Banker and city advocate looks to offload UES co-op
William E. Ford, chief executive of investment firm General Atlantic who also works on behalf of the Partnership for New York City, a powerful advocacy group, has listed his four-bedroom co-op, No. 17E at 550 Park Ave., for roughly $16.8 million.
Newly sold out 12-story condo tower in NoHo signals new vibe for a famed anti-capitalist hub
For the past year developers in SoHo and NoHo have felt squeezed from several sides.
The pandemic, of course, has hurt construction timelines and sales. And a proposal to rezone dozens of blocks to allow more than 3,000 apartments, a quarter of which would be for lower-income households, has some in the historic and affluent enclave worried that property values could drop.
It may come as a relief, then, to finally push a project across the finish line, as is the case with 40 Bleecker, a 12-story, 61-unit condo tower that signed its final contract on Nov. 12, seven years after Broad Street Development purchased its site.
One Boerum Place gamble pays off with huge lease deal
As Downtown Brooklyn continues to go from a governmental to a residential hub, a rental development appears to have set a record for the highest-ever price paid for a Brooklyn apartment.
The new building, One Boerum Place, has leased its largest penthouse for $27,000 per month, according to Avery Hall Investments, the project’s developer, which provided a redacted lease as proof of its claim.