Deals & Dealmakers
AROUND TOWN: upcoming events you need to know about
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NYARM Tour July 17: The New York Association of Realty Managers presents A Tour/Seminar of the mechanical systemsspecifically the two 650 ton tuned mass dampers.
Construction & Design
Next phase of mixed-use Riverbend District underway
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The partnership of Advance Realty and DeBartolo Development celebrated two major milestones in the continued creation of the Riverbend District in Harrison
Deals & Dealmakers
Savills inks expansion for Innocence Project
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Savills completed a lease renewal and expansion for nonprofit organization The Innocence Project at GFP Real Estate’s 40 Worth Street in Lower Manhattan.
Deals & Dealmakers
Rockefeller leases 138,000 s/f to Blank Rome
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Rockefeller Group announced that Blank Rome has leased 138,000 s/f in 1271 Avenue of the Americas, the 48-story skyscraper built in the modern expansion
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Featured
Silverstein, Durst celebrate Lower Manhattan milestone
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Private-sector employment in Lower Manhattan has swelled to 251,224 employees, rebounding beyond pre-9/11 levels, according to the Alliance for Downtown
Debt & Equity
Westchester IDA okays incentives for $200M Rose development
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The Westchester County Industrial Development Agency (IDA) has approved a plan to provide financial incentives for a $203 million mixed-use residential
Construction & Design
Camber, PRC open South Bronx affordable housing complex
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Property Resources Corporation (PRC) and Camber Property Group held a ribbon cutting ceremony for two new buildings in the South Bronx that deliver 200
Deals & Dealmakers
KRE secures $50M to build new Bayonne bedroom community
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KRE Group announced that it has closed on a $45 million, three-year construction loan, in addition to a $5.4 million pre-development loan, to build a new
Construction & Design
New Jersey office center in different class
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Magnico Contracting, the New Jersey-based construction services company led by Moshe Braude, is nearing completion of a major interior renovation of Ramsey Office Centre.
Deals & Dealmakers
NJ developer buys Newsday headquarters for $54M, plans logistics hub
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A New Jersey real estate company has purchased the Newsday’s Long Island headquarters for $54.5 million. Hartz Mountain bought the 48.3-acre site in Melville
Debt & Equity
BBG buys Jerome Haims appraisal firm
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Consolidation continues to reshape the commercial appraisal industry as BBG, a national advisory, has purchased Jerome Haims Realty, an independent New York firm.