Construction & Design
Lobbying for change; When it comes to your building’s front door, there are challenges to making old new again
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By David V. Griffin From the marble halls of the Chrysler and Empire State Buildings to the sleek Mid-Century spaces of the Seagram Building to the eye-catching
Deals & Dealmakers
Blackstone acquires stake in Indian IT firm Mphasis Limited
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Blackstone announced that private equity funds managed by Blackstone have entered into an agreement with Hewlett Packard Enterprise to buy a majority stake
Retail
Danny Meyer restaurant to anchor Manhattan West dining
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Danny Meyer’s Union Square Hospitality Group and Brookfield Properties announced the New York restaurant and hospitality leader will create a new restaurant
Debt & Equity
Square Mile refinances Ohio mixed-use project with $171M loan
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Square Mile Capital Management announced the $171.5 million refinancing of Pinecrest, a 750,000 s/f mixed-use lifestyle project in the Cleveland suburb
Views
Looking ahead: EB-5 program reform
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By Robert S. Rausch, Uriel A. Mendieta and Rail Seoane of Hunton & Williams LLP The Immigrant Investor Program, more commonly referred to as the EB-5
Deals & Dealmakers
Thor targets TAMI tenants with new office property on Red Hook waterfront
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Thor Equities announced it will build a new office development on the Red Hook waterfront aimed at the burgeoning local creative and technology sectors.
Deals & Dealmakers
Silverstein shares secrets of success at 7th annual REW Womenʼs Forum
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Work hard, know your stuff and be confident; that was Wendy Silverstein’s advice to the crowd at the seventh-annual Real Estate Weekly Women’s Forum.
Deals & Dealmakers
Nasdaq signs lease for 35,000/sf expansion
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MICHAEL IPPOLITO The Durst Organization announced that Nasdaq, Inc. signed a 15-year lease for 32,512 s/f on the 28th floor of One Five One West 42nd Street.
Deals & Dealmakers
Report: Home prices increased by 6.8 percent in October
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The “healthy trend” of rising home prices is expected to slow next year to meet income trends. Photo by Kristina Hoeppner/ Flickr Property
Debt & Equity
NorthMarq Capital arranges refinance for Walgreens stores
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NorthMarq Capital announced a $15.4 million refinance package on three stores leased to Walgreens, the pharmacy giant branded under the phrase “on the
Deals & Dealmakers
British firm AlphaSights moving to RFR’s 350 Madison Avenue
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RFR Realty has drawn another international business to its newly renovated Grand Central Tower, 350 Madison Avenue. London-based AlphaSights, Inc.
Deals & Dealmakers
Leases: Kalmon Dolgin arranges 41 Gardner Ave. lease, Egan Design staying at 210 11th Ave.
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New York Kalmon Dolgin Affiliates, Inc. (KDA) has arranged a 3,700 s/f lease for the Brooklyn showroom of Maxx LLC at 41 Gardner Avenue in the East Williamsburg