Deals & Dealmakers
More than 100 Toys “R” Us stores to be auctioned off
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A total of 123 Toys “R” Us and Babies “R” Us owned and ground-leased properties nationwide will be auctioned off this month, announced the company conducting
Deals & Dealmakers
Biopharmaceutical company adds 90,000 s/f to New Jersey space
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National Realty & Development Corp. (NRDC) announced PTC Therapeutics, Inc. has extended their lease for 90,000 square feet at its corporate headquarters
Deals & Dealmakers
550 Madison gets landmark designation
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The city’s Landmark Preservation Commission has designated the former Sony Building at 550 Madison Avenue a landmark. Calling the 37-story office tower
Deals & Dealmakers
New buildings, same old carbon as materials drive greenhouse gas emissions
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Greenhouse gas emissions from new buildings are on the decline, but that doesn’t necessarily mean their carbon footprints are smaller than their older counterparts.
Deals & Dealmakers
TRANSACTIONS: Meridian negotiated six new mortgages for total of $15.3M; GCP arranges $27.8M in mortgage financing
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Meridian negotiated six new mortgages in the amount of $15,300,000 on six multifamily properties located in Union City, NJ. The loans feature rates of 3.
Deals & Dealmakers
Protests and demonstrations before final Inwood rezoning vote
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A rezoning plan for the neighborhood of Inwood, at the northern tip of Manhattan, is just one vote away from becoming reality. And while the plan has the
Deals & Dealmakers
Rabsky secures $55M construction loan for new development
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Madison Realty Capital (MRC) closed a $55 million first mortgage loan collateralized by a mixed-use development site at 948 Myrtle Avenue in the Bedford
Deals & Dealmakers
Paul Massey launches new investment sales firm
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Nearly a year after officially launching a bid for New York City mayor, and two months after leaving Cushman & Wakefield, Paul Massey has started a
Deals & Dealmakers
How headcount could replace price per square foot
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Landlords could start charging per person instead of per foot if co-working advocates have their way. As the industry’s office space continues to evolve
Deals & Dealmakers
SELLING POINTS: NYU buys resi building for $45M; Timeshare company expanding in Times Square
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● Vornado Realty Trust NYU buys Greenwich Village apartment building for $45M New York University has purchased a building around the corner from its main
Deals & Dealmakers
New Jersey developer nabs East Williamsburg vacant lot for 92-room hotel
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A New Jersey developer has acquired a vacant lot in East Williamsburg where he plans to build a 92-key hotel. Nehalkumar Gandhi purchased a 99-year ground
Deals & Dealmakers
Brookfield buys Forest City for $11.4B
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Brookfield Asset Management purchased Forest City Realty Trust in an all-cash deal valued at $11.4 billion on Tuesday morning. Brookfield paid $25.