The principal of DelShah Capital, Michael Shah, has announced that the firm has purchased 1356 First Avenue. It is a mixed use, multi-family and retail property, located in Manhattan’s Upper East Side neighborhood on the north east corner of 73rd Street and First Avenue, and was sold in a transaction worth $9.125 million. There are
Chinese Firms Given Red Carpet Treatment
April 24, 2011 by
Officials in New York City are attempting to woo a group of Chinese representatives as they look for investment opportunities in the U.S.
Grab a Piece of the Empire State Building Soon
April 14, 2011 by
Well, at least in a way it is… According to a new report in the New York Times, the Malkin family who own the Empire State Building are set to announce the creation of a publicly traded real estate firm in the next few days or weeks.
28 West 44th Street in Manhattan Sells for $161M
March 15, 2011 by
SL Green Realty Corp. has entered into a contract to sell 28 West 44th Street in Midtown Manthattan for $161 million ($448 per square foot). The property is a 359,000-square-foot, Class B office building, located on “Club Row”. The buyers are APF Properties and Prudential Real Estate Investors, collaborating in a joint venture to acquire
