Posted by Leonard Steinberg on June 22nd, 2013 The chic art gallery block on West 24th Street between 10th and 11th Avenues, home to Gagosian, is getting a swell new neighbor…….a facade rendering has now been revealed: Designed by Cary Tamarkin, the concrete and black steel windowed building is quite a looker and brackets the… [Read More]
SHVO NO!
Posted on May 22nd, 2013 Michael Shvo is back……and this time he is returning as a developer, having partnered with an established developer to buy the LUKOIL/GETTY gas station (reported fist here, btw….). Shvo, with developer Victor Homes, beat out competitors to acquire 239 Tenth Avenue, a gas station site at Tenth Avenue and West… [Read More]
LUKOIL SITE ON TENTH AVENUE SELLS
Posted by Leonard Steinberg on May 1st, 2013 The illustrious LUKOIL site at 239 Tenth Avenue at the corner of 24th Street in the heart of the West Chelsea Arts District has supposedly gone to contract after multiple bids…..and it appears the price was several million dollars over the asking of $ 18,95million. The site… [Read More]
BERNANKE DELIVERS GREAT NEWS FOR REAL ESTATE
Posted on September 14th by Leonard Steinberg Fed. chief Ben Bernanke delivered some great news for the financial markets and especially real estate land: he plans on keeping interest rate low ‘well into 2015’: That bodes especially well for New York real estate buyers who currently confronted with ultra-limited inventory of existing apartments will feel… [Read More]