• Turret takes over debt on troubled Upper East Side condo
buildings,
The Real Deal

    Turret takes over debt on troubled Upper East Side condo buildings

    David E. Dweck’s Turret Equities has acquired distressed debt tied to two Upper East Side condo buildings with a checkered ownership history. The buildings, 184 East 64th Street and 227 East 67th Street, have been owned by multiple people accused or convicted of fraud over the past decade. Their cur

    MORE

  • BXP putting 7 Times Square ground lease on the
market,
The Real Deal

    BXP putting 7 Times Square ground lease on the market

    BXP is trying its hand at a nine-figure deal in the heart of Manhattan. Owen Thomas’ firm is seeking to sell the ground lease tied to 7 Times Square, the Commercial Observer reported. BXP is reportedly expected to ask between $700 million and $750 million for the 1.2 million-square-foot property. Wh

    MORE

  • Park Slope fixer-upper tops Brooklyn’s luxury contracts
after 34% price cut,
The Real Deal

    Park Slope fixer-upper tops Brooklyn’s luxury contracts after 34% price cut

    A Park Slope townhouse with a private driveway and a two-car garage topped Brooklyn’s luxury market last week.  The home was one of 18 — nine condos, one co-op and eight single-family homes — asking at least $2 million to find a buyer, according to Compass’ weekly contracts report from July 13 to Ju

    MORE