Featured
City Connections makes retail move
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DAVID SCHLAMM City Connections Realty, a commercial and residential real estate agency led by David Schlamm, has hired Steve Asch as its director of leasing.
Debt & Equity
Fix it: RSA’s message to the Rent Guidelines Board
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Members of the city’s Rent Stabilization Association (RSA) are set to lobby the de Blasio-appointed Rent Guidelines Board to raise rents for over
Deals & Dealmakers
Legal veteran Stuart Saft savoring latest role in development market
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By Dan Orlando The pool of real estate professionals in New York is comprised of an assortment of individuals, each with varying backgrounds and unique
Deals & Dealmakers
Video production firm B-Reel signs 13,500 lease at 77 Sands St. in Brooklyn
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Kushner Companies LIVWRK, and RFR signed a ten-year, 13,500 s/f lease with creative agency B-Reel at 77 Sands Street. The lease adds to anexpanding roster
Deals & Dealmakers
Taconic buys Greenwich Village office tower for $109M
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A joint venture between Taconic Investment Partners, TH Real Estate and Squire Investments LLC has purchased 817 Broadway for $109 million.
Lawsuits
City yanks 421a benefit from 1,700 property owners
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More than 1,700 property owners who have not complied with the requirements of the 421a program have had the benefit yanked as part of a crackdown on rule-breakers.
Deals & Dealmakers
NorthStar in $4B deal to acquire healthcare REIT
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NorthStar Realty Finance Corp. and Griffin-American Healthcare REIT II, Inc. announced that the boards of directors of both companies have unanimously
Deals & Dealmakers
New owners tap Avison Young to lease 211 East 43rd Street
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Avison Young has been retained by a joint-venture partnership of Alchemy-ABR Investment Partners and a separate account managed by Clarion Partners to
Banking and Finance
Staybridge Suites development gets MRC support
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Marcus & Millichap Capital Corp. arranged $46 million in construction financing for a Staybridge Suites located at 38-61 11th Street in Long Island City, Queens.
Featured
Prologis buys rival for $12.6B
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Prologis, the world’s biggest industrial landlord, is set to buy rival Liberty Property Trust in a $12.6 billion deal. The company announced on Monday
Retail
Frozen dessert shop Snowdays coming to Forest Hills
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Snowdays, a shaved cream dessert shop that is expanding into the outer boroughs, has signed a 10-year lease for 480 s/f at 72-74 Austin Street in Forest Hills, Queens.
Deals & Dealmakers
Synapse Development partners with Kuwaiti group on SF buy
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New York-based Synapse Development Group, and its Kuwaiti partner, has acquired a mixed use building at 944 Market Street in San Francisco for $33 million.