Deals & Dealmakers
Real estate finance firm Dwight Capital takes 20,000 s/f at The Georgetown Company’s 787 11th Avenue
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Real estate finance and investment firm Dwight Capital signed a 10-year lease for 20,000 s/f at The Georgetown Company’s 787 11th Avenue.
Retail
Thor showing a sweet spot for Soho shops
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Joe Sitt Thor Equities added another SoHo property to its holdings in the premier fashion and retail corridor. Company executives confirmed the acquisition
Debt & Equity
Magnum refinances Village rental with $62M package
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Magnum Real Estate has recapitalized its East Village rental with a $63 million loan from Santander. JLL’s Capital Markets experts arranged the financing
Deals & Dealmakers
Tributes flow for workers’ rights champion, Hector Figueroa
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Héctor Figueroa, president of the country’s largest building workers union, 32BJ SEIU, died on Thursday, July 11, at the age of 57. The union said in a
Featured
Survey shows election is keeping home buyers at a distance
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The prices for New York City real estate continue to hover near record highs. However, one factor is said to be keeping buyers at a distance.
Deals & Dealmakers
ON THE SCENE: Roundup of the week’s Under $10M sales and exclusives
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AGENTS: Triplemint has been hired to exclusively market the retail space at 72-74 Seventh Avenue, Chelsea, New York. Andrew Feldman is the sole broker
Residential
HAVE YOU HEARD? Level Group puts spotlight on social media; Paltrow penthouse in contract
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Level Group has opened registration for its next Spotlight Series event. Social Media Innovation: The Symposium at the Wells Fargo Conference Center, 150
Deals & Dealmakers
Broker draws on family dynamic to make better business
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After years working with his father on deals that run the real estate industry gamut, Peter Gross believes heʼs found a recipe for success.
Construction & Design
Housing builders shift to cheap areas amid superluxe glut
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As the super luxury market continues to stagnate, developers are looking to shift towards smaller-scale projects and cheaper areas. While superluxury was
Marketing and Public Relations
Theater House offers spot for top (retail) performer
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A 7,800 s/f retail space at the base of Theater House, a 22-story luxury glass residential tower at 237 East 34th Street in Murray Hill, is being marketed
Deals & Dealmakers
WKO adds new finance tenants at 777 Third Ave
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The William Kaufman Organization (WKO) has completed two leasing transactions totaling 16,500 s/f at 777 Third Avenue in Midtown East. WKO has signed a
Residential
DONE DEALS: Broker plays Queens high
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It’s official. Queens is now a millionaires playground! After breaking the million dollar price median last summer, a new record has been set in Ridgewood.