Residential
WHO’S NEWS in residential real estate
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Hicham Elkerdoudi Compass announced that agent Hicham Elkerdoudi has joined the company. An expert in new development and investment properties, Elkerdoudi
Deals & Dealmakers
ON THE SCENE: NKF tapped for Bronx lots, Rosewood sells Harlem townhouse for $3.75M
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AGENTS Newmark Knight Frank (NKF) has been selected to manage the sale of more than 44,000 s/f of land spanning two vacant lots in the east Bronx neighborhood
Technology
Corelogic getting better ID
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CoreLogic, a property information, analytics and data-enabled services provider, announced an expanded business relationship with ID Analytics to apply
Deals & Dealmakers
Lawmakers want Commercial Rent Tax exemption for small businesses
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By Maria Rocha-Buschel Local elected officials gathered at City Hall to announce legislation that would exempt almost 4,000 local businesses in Manhattan
Property Managers
Blackstone launches Stuy-Town management company; CompassRock loses second contract
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Three months after taking over the property, Blackstone has announced the name of its own recently formed management company that will handle the day-to-day
Residential
NEW DEVELOPMENT: New modernist skyscraper from RFR and Vanke; Moinian introduces Oskar
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● RFR REALTY / VANKE Gallery homes unveiled One Hundred East Fifty Third Street, the new modernist skyscraper from RFR and Vanke has unveiled its collection of lofts.
Debt & Equity
Investors, developers at the ready as Opportunity Zone guidance nears
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Investors and developers are poised on their starting blocks, ready to sprint into the country’s many designated Qualified Opportunity Zones just as soon
Construction & Design
Report: Most new apartments concentrated in Brooklyn, Queens
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Queens or Brooklyn are braced for a rush of new apartment units as developers target the two boroughs over the others. According to a new report from Localize.
Debt & Equity
Pension funds in multi-billion dollar logistics play
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Two of Canada’s biggest pension funds announced a joint investment in Atlanta-based warehouse developer IDI Logistics. Ivanhoe Cambridge Inc.
Featured
Westchester apartment sales trend up as house-hunters hibernate
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A recent round of housing market reports focused on Westchester County shows that while single-family homes struggle to find a rhythm, the apartment market
Deals & Dealmakers
Boston Properties signs 300,000 s/f lease at 399 Park Avenue
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Boston Properties announced that it has signed a long-term lease for more than 300,000 sf with Millennium Management at its 399 Park Avenue property.
Deals & Dealmakers
Stakeholders see plenty of upside in Garment District rezoning
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Still bogged down with a lengthy rezoning process in the Garment District, the city has picked up new zoning projects in SoHo and NoHo. The Garment District