Newcastle Realty Services | The Real Deal New York

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Newcastle Realty Services

270 Madison Avenue, 19th floor
New York, NY 10016
(646) 472-7995
Website
Newcastle-Realty-Services

Newcastle Realty Services is an investment and property-management firm dating from 2004, and specializing in the conversion of lower-end multi-family properties to condos, including commercial ones. Newcastle as of the late summer 2015 manages 2,500 housing units throughout New York City.

The firms zest for acquisitions and conversions has gotten it into trouble with authorities. In mid-2015, Newcastle reached a settlement with the state attorney generals office over a conversion at 101 West 78th Street, which the firm acquired in 2012. The deal prohibited buyout agreements with the buildings tenants, and allowed Newcastle to go forward with the conversion. -TA


02/18/19
...And in 2015 it won a $1.2 million settlement from Newcastle Realty Services after the firm allegedly reached illegal buyout deals with tenants. New York Gov. Andrew...

12/18/17
...Museum of Natural History, from Margaret Streicker Porres' Newcastle Realty Services in 2015. The total asking-price sales volume for the week came in at $174.23 million, with...

05/17/17
...GTIS took over the project from controversial developer Newcastle Realty Services in 2015. The units will range from one- to four-bedrooms, in addition to a penthouse...

...And in 2015 it won a $1.2 million settlement from Newcastle Realty Services after the firm allegedly reached illegal buyout deals with tenants. New York Gov. Andrew...

02/24/17
...Correction: An earlier version of this story identified Newcastle Realty Services as the developer of 101 West 78th Street. It is GTIS Partners. An earlier version...

12/18/16
...From left: Newcastle Realty Services founder Margaret Streicker Porres and 101 West 78th Street There's no place like home for...

12/09/16
...s Robert Morgenstern, Heller Realty's Ben Heller and Newcastle Realty Services’ Margaret Streicker Porres. There were also emissaries from firms such as CBRE, GFI Realty...

08/29/16
...up a rental building in Washington Heights from Newcastle Realty Services for $15.6 million. The building, located at  220 Wadsworth Avenue, holds 52 apartments and six retail units...

07/18/16
...building at 880 Saint Nicholas Avenue for $11.1 million from Newcastle Realty Services. The building, which holds mostly rent-stabilized units, spans 43,160 square feet across six floors. Newcastle...

07/06/16
...the building manager to try. But the company, Newcastle Realty Services, wasn't interested and instead offered Piedra up to $18,000 to move out, she said. Buyouts...

04/04/16
...illegally converting apartments and attempting to evict residents. 2.) Newcastle Realty Services sold a rental building located at 854 West 180th Street to Michael Aryeh’s Heritage...

02/11/16
...who took over the project from controversial developer Newcastle Realty Services last May, is slated to bring 28 new homes to the market at the property...

12/23/15
...over allegations that the owner at the time, Newcastle Realty Services, forced rent-regulated tenants out of the building without offering them the option to buy...

10/08/15
...their rent for newly-renovated units. Behind the story: Newcastle Realty Services Tenants say they've been waiting for major repairs for years and have received offers...

09/30/15
...Porres and 658 West 188th Street in Washington Heights Newcastle Realty Services purchased an 88-unit multifamily building at 658 West 188th Street in Washington Heights, paying $23.1 million...

06/01/15
...reached a settlement Monday with Margaret Streicker Porres’ Newcastle Realty Services, which made prohibited buyout agreements with tenants at an Upper West Side rental building...

04/21/15
...million. Heritage Realty acquired the six-story building from Newcastle Realty Services for $5.5 million more than its previous sale price in 2013. The elevator building has 46,000 square...

03/16/15
...Streicker Porres and Neil Rubler Margaret Streicker Porres’ Newcastle Realty Services picked up a pair of Washington Heights rental properties from Neil Rubler’s Candlebrook...

01/13/15
...General Eric Schneiderman will continue an investigation into Newcastle Realty Services, according to DNAinfo. The conversion in question is a 44-unit rental building at 101 West...

11/24/14
...in size, but has approximately 200 additional square feet. 8) Newcastle Realty Services closed on the sale of a Washington Heights property for $11.5 million.The mixed-use building...


07/30/13
...price of $9.895 million. In addition, late last year, Newcastle Realty Services purchased a 70,000-square-foot rental property, located at 380 Columbus Avenue at West 78th Street, from...

04/03/13
...for sale previously," Schechtman told The Real Deal. Newcastle Realty Services, the building's owner, created the condo out of the ground and basement levels of...

01/15/13
...million, city records filed late last week show. Newcastle Realty Services purchased the building from Joben Realty Associates in a deal that closed on Dec...

...and computerized proxy key card entry for security. Newcastle Realty Services is the developer. Anne and Amanda Young of Brown Harris Stevens are the agents...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th floor, New York, NY, (646) 472-7995
...
Newcastle Realty Services, Limited Liability Broker
270 Madison Avenue, 19th floor, New York, NY, (646) 472-7995
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th floor, New York, NY, (646) 472-7995
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th floor, New York, NY, (646) 472-7995
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th floor, New York, NY, (646) 472-7995
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th floor, New York, NY, (646) 472-7995
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th floor, New York, NY, (646) 472-7995
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th floor, New York, NY, (646) 472-7995
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Fairstead Capital, Real Estate Salesperson
152 West 57th Street, 36th Floor, New York, NY, (212) 957-9153
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Fairstead Capital, Real Estate Salesperson
152 West 57th Street, 36th Floor, New York, NY, (212) 957-9153
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Newcastle Realty Services, Real Estate Salesperson
270 Madison Avenue, 19th Floor, New York, NY, (646) 472-7994
...
Fairstead Capital, Real Estate Salesperson
152 West 57th Street, 36th Floor, New York, NY, (212) 957-9153
...
Newcastle Realty Services, Founder and President
270 Madison Avenue, 19th Floor, New York, NY
Margaret Streicker Porres started her own investment and property-management firm in 2004, carving...
  • Event Sales
  • Address 92 Pinehurst Avenue
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 72,896
  • Price $ 25,500,000
  • Price per foot $ 349.81
notes
The mixed-use building was sold for $25.5 million.
  • Event Sales
  • Building Name 4101 and 4113 Broadway
  • Address 4113 Broadway
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 126,000
  • Price $ 42,000,000
  • Price per foot $ 333.33
  • Event Sales
  • Address 380 Columbus Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 50,000,000
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02/24/17
...Correction: An earlier version of this story identified Newcastle Realty Services as the developer of 101 West 78th Street. It is GTIS Partners. An earlier version...
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The sponsor(s) filed plans on 06/27/13 for a condo project at 101 West...