Sales Beat

Yakety Yack, Don’t Talk Back: Eric Hader ‘Cleanin’ Up’ to the Tune of $250 M. at Popular Music Haven

Yakety+Yak

A building described by some as “the most important generator of popular songs in the Western world,” including The Coasters‘ 1958 hit The Brill Building at 1619 Broadway is famous for housing music industry offices and studios where some of the most popular American music tunes were written over the last several decades.

Now, its Read More

Sales Beat

Apartment Building, Former Church, Music Legend Hangout Nets $42.5M

309 West 57th Street

A property at 309 West 57th Street in Midtown West that once housed a Victorian Gothic church and later saw the likes of John Lennon and Frank Sinatra pass through its doors has changed hands for $42.5 million.

The 16-story, 75,600-square-foot rental property with 102 apartments and nearly 14,000 square feet of commercial space – currently home to night club Providence NYC – was purchased by New York City-based real estate investment firms Imperium Capital and Bronstein Properties.

The property, site of a former church and later a prominent recording studio, is located near a number of popular amenities and development projects, and it’s the latest in a string of high-profile acquisitions made by Imperium Capital. Read More