Deals & Dealmakers
Silverman Groups taps JLL to lease 110,000 s/f of under-construction Class A office space
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JLL has been selected by The Silverman Group, a New Jersey-based private equity and real estate development company, as exclusive leasing agent for 110,000
Deals & Dealmakers
Transwestern takes on Commerce Center
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Transwestern Commercial Services (TCS) has been retained as the exclusive broker for 45 Horsehill Road in Cedar Knolls, New Jersey. Renamed to Morristown
Deals & Dealmakers
Vornado to pay $142M for LIC’s Center Building
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By Konrad Putzier Vornado is dishing out $142 million for the 437,000 s/f Center Building in Long Island City. According to a press statement released
Deals & Dealmakers
Fitness District works in another new gym
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Another gym concept is coming to the Flatiron District. Sweat440, a Florida-based gym, has leased 5,321 sf of space at 600 Sixth Avenue, a 10-story condo
Deals & Dealmakers
Marx lands $140M loan for 10 Grand Central
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Marx has focused on hospitality with its makeover of the Midtown East property. Marx Realty (MNPP) has secured a $140 million loan to refinance its 10
Deals & Dealmakers
ON THE SCENE: Adelaide Polsinelli has been retained to sell 63-49 & 63-53 60th Place in Queens
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AGENTS HILLY SOLEIMAN Hilly Soleiman of Besen & Associates has been retained to sell the retail condo located at 381 Broome Street.
Deals & Dealmakers
Yellowstone waivers are enforceable
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By Michael E. Feinstein Counsel who practice in the area of commercial landlord-tenant litigation are surely familiar with the fundamental procedural device
Deals & Dealmakers
NorthStar/Colony shareholders approve largest real estate merger of the year
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The shareholders of NorthStar Asset Management Group, NorthStar Realty Finance Corporation and Colony Capital have jointly approved a $58 billion merger
Deals & Dealmakers
New York Times to move 350 employees to LIC tower
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The New York Times Company, which has been expanding its workforce, will relocate 350 employees from its headquarters building at 620 Eighth Avenue in Manhattan.
Deals & Dealmakers
TRANSACTIONS: GCP Capital Group arranges mortgage financing in the aggregate amount of $36,820,000
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Arbor Realty Trust, a multifamily and commercial mortgage lender, recently funded a Fannie Mae Dus Loan in Tucker, GA. Pinewood Townhomes, a 98-unit
Deals & Dealmakers
Safehold REIT pays $620M for 425 Park ground lease
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iStar-backed Safehold Inc., is in contract to buy the land under 425 Park Avenue as part of a flurry of deals in its aggressive push into the ground lease sector.
Deals & Dealmakers
JV closes on 99-year ground lease at 136 E57th
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ABS Partners Real Estate, East End Capital and AEW have today closed on a new 99-year ground lease at 136 East 57th Street, located in Manhattan’s Plaza