News:
Brokerage
Posted: March 1, 2016
Hakimian and Scharf of HPNY assist in $71 million off-market sale
771 Washington Street - Manhattan, NYManhattan, NY According to public records, a two-story retail building in the Meatpacking District has been sold in an off market transaction for $71 million.
771 Washington St., located at the corner of Washington and W. 12th St. is 20,000 s/f with an additional 20,000 s/f of development potential. Occupied by restaurant Barbuto, the property consists of over 100 ft. of frontage on Washington St. and 90 ft. of frontage on W. 12th St.
According to records, the seller of the property listed is Washington LLC and the purchasing entity was 771 Washington Street LLC.
Ivan Hakimian, HPNYIvan Hakimian and Eli Scharf of HPNY were involved in the off market sale.
Tags:
Brokerage
MORE FROM Brokerage
GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions
Manhattan, NY GFP Real Estate closed three office leasing transactions totaling 9,952 s/f at 322 Eighth Ave. in Chelsea, highlighting continued leasing momentum at the recently repositioned office
Quick Hits
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
.gif)
August Promotion
