Deals & Dealmakers
WHO’S NEWS: Witkoff hires hotel specialist; Greystar bolsters rental housing platform
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Witkoff announced a strategic addition to its executive team with the hiring of lodging professional Scott Broder as Senior Vice President – Head of Hotel Investments.
Residential
DONE DEALS: Roundup of the week in residential sales
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JEFFREY FIELDS Rutenberg NYC’s Jeffrey Fields is enjoying a successful run after selling over $90 million worth of homes in just three weeks.
Deals & Dealmakers
Bloomfield Chi-Town mezz loan
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JASON JARJOSA Bloomfield Capital, a national direct lender and equity investor has announced the closing of a $9.5 million mezzanine loan in Chicago, IL
Deals & Dealmakers
NYC hotel market strong but potentially stunted
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The level of demand in the residential real estate market will tell you that New York is a place where people want to live. A look at the hotel market
Deals & Dealmakers
Clothing manufacturer gets turned on to Transit Triangle office building
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Adams & Co. Real Estate signed a new 11,525 s/f ten-year lease with Turn On Products, which operates as Younique Clothing, at 48 West 37th Street.
Featured
Home shopping … the old fashioned way
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By Konrad Putzier CORE’s Chelsea office is hard to overlook. Straddling the corner of Seventh Avenue and 18th Street, it sits behind floor-to-ceiling glass
Deals & Dealmakers
Hines sells office assets to Blackstone for $1.16B
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Hines Real Estate Investment Trust has completed the sale of seven West Coast office assets to a Blackstone affiliate for $1.162 billion.
Deals & Dealmakers
Twitter extends lease for Chelsea building
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Columbia Property Trust signed a five-year extension of its lease to Twitter for all of the office space at 249 West 17th Street, a boutique Class-A office
Deals & Dealmakers
Seven-story tower to replace Hurricane Sandy-damaged West Village building
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A seven-story apartment tower will soon replace a Hurricane Sandy-damaged building. SoHo-based firm Galahad Advisers has filed plans to build a 14,945
Views
Top 5 infrastructure projects NYC needs to focus on
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Donal Sullivan By Donal Sullivan, CEO, Navillus It’s no secret that many critical components of New York City’s transportation infrastructure are in need
Construction & Design
Work starts on new Brooklyn senior housing complex
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Construction has gotten underway on the new Cypress Senior Housing Residences in Brooklyn. The new development will be constructed at 137 Jamaica Avenue
REBNY Watch
Time to get serious on issue of housing all New Yorkers
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By REBNY President John Banks Most everyone agrees that one of the greatest challenges facing New York City is the dire need to create more housing, especially