I-sales: Maligned landlord sells in Park Slope, Midtown apts trade for $42M
Multifamily assets continued to attract buyers despite a slow week for New York City’s investment sales market, including two...
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Gabriel Poblete
Chinese furniture magnate purchases Central Park Tower pad for $15.3M
Yao Liangbo has a new home to furnish. The vice chairman of Oppein Home Group, one of China’s largest...
Terzi owes $58M and counting on Midtown SoulCycle building: suit
Yet another creditor is coming after retail landlord Jack Terzi. Wells Fargo is moving to foreclose on Terzi’s three-story...
Durst scores $100M loan for 825 Third
The Durst Organization received a nine-figure infusion at 825 Third Avenue. JPMorgan Chase provided a $100 million loan at the 40-story office building in Midtown East, , according to property records released last week....
South Bronx leads mid-market investment sales with $42M land deal
The biggest mid-market sale recorded in New York City last week was in the Bronx. Beitel Group’s Binyamin Beitel,...
Abby Modell buys West Village, Midwood apartments for $68M
Modell’s Sporting Goods may have all but faded from New York City, but its namesake family isn’t going anywhere....
Tri-State
KABR scoops up luxury building in Bayonne for $50M
New Jersey-based KABR Group has expanded its New Jersey portfolio, picking up a mid-rise luxury apartment building in Bayonne....
Garment biz leases 80K sf at Brooklyn Army Terminal
New York Embroidery Studio has signed the largest lease at the Brooklyn Army Terminal in three years, city officials...
“Eco-yogi slumlords” surrender $2M house in settlement with city
UPDATED Feb. 23, 2022, 10:39 p.m.: In retrospect, Loretta Gendville and Gennaro Brooks-Church would have been better off staying...
Sotheby’s auction house buys LIC’s Gantry Point for $82M
Sotheby’s facilitated the sales of over $7 billion worth of fine art, jewelry and other rare collectibles last year,...