ZD Jasper Buys Long Island City Waterfront Development Site for $47M
Quadrum Global, Baron Property Group and Simon Development have offloaded a development site at 45-40 Vernon Boulevard.
Source: commercialobserver.com
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JLL completes $252M sale of downtown Manhattan office tower
/PRNewswire/ -- JLL's Capital Markets group announced today that it has closed the $252 million sale of 175 Water St., a 31-story, 684,500-square-foot office...
Source: prnewswire.com
Joint venture acquires 830 Third Ave. in $72M off-market sale
NEW YORK, N.Y., Sept. 14, 2022 – JLL Capital Markets announced today that is has arranged the off-market $72 million sale and $53.25 million acquisition financing of 830 Third Ave., a Class A office building at the corner of 51st St.
Source: pressreleasepoint.com
NYC Condo Bulk Buying Increases Amid Pandemic, Slow Sales
Share via Shortlink New York City developers and investors are seeing an uptick in bulk condo deals, thanks to an already soft market and coronavirus-related distress. (iStock) Danny Fishman cannot keep up with the demand. Danny Fishman, Gaia Real Estate The investor, who leads Gaia Real Estate, is contending with a deluge of pitches from developers hoping to sell him condo units in bulk. He said the missives began picking up last year but recently have been coming in at such velocity that he hardly has time to look at them. “I would easily say at least 50 percent of new [condo] con...
Source: therealdeal.com