(Read more on the multifamily market.)
NEW YORK CITY-Marcus & Millichap Real Estate InvestmentServices has arranged the sale of the lease on a 14-story building,consisting of 164 multifamily units and four commercial units inManhattan. The sales price of the leasehold position was $16.2million which represents $96,429 per unit and $119.72 per sf.
Sharon Bands, senior director of Marcus & Millichap'sNational Retail Group in Manhattan, and Peter Von Der Ahe, adirector of the firm's National Multi Housing Group in Manhattan,were picked by the trustees appointed by the Bankruptcy Court toprocure the buyer.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
