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Long Vacant Historic NYC Theater Acquired with State Grants

Long Vacant Historic NYC Theater Acquired with State Grants

by Phil Hall | Apr 7, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A historic theater in New York City’s Upper West Side that has been shuttered for the past 20 years has been purchased for $6.9 million by a nonprofit aided with state grants. IndieWire reports the long-vacant Metro Theater was acquired by Upper West Side Cinema...
Foot Locker Moves HQ from NYC to St. Petersburg, Florida

Foot Locker Moves HQ from NYC to St. Petersburg, Florida

by Phil Hall | Mar 31, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Foot Locker Inc. (NYSE: FL), the footwear and apparel retailer, is relocating is global headquarters from New York City to a 110,998-square-foot office in St. Petersburg, Florida. The company, which first announced its relocation plans last summer, has signed a lease...
Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors

Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors

by Phil Hall | Mar 26, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Several deep-pocketed New York City real estate executives are making generous donations to the super political action committee (PAC) backing Andrew Cuomo’s campaign to become the city’s next mayor. The New York Post reports the “Fix the City” super PAC has received...
Alchemy Ventures Buys 125-Year-Old NYC Property for $10.75 Million

Alchemy Ventures Buys 125-Year-Old NYC Property for $10.75 Million

by Phil Hall | Mar 19, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Alchemy Ventures, an affiliate of Alchemy Properties Inc., has acquired a 125-mixed use property in New York City’s East Village for $10.75 million. The five-story, 9,634-square-foot mixed-use property at 151 Avenue A was built in 1900 and encompasses eight...
Four Real Estate Scammers Indicted for NYC Deed Theft Schemes

Four Real Estate Scammers Indicted for NYC Deed Theft Schemes

by Phil Hall | Mar 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Four people and three companies were indicted for a series of deed theft schemes that resulted in three New York City homeowners having their residences stolen. The schemes occurred between March and July 2023 and impacted homeowners in the Kew Gardens Hills, Queens...
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