Deals & Dealmakers
SELLING POINTS: Avison Young tapped for Village building, ConEd sells Brooklyn site
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● AVISON YOUNG Village property goes to market after 70 years Avison Young’s Tri-State Investment Sales Group has been named exclusive agent for the sale
Deals & Dealmakers
Federal act gives artists rights against owners
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By Eric Snyder & Eloy Peral Wilk Auslander LLP You own a warehouse in gentrifying urban area. A collective of local artists requests to paint a mural
Deals & Dealmakers
Billionaireʼs fund leases 175,000 s/f at Hudson Yards
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Point72 Asset Management (Point72), a family office managing the assets of Steven A. Cohen, announced it will move its New York headquarters to 55 Hudson Yards.
Deals & Dealmakers
ABS tapped to lease space at Z Hotel in LIC
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ABS Partners Real Estate has been tapped by Merchants Hospitality Group to transform and market 26,600 s/f of space formerly used as a parking facility
Deals & Dealmakers
Remaining West Chelsea air rights may be sold at a premium at $500 per s/f
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The supply of air rights in West Chelsea, the area that covers the High Line and Chelsea Market, has been reduced to a trickle. Now, local officials are
Deals & Dealmakers
State announces plan to turn former Chelsea jail into Women’s Building
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Governor Andrew Cuomo has announced a project that would convert the Bayview Correctional Facility, a 100,000 s/f space in Chelsea in Manhattan, to a “Women’s
Deals & Dealmakers
Gay sports bar opens location in Washington Heights
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Boxers NYC, America’s gay sports bar, is set to open its newest location at 3820 Broadway in Washington Heights. Richard Kave, Executive Managing Director
Deals & Dealmakers
Selling points: JV picks up $30M former rooming house, BSP makes Bronx play
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Acuity Capital Partners JV picks up $30M former rooming house A joint venture between Acuity Capital Partners and Nationwide Realty has purchased 185 Marcy
Deals & Dealmakers
Cushman & Wakefield Associate Austin Dodson caught in cocaine bust
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Austin Dodson, a Cushman & Wakefield associate, was indicted by the Manhattan District Attorney’s Office after a cocaine bust in the Lower East Side.
Deals & Dealmakers
Bridge loan for Vegas tower
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CBRE Capital Markets’ Debt & Structured Finance team has arranged $50 million in bridge loan financing for Bank of America Plaza, a 16-story, Class
Deals & Dealmakers
Two full-floor leases close at 7 Bryant Park
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CBRE has negotiated a pair of full-floor leases at 7 Bryant Park, totaling almost 30,000 s/f at the 28-story tower. Orion Resource Partners, an alternative
Deals & Dealmakers
Recession may be coworking’s bogeyman
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The meteoric rise in coworking continued to march forward in 2018 stoking near-term confidence. The future for flexible work spaces, experts say, is less certain.