Cushman & Wakefield brokered the transaction, which saw an incredible amount of interest, more so than almost any property the Bronx team has listed this year.
The six-story, 151,235 square-foot project will include a 212-room hotel, three street level restaurant/retail spaces totaling 12,711 square feet; one of which will have access to an outdoor terrace that faces Hanover Street; and a second-floor hotel operated café/bar.
Previous CEO of Ares Commercial Real Estate Corp., Jamie Henderson will join the firm as EVP in 2020.
"Northerners and other homebuyers are not just purchasing second homes; they are bringing businesses and moving here full time,” says MIAMI Chairman of the Board José María Serrano.
American Water also announced it had reached an agreement to sell its Keystone Clearwater Solutions operations of Hershey, PA to SC Water LLC, a College Station, PA-based natural gas and oil industry investment group.
According to an MJ Freeway and New Frontier Data survey, U.S. cannabis sales from consumers 55 years or older increased by 50% since 2015.
OYO Hotels & Homes, a young hotel start-up, has appointed industry veteran Betsy Atkins, CEO and founder of Baja Corporation, to its board of directors as an independent member.
Small and local retail tenants are starting to kick tires as they become attractive to landlords who were once interested in leasing to national tenants.
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