Whatever else can be said about 2013, it marks the end of an era in real estate. After 12 years presiding over a seemingly boundless real estate market — even with a catastrophic crash wedged in the middle — Mayor Michael R. Bloomberg, one of the biggest boosters of development in the city’s history, is on his way out. “Everybody in the...

David Cone, the former Yankee and Mets player, recently checked out some full-floor apartments at The Charles, at 1355 First Ave., where sales are handled by Town Residential. Cone — who has five World Series rings and is now a YES Network TV personality — also played for the Boston Red Sox and spent the last of his stellar 17-year Major...

Jason Kidd, the 10-time NBA All-Star — who is not exactly getting stellar reviews in his current role as head coach of the Brooklyn Nets, despite its $100 million payroll — has also been busy house hunting in New York. Kidd was recently spotted leaving Town Residential’s sales office in the Crown Building for the new Charles apartments at 1355 First...

The first full-floor tower concept of its kind in New York City, opened its doors for sale to the public this month. The Charles offers nearly all of its 32 floors as coveted, full-floor condos with private keyed entrances. Already, some $74 million worth (or 24 percent) of the homes have been bought by New Yorkers and international buyers since the October...

Bluerock’s Total Income+ Real Estate Fund (the “Fund,” ticker: TIPRX) announced today it paid a third quarter dividend of $.23 per share for shareholders of record on September 27, 2013. The Fund began trading on October 22, 2012 and closed the quarter as of September 30, 2013, with a year-to-date and inception-to-date total return of 11.50% (Class A shares, excluding...

Bluerock Real Estate’s the Charles, a condominium building stocked with only full-floor, four-bedroom residences on the Upper East Side, hit the market today. The building, located at 1355 First Avenue between East 72nd and East 73rd streets, has properties ranging in price from $5.82 million for a 3,637-square-foot third-floor unit to a $10.26 million, 3,600-square-foot home on the 27th floor. Ismael Leyva...

New stats from Olshan Realty confirm market trends: the sheer number and magnitude of 2013's sales have blown 2007's figures out of the water—making this year a record-setter already. The Wall Street Journal cites new, stratospheric-sounding stats. Out of all the real estate deals that have gone into contract this year—and remember, we're only nine months in—$8 billion of them...

Bluerock Real Estate, LLC is pleased to announce that Jaroslav “Jari” Vasicko has joined Bluerock Capital Markets, the company’s managing broker-dealer. Mr. Vasicko joins as Regional Vice President and sales professional for the Southeast Region, where he will support registered representatives and financial advisors. With more than a decade of experience as a wholesaler in the Atlantic states, Mr. Vasicko maintains...

Bluerock Multifamily Growth REIT (‘BMG’ and ‘Company’) today announced that, following its meeting with the Board of Directors, and in conjunction with the ongoing exploration of strategic alternatives to enhance the growth of its portfolio, the Company has decided to terminate the follow-on offering of its common stock effective September 9, 2013. “It’s our belief that terminating the follow-on offering will...

Bluerock Multifamily Growth REIT (“BMG” and “the Company”) announced today the appointment of Christopher Vohs to serve as Chief Accounting Officer of the Company. Mr. Vohs replaces Jerold Novack, who has stepped down as Senior Vice President and Chief Financial Officer of the Company. Mr. Novack retains his positions as Chief Financial Officer and Senior Vice President – Asset Management of...