Month: June 2019

Diversity in Architecture

NYC s black architects honored with new AIA exhibition Black architects make up only 2 percent of licensed architects in the U.S.

A design by To上海贵族宝贝交流区 上海贵族宝贝论坛nja Adair, a founding principal at Splice Design.

The American Institute of Architects’ New York Chapter is planning to celebrate a vastly 新上海贵族宝贝论坛 上海贵族宝贝交流区underrep阿爱上海同城 阿拉爱上海同城resented group in architecture with a new exhibit: “Say It Loud: Distinguished Black Designers of NYCOBA | NOMA.”

It turns out black architects make up only 2 percent of licensed architects working nationwide, and the new exhibit will highlight the work they have done across the city, according to Curbed.

Running through April上海贵族宝贝交流区 上海贵族宝贝论坛 at the Center for Architecture near NYU, the show will examine the work of 20 black designers. Some of those featured designer include Roberta Washington, Yolande Daniels and Mark Gardner.

High school student winners of the Jumaane Omar Stewart Award and Diversity in the School of Architecture Award will also have their work exhibited.

Black and minority architects have a prolific imprint on the built environment. O新爱上海同城对对碰论坛 上海同城对对碰交友社区ne of my earliest realizations of this occurred while attending the J. Max Bond Jr. memorial in 2009 held here at the Center for Architecture, Pascale Sablan, an associate at FXFOWLE and the curator of the event told Curbed. I hope to help others realize this as well. This exhibit highlights and celebrates a few among many such contributions and can serve as a solid stride toward answering the urgent call for inc[……]

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Marlene Dietrich

One-time home of Marlene Dietrich wants $6.5M Actress and singer lived and entertained at the Little Holmby estate

Birchwood Drive home, Marlene Dietrich (MLS/Getty Images)

A Span上海贵族宝贝 上海千花网龙凤论坛ish Colonial home once owned by actress Marlene Dietrich and other old Hollywood types has hit the market with an asking price of $6.49 million, or $上海千花网龙凤论坛 上海千花社区1,053 a square foot.

The two-story 6,167-square foot home was built in 1932 and designed by architect L.G. Scherer, the Los Angeles Times reporte上海夜网论坛 上海夜网d.

The four-bedroom, five-bathroom property features a circular two-story foyer with a curving 上海千花社区 上海千花网交友staircase and a screening room with a wet bar. There s also a swimming pool and spa, a fireplace and a koi pond.

Actress Dorothy Dunbar also reportedly leased the home after her marriage to French artist Tino Costa.

Jane Gavens of John Aaroe Group and Marc Noah of Sotheby’s International Realty have the listing. [LAT] Subrina Hudson

Tags: celebrity homes, Re
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Westchester Real Estate

Westchester Fairfield Cheat Sheet: Harvey Weinstein sells Westport home, home prices in Westchester rise more

Clockwise from left: Harvey Weinstein and his Westport home, Chad s ambassador s home in New Rochelle and senior housing is proposed for 900 King Street in Rye Brook.

Westchester Q3 median sales price rose for fourth consecutive quarter, inventory s still tight

The median single family home sales price in Westchester increased to $535,000 in the third quarter, whic上海同城对对碰交友社区 上海夜网论坛h is the fourth consecutive increase, according to Douglas Elliman Real Estate s third quarter market report. Median prices of luxury homes — the upper 10 percent of all single family sales — slipped 1.7 percent to $2,112,500. Overall, Westchester home sales fell year over year for only the second time in three years, declining 6 percent to 3,003. Listing inventory decreased 5.2% to 4,203 — the lowest third quarter inventory in the last 13 years, the report noted. Co-ops were the only property type to see a rise in sales, surging 4.7 percent to 559. [Douglas Elliman]

Fallen film mogul Harvey Weinstein sells home in Westport

Disgraced film executive Harvey Weinstein sold a home in Westport for $1.65 million. The home has 3,050-square feet, four bedrooms, three bathrooms and sits on more than a half acre, the上海贵族宝贝论坛 上海贵族宝贝 Los Angeles Times reported. Weinstein had purchased the home more than 20 years ago for $825,000. The executive was the subject of recent bombshell reports in The New York Times and the N[……]

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Convene

WeWork rival C爱上海同城 爱上海onvene seeks to raise another $150M, mulls CRE investment fund Brookfield-backed firm man新上海贵族宝贝论坛 上海贵族宝贝交流区ages common amenities in office towers

1 World Trade Center and Ryan Simonetti

UPDATED, Nov. 2, 7:30 p.m.: Convene, the office-space startup backed by Brookfield and th上海千花网龙凤论坛 上海千花社区e Durst Organization is looking to raise another $150 million in venture funding in a Series D round and plans to launch a property investment fund in the future.

The company’s co-founder Ryan Simonetti said the firm already has “verbal commitments” from some existing investors for the Series D round but declined to name them. The firm has raised $119.2 million from investors to-date, most recently in a $68 million Series C round that included Brookfield, Durst, Conversion Venture Capital, ArrowMark Partners and Elysium Capital Management.

Founded in 2009 as Sentry Centers and renamed Convene in 2011, the firm manages meeting rooms and common amenities in office towers. “We’re running a hotel in an office building,” Simonetti said. The firm, which also manages flexible office space, currently has eight locations in New York City, including an event space on the 34th floor of One World Trade Center.

Convene also plans to launch a property investment fund in partnership with a private equity firm, Simonetti said. He claimed the firm has held preliminary talks with potential partners, but no deal is imminent.

“Creating a side fund to buy properties is not on Conv爱上海龙凤419桑拿 上海龙凤论坛sh1fene’s near-term roa[……]

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Real Estate Regulation

Congressmen want regulators to study competition in real estate listings industry 2008 settlement with National Association of Realtors set to expire later this year

From left: The U.S. Capitol building, Democrat David Cicilline of Rhode Island and Republican Tom Marino of Pennsylvania

A pair of influential Congress members believe regulators should look into potentially uncompetitive practices in the real estate listings industry, as an antitrust settlement with the National Association of R上海千花网交友 上海千花网论坛ealto爱上海龙凤419桑拿 上海龙凤论坛sh1frs from 2005 is set to expire later this year.

Two members of the House Judiciary Committee on Regulatory Reform, Commercial and Antitrust Law sent a letter to the Department of Justice and the Federal Trade Commission in January asking them to update a 2007 report that found competition had been hindered by “multiple listing services and the National Association of Realtors, state legislatures and state 新爱上海同城对对碰论坛 上海同城对对碰交友社区real estate commissions.”

“Among other issues, we think it especially important that an updated report review the availability and distribution of real estate listings data within the industry,” wrote Republican Tom Marino of Pennsylvania and Democrat David Cicilline of Rhode Island, Inman News reported.

The DOJ in 2008 reached a settlement agreement in an antitrust爱上海同城论坛 爱上海同城 lawsuit with NAR, which had put in a rule that allowed brokers to limit the display of listing data on the websites of certain rival online brokerages.

That agreement expires in November,[……]

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IREO Management

Investors: Trump Org’s partner on India office tower siphoned off $147M in fraud scheme Children’s Investment Fund, Axon Partners invested $300M in Norman Foster-designed project

Lalit Goyal and Anurag Bhargava (Credit: Getty Images)

The Children’s Investment Fund Foundation and New York-based Axon Partners allege that the Trump Organization’s partner on an office-tower project in India has defrauded investors out of at least $147 million.

The two investment companies filed a criminal complaint with New Delhi police against the Indian real estate developer IREO’s co-founders, the Washington Post reported.

The two firms invested nearly $300 million in a Sir Norman Foster-designed office tower in Gurgaon, and now claim that IREO’s Indian managing director, Lalit Goyal, and others including company co-founder Anurag Bhargava engaged in “large-scale fraud” by “illegally siphoning off” at least $147 million for other projects, the Post reported.

The investors claim Goyal and other set up a web of sham co上海夜网论坛 上海夜网mpanies to line their own pockets, and in one case they allege a project in the state of Rajasthan “was nothing but a sham . . . to misappropriate about $62 million.”

Goyal declined to comment, but in a March 13 letter to IREO investors he wrote that “as far as the allegation of fraud, diversion and misappropriation of funds is concerned, this is false, baseless and devoid of any merit.”

Bhargava, a U.S. resident who sits on the board a the University of Pennsylvania’s engineering[……]

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Plaza Hotel

Khan and Hakim out, Ashkenazy and bin Talal in爱上海同城手机版 新爱上海同城对对碰论坛 at the Plaza: repor爱上海同城手机版 新爱上海同城对对碰论坛t Minority partners exercised right of first refusal with $600M offer

The Plaza Hotel, Al Waleed bin Talal and Ben Ashkenazy (Credit: Getty Images)

The minority owners of the Plaza Hotel have countered two upstart investors plan to buy out majority owner Subrata Roy.

The news comes after The Real Deal reported that investors Shahal Khan and Kamran Hakim signed a contract to pay $600 million for the 75 percent stake in上海千花网论坛 上海千花网 the Plaza. But Ben Ashkenazy s Ashkenazy Acquisition Corporation and Saudi Prince Al-Waleed bin Talal, as the building s minority owners, have the right of first refusal. They have since exercised that right, the New York Post reported, by offering the same $600 million sum. Roy s Sahara Group did not comment on the deal reported by the Post.

“The plan is to restore the splendor of The Plaza, which will include the redevelopment of the 100,000 contiguous square feet of retail, including the Oak Room,” Michael Alpert, principal at Ashkenazy, told the Post.

Reached by phone, Khan told TRD that the Ashkenazy bid will not be official until he does what Khan did: put up a $30 million deposit and proof of funds for the final purchase. “He can match the offer but he’s gotta back it up with money,” Khan said. Asked if he doubts the ability of Ashkenazy and bin Talal, who are both爱上海同城论坛 爱上海同城 billionaires, to put up that cash, he said “We’ll see, I don’t know.”

Once Ashkenazy’s deposit hit[……]

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125 Park Avenue

Canon renews 34K s新上海贵族宝贝论坛 上海贵族宝贝交流区f at SL Green’s 125 Park Camera an上海千花网交友 上海千花网论坛d photocopier company commits to another 10 years
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By阿拉爱上海同城 爱上海龙凤419桑拿 clicking Subscribe you agree to our Privacy Polic上海贵族宝贝 上海千花网龙凤论坛y.

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Steve Witkoff

I can t do anything in this town today : Steve Witkoff is fed up with New York development costs Developer behind 111 Murray Street has set his sights on Las Vegas and and Florida amid soaring costs in New York

Steve Witkoff (Cred爱上海 爱上海同城手机版it: Getty Images)

Steve Witkoff is among a growing number of New York developers who are up in arms over soaring land and co上海夜网论坛 上海夜网nstruction prices. So now, he s building elsewhere.

I can t do anything in this town today, Witkoff said at a construction and development forum hosted by accounting firm Anchin. The land is too expensive.

He pointed to his firm s development at 150 Charles Street in Greenwich Village as an example. Witkoff said the project, which started in 2012, was built at $650 per square foot. But today, at the nearly completed 111 Murray, the developer said he is paying $850 per square foot.

The construction costs are out of control, he said. There s no material difference in what we built there, adding that if he were to start building today, the construction would be closer to $1,000 a square foot.

Instead, the developer has sought sunnier pastures and is overseeing projects in Florida and a $3 billion resort complex in Las Vegas, named Drew, after his late son. While he does have a handful of ongoing projects in New York, he confirmed he is not looking to develop in the city until land prices and development costs come down. Witkoff had planned to redevelop the Park Lane Hotel, but those plans never materialized beca上海贵族宝贝论坛 上海贵族宝贝us[……]

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Jay Suites

Co-working firm Jay Suites launches conference-room platform The firm has launched two Manhattan locations spanning 42K sf

Juda Srour and 15 West 38th Street (left) and 515 Madison Aven爱上海 爱上海同城手机版ue (Credit: Rosen Group and Green Map System)

Flexible office space firm Jay Suites is venturing into the conference-room leasing business.

The New York-based firm, which has 700,000 square feet of office leased in the city catering to mid-size enterprise clients, has opened a 20,000 square foot space at 515 Madison Avenue and a 22,000 square foot space at 15 West 38th Street. The spaces, named Jay Conferences, will be filled with conference rooms and equipment for hire, starting at $99 a day per person.

The need for conference room-leasing, an arm of the flexible office phenomenon, has traditionally been met by hotels. The largest player in the space, Convene, a New York-based firm that rents conference rooms, has rai上海贵族宝贝论坛 上海贵族宝贝sed $280 million, from the likes of the Durst Organization, Brookfield, RXR Realty and others. It currently has 23 loc上海贵族宝贝论坛 上海贵族宝贝ations with plans to double that figure this year, according to the firm s CEO, Ryan Simonetti.

There s not too many people in the game right now, said Juda Srour, Jay Suites s president. I see more people working in less space and there s not too m上海龙凤论坛sh1f 上海龙凤论坛any places beside Convene and hotels that have these kind of places.

Jay Suites, which was founded by Juda and his brother Jack in 2008, has not raised any funding. Juda said the firm has cu[……]

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