The Real Deal - New York Real Estate News

Feds put Neoclassical architecture policy into practice

Posted: 14 Nov 2020 11:00 AM PST

President Donald Trump never implemented a proposed measure that would have effectively banned new federal buildings from being constructed in the modern style, but one government agency has put its policy into practice anyway. In at least two instances, the General Services Administration has echoed language that appeared in Trump’s “Making Federal Buildings Beautiful Again” draft executive order, Bloomberg Citylab reported. Had it been carried out, the order would have made “classical architectural style” —

Back to the future: Automat dining concept gets Covid upgrade

Posted: 14 Nov 2020 09:00 AM PST

A century-old dining concept is being resurrected in the New York metro area, as restaurant owners struggle for customers amid the continued coronavirus restrictions. Automat Kitchen in Jersey City and Brooklyn Dumpling Shop — in Manhattan — are updating the automat, in which meals are served to customers via vending machine-like lockers, according to the Wall Street Journal. The concept was popular in the first half of the 20th century but slowly fell out of

$185.5M London penthouse is UK’s second-priciest sale this year

Posted: 14 Nov 2020 06:00 AM PST

A palatial penthouse at a storied address in London’s Mayfair neighborhood has sold for £140 million (or $185.5 million), making it the second-priciest deal of the year in the U.K. Lodha U.K., the developer behind the luxury residential project 1 Grosvenor Square, announced that the deal was finalized “very recently,” Mansion Global reported. Lodha would not elaborate on details of the deal, nor the identity of the buyer. There are reports that the buyer also