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SELLING POINTS: Ginsburg scoops up lakefront community, Section 8 sells for $27M
07
● CBRE Ginsburg buys $54M lakefront community Ginsburg Development Companies (GDC) has acquired The Landing on Mohegan Lake, a lakefront rental community
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Retail brokers embrace market changes during Las Vegas convention
07
LAS VEGAS: After years of industry uncertainty, the future is starting to come into view for the nation’s retail experts. It’s one defined by technology
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SELLING POINTS: LIC hotel sold for $60M, Former Lucky Cheng’s spot goes for $12M
08
● LIGHTSTONE $60M LIC hotel purchase Lightstone has purchased the Hilton Garden Inn on 41st Avenue for $60 million from a group headed by Sagamore Capital.
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CBRE to manage renovation of NY Public Library building
06
MATTHEW VAN BUREN CBRE announced that its Project Management group is providing project management and cost consultancy services for the renovation of
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European exile finds peace at biggest real estate firm in world
07
Snezana Anderson, a senior vice president at CBRE, considers her place of employment as a shelter from occupational and personal hazards.
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SL Green inks two deals at 521 Fifth Avenue
07
SL Green Realty announced two new leases at 521 Fifth Avenue. NFP Corporate Services LLC, an international insurance broker and consultancy firm, has signed
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Chinese investors avoiding areas with many rent regulated apartments
07
Over the past few years, Chinese investors have been aggressive in commandeering New York City real estate. In 2014, the country accounted for about $6
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CBRE arranges $53M loan for Connecticut multifamily properties
07
CBRE’s Debt & Structured Finance (DSF) team procured a $53.5 million loan for two Class A multifamily properties in Norwalk, Conn.
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ON THE SCENE: B6 Real Estate Advisors retained as exclusive agents for auction sale of 753 9th Avenue
07
AGENTS JASON GOLD Ariel Property Advisors has been retained to sell a collection of 10 mixed-use and multifamily properties located in Belmont, Highbridge
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Savanna signs office deal with Knotel in NoMad
07
Savanna announced that Knotel, the workspace provider, signed a seven-year, 23,000 s/f lease at 31 West 27th Street, a 12-story, 144,500 s/f office and
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Hungry New Yorkers forking over thousands to eat out in the city
07
New Yorkers spend $8,082 per year on food outside the home (including take-out), according to a new report from CBRE. This is 130 percent percent more
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No sign of glut as industrial development tops 390M s/f
07
Developers completed construction of 289 million square feet of industrial & logistics real estate in the U.S. last year, but any concerns of oversupply