Deals & Dealmakers
New York REIT acquires additional 49.9% stake in Worldwide Plaza for $276.7M
00
New York REIT has acquired an additional 49.9 percent stake in One Worldwide Plaza for $276.7 million. The firm, which is liquidating its assets, exercised
Deals & Dealmakers
East Midtown rezoning may open market for hotel-to-office conversions
00
Host Hotels, which operates the Sheraton New York Times Square Hotel and the Westin New York Grand Central, is viewing the benefits of the rezoning of
Deals & Dealmakers
REBNY warns mansion tax could cause more harm than good
00
REBNY leader John Banks is railing against a so-called Pied a Terre tax he says will hurt New York City. “We are deeply concerned that this so-called pied
Deals & Dealmakers
Verizon moves into Regus co-working space at 230 Park Avenue
00
The first phase of an office deal between Verizon and workspace provider Regus has rolled out in New York City. The two firms announced a deal earlier
Construction & Design
RXR taps RM Friedland for New Rochelle master plan development
00
RXR has tapped RM Friedland, to market the retail space at 587 Main Street, the first phase of the developer’s master planned community in Downtown New Rochelle.
Deals & Dealmakers
New Jersey developer plans to build 32-story hotel in Chelsea
00
New Jersey developer Frank Ng is planning to build a 32-story hotel at 132 West 28th Street in Chelsea. According to a permit application filed with the
Deals & Dealmakers
Bed Bath & Beyond to create design studio in Hudson Square
00
Jack Resnick & Sons announced that home goods retailer, Bed Bath & Beyond and its subsidiary, One Kings, Lane will open a design and photo studio
Deals & Dealmakers
WHO’S NEWS: JLL hires new SVP, NAI Mertz puts on new EVP and director
00
Ryan Condren and George Danut have joined JLL as Senior Vice Presidents of Retail Advisory Services, based in New York City. They have supported retailers
Deals & Dealmakers
Convene secures two Midtown spots
00
Convene, a WeWork competitor, has doubled down on their RXR Realty Partnership with two new locations. The flexible work and meeting space company announced
Deals & Dealmakers
SELLING POINTS: Marcus & Millichap sells $45M Westchester portfolio
00
● MARCUS & MILLICHAP White Plains portfolio trades for $45M A Westchester apartment portfolio has traded for $45 million. Marcus &
Deals & Dealmakers
Leases: Savitt arranges Bundesliga lease, ABS brings subleasing app company to Brooklyn
00
ABS Partners Real Estate secured 5,800 s/f of ground floor, basement and outdoor patio space at 357 Grand Street in Williamsburg, Brooklyn, for Flip.
Deals & Dealmakers
LEASES: William Kaufman org arranges six Midtown leases, Buchbinder & Warren bring in LA laser removal company
00
NEW YORK Buchbinder & Warren Realty announced that Sev Laser will open its first New York location at 120 Central Park South. The Los Angeles based