Debt & Equity
A decade on, investors continue to fight over Stuy Town billions
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A decade after the cityʼs most infamous apartment deal collapsed, investors are still fighting over the money lost and won in Stuyvesant Town.
Deals & Dealmakers
SELLING POINTS: Turnbridge Equities pays $56M for Bronx site; TEI buys mixed-use CT portfolio
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● TURNBRIDGE EQUITIES Investor places $56M bet on last-mile market Turnbridge Equities has expanded its last mile industrial portfolio in New York City
Deals & Dealmakers
German firm Allianz buys 43% stake in Midtown tower valued at $1.95B
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Allianz Real Estate, a subsidiary of German asset manager Allianz Group, has acquired a 43 percent stake in Midtown office tower 1515 Broadway.
Deals & Dealmakers
ON THE SCENE: Avison Young marketing LES opportunity zone
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AGENTS The Tri-State Investment Sales group for Avison Young announced the following exclusive assignments: A newly-developed, 7-story, 9,432 s/f elevator
Residential
Brooklyn Rising: The innovative residential projects taking shape in the borough
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Despite an underwriting environment that has tightened significantly, large-scale, inventive residential projects are still rising in Brooklyn, where developers
Deals & Dealmakers
SL Green sells 521 Fifth to Savanna for $381M
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A joint venture between SL Green Realty Corp. and an institutional investment partner, entered into an agreement today to sell 521 Fifth Avenue to Savanna
Debt & Equity
Aurora Capital lands $105M loan for planned Restoration Hardware flagship
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Aurora Capital Associates has secured a $105 million loan for the planned Restoration Hardware flagship in the Meatpacking District, according to city records.
Deals & Dealmakers
Done Deals: Textbook trade for Lewis
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Compass agent Brian Lewis just closed on a textbook deal.  Smart staging and ‟spot on” pricing helped him close on a Park Slope condo nearly $60,000 over
ICSC RECon
RECon 2017 may be over, but retail is not
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By David Birnbrey, Chairman and CEO of The Shopping Center Group   Earlier this  week the industry gathered for the annual International Council of
Deals & Dealmakers
ASB sells 400 Madison to Korean bank for $194M
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ASB Real Estate Investments has sold 400 Madison Avenue to a Korean financial services firm for $194.5 million dollars. Daishin Securities, an investment
Deals & Dealmakers
Quadrum Global files plans for 353-key hotel at 351 West 38th Street
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Quadrum Global is looking to build a shorter hotel tower at 351 West 38th Street in the Garment District. Two years ago, the company announced that it
Deals & Dealmakers
SELLING POINTS: Gaia makes $52M condo buy; Hakimian fund buys Queens development site
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● GAIA REAL ESTATE GAIA continues buying in bulk GAIA Real Estate has acquired 90 condo units in a bulk sale for $52.5 million from the original sponsor