Deals & Dealmakers
SELLING POINTS: Newmark marketing Flatiron building, MRC doubles profit on W’burg asset
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●NGKF Flatiron building for sale NGKF Capital Markets has been retained as the exclusive broker for the sale of 16 East 16th Street. The 39,345 s/f Flatiron
Deals & Dealmakers
Bangladeshi investor pushes Jackson Heights pricing to new peak
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A single-story commercial building in Jackson Heights sold for $16 million last week, setting a new price-per-square foot record for the neighborhood and
Debt & Equity
TRANSACTIONS: Hirshmark Capital loans secured by multifamily, industrial assets
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Meridian Capital announced the following transactions: • A new mortgage of $14,400,000 was placed on a 99-unit senior living community located on Overlook
Deals & Dealmakers
Eastern Consolidated wins Playboy Club building commission suit
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An appeals court panel upheld a ruling that gave Eastern Consolidated a commission on the sale of the former Playboy Club building at 5 East 59th Street.
Deals & Dealmakers
WHO’S NEWS: New CFO at Thor; Alfonse Amore joins JEMB; Eastern Union Funding expands healthcare division
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Thor Equities announced the appointment of Fess Wofse as Chief Financial Officer. Wofse will be responsible for all global finance operations at Thor Equities
Retail
Japanese restaurant Ato to open at 28 Grand St. in SoHo
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Eastern Consolidated’s Retail Leasing Division has arranged a five-year, 700 s/f lease at 28 Grand Street in SoHo for Ato, a restaurant that will feature
Views
Proposed regulations would harm retailers, owners
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By Adelaide Polsinelli, vice chair of Compass Commercial Brokerage Late last year, the New York City Council gave tax relief to independent storeowners
Featured
Chinese gaming café gets a piece of history with lease at Hamilton-Holly house
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A Chinese gaming café franchise is not throwing away its shot to secure its space inside a New York City landmark. Wanyoo Café signed a 20-year lease at 4 St.
Deals & Dealmakers
Eastern Consolidated arranges $63.6M Inwood multifamily portfolio sale
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Eastern Consolidated has arranged the sale of the Inwood Portfolio, a 13-building multifamily package in the Inwood section of Manhattan, for $63.
Deals & Dealmakers
Selling points: Nelson offering a Beekman bargain, Longtime owner selling Chelsea building
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Cushman & Wakefield Nelson offering a Beekman bargain A FiDi site that could hold a 64,000 s/f mixed use tower is a bargain at $625 per building square foot.
Deals & Dealmakers
ON THE SCENE: Ariel brings $7M Brooklyn trio to market; Eastern Consolidated sells Kent Ave. site
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AGENTS Ariel Property Advisors announced the following exclusive assignments to sell three mixed-use buildings in the East Williamsburg, East Flatbush
Debt & Equity
Cape Advisors lands $215M construction loan for 537 Greenwich condo
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Cape Advisors and its equity partner Strategic Real Estate have secured a $215 million construction loan from Bank of the Ozarks to build their luxury