New York builder buys Ciccarelli’s building, plans creative loft-style space

Source: Crain’s Detroit Business The 85,000-square-foot building that houses Ciccarelli’s 22 Sports Bar on its first floor has sold to an out-of-state construction company for $1.12 million. Dan Callaway, the broker at Bloomfield Hills-based Forum Group Commercial Real Estate LLC who represented Jamaica, N.Y.-based Damo Construction Co. Inc., said the company plans to turn the [...]

EV beer building hits the market asking $8.5M

Source: The Real Deal The Houston Street Beer Distributors building on East Second Street between Avenue C and Avenue D has hit the market asking $8.5 million. Corcoran is marketing the one story warehouse at 298 East 2nd Street as a development site, according to EV Grieve. “This prime development site is across the street [...]

Schwab mansion on the market for $22.5M

Source: NY Post A Gilded Age, 30-foot-wide Georgian-style brick mansion with a colorful past that was once home to steel magnate Charles M. Schwab is on the market for $22.5 million. Built in 1898, the home at 323 W. 74th St. is currently configured as an owners’ triplex with four renters, but it can be [...]

Second Saks Fifth Avenue to Open in Lower Manhattan

Source: Commercial Observer Iconic retailer Saks Fifth Avenue will open a second New York store at Brookfield Place as its owner, Hudson’s Bay Company (HBC), plans to consolidate its New York City offices and relocate to the complex. First reported by Real Estate Weekly, HBC has signed an approximately 20 year lease for roughly 400,000 [...]