Posted by Leonard Steinberg on December 4th, 2011 We have read the headlines about how rents keep rising, in some areas rather dramatically, and now word that Sam Zell’s Equity is about to buy a 26,5% stake in Archstone, both two of the US’s largest owners of some 200,000 rental apartments. So why would Equity… [Read More]
CITARELLA COMING TO WEST CHELSEA?
Posted on August 21st, 2011 The new EQUITY/Sam Zell rental building at 500 West 23rd Street may be bringing a worthy counter-balance to its rather mundane architecture to the West Chelsea neighborhood: rumor on the street is the ‘ultimate gourmet market’ Citarella may be the new street level retail tenant. With 5 locations currently in Manhattan and… [Read More]