The Brooklyn Made Real Estate Show
About This Show
From the Ratner Team, this is the Brooklyn Made Real Estate Podcast, a show about Brooklyn real estate and the professionals behind one of the hottest real estate markets in the world.
Brooklyn Made Real Estate is a one-stop shop for anyone interested in New York real estate, getting connected with local experts and learning how to make smarter decisions and leveraging your assets.
Each week our show will feature real estate news and interviews with local professionals that we are eager for you to meet.
Most Recent Episode
New York Real Estate News
< 1 day ago
One of the top stories of the past week is the beginning of construction of the new high rise building coming to midtown that will reshape the Manhattan skyline. With the installation of its first steel column last week, One Vanderbilt , soon to be New York City’s second-tallest skyscraper, officially began its ascent into the sky. Banker Steel Company provided the 26,000 tons of domestically milled steel for development, which included the first 20-ton column installed last week. The office building will boast column-free floors, floor-to-ceiling windows, and 360-degree views of the city and beyond, according to 6sqft.com. Designed by Kohn Pedersen Fox (KPF), One Vanderbilt will rise to 1,401 feet and will add over 1.7 million square feet of office space to Midtown Manhattan. The skyscraper sits adjacent to Grand Central Terminal and will encompass an entire block. One Vanderbilt will include direct underground connections to the subway system, while implementing $220 million in transit and infrastructure upgrades. Staying with high rise news, Gary Barnett’s Extell Development is finalizing a $900 million construction loan from JPMorgan Chase for Central Park Tower. The financing would allow Barnett to proceed with the ultra-luxury condominium tower at 217 West 57th Street, which is the priciest residential project in New York City history with a potential $4 billion sellout. Closing on the loan would end an 18-month search for financing for the 179-unit, 1,550-foot supertall project, which many real estate insiders believed would never get built, this according to the Real Deal. Last month, the New York State Attorney General’s office approved the offering plan , allowing sales to launch. The project has the priciest offering plan ever accepted by the city, followed by Vornado Realty Trust’s 220 Central Park South at $3.4 billion.