Deals & Dealmakers
JV closes on 99-year ground lease at 136 E57th
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ABS Partners Real Estate, East End Capital and AEW have today closed on a new 99-year ground lease at 136 East 57th Street, located in Manhattan’s Plaza
Construction & Design
CODE BREAKERS: Owner fined for facade collapse that crushed cars
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The New York City Department of Buildings released its June 2019 enforcement bulletin, which provides highlights of the agency’s actions to sanction and
Deals & Dealmakers
Foot Locker walking down Broadway
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Joe Sitt Foot Locker’s SoHo store is moving to Thor Equities’s 440 Broadway, ABS Partners Real Estate announced today. ABS represented Foot
Construction & Design
City Hall dedicates $180M for Long Island City infrastructure
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The mayor’s office has signed off on a $180 million dollar spending plan in Long Island City that will be used to build schools, fix roads and build up
Construction & Design
Skyscraper boom tied to market crash
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The Chicago Spire: if completed, it would become the tallest building in the U.S. Curious if the U.S. stock market is heading for a crash in 2014?
Deals & Dealmakers
Chetrit JV makes $217M hotel play
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Patriarch Equities, Sioni Group, and Highgate have purchased the 618-room Affinia Manhattan NYC hotel through a joint venture. Highgate has also assumed
Leases
LEASES: Savitt Partners announces 490,000 s/f of Midtown leases
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NEW YORK Savitt Partners announced a number of new leases and expansions at 530 Seventh Avenue, a Garment District hub for office, technology and
Technology
Cushman & Wakefield partners with Fifth Wall
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Cushman & Wakefield announced a strategic partnership with Fifth Wall, a venture capital firm focused on technology solutions for the global real estate industry.
Events
AROUND TOWN: upcoming events you need to know about
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NYARM Seminar July 31: The New York Association of Realty Managers presents “Perimeter & Interior Security, When Your Multifamily Building is
Technology
Tech talent job growth accelerates in New York metro area
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Tech talent employment in the New York City metropolitan area reached 264,000 jobs last year, jumping 44% since 2011, according to CBRE’s latest Tech Talent ViewPoint.
Leases
Clothing company to occupy new warehouse
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JLL has completed a 203,488-square-foot lease transaction for an apparel company, for the full new development at 85 Stults Road in South Brunswick, NJ.
Construction & Design
Crystal completes One Flushing glazing
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Crystal Window & Door Systems supplied 1,532 state-of-the-art heavy-commercial vinyl windows for the recently completed One Flushing project.