It’s played host to acts as varied and legendary as Nirvana, Metallica, the Rolling Stones, Radiohead, Phish, Guns N’ Roses—the list goes on—but storied Midtown music venue Roseland Ballroom is set to close next year after a run of shows by Lady Gaga.
Then it will be redeveloped.
Year in Real Estate
English folk band Mumford & Sons will take the stage for a concert at the long-defunct Forest Hills Tennis Stadium in Queens on Wednesday – the stadium’s first in 16 years.
Piggybacking off of a report in the New York Times earlier this summer announcing that the stadium’s owner – West Side Tennis Club Read More
Brooklyn malls don’t usually come to mind as the city’s highest-grossing commercial real estate. But this year was different, with 5100 Kings Plaza, a k a the Kings Plaza Mall, taking the top spot among citywide sales when it sold for $751 million earlier this month.
It wasn’t just the biggest sale of the year—it was the biggest outright, single-trade sale in Brooklyn ever, according to data provided by Massey Knakal Realty Services.
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.