Deals & Dealmakers
Report: Manhattan office market rebounds after 2016 slowdown
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CBRE released a Manhattan Market Update for the first half of 2017. The report shows that the 2017 Manhattan office market has rebounded from the slowdown
Retail
IN PICTURES: Buchbinder & Warren showcases 601 Madison retail flagship
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601 Madison was previously occupied by Armani Buchbinder & Warren Realty Group hosted an open house at 601 Madison Avenue to showcase the firm’
Construction & Design
NYC construction starts top $32B in 2016
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The value of New York City construction starts reached $32.2 billion in 2016, a decline of 22 percent from 2015, according to a New York Building Congress
Deals & Dealmakers
Blackstone Group buys 1140 Sixth Avenue
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1140 Sixth Avenue, PropertyShark By Daniel Geiger The Blackstone Group has acquired the mortgage note to 1140 Sixth Avenue, according to sources.
Deals & Dealmakers
Normandy acquires additional 19 percent stake in 80 Maiden Lane for $54M
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Normandy Real Estate Partners has increased its stake in 80 and 90 Maiden Lane, according to documents filed with the city. Photo via LETA Architecture’
Deals & Dealmakers
Wells Fargo in talks for 250,000 s/f at 150 East 42nd Street
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PropertyShark By Daniel Geiger Wells Fargo is in talks to lease a roughly 250,000 s/f block of space at 150 East 42nd Street in which to relocate and consolidate
Residential
DONE DEALS: Goldstein’s buyers thinking ahead
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ARI GOLDSTEIN AN LA couple was thinking ahead when they scooped up a Northside Piers condo for $1.39 million. MNS agent Ari Goldstein said the floor-to
Deals & Dealmakers
BBG acquires fourth firm in ten months
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BBG, an independent commercial real estate valuation, advisory and appraisal firm, has acquired Trager Property Advisors, a San Antonio-based commercial
Construction & Design
Shawmut completes Peter J. Tobin College renovation
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Shawmut Design and Construction announced its completion of the renovation and expansion of the Peter J. Tobin College of Business on the Queens Campus of St.
Construction & Design
Developer partners with church group to rehab homes
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Exact Capital has renovated and preserved 650 affordable residential rental units and 25 stores in 29 buildings located in Central Harlem between 113th
Deals & Dealmakers
Stacoms, Zuccotti to win top honors at REBNY’s annual banquet
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As the Real Estate Board of New York’s 120th Annual Banquet fast approaches, the organization has announced the recipients for top honors due to their
Views
Hotel conversions on hold as city, owners ponder next move
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By Adelaide Polsinelli, vice chairman, Compass 2019 will bring a new round of debate over Local Law 50, a law that limits the conversion of all or part