Deals & Dealmakers
Investment giant Kepos takes 20,000 s/f at 11 Times Sq.
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SJP Properties announced that investment adviser Kepos Capital LP has signed a lease to relocate its headquarters to 11 Times Square. The 1.
Featured
How home ownership is becoming an old man’s game
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Sarah Mikhitarian By Sarah Mikhitarian Since the housing bubble, older Americans have been more likely to hold onto — or purchase — homes relative to younger
Deals & Dealmakers
SELLING POINTS: Israeli investors sell Harlem portfolio for $34M; Kushner Group partners on development site deal
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●GFI REALTY SERVICE Israeli investors sell Harlem portfolio for $34M Midtown-based investment and management firm Rhodium Capital Advisors has paid $34.
Deals & Dealmakers
Duke Realty closes $2.8B sale of 72-building medical office package
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Industrial REIT Duke Realty has completed its $2.8 billion sale of 72 medical office buildings to Healthcare Trust of America as it ramps up its bulk-space strategy.
Construction & Design
Contractor gets up to 3 years in jail for hiring cooks, bellhops to pose as safety managers
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Building contractor Richard Marini has been jailed for faking construction safety inspections and New York City work sites. Photo by Stephen Rush/ Flickr
Deals & Dealmakers
Related signs another top chef for latest Hudson Yards restaurant
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Related announced that hospitality group rhubarb and chef Dan Doherty will partner to open the group’s first international restaurant at Hudson Yards.
Deals & Dealmakers
Speyside Equity leases penthouse at 145 E. 57th Street
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ABS Partners Real Estate announced that Speyside Equity has signed a lease for the entire 2,650 s/f penthouse at 145 East 57th Street. The 12-story, 64,000
Deals & Dealmakers
Sherwin Belkin balks at slew of new laws aimed at corralling rogue landlords
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By Sabina Mollot Housing expert Sherwin Belkin has criticized new legislation that cracks down on  landlord scofflaws  as a misguided move that paints
Deals & Dealmakers
Selling Points: Treetop’s $140M Queens acquisition, LIC site hits market at $65M
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Treetop Development $140M Queens portfolio for middle income renters Treetop Development announced the $138.8 million acquisition of an eight-building
Deals & Dealmakers
Hudson Yards Marriott hotel gets $199M in refinancing
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The Courtyard by Marriott Hudson Yards An affiliate of Mack Real Estate Credit Strategies (MRECS) provided a $199 million loan to refinance the Courtyard
Deals & Dealmakers
Downtown Brooklyn area to get $10 million worth of improvements
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By Sabina Mollot Brooklyn’s downtown area will be getting a $10 million boost through a state award program announced by Governor Andrew Cuomo last week.
Lawsuits
Man given 9-18 year sentence tried to evict rightful owner of Brooklyn home
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A Brooklyn man was given a prison sentence of 9 to 18 years after stealing three Brooklyn properties with fake deeds. Carl Smith, a 50-year old resident