DH Property flips Tribeca trio to Benchmark for $60M

By Linda Barr O’Flanagan

Dov Hertz’ DH Property Holdings has flipped three Tribeca properties bought in the spring from EJ Realty as part of a 10-building portfolio.

Jordan Vogel’s Benchmark Real Estate Group is paying $59.5 million for 41 & 45 White Street and 74 Franklin, according to sources.

In April, Hertz partnered with FBE Limited to buy […]

By |July 20th, 2017|Real Estate Weekly|Comments Off on DH Property flips Tribeca trio to Benchmark for $60M

Studying the form produces East Village winner

BY CHRISTIAN BRAZIL BAUTISTA

200 East 11th Street, a 53-unit, 12-story market rate rental building in the East Village, is contradicting the trend in a neighborhood that’s giving way to a rising number of luxury condos.

The building, which recently underwent a $12 million conversion, is targeting a somewhat neglected segment of wannabe-East Villagers, offering shelter […]

By |January 22nd, 2016|Real Estate Weekly|Comments Off on Studying the form produces East Village winner

SELLING POINTS: Benchmark sells Village retail condo for $25M

BY REW • JUNE 24, 2015

●BENCHMARK REAL ESTATE
Benchmark sells Village retail condo for $25M

Benchmark Real Estate Group has sold a retail condo at 55 Third Avenue for nearly $25 million, according to city records.

“It was an opportune time to sell the retail condominium due to the market and our ability to drastically reduce […]

By |June 24th, 2015|Real Estate Weekly|Comments Off on SELLING POINTS: Benchmark sells Village retail condo for $25M

Roundtable Discussion: Why city investors say now is great time to sell

Nelson: What projects are you currently working on and what is your typical business plan?

Nussbaum: In Brooklyn we’re focused on ground-up development. We are building 65 apartments on North 7th and 8th Streets, right off of Roebling, and have another 220 apartments planned for Myrtle Avenue, right behind Pratt University. In Manhattan, we have a […]

By |March 6th, 2013|Real Estate Weekly|Comments Off on Roundtable Discussion: Why city investors say now is great time to sell

Benchmark Eyeing Big Picture

By Roland Li

By the end of the week, Benchmark Real Estate Group, LLC will have an eight-building portfolio of multifamily properties in Greenwich Village and Soho. By the end of the year, the company hopes to add an additional four or five properties.

Last November, Benchmark purchased 156 Sullivan Street, a 16,000 s/f building with 22 […]

By |March 11th, 2011|Real Estate Weekly|Comments Off on Benchmark Eyeing Big Picture

New Investors Take Their Business to the West Village

By Jason Turcotte

A pair of prime mixed-use properties has sold to a newly formed investment firm. Benchmark real Estate Group recently closed on the $11.2 million acquisition of 120 MacDougal Street and 142 Sullivan Street six months after pursuing the purchase.

According to Jordan Vogel, principal at Benchmark – which he launched in February with Aaron […]

By |November 4th, 2009|Real Estate Weekly|Comments Off on New Investors Take Their Business to the West Village