Investment (Research Center)
Trading Spaces
The numbers are in and September registered some important commercial real estate deals. PropertyShark research shows the nine figure deals were based in Manhattan, outside of the Citibank Tower in Queens, but Brooklyn boasted some hot transactions as well. Here are NYC’s top 10 commercial real estate deals recorded in September 2015. #1 575-589 Lexington Avenue, Manhattan Sale Price: $510,000,000 Buyer: Angelo Gordon & Co Lp Seller: Normandy Real Estate Partners Midtown-based investment firm, Angelo Gordon & Co closed on 575 Lex, a 624,883 SF, 35 story office tower in late August. The building, built in 1958, offers 38…
Softer Suburbs?
National cap rate performance based on properties and portfolios of $2.5 million and greater
CRE Mogul Michael Fascitelli Talks Shop at NYC Panel
CPE attended the CREW Network’s luncheon to hear from Imperial Companies CEO Michael Fascitelli.
Behind the Scenes at the New Brookfield Place
CPE had the exclusive opportunity to tour the $250 million renovation with the New York chapter of the national Commercial Real Estate Women (CREW) Network.
New York City Spotlight: Sold!
(top 10 commercial sales recorded in June 2015)
