Deals & Dealmakers
Thirty industrial buildings sold in NJ
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CBRE has announced the sale, via a joint venture structure, of a vast portfolio of properties comprised of 30 industrial buildings in New Jersey, totaling more than 1.
Deals & Dealmakers
Hackman buys film, TV studio
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Hackman Capital Partners announced that it has acquired, through an affiliated entity, The MBS Group a film and TV studio real estate and production services
Deals & Dealmakers
Shake Shack to open another location in West Midtown
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By Sabina Mollot Shake Shack will soon be opening its 34th location in the city, having signed a 2,000 s/f, 15-year lease for a Midtown West location on
Retail
Ulta will sit pretty at Herald Square
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SL Green Realty Corp., New York City’s largest office landlord, has announced that Ulta Beauty, Inc., the largest beauty retailer in the U.
Deals & Dealmakers
SELLING POINTS: TerraCRG sells Brooklyn church for $13.5m
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● TERRACRG Brooklyn church/school site sold TerraCRG has announced the sale of 257 Washington Avenue, a 32,000 s/f development site in Clinton Hill, Brooklyn.
NYSAFAH News
Solving affordable housing crisis means changing the conversation
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Any New Yorker who has tried to rent a house or apartment recently knows that New York City is in the throes of an affordable housing crisis.
Retail
Orange, NJ gets first brewery area has seen in nearly 40 years
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55 south Essex Avenue L+M Development Partners has welcomed Four City Brewing, an approximately 4,600 s/f craft brewery, as part of the 55 South Essex
REBNY Watch
Studies shed light on discussion regarding gentrification
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As New York City’s population continues to grow, and efforts continue to create housing to accommodate such growth, the word “gentrification” is raised
Deals & Dealmakers
City: Don’t just blame high rent
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Study reveals variety of reasons for retail vacancies By Sabina Mollot While too-high rents and competition from Amazon are often blamed for the state
Deals & Dealmakers
Spike Lee’s firehouse studio sold
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A three-story former New York City firehouse used by celebrated filmmaker Spike Lee’s production studio in Fort Greene for more than 20 years, 
Banking and Finance
FCP invests in Suffolk County development with 80 townhomes
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FCP has announced that it recently closed on a preferred equity investment to facilitate the acquisition of The Preserve, a Class-A, 80-unit
Construction & Design
DOB halts all crane work by United after accident at NYCHA building
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On Monday, the New York City Buildings Department halted all crane work citywide by United Crane and Rigging (“United”), the firm that