Residential
Can residential developers meet the demand for day care in their buildings?
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In New York City, more apartment complexes offer day care for pets than for children. The consensus within the city’s real estate world is that the industry
Deals & Dealmakers
Churchill bedmaker tucked in on East 59th Street
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Colliers International has arranged a long-term, 3,295 s/f retail lease at 223 East 59th Street, with luxury bed-making company taking the ground floor and mezzanine.
Deals & Dealmakers
Amazon closes 360,000 s/f lease at Brookfield’s Five Manhattan West
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Brookfield has signed a 360,000 s/f lease at Brookfield’s Five Manhattan West. The firm, which recently announced a search for its “
Residential
DONE DEALS: Roundup of the week in residential sales
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MAGGIE REGAN Sometimes the perfect home is worth the wait, just ask Citi Habitats agent Maggie Regan. She recently closed on an apartment at 875 Saint
Deals & Dealmakers
ON THE SCENE: This week’s sales and exclusives under $10 million
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AGENTS ERG Property Advisors announced the following exclusive assignemnts: • Matthew Murphy is representing the seller of 39-41 Palisade Avenue, Yonkers.
Deals & Dealmakers
ATCO closes two leases in Garment District
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ATCO Properties & Management has completed a retail lease renewal and a new office lease at 240-246 West 35th Street, an 18-story building in the Garment District.
Construction & Design
SL Green to develop new office tower at One Madison Avenue
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SL Green is cooking up a major renovation of One Madison Avenue in which it could add more than a quarter million square feet to the Midtown South office
Deals & Dealmakers
Billionaire’s Row Hotel trades for $420M
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Hedge fund Elliott Management Corporation has partnered with GFI Capital Resources Group to buy The Parker New York hotel overlooking Central Park on the
Featured
Airbnb taps security partner for first home-sharing property
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In a move that looks to stymie opponents of home-sharing, Airbnb development partner Niido has announced a deal with smart access platform, Latch.
Deals & Dealmakers
Investment bank Siebert Cisneros expands at 100 Wall Street
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Siebert Cisneros Shank, & Co. (SCSCO) has doubled its real estate commitment at 100 Wall Street in Lower Manhattan. Colliers International’s Eric Yarbro
Debt & Equity
CBRE puts together $52M student housing loan in NJ
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CBRE Capital Market’s Debt & Structured Finance team has arranged acquisition financing on behalf of Greystar/PIMCO for Rockoff Hall, a 674-bed, 186-unit
Featured
Council members back bill to tax absent apartment owners
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By Sabina Mollot A few weeks after an out-of-state hedge fund billionaire bought a $238 million penthouse on Central Park South, two City Council members