Deals & Dealmakers
Blumenfeld to turn Vornado retail into Mount Sinai facility
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The Blumenfeld Development Group (BDG) has acquired 99-01 Queens Boulevard, a three story mixed-use building in Queens, and 1516 Motor Parkway, a single-story
Featured
Coldwell Banker reasserting itself with renewed national push
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The nation’s two largest Coldwell Banker Commercial affiliates have merged to establish a national platform and “revitalize” the brand.
Deals & Dealmakers
Boston Properties leases 300,000 s/f at 399 Park
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Boston Properties announced that it signed a long-term lease for more than 300,000 s/f with Millennium Management at its 399 Park Avenue property, located
Construction & Design
Architect Karl Fischer dead
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Architect Karl Fischer died peacefully at his home in Vermont on March 12, 2019 surrounded by family. The Hungarian born architect designed many of the
Hotels
Racanelli to construct $16M modern hotel in Ronkonkoma
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Racanelli Construction Company, has been named the construction manager for the construction of a new 124 extended stay Homewood Suites in Ronkonkoma, NY.
Deals & Dealmakers
Are owners gambling too much on millennials?
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Basketball courts and Foosball tables will come and go, but demanding tenants are here to stay. And knowing what they want in terms off office space has
Featured
City office workers go remote as Storm Stella strikes
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After New York City virtually shut down in preparation for storm Stella, the city ended up dodging the brunt of the blizzard. Schools, offices, businesses
Construction & Design
Fingers pointed in DOB bribery scandal
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By Dan Orlando Over 50 people have been arrested following a years-long investigation. As the city’s Department of Buildings announced a massive bribery
Views
Non-payment proceedings a need-to-know business
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By Martin Meltzer, partner, BBWG Often, clients ask us to start non-payment proceedings against tenants who reside in apartments subject to rent stabilization
Deals & Dealmakers
Selling Points: Canarsie CubeSmart sells for $53M, Israeli company buys in Midtown West
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● CBRE Summit, Grossman JV divest of turnaround star Four and a half years after purchasing the Lee Farm Corporate Park, a Class A office building on Interstate 84 for $16.
Construction & Design
$325M bond deal for science hub
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The Dormitory Authority of the State of New York (DASNY) has issued $325 million in bonds for the design, construction and renovation of science and health
Deals & Dealmakers
Steam blast has building owners in a stew
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The steam pipe explosion that blew a crater into the middle of Fifth Avenue in the Flatiron District and spewed asbestos onto nearby buildings, cars and