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NEW YORK CITY-The brand new eight-story construction is expected to fetch north of $17 million and has already gained buyer interest despite poor market conditions.
NEW YORK CITY-The building at 530-542 W. 27th St. is zoned for multiple uses and can be divided into commercial condominiums or be redeveloped for a single user, sources say.
NEW YORK CITY-The plan will replace auto repair shops and scrap yards with new commercial development, a convention center and affordable housing, should it pass the City Council vote.
NEW YORK CITY-The Long Island Power Authority and Con Edison will study the potential for a project that would be situated at least 10 miles off the Rockaway Peninsula.
NEW YORK CITY-Christopher Hoeffel will be responsible for its debt investment business, a platform that the firm has been steadily expanding over the last few years.
NEW YORK CITY-Hypo Real Estate Capital Corp. provides a $130-million loan for 681 Fifth Ave., a 17-story building here, which is currently undergoing a total renovation.
GARDEN CITY, NY-The building, currently triple net leased to AAR Allen Services, presents a retail redevelopment opportunity should AAR Corp. agree to an early lease termination.