Conor H. @c_huss
New York City commercial real estate investing Joined December 2010-
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Two years since lease-up. Only one vacancy. A 3BR/3BA leased for $24.5K/month - $150 PSF. Arguably NYC’s best rental.
Two years since lease-up. Only one vacancy. A 3BR/3BA leased for $24.5K/month - $150 PSF. Arguably NYC’s best rental.
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Two years later, the other shoe has finally dropped! Global Holdings takes control through their $100m pref position
Two years later, the other shoe has finally dropped! Global Holdings takes control through their $100m pref position
My plumber was live trading futures while regrouting my tub. Not sure if my bathroom or the market is more screwed
The most shocking rent-stabilized deal yet – 312 E 106th St '16: $8,825,000 '25: $550,000 Translates to ~$40 per square foot!
My favorite thing about marketing emails for pre-war buildings in Ridgewood & Bushwick is how quickly I can delete them now
Despite being on the waterfront, this location is far from prime Williamsburg Sales for the 89-unit development launched in October, with 15% already sold Naftali is arguably the most successful condo developer in NYC these days – would be impressive if he pulls this off
Despite being on the waterfront, this location is far from prime Williamsburg Sales for the 89-unit development launched in October, with 15% already sold Naftali is arguably the most successful condo developer in NYC these days – would be impressive if he pulls this off
Not often do you see a $120m loan provided for a *seven* unit project Average unit sellout is $38 million
Whenever I hear about either the West Wharf, Gowanus Wharf, or Williamsburg Wharf multifamily developments
It's refreshing to underwrite a deal where the broker can't even provide the bedroom count in each unit. NYC deals are way too buttoned-up these days
Respect to Charney for going all-in on Gowanus with four development sites totaling ~2,000 units Once completed, these projects should be valued at over $1.5 billion
Conor H. retweeted
Great to run into @c_huss at the Yankees playoff game tonight! Thanks to @LeeAssociatesRE NYC for the invite.
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