Deals & Dealmakers
Rezoning brings record development site sale in East New York
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The re-zoning of East New York’s Atlantic Avenue has brought a record sale to the neighborhood. CBRE  brokered the $16.75 million sale of a mixed-used
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City brokers adapting to co-living sector
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Brokers are like plumbers, they’re only as good as the tools in their toolbelts and co-living is quickly becoming an all-purpose patch kit.
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Another high-level departure at Colliers as Brennan exits for CBRE
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In another high-level departure at Colliers in New York, COO Kim Brennan (pictured top) has left the firm for CBRE. Brennan’s exit comes just days after
Deals & Dealmakers
Another blow for Colliers as Brennan exits for CBRE
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In another big blow for Colliers in New York, COO Kim Brennan (pictured top) has left the firm for CBRE. Brennan’s exit comes just days after Joe Harbert’s
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Fosun looks to sell minority stake in 28 Liberty Street
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Fosun International is putting its marquee Manhattan office tower on the market but not in the way many might think. The Chinese conglomerate moved quickly
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Big business leasing new office space faster than New York can build it
07
With more than 9.5 million s/f of new office space due to open in Manhattan, Brooklyn and Queens by year’s end, New York is the second-fastest growing
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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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LEASES: GFP leases 10,000 s/f in Garment Center, Kaufman brings travel firm to Fifth Avenue
07
NEW YORK The Kaufman Organization announced that Domio, an upscale, tech-focused travel and hospitality firm, has signed a five-year, 8,000 s/f lease to
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Silverstein, Taconic unveil pre-built wet lab at Hudson Research Center
07
Silverstein Properties and Taconic Investment Partners, joint venture owners of 619 West 54th Street, have unveiled the first pre-built wet lab to hit
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Investors enjoying a merry dance with senior housing
07
The appetite for seniors housing acquisitions remains strong, with nearly two-thirds of investors planning to increase the size of their portfolios over
Deals & Dealmakers
SELLING POINTS: Gaia makes $52M condo buy; Hakimian fund buys Queens development site
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● GAIA REAL ESTATE GAIA continues buying in bulk GAIA Real Estate has acquired 90 condo units in a bulk sale for $52.5 million from the original sponsor
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SELLING POINTS: New owners to upgrade affordable Mo Vaughn apartments
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● HEMPSTEAD IDA New owners to upgrade affordable Mo Vaughn apartments Jaffe Family TIC LLC and E. Nelson Family TIC LLC are buying an affordable housing