Deals & Dealmakers
Kaplan International joins corporate roster at 5 Columbus Circle property
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Education and career services provider Kaplan International North America, Inc., ahas leased 25,000 s/f at 5 Columbus Circle. 1790 Broadway Associates
Construction & Design
DOB: Thousands of work sites need safety training
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Buildings Commissioner MelanieLa Rocca The Buildings Department announced the release of a new, interactive map showing the location of construction sites
Residential
Survey finds race still a factor in mortgage approval
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A new analysis of US mortgage applications claims African Americans are twice as likely to be denied a mortgage as white applicants. The study, carried
Featured
Fast-growing co-working salon co. on hunt for more space
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Phenix Salon Suites, the co-working firm for hair stylists, just added five tri-state locations and is on the hunt for more. The fastest-growing salon
Deals & Dealmakers
Law firm moving headquarters to Boston Properties’ 7 Times Square
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MITTI LIEBERSOHN Mitti Liebersohn, President and Managing Director for Avison Young, announced the firm has arranged a new 10-year, 27,488 S/F lease for
Deals & Dealmakers
State seeks proposals for former Deutsche Bank building at WTC
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Governor Andrew M. Cuomo announced the request for proposals to develop World Trade Center Site 5, one of the last two remaining undeveloped World Trade
Banking and Finance
TRANSACTIONS
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HKS Real Estate Advisors reported the following transactions: • A $8.15 million construction loan for the ground-up development of a seven-story
Deals & Dealmakers
SELLING POINTS: Hudson brings 22,800 s/f Coney Island retail building to market
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● ROSEWOOD REALTY GROUP Stellar closes on $76M sale that re-regulates Bronx apartments Stellar Management announced it has completed the sale of 1133
Banking and Finance
Arbor funds $15M apartment bridge refinance
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2417 Albermarle Road Arbor Realty Trust funded a $15 million bridge refinance loan in Brooklyn, NY. Arbor provided the loan for 2417 Albemarle Road, a
Banking and Finance
Greystone stacks up $164M for multifamily investment group
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Greystone has provided $125,200,000 in Fannie Mae financing as part of a recapitalization effort for a $163,500,000 portfolio of multifamily properties
Banking and Finance
Changing New York rent laws could spark financial crisis
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By Jonathan Lewis, Founder, JLJ Capital JONATHAN LEWIS There’s been tons of press over the last few weeks and months about the housing crisis in New York
Deals & Dealmakers
Elefant delivers some vintage multifamily
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DJ ELEFANT Greystone provided an $8,961,000 Fannie Mae loan to refinance a 113-unit property in Georgetown, TX. The transaction was originated by DJ Elefant