Deals & Dealmakers
Extell buys Ring portfolio
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Extell Development Company confirmed Friday that  it has reached an agreement with Frank Ring, president and founder of F.M. Ring Associates to acquire
Construction & Design
Grand Central owner goes off the rails on 1 Vanderbilt
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By Konrad Putzier The owner of Grand Central Terminal threatened to sue over One Vanderbilt last week, putting a damper on an otherwise encouraging City
Deals & Dealmakers
New group seeks to shake up social scene
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Roland Li for Real Estate Weekly By Roland Li On the first day of March, the venerable Costas Kondylis spoke in Soho. But the setting wasn’t in the halls
Deals & Dealmakers
Brookfield banks $1B on downtown towers
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Brookfield Place By Linda O’Flanagan Brookfield Office Properties Inc. this week closed on $1 billion in financing on two of the four office towers
Deals & Dealmakers
WHO’S NEWS: Corey Abdo joins CBCA; Ray Kelly lands consulting gig
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Coldwell Banker Commercial Alliance announced that Corey J. Abdo, a 25-year veteran of commercial real estate, has joined the firm as an executive managing
Deals & Dealmakers
CIM Group buys 16 Court Street for $171M
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Investment firm CIM Group has purchased 16 Court Street in Downtown Brooklyn for $171 million. The property, also known as the Montague-Court Building
Deals & Dealmakers
Startup riding second wave in real estate crowdfunding
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Crowdfunding’s seemingly inevitable advance into the real estate industry faces a rather mundane obstacle: lack of technological expertise.
Deals & Dealmakers
Finance maverick who’s looking to give everyone a piece of real estate action
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New York’s reign as a safe haven for investment capital is a large part of what keeps domestic and foreign heavy hitters pouring money into properties in the area.
Deals & Dealmakers
WHO’S NEWS: Commercial promotions and hires
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Elie Hirschfeld has been appointed to the Israel Bonds National Campaign Advisory Council. The organization typically sells over $USD One Billion in bonds
Deals & Dealmakers
Jehovah’s Witnesses bag $80M in sale of latest Brooklyn property
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The Jehovah’s Witnesses are set to add just under $80 million to their billion-dollar haul from the sale of their Brooklyn portfolio. Los Angeles-based
Deals & Dealmakers
Extell to clear another site in Chelsea
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Extell Development Company has filed plans to demolish the Chelsea building that  housed the Red Door music venue founded by one-time Rolling Stones manager
Deals & Dealmakers
WHO’S NEWS: Commercial promotions and appointments
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Warshaw Burstein LLP announced Lori Anne Czepiel and Kevin Hirson as newly-hired partners and Peter Figdor as newly-hired counsel to the firm.