Deals & Dealmakers
Report: Investors plan to increase spending on senior housing
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JEANETTE RICE Investor appetite for seniors housing remains strong despite higher operating costs, with nearly two-thirds planning to increase their buying
Deals & Dealmakers
Equinox renews for 20 years at 14 Wall
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Equinox Fitness has renewed its lease at 14 Wall Street, in the heart of Downtown Manhattan, for an additional 20 years. Equinox originally came to the
Deals & Dealmakers
SELLING POINTS: Related sells low income complex for $36M
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● HODGES WARD ELLIOT Related sells low income complex for $36M The New York office for Hodges Ward Elliott (HWE) arranged the $36 million sale of the 252-unit
Deals & Dealmakers
Simone adds kickboxing studio to Bronx roster
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JOANNA SIMONE Simone Development Companies announced that CKO Kickboxing has signed a new 10-year lease at the Throggs Neck Shopping Center.
Deals & Dealmakers
TRANSACTIONS: Meridian Capital places $20m mortgage on Jamaica multifamily
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Meridian Capital announced the following transactions: • A new mortgage of $20,000,000 was placed on a multifamily property totaling 68 units
Deals & Dealmakers
Industry launches annual internship program
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The Real Estate Board of New York (REBNY) in partnership with the New York City Department of Youth and Community Development (DYCD) and the Mayor’
Deals & Dealmakers
Jobs boom pushes Manhattan office rents north
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A booming jobs market and dearth of new office development has pushed Manhattan office rents to new highs. The borough’s asking rent average reached a $77.
Deals & Dealmakers
Extell sells midtown building for $4.2 million, relisted by buyer at $6 million
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41 West 46th Street, PropertyShark By Roland Li Extell Development Co. has sold a mixed-use building at 41 West 46th Street for $4.2 million, according
Deals & Dealmakers
RFR buys 477 Madison Avenue
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RFR announced the acquisition of 477 Madison Avenue, a 325,000 s/f, 24-story office building with 11,000 s/f street-level retail located on the northeast
Deals & Dealmakers
Harbor Group buys $117M Brooklyn apartment building
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Harbor Group International, a privately-owned investment and management firm, announced the purchase of The Frederick apartment building in Crown Heights
Deals & Dealmakers
Development site for sale in Phillie favorite
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The site holds nearly 450,000 buildable square feet and has proposed plans for a mixed-use project JLL Capital Markets experts have been retained by Grand
Construction & Design
Painters union comes to agreement on work rule changes and wages
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By Daniel Geiger The city’s biggest painters union has reached an agreement with the contractors that employ its members to cut labor costs and make their