80 South Stree

• June 2022 New York Buildings For Sale
• Buildings for Sale: Vornado hopes to sell 40 Fulton Street for $130 million and $140 million. The REIT’s 1980s-era office property at 40 Fulton Street in the Financial District is for sale, a 29-story building. Oceanwide Holdings has lost control of a Manhattan development site where it planned to build a 1,500-foot skyscraper at 80 South Street. Buildings Sold: Host Hotels & Resorts sold the Sheraton New York Times Square Hotel, a 1,780-room hotel, located at 811 7th Avenue to MCR Investors for $323 million. RFR Holding and Penske Media Corporation finalized the $290 million purchase of 475 Fifth Avenue. …
  
  
• February 2022 New York Buildings For Sale
• Buildings for Sale: 24-09 Jackson Avenue in Long Island City, Queens, a long-stalled hotel development site in Long Island City, is up for sale. Toyoko Inn is aiming to get around $60 million for its property at 24-09 Jackson Avenue in the Court Square section of the Queens neighborhood. Watermark Capital is exploring a sale of the 226-key hotel at 125 West 26th Street, between Sixth and Seventh avenues. The investment firm has owned the building since 2013, when it purchased it from Magna Hospitality for $113 million. Oceanwide Holdings defaulted on its $175 million loan against 80 South Street, …
  
  
• November 2021 New York Buildings For Sale
• Buildings for Sale: A CMBS trustee filed to foreclose on the loan on the defaulted loan secured by the 470 Broadway property citing $22.9 million in debt. The debt consists of $18 million in unpaid principal, $2.6 million in unpaid interest and $2.3 million in protective advances. Thor was delinquent on a $105 million loan at 597 Fifth Avenue, after missing payments in August and September 2020. PBC is seeking a buyer for its 865,000-square-foot building at 452 Fifth Avenue where HSBC’s New York office is located. The building is expected to go for at least $850 million, or $982 …
  
  
• March 2019 New York Buildings For Sale
• Buildings For Sale: CIM Group is considering selling 246 Spring Street, the former Trump Soho Hotel. 77 East Third Street, the Hells Angels motorcycle gang is selling its clubhouse to a New York LLC known as East 3rd Street. 130 Bowery, the high-end events space Capitale, formerly the Bowery Savings Bank headquarters will be sold through auction and does not have an asking price. The building contains 32,000 square feet. The owners are open to selling it vacant so the space can be repurposed. China Oceanwide Holdings is putting 80 South Street on the market. The Beijing-based company purchased the …
  
  
• April 2018 New York New Developments
• New York Major Developments: An Upper East Side retail site that has been vacant for more than two years will soon be Morton Williams. A curated version of the supermarket is coming to 1251 Third Avenue, the former site of a Talbot’s. The grocery store chain has taken 13,000 square feet across two floors, with an asking rent of $2 million per year. Chinese investment in the United States’ commercial real estate has plummeted by 55% last year, dropping from $16.2 billion in 2016 to $7.3 billion in 2017. Purplebricks, a London-based discount brokerage, received $177 million equity investment from …
  
  
• March 2016: New York New Developments
• New Developments Joseph Beninati's Bauhouse Group filed Friday for Chapter 11 bankruptcy for the LLC entity that owns the 3 Sutton Place development site in Midtown. There is an upcoming foreclosure auction by Gamma's who holds more than $180 million in debt on the property at 426-432 East 58th Street. Bauhouse defaulted on nearly $129 million in loans last month that it had received from Gamma, led by Richard Kalikow, for its planned 68-story, Norman Foster-designed condo tower, also known as 3 Sutton Place. The $4 billion World Trade Center Transportation Hub is about to open. It will connect to …
  
  
• September 2015: New York Buildings For Sale
• NYC Buildings For Sale Unizo Holdings is buying Sherwood Equities and JPMorgan Chase's 370 Lexington Avenue office building for $247 million. 370 Lexington Avenue contains 311,000-square-foot.350 East 86th Street went into contract with Gary Barnett's Extell Development Company for $100 million. Innovo Property group and Artemis Real Estate Partners bought the 15,500-square-foot retail condo at 202 Canal Street for $44 million.Extell just acquired a 14-story office building at 10 West 47th Street for $74.4 million containing 72,000-square-foot building between Fifth and Sixth avenues. Gaia Real Estate is in contract to buy the rental conversion of a former St. Vincent's Midtown …
  
  
• May 2015: New York Buildings For Sale
• New York Buildings sold Eliot Spitzer's sale of the Crown Building for $1.78 billion to Jeff Sutton and General Growth Properties set an all-time price per-square-foot record. The deal, which closed last month, marks the highest price paid per square foot ever paid for an entire office building. At 390,000 square feet, the price breaks down to $4,564 per square foot.Extell Development and the Group.">Carlyle Group sold a portion of their Riverside Center project on the Far West Side for $410.8 million to James Linsley's GID Development Group. GID purchased 40 Riverside Boulevard, one of five buildings in the 8-acre …
  
  
• April 2014 New York Buildings For Sale
• NYC Buildings For Sale New York Foundling is asking $47.5 million for a four-story Greenwich Village building it bought for $3 million about 12 years ago. The 14,540-square-foot property at 27 Christopher Street, near Waverly Place, has served as a nursing school and parochial school. The space currently houses the Vincent J. Fontana Center for Child Protection, an organization that offers training to child-care workers.A 20,000-square-foot, multi-level retail space at the base of building at 95 Madison Avenue is for sale.Hiro Real Estate and Goldman Sachs’ landmarked tower at 150 East 42nd Street, also known as the Socony-Mobil Building, is …