Deals & Dealmakers
Rechler not running for office but not running from the issues either
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Everyone was thinking it; she just said it out loud. After Scott Rechler, chairman and CEO of RXR Realty, delivered a stump-worthy spiel about affordable
Deals & Dealmakers
Report: US dominates world’s top tech destinations
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Austin is the world’s foremost ‘tech city’, offering the infrastructure, business environment, talent pool and lifestyle to make it a strong base for tech
Deals & Dealmakers
Selling points: Clinton Hill buildings sell for $35M, Rhodium buys apartments for $30.5M
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BESEN & ASSOCIATES Pair of Clinton Hill buildings sell for $35M The Corbin Group at Besen & Associates and MYC & Associates is pleased to announce
Deals & Dealmakers
BlackRock signs deal to anchor 50 Hudson Yards
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50 Hudson Yards rendering Related Companies and Oxford Properties Group this morning unveiled the design for 50 Hudson Yards with news that investment
Deals & Dealmakers
Jamestown buys Bronx office building
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Acadia Realty Trust has sold a Class A office building in the Bronx for $115 million. Holliday Fenoglio Fowler (HFF) announced the sale of 260 East 161st
REBNY Watch
BANKS: A Garment District plan that fits like a glove
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New York City’s Garment District has traditionally been the epicenter of the apparel industry for the whole world. A national decline in apparel jobs
Debt & Equity
Knighthead starts lending in California markets
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KH Funding CA, LLC, an affiliate of Connecticut-based Knighthead Funding, LLC, a newly licensed lender in California, has originated its first three loans
Deals & Dealmakers
BRP files plans for Harlem lot involved in deed change controversy
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BRP Companies has filed plans to build a seven-story residential building at 847 St. Nicholas Avenue in Harlem. Photo via Google Street View The lot, which
Deals & Dealmakers
Scissura has eye on future as he gets busy at NY Building Congress today
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The new head of the New York Building Congress (NYBC) is bringing an outer borough mentality to the 96-year-old organization, focusing on bringing in members
Retail
Target to open third Manhattan location at 10th Avenue
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RKF arranged a lease with Target to anchor the retail component of a new apartment tower at 615 Tenth Avenue in Hell’s Kitchen. Photo by Mike Mozart/ Flickr
Deals & Dealmakers
Report: Lower Manhattan vacancy drops to lowest number since 2014
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Lower Manhattan is the strongest commercial leasing market in NYC, according to a new report. The neighborhood experienced its highest year-to-date leasing
Construction & Design
SWAP SHOP: Investors mull retail to industrial conversion
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As online shopping continues to cut into traditional retail, some desperate shopping centers are also contemplating a switch to ecommerce.