Residential
Another blockbuster sale at 220 Central Park South
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Vornado has closed on another blockbuster sale at its Robert Stern-designed 220 Central Park South tower. AEH Jay Corp., a company linked to one of Hong
Deals & Dealmakers
RFR closes on $350M deal for 522 Fifth; plans custom office
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RFR announced it has closed on 522 Fifth Avenue in a $350 million transaction. The 23-story office tower is located at 44th Street among New York City’s
Featured
Anyone for Picketball? New facility to open for fast-growing sport
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NAI DiLeo-Bram & Co. announced that Marc Shein, Senior Vice President, recently completed an 11,200 s/f lease for Flemington Pickleball Club, LLC at
Debt & Equity
Nuveen adds $500M to multifamily, industrial funds
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Nuveen Real Estate, one of the world’s largest real estate investment managers, has raised an additional $500 million across its U.S. Cities Multifamily Fund and U.
Deals & Dealmakers
Investment brokers launch own firm with $54M deal
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Former Garrison Investment Group brokers Andy Kwon and Eric Rosenthal have launched their own firm with a $54.5 million acquisition. Machine Investment
Debt & Equity
Matrix Development refinances New Jersey industrial property portfolio
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Holliday Fenoglio Fowler has arranged a $24.6 million refinancing for a two-property industrial portfolio totaling 470,866 s/f in Franklin and Monroe, New Jersey.
Debt & Equity
Changes in HUD regulations inject new life into reverse mortgages
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By Frank Melia, Business Development Manager, Quontic Bank It’s hard to recall a more beleaguered financial product than the reverse mortgage.
Views
How security assessments can help mitigate complex threats
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By David C. Burroughs, vice president of Lemire LLC In the aftermath of 9/11, property owners throughout New York City smartly invested millions to secure
Residential
Realtor.com to launch New York-centric listing feature
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As more prospective home buyers turn to the Internet for their shopping needs, the world of digital listings is heating up, with some brokerages racing
Deals & Dealmakers
Report: US dominates world’s top tech destinations
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Austin is the world’s foremost ‘tech city’, offering the infrastructure, business environment, talent pool and lifestyle to make it a strong base for tech
Construction & Design
Brookfield unveils $400M makeover for 666 Fifth
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Brookfield Properties today unveiled the first renderings of a new-look 666 Fifth Avenue. The company has retained Kohn Pedersen Fox Associates (KPF) to
Featured
Brother-sister broker duo find success joining forces
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Real estate dynasties are ingrained in the fabric of real estate in New York City, from commercial to residential. Sons and fathers, mothers and daughters