East End Capital

• September 2019 New York New Developments
• Major Developments: Signs of an escalating trade war between the U.S. and China caused real estate stocks to dip but then largely performed well compared to the overall market. Nuveen is joining Taconic Investment Partners on its $230 million purchase of a portion of ABC campus on the Upper West Side. The new owners plan to convert one of the properties, an office building at 125 West End Avenue, into space for life science tenants. No plans are clear for the other two properties: studio space at 320 West 66th Street and a property known as Lot 61. WeWork has …
  
  
• February 2018 New York New Developments
• New York Major Developments: The supply of hotel rooms in the Financial District grew 10.7% last year, with another 1,917 rooms in the pipeline. Hotels continue to be built despite the softening of the overall hotel market. There are more hotel rooms slated to come online in 2018 than any year since, at least 2000. Developers have already delivered 26,193 rooms since 2013. Kushner Companies’ retail condominium at the old New York Times building could be facing challenges in the wake of Guy Fieri’s restaurant closing. Guy’s American Kitchen & Bar, a yet-to-be opened food hall run by celebrity chef …
  
  
• June 2017 New York New Developments
• Major Developments: Developer David Marx continues to put the pieces together for an upcoming Aloft hotel at 450 11th Avenue, refinancing the project with $67 million in loans. The de Blasio administration is finally moving forward with a proposal it announced 18 months ago to curtail the city’s emerging self-storage industry as part of City Hall’s plan to preserve middle-class jobs by regulating development in certain manufacturing zones. Several retail brands are on the lookout for large spaces in the borough, including discount clothier Primark. Former Mayor Michael Bloomberg donated $75 million towards the construction of the Shed, an arts …
  
  
• June 2014 New York Buildings For Sale
• New York Buildings For Sale The Rubin Museum of Art is looking to sell a Chelsea development site that delivers more than 70,000 buildable square feet of space. The site, which is now a seven-story building, is expected to go for $60 million. The site at 115 Seventh Avenue near West 17th Street is most valuable as a condominium-and-retail project. Thus, the current structure would have to be demolished.A local investment company that has for decades owned a building which houses a drug abuse treatment facility has put the property on the market. Many in the industry think the property …
  
  
• 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 …