Barbara Corcoran Trump

Trump appeals to the worst in people: Barbara Corcoran She said Trump would not make a good president

Real estate mogul and entrepreneur Barbara Corcoran has been somewhat cagey (at least in public) about her thoughts regarding the increasingly contentious presidential race. But in a recent interview with CNN, Corcoran made it clear that she is no fan of the Donald.

Back in January, Corcoran told Luxury Listings NYC: “I 上海贵族宝贝论坛 上海贵族宝贝don’t care about politics. Not one inkling do I care about politics. I guess I should, but I really don’t.”

However, since then, Trump has become a major contender in the presidential race and it seems that Corcoran could no longer avoid taking her old friend to task.

“I don’t think Donald has changed one inch since the day I m爱上海同城手机版 新爱上海同城对对碰论坛et him,” Corcoran said. “I met him in my mid-20s, so was he. He was starting new in the business, as was I. And so we kind of came up through the ranks 阿拉爱上海同城 爱上海龙凤419桑拿together. He was my best advocate when I was on his side and supporting him. If you ever differed with him, he was your worst nightmare. He hasn’t changed in the technique he’s used from the beginning of time until this day to get notoriety to play the pre上海贵族宝贝论坛 上海贵族宝贝ss…It’s remarkable to me.”

Asked if there was a positive aspect to Trump, Corcoran admitted that he is a master salesman.

“I think he is a hugely successful businessman because of his enormous ability to put out an image and have everybody fall for it. He is great at recovery and getting everyone to believe[……]

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Chinese Buyers NYC

Pan-Asian play: CORE teams up with JLL to reach Chinese buyers JLL sells units directly to buyers via roadshows in cities such as Beijing and Shanghai

From left: Shaun Osher and Gavin Morgan

Economists may be warning that the Chinese economy is on wobbly footing, but New York brokers are still looking East to find condo buyers.

To that end, boutique residential brokerage CORE and JLL have formed an e上海贵族宝贝 上海千花网龙凤论坛xclusive partnership to market CORE’s new development projects to th新爱上海同城对对碰论坛 上海同城对对碰交友社区e pan-Asian market, CORE CEO Shaun Osher told The Real Deal.

We explored entering this market on our own, but we quickly understood that the Asian buying experience is particularly unique,” Osher said in a statement. “We knew that to do this right we needed to partner with an expert in this field, and there is no one in Asia with more experience or a better track record than JLL.”

For JLL, which has long run a residential business overseas but stateside is best known for its commercial brokerage practice, the move marks its first foray into the residential business in the U.S. In London for instance, the company has worked with developers to bring projects such as the 800-unit Battersea Power Station to buyers in China, Hong Kong, Malaysia and Singapore. JLL has a team of more than 180 brokers on the ground in those regions, who specialize in marketing overseas projects to Asian buyers via exhibitions.

“JLL isn’t in the condominium business in New York City or the U.S. but we have this fantastic sa[……]

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Walker Tower

Walker Tower penthouse ensnared in 1MDB scandal to hit market for $45M Unit last s上海千花网 爱上海同城对对碰old for $50.9M

Walker Tower (credit: JDS)

The priciest penthouse ever sold in Downtown Manhattan is hitting the market amid allegations that the apartment was purchased with funds stolen from Malaysia s sovereign wealth fund.

The Walker Tower penthouse is expected to be listed for $45 million阿爱上海同城 阿拉爱上海同城 — nearly $6 million short of what the unit sold for in 2014, the Wall Street Journal reported. (At the time, the deal marked the most expensive home sale downtown, but a penthouse at Ian Schrager s 160 Leroy just went into contract for slightly more, $51 million.) Federal authorities believe that Abu Dhabi-based businessman Khadem Al Qubaisi cont爱上海同城论坛 爱上海同城rols the LLC that owns the penthouse, and that he used money misappropriated from the Malaysian上海千花网龙凤论坛 上海千花社区 state fund 1Malaysia Development Bhd. (1MDB) to make the purchase.

In September, a federal ordered the Justice Department to hold off on seizing other assets in New York and Los Angeles connected to the scheme until a criminal investigation was conducted.

Earlier this year, developer Steve Witkoff and t爱上海同城论坛 爱上海同城he Justice Department put the Park Lane Hotel up for sale. The deal cut out majority owner Jho Low, who authorities believe illegally diverted funds from 1MDB into real estate. [WSJ] — Kathryn Brenzel 

Tags: Residential Real Estate, walker tower
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Steve Hilton

Steve Hilton sells oceanfront Malibu
home at discount He’s the grandson of late hotelier Conrad Hilton

Steve Hilton and his 3-story Malibu Cove Colony Beac上海千花网 爱上海同城对对碰h House (Credit: Pritchett-Rapf Associates)

Philanthropist and hotel heir Steve Hilton found a buyer for his three-story home in the gated Malibu Cove Colony for $8 million, t上海贵族宝贝交流区 上海贵族宝贝论坛he Los Angeles Times reported. He first listed the home in July 2016 for $10.4 million.

The glass-clad estate has four bedrooms, t上海千花社区 上海千花网交友hree-and-a-half bathrooms, a custom saltwater aquarium, an office/den and tiled hot tub. Ocean views surround the 3,390-square-foot property, renovated in 2010 by architect Jay Vanos.

Hilton purchased the home in 2007 for $7.1 million from late actor Robert Ridgeley, property records show.

Kate Pritchett-Skene of Pritchett-Rapf Associates and Chris Cortazzo of Coldwell Banker had the listing. Andrew Stern, also with Coldwell Banker, represented the buyer. Ironically, his own brother Rick Hilton上海千花网龙凤论坛 上海千花社区 cofounder of luxe brokerage Hilton Hyland did not have the listing.

The philanthropist, grandson of the late hotelier Conrad Hilton, joined the Conrad N. Hilton foundation in 1983. During 上海同城对对碰交友社区 上海夜网论坛his time with the charity, he oversaw its worldwide humanitarian work, serving as both chief executive and president before entering retirement in 2015. [LAT] Natalie Hoberman

Tags: Re
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Mall Tenants

Death without fanfare: Many mall tenants simply choosing not to renew leases Nearly 40 percent of in-line stores left spaces without a formal announcement: report

Vacant mall (Credit: Wikimedia Commons)

It s real estate s equivalent of dying gracefully.

A high number of mall tenants are choosing to quietly bow out of their 阿拉爱上海同城 爱上海龙凤419桑拿space at the en新上海贵族宝贝论坛 上海贵族宝贝交流区d of a lease, instead of breaking it.

A report by the Advisory Group at Green Street Advisors found that 979 of上海龙凤论坛sh1f 上海龙凤论坛 2,468 in-line retail stores (non-anchor tenants) that closed in 2017 chose to do so quie爱上海龙凤419桑拿 上海龙凤论坛sh1ftly by not announcing their closure and simply not renewing leases. That’s in contrast to “doing something a bit more aggressive” like breaking a lease, Green Street s Jim Sullivan told Bloomberg.

The study looked at the top 25 national in-line retailers closing retail locations. The closure of in-line tenants can be a bellwether of financial problems at a property, Sullivan said, because they typically pay higher rents than anchor tenants, which are seen more as a customer draw than a revenue generator.

Leading the exodus are women’s fashion retailers Wet Seal (closed 204 stores), BCBG (closed 200 stores), and The Limited (closed 196 stores). Those quietly leaving spaces without announcements include Stride Rit爱上海同城手机版 新爱上海同城对对碰论坛e and Hallmark, which together closed 261 locations last year, according to the report.

Across the country, retailers and their landlords are grappling with a more challenging landscape, as The Re[……]

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Camber Property Group

Camber Property planning 136-unit resi building in Harlem Building will ris爱上海同城对对碰 爱上海同城论坛e nine stories and be known as Victory Plaza

Rendering of 11 West 118th Street (Credit: Aufgang Architects)

Rick Gropper s Camber Property Group is planning a nine-story, 136-unit residential building in Harlem.

The company filed plans for the project with the Department of Buildings on Thursday. 阿爱上海同城 阿拉爱上海同城It will be known as Victory Plaza, span roughly 150,500 square feet and stand 87 feet tall.

The residential units will be affordable rentals, and Camber expects the project to cost $58.4 million, according to its website.

The project is a joint venture between Camber a上海贵族宝贝交流区 上海贵族宝贝论坛nd its non-profit上海同城对对碰交友社区 上海夜网论坛 partner Harlem Congregations for Community Improvement, and the housing will be for seniors, according to Gropper, a principal at Cambe阿爱上海同城 阿拉爱上海同城r Property who was formerly at L+M. Amenities will include outdoor recreation space and multiple community rooms.

Construction on the building should begin late in 2018 and finish late in 2020.

Last year, Camber made a pair of large Bronx purchases. The firm picked up the 11-building Stevenson Commons complex in July with Settlement Housing Fund for $70.9 million and buildings at 820 and 880 Thieriot Avenue in November with LIHC Investment Group and Belveron Partners for $19 million.

Tags: Development, harlem
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417 Park Avenue

Kushner Companies offers to buy Park Avenue co-op for $250M 13-story building at 417 Park could be replaced with larger tower thanks to Midtown East rezoning

Charlie Kushner and 417 Park Avenue

Kushner Companies has offered to buy the luxury co-op building at 417 Park Avenue for $250 million, a ne爱上海龙凤419桑拿 上海龙凤论坛sh1fw re上海千花网龙凤论坛 上海千花社区port claims.

The co-op board at the 13-floor, 26-unit apartment building met on March 28 to discuss a “letter of interest” from Kushner offering to buy all 10,000 apartment shares, the New York Post reported.

The price breaks down to an average of $8.9 million per apartment.

Representatives from Billy Macklowe’s William Macklowe Company also approached the board, according to the Post.

Representatives for Kushner and Macklowe declined to comment.

The Emery Roth-designed building at the southeast corner of 55th Street was until recently the onl上海贵族宝贝论坛 上海贵族宝贝y residential address on Park Avenue between Grand Central Terminal and 57th Street, having survived the wave of office construction that took over the area.

It’s not impossible to buy a residential co-op f上海龙凤论坛 新上海贵族宝贝论坛rom its owners, but there are challenges. Most co-ops require 100 percent of the阿爱上海同城 阿拉爱上海同城 unit owners to agree on a sale and price. But 417 Parkonly requires a 67 percent majority to green light a sale, insiders told the Post.

Several bidders in past decades have offered to buy the building, but now the Midtown East rezoning would allow a new owner to replace the property with a much larger building.

Kushner Compa[……]

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Google Store NYC

Is Google about to open its first real NYC store in Soho? Internet giant declines termination option at 131 Greene Street

131 Greene Street (Credit: Agorafy)

Google could open its first long-term store in New York City. Really.

The retail space of 131 Greene Street

The company declined to use an option to terminate its retail lease at 131 Greene Street, Crain’s reported, which indicates that it plans to use it.

Google leased the 5,442-square-foot space in 2014 but kept it vacant and initially listed it for sublease. Now, after declining its termination option, the company is committed to paying $2 million in rent per year until 2024.

Google has operated pop-up stores in the city, but 131 Greene would be its first location under a long-term deal. Other internet giants like Apple and Amazon operate several stores in New York.爱上海同城 爱上海ing-to-op上海千花网龙凤论坛 上海千花社区en-its-second-nyc-bookstore/

Earlier this year, Google s parent company Alphabet bought the Chelsea Market building for $2.4 billion. The Real Deal reported the transaction, the second biggest in city history, was d上海龙凤论坛sh1f 上海龙凤论坛one entirely with cash. [Crain’s] Konrad Putzier

Tags: google
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