Savanna announced the sale of 2 Rector Street to CIM Group and Kushner Companies. The sale price was $140 million, according to the New York Post.
Monthly Archives: March 2014
[Link] Cecora of CIA Group brokers $52 million sale
Wall St.-based brokerage firm Platinum Properties sold 14-20 West 40th St. for $52 million, with the company’s executive VP of investments, Raymond Cecora, acting as sole broker.
[Link] $50 MILLION NOTE ON DEVELOPMENT SITE AT 111 WASHINGTON STREET
The $50 million note on the development site at 111 Washington St. was just purchased for an amount “close” to par from the New York Community Bank by Pink Stone Capital, according to an article in today’s edition of The New York Post by Lois Weiss.