Brack Capital Real Estate | The Real Deal New York

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Brack Capital Real Estate

885 Third Avenue, 24th Floor
New York, NY 10022
(212) 308-7200
Website
ruma@brack-capital.com
Brack Capital Real Estate
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1-00227-0052.5Kg1S9uf copy
09/02/16
Joseph Sitt’s Thor Equities is in contract to buy the trendy James New York hotel in Soho for $70 million, or $614,000 per key, sources...

Isaac Hera and 15 Union Square West thumb
12/08/15
...Union Square West has filed a $5 million lawsuit against developer Brack Capital Real Estate eight years after the building first launched sales, alleging that...

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09/22/15
A Greenwich Village condo conversion that stalled during the recession is coming back to life as a collection of 29 luxury residences. 90 Morton Street,...

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02/19/15
...at the base of Hotel Indigo, a 24-story project that Brack Capital Real Estate is developing on the Lower East Side, as The Real...

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08/13/14
...The property, located at 627 Greenwich Street, was recently purchased by Brack Capital Real Estate, a Dutch investment and development firm, for around $105 million. The...

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06/17/14
The Salvation Army wants to relocate seniors to a new residence with a community center, rooftop restaurant and library. But the East Harlem location of...

Bowery location of the new CitizenM hotel
05/27/14
The New York City Department of Buildings approved the construction of a 19-story hotel building on the Bowery. Tags: 185-191 bowery, brack capital real estate,...

555W59th1
03/31/14
...The retail space at 555 West 59th Street Brack Capital Real Estate has sold three retail condominiums at the base of a...

01/10/14
Construction work on a Lower East Side hotel building was brought to a halt by the city yesterday after a piece of lumber came tumbling...

The Greystone at 212 West 91st Street and Aaron Jungreis
12/23/13
...The Greystone at 212 West 91st Street and Aaron Jungreis Brack Capital Real Estate has sold the Greystone, a 362-unit Upper West Side rental...

Isaac Hera and the James Hotel
05/02/13
...traded for close to $85 million, according to its former owner Brack Capital Real Estate. (more&hellip...

180 Orchard Street (credit: PropertyShark)
01/31/13
Demolition at 180 Orchard Street between East Houston and Stanton streets is now underway, making room for the Indigo Hotel, Bowery Boogie reported. Currently, the...

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01/28/12
...The sale of two units at Brack Capital Real Estate’s condominium conversion at 15 Union Square West may be set...

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05/19/11
...Brack Capital Real Estate, the developer behind the James New York, the Olcott and...

05/18/11
...Going Dutch Foundation. The event, hosted by Avenue magazine, developer Brack Capital Real Estate and building marketing team Brown Harris Stevens Select, was put...

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01/24/11
15 Union Square West, and CBRE's Bill Shanahan and Darcy StacomBrack Capital Real Estate USA has sold the retail portion of its residential development at...

11/12/10
218-222 West 50th StreetBrack Capital Real Estate has joined a European hotel partner to develop a 78,000-square-foot hotel at 218-222 West 50th Street in Times...

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03/03/09
...Brack Capital Real Estate sold a newly opened Midtown South hotel to RLJ Development...

10/30/08
...Developer Brack Capital Real Estate is working with residents who live near the former Moondance...

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09/26/08
...site of the former Moondance Diner at 27 Grand Street. The Brack Capital Real Estate...

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07/17/08
...Alexico nor the project's developer and seller of the units, Brack Capital Real Estate, could be reached for comment.The deal, worth a total...

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07/14/08
...nbsp;Brack Capital Real Estate paid $8 million for a 7,400-square-foot commercial townhouse at 185 Bowery, giving...

Element.jpg
06/24/08
...dance center on the ground floor. Meanwhile, the Element's developers, Brack Capital Real Estate, Coalco International, Continental Ventures Realty and S&H Equities...

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11/15/07
...Brack Capital Real Estate has closed on the former site of the Moondance Diner...

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06/12/07
...the Tiffany & Company building when it was constructed in 1870. Brack Capital Real Estate USA bought the seven-story, 81,000-square-foot building from Amalgamated Bank late...
  • Event Sales
  • Address 627 Greenwich Street
  • Neighborhood West Village
  • Borough Manhattan
  • Price $ 106
notes
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  • Event Sales
  • Address 212 West 91st Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 139,050,000
notes
The Greystone sold for $139.05 million.
  • Event Sales
  • Address 212 West 91st Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 139,050,000
notes
The Greystone sold for $139.05 million.
  • Event Sales
  • Address 27 Grand Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 70,000
  • Price $ 85,000,000
  • Price per foot $ 1,214.29
notes
The James Hotel sold for about $85 million. The property debuted in 2010 and is managed by Denihan Hospitality Group. The hotel is home to the famed restaurant of star chef David Burke. Denihan will continue to manage the hotel and operations will remain unchanged under the property's new ownership, according to the seller.
  • Event Sales
  • Address 180 Orchard Street
  • Neighborhood Lower East Side
  • Borough Manhattan
  • Price $ 46,000,000
notes
The property sold for $46 million. BCRE will own 51 percent of the shares in the joint venture, while IHG will own the remaining 49 percent. The buyers plan to develop a 290-room Hotel Indigo on the site with a retail component.
  • Event Sales
  • Address 15 Union Square West
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 14,494
  • Price $ 57,880,000
  • Price per foot $ 3,993.38
notes
The retail portion of the residential building sold for $57.88 million. Three of the four units are leased: one to HSBC Bank, one to Lululemon Athletica and another to Sketchers.
  • Event Sales
  • Address 63 West 35th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Price $ 121,200,000
notes
The recently opened hotel sold for $121.2 million. The sale had gone into contract in January 2008. Brack Capital bought the original site, a six-floor parking garage, in 2007 from Icon Parking for $31 million, and developed the hotel. The hotel had a soft opening on Feb. 26 and officially opened March 1.
  • Event Sales
  • Address 185 Bowery
  • Neighborhood Lower East Side
  • Borough Manhattan
  • Square feet 7,400
  • Price $ 8,000,000
  • Price per foot $ 1,081.08
notes
The current site of a century-old, four-story commercial townhouse sold for $8 million. Brack Capital has now assembled four adjacent lots near Spring Street, with addresses at 187, 189 and 191 Bowery.
  • Event Sales
  • Address 230 Riverside Drive
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 183,200
  • Price $ 41,400,000
  • Price per foot $ 225.98
notes
Alexico purchased nearly half of a 261-unit condo conversion for $41.4 million, paying prices ranging from $137,000 to $555,000 for each home.
  • Event Sales
  • Address 27 Grand Street
  • Neighborhood Soho
  • Borough Manhattan
  • Price $ 33,300,000
notes
The former site of the Moondance Diner sold for $33.3 million. The 11,300-square-foot property is a collection of three lots bordered by Sixth Avenue and Thompson Street. The buyer plans a 114-room boutique hotel for the site, which can support 55,000 square feet of floor space as of right. It had previously been reported that the site would be used for a luxury apartment building.
  • Event Sales
  • Building Name 63-67 West 35th Street
  • Address 67 West 35th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Price $ 31,000,000
notes
The parking garage sold for $31 million. The property is slated to be redeveloped into an upscale 300-room hotel.
  • Event Sales
  • Address 63-67 West 35th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 31
notes
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  • Event Sales
  • Address 15 Union Square West
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 81,000
  • Price $ 80,000,000
  • Price per foot $ 987.65
notes
The building, built in 1870 as the home of Tiffany and Co., sold for $80 million, or approximately $988 per square foot. It will be redeveloped into luxury condominiums.
Manhattan, 10018
RLJ III-HGN MANHATTAN
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Manhattan, 10014
627 GREENWICH OWNER L
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Manhattan, 10003
Brack Capital Real Estate
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Manhattan, 10019
Brack Capital Real Estate
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Manhattan, 10006
B.C.R.E. - 90 WEST ST
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Manhattan, 10025
Brack Capital Real Estate, ROC-RIVERSIDE ASSOCIATES, LLC
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Manhattan, 10016
240 EAST 27TH STREET OWNER LLC
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Manhattan, 10025
Brack Capital Real Estate, ROC-RIVERSIDE ASSOCIATES, LLC
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