Nine months after plans for their first Los Angeles office came to light, Douglas Elliman has signed a lease for a location in Beverly Hills, Calif. The shop at 9440 Santa Monica Boulevard will open in mid-March, a representative for Elliman confirmed. Tom Dunlap, formerly with L.A.-based brokerage John Aaroe, will head the office with the help of Cory Weiss, formerly an associate partner at Beverly Hills-based Partners Trust, the representative said. Dunlap held the title of executive vice...

Upper East Side residents have so many real estate-related reasons to fume these days. If it’s not the waste transfer station, then it’s the rat army unleashed by the Second Avenue subway construction — to say nothing of the overcrowded trains that one tweeter described as “Mumbai with a Bronx attitude.” Now, add to the list a proposed 750,000-square-foot hospital facility that won approval yesterday from the City Planning Commission for a “bulk variance,” allowing the behemoth proposal to go...

A 3.75-acre industrial site in South Williamsburg that has been approved for residential development premiered three months ago asking $210 million – an amount that would top the record for a development site in the borough, set by the $185 million sale of the Domino Sugar factory last year. But the site is not attracting the interest brokers anticipated. Bids for the parcel have ticked in around $150 million, Gabe Saffioti, a broker with Eastern Consolidated who is offering the property with...

Smorgasburg, the hipster food stall hangout founded by developer and blog entrepreneur Jonathan Butler, is on the brink of inking another deal to operate on the Williamsburg waterfront, a state official said. But in a tussle that pits two key Williamsburg demographics against each other, parents are fighting an uphill battle to keep the foodies from trashing the park. The popular event, which brings food and craft vendors from around the region to East River State Park, will likely have its...

Another day, another lawsuit against the Malkin family, the former majority owners of the Empire State Building who placed the iconic building in a publicly traded REIT last year. This suit, filed by former investors last week in New York State Supreme Court, claims that they lost $600 million when the Malkins allegedly breached their fiduciary duty. The lawsuit follows a $500 million claim lodged by investors last month — and a slew of other suits that preceded the initial public offering...