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NYC Condo Complex Offers Residents to Buy Parking Spaces for $500,000

NYC Condo Complex Offers Residents to Buy Parking Spaces for $500,000

by Phil Hall | Sep 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Trying to find parking in New York City can be a challenge, but one condominium is offering its residents a chance to buy their own subterranean parking space – for $500,000. The New York Post reported the residents of 150 Charles St. in Manhattan are being given the...
Hits and Misses for the Real Estate Week of Sept. 23-27

Hits and Misses for the Real Estate Week of Sept. 23-27

by Phil Hall | Sep 27, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kamala Harris talks about housing, Kmart disappears from the retail scene and an Oscar nominee turns landlord. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 23-27. Miss: Another Bowl of Word Salad. Vice President...
Vanderbilt University Leases 2.2-Acre Campus in Manhattan

Vanderbilt University Leases 2.2-Acre Campus in Manhattan

by Phil Hall | Sep 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nashville’s Vanderbilt University has signed a 99-year lease on a 2.2-acre campus property in the Chelsea section of Manhattan. The campus, which takes up nearly a full city block and encompasses 13 buildings spanning approximately 150,000 square feet, is owned by The...
New Hotel Planned at NYC’s Rockefeller Center

New Hotel Planned at NYC’s Rockefeller Center

by Phil Hall | Sep 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Kimpton Hotels & Restaurants, a division of IHG Hotels & Resorts (NYSE: IHG), is teaming with Extell Development Company for the creation of a new hotel at New York City’s Rockefeller Center. The 33-story Kimpton Rockefeller Center is set to open in late 2025...
Maverick Real Estate Partners Closes Seventh Flagship Fund

Maverick Real Estate Partners Closes Seventh Flagship Fund

by Phil Hall | Sep 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Maverick Real Estate Partners LLC (“Maverick”), a New York City-based investment manager focused on distressed debt secured by commercial real estate, has closed Maverick Lien Fund VII LP with commitments of $232.4 million from pension funds, endowments, foundations,...
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