Deals & Dealmakers
Parking safe from autonomous cars for now, experts say
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As alternative forms of transportation like ride-sharing and autonomous vehicles gather steam, experts say adjacent industries like commercial and residential
Photo Gallery
Lionel Richie helps Andrew Heiberger launch TOWN Week at Art Basel Miami
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Andrew Heiberger, founder and CEO of TOWN Residential, hosted a cocktail party and  dinner at The Villa, Casa Casuarina, to welcome the firm’
Deals & Dealmakers
Washington heights portfolio fetches $169M
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Eastern Consolidated has arranged the sale of a portfolio of nine mixed-use elevator buildings totaling 487,700 s/f in Washington Heights.
Retail
Debutea brings Taiwan Cheese Tea to Thompson Street in the Village
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The Worldwide Leasing Team of Faith Hope Consolo and Arthur Maglio at Douglas Elliman arranged a lease for Debutea at 217 Thompson Street between Bleecker
Photo Gallery
IN PHOTOS: REBNY’s 121st Annual Banquet
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During its 121st Annual Banquet last week, the Real Estate Board of New York (REBNY) honored Carl Weisbrod, the Chairman of the New York City Planning
Deals & Dealmakers
City studies ways to usurp builders running rings round regs
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Tiny, unbuildable, gerrymandered zoning lots that have been created for the sole purpose of evading zoning restrictions, will be studied for regulation
Debt & Equity
New Mountain Capital targets net lease sector
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New Mountain Capital, an alternative investment firm headquartered in New York, has closed its first net lease real estate fund with $533 million of equity
Debt & Equity
Carson leading effort to jumpstart Opportunity Zone development
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Department of Housing and Urban Development (HUD) Secretary Ben Carson has been named chairman of a new White House Opportunity and Revitalization Council.
Debt & Equity
Sam Chang closes $83M refi for Times Square Holiday Inn
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Sam Chang’s McSam Hotel Group has secured an $83 million Deutsche Bank loan for the Holiday Inn NYC Times Square South, according to records filed with the city.
Residential
Extell tower tops city eviction list
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Extell’s showpiece Hudson yards tower, 555 Tenth Avenue, and Joe Moinian’s Sky condominium on 42nd Street have come out tops in a list of city evictions.
Deals & Dealmakers
Senior housing development tops out in Hunts Point, Bx.
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The project by two nonprofit development groups will offer 108 homes. In Hunts Point in the Bronx, a unique approach to development currently under construction
Leases
Plastic surgery practice moves to West Side
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Dana Moskowitz, Partner, and Jeffrey Zund, Executive Director/Leasing, HSP Real Estate Group (HSP), a member of NAI Global, have arranged a six-and-a-half-year