Deals & Dealmakers
GDC Properties closes on $106M deal for Connecticut apartments
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GDC Properties closed on a $105.9 million deal earlier this week for an apartment community in Norwalk, Connecticut. Represented by the in-house team of
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
Deals & Dealmakers
Staten Island development site near Amazon warehouse to hit auction block
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A 15-acre development site on the west side of Staten Island will hit the auction block next month offering quick access to New Jersey and an entryway
Deals & Dealmakers
Amazon effect making Newark a winner
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Tomorrow could be a big day for Newark. July 5 is Amazon’s birthday and, it has been reported, CEO Jeff Bezos may announce where the tech giant will build its HQ2.
Deals & Dealmakers
South Koreans pay $5.8B for Anbang hotel portfolio
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Mirae Asset Global Investments announced that it has entered into a definitive agreement to acquire a portfolio of 15 U.S. luxury hotels from Anbang Insurance Group Co.
Featured
More landlords greet New Year with empty apartments
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December apartment vacancy rates continued to climb, despite landlord efforts to tempt end-of-year renters. According to Citi Habitats’
Construction & Design
Architecture firm nabs three floors in One Willoughby Square
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FXFOWLE enjoyed its latest project, a 34-story office building in Downtown Brooklyn, so much that it’s decided to lease space there—three full floors, to be exact.
Deals & Dealmakers
Foreign investors still love New York
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By Holly Dutton Foreign tongues are wagging about investment in Manhattan real estate — and they say it’s as hot as ever, according to investment banking
Featured
LIC apartments getting smaller as more people move there
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As Long Island City’s residential stock has grown exponentially in the last several years, as glassy towers by TF Cornerstone and Rockrose pop up along
Deals & Dealmakers
Stillman unveils plan to transform Times Square Theater
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Stillman Development has struck a deal to transform a long-shuttered Times Square theater into a state-of-the-art store. After years of false starts that
Debt & Equity
India, Nigeria, Vietnam among nation’s nudging their way into US real estate investment
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After a run of robust foreign investment capped off by a particularly strong 2016, the real estate industry saw cross-border purchasing decline considerably
Deals & Dealmakers
Co-living firm Ollie arrives in Jersey City
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New York City (NYC) based co-living specialist, Ollie, has signed a master lease to operate the first all-inclusive co-living concept to New Jersey.