Press

Luxe Living - New York's Poshest Property Trends

New York Post | 10/24/18



Some of the world's top interiors experts are tackling dazzling new Manhattan projects. William Sofield - known for his work designing stores for Tom Ford, Ralph Lauren and YSL - masterminded, the layouts at JDS Development Group, Property Market Group and Spruce Capital Partners 111 West 5th Street.

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New Steinway Tower the talk of the town

Real Estate weekly | 09/21/2018



JDS Development Group and Property Markets Group launched sales at 111 West 57th Street last week for owner,Spruce Capital.

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High & Mighty - The 10 New York City buildings to know this fall

New York Post | 09/20/2018



The highly anticipated 111 W. 57th St. condo, on Billionaire's Row, launched sales last week with prices from $18 million to over $57 million.

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Mobile apartment complexes sell for $134 million

Alabama.com | 08/20/2018



Some 2,000 apartment units in central Mobile have changed hands in a five-complex, $134 million deal. The five complexes involved are Crossings at Pinebrook, The Pathways, Sandpiper, Windsor Place and Yester Oaks.

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A New Tower Rises Above Billionaires’ Row

The New York Times | September 6th 2018



If the redevelopment of the Steinway & Sons piano store in Midtown were a song, it would be a long one, with some dramatic pauses and a bit of dissonance. But despite the project’s yearslong struggles with escalating costs, infighting and lawsuits, the developers of the sky-high condo at 111 West 57th Street hope the building will still impress potential buyers.

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Filling the Void for Middle Market Construction Loans

Real Estate Weekly | August 2nd 2017



With so many active construction projects in progress in New York at any given time, one could be forgiven for thinking that financing for those properties is relatively easy to secure.

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Commercial Observer Q&A with Robert Schwartz, Founder and Partner at S3 Capital

Commercial Observer | July 29, 2016



Commercial Observer's Finance Weekly sat down with Robert Schwartz to learn more about Spruce Capital and S3 Capital.

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Meridian Negotiates $65M Freddie Mac Loan From Capital One for Long Island Buy

Commercial Observer | June 24, 2016



A partnership between New York-based Spruce Capital Partners and Connecticut-based Post Road Properties received a $65.2 million Freddie Mac-secured loan for Hawthorne Court, a 434-unit multifamily complex in Central Islip, N.Y.

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A $12.2 Million Condo for Katie Couric

The New York Times | March 18, 2016



Katie Couric and her husband bought an apartment on the entire 10th floor of 151 East 78th Street, a new limestone and brick condominium on the Upper East Side. At $12,168,087.50, the transaction was one of the most expensive sales of the week, according to city records.

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For $28 Million, Another Perch at One57

The New York Times | August 21, 2015



A five-story, fully renovated townhouse at 42 West 71st Street near Central Park West was sold by Spruce Capital Partners for $18,355,000.

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For $28 Million, Another Perch at One57

The New York Times | August 15, 2015

American Architecture’s Classical Revival

City Journal | April 1, 2015

A Pair of Not-Yet-Built Manhattan Penthouses Sell for a Combined $57 Million

The Wall Street Journal | January 12, 2015

Luxe Living

New York Post | October 15, 2014

Bushwick Takes the Spotlight

The New York Times | September 14, 2014

Gotham's New Gold Coast

New York Post | July 24, 2014

House of the Day: Landmark Building, Luxury Listing

The Wall Street Street Journal | July 16, 2014

Dream Homes - Lincoln Square

New York Post | July 10, 2014

This is how it Ends: From Non-Profit Institute to $20 M+ Penthouses

New York Observer | May 15th, 2014

Upper East Side Penthouse's ask exceeds price paid for entire site.

The Real Deal | May 14th, 2014

Spruce Capital Puts UES Penthouse on Market for $27M

The Real Deal | March 21st 2014

Newest NY developments offer luxury, location - and value

New York Post | March 19th 2014

Prewar Apartments from Scratch

The New York Times | March 14th 2014

First Look: Peter Pennoyer's UES Condos for $10M and Up

Curbed | March 14th 2014

Peter Pennoyer's Neo-Classical High Rise will Boost Neighborhood

The Real Deal | March 1st, 2014

Spruce Capital Asks $23.5M for Upper West Side Townhouse

The Real Deal | November 25th 2013

New Owner of Townhouse Duo on East 78th Street is also buying the Ackerman Institute

The New York Observer | December 12th 2012

Spruce Capital Lists Greenwich Village Manse for $34 Million

The Real Deal | March 12th 2012