Residential
Higher borrowing costs cloud housing outlook
00
Pending home sales dipped in November to their lowest level in nearly a year as the brisk upswing in mortgage rates and not enough inventory dispirited
Deals & Dealmakers
NAIOP hears how NJ incentives are working
00
While New Jersey’s economy continues to recover from the last recession, the state’s economic development community has been armed with some powerful incentive
Property Managers
Rock’ Group gets Wired
00
The Rockefeller Group announced that 1221 and 1271 Avenue of the Americas have each achieved Platinum Wired Certification from WiredNYC.
Deals & Dealmakers
Investors set stage for Williamsburg arts enclave
00
A group of buyers is hoping to turn a former manufacturing building in North Williamsburg into a hub for creatives. A partnership led by Mark Grunfeld
Debt & Equity
National Cooperative Bank announces $60M in loans in August
00
National Cooperative Bank originated $60.5 million in new loans during August for 22 New York area properties. Edward Howe III, managing director of the
Deals & Dealmakers
ON THE SCENE: This week’s sales and exclusives under $10 million
00
Ariel Property Advisors has been retained to sell 388 Canal Place, a commercial loft building spanning 31,250 s/f in The Bronx’s Mott Haven neighborhood.
Deals & Dealmakers
Chips might be down, but Atlantic City wants to be a winner again
00
By Dan Orlando Atlantic City’s Steel Pier is being overhauled. “We put all our eggs in one basket with the casinos,” said Atlantic City Mayor Don Guardian.
Deals & Dealmakers
Tech firm takes floor at 11 Times Square
00
11 Times Square SJP Properties announced that the St. Louis-based tech powerhouse, Answers Corporation, has signed a new office lease to occupy the entire
Featured
Brokerages aim to make things more black and white
00
Rory Bolger By Holly Dutton New York City residential real estate is getting more and more transparent for buyers. Broker disclosure and apartment square
Residential
Lennar opens new Weehawken condo
00
1000 avenue is the first of five Lennar towers to be built on the site. Weehawken, NJ Mayor Richard F. Turner joined officials from the Township of Weehawken
Construction & Design
Stringer wants Battery cash to fund NYCHA repairs
00
Comptroller Scott M. Stringer called for the projected surpluses from the Battery Park City Authority (BPCA) to be directed specifically toward critically
Mergers and Acquisitions
Douglas Elliman goes global, expands commercial services
00
Powerhouse New york residential brokerage Douglas Elliman last week announced a merger with a UK homes giant and a plan to bolster its own Manhattan commercial