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Eyal Ofer’s Global Holdings Management Group financed its $380 million acquisition of the Instrata Nomad luxury apartment tower

Eyal Ofer’s Global Holdings Management Group financed its $380 million acquisition of the Instrata Nomad luxury apartment tower with a $250 million loan from Wells Fargo. The seller of the 50-story luxury apartment tower at 10 East 29th Street was the Los Angeles County Employees’ Retirement Association,...

11 March, 2020

Invesco Sells Manhattan Apartment Tower for $381M

Eight years after purchasing a 396-unit apartment tower in Manhattan’s NoMad neighborhood, investment management fund Invesco has closed on the sale of luxury high-rise Instrata NoMad to Global Holdings Management Group for $380.6 million. ...

27 February, 2020

25 Kent Avenue Completes Construction In Williamsburg, Brooklyn

25 Kent Avenue in North Williamsburg, Brooklyn is designed by Hollwich Kushner with Gensler as the design development architect. The eight-story building features a distinctive stepped massing and spans an entire city block, yielding half a million square feet of office space with 15-foot ceilings. The project is developed by Rubenstein Partners and Heritage Equity Partners,...

23 February, 2020

Global Holdings Acquires Instrata Nomad for $380M

Global Holdings Management Group has officially closed on its purchase of the Instrata Nomad, Paying $380 million for the luxury apartment building. ...

20 February, 2020

Randolph Beer inks lease at 25 Kent

Brewpub Randolph Beer has leased 12,228 SF of retail and industrial space at 25 Kent in Williamsburg. The restaurant and brewery will occupy space on the ground and second floors of the building. ...

10 February, 2020

Façade Work For 180 East 88th Street Nears Completion On The Upper East Side

Exterior work is nearing completion at 180 East 88th Street, the tallest structure on the Upper East Side above 72nd Street. DDG is the designer and principal developer of the 31-story residential skyscraper, for which HTO Architects is serving as the architect of record and Global Holdings Management is also developing. Petersen Tegl, a...

03 February, 2020

RIGGS D.C. included in Evening Standard’s online roundup of ‘The hottest hotel openings of 2020’

Planted firmly in the US capital's bustling Penn Quarter neighbourhood, Riggs Washington D.C. is perfectly primed for exploring the National Portrait Gallery, The White House and nearby Georgetown. Housed in a former bank, the 181-room property features playful nods to the building’s rich past with...

07 January, 2020

Silver Lyan highlighted in Vogue’s ‘2020’s Most Anticipated American Resturant Openings’

Early 2020 Globally-acclaimed, London-based barman Ryan Chetiyawardana—whose bar Dandelyan was, last year, crowned best bar in the world by World’s 50 Best Bars—is opening his first U.S. drinking den. Silver Lyan will debut within Washington, D.C.’s forthcoming Riggs Washington DC hotel. ...

02 January, 2020

Demo Permits Filed For 1841 And 1845 Broadway On The Upper West Side

Full demolition permits have been filed for a couple of buildings at 1841 and 1845 Broadway on the Upper West Side of Manhattan. Both sites are owned by Global Holdings Management Group, which filed building permits for a 24-story mixed-use building at the 1841 Broadway...

28 December, 2019

Kith inks lease at 25 Kent

Fashion brand Kith has signed a 57,679-square-foot manufacturing lease at 25 Kent Avenue in Williamsburg. Construction was completed in July “on spec”, and still hasn’t landed any office tenants. The project has been in the works since 2013 and was developed by Rubenstein Partners and Heritage Equity Partners. ...

18 December, 2019