Crown ground leases 225K sf Flushing Macy’s building

  Isaac Chera’s Crown Acquisitions made a major play in Flushing, signing a 99-year ground lease for a large retail building right in the heart of the neighborhood’s central shopping district. Chera More...

Vornado in $700 Million Deal for Fifth Avenue Retail Next Door to St. Regis

– The purchase price comes to $28, 340 per square foot, not quite as high as the $31, 333 a square foot Chanel SA paid for its Upper East Side space. –   Vornado Realty Trust (VNO) is More...

Stanley Chera’s Crown Acquisitions To Buy $545 Million Manhattan Skyscraper

– 450 Park Avenue has been sold to the Chera family’s Crown Acquisitions in partnership with Canadian Oxford Properties Group. – – In partnership with the Canadian investment firm Oxford More...