8/2/2019 Web Hits May

1/1

David Kornmeier,Lisa Lippman,Scott Moore

Brown Harris Stevens $11.18 million 317 West 77thStreet

102 May2012 www.TheRealDeal.com

Web hits: The month in review

Mike Sieger Fenwick KeatsReal Estate

$14.15 million 137 West 74thStreet

Dolly Lenz Elliman $12.6 million 941 Park Avenue#7/8A

Wendy Jackson,Ben Lieblein

Nest Seekers $11.48 million 860 Park Avenue12th Floor

Hilary Landis Corcoran $11.2 million 1172 Park Avenue

#6AC5C

Top deals o the month

Most popular stories

1) Teaming up: Broker partnerships on upswing

2)Carlyle, ready to shop

3) Investor wins right to buy $112M stake in Ring portolio

4) Developer o trendy Ace, NoMad hotels sues partner

5) Mapping the recovery

6)The Bravo eect: Eklunds Elliman team expands

7)Small is lucrative: Start-ups grab growing share o sales market

8) The young and the restless: Newbie investors fnd creativeways into business

9) Making nice with Mike

10) Private equity frms snap up debt on small NYC rental buildings

Glenwoods Litwin named REBNYs frst-ever lietime honorary chairman:

Whenever REBNY needs something from someone, they

give them an honorary award. Stay off the phones Litwin,

Spinola is going to be calling with a favor.

(Read full stories online)

Beastie Boysells

Top dealso the month

Most popularstories

Readercomments

Reader comments

O N L I N E

HOME MAGAZINE MULTI-MEDIA JOB BOARD TIPS SOUTH FLORIDA ADVERTISING ARCHIVES CONTACT US

COMMERCIAL SALES

OFFICE LEASES

RETAIL LEASES

THE CLOSING

THE DATA BOOK

EVENTS

SIGN UP FOR FREE WEEKLY E-LERTS

Agent Firm Price Address

Source: StreetEasy and The Real Deal. Data is for closed deals led with the city between April 1 and April 27, where both a broker

and an address can be identied. Chart only includes sellers brokers.

Is Kyle Blackmon the new go-to agent or the citys priciest pads?The Doogie Howser effect is much easier achieved in real

estate than in any other profession.

The Beastie Boys

Dolly Lenz The Ace Hotel Doogie Howser

Beastie Boy sells Soho townhouse to developer or $5.5 millionByKatherine ClarKe

Rapper Adam Horovitz, best known as the Beastie Boys King Ad-Rock, has sold his

three-story Soho townhouse for $5.5 million, according to public records led last month.

The purchaser was Stephane Boivin, head of the Canadian development company Nor-

dica, which is planning a seven-story, mixed-use propertyadjacent to the 186 Spring Street townhouse. Nordica, which

paid $10.1 million for 182 Spring Street last April, is report-

edly planning ve oors of condominiums, two oors of retail

and an ambulatory care facility at the site. Horovitz, who is

married to musician and feminist activist Kathleen Hanna,

bought the eight-room home for $2.3 million in 2000, public

records show. Horovitz joined the Beastie Boys in 1982 at age

16. The hip-hop band will be inducted into the Rock and Roll

Hall of Fame next April in Cleveland.

Lend Lease case latest blow to construction industryBy DaviD Jones

Lend Lease Construction, formerly known as Bovis Lend Lease Construction, agreed to pay

$56 million last month to settle charges of over-billing clients at projects like the construc-

tion of Citi Field and the renovation of Grand Central Terminal. James Abadie, principal

of Lend Leases New York ofce, pleaded guilty to fraud last month in an investigation led

by Brooklyn-based U.S. Attorney Loretta Lynch. The company is expected to cooperate

under a plea agreement that could extend the investigation for another two years. The fed-

eral investigation is likely to delve far into the New York construction industry, and experts

say the allegations against Lend Lease are

not isolated to one rm, but reect a widely

employed pattern of undercutting the com-

petition to get a job, then padding the books.

This is everyday practice, said Mike Kessler,

president of Kessler International, a Man-

hattan-based corporate investigation rm.

Were constantly nding theyre charging

for employees that are not on the job.

Stroller mogul fnds new baby: Soho condosBy leigh Kamping-CarDer

Soho may be getting a new condo building, courtesy of the founder of bankrupt stroller

maker Maclaren. Maclaren founder Farzad Rastegar is plan-

ning to tear down a stroller showroom the rm operates at 150

Wooster Street and build condos on the site. Rastegars MTM

Associates submitted a proposal to the City Planning Commis-

sion March 1 to construct an eight-story building at 150 Woost-

er Street that would include up to 15 condos, city records show.

Connecticut-based Maclaren has been under re since 2009,

when allegations surfaced that some of the companys popular

strollers had a defective hinge that could amputate childrens

ngers. More recently, the British companys American sub-

sidiary, Maclaren USA, quietly sought to liquidate through a

Chapter 7 bankruptcy proceeding.

Adam Horovitz

Citi Field

150 Wooster Street rendering