Deals & Dealmakers
Selling points: Durst goes beyond NY borders, Largavista mulling creative office conversion
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Durst Organization Durst reaches beyond NY borders The Durst Organization has acquired a slice of the Philadelphia waterfront for just over $21 million
Debt & Equity
Zar Group refinances Broadway tower with $210M loan
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The Zar Group has refinanced 1450 Broadway with a $210 million loan from Goldman Sachs Bank USA. Meridian Capital Group’s senior managing director
Green Building
Hotels join NYC carbon challenge
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With hotels filled to capacity as families celebrate the holiday season in New York City, Mayor Bill de Blasio announced that 16 hotels are joining the
Deals & Dealmakers
Tech firm inks 100,000 s/f lease at One Soho Square
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A health-tech company that started out just five years ago in a co-working space has inked a deal for over 100,000 s/f of reburbished midtown south offices.
Deals & Dealmakers
KDA to market former House of Vans location
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Kalmon Dolgin Affiliates were tapped as exclusive leasing and marketing agents for the former House of Vans outpost at 11-25 Franklin Street in Brooklyn.
Deals & Dealmakers
Douglas Elliman acquires Los Angeles-based rival Teles Properties
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Douglas Elliman, the nation’s fourth largest residential real estate brokerage company, has entered into contract to acquire Los Angeles-based Teles Properties.
Debt & Equity
Report: US lending conditions remain favorable
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High investor confidence, attractive equity markets and positive economic indicators have contributed to favorable commercial real estate lending market
Deals & Dealmakers
Tech, healthcare job growth signals strong tenant demand
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The overall national office market recovery slowed slightly in the first quarter of 2016 amid financial market volatility. However, as financial markets
Residential
HAVE YOU HEARD? Bruce Willis lists his Bedford estate
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ACTOR Bruce Willis is selling his Bedford country estate. The actor recently put the 12-bedroom property on the market for $12.95 million.
Deals & Dealmakers
Famous Tudor lands $35M loan
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Meridian Capital Group negotiated a $35 million loan to refinance the Windsor Tower of Tudor City Place on behalf of Windsor Owners Corporation.
Debt & Equity
Contractors braced for new accounting rules for revenue recognition
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By Marc Newman, CPA, CGMA, associate managing partner, Anchin, Block & Anchin LLP Construction businesses that follow Generally Accepted Accounting
Deals & Dealmakers
Will Silverman leaves Savills Studley to lead new investment sales operation for hotel giant
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Will Silverman has left Savills Studley to lead the New York expansion of hotel brokerage, Hodges Ward Elliot (HWE). WILL SILVERMAN HWE is among the world’s