Emmes Asset Management paid $30 million for a six-story former warehouse in Astoria that houses the beer garden Studio Square, the Midtown-based firm told The Real Deal. Emmes made the deal on behalf of one of its pension fund clients, which it did not identify. The seller, S Hospitality Group, occupies the entire space at…
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Pinnacle Realty of New York announced the following transactions: Approximately 75,000 square foot building + 10,000 sq. ft. lot, located at 58-75 Queens Midtown Expressway Maspeth NY to Lucky Supply Inc for $12,500,000. Partners David Junik; James Tack represented the sellers and associate broker Abraham Lowy represented the purchaser. Approximately 32,000 square foot building located…
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Pinnacle Realty of New York LLC announced the following residential development sale transactions: Partners David Junik, Decio Baio and senior partner Gary R. Blum represented both the seller and buyer of a 214,000 s/f development site at 44-35,37,39,43 Purves Street, Long Island City. The Rabskey Group paid $32 million for the site. The same team…
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Investment sales ranking finds some firms surging and others stumbling amid tight In the last year, the number of New York City buildings sold with the help of a broker shot up significantly, according to an exclusive analysis conducted by The Real Deal. While the vast majority of prime Manhattan deals have historically been sold…
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