In the News

Investors shell out $115M for Hermès building on Madison Ave.

July 14th, 2015

By Lois Weiss – AS SEEN IN THE NEW YORK POST The exquisite Madison Ave. building rented by Hermès has a new owner. With 8,000 square feet, the transfer comes to just shy of $14,000 per square foot. Ben Ashkenazy and Michael Alpert’s Ashkenazy Acquisitions has just paid $115.17 million for the four-story building at Madison Avenue on the northwest corner […]

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FOUR WINDS REAL ESTATE JV – Partners pocket $10 million on LES investment

July 1st, 2015

Kriss & Feuerstein LLP represented the seller in this transaction. AS SEEN IN REAL ESTATE WEEKLY A partnership of two joint ventures that purchased Gotham Court (152 Ludlow St. and 149-151 Essex St.) on Manhattan’s Lower East Side for $19.1 million in 2013 has sold the properties for $29.1 million. The principals of one joint […]

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