Capital Advisory Services
Eastern Consolidated's seasoned team of advisors have a strong and diverse track record of structuring, originating, and delivering commercial real estate debt and equity transactions on behalf of the owners of a variety of asset classes including office, multifamily, hospitality, and development sites for projects initiated by a variety of developers and owners.
Blackstone Is Selling NYC Skyscraper for $640 Million
Blackstone Group LP agreed to sell a Manhattan skyscraper for $640 million to a New York-based real estate investment firm, according to a person with knowledge of the transaction, another sign that commercial deals in the borough may be starting to pick up.
Manhattan commercial property sales beating last year’s
Sales of Manhattan investment properties are running ahead of last year’s pace, helping to validate the view of many commercial brokers that the snoozy market of 2017 wouldn’t be repeated.
Foreign Investors Take A Break From New York Market
Changes in global markets and geopolitics led to a precipitous drop in foreign investment into Manhattan real estate last year.