Mr. Motta actually lives on the other side of the building.

Brazilian Beer Baron Drinks Up at Sherry-Netherland

By Matt Chaban | January 26, 2011 | 4:24 pm

Do they serve Brahma beer at Harry Cipriani? They better start, because Roberto Moses Thompson Motta, a Brazilian-born investor and director at Anheuser-Busch InBev, just moved in upstairs. Mr. Motta purchased a two-bedroom apartment at the Sherry-Netherland, that distinguished prewar co-op/hotel at the foot of Central Park, paying $4.495 million in December according to city... MORE»

If only we could take the train to Seacaucus, this traffic wouldn't be so bad.

Plans for 7-Train to Jersey, Revival of Congestion Pricing Accelerate

By Matt Chaban | January 26, 2011 | 3:02 pm

As New Jersey Governor Chris Christie filed legal papers last night to prevent the return $271 million in federal ARC Tunnel funding, he revealed on Bloomberg TV that he still wants to use the money for the theoretical extension of the 7-Train into the ARC Tunnel.... MORE»

You discover a room made of ping pong balls.

Brooklyn Designer Pixelates Tiny Apartment with 25,000 Ping Pong Balls

By Adrianne Jeffries | January 26, 2011 | 12:44 pm

Designer Daniel Arsham's 90-square-foot apartment sits above the office of his design shop Snarkitecture at 60 Box Street in Greenpoint. He calls it Box/Box, and it's a design experiment as well as his permanent residence. The space is a converted storage loft that now includes a closet and bedroom accessed via a ladder entrance in the... MORE»

Like Google and Starbucks combined.

Thanks, Craig! City Connections to Fresh Amsterdam Flagship

By Laura Kusisto | January 26, 2011 | 12:30 pm

311 East 76th Street Even the experts are scoping Craigslist for space these days.   City Connections Realty is opening a flagship location at 510 Amsterdam Avenue, which they found on the Internet free-for-all that both brokers and newspapers love to hate. "It's not going to be a traditional place," David Schlamm told The Commercial Observer. "It will have a unique, fun, hip twist," he said, with illuminated awnings to conjure hipster haven the Gansevoort... MORE»

The Hamptons or Siberia? It's certainly not Malibu.

Can a Hamptons Rehab Center Cure Wall Street's Addictions?

By Matt Chaban | January 26, 2011 | 12:07 pm

New York, you have a problem, but the rest of the country is here to help. Minnesota's Hazelden Addiction Treatment Center is already working on a new rehab center in Tribeca, and now The Journal reports that California clinic Passages, which holds retreats in Malibu and Ventura, is thinking of opening a branch in the... MORE»

The legal labyrinth that is The Rushmore.

Barnett Beats Back Cuomo in Rushmore Typo Case

By Matt Chaban | January 26, 2011 | 9:37 am

Score another win for Big, Bad Gary... MORE»

On the Market: Last Day to Vote on Black-n-Gold; Home Prices at New Bust Low; SL Green Up; Housing, GOP on the Outs

By Matt Chaban | January 26, 2011 | 8:57 am

One day left to vote in our terrible towel poll. Vote now! The best real estate agent? Model Naomi Campbell, of course [Curbed] New burlesque club gets the thumbs up in Red Hook... MORE»

Larry Mueller loves the views.

The Apartment Collector: Ex-Tech Swaps Stern's 15 CPW for Nouvel's 100 11th

By Matt Chaban | January 25, 2011 | 10:32 pm

Larry Mueller thinks he has found the next 15 Central Park West: "We were very interested in One Madison Park--those full-floor apartments are just magnificent--but when that got in complete trouble, we moved on to the Nouvel... MORE»

Katy Perry Artist Will Cotton Buys in Tribeca; Saks Fifth Ave Press Gal In on Fifth; Lit Agents Swap

By Matt Chaban | January 25, 2011 | 9:57 pm

--The artists are coming back to Tribeca! Will Cotton (known as much for Katy Perry's "California Gurls" video as his art) and Rose Dergan of the Gagosian Gallery have bought a full-floor loft at 14 Harrison Street. The two-bedroom is fabulously fashionable, no thanks to the sellers, Scott and Denise Schramm, who picked up $2.14 million on the deal.... MORE»

Tighe Breaker! Ritz-Carlton King Out at 4 East 72nd

By Matt Chaban | January 25, 2011 | 7:19 pm

Real estate runs in Aaron Tighe's blood. Not only is the Credit Suisse managing director the son of Mary Ann Tighe, a CB Richard Ellis CEO and the chair of the Real Estate Board of New York, but he also got a 25 percent discount on his new home at 4 East 72nd Street, the 15-story co-op Carter B. Horsley called "one of the city's most elegant and distinguished apartment... MORE»

It's Free to Look: Plenty of Stroller Parking in This Converted Burg Warehouse on the Water

By Matt Coyne | January 25, 2011 | 6:05 pm

Now that The Times has christened Williamsburg the new Park Slope, the new parents pushing the artsy 20-something types out of the neighborhood will no doubt be looking to balance their urban desires with bizarre, kid-friendly activities like Baby... MORE»

Labryinth

Stuy Town Goes Co-op! Oh, Well, Never Mind

By Laura Kusisto | January 25, 2011 | 5:49 pm

The Stuy Town labyrinth has yielded yet another mystery On Monday, The Real Deal reported that the long-fabled co-op conversion is on its way, based on a press release by Fitch... MORE»

Would You Spay Sparky to Live in the Lap of Lower East Side Luxury?

By Matt Chaban | January 25, 2011 | 3:18 pm

It is well-known by now that rental incentives have all but disappeared from the city's apartment buildings. But how do you know that the post-Lehman doldrums are really over and the rental market is back to "normal?" When landlords start asking for crazy concessions... MORE»

'Jewel of Hudson Square'

10-Year Deal Fills Resnick 'Jewel' to the Brim

By Laura Kusisto | January 25, 2011 | 1:36 pm

250 Hudson Street "We're at the end," Dennis Brady, executive managing director of leasing for Jack Resnick & Sons, told The Commercial Observer at the end of December. He was referring to 250 Hudson Street's march to full occupancy. "God willing, in the not-too-distant future, we'll be able to tell you it's 100 percent... MORE»

The State of the Union: A Primer for Real Estate Investors

By Sam Chandan | January 25, 2011 | 12:24 pm

In his State of the Union address tonight, the president is expected to refocus his national policy agenda on the competing challenges of job creation and the precarious condition of our public finances. Exacerbating the lack of progress in the labor market and in developing concrete plans to address the deficit, last November's election results and the buildup to the next campaign necessitate more visible efforts on both... MORE»