Banking and Finance
Equity Residential secures $2.5 billion credit line
00
Equity Residential announced Monday that its operating partnership has entered into a $2.5 billion multi-currency revolving credit facility, replacing
REBNY Watch
REBNY to honor Jodi Pulice with lifetime achievement award
00
On January 16, 2020, at REBNY’s 124th Annual Banquet, it will be a true pleasure to present Jodi Pulice with this year’s Bernard H. Mendik Lifetime Leadership
Deals & Dealmakers
Qatari fund pays $310M for St. Regis
00
Marriott will continue to operate the hotel. Marriott International has sold the St. Regis New York Hotel to Qatar Investment Authority for $310 million.
Featured
East River Blueway Plan gets more funding
00
By Maria Rocha-Buschel A rendering depicts the East River waterfront after the addition of wetlands and trees.Renderings courtesy of WXY Architecture +
Construction & Design
Retail construction costs rising in emerging markets
00
By Gary Emmett, Construction Economist, Turner & Townsend Retail construction is most active in emerging markets, and these are the areas experiencing
Deals & Dealmakers
Stellar, AKI planning 10-story Queens office building
00
Stellar Management announced it has purchased a development site in Astoria, Queens, in partnership with AKI Development. The JV plans to build a 10-story
Retail
Gym for kids growing at rapid clip
00
Children’s fitness brand My Gym is opening on the Upper West Side. Gregory Tannor and Michael Watson of Lee & Associates NYC negotiated the ground-floor
Legal Viewpoints
Don’t miss deadline for Opportunity Zone tax benefits
00
By Adam R. Sanders, partner, Rosenberg & Estis The clock is ticking on a major benefit of the Opportunity Zone program. On December 31, 2019, the 15
Deals & Dealmakers
Vets tell old dogs why they should learn new tricks
00
A trio of commercial real estate industry veterans proved you’re never too old to learn during the New York Real Estate Expo last week.
Deals & Dealmakers
“Vertical freight train” powering WTC construction
00
By Roland Li After the towers fell, one of the largest clean-ups in history began. Because the damage was so massive, officials divided the site – referred
Deals & Dealmakers
Chetrits’ buy Rudins’ One Whitehall for $181M
00
Cushman & Wakefield announced the sale and financing of One Whitehall Street, a 366,209 s/f full-block mixed-use office building in the Financial District.
Deals & Dealmakers
HHC holding onto Seaport amid corporate shakeup
00
The Howard Hughes Corporation is shaking things up in the boardroom but holding on to its massive South Street Seaport development. On Monday, the company