By Liana Grey Four years ago, Ruthann Richert bought a one-story bus garage in East Harlem, on 119th Street between First and Second Avenue. With … Continued
By Liana Grey Several years ago, F&T Group, a Queens-based development firm, began scouting sites for a new luxury tower. The company — best known … Continued
By Linda OâFlanagan The Trump Organization announced today that Kathy Kaye has joined the company as executive vice president of sales. Kaye will oversee all … Continued
By Liana Grey Prodigy Network and Prudential Douglas Elliman have entered into a co-exclusive collaboration regarding sales at Trump SoHo Hotel Condominium. Douglas Elliman Developments, … Continued
Citi Habitats data showed rent increases for all apartment types. By Roland Li Manhattan rents are shot up as vacancy rates remained low, according to … Continued
By Roland LiBarcelona-based Renta Corporación has sold 12 Warren Street to Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA) for $26.16 million, according to city records. A spokeswoman for Renta said the sale was part of an agreement for the company to refinance its long-term syndicated debt, which involves the sale of its assets. Officials at BBVA didnât respond to comment by press time.
By Roland LiIn May, an auction was held at One Hanson Place, a condo conversion that was formerly the Williamsburg Savings Bank. After years on the market, most of the 179 units had been sold by the Corcoran Group and Stribling & Associates. The building’s sponsor, Canyon-Johnson, a California fund, was ready to move on. It was far from a distressed sale – the remaining six units were prime apartments, near the building’s clock tower crown. During the marketing phase, Canyon-Johnson committed to selling two units, regardless of price. As the response increased, they raised it to three, and finally four during the auction.
536 Broadway, Thor Equities By Roland Li The Guardian newspaper is close to signing a lease at Thor Equitiesâ 536 Broadway for its Guardian America … Continued