HUBBNYC buys UWS retail condo for $39M

Investor continues to pick up retail properties

New York /
Feb.February 22, 2018 10:30 AM

2021 Broadway and HUBB’s Johnny McCarthy (Credit: LinkedIn)

HUBBNYC picked up a retail condo north of Lincoln Center for $39 million.

The investor bought the property with an address of 2021 Broadway at the base of the Nevada Towers co-op building, property records filed with the city Wednesday show.

Representatives for the sellers and HUBB NYC couldn’t be immediately reached for comment.

HUBB has been one of the most active buyers of Manhattan retail condos in recent months.

In January, the company paid $25 million to buy a retail condo and parking garage at 350 West 42nd Street from New York REIT. And late last year, the investor paid $24 million to buy a handful of retail condominiums at 60 Guilders and the Carlyle Group’s Midtown South commercial condo conversion at 18 and 20-28 West 33rd Street.


Related Articles

arrow_forward_ios
(iStock illustration by Kevin Rebong for The Real Deal)
Morgan Stanley bans unvaccinated staffers from offices
Morgan Stanley bans unvaccinated staffers from offices
(Getty / Photo Illustration by The Real Deal)
Mall landlords turn to pop-up stores to boost revenue
Mall landlords turn to pop-up stores to boost revenue
Photo illustration of Tishman Speyer Properties President Rob Speyer and Brookfield Asset Management CEO Bruce Flatt (iStock, Getty)
Office investors Tishman Speyer, Brookfield put money where mouth is
Office investors Tishman Speyer, Brookfield put money where mouth is
Sure We Can has tried to purchase the property in the past (Facebook via Sure We Can, Getty)
Lifeline for canners needs city’s help to buy redemption center site
Lifeline for canners needs city’s help to buy redemption center site
Shoppers World CEO Sam Dushey with an aerial shot of Green Acres Mall (Shoppers World, Macerich)
Shoppers World to debut in Long Island at former Century 21 site
Shoppers World to debut in Long Island at former Century 21 site
Robert Roche, Ben Kohn and Adam Hochfelder (Getty, WikiMedia / Roche)
Entity linked to shuttered Playboy Club New York files for bankruptcy
Entity linked to shuttered Playboy Club New York files for bankruptcy
With major financial choices to make, Newmark receives $850M infusion
With major financial choices to make, Newmark receives $850M infusion
With major financial choices to make, Newmark receives $850M infusion
NYC’s office sublease surge slows as tenants move to reoccupy space
NYC’s office sublease surge slows as tenants move to reoccupy space
NYC’s office sublease surge slows as tenants move to reoccupy space
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...