Residential
Millennials: All we want for Christmas is a new home
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Millennials are more likely to bolt, rather than build, from their homes. Open Listings, an online homebuying platform, recently conducted a survey of
Deals & Dealmakers
Nobody move! Renters stay put as owners sell in bulk
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Brookfield is joining the big-game sell-off of New Yorkʼs housing stock. Along with partner Urban American, the company will offload five former Mitchell-Lama
Deals & Dealmakers
Pioneer celebrates womenʼs progress in real estate business
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The Upper West Side in the 1960s was a far cry from the cultural enclave it is today. The area was plagued by swathes of crime and drug corridors and shabby
Deals & Dealmakers
New rules dent broker confidence
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The Real Estate Board of New York’s (REBNY) Real Estate Broker Confidence Index for the second quarter of 2019 was 6.64 out of 10 — a decrease of 0.
Deals & Dealmakers
LEASES: Kent State fashion school renews and expands on 39th Street; Presidential hopeful leases 1,500 s/f near Times Square
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NEW YORK Handler Real Estate Organization announced the following leases: • A long-term, 6,000 s/f renewal and expansion with the Fashion School at Kent
Debt & Equity
Sherwood venture secures $48M for new Flatiron condo
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CIT Group Inc. announced that CIT Real Estate Finance provided a $48 million senior secured credit facility to a joint venture between Arun Bhatia Development
Deals & Dealmakers
SilverTech takes on lease guarantee platform
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Insuretech company TheGuarantors, which provides landlords with payment insurance at no cost to them and fast-tracks leases for potential tenants who do
Green Building
Managers offered new tool kit to help tenants SEE the light
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Utility costs represent the single largest controllable expense in a multi-family housingcommunity, consuming 25 to 35% of most operating budgets[1].
Banking and Finance
EB5 investors set to fund Coachella venture
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George Washington Immigration Group aims to provide $65 million in EB-5 financing for Glenroy Coachella LLC. The funds will be used to finance a portion
Deals & Dealmakers
Financing secured for $190M New Roc development
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14 LeCount Place A joint venture of Wilder Balter Partners, L+M Development Partners and Goldman Sachs Urban Investment Group has closed on financing for
Residential
DONE DEALS: Big deal on little house in Park Slope
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NATHALIE ROY CHARLIE PIGOTT They say big things come in small packages, and that was certainly the case at 344A 13th Street in Park Slope. Corcoran’
Leases
Vision, Rubenstein arrange 315,000 s/f lease in Warren
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The outdoor ampitheater at Warren Corporate Center A joint venture partnership between affiliates of Vision Real Estate Partners and Rubenstein Partners, L.