Deals & Dealmakers
Selling points: Fairstead buys former illegal hotel on the Upper West Side, JV acquires $33M SF building
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Fairstead Capital Fairstead buys former illegal hotel on the Upper West Side Fairstead Capital has just acquired the Park 79 Hotel on the Upper West Side
Deals & Dealmakers
NKF getting everyone on same page with latest tech buy
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Newmark Knight Frank has acquired Workframe, Inc., a workflow solutions provider that the company hopes will propel its tech platform to the next level.
Debt & Equity
City buys distressed mortgages to preserve affordable housing
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The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer joined a number of non-profit organizations
Deals & Dealmakers
Restaurateur Giuseppe Cipriani snags $7.3M apartment at 114 Liberty Street
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Restaurateur Giuseppe Cipriani has bought a $7.3 million apartment in the Financial District. Cipraini, a member of the family that operates the restaurant
Deals & Dealmakers
$59M deal will fund new Mount Vernon apartment tower
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Alexander Developer Group and their joint venture partners the Bluestone Organization and JP Morgan Asset Management have secured a $59 million loan to
Construction & Design
Affordable building meets Passive rules
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Ground was broken this week from Betances Residence in the Bronx One of the most carbon-efficient apartment buildings in the world will house low income
Deals & Dealmakers
Senior housing next for rent regulation overhaul?
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A rapidly growing population of urban seniors is giving some investors gray hair. Fears are brewing that if developers can’t meet demand from a ‘silver
Residential
Have You Heard? Playwright Martha Pichey selling Chelsea loft
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Playwright Martha Pichey is selling her Chelsea loft. Originally built as horse tables for the patrons of the historic Ladies Mile shopping district, 136
Retail
Trader Joe’s to open at City Point in Downtown Brooklyn
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Co-developers of Brooklyn’s largest mixed-use development City Point, Acadia Realty Trust (Acadia) and Washington Square Partners (Washington Square)
Residential
Coldwell Banker Reliable opens Harlem office
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Coldwell Banker Reliable has a new office opening in Harlem, after serving the Harlem community for years, but without a physical storefront in Manhattan.
Deals & Dealmakers
Avison Young dangles $200M apartment portfolio
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The portolio includes eight buildings. Avison Young’s Tri-State Investment Sales group is marketing a portfolio of eight luxury apartment buildings whose
Deals & Dealmakers
SELLING POINTS: Ariel Property Advisors retained to sell the HP Plaza Portfolio
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● COLLIERS NJ office building pair sells for $31.1M Colliers International Group has arranged the sale of Florham Park Corporate Center, a set of twin