Corcoran Commercial Investment Group closes $7M Flatiron transaction.Suzanne Suzanne is a common female given name that was particularly popular in the United States in the 1950s and 1960s. It remained in the top 200 most popular names in the United States between 1930 and the late 1980s. Hebron Hebron, city (2003 est. pop. 155,000), the West Bank, called Al-Khalil in modern Arabic. Hebron is situated at an altitude of 3,000 ft (910 m) in a region where grapes, cereal grains, and vegetables are grown. , managing director of The Corcoran Background Corcoran. Spelling variations include: MacCorcoran, O'Corcoran,Corcorran and others. The Irish surname Corcoran is derived from the Gaelic word Corcair, now used to denote purple but formerly meaning ruddy, or 'of reddish complexion'. Group's Commercial Investment Department, announced her department has closed a $7 million all-cash sale of an approximately 50,000 square-foot loft building in the Flatiron District, off Fifth Avenue at 13-15 West 28th Street. The 10-story building is divided into sixteen loft offices and is topped off with two penthouses that total 4,000 square feet. There is substantial room to improve the building's revenue stream, as the majority of its square footage is either vacant or occupied by tenants near the end of their lease term. The owner is also considering creating a four-floor addition to the structure at a future date. The seller is Brighton 28 Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Corp. The buyer is Michael Aryeh, a second generation member of an established 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 real estate family. The Corcoran Group represented both parties in the transaction. "Our department was able to carve out to make or get by cutting, or as if by cutting; to cut out. - Shak. See also: Carve a role for ourselves despite fierce competition from all the major commercial real estate firms in the city," said Hebron. "We closed the deal in less than 60 days to the complete satisfaction of everyone involved." "The Corcoran Group is the largest privately owned residential real estate company in New York," said Barbara Corcoran, chairman and founder of The Corcoran Group. "With our new commercial investment department closing rapid transactions such as this one, I think we can look forward to the day when we rank at the top of commercial real estate firms, as well." |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion