Technology
$30M investment to aid Condeco expansion into US
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Global software company Condeco announced that it has raised $30 million to consolidate its position as a world leading provider of workplace management technology.
Residential
Unreal Estate
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Photo by Richard Lewin The Corcoran Group’s senior vice president, Wendy J. Sarasohn, hosted a book party at her Park Avenue home for New York Times best-selling
Office Market
LA law firm inks 80,000 s/f renewal at 7 Times Square, plans office upgrade
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Savills Studley announced that Los Angeles-based law firm Manatt Phelps & Phillips, LLP has renewed its New York City lease in Boston Properties’ Times Square Tower.
Deals & Dealmakers
TRANSACTIONS: Meridian Capital places $28,500,000 Brooklyn mortgage
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GCP Capital Group arranged mortgage financing in the aggregate amount of $18,350,000 for the following properties: • $8,200,000 combined financing
Construction & Design
Contractors put infrastructure at top of agenda
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America’s contractors want Democrats to use their new muscle to make America’s infrastructure great again. They have also called on the newly blue US House
Deals & Dealmakers
K&R buys Mount Vernon multifamily, plans major renovation of property
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K & R Preservation, a New York City-based affordable housing development firm owned and operated by its principals Francine Kellman and Brian Raddock
Deals & Dealmakers
On The Scene: Ariel lands three-story mixed-use in Bushwick, Houlihan-Parnes sells 445 W. 21st
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AGENTS Ariel Property Advisors announced the following exclusive assignments: 29 Locust Street is a three-story mixed-use Bushwick building on the west
REBNY Watch
Rental agents should seize their opportunity to be heard
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On Tuesday, June 11 at 10am at City Hall, we have a one-time only opportunity to tell our City Council not to pass legislation that would cap certain rental broker fees.
Deals & Dealmakers
ConEd offering electricity incentives as Westchester gas moratorium drags on
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Con Edison is offering to pay natural gas users in Westchester to switch to electricity as the area endures a moratorium on gas. The utility said it will
Deals & Dealmakers
Brokers deliver LIC site for new FedEx hub
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By Al Barbarino FedEx is rolling into Long Island City. FedEx is building140,000 s/f distribution center in Long Island City The package delivery behemoth’s
Deals & Dealmakers
Digital marketing giant joins retro-chic crowd at 100 Fifth
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Clarion Partners and The Kaufman Organization, the exclusive managing and leasing agent for Clarion Partners’ 100-104 Fifth Avenue, have signed a 23,000
Residential
SOLD! Roundup of the week in residential sales
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Ariel Tirosh, of Tirosh and Team at Douglas Elliman, recently closed the sale of model apartment unit 9B at 100 Norfolk (pictured top) for $2.