Deals & Dealmakers
Report: NYC to add 16M s/f of office development in 2019
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A new report has found New York added over eight million square feet of office stock to its inventory last year as the economy continued 110 consecutive
Deals & Dealmakers
SELLING POINTS: Apartment portfolio trades for $75M; Icon sells multifamily in Williamsburg
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● GEBROE-HAMMER ASSOCIATES NJ apartment portfolio trades for $75M New Jersey apartment developer and manager Madison Hill Properties has sold a 487-unit
Deals & Dealmakers
Adams helps J. Mendel fashion a Garment District renewal
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J. Mendel, the fifth-generation luxury brand, is recommitting to the Garment District for another 10 years. The French heritage, New York-based fashion
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Today’s Garment District is looking better than ever
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BARBARA BLAIR RANDALL By Barbara Blair Randall President, Garment District Alliance The Garment District Alliance has supported the positive development
Deals & Dealmakers
Bank takes 200,000 s/f at SL Green’s Hudson Yards building
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SL Green, New York City’s largest office landlord, announced that First Republic Bank, a private bank and wealth management company, has signed a new 211,521
Deals & Dealmakers
Tahl Propp adds 100 apartments to affordable list in HPD deal
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Tahl Propp Equities has signed a new 35-year deal to keep over 100 Harlem apartments affordable to the cityʼs poorest residents. LEXINGTON GARDENS The
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Marx Realty signs 25,000 s/f deal with Foot Locker
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Marx Realty announced that Foot Locker has inked a deal to lease 25,000 s/f of space at 605 W 181 St. in Washington Heights. The sportswear and footwear
Debt & Equity
Affordable package deal will save Jersey homes
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A $14 million finance package has been secured for the preservation of Cooper Plaza Townhomes, an affordable housing community in Camden, New Jersey.
Deals & Dealmakers
Momofuko Noodle building offered for sale
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Adelaide Polsinelli, Vice Chair of Compass and the newly launched investment sales division, along with Trystan Polsinelli, have been hired to market 169 &
Debt & Equity
TRANSACTIONS: Eastern arranges $8.3M Brooklyn loan, GCP scores $11M in Yonkers financing
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Eastern Union Funding announced the following transactions: • A $10,705,000 first lien mortgage for the acquisition of a 280-unit multifamily property
Debt & Equity
Lightstone launches $300M platform to buy proptech, telecom assets
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Lightstone announced the launch of a new platform to purchase telecommunications and technology real estate assets. With an initial allocation of $300
Debt & Equity
MRC shores up its purse with $1.1B from global investors
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Madison Realty Capital (MRC) has raised $1.136 billion for its fourth debt fund. Adam Tantleff, managing principal, the institutional real estate debt