Office (NYC Spotlight)
Mostly Manhattan
Here are NYC’s top 10 commercial deals recorded in January 2016, a list dominated by both office and retail buildings in Manhattan: #10 329-331 Canal St., Manhattan Sale price: $24,000,000 Buyer: 6 Greene Realty Owner, LLC Seller: 6 Greene Street Associates, LLC This loft building located in SoHo’s Cast Iron Historic District offers 13,500 office square footage. It was acquired by 6 Greene Street Associates LLC in 1995 for an undisclosed price. #9 522-524 Fulton St. & 526-528 Fulton St., Brooklyn Sale price: $30,000,000 Buyer: CA 522 Fulton LLC, c/o Crown Acquisitions Inc. Seller: Bldg 522 Fulton LLC…
Manhattan Office Building Commands $115M
The Lower Manhattan building was considered one of the most modern in the area in its heyday in 1901, and a joint venture plans to restore its former glory.
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…
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.
