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45°
Sunday, nov 17
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Ten-X
Real Estate
Going Once: Hotel In Hudson Valley To Be Sold At Auction
After several years of being operated by a management company, a popular, well-appointed hotel in the region is being auctioned next month. According to Ten-X, the 121-room Holiday Inn Express in Dutchess County on Route 9 in Poughkeepsie will be auctioned on Wednesday, Nov. 20. The company-owned property was originally put up for sale in 2020, but it was pulled due to the pandemic and market plunges. Ten-X says the property is offered unencumbered by management and debt. A price or starting bid was not announced. The company added that buyers will need to be able to relicense…
Real Estate
Sold! Two Platinum Mile Buildings Go For $14.75M In Westchester
A commercial landlord has expanded his influence along Westchester's "Platinum Mile" with a $14.75 million purchase. Robert Weisz, founder and CEO of RPW Group of Rye Brook, said his company bought two Class A office buildings at 925-1025 Westchester Ave. on the border of West Harrison and White Plains. The purchase of the 192,711-square-foot property was announced by CBRE, a commercial real estate company that brokered the deal along with Ten-X. The complex, formerly owned by Normandy Real Estate Partners, sits on 11.7 acres near the I-287/Hutchinson River Parkway interchange. …