Archive for May, 2014

Posted By:   on May 20 2014

Source: The Real Deal Anthony Malkin’s Empire State Realty Trust has purchased the ground and operating leases for two Midtown properties. The REIT exercised its option to purchase the ground and operating lease for 112 West 34th Street and the [...]

Posted By:   on May 16 2014

Source: The Real Deal Former New York Governor Eliot Spitzer is back in the real estate game. On Thursday, he sold 144 rental apartments for $147 million in the Corinthian, a family owned condo-building. Gaia Real Estate, an investment firm [...]

Posted By:   on May 14 2014

Source: Bloom Berg Fortress Investment Group LLC is preparing a bid to buy Stuyvesant Town-Peter Cooper Village, the Manhattan apartment complex whose future has been in limbo since its owners defaulted on a $3 billion mortgage four years ago, according [...]

Posted By:   on May 12 2014

Source: Page Six Dr. Dre — the self-proclaimed first billionaire of hip-hop — is celebrating Apple’s bid to buy Beats Electronics by picking up Gisele Bundchen and Tom Brady’s sprawling $50 million mansion in California, Page Six has learned. Apple [...]