Deals & Dealmakers
TRANSACTIONS: GCP arranges $42M loan in Hempstead, Meridian secures $11.5M mortgage at West 25th
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GCP Capital Group arranged mortgage financing in the aggregate amount of $61,400,000 for the following properties: $42,000,000 for a 14-building two-story
Construction & Design
Levine tops out final waterfront tower
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Jeffrey Levine, chairman of Douglaston Development announced the topping out of 2 North 6th Place, Brooklyn’s newest mixed-use waterfront development.
Deals & Dealmakers
Investors do day at beach
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Jeffrey Shalom By Holly Dutton A $124 million portfolio of rent-stabilized apartment buildings has Brooklyn multi-family investors excited.
Residential
DONE DEALS: New price record at Circa Central Park
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TOWN Residential has set a new South Harlem record. Shlomi Reuveniʼs new development team just sold the penthouse at Circa Central Park for $7.
Deals & Dealmakers
Flex coworking company signs its fourth lease this month
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Flexible coworking space company Spaces is continuing its leasing spree with its latest 61,000 s/f lease at 175 Pearl Street. The Amsterdam-based company
Featured
Red tape and runaway rent eating away at restaurant biz
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Fast casual, fine dining, home-style, Ethiopian, Japanese, take-out, all-you-can-eat, Michelin-starred, vegetarian, barbecue, disco-themed: restaurants
Deals & Dealmakers
Knotel closes on $60M funding round
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Knotel, a provider of agile workspaces, has closed a $60 million round of funding led by Norwest Venture Partners. As part of the transaction, Norwest
Featured
All grown up, Las Vegas is starting to build a new image
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Descending into McCarran International Airport, New York’s real estate delegation will be welcomed by a familiar sight as it arrives in Las Vegas for RECon
Deals & Dealmakers
Retail REIT targeting New York market
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By Konrad Putzier After two years of downsizing, Cedar Realty Trust is back among the buyers. And the shopping-center REIT has big plans in Greater New York.
Residential
HAVE YOU HEARD? Halstead agents join coat drive; Ellis Sotheby’s helps Haiti hurricane victims
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Halstead Helping Hands, the philanthropic arm of Halstead, collected some 3,500 coats throughout its tri-state offices in collaboration with the New York
Residential
National home sales numbers head south
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US home-sale prices increased 3.3 percent year over year to a median of $298,800 in November, according to Redfin, the online brokerage.
Residential
WHO’S NEWS IN RESIDENTIAL: James Weichert Jr. takes reins at family firm; Halstead hires Park Avenue sales director
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Moses Seuramtook the oath of as the 2017 secretary/treasurer of the New York State Association of Realtors (NYSAR). A Realtor for more than 15 years, Seuram