Great Neck Newswire
Comprehensive Real-Time News Feed for Great Neck, NY.
Results 1 - 6 of 6 for "u:therealdeal.com" in Great Neck, NY
A family-run firm based out of Great Neck on Long Island that made a splash buying distressed properties in the bear market has closed on a $24 million purchase of a West Village walk-up with retail tenants. Longtime owners Rosalyn and Norton Nesis sold the 1890s-era red brick and brownstone building at 61 Grove Street last month for $24 million, according to broker Joseph Arnold Smith of Friedman-Roth Realty Services, who represented both the buyer and the seller in the deal. Comment?
Rhode Island-based hotel investment and management firm Magna Hospitality Group acquired a 13-story Hampton Inn near John F. Kennedy International Airport in Jamaica for $41.4 million, according to property records filed with the city today. The nearly 115,000-square-foot property at 144-10 135th Avenue, near 145th Street, holds 216 rooms. Comment?
Hotel developer Sam Chang of Great Neck, N.Y.-based McSam Hotel Group has added yet another Midtown West property to his portfolio with the purchase of the six-story Postgraduate Center for Mental Health for $50.8 million. Comment?
A small retail-acquisition firm out of Great Neck, L.I.'s Persian real estate community had a pretty active summer and is on track to spend more than $43 million on a handful of properties it's betting will command top dollar by the time their leases expire. Comment?
Landlords in New York City neighborhoods such as Chinatown, East Harlem and Flatbush have been increasingly offering buyouts to tenants as a tool of illegal harassment. Comment?
Less than a week after the opening of the Hilton Garden Inn Midtown East, developer Sam Chang closed on the sale of the 85,000-square-foot hotel for $85.3 million, according to property records filed with the city yesterday. Comment?
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