Deals & Dealmakers
City approves increases of up to four percent for rent-stabilized tenants
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By Sabina Mollot At a raucous meeting at Cooper Union in Manhattan, the Rent Guidelines Board, in a preliminary vote, approved a rent increase of one to
Deals & Dealmakers
ON THE SCENE: Avison Young tapped for 75-acre site in Albany; Bestreich closes on $3M Park Slope property
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AGENTS The New York Tri-State Investment Sales group for Avison Young announced the following exclusive assignments: • The sale of Kenwood Commons, a 75-acre
Deals & Dealmakers
ON THE SCENE: Ariel to sell 2 MIH properties, Focus Property Group buys Brooklyn church
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AGENTS  DANIEL TROPP Ariel Property Advisors has been exclusively retained to sell 173-175 McGuinness Boulevard, a development site in the Brooklyn neighborhood of Greenpoint.
Deals & Dealmakers
ABA partners with Alloy Labs to foster bank innovation
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In its latest initiative to speed technology innovation across the banking industry, The American Bankers Association announced a strategic partnership
Deals & Dealmakers
Design-build lab makes move to Bushwick flex space
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ABS Partners Real Estate announced that fabrication lab and innovation studio, Collab signed a new lease for the entire 12,000 s/f building located at
Construction & Design
Canadian pension funds shell out $700M for St. John’s Terminal
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A pair of Canadian pension funds has purchased a portion of the St. John’s Terminal for $700 million. Oxford Properties, the global real estate arm for
Deals & Dealmakers
RSA launches new campaign against “puppet master” de Blasio
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Days after filing a lawsuit to overturn the rent freeze enacted last month and alleging that the Rent Guidelines Board is advancing the political agenda
Deals & Dealmakers
Baron pays $54M for LIC condo site
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Simon Baron Development, SBD, has signed a contract to purchase a Long Island City site that will be turned into a 44-story, 400-unit residential rental
Deals & Dealmakers
Cushman recognizes top brokers
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Cushman & Wakefield has recognized Josh Kuriloff and Charles Borrok, both executive vice chairmen of the global real estate services firm, as the Tri-State
Deals & Dealmakers
Espresso bar Filtered Coffee opening in Washington Heights
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Sugar Hill Capital Partners (SHCP) announced that a pop-up Filtered Coffee, a locally-run espresso bar serving Counter Culture Coffee, artisanal pastries
Deals & Dealmakers
Vince Camuto Group consolidates at 1407 Broadway
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CBRE Group announced that VCS Group (Vince Camuto) signed a new lease at 1407 Broadway for 42,748 s/f. The firm is consolidating at the building from two
Deals & Dealmakers
WHO’S NEWS: Commercial hires and promotions
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James Sousa has been promoted to president of Weichert Commercial Brokerage, Inc., and he will assume responsibility for delivering the company’s overall