Debt & Equity
Extell bags tax breaks for $500M Yonkers development
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Extell Development Company has secured more than $21 million in tax incentives for a 1,400-unit residential development in Yonkers. Last week, the Yonkers
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Residential
Done Deals: East Harlem duplex breaks $1M mark, Hunter’s Point condo goes for $1.5M
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From Manhattan duplexes to a swanky new condo in Queens, these are some of the top done deals from the past week in residential real estate.
Deals & Dealmakers
Former MLB player Matt Colantonio enjoying second act in real estate’s big league
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In the winter of 2012, Matt Colantonio was living a double life. Then an associate at Massey Knakal, he had professional goals that went beyond deal sheets
Debt & Equity
Edison Properties lands $110M loan for Manhattan portfolio
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New Jersey firm Edison Properties has secured a $110 million loan for a three-building Manhattan portfolio, according to documents filed with the city today.
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Deals & Dealmakers
Kuafu Properties Acquires One MiMA Tower
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Kuafu Properties announced that it has agreed to acquire One MiMA Tower, the 151 luxury residences on the top 13 floors of Related Companies’
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Deals & Dealmakers
Imperial Companies lands $134.3M loan for Henry Hall rental tower
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Imperial Companies and the Shorenstein family have secured a $134.3 million loan for the Henry Hall rental building in Hudson Yards, according to city records.
Retail
Upscale eateries Dépanneur and Simó Pizza take TFC space at luxury 33 Bond
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TF Cornerstone and Winick Realty Group announced retail leases with Dépanneur and Simó Pizza at the base of TFC’s 33 Bond, a 714-unit luxury residential
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Views
NYSAFAH News: Glimpse of the future offers promise
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There is a new opportunity for New York’s leaders to make a difference in the lives of the millions of residents in desperate need of affordable housing.