Deals & Dealmakers
Rose Associates sells luxury tower for $300M
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Invesco Real Estate, on behalf of a client, has purchased the Madison Belvedere, a 50-story luxury rental tower in the Midtown South district —
Featured
TF Cornerstone taps Winick to lease 55,000 s/f Brooklyn retail
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300 Livingston rendering TF Cornerstone has unveiled details of the company’s 55,000 s/f retail space at 300 Livingston Street. Located on the ground floor
Deals & Dealmakers
Cayuga Capital draws crowd to Brooklyn
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Realty Mogul has completed its first-ever crowdfunding project in New York, raising $1.6 million from 46 investors for two apartment buildings in Brooklyn
Headline
City has world’s money at its feet
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767 Fifth Avenue By Sarah Trefethen Investors from opposite sides of the world have teamed up to buy a 40 percent stake in the General Motors Building
Deals & Dealmakers
Nasdaq moves global headquarters to 4 Times Square
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Nasdaq will move its global headquarters from Lower Manhattan to Midtown, adding more than 100,000 s/f to its lease at 4 Times Square. The stock exchange
Construction & Design
Advance JV gets Paramus retail okay
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The partnership of Advance Realty and Invesco Real Estate has received approval from the Borough of Paramus to move forward with its plan to redevelop
Construction & Design
WATCH: Time lapse video of construction at Hudson Yards
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The Hudson Yards Redevelopment Project, the largest new development project in the U.S., will bring 16 skyscrapers that will house 12.7 million square
Deals & Dealmakers
Kaufman buys another Frank Ring building from Extell
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The Kaufman Organization, in a joint venture with Goldman Sachs, has closed on the ground lease of 155 West 23rd Street for a reported $45 million.
Deals & Dealmakers
WHO’S NEWS
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Breather, a real-estate technology company, hasannounced that Dan Suozzi has joined the company as chief real estate officer.
Featured
Igluu steps in to the fray: Startup promises more broker-friendly business model
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Igluu, an apartment rental and sales listing service startup, is hoping to court home buyers away from StreetEasy with the launch of an online portal and
Leases
LEASES: Okada & Company announced a 5,654 s/f lease at 541 West 25th Street
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NEW YORK SAM STEIN The Kaufman Organization announced that Marley Spoon, a global meal delivery service that partners with celebrity chef Martha
Construction & Design
City expands subway system for the first time in 26 years
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The Metropolitan Transportation Authority (MTA) has just opened a new subway station, marking the first time that the New York City subway system has been