Luxury Real Estate, Real Estate, Residential, US Real Estate

Dmitriy Rybolovlev Pays Record $88 Million for New York Condo

By Mike Wheatley | December 22, 2011
A Russian billionaire has set a new record for the purchase of a condo in New York City, paying a staggering $88 million for the apartment, the most expensive property transaction ever carried out in the city, according to Forbes. Dmitriy Rybolovlev reportedly bought the 6,744 sq. ft. apartment for his daughter, Miss Ekaterina Rybolovleva, […]
Commercial Real Estate, Real Estate, US Real Estate

Massey Knakal Sells Development Property in All-Cash Deal for $71 .9 Million

By Allison Halliday | September 8, 2011
A parcel of development land at 1205-1225 Broadway was sold in an all-cash transaction for $71.9 million to The Lam Group, a developer of franchised hotels. The property is located on the north-west corner of Broadway and West 29th Street in the heart of Herald Square. 1205-1213 Broadway is a three-storey commercial office building giving […]
Real Estate, Residential, US Real Estate

Spectacular New York City Townhouse Significantly Reduced

By Allison Halliday | September 6, 2011
A beautiful Upper East Side home at 358 E. 69th Street, has just been reduced by 13.4%, from $4.5 million to $3.895 million, a price that now affords truly excellent value for money. The recently renovated 3310 ft.² four-storey brownstone has three bedrooms, 4 1/2 baths six fireplaces, an elevator and a south facing garden. […]
Commercial Real Estate, Real Estate, US Real Estate

DelShah Capital Purchases 1356 First Avenue, NYC

By Allison Halliday | September 5, 2011
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 […]
US Real Estate

Chinese Firms Given Red Carpet Treatment

By Mike Wheatley | April 24, 2011
Officials in New York City are attempting to woo a group of Chinese representatives as they look for investment opportunities in the U.S.
US Real Estate

Grab a Piece of the Empire State Building Soon

By Mike Wheatley | April 14, 2011
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.
US Real Estate

28 West 44th Street in Manhattan Sells for $161M

By Tavis J. Hampton | March 15, 2011
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 […]
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