Residential
DONE DEALS: Roundup of the week’s residential sales
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Rutenberg’s Jason Lee just closed on a full floor four bedroom apartment at 60 East 86th Street (pictured top) for a local family looking for a modern home.
Deals & Dealmakers
Parker New York hotel trades for $420M
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Hedge fund Elliott Management Corporation has partnered with GFI Capital Resources Group to buy The Parker New York hotel overlooking Central Park on the
Construction & Design
New tariffs expected to push construction costs further
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Prices for goods and services used in construction costs climbed 6.2 percent over the past year, intensifying a cost squeeze on contractors grappling with
Green Building
GHP installs one of largest energy storage systems in New York
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GHP Office Realty, a division of Houlihan-Parnes Realtors, has completed the installation of a massive battery energy storage at their headquarters at
Featured
Top NYC condo gyms that are earning developers some sweat equity
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In New York City luxury apartments, fitness remains an attractive add-on In spite of a growing number of luxury residential developers offering over-the-top
Retail
RETAIL ROUND-UP: Biscuits & Bath, PetSmart, Eggloo to open new locations
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● WINICK REALTY GROUP Schuss takes the lead in doggie deal Biscuits & Bath, a full-service dog care business with 11 locations throughout Manhattan
Deals & Dealmakers
BH Properties scores $252.8M loan for three Manhattan hotels
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Los Angeles firm BH Properties has secured $252.8 million in financing for three ground leased hotels in Manhattan. The deal was announced by New York
Featured
Brazilian economist Arminio Fraga buys condo at 147 Waverly Place for $7.5 million
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147 Waverly Place, Unit #9 By Roland Li Brazil is considered one of the premier emerging markets, with robust quarterly growth and a vibrant, young population.
Construction & Design
Apprentice program offers a path to the middle class
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By Gary LaBarbera, president, Building and Construction Trades Council It was not long ago that our nation’s economic outlook was bleak.
Debt & Equity
TRANSACTIONS; Cronheim arranges $15M in hotel acquisition loans; Emerald Creek bridges in Park Slope
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Cronheim Hotel Capital (CHC) announced the following transactions: • Acquisition financing of $9,240,000 for the Holiday Inn Express in downtown Baltimore, MD.
Residential
HAVE YOU HEARD? Legendary Italian restaurant goes to market
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New York dining landmark II Vagabondo has come on the market along with the four-bedroom, 2,700 s/f luxury duplex townhouse that sits over the restaurant.
Deals & Dealmakers
ON THE SCENE: Avison Young announces tri-state investment sales group, sale of $3.2 million Putnam development site
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AGENTS Avison Young announced its Tri-State Investment Sales Group has been named the exclusive agent for the sale of 116 Elizabeth Street and 132 Bowery, two