Deals & Dealmakers
Another high-level departure at Colliers as Brennan exits for CBRE
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In another high-level departure at Colliers in New York, COO Kim Brennan (pictured top) has left the firm for CBRE. Brennan’s exit comes just days after
Featured
No room for ivory towers in Arik Lifshitz portfolio
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Thanks to strong demand and an eager investor class, there’s been plenty of money swirling around New York’s housing market in recent years.
Deals & Dealmakers
$1B Javits expansion gets green light as Cuomo seeks design proposals
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The planned $1 billion expansion of the Jacob Javits Convention Center in Manhattan is scheduled to begin construction by the end of the year, Governor
Deals & Dealmakers
Google amps up city’s tech space race
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With Google’s recently announced $1 billion Manhattan expansion, the tech giants’ race for a greater New York presence is in full-swing and shaping up
Deals & Dealmakers
Blackstone ‘experiment’ to reconfigure Stuy Town apartments draws ire of tenants
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By Sabina Mollot Blackstone has embarked on an “experiment” with 115 vacant apartments in Stuyvesant Town and Peter Cooper Village. The owner of the 11,000-unit
Residential
Adam Contos takes RE/MAX reins as part of Liniger succession plan
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RE/MAX Holdings, one of the world’s leading franchisors of real estate brokerage services, announced that co-founder David Liniger has completed the transition
Debt & Equity
Avison Young delivers refi package from syndicate of credit unions
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Avison Young’s New Jersey Office arranged a $21.1 million loan to refinance a 114,200 s/f Class A multi-tenant industrial/flex building at 75 Commerce
Debt & Equity
Walker & Dunlop’s Section 8 finance deal is totally RAD
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Walker & Dunlop, Inc. (NYSE: WD) announced today it closed a $7,669,000 loan for Glen Oak Towers, a federally subsidized high rise, catering to senior
Retail
BarBacon set to sizzle with second NY location in East Village
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BarBacon, the Hell’s Kitchen eatery featuring a menu centered around artisanal bacon, plans to open a second location at 127 Fourth Avenue in the East Village.
Construction & Design
Silverstein, Taconic unveil pre-built wet lab at Hudson Research Center
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Silverstein Properties and Taconic Investment Partners, joint venture owners of 619 West 54th Street, have unveiled the first pre-built wet lab to hit
Retail
Powerbrokers go head-to-head for annual Deal of the Year
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New York City’s top retail transactions of 2015 are racing head-to-head to win the Real Estate Board of New York’s (REBNY) Retail Deal of the Year competition.
Retail
Cabo Wabo to open in old Theater District Wahlburger space
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Thor Equities has leased its 8,300 s/f retail property at 725 Eighth Avenue in the Theater District to Cabo Wabo Cantina. The five-level building (rendering