Debt & Equity
S3 Capital arranges $12.5M loan for Prospect Lefferts Gardens parcels
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S3 Capital Partners, a private lender, has arranged a $12,500,000 construction loan for two parcels located on Bedford Avenue in the Prospect Lefferts
Deals & Dealmakers
Cuomo names LeFrak, Roth to Penn Station task force
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Lefrak Organization CEO Richard LeFrak and Vornado CEO Steven Roth have been named to Gov. Andrew Cuomo’s task force for rehabilitating Penn Station.
Retail
RECon confab may be off the charts, but Harris Bulow takes it all in stride
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LAS VEGAS, NV: There are some 36,000 people in Vegas this week for the ICSC RECon event, but that doesnʼt faze Harris Bulow. A new senior director at Eastern
REBNY Watch
Construction safety bill falls short on real solutions
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Despite concerns raised by many groups, the City Council has passed Intro 1447-C, otherwise known as the construction safety bill. The Real Estate Board
Deals & Dealmakers
RXR Realty signs 99 year lease for 75 Rockefeller Plaza
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75 Rockefeller Plaza By Orlando Lee Rodriguez Cushman & Wakefield announced on Thursday that investment and operating company RXR Realty entered into
Deals & Dealmakers
DSA secures $161M in Essex Crossing loans
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Delancey Street Associates (DSA), a joint venture of BFC Partners, L+M Development Partners, Taconic Investment Partners, the Prusik Group and the Goldman
Retail
Winick tapped to lease for Daffy’s space on Columbus Circle
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3 columbus circle daffy’s rendering SL Green Realty Corp. and The Moinian Group have appointed the Winick Realty Group team of CEO Jeff Winick and
Debt & Equity
Eastern Union Funding lowers fees as brokerage barrels towards another record year
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Pioneering money broker Ira Zlotowitz has announced he will cap his company’s fee for the second time in a year as Eastern Union Funding barrels
Construction & Design
Tishman Speyer secures $1B in financing to build new Bjarke Ingels-designed Spiral
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Tishman Speyer has unveiled the BIG-Bjarke Ingels Group conceptual design for its planned 65-story tower at 66 Hudson Boulevard in Manhattan.
Debt & Equity
Investor lands $55M loan for purchase of Westcott in Stamford
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Eastern Union Funding arranged financing of $55.2 million for a private New Jersey-based investment group in support of their acquisition of The Wescott
Deals & Dealmakers
Marketing and investment firm Stagwell Group leases 84,000 s/f at One World trade Center
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The Durst Organization and The Port Authority of New York and New Jersey today announced The Stagwell Group LLC signed a 13-year lease for 83,955 square
Green Building
ConEd offering electricity incentives as gas moratorium drags on
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Con Edison is offering to pay natural gas users in Westchester to switch to electricity as the area endures a moratorium on gas. The utility said it will