Archive for the ‘New York’ Category

Norway fund pushing to buy Blackstone’s $2.2B 1095 Sixth

Source: The Real Deal Fresh off the acquisition of a 45 percent stake in Boston Properties’ 601 Lexington Avenue, the sovereign fund that manages Norway’s substantial oil wealth is making a play for Blackstone Group’s 1095 Sixth Avenue, according to a source familiar with the talks. A deal for the tower, expected to fetch up [...]

Ariel Property Advisors lists prime piece of real estate along Harlem’s bustling corridor

Source: NY Daily News This might be a developer’s dream. A prime piece of real estate directly across from the historic Apollo Theater is up for grabs on Harlem’s booming 125th St. corridor. The owners of 256 W. 125th St. Realty have enlisted Ariel Property Advisors to lease a block-through property that includes the site [...]

Kirsten Dunst’s Soho Penthouse is Renting for $12,500/Month

Source: Curbed NY Actress Kirsten Dunst—star of Spider-Man and the feel-good movie of the decade, Melancholia—just listed her lovely, fully-furnished two-bedroom penthouse at 533 Canal Street for $12,500/month. Dunst bought the place way back in 2007 for $3.09 million and completed a full gut-renovation shortly thereafter. Now, the apartment has “stunning” Hudson River views framed [...]

A wave of new New York City condos ranges from affordable to astronomical

Source: NY Daily News Another condo development wave is rising, but this time it might actually benefit real people. More than half of the 2,500 new apartments slated to hit the market in Manhattan this fall will be geared toward first-time and price-sensitive buyers, according to data from real estate firm Corcoran Sunshine Marketing Group. [...]

Real Estate Tycoon Chetrit Buys NYC’s ‘Dirtiest Hotel’ for $180M

Source: Jewish Voice NY New York real estate mogul Joseph Chetrit has purchased the infamous Hotel Carter for over $190 million. The once Times Square flophouse has been coveted by numerous hotel operators, developers, and investors around the globe. Joseph Chetrit was born in Morocco and has his roots in his family’s textile industry; he [...]