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First office tenant signs at Brooklyn’s biggest development
08
Brooklyn’s biggest mixed-use development has signed its first office lease. City Point, the 1.8 million s/f mixed-use complex that includes retail, office
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Harlem son champions hood’s rough diamonds
07
Eugene Giscombe By Orlando Lee Rodriguez Anyone who knows New York City and its romance with baseball will tell you that in the 1940s and 50s, the fight
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$905M Starrett City sale a win-win, says broker
07
After nearly being derailed by familial infighting earlier this year, the sale of the nation’s largest subsidized housing complex closed last week for $905 million.
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DOT puts canine-friendly startup in the dog house
05
Brooklyn-born startup Dog Parker is being kept on a tight leash by New York City’s Department of Transportation (DOT). The hugely popular service brought
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Selling points: Madison Park Tower sold for $80M, Investor buys West Village property
05
Cushman & Wakefield Madison Park Tower sold for $80M Morgenstern Capital and TLM Equities, LLC have purchased Madison Park Tower for $80 million. Cushman &
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Madison closes Brighton Beach deal
07
Madison Realty Capital (MRC) announced the closing of $12.75 million in note financing for the third-party purchase of a defaulted note secured by the
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Apparel brand RYU to open at the Lewis Steel Building in Williamsburg
05
Athletic apparel retailer Respect Your Universe is opening at the Lewis Steel Building in Williamsburg. Photo via RYU’s Twitter page The Vancouver-based
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Stellar refinances multifamily apartment portfolio
07
Stellar Management has refinanced a seven-property portfolio with a $35.575 million loan from Astoria Bank. The deal includes a five-year term at a sub-three
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Partners secure $51M to convert coffee warehouse to tech hub
07
Holliday Fenoglio Fowler secured $51.175 in first mortgage financing for 1300 Flushing Avenue, a six-story warehouse and distribution building that will
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Banks diversify portfolios to offer booming industrial sector more options
07
By Joseph Orefice, Head of the Commercial Real Estate Lending Group, Investors Bank Significant demand for and development of warehouse and fulfillment
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JLL raises equity, secures loan for Brooklyn condo
07
JLL’s Capital Markets announced that the firm raised joint venture equity from a fund managed by The Davis Companies for a 12-story, mixed-use luxury residential
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Greystar buys Chelsea, Williamsburg buildings for $336M
07
South Carolina-based investment firm Greystar Real Estate has closed on $336 million in trades for two New York apartment properties. The company bought