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Savanna completes $20M Falchi Building makeover, offers 95,000 s/f office space
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Savanna announced the completion of a $20 million capital improvement plan at the Falchi Building, a five-story 736,407 s/f office and retail building
Construction & Design
JV to build 1.3M s/f Sunset Park distribution hub
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The partnership of Bridge Development Partners and DH Property Holdings, along with equity partner Banner Oak Capital Partners, announced that it has acquired
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ON THE SCENE: Avison Young announces tri-state investment sales group, sale of $3.2 million Putnam development site
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AGENTS Avison Young announced its Tri-State Investment Sales Group has been named the exclusive agent for the sale of 116 Elizabeth Street and 132 Bowery, two
Featured
REBNY optimistic about city’s way forward
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By John Banks, REBNY president Last year was a another successful one for New York City, which continues to enjoy a booming economy, record job growth
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Extell names a new president and CEO
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Extell Development Company announced that Sush Torgalkar has been named as the company’s President and CEO. Gary Barnett, owner and founder of Extell
Deals & Dealmakers
RSA says it won’t evict tenants whose rent isn’t paid during government shutdown
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The landlords of one million New York City apartments will give their tenants a pass when they don’t pay rent this week. In an unprecedented move, the
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Fertility pioneers double their footprint at GLLʼs restructured 4 Columbus Circle
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In a transaction arranged by CBRE, New Hope Fertility Center, a medical practice founded by Dr. John Zhang, signed a 74,505 s/f office renewal and expansion
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REBNY throws support behind new office to protect vulnerable tenants
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Mayor Bill de Blasio announced the creation of the Mayor’s Office to Protect Tenants during his State of the City address on January 10.
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Climate change demands shift in responsibility for AEC industry
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By Gunnar Hubbard, FAIA, LEED Fellow The latest climate report by the United Nation’s Intergovernmental Panel on Climate Change (IPPC) anticipates that
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Riese funds joint ventures as Cuomo backs cannabis
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Dennis Riese has soured on the food trade and developed a taste for marijuana. The chairman and CEO of The Riese Organization – which at its height was
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Silverstein signs fintech firm to 136,000 s/f
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Silverstein Properties Chairman Larry Silverstein announced that the company has signed a lease with Hudson River Trading (HRT), a pioneer in the fintech
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Related, Hudson say new Roosevelt Island tower will be 100 percent affordable
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Related Companies and The Hudson Companies announced plans to bring 340 new units of affordable housing to Roosevelt Island. Sixty percent of 460 Main