Wendy J. Sarasohn
Phone: (212) 836-1042
wjs@corcoran.com




Real Estate News
Top residential agents of the week
Fri, 18 May 2012 22:30:45 +0000

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Cushman COO heads to Colliers International
Fri, 18 May 2012 22:20:13 +0000

Cushman & Wakefield COO Joseph Harbert has jumped ship for Colliers International, the Seattle-based brokerage looking to raise its New York City profile, Crain’s reported.Harbert will lead Colliers' expansion into new sectors such as retai..[read more]

Retail rents up in prime areas but down overall: REBNY report
Fri, 18 May 2012 22:00:49 +0000

Average asking rents in some New York City retail corridors have shot up by as much as 75 percent year-over-year, according to a market report released today by the Real Estate Board of New York. But overall asking rents for ground-floor retail space..[read more]

Trevi pays $6.97M for Back Fence building as latest purchase in buying spree
Fri, 18 May 2012 21:45:00 +0000

Trevi Retail had purchased a four-story, mixed-use building at 155 Bleecker Street in Greenwich Village, Crain's reported. The 7,200-square-foot building, home to three rental apartments and popular barThe Back Fence,had been on the market for $8.4 m..[read more]

JDS buys majority interest in Starwood project, plans residential tower
Fri, 18 May 2012 21:30:05 +0000

JDS Development Group, the company behind the recent conversion of the Ralph Walker-designed Verizon building on West 18th Street, has purchased a majority interest in a development site formerly owned by Starwood Capital at 105 West 57th Street for ..[read more]

Micro-cottages pop up in Lower Manhattan, 20-something sisters span globe buying expensive homes ' and more
Fri, 18 May 2012 21:00:16 +0000

47 East 3rd Street at center (credit: PropertyShark)Embattled former Sen. Pedro Espada's Soundview Health Clinic is set to shutter. The undisclosed buyer of the $90M-plus One57 penthouse unit is not Russian, developer says. Following controversy of "..[read more]

Dumbo warehouse conversion awaits LPC approval
Fri, 18 May 2012 20:30:09 +0000

One block north of its recently sold out condominium conversion of the Fancy Basket Company warehouse in Dumbo, Alloy Development is planning a similar conversion of a circa-1900 stable and storage building at 185 Plymouth Street, Brownstoner reporte..[read more]

The blossoming of Boerum Hill
Fri, 18 May 2012 20:00:33 +0000

Italian restaurant Rucola recently opened at 190 Dean Street.From the May issue: Developer Abby Hamlin knew she was taking a risk when she bought a block of Boerum Hill properties in 2004 in a joint venture with Francis Greenburger's Time Equities. B..[read more]

Russian presence in NYC real estate market will only increase: VIDEO
Fri, 18 May 2012 19:30:30 +0000

Alex RovtWhile a Russian was not responsible for the record One57 penthouse purchase, don't expect the region's influence on the city's real estate market to wane. In a video on CNBC (watch it after the jump), Alex Rovt, who recently acquired the 1 m..[read more]

Still searching for Takashimaya retailer, Thor launches another upgrade
Fri, 18 May 2012 19:00:20 +0000

In its ongoing effort to land a retail tenant for the former Takashimaya building on Fifth Avenue, Thor Equities is spending another $5 million to spruce up the six-floor space, Crain’s reported. The space has been on the market for 19 months, ..[read more]

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