Deals & Dealmakers
Selling points: Waterfront site offers chance to redefine skyline, LI apartment property sold
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Cushman & Wakefield Waterfront site offers chance to redefine skyline Cushman & Wakefield has been retained to sell a Greenpoint development site
Deals & Dealmakers
Selling points: Yorkville building sells for $18M, Hell’s Kitchen resi building listed for $11.75M
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Marcus & Millichap Yorkville mixed-use building sells for $18M Marcus & Millichap announced the sale of 1269-1271 First Ave., a five-story, mixed-use
Deals & Dealmakers
CIT, Square Mile fund TOD from Carlyle joint venture
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CIT Group and Square Mile Capital Management announced that they have originated a $63.9 million loan to finance the development of The Caldwell, a 259-unit
Deals & Dealmakers
Selling points: Time Equities buys mall for $70M, Jamaica development site now on the market
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Time Equities TEI buys general growth mall for $70M New York-based Time Equities Inc. (TEI) has acquired Newgate Mall in Ogden, UT, for $69.
Deals & Dealmakers
City cracking down on 421a abuses as new program kicks in
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Two weeks after the 421a tax program was resuscitated when the Real Estate Board of New York (REBNY) and the Building & Construction Trades Council
Deals & Dealmakers
CBRE brokers biggest DUMBO deal in five years for Rent the Runway
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FREDERICK FACKELMAYER In a transaction arranged by CBRE, Rent the Runway, an online service that provides designer dress and accessory rentals, signed
Deals & Dealmakers
Atlantic refinances Manhattan apartments
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33 West End Apartments Atlantic Development has refinances two misused apartment properties with $119 in Fannie Mae loans. The financing solutions will
Deals & Dealmakers
Adobe expands to 109,000 s/f on Broadway
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2540 Broadway Multinational computer software company Adobe Inc. has inked a 109,296 s/f lease at 1540 Broadway, a 44-story, Class-A office building.
Deals & Dealmakers
Elite college football programs drive capital to student housing
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Non-Power Five schools such as Boise State, which has a strong football program, are gaining significant national attention among real estate investors.
Deals & Dealmakers
Airbnb buys Greystar backed apartment platform
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Airbnb has acquired Urbandoorwe, a global online marketplace where professionals can find furnished and serviced apartments for extended business trips
Deals & Dealmakers
Owners cut spending, lay off workers as state rent regs begin to bite
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A new survey of CHIP members – property owners who own or manage one-third of all rent stabilized units in New York City (400,000) – has revealed the toll
Deals & Dealmakers
UK company enters US market with 45,000 s/f on Madison Ave
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etc.venues, a London-based conference and events company, announced that it is expanding internationally with plans to open its first conference venue