<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0" xml:base="http://www.observer.com" xmlns:dc="http://purl.org/dc/elements/1.1/">
<channel>
 <title>NY Observer &gt; Tessler Development</title>
 <link>http://www.observer.com/taxonomy/term/51385/feed</link>
 <description>Articles from Observer.com</description>
 <language>en</language>
<item>
 <title>St. Vincent’s Midtown Closes for $84.7 M.</title>
 <link>http://www.observer.com/2007/st-vincent-s-midtown-closes-84-7-m</link>
 <description><![CDATA[<!--paging_filter--><p>The site of St. Vincent’s midtown hospital on West 51st   Street, formerly St. Clare’s Hospital, has closed for $84.7 million, according to public records.<br />
<p class="MsoNormal"><em>The Observer</em> <a href="/2007/st-vincent-selling-shuttered-midtown-hospital">reported on the deal</a> earlier this month, and buyer Tessler Development Company told us they intend to keep the hospital structure, renovate its interior, and put in place apartments or dormitory housing. </p>]]></description>
 <comments>http://www.observer.com/2007/st-vincent-s-midtown-closes-84-7-m#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/49113">St. Vincents Hospital</category>
 <category domain="http://www.observer.com/taxonomy/term/51385">Tessler Development</category>
 <pubDate>Fri, 28 Dec 2007 14:01:32 -0500</pubDate>
 <dc:creator>Eliot Brown</dc:creator>
 <guid isPermaLink="false">62491 at http://www.observer.com</guid>
</item>
<item>
 <title>1107 Broadway in Flatiron Sells for $235 M.</title>
 <link>http://www.observer.com/2007/1107-broadway-sells-235-million</link>
 <description><![CDATA[<!--paging_filter--><p>A 16-story building across the street from the Flatiron building and next to the Toy Building was sold for $235 million, according to city records.<br />
<p class="MsoNormal"><span>Joseph Chetrit sold 1107 Broadway, at 24th Street, to Tessler Developments, a city-based real estate developer. Mr. Chetrit sold the Toy Building at 200 Fifth Avenue <a href="/2007/done-toy-building-closes-480-m">earlier this year</a> for $480 million to L&amp;L Holding Company and elected to hold off on selling 1107 Broadway--which is connected to 200 Fifth by a sky-bridge--until the summer. The deal went into contract in July and closed on Oct. 15, according to city records.</span></p>
<p class="MsoNormal"><span>We’ll have much more on this sale—and what’s going to happen with 1107 Broadway—in Wednesday’s print edition of <em>The Observer</em>. </span> <span class='read-more'><a href="http://www.observer.com/2007/1107-broadway-sells-235-million">&nbsp;read&nbsp;more&nbsp;&raquo;</a></span></p>]]></description>
 <comments>http://www.observer.com/2007/1107-broadway-sells-235-million#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/31296">Joseph Chetrit</category>
 <category domain="http://www.observer.com/taxonomy/term/51385">Tessler Development</category>
 <category domain="http://www.observer.com/taxonomy/term/50074">Toy Building</category>
 <pubDate>Mon, 29 Oct 2007 15:48:32 -0400</pubDate>
 <dc:creator>John Koblin</dc:creator>
 <guid isPermaLink="false">59531 at http://www.observer.com</guid>
</item>
</channel>
</rss>
