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The Real Deal The Brodsky Organization has agreed to sell the 250-unit apartment property at 7 DeKalb Ave. in Brooklyn, N.Y., to Avanath Capital Management for about $100 million, or $400,000/unit. Brodsky had purchased the 23-story building, then recently completed, ...
Crain's New York Yellowstone Real Estate Investments has filed to foreclose against $170 million of mortgage debt it holds against the 697-room Maxwell Hotel at 541 Lexington Ave. in midtown Manhattan. The New York investor had purchased the debt from LoanCore ...
REBusiness Online HUBB NYC has paid $40 million, or $634,921/unit, for the 63-unit apartment building at 223 Fourth Ave. in the Park Slope area of Brooklyn, N.Y. The New York apartment owner and operator bought the 13-story building, which includes ...
Construction of the 334-unit Modera New Rochelle apartment property in New Rochelle, N.Y., has been completed and already has 136 units leased. The property was constructed my Mill Creek Residential of Boca Raton, Fla., which had started leasing units last ...
The Real Deal New York Life Insurance Co. has filed a foreclosure action related to the $314 million of senior mortgage financing against the 110,000 sf of retail space and an office condo on the fourth floor of the 26-story ...
New York YIMBY Vertical construction has been completed for the Huron, a two-building apartment complex at 29 Huron St. in the Greenpoint section of Brooklyn, N.Y. The complex will have 171 for-sale condominium units and is expected to be completed ...
The Wall Street Journal KPMG is taking 456,000 square feet at Two Manhattan West, a 2.14 million-sf office building that Brookfield Properties owns at 435 West 31st St. in Manhattan's Hudson Yards area. The consultancy is reducing the 800,000 sf ...
Multi-Housing News Douglaston Development has begun leasing for 3Eleven, a 938-unit apartment property at 601 West 29th St. in the West Chelsea neighborhood of Manhattan. Douglaston developed the $600 million project with Lalezarian Properties and Ares Management Corp. Work on ...
New York YIMBY Construction has begun for the 103-unit Mount Hope Walton affordable-housing property in the Bronx, N.Y. Most of the units will be reserved for households earning 80 percent or less of the area's median income, while 16 will ...
The Real Deal Innovo Property Group, which late last year had struck a deal to buy the 864,303-square-foot office building at 452 Fifth Ave. in midtown Manhattan, hasn't completed its purchase and lost its $35 million deposit. Innovo was to ...
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