SL Green Realty Corp. (NYSE: SLG) has announced the sale of 110 Greene Street, a historic office property in Manhattan’s SoHo district, to the real estate development firm Natora Group for $226 million. Informally known as the SoHo Building, the 13-story,...
Newly piqued interest in 3D-printed homes, a royal residence available for lease, and a group of Pennsylvania nuns building their own monastery. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 31-Sept. 4. Hit: A Few...
Manhattan’s overall average asking rent in June led all major multifamily markets at a fairly significant $5,651, according to a new report from Yardi Matrix. The high rent, coupled with limited construction activity and a 98.2% occupancy rate, pushed Manhattan’s...
Hedge fund executive Bill Ackman’s Pershing Square Foundation has acquired two buildings on Manhattan’s Upper West Side for $260 million, with the goal of creating a brain research center at the properties. Fortune reports the foundation paid $190 million for 125 West...
A 38-story Midtown Manhattan office tower that is being converted to residential housing was evacuated this morning after two support beams on its upper floor buckled and several floors began to sag, causing bricks to fall from the building. According to combined...