Construction & Design
Report: Midtown is cityʼs construction hotspot
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Midtown south of Central Park has the most construction activity in the city, according to the first-ever NYC Construction Dashboard issued by the Department of Buildings.
Deals & Dealmakers
Meridian arranges $165M Chetrit acquisition loan
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Meridian Capital Group has arranged a $165 million loan for Isaac Chetrit to help fund his purchase of 1412 Broadway. Chetrit is buying the 24-story office
Deals & Dealmakers
WHO’S NEWS: Commercial appointments and promotions
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Peckar & Abramson, P.C. (P&A) announced that Warren E. Friedman and Jesse S. Keene have been elevated to the firm’s Partnership.
Deals & Dealmakers
John Mellencamp buys former photo studio loft in SoHo for $2.3M
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John Mellencamp He was born in a small town, he’ll probably die in a small town but, at least for the time being, it’s big city living for John Mellencamp.
Deals & Dealmakers
C&W team does a string of deals at 25 West 45th Street
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28 West 44th Street By Daniel Geiger APF Properties has pumped out a collection of deals at 25 West 45th Street. The activity amounts to about 40,000 s/f
Photo Gallery
IN PICTURES: Hidrock partners with New York Cares
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Hidrock Properties partnered with New York Cares to help P.S 20 on the Lower East Side to prepare for the school year. A nonprofit  focused on volunteer
Debt & Equity
Institutional investors pump $250M into RealtyMogul.com
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RealtyMogul.com, the online marketplace for real estate investing, announced the company has received $250 million in direct commitments from large institutional
REBNY Watch
Hats off to team work setting gold standard for new Midtown East
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By REBNY President John Banks SL Green Realty Corp, the city’s largest commercial landlord, recently broke ground on One Vanderbilt, a $3 billion office
Residential
Extell reports $1B in sales at under-construction tower
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PRICES AT ONE57 START AT $16.75 MILLION In a return to the real estate boom, developer Gary Barnett has sold $1 billion worth of luxury apartments from
Deals & Dealmakers
Silverstein Properties, Taconic complete $200M recapitalization of 619 W. 54th
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Taconic Investment Partners and Silverstein Properties have completed a $200 million recapitalization of 619 West 54th Street on the West Side of Manhattan.
Deals & Dealmakers
Brookfield going for bigger with latest buyout plan
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By Konrad Putzier Bigger is better – at least as far as Brookfield Property Partners is concerned. On Monday, the owner of commercial and residential real
Residential
Big launch for little apartments in Times Square
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Pod Pads, the latest concept in micro-living, are now available to rent in the heart of Times Square. Measuring 600 to 800 s/f, the one and two bedroom