(718) 633-0009 info@ueinvest.com
Riff Hotel Chelsea sells for $28M

Riff Hotel Chelsea sells for $28M

Salt Equities has sold the Riff Hotel Chelsea for $27.5 million to a group of investors, who plan to tear down the existing building and replace it with affordable luxury condos, according to sources familiar with the deal. Salt Equities, led by Sal Smeke and Michael...
Salt Equities Buys Two UES Buildings for $22 Million

Salt Equities Buys Two UES Buildings for $22 Million

Nine-year-old Salt Equities has purchased two Upper East Side buildings from The Mildred G. Thaler Cohen Family Limited Partnership for $22 million, Commercial Observer has learned. The four-building, 213,459-square-foot campus at 6345 Balboa Boulevard, which Harbor...
New residential brokerage ‘on fire’

New residential brokerage ‘on fire’

A new brokerage devoted to Manhattan rentals, dubbed ONE NYC RE, launched on Dec. 1 and will be going on a marketing blitz early next year. The firm is a division of United Equity Investments, a five-year-old real estate company that owns over 1 million square feet of...