According to O'Connor Capital Partners, the Real Estate Finance Bureau of the state of New York Office of the Attorney General has declared Manhattan House's (200 East 66th St.) offering plan effective. The attorney general has accepted for filing an amendment to the offering which authorizes formation of the condominium. Closing on residences under contract will therefore commence shortly.
Manhattan House is Manhattan's premier condominium conversion project. This historic landmark was designed by Gordon Bunshaft of Skidmore, Owings & Merrill in 1952 and is being restored to its stunning modern grandeur by SOM and a team of interior designers.
Located on New York's Upper East Side, this grand Modernist icon offers expansive, family-sized condominiums and spacious pied-a-terres, along with one of the largest private residential gardens in the city.
O'Connor Capital Partners, founded in 1983, is a privately held real estate investment and development firm. Â Â The firm is headquartered in New York with regional offices in Mexico City and Los Angeles. Â O'Connor Capital Partners is focused on principal investing through private equity funds, and concentrates its efforts on direct investments in high-quality assets in major North American metropolitan markets. Notable New York Metro projects include The Westchester in White Plains, Menlo Park Mall in New Jersey and Parkchester in the Bronx. Â O'Connor has participated in the development of high-end residential projects in most of the major cities in the U.S. and Mexico. Â Since inception, the firm has acquired or developed more than $15 billion of property on behalf of various investment funds, institutional clients, and its own account, encompassing all major property types. Â
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account