Deals & Dealmakers
Selling points: JV picks up $30M former rooming house, BSP makes Bronx play
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Acuity Capital Partners JV picks up $30M former rooming house A joint venture between Acuity Capital Partners and Nationwide Realty has purchased 185 Marcy
Deals & Dealmakers
Common unwraps its largest co-living space yet at Adam America’s Park Slope building
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Co-living firm Common and residential developer Adam America Real Estate have just launched Common Baltic, a co-living space at 595 Baltic Street in Park
Deals & Dealmakers
Apollo adds 65,000 s/f to W57th Street footprint
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Apollo Management Holdings L.P. inked a deal that will add more than 65,000 s/f to its current footprint at 9 West 57th Street, as well as significantly
Deals & Dealmakers
GFI Realty Services launches triple net lease practice
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GFI Realty Services has formed a Net Lease Team (NLT) that will specialize in arranging the sale of triple-net-lease (NNN) assets for investors.
Deals & Dealmakers
Safehold REIT pays $620M for 425 Park ground lease
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iStar-backed Safehold Inc., is in contract to buy the land under 425 Park Avenue as part of a flurry of deals in its aggressive push into the ground lease sector.
Deals & Dealmakers
Study: NYC renter income growing faster than rental rates
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While the rent may too damn high, it seems renters in New York City have grown more resilient. According to the US Census Bureau’s latest American Community
Deals & Dealmakers
Law firm Greenspoon Marder subleases 25,000 s/f at 590 Madison
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Savills Studley has arranged a seven-year, 25,000 s/f sublease for national full-service law firm Greenspoon Marder at 590 Madison Avenue, a trophy building
Deals & Dealmakers
Non-profit organization NADAP renews full-floor lease at Rudin’s 355 Lexington
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NADAP, a non-profit organization which operates programs that connect disadvantaged New Yorkers with jobs, community supports, healthcare and other resources
Deals & Dealmakers
Hotel giant HWE hires two more New York veterans for sales expansion
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Hodges Ward Elliott (HWE) has hired two more New York City industry veterans as it continues its push into the investment sales sector. Paul Gillen has
Deals & Dealmakers
AROUND TOWN: REBNY’s annual banquet to be held at Hilton Midtown
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NYARM Jan 14: The New York Association of Realty Managers Presents “Understanding Where Capital Repair & Project Expenses Are To Be Allocated and How
Deals & Dealmakers
Office building on private island in Connecticut sells for $22 million
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Colliers International Group Inc. has arranged the sale of One Gorham Island in downtown Westport, one of Connecticut’s most distinctive office properties
Deals & Dealmakers
Spitzer sells UES rental building for $160M to The Dermot Group
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Former Governor Eliot Spitzer has sold an Upper East Side building for nearly $160 million to a partnership led by The Dermot Group, USAA Real Estate and