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Fashion factory plan for Garment District
09
The city is looking for someone to create a fashion factory in the Garment District. The Economic Development Corporation just issued a Request for Expressions
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C&W, Colliers tapped to lease repositioned 554 Eighth Avenue
011
Cushman & Wakefield and Colliers International have been retained to market 554 Eighth Avenue, a 325,000 s/f office building on the southeast corner
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Silverstein becomes latest owner to step into lending sector
09
Silverstein Properties (SPI) has launched a real estate lending joint venture called Silverstein Capital Partners. As banks have tightened their own CRE
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NJ developer buys Newsday headquarters for $54M, plans logistics hub
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A New Jersey real estate company has purchased the Newsday’s Long Island headquarters for $54.5 million. Hartz Mountain bought the 48.3-acre site in Melville
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Naftali platform closes on $50M mezz package for Central Park condo
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Naftali Credit Partners, a subsidiary of Naftali Group, has closed a $50 million mezzanine loan for the construction of 145 Central Park North.
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MRC lends Jersey developer $258M to build new homes
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Madison Realty Capital (MRC) closed a $258 million loan facility for an 1161-unit multifamily development portfolio owned by Jack Klugmann’s Accurate Builders
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City launches $100M effort to make New York cyber security capital of world
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The city has launched a $100 million effort to turn New York into the cyber security capital of the world. It will open up a 15,000 s/f cybersecurity center
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Hot-pot joint signs lease on Roosevelt Island Main Street
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This winter, Roosevelt Islanders will be able to warm themselves with a tasty treat on the island’s main drag. Liukoshui, a Chinese hot-pot restaurant
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Fashion and photography to meet at SoHo coworking space
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A fashion, photography and design coworking space is taking on the city with its first location in SoHo. VillageOne, a coworking company that will feature
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How Severud engineers are going to lift historic Palace Theater as part of $2B retail development
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In a first in the United States, a theater will be permanently raised off the ground and tucked into the new $2.5 billion TSX Tower in Times Square.
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Big-hearted Benzilio is socking it to ʼem
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After more than 30 years in the real estate industry, Roberta Benzilio wanted to contribute something else to the world outside her successful career.
Residential
New Development: Full-floor lofts released at 1010 Park, sales launch at 21 Powers
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● EXTELL DEVELOPMENT COMPANY Full floor lofts released at 1010 Park Extell Development Company has debuted 1010 Park Avenue, its Upper East Side boutique