Deals & Dealmakers
The Algonquin Hotel sells for $82 million
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The Algonquin Hotel By Daniel Geiger Cornerstone Real Estate Advisors has acquired the Algonquin Hotel for $82 million, according to people with direct
Deals & Dealmakers
State announces $16.5M in affordable housing grants
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Governor Andrew M. Cuomo announced more than $16.5 million has been awarded for the construction of 240 new units of affordable housing across New York State.
Construction & Design
One World Trade Center rising on “super concrete”
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The multi-reinforced steel core supports the new 1 WTC By Herbert Margrill The concrete core of the new One World Trade Center Tower has now ascended above
Debt & Equity
Naftali platform closes on $50M mezz package for Central Park condo
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Naftali Credit Partners, a subsidiary of Naftali Group, has closed a $50 million mezzanine loan for the construction of 145 Central Park North.
Deals & Dealmakers
RECon kicks off in Las Vegas
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By Sarah Trefethen LAS VEGAS – Retail brokers, shopping center owners, developers, investors and a host of other professionals have flooded into
Construction & Design
JCS Construction uses geothermal wells in CT project
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The firm had been approved to drill 12 geothermal wells. JCS Construction Group, Inc. has broken ground on 409 Greenwich Avenue, a three-story, 12,000
Residential
Divas put best high heels forward with new real estate venture
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Author E. L. James and Lyss Stern, at an event recently held in the Carriage House’s Penthouse. Photo by Heidi Green Divalysscious Moms (Divamoms), the
Construction & Design
Green light for 3D safety program
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Robert LiMandri launched the 3D initiative during the Build Safe/Live Safe Conference at the Marriott Marquis. Buildings Commissioner Robert LiMandri last
Construction & Design
Lightstone names design winners
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The Lightstone Group announced the winners of its “Space Forward: Ideas Competition.” Designed in conjunction with its branding partner CO OP, the competition
Deals & Dealmakers
NAIOP honors New Jersey leaders at Hall of Fame celebration
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NAIOP New Jersey members were recently honored for their outstanding leadership, advocacy and career accomplishments at the chapter’s Annual President’s
Deals & Dealmakers
Midtown site back on block
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347 Madison Avenue. Photo courtesy PropertyShark.com By Orlando Lee Rodriguez The Metropolitan Transit Authority plans to lease the land underneath its
Deals & Dealmakers
On The Scene: TerraCRG retained in Brooklyn, CPEX active
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AGENTS: EPIC Commercial Realty has been retained on an exclusive basis to broker the sales of 81-83 Vanderveer Street in Bushwick, Brooklyn.