News

An Upper East Side spread has passed from one real estate family to another.  The estate of Christiane MacArthur, a French former model whose in-laws owned Midtown office towers and much of Florida, sold a 3,500-square-foot co-op on Fifth Avenue for $8 million to Laurie Kefalidis, whose family controls the national development firm KLM Equities.The […]

An unlicensed parking lot in the West Village, once slated for redevelopment into residential condos, is poised to be sold to a new owner, records show.Aden Wiener, founder of SilverLining Development, signed a contract to acquire 152-154 Leroy St. for an undisclosed price, according to the paperwork filed with the city this week. The Upper […]

A Tokyo-based real estate firm purchased a multifamily building in Kips Bay for $10.4 million, showcasing Japanese companies' continued interest in New York properties and the strength of the city's market-rate residential developments.Norbil Trust recently bought the apartment building at 225 E. 25th St. from Chelsea-based developer Lockhill Properties, property records show. The deal included […]

The developers behind the scuttled affordable housing project on the site of the Elizabeth Street Garden sued Mayor Eric Adams’ administration on Wednesday over his move to designate the lot as parkland. The suit marks the latest chapter in the messy history of the project and makes it likely that the saga will spill over […]