Debt & Equity
Meridian arranges $180M loan for APF’s Club Row Building
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28 West 44th Street Meridian Capital Group arranged $180 million in financing for the Club Row Building in Midtown on behalf of APF Properties.
Construction & Design
Game-changing development will bring schools, affordable housing to kids and their teachers
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Ron Beit with Newark schoolchildren at the groundbreaking for Teachers Village. Some of the biggest names in politics, finance and real estate broke ground
Deals & Dealmakers
Vorea Group agrees to $350M ground lease deal for LIC site
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Brooklyn development firm The Vorea Group has just signed a 99-year ground lease at 23-20 Jackson Avenue in Long Island City. Photo via The Vorea Group’
Deals & Dealmakers
NYC real estate market in holiday mode amid foreign cash crises
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As the real estate industry braces for the impact of the financial turmoil in Greece and China, experts point out that not only is New York City’s real
Deals & Dealmakers
Tax firm takes a floor at One New York Plaza
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Brookfieldʼs One New York Plaza is another tenant closer to being fully leased. Globe Tax Services, Inc., just took the entire 34th floor at the building
Deals & Dealmakers
Kaufman signs first tenant to revamped portfolio
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By Dan Orlando AlleyNYC, one of the fastest rising co-working firms in New York City, has signed a 36,000 s/f lease for three full-floor spaces at 119-125
Deals & Dealmakers
Harbor Group borrows $105M for 55 Broadway buy
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CBRE Group, Inc.’s Debt & Structured Finance team—part of the company’s Capital Markets group—has completed a seven-year, $105 million loan for the
Deals & Dealmakers
Hudson Rise dispute gets messy
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The dispute for the 42-story Hudson Rise hotel-condo tower in Midtown continues on, even though some of the combatants aren’t clear on the status of the conflict.
Deals & Dealmakers
New manager at Stuy Town as clock ticks on Brookfield offer
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By Sabina Mollot Brookfield has partnered with tenants to buy Stuy Town The city’s most expensive apartment complex has a new general manager.
Deals & Dealmakers
Trulson plotting his next big move as market ebbs and flows
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Derek Trulson, newly-promoted vice chairman at JLL, plays a major role in filling some of the city’s most desirable commercial space. But before he was
Construction & Design
American Copper, Steinway Tower contractors charged with fraud
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Contractors hired to build Steinway Tower, the American Copper Building and several other high-profile Manhattan projects have been indicted for theft and fraud.
Deals & Dealmakers
Iconic hits high note with Arias sale
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By Lauren N. Johnson The Iconic Group has has sold its 95-unit Arias apartment building in Brooklyn’s Park Slope neighborhood to Dallas-based investment