On the Market: Bklyn Night Bazaar Ousted by BMW; Streit’s Matzo Cashes Out for $30.5M

A Hamilton Heights brownstone, which has been in the same family since 1945, is the subject of an ownership battle after thieves attempted to steal the deed, filing faulty paperwork with the city finance department until they were finally successful, according to DNAInfo, which reports that it is an increasingly common problem. After the family got a lawyer to fight the transfer, the thieves stepped up a campaign of harassment to oust them from the home.

On West 54th street two adjoining limestone and brick mansions are going on the market as a single listing for $65 million, according to The Wall Street Journal. Alas, the cost of conjoining the two houses at 9-11 W. 54th back into a single 22,500 square foot house is not included in the listing price, though the owners are hoping that 57th Street’s popularity among the rich will fetch them an unheard of sum for Midtown.

REBNY isn’t pleased with the solution that the mayor, the City Council and the hotel worker’s unions have come up with in response to legislation to turn hotel rooms into condos, according to Capital New York. Rather than blocking hotel conversions of more than 20 percent to condo without the approval as an as-yet to be created review board, the three parties agreed to a 2-year moratorium on all conversions exceeding 20 percent, which REBNY claims is unconstitutional.

Read Full Story: On the Market: Bklyn Night Bazaar Ousted by BMW; Streit’s Matzo Cashes Out for $30.5M

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