Deals & Dealmakers
Borough president, City Council uncover deed restriction at Two Bridges
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Opponents of a slew of new skyscrapers in the Two Bridges neighborhood have filed a lawsuit claiming at least one developer shouldnʼt be building there.
Opinion
NYBC to launch new media campaign, tech initiative
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The New York Building Congress is set to launch a media campaign to let New Yorkers know how much the industry contributes to city life.
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CBRE tapped as co-leasing agent for Kaufmanʼs Gansevoort retail
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The William Kaufman Organization (WKO) announced that it has retained CBRE as co-leasing agent with Sage Realty Corporation to market 3,122 s/f of retail
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Biz leaders rally to address ban on natural gas delivery
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Westchester business leaders have launched a massive effort to solve a natural gas crisis brewing on their back door. Con Edison has announced that, effective
Construction & Design
Penn Station Access project to add four new stations on Bronx Metro-North line
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The Bronx and Manhattan will get a little closer after a plan to connect the two boroughs via Penn Station was approved by transit authorities last week.
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Oxford re-opens tower plaza after $30M fix
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Oxford Properties Group has reopened the interior public plaza at Olympic Tower following a $30 million redesign. The new design by MdeAS Architects creates
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Cosmetics importer opens on St Marks
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Shibuyala, a purveyor of imported beauty and healthcare products from Japan, has signed a lease for its first Manhattan location at 37 St.
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Paramount Assets buys Newark tower
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Paramount Assets has added another landmark property to its Newark commercial portfolio. The investment firm acquired 17 Academy Street, a 100,000 s/f
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Bright outlook for boutique office building sales in 2019
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By Jake Kaiser, director of sales, Goldenwood Property Advisors The last quarter of 2018 saw a flurry of activity in the Manhattan boutique office market.
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Carlton Group’s, Campbell leads charm offensive in hunt for financial outliers
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Michael Campbell, CEO of The Carlton Group, may helm one of the most successful real estate banking firms in New York City, but he still considers himself
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City unveils massive Gowanus rezoning plan
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The city has released details of a plan to rezone swathes of Gowanus to support new housing, jobs and green space. The proposal covers an area roughly
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Multifamily market makes a comeback
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Manhattan’s multifamily property brokers have started the new year in an upbeat mood as the latest market reports point to a recovery in the sector.