The Real Deal New York

Posts Tagged ‘bcre’

  • Brack Capital Real Estate, the developer behind the James New York, the Olcott and 15 Union Square West, has just acquired the development site for its latest Manhattan project: a 290-room Hotel Indigo at 180 Orchard Street. The Lower East Side project, a joint venture with InterContinental Hotels Group, will also include retail and parking when it opens in 2013. BCRE and IHG paid $46 million for the site in an all-equity transaction, the partners announced today. Among the property’s planned features: a restaurant, bar, fitness center and outdoor pool. TRD[more]

  • Last week, back when it wasn’t raining non-stop in New York City, the real estate industry convened in 15 Union Square West’s Penthouse 11 for an art, architecture and design showcase, “TENTOONSTELLING,” by the Going Dutch Foundation. The event, hosted by Avenue magazine, developer Brack Capital Real Estate and building marketing team Brown Harris Stevens Select, was put on in conjunction with the 23rd annual International Contemporary Furniture Fair. In addition to the collection of Dutch artwork, design pieces and architecture models on display, the penthouse itself, designed by Vincente Wolf, was officially unveiled. The three-bedroom, three-and-a-half-bathroom spread is on the market for $10.7 million. Check out photos from the event in the slide show above. TRD