Brian Fallon, partner at O'Connor Capital Partners, tells GlobeSt.com that the business plan for the Manhattan House conversion always anticipated the sale of the commercial premises prior to year end 2008. "Given the capital markets, this is a significant milestone for both O'Connor Capital Partners and Madison Capital."
Fallon tells GlobeSt.com that the commercial premises were offered to the market during the summer. He further notes that it was a very "spirited competition" with "many interested parties.
As GlobeSt.com previously reported, the Real Estate Finance Bureau of the State of New York Office of the Attorney General recently declared locally based O'Connor Capital Partners' Manhattan House's offering plan effective. The Attorney General had accepted for filing an amendment to the offering which authorizes formation of the condominium here at 200 E. 66th St.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, 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.
