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Fortis wants $79M sellout for 25 BK condos

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Fortis wants $79M sellout for 25 BK condos
Project is just one of a handful of condominiums the developer is bringing to the Cobble Hill LICH site
New York /
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Developers, brokerages look to lure artsy set during Art Basel

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Developers, brokerages look to lure artsy set during Art Basel
Real estate and art will merge amid performances, installations, events
Miami /
Spectrum Miami and Red Dot Art Fair 2016 (Credit: Cervera Real Estate)
Musical and dance performances, lavish parties, art-studded soirees and public installations aren t only for the art-world set during Art Basel.
During Art Week and Art Basel, developers and brokerage firms will capitalize on the well-heeled crowd descending on Miami to boost the visibility of their luxury projects. Condos are hosting parties and exhibits, brokerages are sponsoring art fairs, districts are becoming public art sites and even restaurants are getting in on the action with events geared to art lovers.
Hakanaï by Adrien M Claire B
Canvas’ developer NR Investments is hosting three days of dance, digital art and musical performances, Hakanaï by Adrien M Claire B, on the patio of the under-construction 513-unit condo building at 90 Northeast 17th Street in Miami’s Arts Entertainment District. The performances run from Wednesday through Friday.
Property Markets Group and JDS Development Group are hosting a private event with artist Antuan at the recently completed Echo Brickell, at 1451 Brickell Avenue. The Cuban artist is unveiling his “Art from Another Dimension” collection at the luxury condo tower on Tuesday. A handful of[……]

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Corcoran lands “Million Dollar Listing” star Steve Gold from Town

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Corcoran lands Million Dollar Listing star Steve Gold from Town
Steve Gold also interviewed at Elliman and Compass: sources
New York /
285 West 110th Street, Steve Gold and Pam Liebman
Town Residential s Steve Gold is heading to the Corcoran Group following last week s closure of Town s brokerage business.
Gold — a co-star on Bravo TV s Million Dollar Listing New York — was one of Town s most sought-after free agents with nearly $87 million worth of listings as of April 20, including $20.8 million worth of in-contract deals, according to On-Line Residential. In February, Gold took over sales for Circa, a 38-unit condominium at 285 West 110th Street, which had 21 units remaining to be sold.
Sources said Gold, a former model, also considered Compass and Douglas Elliman, where MDLNY co-star Fredrik Eklund is an agent. In hiring Gold, Corcoran appears to be waiving a policy that precludes agents from appearing on reality television.
Having Steve and his team join Corcoran is a wonderful turn of events, Corcoran CEO Pam Liebman said in a statement, adding that Gold would bring his seven-person team to the firm. Gold said over the past five years, Town helped him grow his business and find a niche in the luxury market. At Town, he sold more than $500 million worth of real estate.
After Town s collapse on April 19, rival brokerages have courted more[……]

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Premier Agent prices skyrocket, but brokers pay up

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Premier Agent prices skyrocket, but brokers pay up
On the UWS, cost per lead rose to $197 from $72 over nine months
New York /
(Illustration by Lexi Pilgrim for The Real Deal)
The city’s residential brokers slammed Premier Agent when it debuted in March.  But now, they’re fighting each other for a seat at the table.
Thanks to auction-based pricing, the cost to participate in StreetEasy’s agent advertising program — where agents purchase buyer leads in specific ZIP codes — has shot up over the past few months.
On the Upper West Side, for example, the price per lead skyrocketed 183 percent to $196.88 in October, compared to just $72.07 in May, according to data obtained by The Real Deal. On the Upper East Side, the cost per lead climbed to $166.84 from $107.08 over the same time period.
StreetEasy’s parent company, Zillow Group, acknowledged the price jumps last week, when it reported revenue from Premier Agent rose to $197.1 million during the third quarter, up 24 percent year over year — in part because of New York agents’ participation.
“We were dramatically undermonetized in New York relative to the size of our leads, the size of our audience,” CEO Spencer Rascoff said during an earnings call on Nov. 7. “So there was a bit of a gold rush in New York where agents and teams were buying impressions at a very low price and leads at a very low pri[……]

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Building Congress president just paid $2.2M for this Bay Ridge home

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Building Congress president just paid $2.2M for this Bay Ridge home
Carlo Scissura’s new three-story Colonial has eight bedrooms
New York /
Carlo Scissura and 242 82nd Street in Bay Ridge
New York Building Congress president Carlo Scissura is trading his Dyker Heights digs for a new three-story home in Bay Ridge.
Scissura purchased an eight-bedroom home on 82nd Street between Third Avenue and Ridge Boulevard for $2.2 million, according to documents filed with the city s Department of Finance on Tuesday. Though not far from his current Brooklyn home, the Bay Ridge property offers a shorter commute to his daughter s school, Scissura said on Tuesday.
The house, built in 1899, spans more than 4,000 square feet and has a private driveway and two-car garage. The dining and living rooms each feature a fireplace, according to House-n-Key s listing of the property. The previous owner is listed as Virginia Hindy.
Scissura, a life-long Brooklynite, took over as president of the Building Congress in January 2017, succeeding Richard Anderson, who held the position for more than 20 years.
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