News:
Brokerage
Posted: November 22, 2022
Goldman and Holm of Brown Harris Stevens sell two hotels for $16.91 million to AIDS Healthcare Foundation
Manhattan, NY Two Manhattan hotels represented by Brown Harris Stevens commercial agents John Goldman and Paul Holm have sold to the global non-profit AIDS Healthcare Foundation.
Hotel Caribe at 515 West 145th St., owned by Crosstown Hotel Inc., and Hamilton Heights Casablanca Hotel at 511 West 145th St., owned by Hamilton Heights Enterprises, LLC each sold for $8.455 million, for a combined total of $ $16.91 million. Oxford Properties represented the AIDS Healthcare Foundation.
“We are very pleased that the sale of both hotels went smoothly, and that the AIDS Healthcare Foundation can now utilize these spaces to continue their important work,” said Goldman.
The hotels were on the market for approximately six months.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
.gif)
September Promotion
