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Sandro Rosell
FC Barcelona President
Tuesday, July 25, 2017

Real Estate

Have you ever wanted to visit, or better yet, live in, the childhood home of a well-known historical figure? One lucky buyer has now achieved that dream, to the tune of $25.5 million. The Park Avenue apartment where former First Lady Jaqueline Onassis Kennedy spent part of her childhood was sold to an anonymous buyer for just that price as of Thursday, according to a Sotheby’s spokeswoman cited by Mansion Though still intimidating, the $25 million price tag is a drastic reduction of the 2014 asking price of $44 million.

Located at 740 Park Avenue in Manhattan, the apartment was put up for sale by former hedge fund manager David Ganek and his wife Danielle, who purchased the property in 2005 for $19.1 million. Ganek lost his $4

In a lucrative $26.5 million deal, a 10-building multi-family portfolio in the Bronx has been purchased through a partnership of Cohen Commercial Properties and Brooklyn Standard Properties, two New York-based investment firms.

First reported on July 14 by The Real Deal, the buildings were purchased by the firms from LAL Property Management, a firm based in the Bronx. Containing 104 rental units, the buildings are located in the Bronx’s Fordham/Belmont neighborhoods.

This isn’t the first time

Many elected officials and residents of Manhattan’s East Side are none too pleased with the development of a 67-story tower on East 58th Street, between First Avenue and Sutton Place.

According to a New York Times report earlier this month, the tower’s developer, Gemma Real Estate, has already begun laying the groundwork for construction by digging a hole for its foundation and demolishing three four-story walkups.

Ben Kallos, a NYC councilman for the 5th District representing the Upper East

The past several years have seen a huge relocation of architecture and engineering firms to Lower Manhattan’s Financial District. According to a Real Deal report last week, over 100 firms have made the move, based on data collected by the real estate firms Cushman and Wakefield, CoStar, and CBRE.

One of those joining the migration to Lower Manhattan is CetraRuddy, an architecture firm based in SoHo for the past 30 years. The relocation of the firm, which has overseen the development of

An East Village penthouse at 72 East 1st Street with an alluring rooftop cottage can now be yours – for the low, low price of just $3.5 million dollars.

According to a New York Post report last week, the cottage and its unusual location have prompted speculation from many, including location scout Nick Carr. In a 2009 blog post, Carr wondered “who the hell lives there?” in regard to the mysterious cottage, wondering whether the enigmatic, seemingly-out-of-place structure hadn’t been dropped