Deals & Dealmakers
Altice USA move, consolidation drives L.I. office sublease market
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Cable and internet provider Altice USA’s office shuffling in Nassau County headquarters continues to drive up Class A office subleasing availability in Long Island.
Technology
VC firm Fifth Wall Ventures launches with $212M funding from real estate investors
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Venture capital firm Fifth Wall Ventures has launched with $212 million in funding from some of the nation’s largest real estate corporations.
Deals & Dealmakers
Around Town: CBRE holds charity dinner for St. Mary’s
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Tribute Dinner Nov. 27: Brad Gerla of CBRE’s Midtown Manhattan office is being celebrated by St. Mary’s Hospital for Children as its 2018 Honoree at its
Retail
RETAIL ROUNDUP: St Tropez brand comes to The Hamptons; Restaurant space available at City Point.
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● MANHATTAN SKYLINE MANAGEMENT CORP. St. Tropez swimwear stars make a splash in The Hamptons MANHATTAN Skyline Management Corp. announced that Vilebrequin, the St.
Deals & Dealmakers
Commerzbank buys NYU Langone building for $332.5M
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Commerzbank has purchased 222 East 41st Street from Columbia Property Trust for $332.5 million. Commerz Real, the real estate investment arm of the German
Deals & Dealmakers
Savanna closes on $640M buy at 5 Bryant Park
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Savanna has closed on its $640 million acquisition of of 5 Bryant Park from Blackstone. The New York City-based investment manager, owner/operator and
Deals & Dealmakers
Parking safe from autonomous cars for now, experts say
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As alternative forms of transportation like ride-sharing and autonomous vehicles gather steam, experts say adjacent industries like commercial and residential
Deals & Dealmakers
ON THE SCENE: Bestreich Realty Group announces the sale of 854 Hancock Street in Bed Stuy
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AGENTS New York-based RCS Real Estate Advisors has been retained by worldwide fashion retailer Forever 21 to help the company as they
Deals & Dealmakers
Investment firm Cyrus Capital Partners takes 23,000 s/f at Park Avenue Tower
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Equity Office has signed a new lease with investment advisory firm Cyrus Capital Partners L.P. to move its headquarters to 23,356 s/fat Park Avenue Tower
Office Market
CBRE joins Sage at 77 Water Street as pre-builts come online
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The William Kaufman Organization (WKO) and Principal Real Estate Investors, the owners of 77 Water Street, announced that it has retained CBRE as co-leasing
Deals & Dealmakers
Asset management firm Schroder leases 73,796 s/f space at 7 Bryant Park
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Bank of China has leased 73,796 s/f of space at its 7 Bryant Park tower to Schroder Investment Management North America Inc. CBRE Group, Inc.
Deals & Dealmakers
ON THE SCENE: Asset Commercial Realty Group tapped to sell Flushing condos
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AGENTS Asset Commercial Realty Group has been retained on an exclusive basis to arrange the sale of two community facility units in the Shangri-La 3 condominium