Debt & Equity
Developers fund Chetrit condo, hotel buy with $76M MRC loan
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Chetrit co-owned the property with Read Property Group. Madison Realty Capital (MRC) provided a $76 million financing package, that included both an MRC
Construction & Design
Grass has big role at new concert hall
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The roof muffles noise and provides a home for bees. A unique green roof system is bringing peace to Brooklyn residents while providing a home for bees.
Construction & Design
Cityʼs newest community puts focus on affordable green living
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More than 250,000 watts of power will be generated from rooftop solar panels. One of the largest mixed-use, mixed-income projects underway in New York
Deals & Dealmakers
Incentives tempt agency to DUMBO
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Current Real Estate Advisors announced that thelab, a global creative branding agency, signed a 42,452 s/f 15-year lease at 175 Pearl Street, in Dumbo.
Construction & Design
De Niro movie studio is a BIG blockbuster
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Bjarke Ingles has designed a “vertical village” film studio in Astoria. The dynamic Bjarke Ingles has stamped his mark on the film industry with a blockbusting
Deals & Dealmakers
ON THE SCENE: Invictus Property Advisors announces the sale of 135 West 126th Street
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AGENTS The Corbin Group at Rosewood Realty has been retained to sell a block through property at 421 East 161st Street. The proprety is 165 ft.
Debt & Equity
Banking syndicate signs off on loan
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Amerant provided a $49 million first mortgage loan to finance Kingswood Center II, a five-story, 109,623 s/f, mixed-use property located at 1715 East 13th
Legal Viewpoints
2019 Tenant Protection Act: The pendulum has swung too far
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By Luise A. Barrack LUISE A. BARRACK Clearly, there has been nothing as controversial for decades in New York’s real estate community than the passage
Green Building
ConEd commends its customers whoʼre getting their green on
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Con Edison this week welcomed participants from around the world and around the corner for Climate Week NYC 2019, which runs through Sept.
Deals & Dealmakers
Funds available for building owners who conserve water
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With a goal of reducing water consumption by 20 million gallons per day, the city is urging property owners to take advantage of funding for water conservation
Deals & Dealmakers
Jamestone getting into cannabis biz with new retail partnership
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Greenlane Holdings, one of the largest global sellers of cannabis accessories, CBD and liquid nicotine products, has struck a tenant representation agreement
Construction & Design
Owners facing $20B bill to meet climate change laws
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The city’s new carbon emissions laws are set to cost the real estate industry some $20 billion over the next decade. And as a retrofitting program