Deals & Dealmakers
Build it and they will come; Free shuttle service will carry workers to Brooklyn Navy Yard
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Getting to the Brooklyn Navy Yard – which is home to 7,000 jobs today and a projected 16,000 jobs by 2020 – will soon become much easier with the addition
Debt & Equity
CMC closes on $16M construction loan for 55-plus community
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Mark Scott’s Commercial Mortgage Capital (CMC) closed a $16.5 million new construction loan with CNOB for The Woods East Windsor, located at 24 Lanning
Residential
Hell’s kitchen heating up again with 540 West
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540 West rendering By Holly Dutton Hell’s Kitchen is getting even hotter, with the addition of luxury condo building 540 West. Stephen McArdle of Halstead
Deals & Dealmakers
Morgan Properties acquires apartment and retail portfolio for $509M
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Morgan Properties, one of the nation’s largest a investment and management companies, has acquired the Mark Center portfolio in Alexandria, Virginia for
Deals & Dealmakers
Landlords sue to overturn New York City rent freeze
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The city’s biggest landlord organization is looking to build a winning streak in the courts as it sues the Rent Guidelines Board over its decision to enact a rent freeze.
Deals & Dealmakers
Gap takes 80,000 s/f at 111 West 33rd Street
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Empire State Realty Trust  announced thatGap Inc. has leased two full floors totaling 80,900 sq. ft. at 111 West 33rd Street, home of ESRT’s corporate headquarters.
Deals & Dealmakers
Chinese investors still hungry for US real estate
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The U.S. real estate market has become a favorite destination for Chinese outbound capital in recent years, reaching an estimated $10 billion, with approximately $4.
Deals & Dealmakers
Peloton to open 35,000 s/f broadcasting flagship at Brookfield’s Manhattan West
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Spinning phenom Peloton  announced today that it will build a 35,000 s/f, state-of-the-art flagship location, called “Peloton Studios,” at Brookfield’s
Debt & Equity
Moinian Group closes $103M construction loan deal on 572 11th Avenue
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The Moinian Group has closed on a $103 million construction loan for its new West Side apartment tower at 572 11th Avenue. Greystone Bassuk negotiated
Lawsuits
Rent expert warns court ruling could spell disaster for multifamily owners
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Rent regulation specialist Matthew Brett offered an update on the controversial legal battle that could result in the re-regulation of more than 100,000
Residential
HAVE YOU HEARD? Bohemia adds CrossFit for broker health; Rutenberg, AMB team up for kids
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Bohemia Realty Group is adding free CrossFit workouts to the firmʼs programs designed to encourage mind and body wellness. Three times per week, staff
Deals & Dealmakers
Avison Young stays on board commuter hotspot
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Sean Cahill, Principal and Managing Director of Avison Young’s Fairfield/Westchester office, announced his team has been retained as the exclusive leasing