Deals & Dealmakers
Developer goes live with Stuy Town co-op spin
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By Sabina Mollot Gerald Guterman wants to turn ST-PCV co-op. Developer Gerald Guterman, of Guterman Westwood Partners, has launched a website aimed at
Deals & Dealmakers
Westbrook bags W Union Square Hotel at $20M discount
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Westbrook Partners, the Midtown-based real estate investment company, bought the W Union Square Hotel for $165 million. The W Union Square at 201 Park
Deals & Dealmakers
90 Sands Street sale closes for $170M, former hotel to house homeless
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RFR Realty has closed its sale of 90 Sands Street in Dumbo to a low-income housing developer for $170 million, according to city records.
Deals & Dealmakers
Brookfield closes on $165M Bronx buy
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Brookfield has closed on its record-breaking purchase of a Bronx development site. The company paid $165 million for the shovel-ready site along the Harlem
Deals & Dealmakers
Financial tech firm Hudson River Trading takes two floors at 4 WTC
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Silverstein Properties chairman Larry Silverstein announced that the company has signed a lease with Hudson River Trading (HRT), a pioneer in the fintech
Deals & Dealmakers
Insurance firm Zurich moving to 4 World Trade Center
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Silverstein Properties Chairman Larry Silverstein announced that the company has signed a lease with Zurich American Insurance Company, the leading multi-line
Deals & Dealmakers
Cushman & Wakefield arranges Midtown lease for investment firm
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Cushman & Wakefield announced today that the real estate services firm has arranged a long term lease for Axonic Capital, a New-York based investment
Deals & Dealmakers
George E. Grace relaunches commercial brokerage, consulting firm
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George E. Grace has relaunched G.E. Grace & Company, Inc., the commercial brokerage and consulting firm he founded in 1995. George E.
Deals & Dealmakers
Former Eastern Consolidated brokers launch investment sales firm
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Two former Eastern Consolidated senior directors—Rubin Isak and Lev Kimyagarov—announced the launch of a new investment property sales firm, Goldenwood
Deals & Dealmakers
East Harlem persisting as a rental market
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By Lev Kimyagarov, Cushman & Wakefield Real estate in the New York City tri-state area trades more frequently than anywhere else in the world.
Deals & Dealmakers
Mott Haven residential housing secures $75M construction loan
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S3 Capital Partners secured a $75 million construction loan for 210 East 135th Street in the Bronx. The property is a 50,000 s/f lot and has a gross buildable
Deals & Dealmakers
Are we there yet? Analysts see signs that property prices have peaked
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In spite of several economic indicators continuing to exhibit stability, there are signs that property prices are at peak levels and are poised to drift