Banking and Finance
Borrower ticks all the right boxes with secondary market opportunity
00
MLK Real Estate Capital (arranged bridge financing on behalf of a Kentucky-based developer for the adaptive reuse of a vacant 250,000 s/f office property
Residential
Next phase of Brooklyn’s Greenpoint Landing gets underway
00
Greenpoint Landing will ultimately have over 5,000 apartments, shops and parkland. Ground has been broken for the next phase of Greenpoint Landing, the
Deals & Dealmakers
Family sells Chelsea gallery building
00
A Chelsea building west of the High Line that is home to a handful of art galleries has been sold for $72.5 million to the Feil Organization and Rigby
Featured
Kent Swig lights world’s largest menorah
00
In celebration of Chanukah, Kent M. Swig, president of Swig Equities, joined Rabbi Shmuel Butman, of the Lubavitch Youth Organization, to light the world’s
Debt & Equity
Beacon JV lands $240M BoA tower loan
00
Bank of America Tower PGIM Real Estate Finance has arranged $240 million acquisition financing for the Bank of America Tower, a 35-story Class ‘AA’ office
Deals & Dealmakers
NYC calls a halt to sending its homeless population to Newark
00
New York City has agreed to a temporary pause on its policy of sending its homeless to live in Newark, NJ. After seven hours of discussion between the
Deals & Dealmakers
Rent rules facing second lawsuit
00
A second lawsuit has been filed against New York’s Housing Stability and Tenant Protection Act (HSTPA). The Building and Realty Institute (BRI) of Westchester
agency assignments
NKF retained by Elms Realty to oversee LIC redevelopment
00
The project will consist of 400,000 s/f of office and retail space in five connected buildings Newmark Knight Frank (NKF) has been retained to represent
Leases
Sales firms joins APF’s Club Row roster
00
Newmark Knight Frank (NKF) has completed two leases on behalf of APF Properties with new tenant Advantage Sales & Marketing at The Club Row Building.
Leases
Repositioning plan tempts Mazars into 90,000 s/f renewal
00
George Comfort & Sons is in the midst of a repositioning of 135 West 50th Street George Comfort & Sons, Inc. announced today that it has finalized
Deals & Dealmakers
Leary watching landscape change, business grow
00
Brian Leary For Brooklyn-born Brian Leary, home is where the business is. “Brooklyn is 80 square miles and a few million people in population,” he said.
Deals & Dealmakers
Cornerstone elbows into affordable lending with $93M buy
00
Cornerstone Real Estate Advisers, one of the world’s largest real estate-focused investment managers, announced an agreement to acquire ACRE Capital Holdings