Financier drops $30M on two pads at 1 Great Jones Alley Marc Leder’s new apartments collectively span more than 9K sf
Rendering of 1 Great Jones Alley (Credit: MARCH) and Marc Leder (Inset)
Private equity executive 阿爱上海同城 Marc Leder who s famous for throwing grandiose parties in the Hamptons might be bringing the ragers to Noho. The financier bought two apartments at Madison Realty Capital s 1 Great Jones Alley for a combined $30 million, according to the New York Post.
The 5,595-square-foot penthouse duplex, 上海贵族宝贝交流区 which features four bedrooms and 1,000 square feet of outdoor space, was asking $23.7 million. The sec上海千花网 ond unit, which is located just below the penthouse on the 10th floor and spans 3,300 square feet, was asking $9.9 million.
Douglas Elliman’s John Gomes and Fredrik Eklund are marketing the 16-unit, 12-story luxury building at 688 Broadway. According to StreetEasy, nine of the units are under contract. Leder was represented by Elliman’s Tal and Oren Alexander, and Clayton Orrigo, according to the Post.
Leder, the CEO of Sun Capital Partners, is based in Boca Raton and made his first investment in New York City real estate with the purchase, the Post reported. Sun Capital Partners has an office in Manhattan.
The divorced financier in the past has made headlines for throwing over-the-top parties in the Hamptons, complete with celebrities, hordes of nude women and liquor by the gallon.
Madison Realty Capital principal Josh Zegen has targeted a $130 million sello[……]
City Council signs off on redevelopment of St. John s Terminal Some council members voted against t阿爱上海同城 he project because city’s MIH policy will not be enforced
Rendering of St. John’s Terminal
The City Council gave the final green light on Thursday to Westbro爱上海 ok Partners and Atlas Capital Group s proposed 1.7 million-square-foot redevelopment of the St. John’s Terminal, ending months of negotiations between the developers, a nonprofit trust and an influential local politician.
The rezoning approval which some council members voted against allows Westbrook and Atlas Capital Group to move ahead with the project at 550 Washington Street, DNAinfo reported.
The developers plan to turn St. John’s Terminal, a three-block long building along the Hudson River, into an office and residential complex with over 1,500 apartments in four buildings. There s also plans for a hotel and at least 爱上海龙凤419桑拿 of 400,000 square feet of retail space.
In October, the City Planning Commission agreed to allow the developers to pay $100 million for 200,000 square feet of Pier 40’s development rights to the Hudson River Park Trust. The proceeds of the sale will be used to repair the pilings that keep the pier afloat.
The developers have pledged to keep 30 percent of apartments rent-regulated, resulting in nearly 500 below-market units. But Westbrook and Atlas will not have to comply with the city’s mandatory inclusionary housing policy. The city allowed the St. John s Terminal developers to evade that[……]
We are less than 24 hours away 上海贵族宝贝论坛 from our爱上海同城论坛 third annual Broward County Real Estate Showcase and Forum! If you can t make it to the event, which starts at 12 p.m. Thursday at the Design Center of the Americas in Dani上海贵族宝贝 a Beach, don t fret we ll be posting live updates on our social sites throughout the day.
Follow along or add your two cents to the conversation by using #TRDForum on Twitter and Instagram. We’ll be providing live updates throughout t爱上海同城手机版 he day, so keep an eye上海贵族宝贝论坛 on @trdmiami on Twitter and @trdsofla on Instagram, as well as The Real Deal South Florida‘s Facebook page.
If you experience a last minute changes of plans, you can still buy tickets on our Eventbrite page. Enjoy the show!
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Shake Shack to set up shop in West Village上海龙凤论坛 Company mo爱上海同城手机版 ving its office from Union Square to Trinity’s 225 Varick Street
225 Varick Street and Shake Shack s Da上海贵族宝贝 nny Meyer (Credit: Getty Images)
Shake Shack is moving its offices from Union Square to the West Village.
The popular burger chain has inked a 15-year, 39,000-squa上海同城对对碰交友社区 re-foot lease at 225 Varick Street for its new home office and flagship restaurant that will feature a test kitchen, according to sources and Cushman Wakefield, which brokered the deal.
Mark Weiss led the Cushman team, and a CBRE team led by Paul Amrich represented the landlord, Trinity Hudson Holdings.
The 12-story Varick Street building has nearly 377,000 square feet of space overall, with tenants includin爱上海同城论坛 g Workman Publishing and the National Audubon Society. Weiss praised the building in a statement for its “high visibility, flexible, moderately priced location.
Shake Shack also plans to open a joint in 2018 at BFC Partners’ Empire Outlets on Staten Island, and the burger chain signed a 10-year lease last year for 2,500 square feet in Vornado Realty Trust’s Penn Station retail corridor.
Tags: CBRE, Cushman Wakefield, shake shack
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Retailers shift focus back to brick and mortar as mobile apps cut into their
market share UberEats is driving some restaurants to reduce their physical footprint
My Ceviche and the Uber Eats app (Credit: Getty Images)
Mobile applications are reshaping the way retail tenants allocate space in brick-and-mortar stores, according to entrepreneurs who led a panel discussion on the South Florida retail market.
Sam Gorenstein, COO and executive chef for My Ceviche and Zuuk Mediterranean Kitchen, said UberEats has prompted the Mi上海贵族宝贝论坛 ami-based restaurant chain to closely evaluate how much it will pay and how much space it needs for future store openings. “Some of these technologies are making us adapt our business model,” Gorenstein said. “Knowing we now have to share the pie with a huge platform like UberEats, we are trying to minimize the per square foot price and the size [of restaurants] to accommodate for that loss of share.”
Gorenstein was part of a panel discussion hosted by the Commercial Industrial Associ上海贵族宝贝交流区 ation of South Florida and held at The Craftsman bar in Miami Brickell Village on how local retailers are adapting to succeed in today’s technology-driven retail market. He was joined by moderator Tadd Schwartz, president of Schwartz Media Strategies, and panelists Ellen Latham, founder of Orangetheory Fitness; Mitch Kaplan, owner of Books Books; Edward Beiner, founder of Edward Beiner Purveyor of Fine Eyewear; and Kathy Moorman, Baptist Health’s corporate vice pr[……]