Residential
WHO’S NEWS: Douglass Elliman adds two, Terra hires development veteran
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Terra Development Marketing, the parent company of Halstead Property Development Marketing (HPDM) and Brown Harris Stevens Development Marketing (BHSDM)
Deals & Dealmakers
Stringer: NYC’S low wage job gains not enough to grow economy
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Strong gains in private-sector payroll jobs helped New York City’s economy grow by an estimated 3.4 percent during the first quarter of 2016, significantly
Featured
Florida’s hot again
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New Yorkers back to buying in the Sunshine State Developments such as 1000 Ocean are back in vogue with Manhattanites looking for a second home.
Deals & Dealmakers
Gotham launches hospitality, asset management divisions
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Gotham, the New York real estate developer, has launched two new business divisions. Gotham Properties is a a new property and asset management division
Construction & Design
State awards contracts for new energy-efficent retrofit solutions
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The New York State Energy Research and Development Authority (NYSERDA) has awarded six design contracts for scalable energy-efficient retrofit solutions
Featured
Foreign homebuyers’ retreat from U.S. properties may only be temporary
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With the one-two punch provided by the strong dollar and the volatility in financial markets, the United States’ appeal to foreign homebuyers was expected to wane.
Deals & Dealmakers
Selling Points: Brooksville, Rockpoint partner up in Princeton, Fruchthandler nabs Bronx buildings
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● HFF Brooksville, Rockpoint partner on Princeton buy A joint venture between Boston-based Rockpoint Group and Andrew MacArthur’s Brooksville Company
Deals & Dealmakers
Mizuho Americas triples office space at Rockefeller tower
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Rockefeller Group announced that it has reached an agreement with Mizuho Americas for an expansion of approximately 270,000 square feet in 1271 Avenue
Featured
Attorney Sonia Bain finding rich rewards in practice of real estate law
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An injured ankle is what led commercial real estate attorney Sonia Bain, a partner at the firm Bryan Cave, to the field of law. The daughter of two doctors
Deals & Dealmakers
Nelson brings sharing economy to brokerage and finds a better way to do business
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When James Nelson graduated from Colgate University, he he had no real estate experience and knew nothing of the industry. But Paul Massey, the then-CEO
Retail
Kimco Realty starts work on $186M Staten Island shopping center
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Kimco Realty Corp. has commenced construction on The Boulevard, the company’s $186 million redevelopment of the former Hylan Plaza shopping center on Staten
Residential
DONE DEALS: Roundup of the week in residential sales
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The first penthouse at Essex Crossing has gone to contract. The massive mixed-use development of residential, office, retail, cultural and community space