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Brack planning luxury conversion at Tiffany building.


Brack n. 1. An opening caused by the parting of any solid body; a crack or breach; a flaw.
Stain or brack in her sweet reputation.
- J. Fletcher.

1. Salt or brackish water.
 Capital Real Estate--USA has acquired 15 Union Square West from Amalgamated a·mal·ga·mate  
v. a·mal·ga·mat·ed, a·mal·ga·mat·ing, a·mal·ga·mates

v.tr.
1. To combine into a unified or integrated whole; unite. See Synonyms at mix.

2.
 Bank in an $80 million dollar transaction.

The 81,000 s/f seven story building, located at the southwest corner of 15 Street and Union Square West, dates back to 1870 when it was built as the home of Tiffany and Co. Fronting on historic Union Square Park, the building will be converted to ultra luxury residential condominiums with high end retail.

Moshe Azogui, chief executive of ricer of Brack Capital Real Estate--USA said, "15 Union Square will be woven into the urban tapestry Urban Tapestry is a three-woman band that performs filk music, composed by Debbie Ridpath Ohi, Allison Durno, and Jodi Krangle. As a group, they won the 'Best Performer' Pegasus Award in both 1997 and 2004.
Discography
  • Castles and Skyscrapers, 1994.
 of Union Square Park, evoking its colorful life and history. It will be one of the last great opportunities in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 to own and live in a signature building with a view of this historic park and neighborhood."

Bill Shanahan, vice chairman and partner of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  Investment Properties Institutional Group (IPIG IPIG iOpus Private Internet Gateway
IPIG Ill Protocol Implementors Group
) represented both buyer and seller.

The transformation of the building will acknowledge its history and architectural significance, with a contemporary flair. The original building was designed by John Kellum, one of the primary architects of the Old New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 County Courthouse at 52 Chambers Street, better known as the Tweed Courthouse.

The project development team includes the award-winning firm of Perkins Eastman Architects and renowned designer Vicente Wolf for the interior. Corcoran Group Marketing has been retained to market the property. Brack Capital Real Estate--USA, which owns and manages a number of developments in New York and Florida, is known for its meticulous restoration and renovation of the 90 West Street, the Cass Gilbert designed landmark damaged during 9/11.

Other current New York projects include the landmark Olcott at 27 West 72 Street, Element at 555 West 59 Street, 230 Riverside Drive, 240 East 27 Street, 150 East 85 Street and The Chartwell House at 1760 Second Avenue.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Date:Nov 22, 2006
Words:310
Previous Article:People skills put Jaccom back in the thick of things. Mark Jaccom, president, tenant representation division, GVA Williams.(PROFILE OF THE WEEK)
Next Article:Troutbrook swoops in to buy 21,000 s/f Brooklyn parcel.
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