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Sandro Rosell
FC Barcelona President
Wednesday, May 24, 2017

Real Estate

On Wednesday, May 10, the owner of a Brooklyn construction company was indicted on manslaughter charges for the death of an 18-year-old worker.

The Brooklyn District Attorney’s Office announced on Wednesday that 47-year-old Michael Weiss of Williamsburg, and his company RSBY NY Builders, are facing charges of second-degree manslaughter, criminally negligent homicide in addition to several other charges. At a construction site in Bedford-Stuyvesant, Weiss is accused of disregarding several obvious safety issues, which allegedly resulted in the September 2015 death of Fernando Vanegaz.

The Real Deal reports, “According to authorities, Weiss hired seven workers with little or no training to demolish a one-story fruit store at 656 Myrtle

In New York City, there is a higher rate of repeat foreclosures occurring than in any other major housing market in the country. 

According to a new report from real estate research firm ATTOM Data solutions, foreclosures are at their lowest levels across the United States since 2005. However, the report showed that out of the five major housing markets examined, New York City had the highest rate of repeat foreclosures. 

The rate for repeat foreclosures in the city for 2016 was 54 percent

When Jared Kushner, son-in-law of President Trump, was the CEO of Kushner Companies before his resignation this past January, he developed a townhouse in Brooklyn that has recently sold for $12.9 million. The swanky property is located at 27 Monroe Place in Brooklyn Heights. 

According to city property records, the townhouse is the second highest priced residential property to be sold in the borough this year.  

Matt Damon’s wife, Luciana Barroso, was interested in the Brooklyn Heights home

The small Middle Eastern country of Qatar has become the ninth-largest owner of commercial property in New York City. The standing of Qatar Investment Authority, a sovereign wealth fund, was revealed in the recent ranking of New York's largest commercial owners by CoStar.

The entire country of Qatar is a mere 8.2 percent of the size of New York state, but has the world’s highest per capita income, mainly due to it being the top exporter of liquid natural gas. According to Crain’s News, “The

For the first time since 1994, the beautiful brownstone located in Park Slope at 640 Second Street is on the market. 

The asking price for this historic home constructed at the beginning of the 20th century is $4.295 million. In addition to maintaining many of the building’s original details, another plus is that former president Barack Obama was once a tenant at this glorious residence in his “pre-Michelle” days. 

After graduating from Columbia University, Obama lived in the top floor