Construction & Design
Brooklyn enjoys a big bump in first quarter office leasing
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Leasing activity in the Brooklyn office market soared to 671,000 square feet during the first quarter of 2019, putting the market 99 percent above its
Debt & Equity
Rialto antes up $97M loan for PMG
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Holliday Fenoglio Fowler (HFF) announced it has secured $97.1 million in financing for 111 Leroy, a boutique luxury condominium development in the West Village.
Debt & Equity
Meridian brokers $100M Broad St. refinance
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Meridian Capital Group arranged $100 million in financing to refinance 90 Broad Street, an office building in New York, on behalf of Princeton International Properties.
Deals & Dealmakers
Jamestown signs ad deal at 1Times Square
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One of the country’s leading out-of-home advertising firms, New Tradition, has signed a master lease agreement for the new digital signage currently being
Deals & Dealmakers
Highrise hoodwinkery has city zoning members seeing red
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Council members are calling on the city to put the reins on developers using mechanical voids to artificially raise their height of their luxury condo buildings.
Deals & Dealmakers
CBS renews with George Comfort
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George Comfort & Sons, Inc. announced today that CBS has signed a 15-year lease renewal at 28 East 28th Street for over 164,000 s/f at the property.
Deals & Dealmakers
Bain Capital sells MIT hub
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Boston-based Bain Capital Real Estate has closed on the sale of a Class A life science property in Cambridge, Massachusetts, one of the world’s foremost
Debt & Equity
Bank of America funds Robert Martin Co. industrial buy
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Holliday Fenoglio Fowler announced that it arranged $400.6 million financing for the Robert Martin Company acquisition of Mack-Cali’
REBNY Watch
City Council leading New York down wrong road on climate change
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There is perhaps no threat more urgent than climate change. That’s why we have fully supported the City’s goal to reduce carbon emissions 40 percent by
Deals & Dealmakers
Mack-Cali fends off activist investor strike
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Mack-Cali has said it has no plans to sell or break itself up but it will give activist investors two seats on its board in an effort to avoid a protracted proxy battle.
Residential
NEW DEVELOPMENT: One Clinton tops out; Savanna launches The Vandewater
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● THE HUDSON COMPANIES One Clinton tops out Hudson Co ONE Clinton March 26, 2019 © Julienne Schaer The Hudson Companies has topped out One Clinton, a 38-story
Views
Charter Revision can open new doors for affordable housing
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The ongoing review of the New York City Charter is an opportunity to make smart changes to our Land Use process and make it easier to deliver affordable