Northeast
AFL-CIO to Invest Pension Assets in US Apartment Project
June 27, 2003 New York NewsdayThe AFL-CIO, through its $1.5 billion Building Investment Trust, is investing in a $400 million initiative to build 4,000 apartment units in major U.S. cities – with the first development taking place in Kew Gardens...
Garibaldi Group Brokers Sale of IFF Building in Manhattan
June 27, 2003 The Garibaldi Group arranged the recent $91 million sale of 521 W. 57th St. to Townsend Capital in Manhattan. Peter S. Nicoletti, John J. Garibaldi, and Joseph J. Garibaldi IV of the firm's financial services group represented...
Manhattan’s Battery Park to Get New Condo Units
June 26, 2003 The New York Daily NewsBattery Park City execs tapped Millennium Partners to build a 37-story condo apartment building in the downtown neighborhood. The developer will build the condos on a lot near the southern tip of Battery...
Deal to Rescue Harlem Museum
June 26, 2003 New York PostHarlem's Museum for African Art has struck a deal with developers Bruce Brickman of Brickman Associates and Hal Fetner of Sidney Fetner & Associates to develop a 250,000-square-foot project on the large vacant parcel that...
Mass. Hospital Makeover to Feature Medical Offices, Apartments
June 26, 2003 The Boston GlobeWaltham Hospital, scheduled to close on July 29, will be transformed into medical offices with a 348-unit apartment complex. Boulder Capital, a real estate development company based in Weston, Mass., purchased the 19-acre campus for...
Developer Gets 10-year Lease From Boston for Development Site
June 25, 2003 The Boston HeraldCity officials have granted Millennium Partners a 10-year lease for Hayward Place, giving the luxury residential developer until 2013 to begin construction on its proposed, 12-story office high-rise on the acre parking lot, which sits...
JP Morgan Chase Building in NYC Center of Family Feud
June 25, 2003 New York PostJ.P. Morgan Chase has been forced to pull from the market for two months its office building at 522 Fifth Ave., because of issues with the ownership of the ground on which the 23-story tower...
Townsend to Buy Manhattan Office Property
June 25, 2003 The Wall Street JournalTownsend Capital LLC last week agreed to buy the International Flavors & Fragrances building in Manhattan for $91 million – a price that's about $10 million more than 21 other bids on the property....
As Expected, Big Manhattan Apartment Portfolio Hits the Block
June 25, 2003 Daily News (Second item)Massey Knakal Realty Services has begun marketing for sale Greystar Real Estate's large Manhattan apartment portfolio, which contains 1,300 apartment units and 20 stores in areas like the Upper East Side and the Flatiron...
Wachovia to Place Sign on New Times Square Tower
June 24, 2003 New York PostWachovia Bank has signed a short-term lease for a massive sign high on the north face of Times Square Tower, which is also known as 7 Times Square. Boston Properties, which is nearing completion of...
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