Featured
Car guys do a drive-by of Margaritaville
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MHP Real Estate is in talks with a luxury car dealership eyeing the ground floor retail space at the under-construction Margaritaville Resort in Times Square.
Deals & Dealmakers
CBRE announces $123 million sale of Continental Plaza in Hackensack
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CBRE announced the sale of the Continental Plaza in Hackensack, New Jersey for $123,000,000, the highest price paid for an office building in Bergen County
Deals & Dealmakers
Midtown South office building gets $20M refi
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JLL Capital Markets has arranged a $20 million refinancing for 16 West 36th Street, a 13-story, 67,271-a/f office building with street level retail in Midtown South.
REBNY Watch
REBNY to honor David Greenbaum as ‘Distinguished New Yorker’
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Next week at REBNY’s 124th annual banquet, it will be a tremendous honor to present Vornado Realty Trust Vice Chairman David R. Greenbaum with The Harry B.
Banking and Finance
K&R forms new equity partnership for affordable housing portfolio
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K&R Preservation, the New York City-based affordable housing development firm owned and operated by its principals Francine Kellman and Brian Raddock
Mergers and Acquisitions
Newmark eyes European retail with latest Brit buy
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Newmark announced the acquisition of retail specialist Harper Dennis Hobbs Holdings Limited (HDH), a real estate advisory firm based in London.
Construction & Design
State to acquire full block for Penn Station expansion
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Governor Andrew Cuomo this week unveiled a new plan to combine Penn Station with the soon-to-be-finished Moynihan Train Hall to create a train and subway
Deals & Dealmakers
JLL brokers sale of $150M Macquarie debt backed by mixed US portfolio
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The loans are collateralized by industrial, office and multifamily assets across the US. JLL Capital Markets sold a performing loan portfolio for Macquarie
Mergers and Acquisitions
CBRE acquires network infrastructure company
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CBRE Group announced the acquisition of New England Fiber, Inc. (NEF), a telecommunications and network infrastructure advisory services firm.
Deals & Dealmakers
Connecticut nursing home gets $8M bridge loan
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Greystone has provided an $8 million HUD-insured loan to refinance a 90-bed skilled nursing facility in Plainfield, Connecticut. The $8,008,000 permanent
Deals & Dealmakers
Tishman Speyer inks 530,000 square foot lease at The Spiral
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Tishman Speyer announced that Debevoise & Plimpton LLP will relocate its firm headquarters to The Spiral, its 65-story office tower currently under
Construction & Design
Construction gets underway on Queens co-working facility
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The co-working space will accommodate up to 80 startups Construction is underway on the Greater Jamaica Development Corporation’s Downtown Jamaica Co-Working