The property consists of a 50 acre industrial development site, which was master planned for a three lot subdivision. Lot 1 is permitted for a 275,000 SF industrial facility, Phase 1 of lot 1 comprised of 75,000 SF which has been leased to a national retailer for a 20 year term. The balance of lot 1 is currently being marketed/under development. Lots 2 and 3 have been sold.
The Property is a 58,000 SF vacant warehouse situated on a 10,650 SF lot in the heart of Bushwick, Brooklyn. Built in 1876 as the William Ulmer Brewery, the building is a beautiful artifact of the time’s architecture, with a brick façade, vaulted ceilings, and three levels of cavernous below grade space boasting up-to 19’ ceilings. A variety of Commercial Users have shown a high level of interest and the project is currently scheduled for completion in the spring of 2021.
The property stands as four buildings comprising the southeast corner of 8th Avenue and 44th Street. The buildings are currently 100% occupied and it is a future potential development site able to accommodate up to 166,000 sqft.
160 Corporate Drive, Portsmouth, NH, 03801
WILLIAM ULMER BREWERY
81 Beaver Street, Brooklyn, NY, 11206
TIMES SQUARE WEST
688-696 8th Ave & 258-266 West 44th
NEW YORK PROPERTIES
The site consists of a 13,447 SF building and an adjacent 7,900 SF lot. Located at the top of the Gowanus Canal, the building was constructed in 1913 as the Brooklyn headquarters for the American Society for the Prevention of Cruelty to Animals (ASPCA). The building was renovated in early 2019 and is currently fully leased to a variety of hospitality users.
Acquired in 2001, 411-417 West 13th Street consisted of a three-story warehouse plus a cellar. Upon acquisition, the first three floors were completely renovated and 5 were added. The first 2 floors were sold as commercial condominiums. Macarthur retains the third commercial condominium unit comprised of floors 3 through 8 which contains approximately 52,000 SF. The unit is leased to Estee Lauder, Inc. and is the current flagship location for their brand, Bumble & Bumble.
The property is an eleven-story residential condominium with a two-story below grade garage and street level retail on the NE corner of 110th street and Broadway. The building contains approximately 126,000 SF. The site was purchased in the early 1980’s and held for long term development. In 2004, the decision was made to develop the site. Completed in 2006, all residential units were sold within a year and the retail and garage condominium units are being held for long term ownership.
233 Butler Street, Brooklyn, NY, 11217
415 West 13TH STREET
411-417 West 13th Street, New York, NY, 10014
545 W 110TH STREET
545 West 110th Street, New York, NY, 10025
The Beacon Hotel is a 24-story hotel on the Upper West Side with 319 hotel units and 2 floors of commercial space. The Beacon Theater is a 2,500-seat landmark theater. The property was acquired in 1964 and is operating as a full-service hotel. The Theater is currently leased to MSG Entertainment.
The property is a six story 210,000 SF multi-family property. The property was acquired in 2006-7 and consists of 173 residential units. Upon acquisition, ownership began to improve the property by renovating apartments, converting the boiler from oil to gas, replacing the elevator cabs, upgrading the electrical and plumbing systems, and installing solar panels on the roof.
A 350 unit hotel acquired in 1977, converted to co-op in 1984, the remaining unsold co-op apartments are being held for sale and/or rent.
BEACON HOTEL & THEATER
2130 Broadway, New York, NY, 10023
2041-2046 Holland Avenue, Bronx, NY, 10462
225 Central Park West, New York, NY, 10024
A 172 unit apartment hotel acquired in 1966, converted to co-op in 1985, the remaining unsold co-op apartments are being held for sale and/or rent.
Gut renovation of six story warehouse, containing 70,000 SF; building fully leased as the Soho House. Acquired in 1999. Sold in 2012.
Complete renovation of a 6-story manufacturing building into nine condominium luxury lofts. The Property was sold out in 2000.
12 West 72nd Street, New York, NY, 10023
SOHO HOUSE: SOLD
29-35 9th Avenue, New York, NY, 10014
56 Crosby Street, New York, NY, 10012
A 6-story building acquired and renovated in 1995. The building contains 34 apartments and a high end café.
44 Grove Street, New York, NY, 10014
EXISTING PROPERTIES: OUTSIDE OF NEW YORK
The property consists of a 100,000 SF office building and associated 670 car parking lot located in the Pease International Tradeport in Portsmouth, New Hampshire. In 2008 the building was gut renovated and repositioned to accommodate occupancy by the National Passport Center and leased by the United States Government Service Administration (GSA). In 2010, the building was expanded by 25,000 SF.
Consists of two newly constructed office buildings containing approximately a total 90,000 SF with attached parking. Both buildings are leased to corporate users on long term leases.
A mixed-use development featuring 116 residential and 16 retail units. 50 Pointe Place was completed in 2017, 60 Pointe Place was completed in 2018, and both are currently fully occupied.
207 INTERNATIONAL DRIVE
207 International Drive, Portsmouth, NH, 03801
183-187 INTERNATIONAL DRIVE
183-187 International Drive, Portsmouth, NH, 03801
50 & 60 Pointe Place, Dover, NH, 03820
The property consists of a 2.43-acre development site located on North Congress Avenue in West Palm Beach, Florida, acquired in October 2016. Upon acquisition, the site was successfully rezoned for development as a 105,000 SF, three-story climate controlled self-storage facility. The facility is operated by Storage Rentals of America, opened to the public in May 2018, and is currently 86% occupied.
The property consists of a 1.39-acre site and a three-story climate-controlled self-storage facility. The building features 505-units and 75,000 SF of climate-controlled self-storage. Located near the intersection of Interstate 526, the facility is centrally located along the city's primary commercial corridor. The property is operated by Sovran Self Storage, Inc. (DBA ‘Life Storage’) and opened to the public in the Spring of 2017. The property is stabilized at 95% occupancy.
300 Old Epps Bridge Road, Athens, GA, 30606
The property consists of a 3.54-acre development site located in the college town of Athens, Georgia. Totaling 98,000 SF, the site holds 7 newly constructed buildings. 85% of the square footage is climate-controlled, the balance is drive up, outdoor, non-climate-controlled units. The property is operated by CUBESMART. The facility was completed and became open to the public in September 2019.
1620 North Congress Ave, West Palm Beach, FL, 33401
1426 Highway 17 North, Mount Pleasant, SC, 29464
300 Old Epps Bridge Road, Athens, GA, 30606
The property consists of a 1.5-acre site and a newly constructed ‘urban inspired’ self-storage facility in downtown Charleston. This 668-unit, 93,000 SF, three-story climate controlled self-storage facility is located in the heart of the Charleston Peninsula and in close proximity to the Historic District. This was a built-to-suit project and upon completion was sold to Sovran Self Storage, Inc. (DBA ‘Life Storage’).
An investment in 7 multifamily garden apartment style complexes located throughout Pennsylvania, totaling 2,073 units. The property portfolio was acquired in 2007.
The Residences at Bentwood will be a 5-story, 261 unit rental community in the Plymouth Meeting area within the Bentwood Executive Campus in East Norriton, PA. The units will be built with high quality finishes commensurate to other Class-A projects in the market and feature an indoor & outdoor amenity package including a fitness center, clubroom, landscaped setting, and private swimming pool. Construction commenced in May 2018 and the project is scheduled to be completed by Q4 of 2019.
1540 Meeting Street Road, Charleston, SC, 29405
201 East Germantown Pike, East Norriton, PA, 19401