Debt & Equity
SKYC locks in 3% interest on $26M loan to buy Dalan’s Bronx portfolio
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Eastern Union Funding has brokered a $25.6 million loan from Bank United for SKYC Management’s purchase of a Bronx apartment portfolio.
Deals & Dealmakers
Cushman & Wakefield acquires NAI Long Island
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 Cushman & Wakefield announced today that it has acquired the brokerage division of NAI Long Island, adding 16 new commercial leasing and investment
Deals & Dealmakers
Quadrum secures $320M in financing for high profile development projects
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Oleg Pavlov’s Quadrum Global has secured a second multi-millon dollar construction loan in as many days as the company embarks on its latest high-profile
Featured
Bright outlook for boutique office building sales in 2019
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By Jake Kaiser, director of sales, Goldenwood Property Advisors The last quarter of 2018 saw a flurry of activity in the Manhattan boutique office market.
Deals & Dealmakers
Lexington Realty closes $338.2M deal to sell land under 3 Manhattan hotels
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Lexington Realty Trust has closed on a $338.2 million deal to sell the land under three hotels in Midtown, Tribeca and the Financial District.
Deals & Dealmakers
JV shakes off bankruptcy with $154M to finish luxury hotel
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Rendering of the new Le Fouquet hotel The partnership behind a planned luxury hotel at 456 Greenwich Street in Tribeca has emerged from bankruptcy with
Deals & Dealmakers
Textile company opens new showroom in Rosen Family Flatiron building
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Chilewich, the New York City-based textiles/housewares company founded by Sandy Chilewich and Joe Sultan, has opened a new showroom/headquarters in the
Deals & Dealmakers
Taconic, JRT Realty unveil marketing center for 619 West 54th
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Taconic Investment Partners and JRT Realty Group unveiled the brand new marketing center at 619 West 54th St. on Tuesday, May 5, with a festive Cinco de
Debt & Equity
Lenders jump to pump $425M into 111 Murray
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Fisher Brothers, Witkoff and New Valley announced the closing of a $445 million construction loan for 111 Murray Street, a 58-story ground-up condo breaking
Deals & Dealmakers
Online marketplace reaches $500M in online real estate investments
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CrowdStreet, Inc., a technology provider with an online marketplace for direct equity investment in commercial real estate (CRE), announced that in March
Construction & Design
Inspectors fired, audits stepped up after latest elevator death
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The DOB has fired two elevator inspectors after an audit by Comptroller Thomas DiNapoli found the department wasn’t following its own rules.
Construction & Design
30 Hudson Yards construction tops out at 1,296 s/f
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Related Companies and Oxford Properties Group announced yesterday (Tuesday) that 30 Hudson Yards, the tallest building in Manhattan’s newest neighborhood