Featured
JLL Spark makes first acquisition as industry gets serious about technology
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JLL Spark, the tech division of the global real estate services company, has made its first acquisition as the traditionally staid sector  steps up its
Deals & Dealmakers
Accusations of mob tactics muddy fight over money
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By Sarah Trefethen The controversy surrounding former employees of Tevfik Arif’s Bayrock Group is part spy novel, part courtroom procedural, part financial drama.
Technology
SIOR creates crowd-sourced review site for PropTech
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The Society of Industrial and Office Realtors (SIOR) has launched the SIOR CRE Resource Center, a first of its kind platform for researching and reviewing
Deals & Dealmakers
Multifamily insiders predict major correction as reforms take effect
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Shimon Shkury, Rick Gropper, Mark Stagg, Radame Perez, and Jason Gold Panelists at Ariel Property Advisors’ “Bronx State of Mind” forum lamented
Retail
Boris & Horton pet cafe is a big treat for East Village dog lovers
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Dog-friendly café Boris & Horton has opened its doors at 195 Avenue A on the corner of 12th Street in downtown Manhattan. The upscale café features
Featured
Chuck Schumer, Richard LeFrak named among annual REBNY honorees; Rob Speyer is Distinguished NYer
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The Real Estate Board of New York (REBNY) announced the leaders who will be presented with top honors for their outstanding professional success and exceptional
Deals & Dealmakers
Welltower and Hines pay $61M for senior living development site
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Welltower Inc. with joint venture partner, Hines, have closed on a $61 million purchase of an Upper West Side property and plan to build a 17-story senior
Deals & Dealmakers
Neighborhood Housing renews lease on West 36th
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GFP Real Estate (GFP) announced that Neighborhood Housing signed a 10-year, 12,000 s/f lease renewal at 307 West 36th Street. The 220,000 s/f pre-war property
Residential
RE/MAX joins rush to Queens
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RE/MAX has planted another flag in Queens as the borough adjusts to its new status as the home of Amazon HQ2. Broker/Owner William Levin has opened RE/MAX
Deals & Dealmakers
Clarion pays $282M for Bryant Park office tower
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Clarion Partners has purchased 114 West 41st Street in Bryant Park for $282 million. Newmark Knight Frank (NKF) announced it brokered the sale on behalf
Deals & Dealmakers
UFC gym punching its weight in Riverdale
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Cushman & Wakefield’s New Jersey retail team has inked a 15,000 s/f lease with expanding global fitness franchise UFC GYM at Riverdale Square, a 72,000
Residential
Cold front keeps its grip on sales market
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By Frederick W. Peters,founder and CEOWarburg Realty During the first quarter of 2018, our New York real estate market has both soared and stalled.