Deals & Dealmakers
Tishman Speyer sells Madison Ave office building for $222.5M
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APF Properties has purchased a 19-story office building on Madison Avenue from Tishman Speyer and Cogswell Lee Development for $222.5 million.
Deals & Dealmakers
Around Town: CoreNet hosts annual party at MoMA
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Building Awards Gala Dec. 6: The Queens Chamber of Commerce will recognize 20 projects at its 2018 Annual Building Awards Gala at Terrace on the Park
Debt & Equity
Developer launches lending arm to deploy $750M in loans
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New York-based real estate firm Slate Property Group has launched SCALE Lending to provide up to $750 million in transitional and bridge loans to real
Deals & Dealmakers
AROUND TOWN: Real estate events and summer outings
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IREM Course June 12-14 & June 19-21: Become an ARM! The Greater New York Chapter of the Institute of Real Estate Management is conducting a course
Deals & Dealmakers
Architect saves church structure by building new hotel on top
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A unique new hotel has opened on the site of the former Christ Church Memorial at 338 West 36th Street. Developed by Sam Chang with architect Gene Kaufman
Construction & Design
City Council approves Jerome Avenue rezoning in Bronx
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The City Council has approved the rezoning of a 92-block stretch of Jerome Avenue rezoning in the Bronx. The deal is expected to pave the way for increased
Deals & Dealmakers
Eastern Union advises shopping center owner on hunt for assets
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Marc Tropp, senior managing director of Eastern Union’s Bethesda, Md., office, is braced for a busy year with a national client seeking additional retail
Deals & Dealmakers
Work to start on new Penn Station entrance
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Governor Andrew M. Cuomo has unveiled final design renderings for the new main entrance to Penn Station. The new entrance will be located at 33rd Street
Debt & Equity
Transactions: Eastern Union closes $16.1M mortgage, GCP makes $17M loan
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Eastern Union Funding announced the following retail transactions: A $16,100,000 first lien mortgage for the acquisition of a 550,000 s/f retail power
Deals & Dealmakers
Report: Aging population, healthcare policies boosting demand for medical offices
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The aging U.S. population, pressure for healthcare providers to cut costs, and new technologies have boosted demand for medical office properties in recent
Deals & Dealmakers
Savills Studley relocates non-profit to 101 Norfolk
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Savills Studley has completed a relocation for AHRC NYC, a chapter of The Arc New York. AHRC NYC is a not-for-profit committed to finding ways for people
Deals & Dealmakers
Ginsburg secures $29M loan for White Plains luxury residential project
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Avison Young announced the closing of a $28.64 million loan to finance the acquisition of the Halstead White Plains, a 124-unit luxury multi-family property