Hidrock announced the acquisition of 182 Flatbush Avenue for $7 million. The property is located directly across from the Barclays Center in Park Slope. The stand-alone building features 4,791 square feet with 196 square feet of total wraparound frontage. A multi-million dollar renovation of the asset is being planned.
Hidrock Properties CEO Abie Hidary, who has developed multiple hotels in Manhattan, said the hospitality market has been flat for the past three years. In response, Hidrock has stayed profitable by finding savings.
“The important thing that we found, in hospitality is managing expenses…managing payroll, having people doing the right jobs and keeping a lean staff providing what guests want when they come to New York City,” he said. “The hotels we are building have a great room, a clean bathroom, not a lot of amenity space and not a lot of staff, and what we found is that’s a recipe for success.”
CEO of Hidrock Properties, Abie Hidary appears on The Stoler Report along with Celeste Burgos of M&T Bank, Larry Korman of AKA Hotels and Ashish Lall of Fortuna Realty Group to discuss their insights on Hospitality in NYC in 2019.
CBD stands for Cannabidiol and it is one of the active components in the cannabis plant, which has an impressive array of health benefits. Tetrahydrocannabinol or THC is another active ingredient in cannabis, which is responsible for the high people get when smoking marijuana. This is not the case with CBD, which will provide you with a deep sense of relaxation but without the high associated with cannabis. It can be smoked or baked into edible treats and consumed regularly, it has immense potential for improving your health. Here are five medical conditions that CBD can help you improve:
Those dealing with anxiety and depression need to go the extra mile to achieve relaxation, but with CBD, it is very simple. Research has shown that cannabinol is a potential treatment for a range of mental health issues like anxiety disorders, panic disorder, PTSD, OCD, or social anxiety disorder. CBD has an immediate effect and it can be administered for prolonged periods of time without significant side effects, which is not the case with most antidepressant or anxiety medications that bring about an abundance of side effects. Patients often stop taking this medication precisely because of the side effects that cascade after taking the very first doses. For them, CBD can be a steady alternative treatment.
CBD is also very efficient in healing pain and it is a very useful component of pain management treatment plans. People dealing with chronic pain must take medication on a regular basis to manage it. However, most pain medication is meant for long-term treatments. These patients are in danger of developing addictions to heavy pain meds like opioids. CBD is a very important alternative for them because it helps with the pain but without getting them addicted and without causing the side effects associated with pain meds. CBD is also significantly less expensive than pain meds and far more easy to find. Organic CBD Nugs has CBD flowers, vapes, and even pre-rolls at affordable prices. People using CBD for chronic pain can order all of these types of cannabinol and have access to it whenever they need it.
While its relaxation and pain relief effects are well known, CBD has some lesser-known health benefits. According to a medical study, applied topically, CBD has a strong anti-inflammatory effect and is very efficient in dealing with acne. Another important use of cannabinol in dermatology is to treat pruritus, inflammatory skin disease, and even skin cancer. It is also very efficient in dealing and psoriasis because it reduces both inflammation and itching (pruritus). Moreover, psoriasis patients can also use CBD for its anxiety relief effects, considering that the psychological component of the disease is significant at apotheca.cc.
People with high blood pressure often struggle to relax. Their high stress levels are linked to their high blood pressure and reducing stress is paramount for them to maintain their health. Unlike other relaxation techniques, CBD has the advantage of exerting an immediate effect. So, when they feel a burst of anxiety kicking in, they can use CBD to relax well before their blood pressure gets too high.
CBD does not cause addiction, but it certainly can help alleviate the effects of dealing with an addiction. Patients going through withdrawal symptoms can benefit from the many effects of CBD. First off, it helps with the nausea associated with most types of withdrawal. The relaxation component is very important because going through withdrawal is a brutal process and having a form of aid can help tremendously. Additionally, it can help with the pain associated with withdrawal. Then, after this stage, CBD can help recovering addicts in keeping up their mental health while going through this difficult time.
As you can see, CBD is a powerhouse of health benefits and it can be used for treating a wide range of different medical conditions. From anxiety and depression to pain management and all the way to high blood pressure, acne and skin problems, and even addiction. The effects of CBD are being closely studied by the medical community and it won’t be long until it becomes a treatment regular for most doctors.
NY Based Real Estate Development firm Hidrock Properties announced today that they’ve signed bakery chain Insomnia Cookies to its first Brooklyn store at 32 Fifth Avenue in Park Slope, Brooklyn.. Hidrock is finalizing their $3mm gut renovation of the 3-story mixed-use building located on the corner of Fifth Avenue and Dean Street, which includes a 500 SF corner space and 1,100 SF inline space. The bakery signed a 10-year lease for the corner.
Hidrock announced an agreement to develop and sell a Hilton Grand Vacation time share hotel in midtown Manhattan. The 125,000 sf project will feature 161 studio and one-bedroom units and is set to open in 2020.
Hidrock Properties is planning a conversion of a 12-story loft building in the Garment District to office condominiums. The family firm, which owns multiple buildings in the neighborhood, will convert 35 West 36th Street, a 58,000-square-foot pre-war building, according to the New York Post.
– New York Post
– Commercial Observer
Hidrock sold the 41-story, 310-room hotel, Embassy Suites by Hilton, for $195 million. The hotel opened last year on 37th street in the Garment District.
Hidrock Properties bought a development site and a six-story residential property in the Financial District for $41 million. The two adjacent properties at 140-142 Fulton Street sit mid-block between Broadway and Nassau Street.