Debt & Equity
Lexerd finds a hole-in-one opportunity in Augusta
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Lexerd Capital Management LLC, a New Jersey-based sponsor of private equity funds, announced that one of its funds has acquired Center West Villas, a multifamily
Lawsuits
TIC for tat: Court moves the goal posts in cotenancy rules
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By: Massimo F. D’Angelo When joint owners of real property are unable to get along with each other, they are armed with a very powerful legal remedy, that
Deals & Dealmakers
Disney lands in Hudson Square
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The Walt Disney Company is the latest media conglomerate to pack its bags for a Lower Manhattan move. Disney has purchased a 99-year leasehold on a group
Banking and Finance
JV closes on $223M to build nation’s largest passive property
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Rendering of Sendero Verde by Handel Architects L+M Development Partners, Jonathan Rose Companies and Acacia Network announced the closing of $223 million
Deals & Dealmakers
Asian online hotel service expands at Empire State
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Empire State Realty Trust (NYSE: ESRT) has signed a lease to expand Priceline’s Agoda to a ­27,000 s/f full-floor office lease at the Empire State Building.
Marketing and Public Relations
Pace delivers logic and magic in real estate marketing campaigns
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Back in 1948, President Truman was in the White House. “South Pacific” premiered on Broadway. The minimum wage was raised to 75 cents an hour.
Residential
DONE DEALS: New folk at White House
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Some new folk are moving into the White House — the one at 262 Central Park West, that is. Compass agents Brian K. Lewis and Danelle Snider have gone to
Deals & Dealmakers
Google closes on Chelsea Market building for $2.4B
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Google is officially the freshest offering at Chelsea Market. The Mountain View, California company closed on its acquisition of the 1.2 million s/f building
Residential
NYC tech sector enjoys decade of leasing growth
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Demand from technology tenants in New York City remains steady as the sector experienced a more than 12 percent increase in local job growth over the past
Construction & Design
Bonjour starts luxury condo
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Restaurants are plentiful along the Montague Street strip By Orlando Lee Rodriguez Real Estate investment and development firm Bonjour Capital has broken
Deals & Dealmakers
TRANSACTIONS: GCP arranges $12M loan in the Bronx, Meridian tackles $26M Jersey loan
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Eastern Union Funding announced the following transactions: A $5,275,000 first lien mortgage for the refinance of a multifamily on 49th Street in Brooklyn.
Deals & Dealmakers
AROUND TOWN: REBNY’s annual banquet to be held at Hilton Midtown
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NYARM Jan 14: The New York Association of Realty Managers Presents “Understanding Where Capital Repair & Project Expenses Are To Be Allocated and How