Deals & Dealmakers
Another Batsu theater coming to St. Marks Place
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Raw fish and raw comedy are both coming to the East Village. Wara, a Japanese izakaya restaurant and dinner theater, will open in April 2019 at 67 First Avenue.
Debt & Equity
McSam gets custom deal on mezz loan for West Side hotel
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Pembrook Capital Management LLC, a commercial real estate investment manager, has closed on a $25.8 million mezzanine loan with a first mortgage conversion
Views
Seven deadly pitfalls when buying NYC multifamily
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By Eric Rubenstein and Matthew Zangwill, Ruskin Moscou Faltischek PC Multi-family continues to be a hot sector in New York City real estate seemingly capable
Deals & Dealmakers
Housing czar turns to real estate biz to help rebuild NYCHA
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VICKI BEEN Deputy Mayor for Housing and Economic Development Vicki Been is asking for the real estate industry’s help to bring NYCHA housing out of its
Deals & Dealmakers
Landlords warn warehousing could be the new normal
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Landlords are warning warehousing apartments could become the new normal. The news comes as the city confirmed it is investigating reports that Stuyvesant
Deals & Dealmakers
ConEd marks megawatt milestone in solar energy
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Con Edison is marking a 250-megawatt (MW) milestone in solar energy production thanks to more than 26,000 New York City and Westchester County homeowners
Deals & Dealmakers
ON THE SCENE: Cushman & Wakefield retained to market 307 City Island Avenue
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AGENTS Alpha Realty’s principal, Lev Mavashev, along with associates Yehuda Leser and Shai Egison, have been retained as the exclusive
Deals & Dealmakers
REBNY announces industry leaders to be honored at 124th Annual Banquet
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The Real Estate Board of New York (REBNY) today announced the distinguished real estate professionals who will be presented with the industry’s top honors
Leases
All Greek to Breslin rookie as fast casual restaurant chain inks two deals
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Breslin Realty announced that Justin Breslin has brokered two long-term leases with Greek Xpress. Greek Xpress will occupy 1,738 square feet in the Woodbury
Deals & Dealmakers
SELLING POINTS: Newmark Knight Frank retained to sell 45 Beekman Street
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● DEVELOPMENT SITE ADVISORS $22M price tag on jumbo development site Development Site Advisors has been exclusively retained by ownership to sell 400 West
Featured
Blackstone backs down on warehousing
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By Maria Rocha-Buschel One of the city’s biggest landlords has backed down on a plan to warehouse apartments impacted by new rent regulations.
Construction & Design
LEED-certified homes are at an all-time high
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A new report reveals that green, LEED-certified homes have grown 19 percent since 2017. The U.S. Green Building Council (USGBC), has released a new report