Deals & Dealmakers
Newmark, Northwind plan repositioning at 40 Exchange Place
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Jeff Gural’s Newmark Holdings has partnered with the Northwind Group to buy 40 Exchange Place for $115 million from Weiss Realty. The partners plan a capital
REBNY Watch
Worry lines put a crack in broker confidence this quarter
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By Steven Spinola REBNY recently released its third quarter 2014 Broker Confidence Index, which saw a slight decrease in both residential and commercial
Debt & Equity
Online investment platform EQUITYMULTIPLE launches first debt offering
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EQUITYMULTIPLE, an online investment marketplace — or crowdfunder —  announced its entrance into the debt space by offering investors the ability to participate
Banking and Finance
Novel Property secures $117M multifamily renovation refinance
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JLL arranged financing totaling $117.86 million for Everly Roseland, a 360-unit apartment community located in Roseland, Essex County, New Jersey.
Deals & Dealmakers
Synapse-AQARAT partnership targets Brooklyn, San Francisco projects
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New York based Synapse Development Group announced its platform partnership with Kuwaiti real estate company, AQARAT. The joint venture will be targeted
Deals & Dealmakers
Grovo doubles its space with move to Midtown South
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Online employee training company Grovo is more than doubling its office space with a move to Two Trees Management’s 50 West 23rd Street.
Featured
Fresh push to save a billion birds a year from killer glass
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Ornithologists estimate that 330 million to one billion birds die annually in the United States due to glass collisions, fatalities that can be prevented
Construction & Design
Commissioner takes local law safety message on the road
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Buildings Commissioner Melanie E. La Rocca has taken the city’s construction safety campaign on the road. She and staff members visited 1,000 construction
Deals & Dealmakers
Judge rules against NYC water rate hike, $183 credit to homeowners
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A judge has ruled against a plan by the city to hike water rates and give homeowners a $183 bill credit. Photo by Shaylor/ Flickr Saying the proposed rebate
Featured
Executives say Trump presidency would be bad for REITs
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Donald Trump, with his warnings of a “big, fat, ugly bubble,” has sold himself as the messiah of the American economy. Photo by Rafael Matsunaga/ Flickr
Debt & Equity
iFunding crowdfunds itself
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SOHIN SHAH & WILLIAM SKELLEY It seems fitting that iFunding, a startup that crowdfunds real estate investments, is turning to crowdfunding to fund
Retail
Nordstrom Rack signs 35,000 s/f Jersey lease
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Helena Loelius and Trista Ricciardelli at Sitar Realty Company-TCN Worldwide announced that Nordstrom Rack will be arriving in The Crossroads at Eatontown