Archive for the ‘New York’ Category

German investors pay $110M for Upper East Side retail space

Source: The Real Deal Just two months after picking up a Times Square commercial space, GLL Real Estate Partners has snagged a full-block retail condo on the Upper East Side. The German real estate investment firm paid $110 million for the 100,000-square-foot space on the ground floor at Manhattan House. Duane Read, Staples and Lululemon [...]

Healthy profit for Bloomberg CEO’s UWS mansion

Source: NY Post Former Mayor Bloomberg’s right-hand man, Dan Doctoroff, has made a huge profit on his Upper West Side mansion, after he sold the property for some $10 million more than he bought it for 20 years ago. Doctoroff — who is CEO of Bloomberg LP — and his wife Alisa paid $1 million [...]

Israel Englander’s daughter buys $15.5M Park Avenue co-op

Source: The Real Deal Laura Englander Levin, daughter of billionaire hedge fund manager Israel Englander, bought an apartment at 960 Park Avenue, according to Wednesday’s property records. Levin, a radiologist in Manhattan who is married to author Daniel Levin, paid $15.5 million for unit #10E in the 1912 building. The seller and exclusive broker of [...]

Richard Gere slashes price of Hamptons estate to $47.5M

Source: The Real Deal Richard Gere has lowered the asking price of his Hamptons home by an additional $8.5 million after being unable to sell the property for the original $65 million last summer. The price is now down to a mere $47.5 million. This discount follows a $9 million price cut last April, and [...]