Deals & Dealmakers
Community gets more art
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A New York design collective will have a permanent space inside Hudson Yards. Snarkitecture, a three-man art and architecture curation group, will have
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Selling Points: GFI sells Prospect Park multifamily, Urstadt buys more shopping centers
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● GFI REALTY Family sells Prospect Park portfolio GFI Realty Services announced the $26.7 million sale of a two-building, multifamily portfolio in Prospect Park South.
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C&W partners with real estate tech accelerator, Plug & Play
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Cushman & Wakefield announced a partnership with Plug and Play, a global innovation and startup accelerator platform. The brokerage giant joins as
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REBNY to honor Helena Rose Durst with humanitarian award
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On January 17, 2019, at our 123rd Annual Banquet at the New York Hilton Hotel in Midtown Manhattan, we will proudly present Helena Rose Durst with the Kenneth R.
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IKEA assembling plans for city center stores as retail sector embraces change
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IKEA president of US property Angele Robinson-Gaylord kicked off the ICSC’s New York Deal Making event today with a speech about building for the future.
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Olayan Group looks to breathe new life into 550 Madison
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One of the city’s youngest landmarks is gearing up for a facelift. The Olayan Group wants to spruce up the street-level design of 550 Madison Avenue, formerly
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Hudson Yards announces array of new dining and beverage concepts
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Hudson Yards will bolster its food and beverage options, adding several new cafes, restaurants, and bakeries to its growing list of retail concepts.
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Eastern Union Funding advising shopping center owner on hunt for assets
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Marc Tropp, senior managing director of Eastern Union’s Bethesda, Md., office, is braced for a busy year with a national client seeking additional retail
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Manhattan retail asking rents continue to decline
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Manhattan’s most popular retail corridors experienced widespread asking rent declines in the fall of 2018. Out of the 17 high-profile corridors that the
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Another Batsu theater coming to St. Marks Place
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Raw fish and raw comedy are both coming to the East Village. Wara, a Japanese izakaya restaurant and dinner theater, will open in April 2019 at 67 First Avenue.
Construction & Design
Code Breakers: Death, injury and neglect in DOB’s October round-up
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New York City’s Department of Buildings has released its October 2018 enforcement report, which highlights the agency’s actions to punish bad actors in
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Implosions in NJ pave way for 1.6 million s/f of industrial space
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Lincoln Equities Group imploded a 175-foot smokestack and a 150-foot steel water tower to make way for their 1.6 million s/f warehouse project.