Banking and Finance
JV closes on $223M to build nation’s largest passive property
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Rendering of Sendero Verde by Handel Architects L+M Development Partners, Jonathan Rose Companies and Acacia Network announced the closing of $223 million
Deals & Dealmakers
Asian online hotel service expands at Empire State
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Empire State Realty Trust (NYSE: ESRT) has signed a lease to expand Priceline’s Agoda to a ­27,000 s/f full-floor office lease at the Empire State Building.
Deals & Dealmakers
Google closes on Chelsea Market building for $2.4B
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Google is officially the freshest offering at Chelsea Market. The Mountain View, California company closed on its acquisition of the 1.2 million s/f building
Deals & Dealmakers
TRANSACTIONS: GCP arranges $12M loan in the Bronx, Meridian tackles $26M Jersey loan
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Eastern Union Funding announced the following transactions: A $5,275,000 first lien mortgage for the refinance of a multifamily on 49th Street in Brooklyn.
Deals & Dealmakers
AROUND TOWN: REBNY’s annual banquet to be held at Hilton Midtown
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NYARM Jan 14: The New York Association of Realty Managers Presents “Understanding Where Capital Repair & Project Expenses Are To Be Allocated and How
Deals & Dealmakers
Deadlock in Albany puts 421-a, rent regulations in limbo
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With the New York State Legislature grappling with a debilitating impasse, crucial laws like the 421-a tax abatement program and rent regulation have expired
Construction & Design
Westchester launches $500M building spree
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ROB ASTORINO County Executive Robert P. Astorino announced that Westchester’s Industrial Development Agency (IDA) has approved incentives to move forward
Deals & Dealmakers
BOMA New York announces Pinnacle Award nominees
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The Building Owners and Managers Association of Greater New York (BOMA New York) announced nominees for its upcoming annual Pinnacle Awards celebration
Deals & Dealmakers
Knotel pens 100,000 s/f more in leases
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Knotel announced that signed another five office transactions totaling 99,486 s/fK in New York City. The new transactions follow closely on the heels of
Deals & Dealmakers
Durst inks 48,000 s/f Times Square lease
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The Durst Organization announced that HedgeServ Corporation has signed a 10-year lease for 47,756 s/f on the entire 8th floor of 4 Times Square.
Deals & Dealmakers
AROUND TOWN: Events, seminars, meetings & talks
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Tall Buildings Panel July 24: A panel discussion will take place at The Skyscraper Museum beginning at 6 p.m.. The panel will consider the big architectural
Deals & Dealmakers
Brooklyn site fetches $70M as zoning points to new mixed-use development
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49 Bond has flexible zoning say the brokers   Massey Knakal Realty Services has sold a development site located at 49 Bond Street in Downtown Brooklyn.