Manhattan Newswire (Page 8)

Manhattan Newswire (Page 8)

Comprehensive Real-Time News Feed for Manhattan, NY. (Page 8)

Results 141 - 160 of 313 for "u:therealdeal.com" in Manhattan, NY

  1. Mahfar, Halpern selling new LES rental building for $61MRead the original story w/Photo

    May 24, 2017 | The Real Deal

    Samy Mahfar's SMA Equities and Halpern Real Estate Ventures are in contract to sell a 13-story Lower East Side rental building they developed two years ago, sources told The Real Deal . Gili Haberberg, a multifamily investor who runs Arkar Inc., is paying about $61 million for the 67,600-square-foot elevator building at 331 East Houston Street, located between Attorney and Ridge streets, said sources familiar with the negotiations.

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  2. City's HRA takes 200K sf at 375 Pearl StreetRead the original story w/Photo

    May 22, 2017 | The Real Deal

    The city's Human Resources Administration signed a lease for nearly 200,000 square feet at the former Verizon building at 375 Pearl Street, continuing a run of big-ticket leases in Lower Manhattan so far this year. The city agency signed a 20-year lease for 193,821 square feet in the building, sources told The Real Deal .

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  3. Stallone-backed boxing gym Rumble inks lease for entire UES buildingRead the original story w/Photo

    May 22, 2017 | The Real Deal

    Rumble, the trendy boxing gym concept backed by investors such as "Rocky" star Sylvester Stallone and Justin Bieber, has inked a deal for its third Manhattan location. The chain is leasing an entire five-story building owned by landlord Samy Mahfar at 1495 Third Avenue between East 84th and 85th streets, sources told The Real Deal .

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  4. From the archives: Neighbor, pass the croissantsRead the original story w/Photo

    May 20, 2017 | The Real Deal

    Welcome to the concierge age, which has brought hotel-style services like wake-up calls and reservation booking to upscale residential buildings. Now another hotel perk is spreading: the fancy breakfast.

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  5. Orbach sells four Upper Manhattan buildings for $44MRead the original story w/Photo

    May 19, 2017 | The Real Deal

    The Orbach Group sold four rental buildings to two different sets of buyers for $44.2 million, the company told The Real Deal. Yonah Halton's Halt Management, in partnership with investor B. David Schreiber and Rosewood Realty Group's Aaron Jungreis , bought three of the buildings, sources said. 1 comment

  6. GreenOak buys Thor out of UWS rentals in $190M dealRead the original story w/Photo

    May 16, 2017 | The Real Deal

    Clockwise from top left: 120 Riverside Drive, 125 Riverside Drive, GreenOak's Mark Van Zandt, Joe Sitt and 150 West 82nd Street GreenOak Real Estate bought Joseph Sitt's Thor Equities out of its interest in three Upper West Side rental properties in a deal valuing them at a combined $190 million, sources told The Real Deal . GreenOak closed this week on the buyout deal, paying about $130 million and $60 million to the joint ownership entity for two rental buildings at 120 and 125 Riverside Drive and one at 150 West 82nd Street, respectively, sources said.

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  7. Billionaire cuts $10M deal to build new residential building on Harlem church siteRead the original story w/Photo

    May 15, 2017 | The Real Deal

    After struggling to keep up with mounting expenses, a Harlem church is seeking to sell its property to billionaire Moujan Vahdat in a deal valued at $10.2 million. Vahdat, who heads Elmo Realty and Empire Development Fund, plans to take over and demolish the Metropolitan African Methodist Episcopal Church at 58 West 135th Street to make way for a new 30,000-square-foot residential building, court documents indicate.

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  8. Office startup Knotel signs deals for 93K sfRead the original story w/Photo

    May 10, 2017 | The Real Deal

    Flexible office space provider Knotel signed deals to take on an additional 93,000 square feet across five properties in Manhattan and Brooklyn. The deals, some leases and some management agreements, expand the startup's footprint in New York to around 250,000 square feet.

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  9. Who is Nicole Kushner Meyer?Read the original story w/Photo

    May 10, 2017 | The Real Deal

    From mostly unknown to getting quoted on the front page of every major national newspaper, Nicole Meyer Kushner has had an eventful few days. The younger sister to White House senior adviser Jared Kushner flew to China last week to promote a 1,467-apartment luxury tower in Jersey City under development by her family firm, Kushner Companies.

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  10. The 10 biggest Bronx deals in Q1 2017Read the original story w/Photo

    May 9, 2017 | The Real Deal

    Trades of residential buildings dominated the Bronx's investment sales market in the beginning of 2017, building on last year's trend in which more than half of the $3.3 billion invested in the borough came from residential developments According to data from Real Capital Analytics, seven of the 10 biggest investment sales deals in the first quarter of this year were for residential buildings, with the three largest purchases being multifamily apartment buildings. The borough's biggest sale by a wide margin was MDG Design + Construction's $78.1 million purchase of Michelangelo Apartments , a 498-unit apartment building on East 149th Street.

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  11. Top Savills Studley I-sales brokers leave for Park Hill GroupRead the original story w/Photo

    May 5, 2017 | The Real Deal

    Baker took the position of partner in the real estate group at Park Hill - which advises in areas beyond real estate, including private equity and hedge funds - while Hobbs joined the firm as a managing director, sources told The Real Deal . They will focus on sales, recapitalizations and financing.

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  12. Here's what the $10M-$20M NYC investment sales market looked like last weekRead the original story w/Photo

    May 4, 2017 | The Real Deal

    In the world of mid-market New York City investment sales last week, A&E Real Estate Holdings sold a three-building package in Queens for $12.9 million and Hubb NYC bought a mixed-use building in Hell's Kitchen for $12 million. 1.) A&E Real Estate sold three 16-unit rental buildings in Queens for $12.9 million.

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  13. These were the 10 biggest NYC real estate loans that closed in MarchRead the original story w/Photo

    May 3, 2017 | The Real Deal

    The largest New York City real estate loans that closed in March included a heap of refinancings but few construction financing deals. All but one of the top 10 transactions took place in Manhattan, and Morgan Stanley and Wells Fargo were lenders on two loans each.

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  14. Tahoe plans 47-unit condo in the South BronxRead the original story w/Photo

    May 1, 2017 | The Real Deal

    In a borough where market-rate condominiums are a rare breed, Tahoe Development just filed an offering plan for a 47-unit development in the South Bronx. The Joinery at 225 East 138th Street in Mott Haven has a total projected sellout of $25.3 million, according to a new filing with the New York state Attorney General's office.

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  15. These are the top 10 Manhattan office leases inked March 16-April 15Read the original story w/Photo

    Apr 28, 2017 | The Real Deal

    Though new office leasing activity has been relatively quiet in recent weeks, a handful of big-ticket renewals helped push the Manhattan market over 1 million square feet of space inked in the 30 days ending April 15, according to a review of leasing deals by The Real Deal . Together, the 10 biggest lease deals in Manhattan made public during this period account for 1,096,952 square feet of space.

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  16. 421a landmines: Attorneys sound off on program's uncertainties at panelRead the original story w/Photo

    Apr 27, 2017 | The Real Deal

    "Nothing is ever simple," he said during a panel on Thursday. "The future will be as confused as the last."

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  17. Yeshiva lands $140M loan from Argentic, Citi for five Manhattan propertiesRead the original story w/Photo

    Apr 26, 2017 | The Real Deal

    Yeshiva University refinanced five Manhattan properties with a $140 million mortgage from debt fund manager Silverpeak Argentic and Citigroup's Citi Real Estate Funding, property records filed with the city Wednesday show. The new loan on 2495 and 2520 Amsterdam Avenue in Washington Heights and 215, 245 and 253 Lexington Avenue in Murray Hill replaces $175 million in taxable bonds serviced by UMB Bank that had $125 million in unpaid principal outstanding.

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  18. Garment industry not on board with zoning change proposal, wants to stay in ManhattanRead the original story w/Photo

    Apr 25, 2017 | The Real Deal

    Clockwise from top left: Garment District, Industry City/Bush Terminal, the Brooklyn Army Terminal, Bill de Blasio and Joe Ferrara Mayor Bill de Blasio sees Sunset Park as the new landing spot for the city's fashion industry. The industry, however, doesn't seem to share that vision.

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  19. How I did it: Mary Ann Tighe on cracking a " and staying on top of a " the CRE brokerage gameRead the original story w/Photo

    Apr 19, 2017 | The Real Deal

    If you need to know what's going on in New York City politics, inside the high-powered boardrooms on Wall Street or among the city's cultural elite, book a meeting at CBRE's headquarters in the MetLife Building and keep your ears open. "I often joke, you could stand in the hall of 200 Park Avenue and learn more about what's happening in the city than almost any place you could go in New York," CBRE's Mary Ann Tighe said.

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  20. UK startup wants to profit from New York's retail vacancy epidemicRead the original story w/Photo

    Apr 19, 2017 | The Real Deal

    A British startup is looking to capitalize on Manhattan's rising retail vacancy rate by offering landlords a chance to list their empty storefronts as short-term rentals online. Appear Here, which opened a New York office in January and officially launched here on Wednesday, has signed exclusive deals to list pop-up stores for The Blackstone Group and is also working with other large landlords like Thor Equities and Simon Property Group.

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