Deals & Dealmakers
HFF backs New Jersey condo development with $25M loan
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Holliday Fenoglio Fowler announced the $24.8 million financing for the development of 30 Court, a 58-unit condo community in downtown Morristown, New Jersey.
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Retail
ATCO welcomes LʼOccitane to Fifth Avenue
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ATCO Properties & Management has signed a 3,378 s/f lease with natural beauty and cosmetics retailer, L’Occitane En Provence, at 555 Fifth Avenue.
Featured
Developer quiet on Skelos arrest
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Glenwood Management is hunkering down following new revelations company executives were embroiled in the Dean and Adam Skelos scandal. Dean Skelos, the
Construction & Design
NEW DEVELOPMENT: Tadao Ando’s first residential building in NYC; d’Orsay tops out
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● SUNAIDA & KHURANA  Architectural first tops out in Nolita Sumaida + Khurana announced the topping out of 152 Elizabeth, Pritzker Prize winner Tadao
Residential
WHO’S NEWS: Douglass Elliman adds two, Terra hires development veteran
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Terra Development Marketing, the parent company of Halstead Property Development Marketing (HPDM) and Brown Harris Stevens Development Marketing (BHSDM)
Deals & Dealmakers
Stringer: NYC’S low wage job gains not enough to grow economy
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Strong gains in private-sector payroll jobs helped New York City’s economy grow by an estimated 3.4 percent during the first quarter of 2016, significantly
Featured
Florida’s hot again
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New Yorkers back to buying in the Sunshine State Developments such as 1000 Ocean are back in vogue with Manhattanites looking for a second home.
Deals & Dealmakers
Gotham launches hospitality, asset management divisions
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Gotham, the New York real estate developer, has launched two new business divisions. Gotham Properties is a a new property and asset management division
Construction & Design
State awards contracts for new energy-efficent retrofit solutions
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The New York State Energy Research and Development Authority (NYSERDA) has awarded six design contracts for scalable energy-efficient retrofit solutions
Featured
Foreign homebuyers’ retreat from U.S. properties may only be temporary
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With the one-two punch provided by the strong dollar and the volatility in financial markets, the United States’ appeal to foreign homebuyers was expected to wane.
Deals & Dealmakers
Selling Points: Brooksville, Rockpoint partner up in Princeton, Fruchthandler nabs Bronx buildings
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● HFF Brooksville, Rockpoint partner on Princeton buy A joint venture between Boston-based Rockpoint Group and Andrew MacArthur’s Brooksville Company