Construction & Design
Rechler preaches infrastructure risk and reward in public-private partnerships
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With doubts rising that the federal government will pitch in to fund major infrastructure projects, New York power brokers are examining other options
Construction & Design
NEW DEVELOPMENTS: Leasing starts at The Lewis, Sotheby’s takes reigns at Roslyn Landing
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● JOY CONSTRUCTION / MADD EQUITIES Leasing underway at The Lewis Douglas Elliman Development Marketing (DEDM) has launched leasing at The Lewis, the new
Deals & Dealmakers
RSA says it won’t evict tenants whose rent isn’t paid during government shutdown
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The landlords of one million New York City apartments will give their tenants a pass when they don’t pay rent this week. In an unprecedented move, the
Deals & Dealmakers
Carlyle Group moving to One Vanderbilt
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SL Green Realty Corp. has signed a 15-year lease for 94,367 s/f on floors 36-38 at One Vanderbilt Avenue, the 1,401 ft. office tower in East Midtown.
Featured
What tomorrow will look like on Manhattan’s new west side
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The Vessel, a sculpture by Thomas Heatherwick The first apartments in the newest neighborhood built in New York City just went on sale. And if early indications
Debt & Equity
Natixis provides $86M construction loan for new Sloan Kettering offices
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Natixis has provided an $86.25 million construction loan for for the built-to-suit Memorial Sloan Kettering office development at 330 East 62nd Street
Residential
NEW DEVELOPMENTS: Sales launch at Brooklyn Grove
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● ADAM AMERICA / SLATE PROPERTY Sales underway at Brooklyn Grove The Brooklyn Grove, a new 27-story, 184-residence condominium at 10 Nevins Street in Downtown
Deals & Dealmakers
Selling Points: Spaniards buy Moxy garage, TH Real Estate digs in on Chambers Street
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● Meridian Investment Sales Spaniards scoop up Moxy parking garage Meridian Investment Sales sold the parking garage condominium located in the Moxy Times
Debt & Equity
$725M loan to build one of the world’s tallest apartment towers
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The partners behind the newest Billionaires Row super-tower locked down $725 million in construction financing last week. The financing for 111 West 57th
Deals & Dealmakers
CVS opening 13,000 s/f store at renovated One Soho Square
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Stellar Management signed a retail lease with CVS Pharmacy for a prime corner at One SoHo Square, its Class A office building on the border of SoHo and Hudson Square.
Residential
DONE DEALS: Modica’s a lucky charmer
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According to Compass broker, Ralph Modica, who recently closed on a $1.59 million 2-bedroom in Williamsburg, it pays to be kind. The deal, which went $5,000
Deals & Dealmakers
WHO’S NEWS: Mack-Cali building gender, racial diversity on its board
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Mack-Cali Realty Corporation announced that its Board of Directors has increased from ten to 11 members and has nominated Lisa Myers and Laura Pomerantz