korea-village

Korea Times CEO buys Flushing shopping center for $27M – The Real Deal

Emmut Properties rescued Korea Village from foreclosure in 2011 Korea Times CEO Jae Min Chang picked up the Korea Village shopping center in Flushing from Emmut Properties for $26.5 million, The Real Deal has learned. Chang, a powerful South Korea media figure who serves as chairman of the Korean-language daily newspaper Korea Times and controls […]

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Emmut Properties Acquires Gramercy-Area Commercial Bldg. – Costar

Developer to Construct 40,000 SF of Residential Condos Overtop Existing Space. Emmut Properties purchased the office/retail building at 111 E. 22nd St. in Manhattan’s Gramercy Park area from Imperial Sterling Ltd. for $9 million. The four-story, 23,900-square-foot property was sold mostly vacant, with only the ground floor, mezzanine and partial basement home to BLT Prime, […]

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Emmut Properties to Convert East Harlem Building – The Real Deal

Emmut Properties is gearing up to convert an existing residential building in East Harlem. The firm, which recently generated buzz after selling a Harlem church to developers for $16.5 million and setting a price per square foot record for the area, has filed permits with the city to add five stories to the building, according […]

bowery-buildings

Emmut Properties Buys Lolita development Site For $47 Million – The Real Deal

Emmut Properties picked up a five-building assemblage on the Bowery in Nolita, paying $47 million. A group 1031 investors represented by Montana-based law firm Max A. Hansen paid a total of $45 million last year for the set of two- and three-story lighting supply store buildings stretching from 134 to 142 Bowery. Plans were filed […]