Deals & Dealmakers
Mack-Cali fends off activist investor strike
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Mack-Cali has said it has no plans to sell or break itself up but it will give activist investors two seats on its board in an effort to avoid a protracted proxy battle.
Residential
NEW DEVELOPMENT: One Clinton tops out; Savanna launches The Vandewater
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● THE HUDSON COMPANIES One Clinton tops out Hudson Co ONE Clinton March 26, 2019 © Julienne Schaer The Hudson Companies has topped out One Clinton, a 38-story
Views
Charter Revision can open new doors for affordable housing
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The ongoing review of the New York City Charter is an opportunity to make smart changes to our Land Use process and make it easier to deliver affordable
Debt & Equity
Investors Bank closes on $385M as lender continues to diversify
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Investors Bank reported that its commercial real estate (CRE) lending volume exceeded $2.48 billion for the year ending on December 31, 2018.
Debt & Equity
Asset manager using artificial intelligence to get ahead in New York’s investment sector
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Compound Asset Management, a New York City-based real estate asset management company, is partnering with Vanderbilt Appraisal to use artificial intelligence
Debt & Equity
Citigroup blows in with $48M for office portfolio purchase
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JLL Capital Markets team completed a $48.68 million loan to finance the acquisition of a portfolio of nine office buildings, totaling more than one million
Featured
Chera’s triple Crown of retail buys and leases
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Crown Acquisitions has purchased three retail properties in Brooklyn and Staten Island an inked deals with big name chains. The firm arranged leases with
Deals & Dealmakers
Aurora, Gottlieb welcome Starwood Capital to Meatpacking District tower
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Aurora Capital Associates and William Gottlieb Real Estate announced that Starwood Capital Group Holdings, a global private investment firm, signed a 14,258
Deals & Dealmakers
Bronx retail development welcomes nations largest kids doctor
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SD Urban Retail, a Manhattan-based owner and developer, announced that it has executed a lease with PM Pediatrics at its shopping center, The Shops on Broadway.
Deals & Dealmakers
RETAIL: Ralph’s returns to Manhattan, Bubble tea chain opens first US spot
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● CITY CONNECTIONS REALTY Crossfit owner finds new spot Crossfit SPOT owner Billy De La Rosa teamed up with Steve Asch and Jessica Viola of City Connections
Deals & Dealmakers
Government gets go-ahead to sell Iran-linked 650 Fifth
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In what has been called the largest terrorism-related civil forfeiture in US history, the government can sell a midtown skyscraper it says was controlled
Deals & Dealmakers
SELLING POINTS: Ursdtadt Biddle makes biggest purchase ever; BCB buys $81M Manhattan portfolio
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●URSTADT BIDDLE PROEPRTIES REIT makes $124M retail buy Urstadt Biddle Properties, the Greenwich, CT-based REIT, has paid $124.5 million for four New Jersey