Deals & Dealmakers
Marriott unveils hotel room, bar made from shipping containers
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SG Blocks, a designer of container-based structures, announced it has built a container-based open-air bar and a hotel room mock-up for Marriott’s Moxy Hotels.
Construction & Design
Syracuse launches infrastructure institute
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Syracuse University has launched an Infrastructure Institute with the aim of facilitating the effective and efficient development of new, modernized and
Residential
Christie’s expands into Westchester
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Christie’s International Real Estate announced announced an expansion into Westchester and the Hudson Valley in New York with Ilija Pavlovic, owner of
Deals & Dealmakers
New York REIT acquires additional 49.9% stake in Worldwide Plaza for $276.7M
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New York REIT has acquired an additional 49.9 percent stake in One Worldwide Plaza for $276.7 million. The firm, which is liquidating its assets, exercised
Deals & Dealmakers
East Midtown rezoning may open market for hotel-to-office conversions
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Host Hotels, which operates the Sheraton New York Times Square Hotel and the Westin New York Grand Central, is viewing the benefits of the rezoning of
Featured
Industry holds its breath for impact of new state taxes
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The new state budget that Governor Andrew Cuomo just passed may not include the controversial pied-a-terre tax, but a new “progressive mansion tax” is in its place.
Deals & Dealmakers
REBNY warns mansion tax could cause more harm than good
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REBNY leader John Banks is railing against a so-called Pied a Terre tax he says will hurt New York City. “We are deeply concerned that this so-called pied
Debt & Equity
Holliday Fenoglio Fowler arranges $126M refinancing of Mondrian Park Avenue
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Holliday Fenoglio Fowler announced the $126.57 million refinancing of the Mondrian Park Avenue, a 190-room, luxury hotel in Manhattan. The HFF team worked
Deals & Dealmakers
Verizon moves into Regus co-working space at 230 Park Avenue
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The first phase of an office deal between Verizon and workspace provider Regus has rolled out in New York City. The two firms announced a deal earlier
Featured
New Development: Reuveni tapped for 90 Morton, sales start at Five One Five
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BRACK CAPITAL REAL ESTATE Reuveni tapped for 90 Morton Reuveni Real Estate is spearheading sales and marketing efforts at West Village condo conversion
Hotels
Owner dodges hotels regulations with ‘extended stay’ moniker
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By Sabina Mollot Hotel 17, the Stuyvesant Square budget hotel that closed in April due to zoning issues, has recently reinvented itself as an extended stay hotel.
Technology
FedBid tapped to deliver Smart City innovation
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22 Capital Partners, a venture builder and private equity company, announced that it has selected FedBid, Inc. as a technology partner for its 22 CityLink platform.