Deals & Dealmakers
SELLING POINTS: Dermot pays $75M for The Kestrel; Orbach offloads UWS  portfolio
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● HFF / SAVILLS STUDLEY Dermot pays $74M for luxury Brooklyn building The Dermot Company has bought The Kestrel, an eight-story, 126-unit luxury multi-housing
Deals & Dealmakers
Arbor funds 17 loans worth $68M
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Arbor Commercial Mortgage announced the recent funding of 17 loans totaling  $67,903,000. Photo courtesy of Flickr The loans funded deals across Oklahoma
Deals & Dealmakers
Brodsky plans Pacific Park tower with Greenland JV
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Greenland Forest City Partners and The Brodsky Organization announced a partnership to develop 18 Sixth Avenue (parcel B4) at Pacific Park, the new 22-acre
Deals & Dealmakers
Sweden’s Fotografiska opening photography museum at 281 PAS
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Swedish organization Fotografiska International is opening a photography museum at RFR’s 281 Park Avenue South in Gramercy Park. Fotografiska, which operates
Deals & Dealmakers
Merchants, Cachet Hospitality score $30.4M loan for future Playboy Club hotel
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A joint venture between Merchants Hospitality and Cachet Hospitality has secured a $30.4 million loan for the acquisition of 510 West 42nd Street.
Deals & Dealmakers
Eastern Union Funding app the ‘next big disruptor’
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Eastern Union Funding is set to blow the roof off commercial mortgage business with a new app that will put previously unavailable information in the hands of brokers.
Deals & Dealmakers
Mosler named leasing agent for Sapir’s 260 and 261 Madison
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260 Madison, PropertyShark By Daniel Geiger Bruce Mosler, a top leasing executive at the real estate services firm Cushman & Wakefield, has been named
Deals & Dealmakers
City says it won’t intervene on pricing of East Midtown air rights
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The city’s rezoning proposal has put 3.5 million s/f of air rights in play in East Midtown. It’s still unclear how the deluge will affect the air rights
Deals & Dealmakers
CoreNet NYC partners with Streetwise
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The CoreNet Global New York City Chapter (CoreNet NYC) announced that members of the organization’s Young Leaders Committee recently volunteered with Streetwise
Deals & Dealmakers
Corey Abdo of Winoker Realty finds harmony in real estate
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By Roland Li The brisk beat of new opportunities has always guided Corey Abdo. While he studied economics at Hofstra University, Abdo played in a band
Deals & Dealmakers
Harbor Group sells six floors at 24 Bryant Park for $45M
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The Harbor Group has sold six floors at 24 Bryant Park South for $45 million. The six sales were completed in three separate transactions, all with top
Deals & Dealmakers
SELLING POINTS: SL Green in contract on Upper East Side buildings; Church trade a win-win
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● SL GREEN REIT selling five-building package for $144M SL Green is in contract to sell its fee interest in 1231 Third Avenue and an Upper East Side assemblage