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Conforming the 421-a and MIH Programs
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By James P. Power, Partner, and Patrick Sullivan, Special Counsel for Kramer Levin Many of our clients have asked us how they can avail themselves of the
Debt & Equity
Developer Chris Xu secures $44M loan for Jamaica, Queens Marriott hotel
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Developer Chris Xu has scored a $44 million loan for a planned 338-key Marriott hotel near LaGuardia Airport. The mortgage is a non-recourse acquisition
Featured
NoMad is getting a Whole Foods
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Whole Foods is coming to NoMad, where the supermarket will be taking 60,000 s/f of space at 63 Madison Avenue (also known as 28 East 28th Street.
Deals & Dealmakers
NKF launches private client group as part of national expansion
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Newmark Knight Frank (NKF) has launched a new Private Client Group led by Eastern Consolidated alumni Brian Ezratty and Ron Solarz. Ezratty will serve
Construction & Design
Drug abuse treatment center building 180 units of housing in Brooklyn
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START Treatment & Recovery Centers, a substance abuse treatment nonprofit, Delshah Capital and OTL Enterprises have launched the first phase of
Deals & Dealmakers
Research hub adds new biotech tenant
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Taconic Investment Partners and Silverstein Properties, joint venture owners of The Hudson Research Center at 619 West 54th Street, have signed a lease
Residential
Long-stay stalwart enters the for-sale market
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AKA, best know for its long stay residences, has release the first of its for sale homes to the Manhattan market. Some 76 apartments at AKA Sutton Place
Debt & Equity
Carlton Group promotes Campbell to CEO
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The Carlton Group has named a new CEO following the death of its founder and long-time top executive Howard Michaels, earlier this year.
Construction & Design
Skeleton staff: hunt for ‘good bones’ in New York re-sale market
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It’s one of those phrases that get bandied about so often they become lost in the limbo between cliché and platitude. “It has great bones” can be a stand-in
Featured
Chris Ward wants to make Red Hook a model for urban redevelopment
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Inside a New York University building within the MetroTech complex of Downtown Brooklyn last week, Chris Ward of engineering, design and construction firm
Deals & Dealmakers
Co-working co. Industrious opens two mall locations
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Flexible workspace provider Industrious has announced two new mall locations: The Mall at Short Hills in Short Hills, NJ with Taubman and Broadway Plaza
Retail
Luxury Italian leather atelier opens at 1082 Madison
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Italian leather goods atelier Jennifer Tattanelli is opening a new store at 1082 Madison to showcase its fall line of luxury goods. FAITH CONSOLO Faith