John Howells
-
Partners Plan to Convert Historic Landmark Hotel into Corporate Apartments
A group of investors have bought big in Midtown Manhattan, acquiring the 153,000-square-foot Beekman Tower Hotel for $82 million. The investors plan to convert the property, a 174-room art deco hotel, into furnished corporate apartment suites.
Northeast 06 February 2013 20:28
You May Also Like
-
NAI Capital Completes OC Ground Lease
The 99-year ground lease valued at $287 million includes three parcels located in Santa Ana, Calif. The tenants plan to develop more than 500 affordable housing units.
19 December 2018 16:09 -
Preferred Apartment Communities Sells Nashville Asset
A joint venture between Security Properties and Reinsurance Group of America picked up the suburban 364-unit community for $55 million.
29 October 2018 15:05 -
What Stands Out in Chicago’s Luxury Multifamily Market?
As the city's high-end housing stock becomes increasingly diversified, developers are more committed to serving residents' needs. Optima President Tara Hovey shares the story behind one of the company's successful projects.
04 December 2018 15:51 -
Opus Breaks Ground in Downtown Minneapolis
The six-story building is the company's third residential development in downtown Minneapolis and its eighth in Minnesota. The community is expected to be delivered in 2020.
18 December 2018 15:04 -
Greystone Stays Bullish on Affordable Housing
In an exclusive video interview, CEO Stephen Rosenberg outlines the firm's expansion strategy, including plans to increase investment in communities with on-site health-care services.
05 September 2018 17:15