Latest news with #VanbartonGroup
Bloomberg
19-05-2025
- Business
- Bloomberg
NYC Developer to Buy Bank Building for Conversion to Housing
Developer Vanbarton Group agreed to buy a midtown Manhattan building that houses Emigrant Bank offices, with the intent to convert it to housing, according to people familiar with the deal. Vanbarton is under contract to buy 6 E. 43rd St. from Milstein Properties for about $140 million, said the people, who asked not to be named citing private information.
Bloomberg
07-03-2025
- Business
- Bloomberg
Where New York City's Zoning Reform Will Add Housing
CityLab Housing The 'City of Yes' plan is already having an impact. The changes to the city's landscape will mostly be subtle — on purpose. In Manhattan's upscale neighborhood of Sutton Place, a dark, aging office tower stands out among a sea of brick apartment buildings. The 50-year-old home of the Archdiocese of New York was bought last year for $100 million by the Vanbarton Group with the goal of converting it to residences. But regulations posed a hurdle for the project, requiring the developers to plan on tearing parts of the building down to forge ahead.
