Estate Wire

Diesel jeans
  • How many jeans will Diesel need to sell to make rent at 101 Bedford? Greenpoint’s Andy Smith does a quick and dirty calculation. [Tremr]
  • New York has only the 6th highest rents in the country. Apparently we lag behind behind San Francisco, San Jose, San Diego, Washington DC and Boston. Surprised? [Brokelyn]
  • The 10 biggest real estate projects filed in July. [TRD]
  • Urban Compass is serious about building an empire, and they aren’t wasting any time. The upstart just snagged the Hustis/Jovanovic team over at Corcoran Group. [Crain’s]
  • Home sales in NYC’s suburbs are on the decline. Buyers have become put off the steadily increasing prices. [TRD]

Diesel jeans (left); Bedford 101 (right)

Real Estate Wire

215 Chrystie, herzog & demeuron, condo hotel
  • Take a peek inside Herzog & De Meuron‘s condo hotel planned for the Lower East Side. The interiors have been designed by Beyer Blinder Belle. [Curbed]
  • A Chinatown penthouse with a pretty sweet rooftop watchtower hits the market. [Curbed]
  • The windows at One York in Tribeca keep fogging up and a lawsuit has been issued demanding their replacement. The fix will cost a whopping $10M. [NYDN]
  • A townhouse in Harlem’s historic district just sold for $2.9M, setting a new sales record for the Stivers Row block. [TRD]
  • With about 4,000 units in more than 20 residential buildings coming to Brooklyn over the next two years, if the law of supply and demand holds, experts expect the borough’s rents to level out, or maybe even drop. [NYDN]
  • Urban Compass is being sued by an entrepreneur who claims the company and its CEO, Robert Reffkin, stole his ideas and then dumped him. Urban Compass recently secured $40M from investors, putting its value at $360M. [TRD]

Inside H&DM’s condo hotel (left); The rootop watchtower above 18 Orchard (right)

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