KPC Group’s Oceanwide Plaza Bet Started With a Supertall Dream for Manhattan – Commercial Observer
John Petty, senior partner for KPC Group, had just returned from a site visit at Downtown Los Angeles’…
Pinnacle Group Offloads $128M Condominium and Commercial Portfolio in NYC – Commercial Observer
Pinnacle Group has offloaded a $128 million residential and retail condominium portfolio in New York City, less than…
Artifact Real Estate Buys Historic Odd Fellows Hall in Little Italy for $28M – Commercial Observer
An Uptown Manhattan landlord has purchased a Little Italy office building. Washington Heights-focused Artifact Real Estate Development purchased 165…
Brooklyn Developers to Acquire Church Site in Downtown Brooklyn for Resi Project – Commercial Observer
Tankhouse and Lonicera Partners — a pair of Brooklyn-based developers — are in contract to acquire a church…
Sisters of the Visitation Monastery Sells to Integritas Capital for $42M – Commercial Observer
A 170-year-old monastery in Bay Ridge, Brooklyn, has sold for $42.25 million. The Sisters of the Visitation’s 7.5-acre…
Angela Gentry of JLL: 5 Questions – Commercial Observer
Angela Gentry has carved out her own spot in New York City’s commercial real estate scene. In 2022,…
Mixed-Use Upper West Side Building Sells to Terra Developers for $28M – Commercial Observer
Brooklyn-based Terra Developers has made a $28 million residential redevelopment play for 500 Columbus Avenue on Manhattan’s Upper…
Karim Alibhai Started at Best Western. Now He Rents Rooms at $2,500 a Night. – Commercial Observer
As room rates at the world’s poshest properties push past $2,000 a night, Karim Alibhai has been snapping…
CW Realty Closes Deal to Buy 55 Smith Street in Downtown Brooklyn for $58M – Commercial Observer
CW Realty Group closed on a deal to acquire a parking facility in Downtown Brooklyn, Commercial Observer has…
Vital Infrastructure REIT Buys East New York Outpatient Facility for $90M – Commercial Observer
A Toronto-based real estate investment trust (REIT) has purchased an East New York, Brooklyn, medical facility for $89.9…
Bill Ackman Buys 125 West End Avenue for $260M Brain Research Institute – Commercial Observer
Billionaire hedge funder Bill Ackman has kicked off his $260 million play to establish a brain research institute…
Midtown’s 10 Bryant Park Tower Is Back on the Market for More Than $800M – Commercial Observer
An 865,000-square-foot tower along Bryant Park is looking for a new owner. The office tower at 10 Bryant…