Deals & Dealmakers
Natixis provides $250M mortgage for JEMB’s 75 Broad Street
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Natixis provided a $250,000,000 fixed-rate, first mortgage CMBS loan to JEMB Realty for the refinance of 75 Broad Street. JEMB Realty purchased the empty
Deals & Dealmakers
Report: NYC needs to take action on energy, as Indian Point closure looms
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With New York City’s largest source of electricity generation marked for extinction amid a projected increase in energy demand, New York must add significant
Deals & Dealmakers
AI pioneer becomes first tenant at Swivel office
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Serkan Piantino, the former founder of Facebook’s New York office and co-founder of Facebook’s Artificial Intelligence Research team, is bringing his new
Views
How security assessments can help mitigate complex threats
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By David C. Burroughs, vice president of Lemire LLC In the aftermath of 9/11, property owners throughout New York City smartly invested millions to secure
Deals & Dealmakers
New L train plan safer, say tunnel experts
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One of the New York engineers who came up with the revised plan for rebuilding the L train subway tunnels says its not just a faster option, but a safer one.
Deals & Dealmakers
SELLING POINTS: LIC hotel sold for $60M, Former Lucky Cheng’s spot goes for $12M
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● LIGHTSTONE $60M LIC hotel purchase Lightstone has purchased the Hilton Garden Inn on 41st Avenue for $60 million from a group headed by Sagamore Capital.
Construction & Design
Plaza Construction introduces gender neutral worksite signs
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Plaza Construction is replacing its men at work signs with new gender neutral signs. The move it part of a company-wide initiative to attract more women
Retail
Winick wins shopping trifecta
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7 East 14th Street TF Cornerstone has tapped Winick Realty Group to market a trio of properties around Manhattan. President Steven E. Baker will spearhead
Featured
New York’s highest residential roofdeck unveiled at Hudson yards
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The party room Hudson Yards today unveiled a new suite of amenities on the Skytop level of Fifteen Hudson Yards. Located more than 900 feet in the air
REBNY Watch
REBNY to Honor Chuck Schumer for Excellence in Public Service
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On January 18, 2018, at REBNY’s 122 nd Annual Banquet at the New York Hilton Midtown, we will honor United States Senator Chuck Schumer with the prestigious John E.
Debt & Equity
TRANSACTIONS: MMCC arranges refi’ for Upper West Side apartment building
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Marcus & Millichap Capital Corporation announced the following transactions: • A $1,230,000 refinance was arranged for a 3,096 square foot property
Deals & Dealmakers
Pinnacle Group buys 112-unit Rego Park resi building for $31.5M
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97-25 64th Avenue. Photo via Google Street View. Pinnacle Group has acquired a 112-unit rental building in Rego Park, Queens for $31.5 million, according