Gut-renovated Brooklyn Heights home snags deal after asking $13M
A remade Brooklyn Heights townhouse topped Brooklyn’s luxury contracts last week. The contract was one of 19 signed — six condos, one co-op, 12 single-family homes — for homes asking at least $2 million, according to Compass’ weekly contracts report. The total contract volume was $73 million. The p
Steve Croman’s sons find path in real estate
The sons of landlord Steve Croman are all grown up. Jake and Adam Croman have gotten into the real estate business and are following in their father’s footsteps by buying Manhattan multifamily, often partnering with fashion scion Jeremey Tahari. The Croman brothers’ most recent buy was a Chinatown
World’s third-richest man can’t hack NYC rent stabilization market
Being one of the richest people in history does not insulate an investor from the pains of New York City’s rent-stabilized multifamily market. Sergey Brin of Google co-founding fame sold his stake in a real estate fund back to its manager, Douglas Eisenberg’s A&E Real Estate, Bloomberg reported. The
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