Deals & Dealmakers
New DOB boss named
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MELANIE La ROCCA Mayor Bill de Blasio announced the appointment of Melanie La Rocca as Commissioner of the Department of Buildings. As Commissioner, she
Deals & Dealmakers
New building team L&L MAG outlines end game
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Fresh off announcing their new partnership, MaryAnne Gilmartin and Robert Lapidus are eager to make their next announcement: their first ground-up development in the city.
Retail
Levin Management looking to update Commons at Hooper retail offerings
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Levin Management Corporation (LMC) has been named exclusive leasing and managing agent for Commons at Hooper, a 120,350 s/f community shopping center in Toms River.
Debt & Equity
TRANSACTIONS: Meridian negotiates six Union City multifamily mortgages; Hakimian Capital funds Brooklyn deal
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Meridian Capital announced the following transactions: • Six new mortgages in the amount of $15,300,000 on six multifamily properties located in Union City, NJ.
Construction & Design
Rechler preaches infrastructure risk and reward in public-private partnerships
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With doubts rising that the federal government will pitch in to fund major infrastructure projects, New York power brokers are examining other options
Construction & Design
NEW DEVELOPMENTS: Leasing starts at The Lewis, Sotheby’s takes reigns at Roslyn Landing
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● JOY CONSTRUCTION / MADD EQUITIES Leasing underway at The Lewis Douglas Elliman Development Marketing (DEDM) has launched leasing at The Lewis, the new
Deals & Dealmakers
RSA says it won’t evict tenants whose rent isn’t paid during government shutdown
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The landlords of one million New York City apartments will give their tenants a pass when they don’t pay rent this week. In an unprecedented move, the
Deals & Dealmakers
Carlyle Group moving to One Vanderbilt
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SL Green Realty Corp. has signed a 15-year lease for 94,367 s/f on floors 36-38 at One Vanderbilt Avenue, the 1,401 ft. office tower in East Midtown.
Featured
What tomorrow will look like on Manhattan’s new west side
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The Vessel, a sculpture by Thomas Heatherwick The first apartments in the newest neighborhood built in New York City just went on sale. And if early indications
Debt & Equity
Natixis provides $86M construction loan for new Sloan Kettering offices
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Natixis has provided an $86.25 million construction loan for for the built-to-suit Memorial Sloan Kettering office development at 330 East 62nd Street
Residential
NEW DEVELOPMENTS: Sales launch at Brooklyn Grove
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● ADAM AMERICA / SLATE PROPERTY Sales underway at Brooklyn Grove The Brooklyn Grove, a new 27-story, 184-residence condominium at 10 Nevins Street in Downtown
Deals & Dealmakers
Selling Points: Spaniards buy Moxy garage, TH Real Estate digs in on Chambers Street
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● Meridian Investment Sales Spaniards scoop up Moxy parking garage Meridian Investment Sales sold the parking garage condominium located in the Moxy Times