Deals & Dealmakers
ON THE SCENE: Angel tapped to sell CT synagogue, Focus’ first purchase a Brooklyn Baptist church
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AGENTS  Ariel Property Advisors has been exclusively retained to sell 1485 Fulton Street, a fully renovated mixed-use building in Bedford-Stuyvesant.
Residential
Mdrn, Stoop raise $1M, plan further expansion
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New York City-based Stoop, a flexible living platform and Mdrn., a residential platform for sales and leasing, have just finished raising over $1 million.
Construction & Design
Savanna launches $35M Falchi Building makeover
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Savanna has launched a $35 million capital improvement plan at the Falchi Building, a five-story 711,194 s/f office and retail building in the Factory
Construction & Design
Olayan gets landmark approval for 550 Madison makeover
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The New York City Landmarks Preservation Commission (LPC) today (Tuesday) approved new design for 550 Madison, the landmark former Sony Building in East Midtown.
REBNY Watch
Mayor’s DOB reforms are a wise investment for NYC
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Mayor de Blasio recently announced a major budget increase and sweeping reforms for the NYC Department of Buildings (DOB) that will allow for a number
Deals & Dealmakers
City approves increases of up to four percent for rent-stabilized tenants
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By Sabina Mollot At a raucous meeting at Cooper Union in Manhattan, the Rent Guidelines Board, in a preliminary vote, approved a rent increase of one to
Deals & Dealmakers
ON THE SCENE: Avison Young tapped for 75-acre site in Albany; Bestreich closes on $3M Park Slope property
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AGENTS The New York Tri-State Investment Sales group for Avison Young announced the following exclusive assignments: • The sale of Kenwood Commons, a 75-acre
Deals & Dealmakers
ON THE SCENE: Ariel to sell 2 MIH properties, Focus Property Group buys Brooklyn church
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AGENTS  DANIEL TROPP Ariel Property Advisors has been exclusively retained to sell 173-175 McGuinness Boulevard, a development site in the Brooklyn neighborhood of Greenpoint.
Construction & Design
Long Island City company pitches mixed-use district along Hunters Point inlet
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Plaxall, a Long Island City-based plastics manufacturer and real estate company, has proposed a special zoning district that would allow it to turn nearly
Residential
Renters head to the beach as summer apartment vacancy rises
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It may be the busiest time of the year in the New York City rental market, but according to the latest market reports, renters have the upper hand.
Residential
New Development: Full-floor lofts released at 1010 Park, sales launch at 21 Powers
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● EXTELL DEVELOPMENT COMPANY Full floor lofts released at 1010 Park Extell Development Company has debuted 1010 Park Avenue, its Upper East Side boutique
Residential
Done Deals: Once in a lifetime
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In real estate, sometimes an opportunity comes along once in a lifetime. That was the case for Citi Habitats agent John Farrell, who recently sold 271