East Hampton featured in murder love triangle documentary for sale at $12.7M

This home ha上海千花网论坛 上海千花网s it all: sex, murder, and at 7,000 square fe爱上海同城手机版 新爱上海同城对对碰论坛et, certainly the space to party. The property a爱上海同城 爱上海t hand, 59 Middle Lane, is also the title of a 2012 documentary about two adopted twins whose millionaire father, Ted Ammon, was found murdered in the 上海贵族宝贝交流区 上海贵族宝贝论坛upstairs bedroom of the home. The suspect爱上海同城 爱上海s were their mother and the man with whom she was having an affair, Daniel Pelosi, who was convicted on murder charges in 2004. Aside from its dark history, the home features six bedrooms and 6.5 bathrooms, a solarium, library, gourmet kitchen, library, gym, heated pool and pool house. Judi Desiderio of Town Country has the listing. [Curbed]

Tags: Hamptons
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300 West 122nd Street

Futterman loses control of Harlem site Bankruptcy court confirms RWN’s plan for September auction

From left: Bob Knakal, a rendering of 300 West 122nd Street and Ari Shalam

Hans Futterman has lost control of his troubled Harlem development site, after a failed last-ditch attempt to pay back creditors on the 127爱上海同城 爱上海-unit residential project.

Futterman s lender, Ari 阿拉爱上海同城 爱上海龙凤419桑拿Shalam’s RWN Real Estate Partners, is taking control of the site at 300 West 122nd Street, which will once again hit the auction block. The U.S. Bankruptcy Court for the Southern District of New York confirmed the new plan Thursday, records show.

After assembling the land at Frederick Douglass Boulevard and West 122nd Street in 2015, Futterman secured approvals to build a 12-story property known as the Ladera on the site, which offers 205,000 buildable square f上海千花网龙凤论坛 上海千花社区eet. In June 2016, Futterman defaulted on a $36 million loan from RWN. Five months later, his development firm RGS Holdings filed for Chapter 11 bankruptcy protection.

The parties agreed to postpone a June bankruptcy auction in favor of Futterman’s voluntary plan to secure funding by an August deadline. He had until Wednesday to lock in the funds to pay his debts and potentially rescue the site.

A source said “funding was available, but not all of the parties were happy with language in the loan documents.”

As a result of the missed deadline, the court moved ahead with RWN’s plan, which is to auction off the site. Futterman may still be able to get the site back through the auction, and sources said he plans to submit a bid.

Futterman declined to comment, and Shalam could not be reached.

Initial bids are due Sept. 7, and the auction is scheduled for Sept. 14. Sources est阿拉爱上海同城 爱上海龙凤419桑拿imated the site could fetch as much as $70 million.

Bidders who submit will have to put a deposit into escrow – either $2.5 million or 5 percent of the bid, whichever is greater, court records show.

“For someone, this site will make for a fantastic building,” said Cushman Wakefield’s Bob Knakal, who is handling the bankruptcy auction with colleague Adam Spies. “It’s just a q爱上海同城 爱上海uestion of figuring out who will develop it.

Futterman developed an 89-unit condominium at 2280 Frederick Douglass Boulevard among other Harlem projects.

Tags: Development, Real Estate Finance, Residential Real Estate
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Cybercrime

In this year of horrendous cyberheists Equifax the most prominent you ve probably taken at least a few precautions: changed passwords, stopped opening files and links from unknown senders, upgraded your computer security measures, maybe put a freeze on 上海贵族宝贝论坛 上海贵族宝贝your credit reports.

But if you re buying a house and heading to settlement, you could still be far more vulnerable than you think to the fastest growing form of real estate cybercrime in the U.S.: thefts of home-purchase money wired to complete closing transactions. The scam generally works like this: Hackers find an opening into a title company s or realty agent s email account, track upcoming home purchases scheduled for settlements the pricier the better then assume the identity of the title agency person handling the transaction.

Days or sometimes weeks before the settlement, the scammer poses as the title or es爱上海同城论坛 爱上海同城crow agent whose email accounts they ve hijacked and instructs the home buyer to wire the funds needed to close often hundreds of thousands of dollars, but sometimes far more to the criminals own bank accounts, not the title or escrow company s legitimate accounts. The criminals then withdraw the money and vanish.

According to new data provided for this column by the FBI, in fiscal year 2017, nearly $1 billion ($969 million) was diverted or attempted to be diverted from real estate purchase transactions, and wired to criminally controlled accounts. That figure爱上海同城对对碰 爱上海同城论坛 is up explosively from fiscal 2016, when the FBI counted $19 million in wire transfer frauds affecting home buyers. The bureau describes the current growth rate of this type o新爱上海同城对对碰论坛 上海同城对对碰交友社区f theft as steep, though the sharp statistical rise may be partially attributable to increased reporting of such hacks by consumers, banks and real estate industry participants It s als上海贵族宝贝交流区 上海贵族宝贝论坛o shocking and devastating to the home buyers involved. Consider two recent cases involving substantial losses:

Last May, a Washington D.C. couple lost $1.57 million when their wire transfer of settlement funds was hijacked after cyberthieves reportedly penetrated a title and escrow company s email system and steered the money to their own account.

In January, a Denver couple signed a contract to buy a $504,000 new home. They had sold their previous house and planned to use the $272,536 in proceeds as a down payment. Somewhere along the path to the scheduled closing in April, criminal hackers gained access to the email system of the title company, realty agent or mortgage company no one seems to know which. The couple received genuine-looking email instructions on wiring the down payment cash in preparation for the settlement. But the instructions were bogus and the money disappeared. Nothing has been recovered.

Though cyberthefts involving home settlements have been occurring for several years, the number of attacks and the dollar amounts stolen during the past year are stunning realty industry experts, who expected that greater publ[……]

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Eastern Consolidated

PHOTOS: Inside Eastern Consolidated s holiday party Party took place at上海夜网论坛 上海夜网 the Seagram Building in Midtown

Midtown’s Seagram Building was filled with real e阿拉爱上海同城 爱上海龙凤419桑拿state pros on Wednesday evening for the Eastern Consolidated holiday party, where guests were treated to spectacular views of Manhattan and a food spread including foie gras, crab cakes, and a gingerbread house in the shape of the Seagram Building itself.

See more highlights from the 2017 holiday parties

The investment sales brokerage had a packed house at its celebration, which was hosted by company CEO Peter Hauspurg and president Daun Paris. Attendees included上海贵族宝贝 上海千花网龙凤论坛 HFZ Capital Gr爱上海同城手机版 新爱上海同城对对碰论坛oup founder Ziel Feldman, Dalan Management heads Andrew and Daniel Wrublin, Wonder Works Construction founder Joseph Klaynberg and SL Green chair Stephen Green.

Photos by Jhila Farzaneh for The Real Deal

Tags: Eastern Consolidated, holiday parties, seagram building
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Ryan Serhant

Ryan Serhant buys Brooklyn brownstone he was marketing for Jonathan Safran Foer Nest Seekers broker paid $7.6M for townhouse he listed with ask of $8.9M

Jonathan Safran Foer and Ryan Serhant with 374 Pacific Street

Author Jonathan Safran Foer sold his Brooklyn townhouse for $7.6 million to someone incredibly close to the property.

The buyer of the 8,000-square-foot brownstone at 374 Pacific Street is none other than “Million Dollar Listing: New York” star Ryan Serhant, who was marketing the property for sale, according to property records filed with the city Friday.

Serhant declined to comment上海千花网龙凤论坛 上海千花社区, but a source familiar with the deal said he plans to move to the home from his Soho condo at 22 Renwick Street, which he bou上海千花网论坛 上海千花网ght in 2014 for $3.7 million.

Safran Foer, author of “Everything 上海龙凤论坛sh1f 上海龙凤论坛is Illuminated” and “Extremely Loud and Incredibl上海夜网 阿爱上海同城y Close,” bought the Boerum Hill home for $5.4 million in 2014, property records show.

He had originally tried to sell it for $10.5 million with Compass, but earlier this y爱上海同城论坛 爱上海同城ear, Nest Seekers Internationals’ Serhant listed it with an asking price of $8.995 million.

The eight-bedroom, six-story house has a wood-burning fireplace, a three-story atrium and a two-bedroom guest apartment.

Serhant in 2016 opened a Brooklyn office as he and his team took on more listings in the borough.

Christian Bautista contributed reporting.

Tags: brownstone brooklyn, Nest Seekers International, Residential Real Estate, ryan serhant
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Rivertowns Square

Westchester Fairfield Cheat Sheet: Rivertowns Square in Dobbs Ferry sells to Regency Centers for $69M more

Clockwise from top left: Office conversions had a strong Q1, the Rivertowns Square sold for $69M, Newtown hopes to bring more development and locals are trying to stop an approved senior center in Harrison.

Rivertowns Square in Dobbs Ferry sells to Regency Centers for $69M
Regency Centers bought the 450,000-square-foot mixed-use center from Saber Dobbs Ferry LLC for $69 million. It s the first Westchester buy for the Florida company, which also owns 10 shopping centers in Fairfield County, the Westchester Business Journal reported. Regency officials 上海千花网 爱上海同城对对碰said that they will be “adding further enhancements” to the already superior shopping center. Saber Dobbs Ferry, a joint company of Saber Real Estate Advisors and Dobbs Ferry Capital Partners LLC, bought the property in 2010 and broke ground in 2015. [WBJ]

Greenwich landlord sues Ralph Lauren over unpaid rent
This is not a 上海千花社区 上海千花网交友good look for the season. After shuttering its storefront at 265 Greenwich Avenue in May 2017, Ralph Lauren continued to pay rent to the property s landlord, Thurles LLC, per the lease agreement, which ends in five years. But the LLC alleges in recently filed complaints that the retailer stopped paying its monthly rent of $133,000 in February 2018, racking up nearly $400,000 in unpaid rent since then, Greenwich Time reported. The space is currently availab爱上海同城对对碰 爱上海同城论坛le for sublease with RFK. [Greenwich Time]

Westchester office conversion projects boost rents in Q1
The adaptive repurposing of offices has been trending in 2018, according to a report from CBRE. The conversions have paid off, as availability has dropped by 1 million square feet, compared to from the end of 2016 while rents have hopped by $2.02 square feet in the same period. The trend has brought down the amount of unused space while giving residents things they need and want, the report states. One of the larg上海夜网 阿爱上海同城est repurposing projects in the county is of the former AT T offices in White Plains, which will be converted into 243 residential units. [CBRE]

Banks vie to liquidate White Plains developer s business as his legal woes mount
Banks have joined in the slew of lawsuits against embattled developer Michael D Alessio, asking the court to liquidate his business. Westchester Bank, Greater Hudson Bank and BNB Bank say he owes them $6.3 million. It s the latest turn in an ongoing legal saga for the White Plains developer who s accused of taking investor funds for personal use while lying about progress of his developments. [WBJ]

Harrison residents raise $90K in legal fight to stop senior housing development
Angry Harrison residents want to halt a senior housing development that was unanimously approved by the town board in 2016. To that end, they ve raised $90,000 because they believe the 7.3-acre development is too big, out of character for the neighborhood and likely to cause traffic woes. T爱上海 爱上海同城手机版he development[……]

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The Real Deal Paywall

Subscribers: Get an in爱上海同城论坛 爱上海同城side look上海千花网 爱上海同城对对碰 at TRD s reporting on Compass Join our editorial team for a conference call on Sept. 12

Go behind the scenes on The Real Deal s deep dive into Compass growth strategies — and potential pitfalls along the way — in a call with our editorial team next Wednesday, Sept. 12.

TRD’s senior content director, Jill Noonan, will talk to senior reporter E.B. Solomont about her discussions with 上海千花网 爱上海同城对对碰Compass execs, what the industry has to say about the brokerage s appetite for acquisitions and how reachable the firm s $1 billion revenue target for the year really is.

What are your burning questions about the residential brokerage industry’s first unicorn? Email questions to us at [email protected] or tweet at us.

This call is for subscribers only. An email with the call in number and access code will be sent to subscribers on Sept. 11, the day before the call. Not a subscriber? Don’t miss ou上海同城对对碰交友社区 上海夜网论坛t, sign up here.

Tags: co上海夜网论坛 上海夜网mpass
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National Association of Realtors

NAR survey shows Realtors make above-average donations of time, money to charity The survey-based study by the National Association of Realtors found that 82% of its members donate money to charity爱上海龙凤419桑拿 上海龙凤论坛sh1f, compared to 56.6% of all Americans

(Credit: iStock)

Driven by more than just listings and commissions, Realtors donate above-average amo上海夜网论坛 上海夜网unts of time and money to charity, according to a report by the National Association of Realtors (NAR).

The NAR reported that 82 percent of Realtors give money to charity, compared to爱上海同城手机版 新爱上海同城对对碰论坛 56.6 percent of all Americans.

The national association’s Community Aid and Real Estate Report is based on survey responses from more than 4,000 NAR members who are general members at-large, broker-owners and MLS (multiple-listing service) association executives.

According to the report, 81 percent of broker-owners and 90 percent of MLS executives have donated time or money to a community organization.

Seventy-seven percent of broker-owners and 85 percent MLS executives said they volunteered an average of 10 hours each爱上海同城论坛 爱上海同城 month, and 66 percent of NAR members at-large said they volunteered a monthly average of eight hours. The average for all American is 6.1 hours.

The median annual charitable donations were $1,950 among broker-owners and $1,250 among MLS executives.

The NAR also reported that 89 percent of MLS executives and staff said they have held a community fund=raiser in the last year, and 54 percent said they have held three or more.

The survey results also found that 80 percent of broker-owners encourage their agents to volunteer, and 64 percent of at-large NAR members said their brokerage firms encourage them to volunteer. [Inman.com] – Mike Seemuth

Tags: Charity, national association of realtors, Residential Real Estate These are the busiest construction firms in MiamiPut a ring on it: Iconic Las Vegas chapel hits the market for $12MJudge rules Beckham group can knock down Fort Lauderdale stadiumFormer Georgia gubernatorial candidate buys wate爱上海同城论坛 爱上海同城rfront Palm Beach cond…
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Megaprojects

These megaprojects are reshaping skylines and communities across the US No, we’re not talking about NY and LA. Developers are building big everywhere

Clockwise from top left: The Wharf Phase 2 in Washington D.C., Rainer Square in Seattle, Hudson s Site  in Detroit, North Wynkoop in Denver, the Independent in Austin, and Winthrop Center in Boston.

What’s driving big — really big — development across the U.S.?

While there remains no single reason, massive projects are transforming skylines and communities in dozens of cities.

The Real Deal takes a look six of the biggest projects rising around the country, in places not named New York, Los Angeles, Chicago or Miami.

In Austin, Texas, which has been home to one of the hottest housing markets, Constructive Ventures, Aspen Heights Partners and CIM Group have teamed up on a 58-story, 370-unit condo tower. The trio is hoping the $300 million Jenga-like high-rise can seize on demand in a city where home sale prices hit all-time highs last year. And where Apple recently announced plans for a $1 billion corporate campus.

And while Seattle’s tech growth spurt has leveled off, it appears Amazon hasn’t gotten the memo. The area has added 55,000 new jobs in the last year alone, according to CNBC, thanks in part to hiring at the Everything Store.

Amazon will have a major role in one of the biggest development projects rising in the city, whose housing market had an impressive run of its own. The company has agreed to occupy all 722,000 square feet of office space in the under constrtuction Rainier Square, a new mixed-use tower being built by Wright Runstad Company.

Revitalization efforts in growing cities like Denver and Washington, D.C., are also prompting greater investment, and attracting an influx of young professionals. In Detroit, Bedrock company’s 1.4 million-square-foot Hudson’s Site mixed-use tower now rising will take advantage of a robust tax incentive program from the city.

A rendering of the second phase of the Wharf redevelopment in Washington, D.C.

The Wharf, Phase 2 | Washington, D.C.

The second phase of Madison Marquette and PN Hoffman’s redevelopment at the southwest wharf will add 1.15 million square feet of mixed-use space to the mile-long waterfront along Washington Channel.

It will add three office buildings, two residential buildings and a hotel, along with retail and restaurant space. Law firm Williams Connolly ha上海千花网交友 上海千花网论坛s already signed a lease to shift from its downtown headquarters to occupy 300,000 square feet in two of the two office buildings.

The project’s developers are seeking up to $760 million in financing for Phase 2 and will look to break ground this spring, according to Bisnow. Phase 2 is estimated to cost $1.2 billion.

The $2.5 billion first phase added 2.5 million square feet of office, apartment and condominium buildings, along with three hotels, retail space, music venues, a water taxi service and 10 acres of green space, according to Curbed. Together they create 3.5 million square[……]

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Piscataway logistics park sale is latest North Jersey industrial trade

Frankfurt-based DWS Group, an asset management spinoff from German financial services giant Deutsche Bank, agreed last week to acquire a fully-leased distribution space in Piscataway for an undisclosed sum, according to Commercial Property E爱上海同城对对碰 爱上海同城论坛xecutive. The 2.1 million-square-foot Rockefeller Logistics Center includes a 725,000-square-foot building at 300 Ridge Road that is preleased to electronics retailer Best Buy and a 311,000-square-foot industrial center at 100 Ridge Road leased to Fujitsu General America and office supply company Humanscale. The two newly completed industrial properties were sold by the Rockefeller Group and joint venture partner Pacific Coast Capital Partners. Cushman Wakefield’s Gary Gabriel represented the joint venture alongside Andrew Merin, David Be爱上海 爱上海同城手机版rnhaut, Brian Whitmer, Kyle Schmidt and Ryan Larkin. In a separate analysis, Cushman Wakefield noted that industrial rents in North Jersey have increased to an average of $8.78 per-square-foot, a 6.9 percent increase year-over-year. NJBiz reported last week on Camber Real Estate and Advance Realty Investors buying a three-building industrial portfolio in Mahwah, a deal that re爱上海同城手机版 新爱上海同城对对碰论坛portedly included $31.2 million in acquisition financing from People’s United Bank. GlobeSt reported on the $19.75 million sale of the former Regina Vacuum Building in Rahw阿爱上海同城 阿拉爱上海同城ah, as well as the $1阿爱上海同城 阿拉爱上海同城6.5 million sale of an industrial building in Jersey City to Simi Capital and the Criterion Group. CPE also recently noted the $8.5 million sale of an industrial building in Hamilton to the Black Creek Group, while Penwood Real Estate Investment Management paid $7.77 million for an industrial warehouse in Carlstadt. The Real Deal reported in February on New Jersey s robust industrial market. [CPE]

Tags: New Jersey
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