Southampton Showdown: Sotheby’s Sues Seller Over $56 Million Meadow Lane Deal
Sotheby’s has sued the seller of 1010 Meadow Lane in Southampton, saying she skipped an $840,000 commission after a roughly $56M sale. The complaint is now pending in New York County.
NoMad’s Innside Hotel Fetches About $200 Million In Quiet Meliá Power Play
The 313-room Innside New York NoMad traded in a low-$200M Manhattan sale to a buyer tied to Meliá. The move shifts ownership away from the Artimus-linked developer.
Chelsea Affordable Tower Snags $75.7 Million Lifeline From Wall Street Duo
Walker & Dunlop and Pretium’s joint venture closed a $75.7M bridge loan to refinance a 174‑unit Chelsea building, bridging the property to an anticipated HUD 223(f) takeout. The deal marks the venture’s first closed transaction and aims to preserve affordable units while permanent financing is secured.
Hamptons Landlords Sweat As Last-Minute Renters Treat Mansions Like Amazon Orders
East End summer homes are being leased later in the season as younger travelers book closer to arrival; the shift is pushing hosts toward dynamic pricing and hospitality‑style operations.
Across From Penn, Shuttered Midtown Hotel Flips to 579 Affordable Apartments
Slate Property Group and Breaking Ground will convert the 31‑story Stewart Hotel near Penn Station into roughly 579 permanently affordable apartments with on‑site health and social services.
Midtown East Condo Scores $54 Million Refi Lifeline At 660 Lexington
Derby Copeland Capital funded a $54M refinance for 660 Lexington as the Midtown East condo wraps construction and begins sales. The loan replaces earlier debt as the project moves into sellout.
eBay Ditches Sixth Ave For Flatiron Digs In Microsoft-Anchored Landmark
eBay is moving its NYC office into a Microsoft‑anchored Flatiron landmark, signing an eight‑year lease for about 27,902 square feet. The deal fills out the renovated 122 Fifth Avenue.












