Featured
How Amazon HQ2 Will Affect Long Island City
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By James Nelson Principal, Head of Tri-State Investment Sales Avison Young This month for The Nelson Report I wanted to explore the implications of the
Deals & Dealmakers
Knotel powering into New Year with 80,000 s/f in deals
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Knotel, the agile workspace provider, has finalized new office space deals totaling 78,780 s/f in Manhattan. In the largest transaction, Knotel agreed
Featured
Out of Reach: Millennials face difficult road to home ownership
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Younger families are finding it increasingly difficult to turn their American Dreams into realities. During the past decade, the number of families with
Deals & Dealmakers
Boom and gloom in market reports: Brooklyn is up, Manhattan rents are down
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This week’s collection of market reports show contrasting fortunes for different segments of the city’s real estate market. The positive news is that Brooklyn
Residential
HAVE YOU HEARD: Billionaire money manager closes on $60.8M apartment purchase; Investor flipping Trump’s childhood home
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BILLIONAIRE money manager Lew Sanders closed on the biggest New York apartment sale of December. His $60.8 million purchase of #88 at 432 Park is the second
Debt & Equity
G.S. Wilcox closes on $24M mortgage for AL, NC hotels
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G.S. Wilcox & Co. announced that Gretchen S. Wilcox, president, and Al Raymond, principal, have arranged a $24,000,000 first mortgage for three hotels
Residential
Have You Heard? Meryl Streep’s penthouse hits market, Serhant lists BK condo
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One of the most expensive penthouses to hit the Brooklyn market has just been listed at $7.715 million by Ryan Serhant of NestSeekers. The author and celebrity
Residential
DONE DEALS: Kobner is cool and calm on Washington Street
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Argo Real Estate’s Harold Kobner said it was no surprise to him when his listing at 471 Washington Street closed within 12 days. “This expansive
Featured
Industry keeps up pressure as commission cap row rages
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A bill proposing capping the commission of New York’s rental agents could be “reframed” following backlash from the industry. DAVID SCHLAMM “The
Deals & Dealmakers
On the Scene: Asset CRG sells Bronx development site, CBRE arranges NJ tech park sale
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Asset Commercial Realty Group announced the sale of 1306-1310 Findlay Avenue, a development site in the Mount Eden section of the Bronx.
Debt & Equity
FCP grows structured investment with $100M mutlifamily stake
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FCP announced a $100 million preferred equity investment with Fairfield Properties to acquire a seven-property multifamily portfolio containing 1,496 units
Deals & Dealmakers
Johnson appeals to real estate world with non-partisan promise
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Just three weeks into his new role as speaker of the City Council, Corey Johnson made his pitch to the construction industry as the official who will help