The Real Deal - New York Real Estate News

Suit says Barnet Liberman not paying his condo fees at Printing House

Posted: 08 May 2022 11:46 AM PDT

A developer of one of the first commercial-to-residential conversions in New York City history has failed to pay common charges on his penthouse pad in the building he converted, forcing residents there to pick up the tab, the New York Post is reporting. According to the report citing a lawsuit filed in 2020, Barnet Liberman, who with a partner turned the West Village building previously used to house printing firms into fancy Printing House condo

Brooklyn’s iconic Bossert Hotel facing foreclosure

Posted: 08 May 2022 09:55 AM PDT

The Bossert Hotel in Brooklyn Heights has lived many lives, starting as one of the borough’s most luxurious inns, hosting the Brooklyn Dodgers’ celebration when they won their only World Series in 1955, falling into disrepair and becoming a partial SRO in the 1960s and ’70s, and seeing a revival as a place where members of the Jehovah’s Witnesses could stay in luxurious suites for free when visiting the Big Apple. But for the last

Trixie Mattel’s new series puts a Palm Springs motel in drag

Posted: 08 May 2022 08:10 AM PDT

It’s a motel makeover that’s made for TV. The Palm Sprints Desert Sun is reporting that “RuPaul’s Drag Race All Stars” winner Trixie Mattel has documeted her purchase and renovation of a Palm Springs motel for her new limited series “Trixie Motel.” Mattel, the drag alter ego of Brian Michael Firkus, teamed with her partner David Silver to purchase the pink-laden Ruby Montana Coral Sands Inn, whose four-month-long rebirth as the “Trixie Motel” will play

Sternlicht: Starwood is “sea of stability,” ready for recession

Posted: 08 May 2022 07:30 AM PDT

Barry Sterlicht’s confidence in Starwood Property Trust was on full display before analysts last week: Even a loan on a property that “burned to the ground” is expected to be fully repaid, he said. He was referring not to a hypothetical loan but one on Calistoga Ranch in California, which was destroyed by fire in November. Now the land is for sale, and it’s expected to trade for “substantially more” than the remaining loan balance,