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Sandro Rosell
FC Barcelona President
Wednesday, October 18, 2017

Real Estate

Jeff Sutton is now making his presence felt on the Jersey Shore. (PHOTO COURTESY OF THE NEW YORK OBSERVER)Having firmly established himself in Manhattan, Jeff Sutton is now making his presence felt on the New Jersey real estate scene.

The owner of Wharton Properties, a commercial real estate company with prized holdings in New York City, made headlines recently when he purchased a property on the Jersey Shore for $22.6 million. Sporting 5.3 acres and an impressive 350 feet of beachfront, his new estate – located at 91 Ocean Avenue in Deal – represents one of the most expensive acquisitions made in Monmouth County real estate history.

Bruce Germinsky of BG Realty Services in Long Branch brokered the sale on behalf of the Estate of Ruth C. Sampson, whose family constructed Mr. Sutton’s new home in the early 90s. In a telephone interview with the

The Former New York Life Insurance Building at 346 Broadway, one of the properties that Manhattan Borough President Scott Stringer has vowed to prevent the city from selling.Citing a lack of consideration for much needed public benefits, Manhattan Borough President Scott Stringer vowed on Friday (Jan. 13) to block a vote that would allow the Bloomberg Administration to sell three City-owned buildings to private sector developers. Pursuant to the City Charter, section 384(B)(4), the approval of the Borough Board is required in order for the sale of these buildings to go through the City’s Economic Development Corporation. The Borough Board is a body chaired by

Jerusalem’s French Hill, known to locals as Hagivah HatzarfatitFour years after Jerusalem was unified in the Six Day War, the neighborhood of French Hill was established in northeastern Jerusalem.

It connects western Jerusalem with Mount Scopus, the site of Hebrew University and Hadassah Hospital, two prominent institutions whose campuses were created prior to Israel’s independence in 1948 and then lost until Israel regained control over the area in 1967. The neighborhood also bears the name of Givat Shapira, in memory of Haim Moshe Shapira, an early religious

“Multifamily sales in Manhattan below 96th Street more than doubled in November compared to October,” says Shimon Shkury, president of Ariel Property Advisors. “The borough resumed its role as the dominant player in the multifamily market with 50 percent of the total transactions citywide taking place below 96th Street.”Multifamily building sales for New York City rebounded in November from their lackluster performance in October, according to Ariel Property Advisors’ Multifamily Month in Review.  In the area below 96th Street, there were 16 transactions featuring 24 buildings with 460 units that sold for $130.8 million in gross consideration in November 2011, compared to eight transactions featuring nine buildings with 196 units that sold for $62 million in gross consideration in October 2011.
“Multifamily sales in Manhattan

Many of New York’s best and brightest came to show their support for Israel’s economic development earlier this month at the Israel Bonds Real Estate and Construction Division Luncheon in Manhattan. The event hosted at the prestigious Pierre Hotel, honored prominent New York real estate attorney Rob Ivanhoe. Former New York City Mayor Ed Koch was the evening’s keynote speaker.
Photos by Stan Friedman