Naftali to Buy Manhattan Tower for More Than $800 Million

Naftali to Buy Manhattan Tower for More Than $800 Million

Naftali Group, a real estate developer with footholds in New York and Miami, struck a deal to buy a luxury apartment building on Manhattan’s Fifth Avenue for more than $800 million, according to a person familiar with the matter.

New Renderings Revealed for The Willow at 201 East 23rd Street in Gramercy, Manhattan - New York YIMBY

New renderings have been revealed for The Willow, a 19-story residential building under construction at 201 East 23rd Street in Gramercy, Manhattan. Designed by COOKFOX Architects and developed by Naftali Group, the topped-out 210-foot-tall structure will yield 69 condominium units as well as ground-floor retail space. The 7,200-square-foot lot is located at the corner of East 23rd Street and Third Avenue.

B&H Photo Buys Former Sam Ash Space and Office Building at Discount

Photography giant B&H is expanding its footprint at the corner of Hell’s Kitchen with the $150 million purchase of 333 W34th Street — a 10-story office building whose retail space was most recently home to Sam Ash Music. The acquisition was at a major discount, which has become typical in recent transactions on older West Side commercial properties.The commercial building at 333 W34th Street between 8th and 9th Avenues has been purchased by B&H.…

Rentals at Williamsburg Wharf Will See First Move-Ins This Spring - Connect CRE

Naftali Group and Access Industries have launched leasing at Two Williamsburg Wharf and Three Williamsburg Wharf, two new luxury rental buildings at Williamsburg Wharf, a 3.75-acre master-planned development along Williamsburg’s East River shoreline. Located at 478 and 482 Kent Ave., respectively, Two and Three Williamsburg Wharf will offer 334 luxury apartments across the two residential towers and bring a curated collection of indoor and outdo…

Naftali Agrees to Buy 800 Fifth Avenue Condo Tower for More Than $800M

Development and investment firm Naftali Group has agreed to buy the 33-story luxury apartment building at 800 Fifth Avenue for more than $800 million. Naftali has entered a contract to buy the 208-unit property from Spitzer Enterprises — run by former New York Gov. Eliot Spitzer — and Winter Properties, Bloomberg reported. Newmark (NMRK)’s Adam Spies and Doug Harmon brokered the sale. Spitzer declined to comment, while the Newmark brokers and sp…