Related Begins Rentals at 261 Hudson St.

261hudson

NEW YORK – The Related Corporation has begun leasing at 261 Hudson, a 12-story building with 160 apartments in the West SoHo neighborhood of Manhattan. Residents will start moving into the building on April 15. Pricing for available residences begins at $3,695 for studios, $4,750 for one-bedrooms and $7,595 for two-bedrooms. Designed by Robert A.M. …

Read More

Pembrook Provides $6.2 Million Loan for Brooklyn Building

pembrook_logo

NEW YORK — Pembrook Capital Management announced they have closed a $6.2 million first mortgage loan that will finance the construction of a 21,341 square-foot mixed-use property located at 144-146 West Street in Greenpoint, Brooklyn. The sponsor, a repeat Pembrook borrower comprised of multiple developers with a strong track record of developing similar property types …

Read More

RealConnex Connects With $3.5 Million Investment

  NEW YORK — RealConnex — a networking platform connecting real estate professionals to capital, investments, and services — has closed a $3.5 million strategic financing round led by Silver Portal Capital (SPC), a boutique real estate investment and merchant banking firm. RealConnex was founded in 2013 by Roy Abrams, a technologist-turned-real-estate-developer, to solve a problem …

Read More

CIM Group Buys Gilman Hall Site From Mt. Sinai

NEW YORK — Real estate manager CIM Group announced that it has purchased the Gilman Hall site from Mount Sinai Beth Israel, a property on the East Side of Manhattan which includes the 146,000-square-foot Gilman Hall Tower and contiguous parcels in Manhattan. The purchase price wasn’t disclosed. Built in 1969, the Gilman Hall Tower is …

Read More

Empire Realty Trust Signs 10 Leases in 5 Months

NEW YORK CITY – Empire State Realty Trust, Inc. (NYSE: ESRT), which owns the Empire State Building and commercial properties in the NY metro area, said it has signed ten leases for nearly 150,000 square feet at its Class A office properties in Westchester and Fairfield counties since October. Nine of these deals involved new …

Read More

One57 Sells $169 Million in Condos in Six Months

one57aerial

NEW YORK — Extell Development Company announced another sales achievement for its luxury condominium tower, ONE57. In the last six months, the landmark building – with the most expensive condominium sale in New York City history – achieved over $169 million in 12 sales, including the last full floor residence and eight residences from the recently …

Read More

New Affordable Apartments Ready in the Bronx

Omni_New_York_LLC

BRONX — Omni New York LLC  has celebrated the opening of its Morris Avenue Apartments affordable housing complex located at 655 Morris Avenue in the Bronx, which will provide 176 new units of mixed income housing for New York families and formerly homeless, including formerly homeless veterans. 87 percent of the units are reserved for tenants …

Read More

Midtown-East River Tower Renamed Oriana

Rooftop lounge at the Oriana.

NEW YORK — Slate Property Group and GreenOak Real Estate announced the redevelopment of River Tower with a new name Oriana. The 38-story, 311-unit rental building property, originally constructed by real estate mogul Harry Macklowe in 1982, is undergoing a complete renovation, dramatically upgrading all units, common spaces and amenities. The Sutton Place neighborhood in Midtown East of Manhattan …

Read More

Berkshire Hathaway Real Estate Arrives in NYC

NEW YORK — Berkshire Hathaway HomeServices has entered the New York City market with the addition of Manhattan real estate veteran Ellie Johnson. She has joined the network to direct its first New York City affiliation, Berkshire Hathaway HomeServices New York Properties. Johnson and New York Properties are part of the Berkshire Hathaway HomeServices New England Properties/Westchester Properties …

Read More

Ryan Serhant to Sell Gates Condos in Bed-Stuy

gatescondo

BROOKLYN —  Realtor Ryan Serhant and his team at Nest Seekers International are exclusively representing a new 8-unit boutique condominium in Bedford–Stuyvesant: Gates Condos at 368-370 Gates Avenue. Four units are currently available for sale, starting at $999,000. The building was developed by Tower Real Estate Investments. The building’s units are all true two-bedroom apartments, with outdoor space; …

Read More

Sales Begin for Upper West Side Condos

101w78

NEW YORK — GTIS Partners, a New York-based developer and real estate investment firm, has begun sales for 101 West 78th Street, a highly-anticipated condominium conversion project on Manhattan’s Upper West Side, directly across the street from the Museum of Natural History. Built in the late 19th century and designed by Emile Gruwe, 101 West …

Read More

SS&C Moving to 4 Times Square

SS&C Technologies Holdings, Inc. (SSNC), a global provider of financial services software and software-enabled services, has signed a 15-year lease for 135,571 square feet on the entire fifth and sixth floors and partial seventh floor at 4 Times Square, formerly the Conde Nast building. The company expects to move to 4 Times Square in mid-2017. …

Read More