Deals & Dealmakers
Guggenheim Foundation signs direct lease
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90 Park Avenue The John Simon Guggenheim Memorial Foundation, which has sublet the entire 33rd floor of 90 Park Avenue for 50 years, has signed a direct
Headline
Lower Manhattan reborn as city remembers 9/11
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One World Trade Center By Jonathan Pappas As we mark the 13th anniversary of the 9/11 tragedy, Americans can take solace knowing that we, as a united nation
Construction & Design
Parking system gets test drive in Brooklyn
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A new environmentally friendly automatic parking system is being given a test drive in downtown Brooklyn. Parkmatic, specialists in mechanical and automated
Featured
NGKF lands Grand Central leasing assignment
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Grand Central Station The Metropolitan Transportation Authority has tapped Newmark Grubb Knight Frank (NGKF) retail team to lead the leasing of Grand Central Terminal.
Construction & Design
Francis Cauffman unveils designs for new Brooklyn healthcare building
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Francis Cauffman has unveiled the first images of its design for 620 Fulton, a new health center and mixed-use building for The New York Hotel Trades Council
Deals & Dealmakers
EXR expanding
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EXR Group, a Brooklyn-based real estate brokerage, announced that it is expanding into the commercial market by opening EXR Commercial. Former BondNY broker
Construction & Design
New York Festival of Lights will showcase leading global artists
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The New York Festival of Light (NYFOL)) comes to DUMBO, Brooklyn, for three consecutive nights November 6 through 8. A curated collection of lighting installations
Deals & Dealmakers
‘Sandy lawyers’get new offices
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CBRE Group, Inc. announced that it represented the law firm of DeCorato Cohen Sheehan and Federico LLP in its 18,983 s/f office lease relocation to 90
Deals & Dealmakers
Sandy forces tenants into space race
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By Sarah Trefethen On Tuesday night, New York City was in the midst of one of the worst natural disasters in recorded history. Transportation had stopped
Debt & Equity
Berkadia arranges multifamily deal
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The New York office of Berkadia Commercial Mortgage arranged $34 million for a multifamily property located in East Moriches, New York. Senior vice president
Construction & Design
NYBC warns of funding gap in MTA plan
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The MTA Board of Directors recently approved a $32 billion Capital Plan for 2015-2019 that the New York Building Congress says faces several hurdles before going forward.
Deals & Dealmakers
Avison Young aquires local asset manager
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MARK ROSE Mark E. Rose, chair and CEO of Avison Young, announced that the firm has acquired New Jersey-based asset management firm Kwartler Associates.