Deals & Dealmakers
HFZ lands $1.25B construction loan
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HFZ Capital Group announced the closing of $1.25 billion in construction financing for The Eleventh, its luxury mixed-use megaproject in Chelsea.
Deals & Dealmakers
Macyʼs partners with Brookfield as it prepares to boost real estate value
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Retailer Macy’s has formed a partnership with Brookfield Asset Management as it looks to boost the value of its real estate portfolio. Macy’s, which has
Deals & Dealmakers
Land use veteran Steven Hornstock of ABS lands on the upside of the market recovery
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Steven Hornstock, ABS By Roland Li Steven Hornstock’s career has spanned accounting, residential development and land assemblage, culminating with his
Debt & Equity
Brookfield still interested in Stuy Town as tenants brace for rent hikes
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Stuy Town & PCV tenants are facing a rent hike. By Sabina Mollot and Holly Dutton Another round of rent hikes at Stuyvesant Town should make the massive
Debt & Equity
Cash startups are separating from the crowd
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Americas crops of crowdfunding start-ups are starting to show signs of diverging. By Konrad Putzier In the trial-and-error gospel of creative destruction
Deals & Dealmakers
REBNY announces honorees for NYC real estate’s biggest night
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The Real Estate Board of New York (REBNY) has announced who will be presented with top honors for their professional success and contributions to the real
Construction & Design
PHOTOS: Construction council hosts New Year’s party
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Greater New York Construction User Council’s New Year’s Party Greater New York Construction User Council’s New Year’s Party The Greater New York Construction
Deals & Dealmakers
Fidelity Investments launches real estate ETF
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Fidelity Investments announced it expanded its passive sector ETF product lineup with the launch of Fidelity MSCI Real Estate Index ETF (FREL).
Retail
Hardee’s lands first NYC location
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Fast food fans rejoice: Hardee’s is opening its first New York City location in Brooklyn. 500 Clarkson Avenue (via Google) One of the country’s largest
Deals & Dealmakers
Skyscraper Queen to take bow at forum
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The “Queen of Skyscrapers,” Darcy Stacom of CBRE, will give an exclusive one-on-one interview on her journey to the top of the real estate business at
Residential
Summer sales bring nice surprise
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High temperatures are expected in the summer, but high sales activity in residential real estate is a surprise during the third quarter.
Deals & Dealmakers
Selling points: Skyline Developers buys Plaza District site, Acadia sells Inwood building
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Acadia Realty Trust Acadia sells Inwood building for $30M New Jersey-based firm Fairbridge Properties has acquired an office building in Inwood for $30.