SL Green sells 49% stake in Stonehenge 57 to BlackRock

SL Green Realty sold a 49 percent stake in Stonehenge 57, its 261-unit rental building on Sutton Place, to asset manager BlackRock in a deal that values the 19-story property at $170 million, the landlord announced Wednesday. In late 2014, SL Green bought a 50 percent stake in the residential and commercial portfolio owned by Stonehenge Partners, […]

PMG, Hakim Organization look to sell massive clock tower development site in LIC

Kevin Maloney’s Property Markets Group and the Hakim Organization are looking to sell their 1 million-square-foot, 800-unit clock tower development site in Long Island City. The developers have listed the site at 29-37 41st Avenue with commercial brokerage HFF, Queens Beans first reported. Andrew Scandalios, Christopher Peck, Eric Anton, Rob Hinckley and Jeff Julien are […]