Biggest News Aggregation in the World
📰 Josh Gotlib News

Josh Gotlib News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Josh Gotlib. Real-time updates on events, politics, business and more.

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

Chetrit acquires $200M stake in Black Spruce apartment portfolio

Share Josh Gotlib’s Black Spruce Management has struck a deal with Isaac Chetrit’s AB & Sons to recap half of his firm’s Manhattan multifamily portfolio. AB & Sons has paid $200 million for a 50 percent stake in the 1,800-unit portfolio of workforce-housing buildings that Black Spruce has accumulated over the past 12 years. The deal includes 950 units in buildings situated primarily in Hell’s Kitchen and Morningside Heights. Gotlib tapped Cushman & Wakefield rainmakers Adam Spies, ...
New York United States Morningside Heights Doug Harmon Adam Doneger Avery Silverstein

Black Spruce Management Recaps Portfolio with Isaac Chetrit

214 West 109th Street and Isaac Chetrit (Google Maps) The Chetrit brothers are using some of their Uniqlo cash to buy a stake in a $400 million apartment portfolio. Isaac and Eli Chetrit are in contract to acquire a roughly 50 percent interest in a group of Manhattan multifamily buildings owned by Josh Gotlib’s Black Spruce Management for approximately $200 million, sources told The Real Deal. The recapitalization values the 60-building portfolio at about $400 million, and comes as the city�...
Adam Doneger Isaac Chetrit Google Eli Chetrit Cushman Wakefield Isaac Chetrit Google Maps

NYC's Top Investment Sales Firms of 2020

The biggest investment sales deal of the year didn’t even involve brokerages. In March, Amazon bought the landmarked Lord & Taylor building at 424 Fifth Avenue for $978 million. The e-commerce giant did a direct deal with the seller, a joint venture of Rhone Capital, Hudson’s Bay Company and WeWork, which originally planned to renovate the 660,000-square-foot building to use as its corporate headquarters. The deal, which worked out to about $1,480 per square foot, closed on March 12, just ...
New York United States Lower East Side Abu Dhabi Abuz Aby United Arab Emirates

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science