Deals & Dealmakers
SELLING POINTS: NYU buys resi building for $45M; Timeshare company expanding in Times Square
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● Vornado Realty Trust NYU buys Greenwich Village apartment building for $45M New York University has purchased a building around the corner from its main
Featured
Movie about the women who built New York to be showcased at Real Estate Weekly forum
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A new film about the women who built New York will be previewed at REW Women’s Forum on Tuesday. UNKNOWN NEW YORK – THE CITY THAT WOMEN BUILT is
Office Market
Private equity fund subleases 47,000 sf from Meredith Corp. on 3rd Ave
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A private equity fund has subleased 47,600 s/f from Meredith Corporation at the media and publishing conglomerate’s former Third Avenue headquarters.
Residential
Jesse Metcalfe and fiance Cara Santana close on Essex Crossing condo
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ACTOR Jesse Metcalfe has closed on his new Essex Crossing apartment. City records show the John Tucker Must Die and Desperate Housewives star paid $1.
Mergers and Acquisitions
KZA Realty, RM Friedland join forces in the Bronx
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Two established Bronx commercial real estate firms announced a new affiliation agreement. KZA Realty Group and RM Friedland will join forces on select
Debt & Equity
Emerald Creek provides $11M construction loan for Boreum Hill apartments
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Emerald Creek Capital has provided $11.5 million in construction financing for a mixed-use Boreum Hill development. Managing directors Jeff Seidler and
Debt & Equity
Extell lands $530M Brooklyn Point finance deal
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Extell Development Company has closed on $530 million in financing for Brooklyn Point, the firm’s first development in Brooklyn and currently the tallest
Featured
Security Guards: Unlocking new tech ideas could solve deposit conundrum, say industry experts
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Besides the Statue of Liberty, Empire State Building, and Times Square, perhaps the most well-known thing about New York City is that it is an expensive
Residential
UPS expands smart lock tech for better apartment access
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UPS has begun a pilot program that will allow mailmen to deliver inside apartment buildings. The postal service has partnered with Latch, a tech company
Deals & Dealmakers
New Jersey developer nabs East Williamsburg vacant lot for 92-room hotel
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A New Jersey developer has acquired a vacant lot in East Williamsburg where he plans to build a 92-key hotel. Nehalkumar Gandhi purchased a 99-year ground
Mergers and Acquisitions
IRR continues national expansion; adds NJ office in latest partnership binge
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Continuing its aggressive growth strategy, Integra Realty Resources (IRR), North America’s largest independent commercial real estate valuation, market
Deals & Dealmakers
Brookfield buys Forest City for $11.4B
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Brookfield Asset Management purchased Forest City Realty Trust in an all-cash deal valued at $11.4 billion on Tuesday morning. Brookfield paid $25.