The Real Deal New York

Posts Tagged ‘eastern consolidated’

  • joseph-greene

    72-76 Greene Street and Joseph Ettedgui

    London-based fashion retail chain Joseph has decided to remain at its Soho pop-store, inking a long-term lease on the 7,500-square-foot space.

    The store at 72-76 Greene Street will hold onto its 3,950 square feet on the lower level and 3,400 square feet on the ground floor. Joseph, founded by the late Moroccan hairdresser Joseph Ettedgui, also recently opened an outpost at 1061 Madison Avenue near East 81st Street. [more]

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  • 131 Duane Street

    131 Duane Street

    One of Tribeca’s last remaining cast-iron loft buildings, currently home to City Hall Restaurant, has changed hands for $18.5 million. [more]

  • Knakal-303-Kornblum

    From left: Robert Knakal, 303 East 37th Street (Photo credit: PropertyShark) and Marcy Kornblum

    The board that leads the residential cooperative at 303 East 37th Street in Murray Hill is testing the waters for a sale of the entire building as a development site in a transaction that could bring in about $100 million, sources familiar with the building told The Real Deal. [more]

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  • harlem-eastern

    121 West 120th Street and Ronda Rogovin

    A pair of walk-up rental buildings in Harlem changed hands for $3.3 million as the Upper Manhattan multi-family market heats up.

    The three-story, eight-unit brownstones at 121 West 120th Street and 146 West 120th Street offer a combined 9,270 square feet. The buildings are across the street from each other, between Adam Clayton Powell and Malcolm X boulevards. Eastern Consolidated’s Ronda Rogovin and Chad Sinsheimer represented the seller. [more]

  • 1790 Third Avenue

    1790 Third Avenue

    An Israeli investor has closed on the purchase of a development site at 1790 Third Avenue, paving the way for construction of a new 52-unit residential rental building, The Real Deal has learned. [more]

  • Eastern Consolidated's Peter Hauspurg

    Eastern Consolidated’s Peter Hauspurg

    The New York City real estate market may go up and it may go down, but it is never flat, according to Peter Hauspurg, chairman and CEO of Eastern Consolidated. more

  • eastern-retail

    From left: Alexander Hill, Jeff Geoghegan, Ravi Idnani and James Famularo

    UPDATE, 5:00 p.m., Jan. 17: Brokers James Famularo, Alexander Hill, Jeff Geoghegan and Ravi Idnani have been recruited to head up Eastern Consolidated’s new retail leasing division, according to a release from the firm. The Midtown-based brokerage announced plans to assemble a retail leasing team, a little more than a year after it launched a retail investment sales group that is headed by senior director Adelaide Polsinelli, as The Real Deal reported in November. [more]

  • From left: David Schechtman, Lipa Lieberman and 334-336 West 46th Street

    From left: David Schechtman, Lipa Lieberman and 334-336 West 46th Street

    A pair of Midtown buildings formerly controlled by real estate developer Ben Zion Suky, the right-hand man of embattled Rabbi Yoshiyahu Pinto, sold at auction to Solly Assa’s Assa Properties for $9.5 million, The Real Deal has learned. [more]

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  • Lipa Lieberman, Gabriel Saffioti and 160 East 117th Street

    Lipa Lieberman, Gabriel Saffioti and 160 East 117th Street

    Upper Manhattan landlord Moshe Gold of East Harlem Developers sold two eight-story rental buildings in East Harlem for a combined $23.5 million, The Real Deal has learned. [more]

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  • adelaide

    Adelaide Polsinelli and 1128 Third Avenue

    A building at 1128 Third Avenue near East 66th Street has sold for $9.5 million — a jump from the $6.5 million it fetched in 2010.

    Chicago-based investment firm L3 Capital handed off the 5,300-square-foot, four-story site to an undisclosed investor. Adelaide Polsinelli of Eastern Consolidated, who represented L3 Capital in the deal, said the 46 percent increase in price is part of the neighborhood impact of the upcoming Second Avenue subway renovation. [more]

  • di-blasi

    From left: 112-21 Northern Boulevard in Corona and Gerald Caliendo’s proposed rendering

    Flushing, Queens-based development firm Fleet Financial Group, led by Yi “Richard” Xia, has acquired a triangular site in Corona, with plans to redevelop its 357,000 buildable square feet, The Real Deal has learned. [more]

  • From left: 1217 47th Street, Gabe Saffioti, Nicole Rabinowitsch and 1314 46th Street

    From left: 1217 47th Street, Gabe Saffioti, Nicole Rabinowitsch and 1314 46th Street

    A portfolio of apartment buildings in Borough Park, Brooklyn has hit the market asking about $50 million, the brokers representing the seller told The Real Deal. [more]

  • 320-west-37th

    From left: David Schechtman, 320-324 West 37th Street and Robert Franco

    Real estate investors Isaac Chetrit and Ray Yadidi are in contract to buy a 15-story loft office building in Hell’s Kitchen from the Albanese Organization for $37 million, The Real Deal has learned.

    The 100,000-square-foot building at 320-324 West 37th Street, between Eighth and Ninth avenues, features 93,244 square feet of office space and 7,000 square feet of retail space. There are a total of 28 commercial units, nearly all of which are currently leased. [more]

  • Adelaide Polsinelli

    Adelaide Polsinelli

    Retail property sales hit $445 million in the third quarter, up three times from the first quarter of this year, according to a December market report from commercial brokerage Eastern Consolidated.

    Growing confidence among national, international and local buyers buoyed the numbers, Adelaide Polsinelli, senior director at Eastern Consolidated, said. She also pointed to the recent repeal of the so-called 80-20 rule, which capped residential co-ops buildings’ gross income from ground-floor retail at 20 percent, as giving the market supply a boost. [more]

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  • Peter-Hauspurg_-Daun-Paris-507x416

    From left: Peter Hauspurg and Daun Paris

    For the first time, the 32-year-old investment sales firm Eastern Consolidated is dipping its toes into retail leasing, industry sources said.

    The firm is assembling a retail leasing team, a little more than a year after it launched a retail investment sales group that is headed by Adelaide Polsinelli, a senior director at the firm. [more]

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  • schechtman-cafeteria

    161-165 West 17th Street and David Schechtman

    A six-story Chelsea building which houses hip celebrity eatery Cafeteria is set to trade to a local multi-family investment company for $37 million, or $696 a square foot, The Real Deal has learned.

    The property, at 161-165 West 17th Street, hit the market in July and was marketed by David Schechtman of Eastern Consolidated for $45 million. Schechtman declined to comment on the deal, saying only that the building was no longer available for sale. [more]

  • 76-80-meserole-street

    76-80 Meserole Street (Inset: David Schechtman)

    Shifra Hager’s Cornell Realty Management is asking $38.5 million for a 61,000-square-foot Williamsburg multi-family rental building. [more]

  • From left: Warburg's Gordon Roberts, 124 West Houston Street, David Schechtman and Alexander Erdos of Eastern Consolidated

    From left: Gordon Roberts, 124 West Houston Street, David Schechtman and Alexander Erdos

    A team of residential and commercial brokers is pairing up to market a multi-family building in Greenwich Village — the former home of conceptual artists Arakawa/Gins — as a potential development site, art production show house, or single-family home, priced at $22.5 million. [more]

  • khodadian

    From left: Robert Khodadadian, 711 Madison Avenue and Adelaide Polsinelli

    Former Eastern Consolidated broker Robert Khodadadian, who was fired for allegedly sending a lewd video to a female intern, has beefed up his claims against his ex-employer, contending that the brokerage stiffed him on commissions for sales worth $80 million. [more]

  • From left: Eastern Consolidated's Adelaide Polsinelli and 421 West 54th Street

    From left: Eastern Consolidated’s Adelaide Polsinelli and 421 West 54th Street

    A 12,327-square-foot retail condominium at the Hit Factory is up for grabs, asking $8.7 million, the broker marketing the property told The Real Deal exclusively. [more]


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