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Blackstone and Fairstead shooting high to sell Caiola buildings

Blackstone and Fairstead shooting high to sell Caiola buildings

Blackstone Group and Fairstead Capital are looking to sell a chunk of the 24-building Caiola portfolio in Manhattan, with...

City officials confirm Luigi Caiola cheated Landmarks: report

City officials confirm Luigi Caiola cheated Landmarks: report

The city’s Department of Investigations confirmed that real estate scion Luigi Caiola tried to cheat the Landmarks Preservation Commission...

Fairstead, Blackstone shopping piece of Caiola portfolio

Fairstead, Blackstone shopping piece of Caiola portfolio

Despite frequently touting their multifamily investments as long-term plays, Fairstead Capital and Blackstone Group have placed a portion of...

Fairstead, Blackstone testing the market for Caiola portfolio sale: sources

Fairstead, Blackstone testing the market for Caiola portfolio sale: sources

Fairstead Capital and the Blackstone Group are exploring their options to sell the massive 24-building Caiola portfolio they purchased...

Joe Sitt’s Thor backed out of Caiola’s 25-building megadeal

Joe Sitt’s Thor backed out of Caiola’s 25-building megadeal

Joseph Sitt’s Thor Equities backed out of a “soft contract” to buy the Caiola family’s 25-building rental portfolio, the...

Blackstone to buy Caiola resi portfolio for $700M

Blackstone to buy Caiola resi portfolio for $700M

In one of its biggest New York City residential deals yet, the Blackstone Group is buying 25 Manhattan apartment...

Joe Sitt’s Thor pays $800M for massive rental portfolio

Joe Sitt’s Thor pays $800M for massive rental portfolio

UPDATED, 4:18 p.m., Jan. 5: Joseph Sitt’s Thor Equities Residential is in contract for the purchase of the Caiola...

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Dutch fraudster sells at the Dakota

Jan-Dirk Paarlberg and the view from his former Dakota apartmentJan-Dirk Paarlberg, the Dutch investor who was convicted of fraud, forgery and money laundering in the Netherlands last year, has unloaded his two-bedroom apartment at...

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