Matt Lauer’s Sag Harbor estate is still on the market for $15M

The Sag Har上海千花网龙凤论坛 上海千花社区bor estate owned by recently fired “Today Show” host Matt Lauer and his wife is lingering on the ma上海千花社区 上海千花网交友rket with a $15 million price tag. The 8,000-square-foot home sits on 25 acres with a tennis court and pool. The couple originally listed the 上海贵族宝贝交流区 上海贵族宝贝论坛property上海夜网论坛 上海夜网 in mid-2016 for $18 million shortly after buying a North Haven compound from actor Richard Gere for $33 million. Susan Breitenbach of The Corcoran Group has the Sag Harbor listing. [Newsday]

Tags: Hamptons
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Retail E

Here s what Europe s largest retailer has in store for the future First, catch up with Amazon. Second, make deals in China

Left to right: woman shopping; Carrefour Market in Voisins-le-Bretonneux (Credit back photo by Lionel Allorge; 上海千花社区 上海千花网交友front photo by Pixabay)

Carrefour, second only to Walmart in the retail world, has big plans to change.

New CEO Alexandre Bompard has earmarked $4.5 billion over four years six times their current investment in e-commerce in a bid to catch up with other online retailers like Amazon, who s rumored to be looking at making a jump into the European market which Carrefour currently dominates, according to The Business Times.

The company als阿爱上海同城 阿拉爱上海同城o cut a deal with Chinese tech company Tencent and retailer Yonghui giving the two firms a stake in the long-embattled Carrefour China, tho新爱上海同城对对碰论坛 上海同城对对碰交友社区ugh Carrefour retains the largest stake. [Business Times] Erin Hudson

Tags: big box retail, china, Commercial Real Estate
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The Real Deal Panel

Experts talk LA housing shortage, millennials and the “LAIR” at The Real Deal s Westside forum The Real Deal panelists explored the future of residential development

Kacy Keys, Tom Wulf, Tami Hardee, Steve Fifield, Jeffrey Cooper and Hiten Samtani

It’s no secret that Los Angeles has a serious shortage of affordable housing. Gubernatorial candidates are pledging a dramatic increase in new housing and Mayor Eric Garcetti is claiming state Senate bills don’t do enough.

In the Westside, home prices have skyrocketed amid low supply. Proximity to the beach has always helped.

The residential real estate market took center stage at The Real Deal’s Westside forum on Wednesday at the Water Garden in Santa Monica, where experts in a variety of industries offered insight on existing conditions and what the future may bring.

“There’s a misguided impression that we have an affordable problem,” said one of the panelists, Fifield Companies’ founder and CEO Steven Fifield. “We actually have more of a workforce housing problem.” Fifield said that Angelenos at the top and the low end of the job wage-earning scale have housing, but those in the middle are struggling to find places to live.

Residential brokerage owner Tami Pardee, the panel’s residential expert, said there has been an increase in the number of people sharing bedrooms so they can afford to live in Venice. Her clients, many of them Silicon Beach techies who work at places like Snapchat and Google, aren’t exactly low-wage earners, either.

“There’s gotta be some changes made on a public level,” she said.

Tom Wulf, an executive at Lowe, said the city’s building regulations, particularly regarding density, need to be addressed. “We need a global change.” In 2016,上海贵族宝贝 上海千花网龙凤论坛 voters did approve Measure JJJ, which allows for higher density residential constructions near transit stations and those in which the developer includes affordable units.

Culver City Mayor Jeffrey Coop阿拉爱上海同城 爱上海龙凤419桑拿er, meanwhile, was on the hot seat. Cooper, who is about a month from ending his second term, agreed that Westside has a housing problem, but acknowledged his “NIMBY-istique” reservations about building vertically on his home turf.

“Culver City was a blue collar city,” Cooper said. “We understand the needs of people moving in, but [they’re] very different than they were 30 years ago.”

Those people are now increasingly tech-oriented. The Westside city has attracted the likes of Apple and Amazon in recent months, prompting Hiten Samtani, TRD’s digital editorial director and panel moderator, to nickname Culver City a “tech Mecca.” Cooper, relishing that name, requested to “sit on that” for a minute.

“Tech is integrating into so many different fields that I don’t see it fading out,” Cooper said. “Tech itself is here to stay.”

But tech is not the answer for everyone. Seritage Growth Properties’ Kacy Keys said she’s not actively seeking a tech tenant for her firm’s adaptive reuse project at the historic Sears on Colorado Avenue in Santa Monica.

“One of[……]

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Real Estate Technology

How one mortgage lender is trying to compete against cold hard cash Colorado company Eave has launched software that automates mortgage applications and gives buyers a decision within two days.

(Credit from left: 401(K) 2012; Nick Youngson CC BY-SA 3.0)

After all-cash deals dominated about a third of home sales last year, the takeaway for lenders and banks was they needed to expedite mortgage applications before a co上海贵族宝贝 上海千花网龙凤论坛mpetitor did.

Bank of America began allowing buyers to access loans worth up to 80 percent of their home following an all-cash purchase, and Better Mortgage Corp. started testing on a system 爱上海同城 爱上海to allow them to underwrite mortgages within a day.

N上海千花社区 上海千花网交友ow, a Colorado-based and operated company, Eave, is going a step further launching a new software that automates mortgage applications and decisions, according to I上海千花社区 上海千花网交友nman. The system provides buyers with a response within two days based on 10 documents.

The company targets loans for high-end homes, from $665,000 up to $8 million, and was founded by a C-suite line-up that counts a Capital One executive and Hailo executive among its ranks. Its backers include Bessemer Venture Partners and Two Sigma Ventures. [Inman] Erin Hudson

Tags: Mortgages, Residential Real Estate, Tech
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Brendan Aguayo

Why Brendan Aguayo, Brooklyn s top agent, thinks the borough still has room to grow The Real Deal recently ranked Aguayo’s team as No. 1 in Brooklyn

Brendan Aguayo and a view of Park Slope (Credit: Halstead and iStock)

Brooklyn is booming, and top agent Brendan Aguayo doesn’t think the boom will slow down anytime soon.

When Brendan Aguayo was growing up in Park Slope, his mother’s friends viewed Fifth Avenue as the neighborhood’s Mason-Dixon line. Things are different now.

“People have been talking about Fourth Avenue since 2002 when they rezoned the avenue,” he said. “But if you look at the pipeline that’s happening on that avenue and things that are happening within DOT that are physically going to change the median and the structure of the avenue and all the new retail, that’s new to me. Gowanus, that’s new to me.”

Aguayo has been in the real estate business for nearly two decades, and The Real Deal recently ranked his team at Halstead as number one in Brooklyn with about $289.7 million worth of sales across 172 deals in 2017. He has worked in the industry since high school, when he would rush from football practice to construction sites. His focus has always been on Brooklyn, and despite the borough’s explosive growth over the past few years, he maintains it can still expand even more—at least for now.

“I do see a lot of room for growth, at leas阿拉爱上海同城 爱上海龙凤419桑拿t in the next two years,” he said. “I think some of the new products that we’re working on now and some of the larger projects, they’re not going to be coming to market or even approved for probably another year or two.”

“In terms of five years or after that,” he continued, “I don’t really know.”

All in the Family

Like many brokers in the city, real estate runs in Aguayo’s family. His father was a developer and his mother Peggy Aguayo started her own brokerage in 1984. (The New York Times dubbed her the “czarina” of Park Slope real estate in 2004, a designation she and her son both still glow over.)

Before entering the world of real estate, he attended film school at Long Island University.

“I enjoyed producing. I shot some music videos. We wrote some stuff,” he said. “We were playing around I guess, in a way, but I took it seriously.”

He ultimately joined the fa上海龙凤论坛 新上海贵族宝贝论坛mily real estate business at the urging of his mother, who suggested he get his license. She then put him to work at her company, Aguayo and Huebener Realty Group, but warned him not to call her “mom” in the office.

Peggy Aguayo said their relationship at the firm quickly became symbiotic, as her son helped modernize the business. He took over the company’s development division in 2003, which remained his sole focus until 2008.

Aguayo said that year’s infamous financial crisis was one of the major inflection points of his career. He described watching its impact on the company’s agents as “soul crushing” and still calls it the biggest failure of his career, even though it was sparked largely by forces out of his contr爱上海 爱上海同城手机版ol.

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FedEx

LI Cheat Sheet: Mixed-use complex proposed in North Bellport, East Quogue development yields another lawsuit … more

Clockwise from top left: Crest Group proposes a mixed-use development on 52 acres in North Bellport; opponents sue to halt a proposed East Quogue housing development with golf course; Suffolk County resubmits bid for former Kmart site in Middle Island; and a proposed FedEx warehouse in Bethpage gets $3.1 million in tax breaks.

Crest Group seeks North Bellport development with assisted living component
A mixed-use development that will include rental housing, assisted living and some retail on 52 acres of vacant land in North Bellport has been proposed by the Crest Group, Long Island Business News reported. The company wants to get approval for a planned development district zoning overlap from the Town of B阿拉爱上海同城 爱上海龙凤419桑拿rookhaven. The property, located north of Sunrise Highway and east of Station Road, is currently zoned for light industrial use. As proposed, the development would have 150 units with no age restrictions, 60 units for people 55 and older, as well as a 120-bed assisted living facility. The project would also include a 100,000-square-foot self-storage facility and 65,000 square feet of retail. The Crest Group and its partner at the time, the Matrix Group, acquired the land in late 2013 through a deed-in-lieu-of-foreclosure deal with its former owner, Syosset-based developer Blumfeld Development Group, and Old Dock Associates, a noteholder that had an interest in a part of the property. [LIBN]

Opponents sue to halt controversial East Quogue development
Environmentalists, civic leaders and a state assemblyman sued to overturn a Nov. 15 decision by the Southampton Town Zoning Board of Appeals that would allow a luxury development and golf course to move forward in East Quogue, Newsday reported. The plaintiffs, including a group of East End nonprofits, argued that the board s decision violated New York s Open Meetings Law by not allowing for debate before approving the proposal by Discovery Land Company, an Arizona-based firm controlled by real estate tycoon and George Clooney pal Mike Meldman. In the mid-November vote, the board ruled that the development s 18-hole golf course could be considered an accessory to a residential subdivision and therefore meets current zoning rules. If completed, the development would include an 118-unit subdivision on 591 acres over an environmentally sensitive area. The project, once known as The Hills, has previously been voted down by the board, prompting Discovery Land to sue Southampton. That litigation is pending. [Newsday]

Affordable housing complex advances in Port Jefferson Station
The Brookhaven Town Planning Board has moved ahead with a $25 million affordable housing complex by developer Ralph Fasano in Port Jefferson Station, Newsday reported. Fasano wants to build 77 apartment units and ho上海龙凤论坛 新上海贵族宝贝论坛pes to start the 18-month project in January. Some of the apartment units will be specifically s[……]

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The We Company

The We Company laid off as many as 300 employees this week The company says it plans to hire 6,000 workers this year

The We Company laid off as much as 3 pe新爱上海同城对对碰论坛 上海同城对对碰交友社区rcent of its workforce this week.

The We Company, the SoftBank-backed co-working giant that was last valued at $47 billion, laid off as m上海夜网论坛 上海夜网any as 300 employees this week, The Real Deal has learned. That s about 3 percent of its workforce and the biggest number of layoffs since its inception.

The company formerly known as WeWork has conducted layoffs globally, across its three divisions: WeWork, WeGrow and WeLive, according to sources.

Asked to comment, the We Company, which says its headcount is roughly 10,000, said that it plans to hire 6,000 employees this year, or 500 per month.

Our global workforce is now more than 10,000 strong, and we remain committed to continuing to grow and scale in 2019, the company said in a statement.

The company is said to be conducting annual reviews this week and the layoffs are being positioned as performance related, sources said. The We Company last conducted a series of layoffs in 2016, when the startup was valued at $16 billion. At the time, it let go of 7 percent of its more than 1,000-person workforce and cut back on perks such as salmon-and-bagel breakfasts. At the time, the company told Bloomberg it would resume hiring and increase its headcount that year.

Despite the latest cuts, the company remains in a state of rapid expansion. SoftBank abandoned a $16 billion majority-stake investment in the company earlier this year, reducing its commitment to $2 billion. That deal gave the company a $47 billion valuation, and the company now says it has $6 billion in cash and cash commitments.

The firm has signed a series of big deals this year, including a 200,000-square-foot lease at 199 Water Street, and leases for 110,000 squ爱上海龙凤419桑拿 上海龙凤论坛sh1fare feet across four locations for its HQ by WeWork platform, a service that provides spaces for companies without WeW上海贵族宝贝交流区 上海贵族宝贝论坛ork branding.

This month, WeWork Property Advisors, an investment vehicle managed by the We Company and private equity firm Rhône Group, closed on an $850 million deal for the Lord Taylor’s former Fifth Avenue flagship. The We Company will redevelop the property and use part of the building for its headquarters.

Tags: Commercial Real Estate, The We Company, wework
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87

Here s what the $10M-$30M NYC investment sales market looked like last week A 6-story building in Jamaica sells for $16M

35-46 and 35-66 Junction Boulevard in North Corona and 87-40 165th Street in Jamaica (Credit: Google Maps)

UPDAT上海千花网论坛 上海千花网E: May 9, 2019, 2:20 p.m.: Transactions in Queens dominated last week s mid-market investment sales world, according to property records filed with the New York City Department of Financ爱上海同城 爱上海e. Here are the details.

1.) BG 37th Avenue Realty LLC, an entity registered to the headquarters of supermarket chain Food Bazaar Supermarket, bought two one-story commercial buildings at 35-46 and 35-66 Junction Boulevard in North Corona for $25 million. Both selling entities — 148 Jamaica Ave. Company LLC and 40-16 National Associates LLC — are registered to the same address i爱上海同城手机版 新爱上海同城对对碰论坛n Bellerose and had owned the buildings for years.

2.) In Jamaica, an entity managed by Eric Silverstein parted with the Hillside House, a six-story apartment building at 87-40 165th Street, for $15.75 million. The buyer of the complex, which spans about 121,000 square feet and has 119 units, according to the city s zoning and land use map, was another limited liability company with Rajmattie Persaud as authorized signatory. Castellan Holdings provided $13 million in financing for the deal. The property, run by late landlord Harry Silverstein, had been the subject of a lawsuit last year filed by its tenants, who alleged the landlords didn t fix a host of issues at the complex.

Correction: A previous version of this article including the incorrect buil上海千花网论坛 上海千花网ding size 上海贵族宝贝交流区 上海贵族宝贝论坛and price per square foot for 87-40 165th Street. The information has since been corrected.

Tags: Commercial Real Estate, Investment Sales, Queens
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” mad world 2 ” content is made end numerous prepare an user to increase brand-new award

By Double Fine responsible development is made, through FIG numerous prepared behavioral game ” mad world 2 (Psychonauts 2) ” newest prevue was released on TGA2018, this is afterwards game after be being announced formally vermicelli made from bean starch people expect long already new information. The development group of this game released newer plan to report on FIG recently, announce ” mad world 2 ” had entered Alpha phase.
In developing plan to report, double Fine released the process of prevue of the TGA2018 that make, as a result of at that time ” mad world 2 ” preparing to enter Alpha phase, the pressure that causes the prevue that make so is greater, catch up with TGA in time fortunately nevertheless. At present ” mad world 2 ” development work has entered Alpha phase, the content that this shows game is due has been made end, what need next is many subtle burnish. Additional, numerous to support prepared user, double Fine prepared brand-new award, that is the model of RAZ of series leading role, although look like,be Amiibo, not be nevertheless! ” mad world 2 ” predict will 2019 put on sale, land PC, PS4 and XboxOne. [……]

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Ren Tiantang: At present Switch won’t depreciate to also won’t choose new leader

When accepting day of intermediary to produce classics news to interview, ren Tiantang’s president is ancient plain Jun Tailang expresses, ren Tiantang is current only dedicated and current Switch, replace model or was not being rolled out is depreciating plan. Consider Switch is current so successful, this kind of idea does not consider Ren Tiantang accident. Ren Tiantang is current money year (end on March 31, 2019) the target inside is to let Switch sales volume achieve 20 million, be like,when the Ren Tiantang that be asked about this plan makes progress when, gu Chuanjun too man reply says: “This is one has ambition extremely, but achievement of special also worthiness. So, we will hold this end. Switch is our main sale target, we also take no account of a succession now lead plane and depreciate. ” Switch put on sale just two years of time, before type of a succession is being rolled out to I am sorry apparently inside so short time buy the home. Ren Tiantang’s president is ancient plain lead plane also has discussed before Jun Tailang the thing of the iteration intermediate, but what he states this kind of thing happens in lead plane cycle commonly is final, for instance PS4 Pro is mixed Xbox One X. [……]

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