The Real Deal New York

Posts Tagged ‘mitchell hochberg’

  • Mitchell Hochberg

    Mitchell Hochberg

    UPDATED, 4:40 p.m., Oct. 5: The Lightstone Group is no stranger to public, non-traded real estate investment trusts geared toward particular markets, having sponsored and launched four separate such funds in the past decade.

    But the company’s latest – Lightstone Real Estate Income Trust or LREIT, which kicked off earlier this year – is its first focused specifically on the New York City market, and Lightstone hopes to raise $300 million through the platform for real estate-related investments throughout the city. [more]

  • From left Mitchell Hochberg and 485 Seventh Avenue

    From left Mitchell Hochberg and 485 Seventh Avenue

    The Lightstone Group bought a 16-story building at 485 Seventh Avenue for approximately $200 million. [more]

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  • fulton-lightstone

    From left: Old and new plans for 112-118 Fulton Street, and Lightstone Group’s Mitchell Hochberg

    After the state denied its bid for a 421a tax abatement, Lightstone Group has opted for a leaner look for its mixed-use tower project at 112-118 Fulton Street in the Financial District. [more]

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  • Lightstone Group names new president

    December 13, 2012 08:30AM

    Peyton Owen and Mitchell Hochberg

    The Lightstone Group, one of the country’s largest private real estate owners, will promote Chief Investment Officer Mitchell Hochberg to president of the firm, when current president Peyton Owen retires, representatives for the group told The Real Deal. The firm has recently ramped up its New York City presence, with projects in Brooklyn, Queens and the Bronx. The group owns multifamily, office, industrial, hotel and retail properties in 19 states. … [more]

  • Existing home sales down in NYC metro area

    September 23, 2010 11:30AM

    After a dramatic 27.2 percent tumble in July, existing U.S. home sales posted a modest recovery in August, rising 7.6 percent to a seasonally adjusted annual rate of 4.13 million units, according to a report from the National Association of Realtors, released today (see the data below). That’s down 19 percent since August 2009, when home sales — including single-family houses, townhouses, condomin … [more]