Archdiocese

• November 2024 New York Buildings For Sale
• Buildings for Sale: Maguire initiated a U.C.C. foreclosure on the equity interests of two mixed-use buildings at 53 and 55 Stone Street. The properties are owned by Alicia CastroLeal Harper. The properties, built in 1900 and 1913, total 16,700 square feet and consist of seven free-market apartments and a pub Underdog, a former taco joint. Both buildings are on the National Register of Historic Places. The Metropolitan College of New York has opted to sell three floors and a portion of the ground floor at 40 Rector Street. The private college has listed part of the property as a portion …
  
  
• July 2024 New York Commercial Real Estate Market Report
• Office: The number of new leases Downtown was 35% below the five-year average. Blackstone is finalizing a deal to expand its headquarters at 345 Park Avenue, upping its lease from 750,000 SF to just over 1 million SF. Blackstone extended its lease by six years to the end of 2034, approximately 55% of the 1.9M SF office building. Two-year old Hudson Yards skyscraper is now 81% leased. Tishman Speyer signed five new lease agreements totaling 129,500 square feet at its Hudson Yards tower. Bloomberg extended its lease for another 11 years at 731 Lexington Avenue in the Plaza District for …
  
  
• July 2024 New York Buildings For Sale
• Buildings for Sale: Brookfield hopes to sell 3333 Broadway for $350 million for the 1,193 unit rental complex that has five connected buildings and is one of the biggest apartment complexes in Manhattan. Mitsui Fudosan America is looking to sell its majority stake at 525 West 52nd Street, a 392-unit property. Mitsui and Taconic are seeking a deal that would value the building at $275 million. The Abu Dhabi Investment Authority is looking to sell its New York Edition Hotel at 5 Madison Avenue. The 271-key hotel in the landmarked clock tower overlooking Madison Square Park is asking $271 million. …
  
  
• June 2023 New York New Developments
• Major Developments: The U.S. Supreme Court ruled unanimously that Hennepin County wrongfully pocketed the excess proceeds from the sale of Geraldine Tyler’s condo unit. Tyler owed the county $15,000, a sum that ballooned from $2,311 in unpaid property taxes. To settle the debt, the county sold her condo unit for $40,000 and kept all of it. The court agreed that this violated the Fifth Amendment’s takings clause, reversing the Eighth Circuit’s decision in the county’s favor. NYC’s lien sale, debt from overdue taxes, water bills and the like is sold to an investment trust that can foreclose on the property …
  
  
• April 2023 New York Buildings For Sale
• Buildings for Sale: 115 Seventh Avenue could sell for half the amount when Argentic Investment Management took control of the seven-story building at Seventh Avenue and 17th Street, hoping to get around $30 million. Gregg Singer is fighting Madison Realty Capital’s attempt to foreclose on the old P.S. 64 site and put the entity into bankruptcy protection a day before a foreclosure auction. Giving Singer one last shot at selling the property or refinancing the debt on it. JDS Development and the retail piece of 9 DeKalb Ave will hold onto condos. JDS Development has listed the 398-unit rental apartments …
  
  
• March 2018 New York New Developments
• New York Major Developments: The city is moving forward with plans to make way for 4.5 million square feet of development on Governors Island. The Trust for Governors Island held its first meeting to discuss rezoning part of the island for commercial real estate development. Beauty chain L’Occitane en Provence is relocating its Fifth Avenue store of 3,378-square-foot lease at 555 Fifth Avenue. The building had an asking retail rent of $1,100 per square foot. L’Occitane’s lease is expiring nearby at 610 Fifth Avenue. Facing high costs and lower than expected profits, retailers on some of Manhattan’s most expensive thoroughfares …
  
  
• August 2017 New York New Developments
• New York Major Developments: Starwood Mortgage Capital provided a $105 million loan for Aurora Capital Associates and William Gottlieb Real Estate’s Restoration Hardware project in the Meatpacking District. The 10-year loan retires a $60 million loan from Wells Fargo. Aurora and Gottlieb are building a 60,000-square-foot retail project at 9-19 Ninth Avenue, where Restoration Hardware signed a 15-year lease worth $250 million. Northern Manhattan’s commercial real estate market was sluggish. A total of 138 properties sold in 154 deals for a total dollar volume of $694 million uptown, down 64% year-over-year. The average price per buildable square foot at development …
  
  
• October 2015: New York New Developments
• New Developments The Archdiocese of New York is backing a Midtown East rezoning that would allow St. Patrick's Cathedral to sell its unused air rights to developers. A committee studying the neighborhood's development potential proposed freeing up landmarked properties, like St. Patrick's, to sell air rights anywhere within the rezoned district.Anthony Bourdain is building at Pier 57 in the Meatpacking district, a restaurant complex with 155,000-square foot, 100 culinary stalls and is currently under construction and to be completed in 2016. The Bourdain Market will be the largest of the city's themed restaurant markets.The residents of a co-op building in …
  
  
• April 2015: New York New Developments
• New Developments The Howard Hughes Corp. has just struck a deal with Edison Properties that allows the former to build a large mixed-use building straddling the border of the South Street Seaport Historic District.Community Board 5 will look to decide whether or not to extend the Madison Square North Historic District. Currently, the borders of the district are 25th and 29th streets and Sixth and Madison avenues. Under a new proposal which is in front of the board now, the district would be extended north to 34th Street and from Broadway to Park Avenue South.New renderings of Citigroup's planned headquarters …
  
  
• November 2014 NYC Buildings purchased & For to purchase
• New York Buildings sold Two properties in Midtown East were just sold for $18 million. A five-building development site at 134-142 Bowery sold for $45.3 million.A Midtown East-based real estate investment firm bought 66 Pearl Street for $30.1 million.Emmes Asset Management is selling a Midtown South office building at 158 West 27th Street for a sizable profit. The 118,000-square-foot building is in contract for $82.5 million.New York University bought a 151,000-square-foot building in Noho for $157 million, with plans to convert it into a temporary space for athletic facilities.Ashkenazy Acquisition Corporation bought a pair of adjacent retail buildings a block …
  
  
• January 2014 NYC Buildings For Sale
• NYC Buildings For Sale The Rhinelander Children’s Center at 350 East 88th, an Upper East Side townhouse owned by the nonprofit Children’s Aid Society, is for sale, asking $20 million. The four-story, 15,405-square-foot site is 50 feet wide. School programs have included preschool, summer camp and after-school care. Verizon is selling a former telephone-exchange building on West 36th Street near Seventh Avenue as a potential hotel site.Bank of New York Mellon is looking to downsize, and is considering a sale of its 52 story headquarters at 1 Wall Street. Chinese Christian Herald Crusades has put their building at 48 Allen …
  
  
• September 2013: Manhattan New Developments
• Manhattan New Developments Architect Santiago Calatrava has been chosen to design the newGreek Orthodox Archdiocese Church of St. Nicholas at 130 Liberty Street. It will sit just south of the site of the World Trade Center Transportation Hub that the architect also designed..Sheldon Solow clock is running out at his long-dormant, six-acre lot between East 38th and East 41st streets on First Avenue. Mr. Solo could lose his permits and public approvals for a $4 billion project if he does not build a foundation for the office building or one of several apartment towers by this November.The battle to secure …
  
  
• February 2013: New York City New Developments
• The Federal Emergency Management Agency gave New Yorkers whose homes were devastated by Hurricane Sandy a 30-day extension on applications for home repairs. The Transitional Sheltering Assistance program, which has helped New Yorkers continue living in participating hotels and motels, will also be extended. Governor Cuomo requested that FEMA grant extensions. Alexander McQueen plans to decamp to 747 Madison Avenue. The designer will lease a double-height 3,300-square-foot space owned by Jeff Sutton, paying $1,300 per square foot during the 15-year lease. Fashion label Escada previously took up a portion of the retail space. Before that, Valentino occupied the space during …
  
  
• December 2010 New York New Developments
• New Developments Manhattan condominium prices climbed 9.4 percent in August, compared to the same month a year earlier. Transactions borough-wide increased 12.8 percent during that time, as well. Despite this recovery from 2009, activity and pricing are still a far away from pre-crash levels. This year, through August 31, has posted the second-lowest transaction count. A final hearing was held for the public to weigh in on Riverside Center, the proposed complex that Extell Development wants to build on the Upper West Side. The city council subcommittee on zoning and franchises heard more than four hours of testimony on the …
  
  
• March 2009 New York Buildings For Sale
• New York Buildings For Sale The Lower East Side building 217 East Houston Street, at Essex Street, is on the market for $6.5 million. The five-story building has a club on the ground floor. Its lease extends until 2018 and the club pays $20,000 per month in rent, with a 3.5 percent annual increase.The sale of Starrett City has been put on hold because the owner of the Brooklyn complex, Starrett City Associates, and federal housing officials have been unable to agree on the fair market value of future rents. Starrett City Associates had initially expected to select a winning …