Washington Heights Apartment Building Trades for $10M
An 11-story, pre-war apartment building in Washington Heights has been sold for $10.2 million. Located at 788 Riverside Dr, the 80,678 square feet building houses 62 apartments, mainly comprised of rent-stabilized and rent-controlled units, alongside some free-market units. With…
Tribunal Tweaks RERA Order, Promoter to Pay for Flat Delay
MUMBAI: The promoter of a real estate project at Mira Road must pay interest from 2013 on amounts paid by home buyers till actual granting of possession of the flat. The Maharashtra Real Estate Appellate Tribunal said this in a…
BDR Pharma CMD’s family buys apartments in Mumbai’s Worli for Rs 81 crore, ET RealEstate
BDR Pharmaceuticals’ Chairman & Managing Director Dharmesh Shah’s family has purchased two adjacent sea-view luxury apartments in Mumbai’s Worli locality for a total of nearly Rs 81 crore. The apartments on the 39th habitable floor of the super-luxury project Artesia…
40-Story Mixed-Use Tower OK’d in Raleigh
To make the project work, Dalian Development had to assemble nine downtown Raleigh lots. There is currently a mix of single-story office and retail spaces on-site. The combined 1.12 acres will be enough to build a 40-story building with apartment,…
SEBI to oversee online platforms offering fraction real estate assets, ET RealEstate
MUMBAI: The board of India’s markets regulator on Saturday said it will regulate online platforms offering fractional ownership of real estate assets, and such platforms will be registered under a framework for small and medium real estate investment trusts. In…
Powai residents unite to oppose Brookfield’s proposed mall, plan legal action, ET RealEstate
MUMBAI: Residents of Powai‘s Hiranandani Gardens met on Sunday morning and decided to move Court to protest against the upcoming mall in place of the current Citipark, a two-storey commercial building. Canadian realtor Brookfield Properties which has bought over the…
ED searches DLF in money laundering case against Supertech, Real Estate News, ET RealEstate
NEW DELHI: The Enforcement Directorate (ED) has searched the premises of realty major DLF in Gurugram as part of a money laundering investigation against real estate firm Supertech and its promoters, official sources said on Saturday. The central agency has…
Port of Seattle Details Maritime Improvement Plans
The Port of Seattle has laid its plans for spending after adopting the 2024 budget. More than $85 million has been committed to extending the Port’s shore power initiative and construction of a new maritime startup accelerator. The Port’s maritime…
Dart to Demo Data Center, Develop SLC Highrise Apartment
Dart Interests LLC acquired a 2.32-acre site in downtown Salt Lake City for approximately $19 million. Comprising two parcels, the site incorporates a parking lot totaling roughly 1.03 acres and a vacant data center of 305,000 square feet on 1.29…
Colliers Hires Industrial Team in North Central Region
Colliers has hired Andy Lubinski as vice chair, Aaron Whitmore as associate vice president, Ethan Haglund as senior associate and Just Felix as a transaction manager. Lubinski will oversee multistate site selection, tenant representation, and disposition projects. He and the…