Debt & Equity
After 18 years, Moinian takes control of 3 Columbus Circle with help of $595M loan
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The Moinian Group has come full circle on 3 Columbus Circle, having closed on a $595 million CMBS loan from J.P. Morgan and Deutsche Bank to refinance
Deals & Dealmakers
Rental builders feel financing squeeze over 421-a expiration
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Two weeks after the expiration of the 421-a tax program, the effects of its demise are starting to be felt, and developers claim that it has put the squeeze
Leases
LEASES: Helmsley Spear brokers new retail lease in FiDi
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NEW YORK Helmsley Spear has brokered a new retail lease in FiDi, totaling 4,170 s/f at 83 Maiden Lane with the restaurant and brewery known as MezCali.
Deals & Dealmakers
ON THE SCENE: GFI Realty marketing Kent Street site; Simone buys industrial property
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THIS WEEK’S SALES AND EXCLUSIVE ASSIGNMENTS IN THE MIDDLE MARKET SECTOR AGENTS GFI Realty Services has been named the exclusive sales agent for 237, 245 &
Construction & Design
RYBAK secures $47M construction finance for Coney Island development
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The Carlton Group announced that managing director Ruth Barone has arranged $47.5 million in financing for RYBAK Development to support construction of
Residential
d’Orsay condominium a tour de force on West 14th street
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The d’Orsay, a French-inspired condo development in Chelsea, is banking on name recognition, among other things to appeal to buyers. The property, which
Deals & Dealmakers
WHO’S NEWS: CBRE Announces Meghann Martindale, has joined the company as Global Head of Retail Research
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Castle Lanterra Properties (CLP), a real estate investment firm, announced the expansion of its team with the hire of three senior professionals who
REBNY Watch
NIMBYism will only exacerbate city’s housing crisis
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It seems like affordable housing is everyone’s number one priority until there are plans calling for it to be built in their neighborhood.
Retail
Olshan is the Main Event as Las Vegas goes live
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Olshan Properties CEO Andrea Olshan told ICSC-TV that experiential retail is the biggest trend in evidence at this year’s conference.
Deals & Dealmakers
Talent agency ICM Partners takes 35,000 s/f at Park Avenue Tower
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Equity Office announce the lease signing of its newest tenant and one of the world’s largest talent and literary agencies – ICM Partners – within luxury
Debt & Equity
JLL arranges $32.5M SJP refinancing deal
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JLL Capital Markets team has completed the refinancing of the 310,000 s/f Somerset Corporate Center IV in Bridgewater, N.J. JLL secured a $32.
Deals & Dealmakers
Related files permits for 23-story resi building near the High Line
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Related Companies is moving forward with plans to build a residential tower near the High Line. Related filed a foundation permit application for a four-story