Hidrock Properties |

17 Jan BROOKLYN’S LATEST AMPLE HILLS CREAMERY TO DEBUT AT 192 PROSPECT PARK WEST

Posted at 07:30h in 2019

The owners of Brooklyn’s Ample Hills Creamery will soon open a new location in Park Slope. The new ice cream shop will debut at 192 Prospect Park West next to the former Pavilion Theatre across from Prospect Park.

Founded in 2011, the ice cream chain has grown to include 17 locations including multiple New York City outposts, New Jersey, Miami, and Southern California. Hidrock Properties, the dewloper responsible for the Prospect Park location, commissioned Building Studio Architects to renovate and repurpose the site’s existing one-story building that was designed in the 1920s

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10 Dec HIDROCK ACQUIRES ICONIC BROOKLYN PROPERTY

Posted at 01:15h in 2019

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.

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09 Dec 4 Things NY’s Commercial Real Estate Industry Is Watching For In 2020

Posted at 12:59h in 2019

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.”

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22 Jul Abie Hidary Discusses Hospitality in 2019 On The Stoler Report

Posted at 11:50h in 2019

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.

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13 Jun Hidrock Properties Signs Insomnia Cookies to First Brooklyn Store

Posted at 12:17h in 2019

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.

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16 May HIDROCK ANNOUNCES NEW HILTON GRAND VACATIONS HOTEL IN NYC

Posted at 15:50h in 2019

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.

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24 Apr Hidrock Seeking Up To $1,100 A Foot With Garment District Office Condo Conversion

Posted at 11:56h in 2019

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.

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23 Apr Hidrock Properties Converting Garment District Building To Office Condos

Posted at 11:19h in 2019

– New York Post

Hidrock Properties is converting one of its Garment District loft buildings into office condominiums. The 12-story building at 35 W. 36th St. — built in 1911 — sits between Fifth and Sixth avenues in the Transit Triangle and has had numerous upgrades and improvements.

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04 Apr Hidrock Properties Refis Garment District Office Building with $32M Loan

Posted at 17:02h in 2019

– Commercial Observer

Hidrock Properties refinanced its office asset at 35 West 36th Street with a $32 million loan from mortgage REIT Ladder Capital Finance, according to city records and information from Hidrock and HFF, which arranged the debt.

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23 Jan HIDROCK SELLS MIDTOWN HOTEL EMBASSY SUITES FOR $195M

Posted at 12:30h in 2019

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.

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