global one – New York City Real Estate – Page 2 – New York City Real Estate

Area Property Partners Sells Bronx Housing Complex for $51.5M

by admin on November 29, 2011

by: Katherine Clarke
source: The Real Deal

Global One Real Estate Fund, an entity controlled by Robert Nelson of Nelson Development, has purchased the Lafayette-Towers Nelson Apartments Houses, a middle-income rental complex in the Bronx, Nelson told The Real Deal today.

Buildings of Their Own Tenants Buying Mitchell-Lama Complex

by admin on June 27, 2005

WHEN WILLIE Mae Anderson and her family moved into one of the brand-new Cathedral Parkway Towers on W. 110th St. in the early 1970s, she thought it was grand. “It was just a beautiful building,” she remembered. After 20 years of rent strikes and battles with the former owner, the tenants are buying the Mitchell-Lama complex and keeping it affordable housing for middle-income New Yorkers.

JV Buys 52,000-SF Multifamily Building

by admin on February 1, 2002

Nelson Management Group Ltd. has partnered with Global One Investments LLC to acquire a six-story, rent-stabilized apartment building on the 204 W.108th St. The $6.1 million purchase adds an additional 49 housing units to the group’s New York portfolio.