Debt & Equity
W&D locks in $94M loan to preserve Hells Kitchen homes
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Walker & Dunlop, Inc. structured a $93,925,200 loan with the US Department for Housing and Urban Development (HUD) for Polyclinic Apartments in Hells Kitchen.
Construction & Design
Contractors urge Congress to back plan for temporary worker visa program
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The nation’s contractors are urging Congress to back a plan to create a temporary worker visa that could help ease a skilled tradesmen shortage.
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NEW DEVELOPMENT: Queens rental hits the market, Full floor residences in the Village
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● L+M DEVELOPMENT Sales get underway at 25 Park Row Sales are underway at 25 Park Row, the new luxury high-rise facing City Hall Park. Developed by L+M
Views
Invest in the midwest
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ERIC ANTON By Eric M. Anton, associate broker, Marcus & Millichap No, this is not an effort to convince investors to buy apartment buildings in Columbus
Deals & Dealmakers
Canal Street primed for retail transformation
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By Al Barbarino Photo: urban75 Canal Street has become synonymous with the sale of cheap, knockoff goods, jewelry and electronics. The street bustles with
Residential
East Village experts offer up more for LES
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Developers and investors making a big splash on Manhattan’s Lower East Side took part in a panel discussion hosted by Magnum Real Estate Group, Real Estate
Deals & Dealmakers
Fossil doubles its storefront
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1585 Broadway, PropertyShark By Liana Grey Clothing and accessories chain Fossil has nearly doubled its storefront at the base of Morgan Stanley’s headquarters
Residential
Sotheby’s brings affiliates into the fold
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Sotheby’s International Realty announced it will integrate the company’s affiliate network and company-owned brokerage as one global organization to be
Deals & Dealmakers
LEASES: ABS welcomes five firms to Midtown South; Simone arranges seven Bronx leases
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NEW YORK ABS Partners Real Estate has secured space for five firms in Midtown South. The announcement was made by Gregg Schenker, president and co-managing
Deals & Dealmakers
Bridge loan for Brooklyn borrower
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CUR Funding LLC, the lending arm of City Urban Realty, through an affiliate entity, has funded a $6,000,000 bridge loan secured by a portfolio of mixed-use
Deals & Dealmakers
Selling points: Griffin continues push into NJ submarket, Brooklyn portfolio fetches $27.5M
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HFF Griffin Capital continues push into NJ submarket Normandy RE Partners has sold a trophy New Jersey office property for $44 million. Holliday Fenoglio
Construction & Design
PLAs should save city millions, create opportunities
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A new deal on project labor agreements will save the City over $347 million and create opportunities for women and minority firms to get a bigger share