அர்ஸ் தீர்வுகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
New looks for 7-tower Bankside complex, the priciest development in the Bronx
6sqft.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 6sqft.com Daily Mail and Mail on Sunday newspapers.
More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more
Developers around the world in recent years trimmed back luxury hotel guest room counts in favor of adding condos to a project to boost profitability. Condos will now play an especially important part in helping the luxury hotel sector grow in an uncertain travel climate.
Developers didn’t shy away from building or proposing new locations for ultra-luxury hotel brands like Raffles, Waldorf-Astoria, and Four Seasons during the pandemic.
Nearly ninety percent of the Four Seasons Hotels & Resorts development pipeline includes a residential component. The 1,049-foot Waldorf Astoria Miami, a 205-guest room and 360-condo project slated to begin construction next year, would become Florida’s tallest building when complete.
3) Bevelled LIC | Queens | $98 million
Rabsky Group nabbed this loan from Arbor Realty Trust for the Bevel luxury apartment complex at 42-22 27th Street, Long Island City. The 18-story, 202-unit building was originally planned as 99 units.
4) Bet on warehouse | Brooklyn | $75.4 million
Thor Equities secured this construction loan for its project to develop a 312,000-square-foot warehouse at 280 Richards Street in Red Hook. Amazon has signed a 20-year lease for the property. Issued by Athene Annuity and Life Company, the loan will be converted into a permanent loan upon completion of construction.
5) Extending shelf life | Brooklyn | $63.7 million
The developers of a condo complex at 111 Montgomery Street in Crown Heights, CIM Group and LIVWRK, secured this inventory loan for 157 units from Oaktree Capital Management. In 2018, the developers projected a $150 million sellout for the 163 units at the complex. Proceeds from the loan will pay off existing construction and project loa
Avra’s Nick Tsoulos, the developer Jules Trump and renderings of the restaurant. (Arva, Getty, ArX Solutions)
Avra Miami Estiatorio will open at the Estates at Acqualina, the Trump Group’s $1.8 billion two-tower condo development in Sunny Isles Beach, The Real Deal has learned.
The Greek restaurant is expected to open in December, and will mark the Avra Group’s fourth eatery, following Avra Madison and Avra in Midtown in New York City and Avra Beverly Hills. It will be open to the public, serving lunch and dinner.
“We wanted something that has tremendous appeal to the Northeast group, a real star New York restaurant,” developer Jules Trump of the Trump Group told TRD. “Avra has incredible appeal with the society crowd.” Among celebrities who frequent Avra are Leonardo DiCaprio, Katie Holmes, Alexander Wang, Naomi Campbell and Cindy Crawford, according to published reports.
vimarsana © 2020. All Rights Reserved.