Cushman & Wakefield brokered the transaction, which saw an incredible amount of interest, more so than almost any property the Bronx team has listed this year.

The six-story, 151,235 square-foot project will include a 212-room hotel and three street level restaurant/retail spaces totaling 12,711 square feet.

Previous CEO of Ares Commercial Real Estate Corp., Jamie Henderson will join the firm as EVP in 2020.

"Northerners and other homebuyers are not just purchasing second homes; they are bringing businesses and moving here full time," says MIAMI Chairman of the Board José María Serrano.