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40 Articles Found for National.
Fifth Ave Development Site Sold
A venture of Ceruzzi Holdings and Shanghai Municipal Investment USA have purchased a prime development site at 516-520 Fifth Ave. for $325 million from Thor Equities.
Lois Weiss
Roof Replacement Begins At NYCHA
Rooftop replacement construction has begun at Queensbridge Houses in Long Island City as the NextGeneration NYCHA continues to attempt to preserve and maintain NYCHA’s housing stock. Queensbridge North and South together make up the largest public housing development in North America, with over 3,000 units and over 7,000 residents.
Lois Weiss
Hightower Gets Strategic Investors
Hightower, a leasing management platform for the commercial real estate industry, has several new strategic investors, including Newmark Grubb Knight Frank; Barry Sternlicht, CEO of Starwood Capital; Bill Rudin, CEO of Rudin Management; and returning investor Aaron Levie, CEO of Box.
Lois Weiss
East Williamsburg Property Sells
Blesso Properties has purchased 525-545 Broadway, a development site in East Williamsburg, Brooklyn, for $33 million. The property can be developed to 190,000 sf and equates to nearly $170 psf, in a market that is trading in the $250 to $300 psf range. ATCO Properties & Management has provided $12.7 million of preferred equity to fund the acquisition.
Lois Weiss
Residential Building Sells
A multifamily and retail property at 455 Hudson St. in the West Village sold for $30 million. The price equates to $1,136 per unit for the 40 unit property.
Lois Weiss
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