NYC’s top deals: Delshah drops $37M on apartment portfolio in Manhattan Valley
There were 211 transactions totaling $317 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, July 30. Commercial: The biggest commercial sale to hit records was in Manhattan Valley where Delshah Capital bought five apartment buildings for $36.9 million. Quality Capital
Eurostars buys Chemists Club Hotel in Midtown for $95M
A Spanish hotel operator is betting on Manhattan’s hospitality recovery. Barcelona-based Eurostars Hotel Company bought the 107-key Chemists’ Club Hotel for about $95 million from Spanish investment firm Azora, sources with knowledge of the deal said. That breaks down to about $888,000 per key for t
Crypto miner’s AI pivot encounters NY data center freeze
A beleaguered Finger Lakes bitcoin miner is betting that artificial intelligence can succeed where crypto can’t. New York’s crackdown on power-hungry data centers could complicate the pivot. Greenidge Generation, the owner of a long-controversial power plant on Seneca Lake, rebranded as Vulcan Infra
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