Residential
Magnum drawing buyers to Yorkville with luxury for less
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Developer Magnum Real Estate Group, headed by Ben Shaoul, is finishing up one of its latest projects in Manhattan, a conversion on the Upper East Side
Deals & Dealmakers
LEASES: MJ Orbach and Kaufman Org. lease 21K s/f at 27W24, Communications firm takes 26K s/f in New Jersey
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NEW YORK MJ Orbach Associates and The Kaufman Organization announced that they have signed approximately 21,000 s/f of leases at 27 West 24th Street (27W24).
Photo Gallery
IN PICTURES: William Raveis’ summer seminar
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Real estate agents from William Raveis Real Estate, Mortgage and Insurance’s New York City office, along with those based in Westchester and Fairfield
Deals & Dealmakers
Sharestates founder has a rags-to-riches story that’s a real crowdpleaser
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ALLEN SHAYANFEKR Allen Shayanfekr has it easy nowadays. A co-founder of real estate crowdfunding platform Sharestates, Shayanfekr spent most of his life
Construction & Design
American Dream mall a costly nightmare
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American Dream Mall developer Triple Five is working to secure a $2.65 billion financing package to finish the beleaguered project. The deal would make
Deals & Dealmakers
Middle East investment in CRE at nearly $10B for first half of the year
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Middle East investment in global commercial real estate reached nearly $10 billion in the first half of 2016, according to the latest research from CBRE Group, Inc.
Deals & Dealmakers
Gebroe-Hammer arranges sale of $12M East Orange multifamily portfolio
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In one of Northern New Jersey’s most rapidly transforming urban transit hubs, Gebroe-Hammer Associates has arranged the $12 million sale of a four-building
Deals & Dealmakers
Midtown office towers may be up for sale as New York REIT faces liquidation
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Midtown office properties such as 333 West 34th Street and 1440 Broadway may be up for sale as New York REIT announced its plan to offload assets as it
Deals & Dealmakers
Colliers acquires Long Island company
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Colliers International Group Inc. has acquired Colliers International Long Island based in Lake Success, NY. Terms of the transaction were not disclosed
Construction & Design
Tight construction labor market pushing up worker salaries
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Construction firms added 14,000 workers in July and construction industry pay rose at the fastest rate in seven years as contractors bid to attract workers
Deals & Dealmakers
Around Town: L&L launches art exhibition series at 200 Fifth Avenue
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L&L Holding Company announced the creation of an art exhibition series in the lobby of 200 Fifth Avenue. Sculptor John Newman is the inaugural featured
Debt & Equity
Meridian arranges $14M refinance on Prince Street property
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Meridian Capital Group arranged $14.4 million in permanent financing for the refinance of a mixed-use property in SoHo. 156 Prince The five-year loan