Real Estate Wire: Hyatt Pays $390M for Full Stake in One57; Two Trees to Spend $10M to Preserve Domino Factory Relics

Posted On Fri, August 8, 2014 By

Posted On Fri, August 8, 2014 By In Real Estate Wire

  • Two Trees Management is throwing down $10M to salvage industrial artifacts from the Domino Sugar Factory. [Curbed]
  • A look inside Brooklyn’s John Street Condos. [Curbed]
  • PRD Realty is trying once again to file a mixed-use rental plan for a site near the Barclays Center. The developer was rebuffed two years ago by neighbors who were against the building going up. [TRD]
  • Hyatt Hotels Corporation has paid $390M for a 100 percent stake in the Park Hyatt hotel component of Extell’s One57 tower project. [TRD]
  • City areas with the highest concentration of CEOs have one thing in common: rising prices. [WSJ]
  • State Assemblyman Michael Miller has pitched a new plan for the Queensway, a proposed park built atop 3.5 miles of elevated tracks. [Times Ledger]

One57 (left); Domino Factory (right)

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