Deals & Dealmakers
Hotel REITs RLJ Lodging, Felcor agree to $7B merger
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Hotel REITs RLJ Lodging Trust and Felcor Lodging Trust have agreed to a $7 billion merger, creating the third biggest pure-play lodging REIT by enterprise value.
Deals & Dealmakers
Tenants drinking the Kool-Aid when it comes to elaborate office amenities
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Keeping up with the Joneses is driving a trend in elaborate amenities that could be money down the drain for some landlords. “There is a herd mentality
Deals & Dealmakers
Building owners provide rent-free space for pantry
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In an expanded effort by CHIP’s members to help build stronger communities throughout New York City, CHIP announced a partnership with MMM Food Pantry
Deals & Dealmakers
Treetop buys $135M Rockaway complex
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Treetop Development has acquired the waterfront apartment complex at 711 Seagirt Avenue in Far Rockaway, Queens, for $135 million. The property consists
Deals & Dealmakers
AmTrust Title Insurance expands at the News Building in Midtown
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AmTrust Title Insurance Company has signed a 10-plus year expansion lease covering 13,771 s/f to occupy the entire 24th floor of 220 East 42nd Street
Deals & Dealmakers
Westwood, Polo and you on 55th Street
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Lee & Associates is marketing an 8,000 s/f retail space at 19 West 55th Street, next door to the Domenico Vacca lifestyle destination.
Deals & Dealmakers
Industry leaders optimistic on state of market
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By Rachel Antman “Where are we in the cycle?” That’s a question people often ask SL Green CEO Marc Holliday. His response should reassure any New Yorkers
Deals & Dealmakers
SELLING POINTS: Newmark marketing Flatiron building, MRC doubles profit on W’burg asset
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●NGKF Flatiron building for sale NGKF Capital Markets has been retained as the exclusive broker for the sale of 16 East 16th Street. The 39,345 s/f Flatiron
Deals & Dealmakers
SELLING POINTS: Peebles Corp., Clarion, Gaia, Mack-Cali and CW Capital
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●peebles corporation 346 Broadway Partners to transform 346 Broadway The Peebles Corporation has closed on the $160 million purchase of 346 Broadway, making
Deals & Dealmakers
Survey: Gen X workers like communal spaces, living in the suburbs
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What do Generation X workers want? According to a new report, their preferences are an amalgam of the desires of baby boomers and millennials.
Deals & Dealmakers
A&G tapped to sell off bankrupt Bon-Ton assets
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A&G Realty Partners has been retained to dispose all of the real estate assets of The Bon-Ton Stores, Inc., on behalf of a joint venture between Great
Deals & Dealmakers
GFP signs Tailor’s Inn, non-profit to 17,000 s/f in Midtown
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GFP Real Estate (GFP) announced 17,332 s/f of leasing activity at 505 Eighth Avenue in Midtown. The 25-story, 275,000 s/f building located at the corner