Construction & Design
Proposed zoning targets 21st century jobs in industrial North Brooklyn
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The de Blasio Administration wants to open North Brooklyn for business. Zoning changes may soon be coming to the borough’s industrial northwest corner
Deals & Dealmakers
Lower Manhattan reaching new heights as developments take shape
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By Holly Dutton Lower Manhattan leasing has surged to highs not seen since pre-recession days in 2006, while employment rates reached 2003 levels.
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Vintage tower still the toast of downtown
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For most New Yorkers, hunting down the perfect cocktail bar might involve lots of querying — search engines, friends, co-workers, the dreaded glut of year-end “best” lists.
Debt & Equity
HFZ funds fintech venture upturning security deposits
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Obligo Inc., a financial technology company serving the real estate market, has completed a $5 million financing round. Obligo has developed a new financial
Construction & Design
Skyway could ease commuter crunch
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Rendering of the proposed skyway A proposed East River Skyway could ease commuter congestion between Manhattan and the booming Brooklyn market.
Deals & Dealmakers
Loans Round-up: New Empire scores $41.5M loan for 47th Street project
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Rosenberg & Estis Counsel for Emerald Creek Rosenberg & Estis, P.C., served as legal counsel for lender Emerald Creek Capital in a one-year bridge
Featured
Ellipse brings LeFrak full circle in Newport
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LeFrak’s latest Jersey City high rise is part luxury rental tower, part ocean liner. Between the Hudson River lapping up against the pier, the gentle tink-tink-tink
Deals & Dealmakers
Hofstra brings Breslin into legal fold
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Hofstra University is expanding its law program to meet demand for more attorneys skilled in navigating the challenging and changing real estate market.
Debt & Equity
Transactions: Meridian refis Chinatown property, Love closes $6.8M for assisted living center
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Meridian Capital Group announced the following transactions: $3.6 million for the refinance of a commercial property located in Chinatown.
Retail
Equinox takes 44,000 s/f at 315 Park Avenue
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Columbia Property Trust has signed Equinox to a 20-year lease for 44,458 s/f at 315 Park Avenue South. The lease, which is expected to commence in May
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Featured
Eckardt has remote control as real estate disruptor makes U.S. push
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Eric Eckardt is not a typical real estate executive, but then again, his employer, Purplebricks, is hardly a traditional real estate company.