Cheskel Schwimmer lands $65M construction loan for South Bronx project
The Real Deal | 06/26/2019
Cheskel Schwimmer’s Chess Builders landed a $65 million construction loan from S3 Capital Partners for the second tower at its apartment/hotel project in the South Bronx.
Spruce Capital Partners returns to UES with resi building
The Real Deal | 01/04/2019
Spruce Capital Partners got a taste of the Upper East Side five years ago with a condominium on 78th Street, and it’s back in the neighborhood with another project.
The developer on Friday filed plans for a new 35,000-square-foot, 17-story residential building at 323 East 79th Street. It will house 15 units, most of which will occupy either a full floor or two floors, which suggests another condo.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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