REBNY Watch
REBNY to Honor Chuck Schumer for Excellence in Public Service
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On January 18, 2018, at REBNY’s 122 nd Annual Banquet at the New York Hilton Midtown, we will honor United States Senator Chuck Schumer with the prestigious John E.
Deals & Dealmakers
City cracking down on 421a abuses as new program kicks in
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Two weeks after the 421a tax program was resuscitated when the Real Estate Board of New York (REBNY) and the Building & Construction Trades Council
Residential
HAVE YOU HEARD? Bono checks out Wburg penthouse for his kids, CT private island cuts $50 million from pricetag
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U2 frontman, Bono was spotted getting his hipster on in Williamsburg recently. The Irish rocker checked out the $2.85 million penthouse unit for sale at
Deals & Dealmakers
Daniel Z. Nelson, Mitchell-Lama champion, dead at 86
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DANIEL Z. NELSON Daniel Z. Nelson, a champion of New York’s Mitchell-Lama housing program ,died on August 23, 2016 after complications due to a fall.
Retail
Retail corridors continue to bag top rents
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Demonstrating retailers’ continued interest in New York City’s hot retail market, ground floor asking rents for available retail space in Manhattan’s prime
Construction & Design
Search launched to find architects to design new Women’s Building
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A global search has been launched to find the architects who will transform the former Bayview women’s prison in New York into The Women’s Building, a
Construction & Design
EPA puts dry cleaners on notice and warns building owners and residents of chemical threat
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By Kristine M. MacWilliams, PE, Technical Director-Subsurface Investigation, and Douglas Newton, CPG, PG, National Client Manager, Partner Engineering
Banking and Finance
CHC bags hotel refiʼ
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CHC Capital has arranged $22,000,000 for the refinance of the Embassy Suites in Richmond, VA for Shamin Hotels. The loan was placed with a national lender
Deals & Dealmakers
Groups join forces to promote industry
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Around 30 real estate industry organizations, representing more than 10 million jobs, announced a ground-breaking collaboration to highlight the diverse
Residential
Hudson Yards effect driving development, apartment sales on Manhattan’s West Side
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As the pieces of the city’s next big neighborhood begin to come online, nearby developments and businesses are reaping in the benefits of being so close
ICSC RECon
Faith Consolo’s guide to getting the best out of RECon
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By Faith Hope Consolo Chairman, The Retail Group, Douglas Elliman Real Estate It’s here — well, almost! Most of us who regularly attend the International
Debt & Equity
Meridian arranges Brooklyn multifamily construction loan
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Meridian Capital Group arranged $11.3 million in financing for the construction of a multifamily development in Brooklyn, NY on behalf of Residential Development Group.