Construction & Design
Report: New York City sees five-year surge in institutional construction
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New York’s institutional sector has been on a five-year building tear. Schools, hospitals, cultural centers and houses of worship broke ground on $20 billion
Deals & Dealmakers
Delinquincy Rate A Sign of What’s Ahead in 2012
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By Al Barbarino The commercial mortgage-backed delinquency rate increased seven basis points to 9.58 percent in December 2011 – and there’s more to come
Construction & Design
Penn Station Access project to add four new stations on Bronx Metro-North line
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The Bronx and Manhattan will get a little closer after a plan to connect the two boroughs via Penn Station was approved by transit authorities last week.
Deals & Dealmakers
Uber gearing up for 3 WTC deal?
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Silverstein Properties is negotiating a 300,000 s/f lease with car service giant Uber for 3 World Trade Center. In a report first published by Crains New
Deals & Dealmakers
Regal to operate new Tangram cinema
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F&T Group and SCG America announced that American cinematic powerhouse Regal – operator of the second-largest theatre circuit in the United States
Retail
City offers $1.8M to longtime businesses to help survive
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The city’s Department of Small Business Services offered $1.8 million to help longstanding businesses adapt and grow in a modern economy.
Deals & Dealmakers
Resnick spending $65M to improve 315 Hudson Street
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Jack Resnick & Sons announced that it will be investing over $65 million in a building-wide capital improvement program for 315 Hudson Street.
Deals & Dealmakers
Triple Five secures $1.67B construction loan for American Dream mall
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Days after securing a $1.67 billion loan to finish the American Dream mall in Secaucus, Triple Five chief operating officer Paul Ghermezian said the massive
Deals & Dealmakers
Barclays taps CBRE to sell 475 Fifth Avenue
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475 Fifth Avenue, PropertyShark By Daniel Geiger Barclays has hired a team from CB Richard Ellis to sell 475 Fifth Avenue, according to sources.
Featured
PICTURES: Inside RECon2017
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LAS VEGAS: Fresh off closing a $1.67 billion construction loan for the American Dream mega-mall in Secaucus, Triple Five’s Paul Ghermezian was upbeat
Residential
Focused approach sets Regan apart in real estate biz
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Maggie Regan was a waitress in Williamsburg when the opportunity to dive into the world of real estate was served to her on a plate. David Walker, one
Residential
100 Norfolk Street unit rides ‘very special layout’ to $2,667 psf sale
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Adam America Real Estate, The Naveh Shuster Group and The Horizon Group have announced that their luxury development at 100 Norfolk Street has sold its