The Closing: Yair Levy Banned; Chetrit Brothers Split; 500-Pound Piano Nicked
By Jhanasobserver June 29, 2011 5:22 pm
reprintsTwo Grand Central is now up for sale, and could fetch a price of $370 million. [NY Post]
Yair Levy, the man who hit Kent Swig with an ice bucket, is banned from conducting real estate business in New York. [Crain’s]
The Chetrit brothers are also having problems. Rumor is they’ve broken up into two separate groups. [Real Estate Alert]
Massey Knakal is suing Nevins Realty for allegedly costing them $900,000 in commission. [The Real Deal]
The condo market in the Bronx just ain’t what it used to be. [The Real Deal]
And NYC’s office market is still trying to catch up to London and Hong Kong. [Crain’s]
More bad news for the Bronx: some killjoy stole a pop-up piano from a public park. [NY Daily News]
A.F.L.-C.I.O. wants $10 billion in union pension money to finance infrastructure projects. [NY Times]
Alchemy Properties recruits Halstead Property Development Marketing to speed up sales at Griffin Court in Hell’s Kitchen. [The Real Deal]
St. Vincent’s hospital might go to the Rudin family after all. [Crain’s]
Former vice chairman of the NYC Housing Authority is fined $2,000 for using city letterhead on his plea to a Florida judge to go easy on an accused pedophile friend. [NY Times]
Multifamily property sales fall in May. [The Real Deal]
CBS newscaster’s ornate two-story apartment in midtown is still up for sale. [Journal]