Crescent Heights To Sell Lot Next To Nema High-Rise
Chicago
Aug 9, 2023

Crescent Heights seeks buyer for skyscraper development site

Lot next to Nema could be developed into 900-foot tall apartment building
Crescent Heights' Russell Galbut and Terra's David Martin with plans for 150-unit condo building between Alton Road and West Avenue
South Florida
Jun 29, 2023

Russell Galbut, David Martin’s proposed South Beach condo project meets opposition

At Wednesday’s meeting, commissioners postponed approval following concerns over the building’s height, traffic, parking
Crescent Heights buys Streeterville apartments for $173M
Chicago
Jun 18, 2023

Crescent Heights buys Streeterville apartments for $173M

Highest price paid for a residential building in Chicago in two years
From left: Crescent Heights’ Russell Galbut, Major Food Group’s Mario Carbone, Jeff Zalaznick and Rich Torrisi, and a rendering of 1212 Lincoln (Getty, Crescent Heights, Major Food Group)
South Florida
May 26, 2023

No Sadelle’s for you! Major Food Group cancels Miami Beach lease

New York-based hospitality firm won’t be opening high-end deli at 1212 Lincoln
Crescent Heights' Jason Buchberg and 420 North May Street (Getty, LoopNet, LinkedIn/Jason Buchberg)
Chicago
Mar 9, 2023

Crescent Heights pays $35M for Fulton Market development site

Crescent Heights is seeking approval on its 600-foot highrise
Crescent Heights' Russell Galbut along with a rendering of the planned apartment tower at 10 South Van Ness Avenue (Getty, Crescent Heights)
San Francisco
Jan 20, 2023

Crescent Heights gets extension to build 55-story apartment tower in SF’s Civic Center

City official expects other developers will seek extensions to wait out market slump
Crescent Height's Russell Galbut and a rendering of the proposed tower in West Loop (City of Chicago)
Chicago
Dec 8, 2022

Crescent Heights proposes West Loop’s tallest tower

May Street development will yield almost 600 residential units
Arte Hospitality completes buyout of Ocean Drive condo-hotel, scores loan
South Florida
Nov 21, 2022

Arte Hospitality completes buyout of Ocean Drive condo-hotel, scores loan

Russell Galbut sold the remaining units to Shadi Shomar-led partnership
Russell Galbut with 1690 Collins Avenue
South Florida
Oct 20, 2022

Russell Galbut scores approval for Art Deco hotel renovation

Developer to add two more floors at Regent Hotel that is part of Gale Miami Beach
Russell Galbut and a rendering of the proposed Gale South Beach Hotel upgrade (Studio Mc+G Architecture, Getty)
South Florida
Oct 12, 2022

Russell Galbut wants to heighten South Beach hotel, add rooms

Miami Beach Historic Preservation Board is being asked to approve two more floors, 12 guest rooms and four meeting rooms at the Gale South Beach
Russell Galbut in front of 1030-1050 Sixth Street in Miami Beach (LoopNet, GFO Investments)
South Florida
Jun 27, 2022

Russell Galbut buys dev site near Five Park in South Beach, plans hotel

12-unit apartment building can be redeveloped into 65-room hotel
Edgewater Florida (iStock)
South Florida
Jun 2, 2022

Here are the resi projects planned for Miami’s Edgewater

Developers spent nearly $500M buying property
Local investor paid Crescent Heights $67.5M for Chicago’s 30-story Astoria Tower
Chicago
Apr 12, 2022

Local investor paid Crescent Heights $67.5M for Chicago’s 30-story Astoria Tower

Deal marks Chicago’s priciest for a multifamily asset so far this year
Russell Galbut’s Crescent Heights scores $224M loan for Whole Foods-anchored Edgewater project
South Florida
Apr 1, 2022

Russell Galbut’s Crescent Heights scores $224M loan for Whole Foods-anchored Edgewater project

Developer broke ground on planned 39-story mixed-use project
‘Monster in the Mission’ a step closer to becoming affordable housing
San Francisco
Feb 14, 2022

‘Monster in the Mission’ a step closer to becoming affordable housing

Deal paves way for city of SF to seek a nonprofit to build mixed-use project for about 330 low-income households on the site
Crescent Heights scores school board approval to buy downtown Miami land for mixed-use project
South Florida
Feb 10, 2022

Crescent Heights scores school board approval to buy downtown Miami land for mixed-use project

$21M deal hinges on Omni CRA extension that would give developer tax incentives
The Real Deal’s Erin Hudson with Property Markets Group’s Kevin Maloney, Crescent Heights’ Russell Galbut, Kushner Companies’ Nikki Kushner Meyer and Witkoff Group’s Steve Witkoff
South Florida
Dec 9, 2021

WATCH: National developers talk South Florida markets at TRD event

Kevin Maloney, Steve Witkoff, Nicole Kushner-Meyer and Russell Galbut spoke at TRD’s South Florida Real Estate Showcase + Forum