Imperial Companies
Imperial Companies is a real estate investment and development company founded by former Vornado Realty Trust president and CEO, Michael Fascitelli. The company formed just over a year after Fascitelli left Vornado in April of 2013. In an interview in September 2014, Fascitelli said he was looking to get back into real estate with value-added development opportunities. Imperial Companies ambitious first project is the development of 509 West 38th Street, a 30 story building with 225 residential units and 13,636 square feet of ground floor retail space.
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Imperial Companies, Founder & CEO
888 Seventh Avenue, 27th Floor, New York, NY, (212) 259-7000
888 Seventh Avenue, 27th Floor, New York, NY, (212) 259-7000
Michael D. Fascitelli is a real estate investor, developer and former president and...
- Event Financing
- Address 515 West 38th Street
- Neighborhood Hudson Yards
- Borough Manhattan
- Price $ 134,000,000
- Publication Date 11/13/2017
- Event Date 11/08/2017
- Party 1 Imperial Companies
- Party 2 Metropolitan Life
notes
The owner acquired a $134 million mortgage for the 34-story tower.