Callahan Capital Properties

• October 2017 New York Buildings For Sale
• Buildings Sold: Gaw Capital Partners is looking to obtain a $170 million loan to make one of the largest single-asset New York City hotel deals of the year: the $340 million purchase of the Standard Hotel from Dune Capital Management and Greenfield Partners. Extell Development purchased a drug rehabilitation center building with seven-floors, 27,000-square-foot property at 500 West 57th Street that is entirely leased to substance-abuse treatment center ACI for $19 million. Charles Ekblom, a now-deceased landlord, bought it from Columbia University in the 1960s, and the building was placed in a family trust until the sale. A famous recording …
  
  
• July 2017 New York Buildings For Sale
• New York Buildings Sold A two-story commercial building at the corner of East 149th Street and Cortland Avenue sold to Albert Babayev for $17.5 million. The 33,135-square-foot building at 356 West 149th Street is leased to a Rite Aid and located a block away from the Third Avenue and East 149th Street hub. New Empire Real Estate sold off a Hell’s Kitchen development site for $15 million to the Coram Deo Church. Zhao bought the vacant lot at 409 West 45th Street in 2014 for $5.3 million, and plans to build a seven-story boutique condominium building on the site. The …
  
  
• February 2015: New York Buildings For Sale
• New York Buildings for Sale A Times Square hotel is hitting the market for. The Comfort Inn Times Square South at 305 West 39th Street is for sale asking $35 million. The property was built in 2007, and has a 93% occupancy rate. Rooms are about $180 per night. The price per room is based is about $448,718.A Court Square development site offering more than 167,000 buildable square feet is on the market for $41.5 million. The site is 11,145 square feet. The properties are located at 23-10 45th Avenue, 45-03 23rd Street; 45-05 23rd Street; 45-07 23rd Street; 45-09 …