Shvo, Deutsche Finance close on Transamerica Pyramid for $650M
A group led by Michael Shvo’s eponymous firm and Deutsche Finance America has closed on the purchase of the...
Investment Sales
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Ved Parkash picks up Fordham Heights apartment building
The Bronx captured the only two commercial property trades between $10 million and $30 million last week. Notorious landlord...
Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project
Kevin Chisholm’s 60 Guilders and the Carlyle Group have found a buyer for four condos at their Midtown South...
Travis Kalanick cooks up a real estate empire
Uber co-founder and ex-CEO Travis Kalanick has quietly amassed a real estate empire over the past two years. Companies...
Muted week for middle of the i-sales market
The middle of the investment sales market was quiet last week, with just two transactions between $10 million and $30 million. An apartment building sold in Queens and an educational building previously operated as...
Nightingale buys Whale Square in Sunset Park for $84M
UPDATED, Oct. 20, 2020, 6:01 p.m.: Madison Realty Capital has brought in a new partner on its industrial-to-office conversion...
New York lost $755M in real estate tax revenue this year: REBNY
September was the cruelest month yet for tax revenue generated from real estate sales. The number of transactions has...
Deal for pizza-pan manufacturer rounds out last week’s mid-market sales
The outer-boroughs continue to dominate the middle of the investment-sales market, with the only deals last week between $10...
Madison Avenue retail buildings sell for record low price
Three retail buildings on Madison Avenue have sold for a combined $45 million, a price that represents a new...
Milton Glaser’s Kips Bay office townhouse sells to New York Review of Books
The Kips Bay office townhouse owned by legendary graphic designer Milton Glaser, who created the “I ❤️ NY” logo,...