Question 1

What are the key details for the project “Kips Bay Apartment Building Purchase”?

Accepted Answer

The project “Kips Bay Apartment Building Purchase” is an infrastructure initiative in the Residential sector, located in New York, New York, United States. Taiyo aggregates data on it from Crain's New York Business.

Question 2

What is the latest status of the project “Kips Bay Apartment Building Purchase”?

Accepted Answer

The status recorded for “Kips Bay Apartment Building Purchase” is completed.

Question 3

Who are the main government, EPC, and private stakeholders for “Kips Bay Apartment Building Purchase”?

Accepted Answer

Taiyo maps the stakeholders of “Kips Bay Apartment Building Purchase”: banks/investors (Sumitomo Mitsui Banking Corporation).

Question 4

What is the budget and commercial profile for the project “Kips Bay Apartment Building Purchase”?

Accepted Answer

Taiyo normalizes the budget of “Kips Bay Apartment Building Purchase” to USD 10400000.

Question 5

Where can I verify the source and access all details for “Kips Bay Apartment Building Purchase”?

Accepted Answer

This Taiyo project page references Crain's New York Business along with the original URL (https://www.crainsnewyork.com/real-estate/japanese-firm-buys-kips-bay-market-rate-apartment-building). Taiyo standardizes official data into a consistent, searchable project profile.

Sponsoring Agency	Obfuscated Data
Company	Obfuscated Data

Original status	completed
Taiyo status	Obfuscated Data
Taiyo last update	00-00-0000
Available timestamps	00-00-0000
Available timestamp type	Obfuscated Data

Contact name	Obfuscated Data
Phone	0000000000
Email	ObfuscatedData@email.com
Address	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description	A Tokyo-based real estate firm, Norbil Trust, purchased a multifamily apartment building located at 225 E. 25th St. in Kips Bay, Manhattan, New York. The 5-story walkup building has 20 apartments, mostly market-rate units, and was recently renovated. The purchase price was $10.4 million, with a $5.2 million mortgage from Sumitomo Mitsui Banking. The building was previously bought by Lockhill Properties in December 2023 for about $6 million.
Original sub-sector	Obfuscated
Original Currency	USD
Original budget	000000000000000
Procurement method	Obfuscated Data
Budget	000000000000000

Region	Obfuscated
Country	Obfuscated
State	Obfuscated Data
County	Obfuscated
Location	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source reliability	High
Data quality score	100%
Source	Obfuscated Data
URL	obfuscated_data,obfuscateddata.com

Project Type	Obfuscated Data
Article Published Date	Obfuscated Data

Kips Bay Apartment Building Purchase

Project Information FAQ

Project Information