The Real Deal New York

Posts Tagged ‘rose associates’

  • 70-pine

    70 Pine Street (via Flickr) and Adam Rose

    Rose Associates and DTH Capital have inked a contract with Furnished Quarters to operate their extended-stay hotel at 70 Pine Street.

    The 66-story landmarked hotel in Lower Manhattan will hold 132 hotel rooms when it opens in the fall. The first batch of the 664 high-end rental apartments on the upper floors of the property is also expected to be available at that time. The hotel component will run from floors three through six in the building, which is now under construction. [more]

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  • From left: Richard Kessler, Amy Rose and Adam Rose

    From left: Richard Kessler, Amy Rose and Adam Rose

    Benenson Capital Partners and Rose Associates are joining forces to develop a mixed-use building at 210 Livingston Street in Downtown Brooklyn, Benenson announced Monday. [more]

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  • Board at the Sheffield sues over oil spill

    February 07, 2014 09:50AM
    From left:

    From left: Sheffield condominium,  Amy and Adam Rose, co-presidents of Rose Associates and John Hess, president of Hess Corp.

    The board at the Sheffield condominium filed a $3 million negligence lawsuit against Rose Associates, Hess Corp. and several other contractors, in connection with a 2012 spill that dumped 8,000 gallons of petroleum on the grounds of the building. The Sheffield is located just blocks from Columbus Circle. [more]

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  • Rose Associates Co-Presidents Adam Rose and Amy Rose and 70 Pine Street

    Rose Associates co-presidents Adam Rose and Amy Rose and 70 Pine Street

    Rose Associates is looking to bring a classic American restaurant of up to 15,500 square feet to its Lower Manhattan skyscraper at 70 Pine Street, which the developer is converting into luxury rental apartments.

    The restaurant would take up a large portion of the 66-story Art Deco tower’s 35,000-square-foot retail space, once the longtime tenant — the restaurant Captain’s Ketch — moves out next year. [more]

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  • The new uniform worn by doormen at Solow Residential buildings

    From the April issueThey say clothes make the man. It turns out that may be true for buildings as well. Many New York City apartment buildings order custom-made uniforms for their doormen to make sure the staff’s attire matches the building’s style, said Jennifer Busch, CEO of the 122-year-old Manhattan uniform company I. Buss & Allan. “We usually do custom-made uniforms for doorman buildings,” she said, “because they’re all unique and have their own personalities.” [more]

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  • From left: Rafa Maciejak and Oro

    With its last apartment now in contract, Downtown Brooklyn’s Oro condominium development has completed sales, according to Rose Associates, the firm handling sales marketing. Located at 306 Gold Street, the Ismael Leyva-designed building, which was first developed by Yaron Herscho, contains 303 units, spanning one-, two- and three-bedrooms. The building first went on sale in 2007. [more]

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  • Woody Heller and the Madison Belvedere

    The Madison Belvedere, a rental property located at 10 East 29th Street between Madison and Fifth avenues, has sold for $300 million, sources told the New York Post.

    The property, owned by Rose Associates, was marketed by the Studley team of Woody Heller, Will Silverman, Eric Negrin and Daniel Parker. Invesco purchased the building on behalf of a client. [more]

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  • Rose Associates Co-Presidents Adam Rose and Amy Rose and 70 Pine Street

    Just months after acquiring the former headquarters of American International Group at 70 Pine Street and laying out plans to convert it into 300 hotel rooms and 700 rental apartments, Nathan Berman’s Metro Loft Management no longer controls the Lower Manhattan tower. Citing data from lender Eastbridge Group, the New York Post reported that Metro Loft sold its interest in the project back to Eastbridge, which turned to Rose Associates to oversee the conversion. Terms of the deal were not available. [more]

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  • Stuyvesant Town

    Stuyvesant Town’s new neighborhood watch doesn’t patrol the complex’s vast grounds at night watching for lurking trouble. Instead, it trolls Airbnb and other internet listing sites that facilitate illegal hotel-like rentals, looking for listings in their neighborhood. The New York Times said it’s another symbol of the growing divide between long-time residents of the middle-class apartment complex and the young, wealthy, transient community Stuy Town’s new management is working to attract. [more]

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  • From left: Rose's Robert Scaglion and a rendering of the Larstrand

    New luxury rental developments are continuing to outdo one another in amenities in an effort to charge ever higher rents. The New York Times reported that Friedland Properties and Rose Associates plan to charge between $80 and $90 per foot for the Larstrand, a building at 227 West 77th Street, on Broadway, that broke ground last year. That’s far above the neighborhood average of $60 per square-foot, as recorded by MNS.

    What warrants the astronomical rents at the $135 million, 181-unit building? Kitchens with quartz counters, Bosch appliances and Bertazzoni ovens and bathrooms tricked out with defoggable mirrors with built in televisions. The developers are also committing to building highly coveted common areas, including a 4,800-square-foot roof deck with an outdoor movie theater. [more]

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  • Developers work to lure dog owners

    June 11, 2012 12:00PM

    From left: Stephen Ross, Barbara Fox and MiMA

    Talk about getting a treat. Dog owners are increasingly winning attention from developers who now offer comprehensive dog care services in luxury buildings around the city, the Wall Street Journal reported.

    Because dog ownership restrictions still do exist in buildings around town, newer developments are now “bending over backwards to cater to pet owners as potential buyers because they know that that problem exists,” Fox Residential Group President Barbara Fox told the Journal. [more]

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  • 2 Cooper Square

    Rose Associates will take over leasing, marketing and managing at the recently traded apartment tower 2 Cooper Square, a statement from the brokerage said. The 15-story rental property, between 4th and 5th streets in the East Village, offers studios and one- and two-bedroom apartments.

    So far, 63 units of 143 have been rented, according to Streeteasy.com, with asking rents as high as $22,000 for a four-bedroom apartment, according to urbansherpa.com.  Recently, Streeteasy.com shows a studio renting for $4,125 per month, and a one-bedroom for $4,625. The previous leasing agency appears to have been Cantor & Pecorella. Representatives of the company were not immediately available for comment. [more]

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  • The Real Deal on the town: PHOTOS

    January 18, 2012 02:30PM

    The Sheffield sales team (click image for slide show)

    January is barely half over and already those New Year’s resolutions seem like a distant memory. But for the marketing team behind the Sheffield condominium tower, an event last night was a chance to combine self-betterment (or at least self-indulgence) with a tour of newly opened amenity spaces (click the image above or here for the slide show).

    Brokers trickled into the “New Year New You” gathering, which took place in a three-bedroom pad on the 56th floor, which is priced at a sliver under $4.7 million, for organic juices, chair massages and a chance to win a gourmet meal. [more]

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  • Clockwise from top left: Rudin Management CEO Bill Rudin, One Battery Park Plaza and Rose Associates Chairman Daniel Rose

    The Rudin family has bought out the Rose family’s 50 percent stake in One Battery Park Plaza for $80 million and taken complete control of the downtown office tower, the New York Post reported.

    The transaction illustrates the diverging directions of the two families and their firms, Rose Associates and Rudin Management. While Rudin has worked to solidify its stake in the office market downtown, where the firm owns about 3 million square feet, Rose Associates has focused on residential properties. [more]

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  • Clothing retailer American Apparel has signed a short-term agreement for 17,000 square feet of retail space at the Chelsea Landmark building, developer and building manager Rose Associates announced today.

    The lease comes on the heels of several other short-term lease agreements at the Sixth Avenue building, between 25th and 26th streets, with Spirit, a Halloween store that rented the space in September and October, and with furniture store Knoll, which hosted its annual warehouse sale in the space in November. American Apparel is slated to occupy the space between Dec. 13 and Dec. 28, to capitalize on the holiday traffic.

    Bruce Spiegel and Bill Bergman of Rose represented the landlord in the transaction. Chris DeCrostas of Thor High Street Advisors represented American Apparel. – Katherine Clarke[more]

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  • A new 181-unit luxury rental building with a retail component will rise on Broadway and 77th Street thanks to a recently closed $125 million loan funded by the issuance of bonds provided by the New York State Housing Finance Agency, GlobeSt.com reported.

    The building, slated to be called the Larstrand, will be developed by Friedland Properties and its representative Rose Associates. CVS has already agreed to lease part of the retail space.

    Thirty-seven of the units at the Larstrand will be designated as affordable. … [more]

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  • Spirit Halloween, a Halloween costumes and accessories store, has inked a temporary two-month retail lease at the Chelsea Landmark, a rental building at 55 West 25th Street and Sixth Avenue.

    Rose Associates has been advertising for a retail tenant for the 17,000 square feet of street-level space and 7,300 square feet of lower-level space. The entire 23,000 square feet was previously occupied by bankrupt interiors store Gracious Home.

    Leasing rates for the short-term or long-term were not immediately available.

    “Short-term space is always priced at a premium, but the right location can make it worthwhile for seasonal stores or new retailers testing the waters in a specific market. – Katherine Clarke[more]

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    25 Broad Street

    Kent Swig’s former mammoth office building at 25 Broad Street may have finally come back to life as a 305-unit rental property thanks to Lehman Brothers Holdings, the Wall Street Journal reported, after 80 percent of the 90 available units were rented in just two months.
    With applications under review for the remaining units, more are now under renovation, the Journal said.
    The project offers 305 one- and two-bedroom units, with 35 different floor plans and rents starting at $3,133 and $5,205 per month, respectively. 

    Lehman took over the building after Swig defaulted on his mortgage in 2009. Swig paid $262.5 million to buy the former office property in 2005.

    Swig had previously intended to transform it into a luxury condominium building. … [more]

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  • There’s an antique collection of storage trunks — and potentially a community of insects and vermin — in the bowels of Stuyvesant Town and Peter Cooper Village. But in its latest issue, the New Yorker reported that property manager Rose Associates has begun sending letters to tenants asking them to claim their belongings, as CWCapital, which took control of the property after Tishman Speyer defaulted, tries to make better use of the space in advance of a sale.

    The 110-building complex has offered tenants trunk storage space since the 1940s. … [more]

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  • The grand columned Anglo-Italianate facade of Chelsea’s 10-building London Terrace Gardens apartment complex, built in 1930 and 1931, had been covered in scaffolding since 2008 while undergoing a massive restoration project, but that scaffolding is now beginning to come down. The three-year $7.7 million project, which falls in line with Landmarks Preservation Commission standards without actually having landmark status, will likely be completed by fall, according to Ellen Gribben Bornet, the general manager of the complex, which is managed by Rose Associates, the New York Times reported.

    The complex features a full-size indoor pool, private health club, sun deck, and garden area. … [more]

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