Deals & Dealmakers
Selling Points: GFI sells Prospect Park multifamily, Urstadt buys more shopping centers
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● GFI REALTY Family sells Prospect Park portfolio GFI Realty Services announced the $26.7 million sale of a two-building, multifamily portfolio in Prospect Park South.
Debt & Equity
S3 Capital Partners funding Upper West Side church conversion
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Holliday Fenoglio Fowler announced $20 million in financing for 140 West 81st Street, a boutique residential condo on the Upper West Side.
Featured
Flush with new development, builders are bankrolling a new Jamaica
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Three years after the City of New York released an action plan in an effort to spur economic development and growth in Jamaica, Queens, the neighborhood’s
Deals & Dealmakers
Anbang closes on $415M deal to buy 717 Fifth Ave. offices
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Blackstone has closed on the $415 million sale of the office portion of 717 Fifth Avenue to Anbang Insurance Group, the Chinese entity that bought the
Deals & Dealmakers
WHO’S NEWS: GPG gets new director, Fannie Mae names successor to board
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Building Engines announced the appointment of Scott Morey, Executive Director of GPG Advisers, to the company’s Board of Directors. Moray has 30 years
Deals & Dealmakers
Hirschfeld buys Baltimore property as it ramps up East Coast multifamily investment
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A joint venture of affiliates of Hirschfeld Properties LLC and PCCP, acquired Rosemont Towson, an 828-unit multifamily community located in Towson, Maryland
Residential
DONE DEALS: Harlem block buster
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Corcoran’s David Daniels has closed on the $3 million sale of a renovated Harlem townhouse at 109 West 132nd Street, a record price for the block
Retail
Taco Bell debuts Manhattan cantina
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Taco Bell Cantina is poised to make its debut in New York City after signing a lease for its first Manhattan location at 500 Eighth Avenue in the Penn
Editorial Supplements
Food networking the new dish of the day
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L-R: Judy Sahagian, Faith Consolo and chef Phil Quilter give viewers some food for thought. By Linda O’Flanagan Reality television takes another bite out
Deals & Dealmakers
On the Scene: Cushman tapped for 1559 York, TerraCRG hired in Prospect Heights
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Cushman & Wakefield has been retained to sell a 4,384 s/f ground floor medical condominium at 1559 York Bobby Carrozzo Avenue. Senior managing director
Deals & Dealmakers
Rudin announces two leases at One Battery Park Plaza
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The Rudin Family, together with their partner, investment advisor and asset manager Allianz Real Estate of America, announced that two companies have signed
Deals & Dealmakers
Small landlords playing big role in new rent reform campaign
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A coalition of New York City building owners is calling on Albany to pass responsible rent reforms that protect tenants, but also small property owners