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...Its 150 condominiums were originally listed at prices ranging from $875,000 for a studio to $8mn for a four-bedroom flat. The tower also has 400 rental units on lower floors....
...It forms part of its fourth Blackstone Real Estate Partners Europe fund, which raised €6.7bn from institutional investors in 2013....
...The idea of extending that to a condominium tower might sound outlandish, even in a city that adores branded properties. (Consider: the Porsche Design Tower or the Diesel Wynwood.) But apparently not....
...New York City’s only super-tall tower outside Manhattan, Michael Stern’s Brooklyn Tower at 9 DeKalb Street, is shrouded in gloom and uncertainty....
...The founder of the Related Group, Florida’s largest property developer, watched $3bn in condominium sales evaporate as buyers walked away from towers that would become emblems of the property crisis....
...It also marked a shift from Related’s original thesis that Hudson Yards’ offices would primarily serve to drive traffic for its retailers and luxury condominiums....
...Brookfield committed $15bn this year to fund Intel’s manufacturing of a $30bn semiconductor fabrication plant in Arizona and was part of a consortium that bought a majority stake in Deutsche Telekom’s cellular tower...
...The original plan was for Hudson Yards’ office towers to play a supporting role by attracting the affluent to its retail space and condominium towers. In the event, they have been its star performers....
...operations with Vodafone Italia (FT) Software AG sells data platform to IBM for €2.1bn (FT) Intermarché and Auchan open talks on buying Casino stores (FT) UK landlord LondonMetric in talks to buy Alton Towers...
...The partners brawl as capital calls mount and Clarke captures the agony of a project gone bad. “Easy to throw potshots from Florida. Fuck you,” Stern writes to a partner, at one point....
...Similarly, creative director Chomwan Weeraworawit, together with her partner (and their brand’s name-bearer) Philip Huang, creates tie-dyed garments with indigo from north-eastern Thailand in their ateliers...
...The Shore Club’s latest iteration will feature a 20-story oceanfront tower as well as a refurbished eight-story Cromwell House, a single-family private mansion and a botanical garden....
...Even JPMorgan is now looking for a partner. LinkedIn pitches add to the anecdotal evidence of ravenous demand. It’s natural to feel a teensy bit worried by this....
...One might wonder what a British luxury car has to do with a condominium. Why not call the tower The Diamond, I ask, in reference to Bentley’s shape and black diamond motif?...
...The compromise has meant studios producing watered-down versions of games, says Daniel Ahmad, senior analyst at gaming consultancy Niko Partners....
...I’m on the Design Review Panel for the area which is undergoing a real transformation, with lots of condominiums but also some fantastic parks....
...He has spent $1.5bn to gut One Wall Street, the Art Deco headquarters built for Irving Trust in 1928, and turn it into 566 luxury condominiums....
...Hunt gives the example of Wedgwood — owned by the Fiskars Group since 2015 — as a heritage brand pivoting to partner with leading artists under new creative director Alice Bastin....
...Three Goldman Sachs partners are leaving the firm amid a dealmaking slowdown, Bloomberg reports....
...One former Litasco trader says the group had taken over an entire floor in a high-rise tower at the heart of the free zone....
...companies run by its limited partners, a spokesperson said....
...“None of the three secretary of states from the past three months has been willing to even speak to us, and then a decision comes from the ivory tower,” said Versluijs....
...Infrastructure Partners....
...Origin is the second large such deal this week after KKR and Global Infrastructure Partners bought an up to 50 per cent stake in Vodafone’s wireless tower unit....
...educational affair compared with big moneymaking hits such as Honor of Kings, its fantasy multiplayer mobile game where players kill opponents to gain abilities and gold, and win by destroying the enemy’s towers...
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