Archive for February, 2009
Atco Loses Atlas Park at 8000 Cooper Ave in Glendale That Hemmerdingers Owned Since 1920s
(post by BT) In these economic times, one missed payment could mean that you lose a mall. Especially if your mortgage is held by French banks Societe Generale and Calyon. The Shops at Atlas Park mall is changing hands effective today after its developer Atco Properties & Management, defaulted on a loan payment. What went [...]
20Feb2009 | | 0 comments | Continued
Blame Burton Jablin and HGTV’s Real Estate Reality TV for Housing Market Collapse
(post by Dee) A real estate investor, a Realtor or maybe just someone who has purchased and sold a couple of properties before could quickly see what was wrong with those “reality” real estate TV shows. On one of them, the host talked about buying a house in some dumpy town in North Carolina for [...]
14Feb2009 | | 0 comments | Continued
NIghtclub Eugene Shuts Door after 18 Years at 27 W 24th St
(post by Dee) Club Eugene, located at 27 W 24th Street, entertained NYC for 18 years… It has closed two weeks ago without any hoopla or even much mention, in general media. Most guest list and nightclub info sites, like Velvet Rope, still don’t mention anything. The 17,000 sq ft, 2-story place in now being shopped around to “more neighborhood-friendly” tenants, according [...]
12Feb2009 | | 0 comments | Continued
Free Mini Cooper for Leasing 717 Madison Avenue? NYC Retail is Mixed News
(post by Dee) If you help Prudential Douglas Elliman lease 717 Madison Ave, Faith Hope Consolo will give you 2009 Mini Cooper on top of your commission. The building has 1900 sq ft on ground level, another 1900 on 2nd floor and a 600 sq ft basement. It is located on Madison between 63rd and [...]
6Feb2009 | | 0 comments | Continued
Steinway St in Astoria Turning Into Vacancy Street
(post by BT) A client of mine received a newsletter today from a local Realtor. Looks like he targeted commercial property owners in western Queens. Interesting notes, surely about retail situation on Steinway Street in Astoria. Here it is:
You can’t help but notice a suddenly massive amount of vacant stores in Astoria on Steinway. But [...]
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