Deals & Dealmakers
Wine time for Hudson Valley venture
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Hudson Valley Wine Village is offering potential partners an opportunity to locate on a fully entitled development site on the Hudson River.
Deals & Dealmakers
Investment manager expands at RXRʼs 17 State Street
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17 State Street RFR Realty LLC announced a lease expansion for Axioma, Inc. at 17 State Street. The global risk management and portfolio construction services
Deals & Dealmakers
Ariel reports bleak multifamily sales
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New York City’s multifamily property market took a hit in the first half of 2019, a direct result of looming changes to the state’s rent regulation laws.
Deals & Dealmakers
ON THE SCENE: Rudder Property Group sells 7,616 s/f office condo at 115 West 29th Street
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AGENTS KEVIN SCHMITZ Cushman & Wakefield has been retained to arrange for the ground lease of 9402-9406 Sutphin Boulevard, a development site
Deals & Dealmakers
TRANSACTIONS: Meridian Capital places $9.5m Brooklyn multifamily mortgage
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Cronheim Mortgage secured $10.5 million in financing for a 75,000 s/f newly constructed, freestanding ShopRite in Shrewsbury, NJ. The 25-year, self-liquidating
Deals & Dealmakers
Brooklyn Navy Yard seeks developer for food manufacturing facility
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The Brooklyn Navy Yard Development Corporation (BNYDC) has issued a Request for Expressions of Interest (RFEI) for the development, lease and operation
Deals & Dealmakers
Rock climbers anchor retail at historic Ralph Walker conversion in Newark
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L+M Development Partners, Prudential Financial and the Goldman Sachs Urban Investment Group (UIG) announced that Method Climbing will open early next year
Deals & Dealmakers
No more lines and robo-clerks; Whatʼs ahead at the grocery store
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The future of the U.S. grocery industry points to a fully automated checkout process, greater emphasis on prepared meals, a proliferation of smaller, convenience-store
Deals & Dealmakers
Kolman steps on the gas for 1031 auto investor
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Eastern Union arranged financing for the $16.9 million sale of the 600,000 s/f Magna International portfolio, a group of four automobile parts manufacturing
Deals & Dealmakers
Owners put rehabs on hold
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L-r: Brad Hargreaves, Andrew Dansker, Josh Bobrowsky, Anita Gupta and Peter von der Ahe. New York City’s biggest landlord has stopped apartment renovations
Deals & Dealmakers
Hector Figueroa: Remembering a life lived for others
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By William Rudin, chairman, REBNY, & James Whelan, president, REBNY Albert Einstein once said that “a life lived for others is a life worth living.
Deals & Dealmakers
Industrial sector props up Brooklyn’s lackluster sales
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The Brooklyn multifamily market took at second quarter hit as the new rent regulations sent sales tumbling. Multifamily sales volume fell by 55 percent