Deals & Dealmakers
Kushner acquires $190M apartment community
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Kushner announced that it has acquired Quail Ridge, a 1,032-unit apartment community on 52 acres in Plainsboro, New Jersey, from Angelo, Gordon &
Deals & Dealmakers
Gilmartin brings Aussie money in for first ground-up project
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L&L MAG, the new real estate development firm launched earlier this year by MaryAnne Gilmartin with L&L Holding Company founders David Levinson
Debt & Equity
Mall re-boot could spell economic revival for Westbury, Nassau Hub
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Having invested some $92 million to purchase The Source mall property along Old Country Road, Westbury, Lesso Mall Development has announced a $25 million
Deals & Dealmakers
Selling points: NJ apartment portfolios sell for $29M, Time buys $26M multifamily asset
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Gebroe-Hammer Associates Two NJ apartment portfolios sell for $29M Gebroe-Hammer Associates’ Managing Director David Oropeza has spearheaded two separate
Construction & Design
City okays plan to turn parking garage into 280-unit housing development
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The city has approved a land-use proposal to build a 279-unit affordable housing development on a city-owned parking garage site in Manhattan Valley The
Deals & Dealmakers
Brewer opens new facility at new iPark
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Sloop Brewing Co. has opened The Factory, its new 25,000 s/f kitchen, tasting room, and brewery at 755 East Dr. in the East Fishkill iPark campus, formerly an IBM plant.
Retail
162-year-old luxury bedding brand signs new retail lease across from D&D Building
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Charles P. Rogers, which has been manufacturing beds, mattresses and bedding since it was founded in New York City in 1855, has signed a 10-year lease
Deals & Dealmakers
Gwynnie Bee joins 5 Penn Plaza roster
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CBRE announced that online clothing subscription service Gwynnie Bee will relocate to 28,977 s/f of office space across the entire fourth floor at Five Penn Plaza.
Deals & Dealmakers
Bustle, Romper sign full floor expansion at Columbia Property’s 315 PAS
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Digital media publisher BDG Media Inc. has expanded to take an additional floor at Columbia Property Trust’ 315 Park Avenue South. BDG Media, which is
Residential
Citi Habitats’ Jodi Stasse on her early start and ‘decompression services’
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Many real estate brokers come to the industry after a career in a different field, but for Citi Habitats’ Jodi Stasse, real estate was her first choice.
Deals & Dealmakers
Hotel giant HWE hires two more New York veterans for sales expansion
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Hodges Ward Elliott (HWE) has hired two more New York City industry veterans as it continues its push into the investment sales sector. Paul Gillen has
Debt & Equity
Activist investors keeping REITs on edge
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By Konrad Putzier Last week’s open letter by Marcato to the management of American Realty Capital Properties (ARCP) has rekindled a simmering debate over