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Testimonials

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Sandro Rosell
FC Barcelona President
Sunday, September 24, 2017

Real Estate

Since 2014 David Shaulian and Yonel Devico have been trying to sell their glorious eight-bedroom home at 114 Lockwood Avenue in Bridgehampton. The 11,000-square foot home sits on about half an acre of land, and despite it having eight full bathrooms, a finished basement, a chef’s kitchen, a pool and spectacular cedar-shingles, the home has not sparked he interest of any serious buyers. 

As the summer nears its end, the couple decided to take $100,000 off the property’s list price this month. The home is now listed through Douglas Elliman’s Dianne McMillan Brannen and Lori Barbaria with an asking price of $5.89 million.

Home builder Devico, who financed the investment property with business partner Shaulian, told The Post, “We just

These days, with the softening real estate industry in Manhattan, stable long-term retail tenants are a scarcity. To compensate, the real estate industry is adapting to short-term tenancies, named licensing deals. Licensing deals allow tenants to use a space rather than own it for a specified time period. The method is being used to rent to pop-up shops in the city. A pop-up tenancy can last from a day up to a year. Both landlord and tenant can benefit because it avoids lengthy legal processes

The luxury hotel UN New York will become part of the Hilton empire on August 30 and take on a new name the Millennium Hilton New York One Plaza. 

What this means exactly can be a bit confusing so The Post with the help from Hilton, try to lay out the implications of hotel ownership and branding in a recent article.

According to that article, “The recently modernized and renovated hotel at First Avenue and East 44th Street is owned, not by publicly traded Hilton, but by a different publicly

In the modern office leasing market, it has become more and more important to tenants to have “cool” amenities, especially those is the creative fields. Both new and old projects alike are offering features like on-site cafes, games rooms, health clubs and outdoor terraces to appeal to millennials and creative types of every age. 

Dock 72, which is rising out of the Brooklyn Navy Yard, takes the gold with the unique feature of a ferry dock right outside its door. A joint venture of Rudin

In June, the Wall Street Journal reported that two of priciest apartments at 520 Park Avenue were under contract. The asking prices for the lofts were approximately $73 million and $83 million. Who the buyers were remained a mystery. As reported by The Real Deal, billionaire Frank Fertitta III is the buyer of the $70 million penthouse. The buyer of the $83 million apartment, a six-bedroom duplex, is yet to be revealed. 

Fertitta is the former owner of the Ultimate Fighting Championship, the