Deals & Dealmakers
DSA secures $161M in Essex Crossing loans
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Delancey Street Associates (DSA), a joint venture of BFC Partners, L+M Development Partners, Taconic Investment Partners, the Prusik Group and the Goldman
Retail
Winick tapped to lease for Daffy’s space on Columbus Circle
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3 columbus circle daffy’s rendering SL Green Realty Corp. and The Moinian Group have appointed the Winick Realty Group team of CEO Jeff Winick and
Debt & Equity
Eastern Union Funding lowers fees as brokerage barrels towards another record year
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Pioneering money broker Ira Zlotowitz has announced he will cap his company’s fee for the second time in a year as Eastern Union Funding barrels
Construction & Design
Tishman Speyer secures $1B in financing to build new Bjarke Ingels-designed Spiral
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Tishman Speyer has unveiled the BIG-Bjarke Ingels Group conceptual design for its planned 65-story tower at 66 Hudson Boulevard in Manhattan.
Debt & Equity
Investor lands $55M loan for purchase of Westcott in Stamford
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Eastern Union Funding arranged financing of $55.2 million for a private New Jersey-based investment group in support of their acquisition of The Wescott
Deals & Dealmakers
Marketing and investment firm Stagwell Group leases 84,000 s/f at One World trade Center
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The Durst Organization and The Port Authority of New York and New Jersey today announced The Stagwell Group LLC signed a 13-year lease for 83,955 square
Green Building
ConEd offering electricity incentives as gas moratorium drags on
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Con Edison is offering to pay natural gas users in Westchester to switch to electricity as the area endures a moratorium on gas. The utility said it will
Deals & Dealmakers
Tishman Speyer buys Hudson Yards site
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Tishman Speyer has assembled its second development site in the Hudson Yards district of Midtown Manhattan. The development site consists of 434-444 11th
Deals & Dealmakers
Eastern Union, Epic Commercial Realty form investment sales partnership
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Eastern Union Funding and Epic Commercial Realty announced a new collaboration that will see one of Eastern’s leading mortgage brokers locate within Epic’s offices.
Featured
De Blasio proclaims NYCHA facing its ‘worst financial crisis,’ unveils plan to raise funds with public land
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Mayor Bill de Blasio has just announced a 10-year public housing plan that aims to make major changes to the New York City Housing Authority.
Residential
WHO’S NEWS: Compass hires new COO; Former CNBC economist joins LeadingRE
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Compass has hired Maëlle Gavet as chief operating officer. Gavet will oversee technology, product, marketing, and other corporate functions, and will report
Featured
Tech startups look to turn heads at MetaProp Demo Day
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Seven tech startups with the potential to change the way real estate does business will showcase their products during the annual MetaProp Demo Day Thursday.