Featured
Is Brooklyn’s bubble bursting?
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Prices have fallen across all unit types except for co-ops. The housing reports are in, and the challenging market in Brooklyn has continued along a trend
Construction & Design
JEMB tops out new Brooklyn office tower
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JEMB Realty development team Morris Jerome, Louis Jerome, Morris Bailey, Joseph Jerome, Jacob Jerome JEMB Realty Corporation (JEMB) has topped out 1 Willoughby
Construction & Design
Moelis named ULI Visionary
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Urban Land Institute New York (ULI NY) announced that Ron Moelis, CEO and Co-Founder of L+M Development Partners, will receive its Visionary Leadership
Deals & Dealmakers
Pfizer signs 800,000 s/f lease for Tishman Speyer Spiral
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Pharmaceutical giant Pfizer has leased 800,000 s/f for its new HQ at The Spiral, Tishman Speyer’s forthcoming Hudson Yards skyscraper. Tishman Speyer president
Construction & Design
Chinese developer tops out tallest apartment building in NJ
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China Overseas America has topped out 99 Hudson at a record 900 ft. The new 79-story luxury condominium will have a total of 781 apartments when it opens
Debt & Equity
Tishman closes on $380M construction loan in Brooklyn
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Tishman Speyer closed on a $380.6 million loan to finance the construction of 11 Hoyt, a 480-unit luxury condo building in Downtown Brooklyn.
Construction & Design
AB Capstone taps Hollister for new Bronx design-build
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Hollister has been retained as design/builder by AB Capstone to execute the delivery of a 10-story building located at 425 Westchester Avenue in the Bronx.
Deals & Dealmakers
Bangladeshi investor pushes Jackson Heights pricing to new peak
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A single-story commercial building in Jackson Heights sold for $16 million last week, setting a new price-per-square foot record for the neighborhood and
Deals & Dealmakers
ASB leverages luxury Virginia asset for $105M loan
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ASB Real Estate Investments has refinanced two properties it bought for $220 million in 2013. Prudential Mortgage Capital Co. provided the $105 million
Deals & Dealmakers
Food and beverage firms sign leases at Brooklyn Navy Yard’s Building 77
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Six local food and beverage businesses will join anchor tenants Brooklyn Brewery and Russ & Daughters at the Brooklyn Navy Yard’s new food manufacturing hub.
Featured
The family ties that keep business rolling
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Out of 300 licensed sales agents and staff members at Town, about 18 are part of family teams By Liana Grey When Lee Schweninger was in elementary school
REBNY Watch
How will NYC rise to meet our affordable housing needs?
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By John Banks, president, REBNY It’s been said that those who cannot remember the past are condemned to repeat it. There’s a new exhibit at