Acquisition is one of the imperative department and team group part of Merabi Organization Group, LLC. MOG’s distinctive approach to development starts with site selection. We choose communities that offer a positive atmosphere, beautiful surroundings, and an appreciation of the quality that MOG provides its Offices, retails residents tenants.
MOG’s Investment department is always looking for opportunities to purchase CRE, expanding and achieving our business goals. MOG’s team of skilled and experienced associates will locate and analyze real estate projects that fit our acquisition criteria. Ideal acquisition projects, both stabilized and value add, include office, retail and residential.
MOG has successfully orchestrated the development of commercial and residential real estate. The firm´s development team maintains vast experience in build-class A luxury building and redevelopment projects and offers flexibility in its rental building.
MOG is all about team & teamwork, the ability to work together toward a common vision… SUCCESS-GIVE BACK- SHARE… It is the fuel that allows common people to attain uncommon results.” IN OUR ENTITY OUR LEADERSHIP IS BASED ON: If our actions inspire others to be better people, give more, dream more, learn more, do more and become more, than we have done our leading wisely.
Merabi Organization Group
After four months of negotiating to buy a 44 percent stake in 10 Hudson Yards, a twist of fate kept Christoph Donner stranded in Los Angeles on the day of the closing. “I was dialed in via email and phone,” the top real estate executive for Allianz said, recalling the culmination of the German insurer’s[…]
While commercial listings on Airbnb make up a tiny sliver of the total units available, they do account for an outsized portion of profits – and that could motivate the controversial startup to focus more on those commercial listings as it grows. Commercial listings — or units that are rented at least 180 days a[…]
Robert Durst is about to get the Lifetime treatment. The network is developing a TV movie centered around the former real estate heir turned accused murderer, Variety reported. The movie would be told from the perspective of Durst’s late wife, Kathleen Durst, who disappeared in 1982 and whose body was never recovered, according to Variety. Durst,[…]
Two hedge fund managers are hoping for a big payday on defaulted pre-crisis mortgage bonds by capitalizing on legal fine print. The funds, Prosiris Capital Management and Tilden Park Capital Management, bought defaulted bonds issued prior to the 2008 crash by Countrywide Financial Corp, now part of Bank of America. In 2011, Bank of America[…]
Union construction workers and their allies gave developer Jerry Wolkoff an earful Tuesday, claiming he reneged on a promise to use union labor on his construction site at the former home of 5Pointz graffiti mecca in Long Island City. Wolkoff wrote a letter to Long Island City Council member Jimmy Van Bramer in 2013 as he[…]
Fashion week will soon be upon us, so what better time to talk to two of New York’s most fashionable gentlemen? Sartorial savant Tim Gunn and New York City writer par excellence Jay McInerney will soon land on the glossy pages of Luxury Listings NYC. In our September/October cover story, Tim Gunn opens up his Upper[…]
Hotel booking startup HotelTonight is going public. CEO Sam Shank hopes to launch an initial public offering by late 2017, Bloomberg reported. The company was last valued in 2013 at $300 million, but some analysts say that its bookings and growth rate could make for a $400 to $500 million IPO. The past year has[…]
Since the 1990s, New York brokers and investors have been dependent on a single data provider for commercial leasing information: CoStar. “We’ve all become addicted to it on some level, for better or for worse,” said Joel Herskowitz, COO of Lee & Associates. But that could change now that CoStar’s only true national competitor is preparing[…]
There’s good news for New York City’s subway system: Two rating agencies have given strong marks to the Metropolitan Transportation Authority’s plan to sell $1 billion in bonds to pay for the transit system’s upkeep and expansion. Kroll Bond Rating Agency and Moody’s Investors Services gave strong marks for the offering, which will be secured[…]
Qatar’s sovereign wealth fund has acquired a stake in New York City’s Empire State Building through a $622 million deal for a minority stake in publicly-traded Empire State Realty Trust. An affiliate of the Qatar Investment Authority will now own 9.9 percent of the real estate investment trust, the REIT said Wednesday. Under terms of the[…]