Sioni Group

• May 2023 New York New Developments
• New Developments: The MTA launched eminent domain proceedings for nine sites in East Harlem. The MTA plans on demolishing existing buildings to make room for some heavy machinery to extend the subway from East 96th Street to East 125th Street. The staging ground at East 116th Street will ultimately become a subway entrance for the extension. A collapsed Lower Manhattan parking garage had open violations. The Manhattan DA is investigating the incident that killed one. The partially collapsed building at 57 Ann Street racked up dozens of violations for decades. Four of those violations remained open when the building, owned …
  
  
• March 2020 New York Buildings For Sale
• Buildings for Sale: 2 Grand Central Tower was built in the 1980s and is for sale. Rockwood Capital is the seller of the 44-story building. They are expecting to sell for $580 million or about $850/RSF. CBS is looking to sell 51 West 52nd Street for more than $1 billion for its nicknamed Black Rock. The broadcaster, which merged with Viacom late last year in a $25 billion deal, announced that the company would look to sell the building. Amazon has been in talks to acquire the Lord & Taylor building from WeWork. The deal could be valued close to …
  
  
• May 2018 New York Buildings For Sale
• New York Buildings for sale: SL Green Realty and partner Ivanhoe Cambridge are in contract to sell the office portion of 1745 Broadway for $633 million, or $939 per square foot. The buyer is an “institutional client of Invesco Real Estate.” The owners put the 685,000-square-foot office condo, which spans floors 2 through 26 in the 50-story building up for sale. Vornado Realty Trust said they had a “handshake” deal to sell the company’s 49.5% stake in 666 Fifth Avenue to the, Kushner Companies. It intends to retain its ownership in the building’s retail condominium, even if the deal to …
  
  
• December 2017 New York Buildings For Sale
• New York Buildings For Sale: Isaac Chetrit is looking to sell off a pair of office buildings. Chetrit and partner Sioni Group are asking around $190 million and $200 million for the properties at 15 West 47th Street and 22 West 48th Street. Brookfield Property Partners is looking to sell its 2.3 million-square-foot office tower at One Liberty Plaza in Lower Manhattan, which could trade for as much as $1.6 billion. Offers on the Park Lane Hotel were due, but no buyers showed up willing to pay the $1 billion the property was expected to obtain. The 47-story hotel overlooking …
  
  
• December 2016 New York Buildings For Sale
• Buildings For Sale: Brookfield Property Partners has put the 45-story office tower at 245 Park Avenue up for sale. Sources close with the 1.8 million-square-foot tower believe it is worth north of $2.1 billion, or more than $1,200 per square foot. Lightstone Group hopes to sell the retail space and garage at the base of the Marriott Moxy Hotel in the Garment District, which is under construction, for $64 million. The developer is looking to offload a 4,000-square-foot retail condo and 27,000-square-foot garage at the 16-story building at 485 Seventh Avenue. Buildings Sold: United American Land bought 65 Spring Street …
  
  
• November 2013 New York Buildings for Sale
• NYC Buildings For Sale A West 39th Street development site that could support a 60-room limited-service hotel has hit the market. The site at 335 West 39th Street, located between Eighth and Ninth avenues, will allow for a 44,437 square-foot-building by combining its current zoning entitlement with extra air-rights acquired through the city’s Hudson Yards district improvement bonus.A firm founded by former executives from SL Green Realty and Broadway Real Estate Partners is looking to unload a 12-story Chelsea office building that could fetch as much as $90 million , or almost double the purchase price paid during the real …