Atlas Capital buys Morningside Heights resi building for $72M

Atlas Capital buys Morningside Heights resi building for $72M

Source: TheRealDeal.com

Hotelier Richard Born is selling a Morningside Heights building to Atlas Capital Group for $72.2 million in an all-cash transaction, according to sources familiar with the deal. Atlas is buying the residential building at 601 West 110th Street from Born, which is currently used both by private tenants and by Barnard College as a dormitory. Barnard students make up 183 of the building’s 500 overall residents, according to the college’s website. Born said the property […]

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Penthouse at 70 Vestry fails to set Downtown record; sells for $55M

Penthouse at 70 Vestry fails to set Downtown record; sells for $55M

Source: TheRealDeal.com

Once expected to be the priciest sale in Downtown Manhattan, the penthouse at 70 Vestry instead sold at a steep discount. The Vestry Street unit had been listed for $65 million – a record for Downtown Manhattan – but closed on Monday for $55 million, according to the Wall Street Journal. This puts it behind the sale of a penthouse at the Getty on West 24th Street by the High Line, which closed for $59 […]

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This article was imported from an external RSS feed distributed by TheRealDeal.com. Although the article is presumed to originate from a reputable source, JusPost Inc however reserves the right to protect itself and herein affirms that it is NOT the author or copyright owner of this article, nor does it warrant or guarantee that the content of this article is 100% accurate and without prejudice. Furthermore, JusPost Inc declares that it has not modified, nor sold or redistributed this article for profit, and has credited it with the proper source link.
Tish James says she will investigate Trump, inner circle once in office

Tish James says she will investigate Trump, inner circle once in office

Source: TheRealDeal.com

Incoming New York Attorney General Letitia James has outlined some specific investigations involving President Trump and those in his circle that she plans to pursue once in office. James told NBC News that she will look into any government subsidies Trump’s received, illegalities involving Trump’s real estate holdings in New York, the June 2016 Trump Tower meeting with a Russian official and whether his businesses are in violation of the emoluments clause. James will also […]

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This article was imported from an external RSS feed distributed by TheRealDeal.com. Although the article is presumed to originate from a reputable source, JusPost Inc however reserves the right to protect itself and herein affirms that it is NOT the author or copyright owner of this article, nor does it warrant or guarantee that the content of this article is 100% accurate and without prejudice. Furthermore, JusPost Inc declares that it has not modified, nor sold or redistributed this article for profit, and has credited it with the proper source link.
Blackstone lends Highgate nearly $250M for Park Central Hotel buy

Blackstone lends Highgate nearly $250M for Park Central Hotel buy

Source: TheRealDeal.com

The Blackstone Group’s mortgage arm provided Highgate with nearly $250 million to finance its acquisition of the Park Central Hotel. Blackstone Mortgage Trust issued three loans totaling $247.57 million, property records filed with the city Wednesday show. Records list the purchase price at $366.17 million. Representatives for Highgate and Blackstone couldn’t be immediately reached for comment. Pebblebrook Hotel Trust sold the 934-key Park Central Hotel at 870 Seventh Avenue late last month as part of […]

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This article was imported from an external RSS feed distributed by TheRealDeal.com. Although the article is presumed to originate from a reputable source, JusPost Inc however reserves the right to protect itself and herein affirms that it is NOT the author or copyright owner of this article, nor does it warrant or guarantee that the content of this article is 100% accurate and without prejudice. Furthermore, JusPost Inc declares that it has not modified, nor sold or redistributed this article for profit, and has credited it with the proper source link.
Newmark’s CEO Barry Gosin buys $8M worth of company stock

Newmark’s CEO Barry Gosin buys $8M worth of company stock

Source: TheRealDeal.com

Newmark Group CEO Barry Gosin bought $8 million worth of company shares this week, sending the stock price climbing nearly 7 percent Tuesday. Gosin, who helped steer the company toward its initial public offering one year ago, bought slightly more than 890,000 shares in two transactions Monday and Tuesday at a weighted average of just over $9 per share, filings with the Securities Exchange Commissions show. The purchase increased Gosin’s holdings in the company to […]

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This article was imported from an external RSS feed distributed by TheRealDeal.com. Although the article is presumed to originate from a reputable source, JusPost Inc however reserves the right to protect itself and herein affirms that it is NOT the author or copyright owner of this article, nor does it warrant or guarantee that the content of this article is 100% accurate and without prejudice. Furthermore, JusPost Inc declares that it has not modified, nor sold or redistributed this article for profit, and has credited it with the proper source link.
Michael Cohen, who dabbled in real estate, sentenced to 3 years in prison

Michael Cohen, who dabbled in real estate, sentenced to 3 years in prison

Source: TheRealDeal.com

President Trump’s former fixer Michael Cohen, who most recently pleaded guilty to lying about his involvement in the deal to bring a Trump Tower to Russia, was sentenced to three years in prison on Wednesday. During the federal court hearing in New York, Cohen apologized for his role in what he called the president’s “dirty deeds.” The sentencing is harsher than Cohen, who implicated the President in directing hush payments to two women that claimed […]

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