Deals & Dealmakers
Investcorp buys $300M ʻlast mileʼ warehouse portfolio
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Investcorp, a provider and manager of alternative investment products, announced that its New York-based real estate team recently acquired its largest U.
Deals & Dealmakers
Implosions in NJ pave way for 1.6 million s/f of industrial space
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Lincoln Equities Group imploded a 175-foot smokestack and a 150-foot steel water tower to make way for their 1.6 million s/f warehouse project.
Deals & Dealmakers
Lidl buys old ACME mart in New Jersey
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RIPCO Real Estate and Kampler Advisory Group announced that Lidl, the international supermarket chain, agreed to purchase the former ACME Markets site
Construction & Design
City construction appears to be nearing ‘plateau’
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During the first half of 2018, five of the top ten metropolitan markets for commercial and multifamily construction starts ranked by dollar volume showed
Featured
Piazza cake! Turing terraces into more dollars psf
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Turn a Manhattan terrace into more dollars per square foot By Linda O’Flanagan Above, the balcony of an apartment at Five Star, in Park Slope, Brooklyn
Construction & Design
Situ Studio transforms Brooklyn Museum’s Great Hall
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Roland Li for Real Estate Weekly By Roland Li Starting this month, Brooklyn Museum visitors will be greeted by a towering fabric installation that transforms
Deals & Dealmakers
Insurance brokerage firm USI takes 34,080 s/f at Sapir’s 261 Madison
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Insurance brokerage and consulting firm USI Insurance Services has signed 34,080 s/f lease at the Sapir Organization’s 261 Madison Avenue in Midtown.
Deals & Dealmakers
ON THE SCENE: Commercial sales and exclusives under $10 million
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AGENTS Ariel Property Advisors has been exclusively retained to sell 961 42nd Street, a multifamily building in the prime Borough Park section of Brooklyn.
Residential
WHO’S NEWS: Avi Alkotzer joins Corcoran; Stribling analyst promoted
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Stribling Marketing Associates, the division of Stribling & Associates that specializes in the consulting, marketing and sales of ground up construction
Featured
NYC brokers reveal how recession has hit their bottom line
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By Danny Astoria More than half of the residential brokers working in New York City believe the housing market will get worse before it gets better.
Residential
DONE DEALS:Roundup of the week in residential sales
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Halstead agent Tecumta Tiwoni closed a record deal on a historic block in Harlem. A townhouse built in 1893 on Striver’s Row, a stretch of 138th Street
Debt & Equity
Banks bounce back with help from Feds
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By Orlando L. Rodriguez U.S. banks made more last year than they lost during whole subprime meltdown – and the government helped them do it.