Residential
Done Deals: Asked and Answered
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A year of searching finally paid off for Engel & Voelkers agent Dolly Hertz when she stuck to her guns on an asking price. Dolly Hertz Her LA buyers
Residential
DONE DEALS: Roundup of last week’s residential sales
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EDDIE MAQBOOL Selling a property with a tenant in place adds a whole new level of challenges, reports Citi Habitats agent Eddie Maqbool.
Debt & Equity
Berkadia closes Great Wolf financing
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Berkadia closed $170 million in financing for the Great Wolf Lodge in Garden Grove, California. Senior Managing Director Andrew Coleman and Director Mauricio
Residential
Luxury Westchester buyers getting price conscious
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Fear of over-paying is being blamed for a slowdown in the Westchester luxury homes market. In its thrid quarter report, Houlihan Lawrence said, “Despite
Deals & Dealmakers
Related pays $260M for Truffles Tribeca
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Related Companies turned to the high end Tribeca market, purchasing a $260 million luxury apartment building from the Jack Parker Corporation.
Residential
DONE DEALS: Corcoran team closes museum-quality deal
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Corcoran’s Steven Cohen and Tara King-Brown just sold the ideal apartment for park lovers and museum-goers for $8.1 million STEVEN COHEN Apartment #5B
Debt & Equity
TRANSACTIONS: GCP arranges $14.8M UWS financing, Meridian secures $10M Bronx laon
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Arbor Realty Trust announced that it funded the following loans: • A $2.8 million bridge loan for Autumn Run Apartments, a 91-unit multifamily property
Residential
DONE DEALS: California dreamer
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A Park Slope one bedroom priced just under the sellerʼs ask was scooped up in days. “It was the most attractively priced and accessibly located one bedroom
Deals & Dealmakers
Savanna sells Chelsea property for $257M
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Savanna, along with its joint venture partner, the Silvermintz family, announced the sale of 540 West 26th Street, a newly constructed nine-story, mixed-use
Featured
REBNY WATCH: Pied a Terre Tax Would Tear Apart NYC’s Economy
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You’ve probably heard that Albany lawmakers are considering a dangerous proposal to institute a tax on homes worth $5 million or more. The tax would apply
Debt & Equity
Rego Park mall refinanced with $252M loan
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Vornado-managed REIT Alexander’s announced that it has completed a $252.5 million refinancing of its 609,000 s/f Rego Park II shopping center in Queens.
Residential
New Development: leasing starts at ARO, Amberly hits luxe rental market
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● ALGIN MANAGEMENT Leasing underway at ARO Leasing has begun at ARO, a new 62-story, 426-unit luxury rental tower developed by Algin Management, designed