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Posts Tagged ‘Property Markets Group’

  • 29-37 41st Avenue in Long Island City and Kevin Maloney

    29-37 41st Avenue in Long Island City and Kevin Maloney

    The MTA is getting $56 million in a deal to sell air rights to Property Markets Group and joint venture partner Karman Hakim, who are planning to build a 77-story residential tower on Queensboro Plaza in Long Island City. [more]

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  • 29-37 41st Avenue and Kevin Maloney

    29-37 41st Avenue and Kevin Maloney

    A joint venture between Kevin Maloney’s Property Markets Group and the Hakim Organization wants to buy nearly $56 million worth of unused development rights and land from the Metropolitan Transportation Authority, which could allow them to build Queens’ tallest building. [more]

    10 Comments
  • Rendering of 111 West 57th Street (credit: SHoP Architects)

    Rendering of 111 West 57th Street (credit: SHoP Architects)

    Keeping pace with its Billionaires’ Row neighbors, JDS Development Group and Property Market Group’s skinny tower at 111 West 57th Street will have units priced up to $100 million, according to records from the Attorney General’s office. [more]

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  • 29-37 41st Avenue and Kevin Maloney

    29-37 41st Avenue and Kevin Maloney

    Kevin Maloney’s Property Markets Group is planning to build a 70-story mixed-use tower at the edge of Queensboro Plaza in Long Island City, according to an application filed with the city’s Department of Buildings today. [more]

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  • From left: 548 West 22nd Street and Kevin Maloney

    From left: 548 West 22nd Street in Chelsea and Kevin Maloney

    Kevin Maloney’s Property Markets Group is planning to convert a four-story commercial building at 548 West 22nd Street into a 19-story residential development, according to a permit application filed with the city today. [more]

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  • Clockwise from left: 111 West 57th Street, Kevin Maloney and Michael Stern

    Clockwise from left: 111 West 57th Street, Kevin Maloney and Michael Stern

    If it’s up to the developers, one of the city’s tallest towers could rise without the help of any union labor. The 1,400-foot-tall, 80-story tower proposed for 111 West 57th Street, developed by Michael Stern’s JDS Development Group and Kevin Maloney’s Property Markets Group would be the city’s tallest-ever tower built with nonunion labor. [more]

    9 Comments
  • Renderings of 111 West 57th Street

    Renderings of 111 West 57th Street in Midtown

    Anticipation has been mounting about JDS Development and Property Markets Group’s skinny tower just south of Central Park, and now the building plans are officially a go. [more]

    3 Comments
  • Luxury contracts break record in November

    December 04, 2014 02:40PM

    From left: Walker Tower and Penthouse 2

    ’Tis the season – for $4 million-plus homes.

    The Manhattan luxury market is heading into the holiday season on the heels of a red hot November that was the best on record. Buyers signed a total of 124 contracts at or above the $4 million mark during the month, according to the latest Olshan report. That’s up 36 percent from November 2013. [more]

    3 Comments
  • walker

    From left: Elliott Joseph, 212 West 18th Street in Chelsea, and Michael Graves

    Elliott Joseph, a principal at Walker Tower co-developer Property Markets Group, is asking a combined $44.5 million for a pair of apartments at the Chelsea condominium building. [more]

    2 Comments
  • From left: Long Island City's clock tower building and Kevin Maloney

    From left: Long Island City’s clock tower building and Kevin Maloney

    Kevin Maloney’s Property Markets Group paid nearly $31 million to snap up Long Island City’s clock tower building, city records show. But preservations are working to get the property declared a landmark before it’s torn down.

    PMG paid $30.9 million to buy the Morrell Smith-designed building at 29-27 41st Avenue, records filed with the city over the weekend show. The seller, the Criterion Group, bought the property in May for $15 million. [more]

    4 Comments
  • From left: Kevin Maloney, Howard Lorber and a rendering of 23-10 Queens Plaza South

    From left: Kevin Maloney, a rendering of 23-10 Queens Plaza South and Howard Lorber

    Kevin Maloney’s Property Markets Group has locked down more than $130 million in construction financing for its planned 44-story rental tower in Long Island City, property records filed with the city today show.  [more]

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  • The Gowanus Canal might be a superfund site, but developers and tenants are flocking to the neighborhood that bears the old industrial waterway’s name. [more]

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  • From left: Kasra Sanandaji, a rendering of 253 3rd Avenue and Kevin Maloney

    From left: Kasra Sanandaji, a rendering of 253 3rd Avenue and Kevin Maloney

    Development firm Apex Real Estate Investments is ready to swing the wrecking ball on Third Avenue in Gramercy to make way for an affordable housing project. The sweetener? The project will generate a 40,000 square-foot building bonus that the fledgling firm plans to transfer to an as-yet undisclosed market-rate project on the East Side. [more]

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  • pmg

    From left: Kevin Maloney, 548-554 West 22nd Street, Ivan Hakimian and Kevin Esh

    Kevin Maloney’s Property Markets Group, in partnership with developer Harry Jeremias of the Harch Group, closed today on the purchase of a 40,000-square-foot Chelsea commercial building for $40 million, The Real Deal learned. [more]

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  • From left: Stella Tower and Walker Tower

    From left: Stella Tower and Walker Tower

    The partnership that renovated the pre-war Walker Tower in Chelsea is getting more bang for its buck, as a number of residents are now buying units at another of its projects in Hell’s Kitchen.

    Six owners at Walker Tower have scooped up condos at the 51-unit Stella Tower at 425 West 50th Street. Like Walker, that tower was designed by Ralph Walker as a commercial building and refurbished by JDS Developments Group, Property Markets Groups and Starwood Capital Group. [more]

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  • 10 Sullivan Street

    Renderings of 10 Sullivan Street

    The first set of units at Madison Equities and Property Markets Group’s condominium project at 10 Sullivan Street has hit the market. [more]

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  • Renderings of Stella Tower at 425 West 50th Street

    Renderings of Stella Tower at 425 West 50th Street

    JDS Development Group and Property Markets Group’s Stella Tower is 60 percent sold one month after hitting the market, The Real Deal has learned exclusively. Click here to see photos of the property’s interior.

    1 Comment
  • acadia

    From left: 5-7 East 17th Street, Christopher Conlon and Open Kitchen

    UPDATED, 9:57 a.m., June 6: Acadia Realty Trust, the White Plains, N.Y.-based retail real estate investment trust co-developing the City Point mega-project in Brooklyn, found a tenant for the second portion of the now-vacant Barnes & Noble space in the Flatiron District, the developer told The Real Deal. [more]

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  • 548-w-22nd

    Kevin Maloney and 548 West 22nd Street

    Kevin Maloney’s Property Markets Group, which is co-developing the high-profile Walker Tower project with JDS Development Group, is in contract to acquire a 40,000-square-foot commercial building in Chelsea for $40 million. [more]

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  • From left: Interiors and exterior of 425 West 50th Street

    From left: Interiors and exterior of 425 West 50th Street

    Development firms JDS Development and Property Markets Group plan to bring their Stella Tower luxury condominium conversion to market this month. [more]

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