Ivan Hakimian of Izthaki Properties represented both buyer and seller in the transaction. A source close to the deal tells GlobeSt.com that Brack is not releasing its plans for the property as of yet.
Brack Capital Real Estate-USA, which owns and manages a number of developments in New York and Florida, is known for its restoration and renovation of 90 W. St., the Cass Gilbert designed landmark damaged during 9/11, according to a release. Other current Manhattan projects include the landmark Olcott at 27 W. 72 St., Element at 555 W. 59 St., 230 Riverside Dr., 240 E. 27 St., 150 E. 85 St., The Chartwell House at 1760 Second Ave.,15 Union Sq. W. and the 298-room Hilton Garden Inn located at 63 W. 35th St.
Brack Capital Real Estate-USA, part of the Brack Capital Group, is a real estate firm with global holdings. BCRE is a leading international owner, developer and manager of large-scale real estate projects and related M&A activities. Over the past 14 years, BCRE has acted as a principal in investments of over $7 billion, primarily in the US and Europe.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
