Debt & Equity
Bank planning to pick up the PACE of senior financing
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The National PACE Association (NPA) and National Cooperative Bank (NCB) announced a lending program to help finance a nationwide expansion of Programs
Deals & Dealmakers
Selling points: New Rochelle tower fetches $148M, Spencer Equity buys Bronx housing complex
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HFF New Rochelle tower fetches $148M Boston-based DSF Group has paid $148.5 million for a 412-unit luxury apartment tower in New Rochelle.
Deals & Dealmakers
NGKF tapped to lease former Nestle HQ
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Faros Properties, in partnership with Caspi Development, has appointed Gregory V. Frisoli and Lawrence (Larry) A. Ruggieri of Newmark Grubb Knight Frank
REBNY Watch
New public service award carries on legacy of John Zuccotti
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By REBNY President John Banks After John E. Zuccotti, one of our city’s truly great public servants and real estate leaders, passed away in 2015, The New
Retail
SL Green leases 71,000 s/f of prime Manhattan retail
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1515 Broadway SL Green Realty Corp., New York City’s largest commercial property owner, has signed leases totaling 71,547 s/f with three national retailers
Debt & Equity
How far have banks come in two years?
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By Manus Clancy, senior managing director, Trepp, LLC Common knowledge suggests that in the past two years, U.S. banks have come a long way toward growing
Residential
HAVE YOU HEARD: Star broker Serhant has a new side-kick
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Olivia Robertson REALITY television Realtor Ryan Serhant has a new side-kick and $15 million worth of new exclusives. Longtime assistant Olivia Robertson
Deals & Dealmakers
Resnick celebrates leasing milestone at 199 Water Street
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Jack Resnick & Sons has closed on two new long-term leases totaling 100,000 s/f at 199 Water Street. These transactions complete Resnick’s two-year
Retail
Joseph Abboub joins Mad men
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RKF has arranged a 4,600 s/f lease for American luxury menswear brand Joseph Abboud at 424 Madison Avenue. This will be the brand’s first flagship store
Green Building
Investors fueling hike in green valuation
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By Steve Schleider, MAI, LEED-AP BC+D, president, Metropolitan Valuation Services As a commercial real estate appraiser — and the only one in New York
Residential
DONE DEALS: Bolls strikes gold
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When William Bollswas asked to sell Upper West Side one-bedroom with its own back yard, he knew he had real estate gold on his hands. WILLIAMS BOLLS “Quality
Debt & Equity
Hackers zero in on real estate pros
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By Christopher J. Gulotta, Real Estate Data Shield Inc. and Bud Walder, DataMotion These days, it seems that major data breaches, identify theft and data