Deals & Dealmakers
Report: Flatiron office rents grew by 78% over the past decade
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The Flatiron District, known for its 1903 Beaux-Arts landmark and foodie amenities, has quietly become one of the most expensive office markets in the city.
Deals & Dealmakers
Houlihan family patriach, James G. Houlihan, dead at 95
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Industry stalwart James G. Houlihan, a longtime resident of Bronxville, and Palm Beach, Florida, passed away on March 2, 2019, at the age of 95.
Deals & Dealmakers
Coffee roasters relocate to Harlem’s new factory district
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Plowshares Coffee Roasters relocated its headquarters and operations from Hillburn, New York in Rockland County to the Manhattanville Factory District
Deals & Dealmakers
Savills drops the Studley from its name
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Savills Studley, Inc. has rebranded as Savills Inc., aligning the U.S. arm of the business with its global platform , Savills plc. “The transition builds
Deals & Dealmakers
Himmel + Meringoff partners with Square Mile on $89M Bronx development site
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Himmel + Meringoff Properties and Square Mile Capital Management LLC have formed a joint venture to acquire 1601 Bronxdale Avenue in the Bronx.
Featured
Brookfield Property Partners closes on $15B GGP buy
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Brookfield Property Partners completed its purchase of the retail REIT GGP Inc. for more than $15 billion yesterday (Tuesday). Brookfield made a cash payment of $9.
Debt & Equity
Mission Capital closes Amarillo hotel loan
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Mission Capital Advisors’ Debt and Equity Finance group arranged a non-recourse, floating-rate loan for the acquisition and renovation of a 229-key
Construction & Design
ACG calls on new House to make America’s infrastructure great again
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America’s contractors want Democrats to use their new muscle to make America’s infrastructure great again. They have also called on the newly blue US House
Deals & Dealmakers
City approves $100M sale of St. John’s Terminal air rights in the West Village
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The City Planning Commission has approved the sale of air rights from the Hudson River Park Trust to a group of developers planning a five-building, 1.
Deals & Dealmakers
REBNY announces its 2018 PropTech challenge winners
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The Real Estate Board of New York awarded $50,000 to four new property tech ventures for its 2018 PropTech challenge. The challenge saw 44 submissions
Deals & Dealmakers
SSRGA expands to 33,000 s/f at 444 Madison
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JLL has completed a new transaction for Schwartz Sladkus Reich Greenberg Atlas LLP at 444 Madison Avenue with an affiliate of Westbrook Partners as landlord.
Debt & Equity
Apollo provides $105M first mortgage loan for Sam Chang’s Times Square hotel
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Apollo Commercial Real Estate Finance (ARI) has closed on a $325 million package of loans that includes $215 million for Sam Changʼs newest Times Square hotel.