Deals & Dealmakers
IDA okays incentives for mixed-use Harrison project
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The Westchester County Industrial Development Agency (IDA) has approved financial incentives for a $76.8 million transit-oriented, mixed-use residential
REBNY Watch
REBNY to honor Bernard Warren
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On January 17, 2019, at our 123rd Annual Banquet at the New York Hilton Hotel in Midtown Manhattan, we will have the great honor of presenting our dear
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Gilmartin brings Aussie money in for first ground-up project
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L&L MAG, the new real estate development firm launched earlier this year by MaryAnne Gilmartin with L&L Holding Company founders David Levinson
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Former construction execs stole $15M through bid-rigging
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Former executives of Turner Construction and Bloomberg LP have been charged with bid-rigging and commercial bribery in a scheme that prosecutors say netted $15 million.
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Harbor JV pays $260M for New Rochelle apartment tower
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Jordan Slone’s Harbor Group has partnered with NYC-based Azure Partners on the $260 million purchase of a New Rochelle apartment property.
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Experts warn next recession around the corner
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Business is booming in America. The economy is on a record tear, corporate profits are soaring and unemployment is at historic lows — there are more jobs
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Connecticut lender funds Denver townhouse development
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Greenwich, CT-based Knighthead Funding has originated a $10 million non-recourse loan for the construction of a Denver townhouse development.
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City piling on industry with flurry of new bills
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A crush of new legislation at City Hall could reshape the way landlords do business and raise the stakes on procedures as minute as filing paperwork.
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L&L tops out 425 Park Avenue
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L&L Holding Company Chairman and CEO David W. Levinson and President and Chief Investment Officer Robert Lapidus were joined by Pritzker Prize-winning
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East New York megachurch to build mega living space
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Christian Cultural Center has teamed up with Gotham Organization to redevelop their East New York campus into a mixed-income community of 2,100 affordable
Deals & Dealmakers
Square Mile provides $71M for condo stabilization
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Square Mile Capital Management announced that it has originated a $71 million loan secured by The Rennie, a newly-built condominium building located in
Deals & Dealmakers
Square Mile funds $161M One Broadway loan
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Square Mile Capital Management has originated a $161 million loan secured by One Broadway, a 12-story office building adjacent to Battery Park in Downtown Manhattan.