Alternative opportunity
investment and development.
investment and development.
Saint George, UT November 18, 2013 DxNA llc announced today the finalizing of an equity investment of $2.5 million by an individual investor. Terms of the investment were not disclosed. The investment dollars will be used to complete the regulatory processes for the FDA 510(k) clearance of a Valley Fever (Coccidioidomycosis) assay on the GeneSTAT® […]
New York-based real estate private equity and asset management firm Savanna has acquired 31 Penn Plaza, an 18-story, 444,000-square-foot, multi-tenant office building at 132 West 31st Street, between Sixth and Seventh avenues from a joint venture between C&K Properties, Glory Capital, and Zamir Equities. The building, which offers full-floor office space of about 27,000 square […]
Scott Rechler’s RXR Realty this past Friday completed the purchase of the 2.3 million-square-foot office property in Chelsea, the Starrett-Lehigh Building at 601 West 26th Street, from investors that included Glory Capital, Mark Karasick, and Shorenstein Properties among others. The property was purchased in 1998 for a reported $185 million, and sold for $920 million […]
School plans to consolidate dorm space in a single Heights property. A private art and design school is consolidating its dormitory space under a single roof in Brooklyn Heights. The Art Institute of New York has signed a five-year lease for the entire 41,500-square-foot building at 67 Livingston St. The 26-story Glory Capital-owned building built […]
Glory Capital recently acquired seven buildings in the Fort Greene-Clinton Hill neighborhood in Brooklyn for $18.3 million. Units in the properties are renting at 60 percent below market value, the firm said in a release. The purchase has pushed the firm’s current portfolio over 1,000 units, and is part of the investment company’s move to […]
Glory Capital announced today that New York University will lease its 30 story, 50,000 square foot residential tower to expand their campus outside of Manhattan for the first time. The property, located in Brooklyn Heights on Livingston Street, enjoys remarkable views of the Manhattan skyline, Statue of Liberty, and Verrazano Bay. New York University plans […]
Glory Capital has reportedly acquired a six-story, 43-unit elevator apartment building located at 6-10 Clark Street between Columbia Heights and Willow Street near the Promenade in historic Brooklyn Heights. The property boasts spectacular Manhattan views and is located in the pristine brownstone neighborhood of Downtown Brooklyn. The Brooklyn Heights Promenade is among the most exclusive […]
Glory Capital acquired a 60,000s/f mixed-use development in Wilkes-Barre, Pennsylvania, with the right to develop an additional 100,000s/f. The property is in close proximity to Mohegan Sun at Pocono Downs Race Track, Pennsylvania’s only casino, and was purchased by Glory Capital below market as the area experiences tremendous growth as a result of the new […]
Glory Capital, the investment arm of the Ben-Dayan family, closed on the purchase of 67 Livingston Street in Downtown Brooklyn for $18.6 million. The 30-story, 50,000-square-foot residential tower was sold by the Jehovah’s Witnesses’ Watchtower Group, which is currently selling off a number of its valuable Dumbo and Brooklyn Heights assets. Meanwhile, mega-developer Toll Brothers […]
NYC based Glory Capital, has acquired 8622 Bay Parkway in Brooklyn, a 30,000 s/f mixed use retail and office property. The property is in the ultra hot 86th Street retail corridor in Brooklyn. Glory Capital has plans to build an additional 30,000 s/f of office space. “We saw this acquisition as an important opportunity to […]
Larry Gluck’s Stellar Management and Glory Capital, the investment division of the Ben-Dayan family, are set to close on a $124 million purchase of the Embassy House apartment complex in Midtown Manhattan. The 252-unit mixed use residential property at 301 East 47th Street occupies a full avenue block, just north of the United Nations. The […]
