Deals & Dealmakers
Koreans pay $194M for 400 Madison Avenue
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ASB Real Estate Investments has sold 400 Madison Avenue to a Korean financial services firm for $194.5 million dollars. Daishin Securities, an investment
Residential
City signs off on $180M for LIC fix
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The mayor’s office has signed off on a $180 million spending plan in Long Island City that will be used to build schools, fix roads and improve the area’s sewer system.
Technology
Digital transformation continues as JLL acquires next genʼ software co.
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JLLannounced an agreement to acquire ValuD Consulting, a provider of IBM software integration and consulting services in the US and India.
Views
Affordable housing bills to consider at the polling booth
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As our nation approaches the November midterm elections, New Yorkers should be thinking about affordable housing as they head to the polls.
Debt & Equity
Broadtree locked and loaded with $300M revolver
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Broadtree Residential, a private real estate investment trust managed by Broadstone Real Estate, has expanded its senior secured revolving line of credit
Construction & Design
Supreme Court ruling secures J-51 tax breaks for mod rehabs
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The state Supreme Court has protected the right for rent-stabilized landlords to get tax benefits in exchange for capital improvements, regardless of their
Residential
DONE DEALS: Harlem block buster
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Corcoran’s David Daniels has closed on the $3 million sale of a renovated Harlem townhouse at 109 West 132nd Street, a record price for the block
Residential
Listing service merger to create regional MLS
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The Hudson Gateway Multiple Listing Service (HGMLS) and the Multiple Listing Service of Long Island, Inc. (MLSLI) have merged to form the New York MLS, LLC.
Deals & Dealmakers
Dog playground pops up in Village
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The Rudin Family, along with joint venture partner Global Holdings, launched an interactive experience for dogs and dog lovers at The Greenwich Lane condominium
Opinion
As investors jostle for top talent, it’s good news for boutique office investment
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By Jake Kaiser, director, Goldenwood Property Advisors According to an employment report released by ADP, 230,000 non-farm private sector jobs were added
Featured
Dwyane Wade joins all-star team behind new New York eatery
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NBA star Dwyane Wade is taking his talents to the Big Apple. The Miami Heat legend won’t be suiting up for the New York Knicks or Brooklyn Nets during
Deals & Dealmakers
Columbia leases 115,000 s/f to WeWork at 149 Madison
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Columbia Property Trust announced that it has signed a 115,000 s/f long-term lease with WeWork, the shared office space provider, for the entire office