In the news

October 05, 2018
First Republic Bank Provides $32M in Financing for Gaia’s Luxury Condo Units Purchase
Gaia Real Estate secured $31.5 million in financing for its $53 million acquisition of 90 condominium units at Bridge Tower Place from The Brodsky Organization, Commercial Observer has learned.
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October 01, 2018
GAIA Acquires 90 Condo Units in Manhattan
GAIA Real Estate has acquired 90 condominium units in Bridge Tower Place, a luxury building in Manhattan, for $52.5 million. CBRE brokered the sale on behalf of the original sponsor at the property, an affiliate of The Brodsky Org., who was listed as one of the top 10 Manhattan apartment owners in 2017.
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September 27, 2018
Gaia Real Estate acquires 90 Upper East Side condo units for $53M
Gaia Real Estate has purchased 90 condo units on the Upper East Side from an affiliate of The Brodsky Organization for $52.5 million. Gaia bought the units at Bridge Tower Place, a 38-story building at 401 East 60th Street, according to the company. Gaia managing partner Danny Fishman said the purchase price – which works out to about $849 per square foot and $583,000 per unit – was attractive compared to where prices have been in recent years.
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September 27, 2018
Buyers See Opportunity as Sales of NYC Luxury Apartments Stay Sluggish
Apartment sales in Manhattan, a bell-weather luxury market, continued a long slide during the third quarter, as sales slumped for the third quarter in a row, and inventory of unsold apartments rose.
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