A ribbon cutting ceremony for The Metropolitan, 1515 Summer St., has captured the interest of Stamford buyers seeking a truly unique, sophisticated, urban living experience. The Metropolitan, Stamford's first luxury loft condominium development has 10 residences remain available.
The building represents a conversion of a 66,000 s/f office building. The Metropolitan's gray stucco, natural copper, and stainless steel façade opens to a lobby. The 39 condominium residences astound with 10-11 foot ceilings, expansive windows, and sleek interiors. Penthouse units offer large private terraces and panoramic views. Adjacent to the main building, 12 four-story brick and stone townhomes are under construction. All residents enjoy a building concierge, private fitness center, a temperature-controlled wine storage facility, and a club room with flat screen television.
Construction financing has been provided by Citizens Bank of Connecticut.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.