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Testimonials

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Sandro Rosell
FC Barcelona President
Tuesday, October 24, 2017

Real Estate

Rubin Schron, one of NYC’s major property owners has made a $2 billion offer to purchase the iconic Empire State Building in midtown ManhattanRubin Schron, one of New York City’s major property owners and president of Cammeby’s International has now made a $2 billion offer to purchase the iconic Empire State Building. As a seasoned real estate investor, Mr. Schron’s offer to buy was predicated on a cash deal. Both the Wall Street Journal and “The Real Deal” web site reported that Stephen Meister (Mr. Schron’s attorney), a partner at the law firm of Meister, Seelig and Fein had put the offer in a letter that he sent on Tuesday, June 18, to an attorney for Malkin Holdings, the firm that controls the landmark skyscraper..

Mr. Schron’s bid would possibly disrupt the plans already in the works to sell the Empire State Building as part of a public offering, according to the Wall Street

Larry King joined Miki Naftali at the grand opening of the Carlyle on Wilshire, which he worked on during his time as CEO of Elad Properties. King was one of many celebrities to buy a unit in the building. The Naftali Group has just paid over $23.13 million for a residential development site in Gramercy that it plans to develop into a 20-story condo tower, according to the New York Post.

Stribling Marketing Associates will be in charge of sales and marketing, and architecture firm Goldstein Hill and West is set to design the building, The Real Deal reports.

Company CEO Miki Naftali also bought two adjoining four-story tenement buildings on an 86,000-square-foot site at 234-238 East 23rd Street

David Bistricer, principal of Clipper Equities, who is converting the Bossert Hotel on Montague Street back to its original transient hotel status.David Bistricer’s Clipper Equity and the family-owned Rieder Holdings are switching their strategy with a nearly 200-unit Upper West Side rental building, which they were working on converting to condominiums, according to The Real Deal.

The partnership sold 752 West End Avenue for $120 million, according to records filed yesterday.

The buyer appears to be the Miami-based developer Crescent Heights.

It remains unclear why the partnership decided to sell, but the flip seems to have been

Barneys flagship store on 60th Street in ManhattanWeathering Financial Woes, Dankner Sells Barneys in Chicago

Nochi Dankner’s Property and Building Ltd.—a unit of IDB Holding Corp. Ltd.—has sold the Barneys New York building in Chicago for $154 million, giving the company a return of 89 percent on its initial investment in the property in 2011, according to a report in Jewish Business News.

Property and Building bought the relevant property in 2011 for $122 million. According to Jewish Business News, it made a “cash flow” of $68.5 million on

Chelsea Clinton and husband Mark Mezvinsky arriving for Moma Film's Fifth Annual Benefit to tribute Quentin Tarantino, at the Moma in New York City on 3 December 2012.After buying a $10.5 million condo at the Whitman, first daughter Chelsea Clinton, 33, and her well-to-do Jewish businessman husband, Marc Mezvinsky, 35, have finally listed their home at the nearby Grand Madison for $4.5 million, StreetEasy shows.

The three-bedroom, 2.5-bath condominium is listed with Marcy Grau of Stribling & Associates for $4.48 million — nearly $500,000 more than what the investment banker paid when he purchased it for $4 million in February 2008, according to The Real