Deals & Dealmakers
Jeff Gural steps down as NKF chairman
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Newmark Knight Frank chairman Jeff Gural is stepping down. Gural, who will continue on as NKFʼs chairman emeritus, has left his post as the firm prepares for an IPO.
Deals & Dealmakers
GFP Real Estate leases space on 35th Street to Tailor’s Inn
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GFP Real Estate (GFP) announced 17,332 s/f of leasing activity at 505 Eighth Avenue in Midtown. The 25-story, 275,000 s/f building located at the corner
Debt & Equity
Gural venture closes on $430M loan for FiDi reno’
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The Gural Family’s GFP Real Estate and their partner, Northwind Group, have closed on a $430 million construction loan to modernize 7 Hanover Square.
Deals & Dealmakers
GFP signs Tailor’s Inn, non-profit to 17,000 s/f in Midtown
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GFP Real Estate (GFP) announced 17,332 s/f of leasing activity at 505 Eighth Avenue in Midtown. The 25-story, 275,000 s/f building located at the corner
Deals & Dealmakers
Gurals close $430M financing to upgrade new 100 Pearl building
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The Gural Family’s GFP Real Etsate and their partner Northwind Group have closed on a $430 million construction loan to modernize 7 Hanover Square.
Deals & Dealmakers
Cake favorites expanding to 10,000 s/f space
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GFP Real Estate (GFP) and owner Adlie Associates announced a 10,500 s/f new lease with trendy baking retailer NY Cake at 118 West 22nd Street in Chelsea.
Deals & Dealmakers
Neighborhood Housing renews lease on West 36th
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GFP Real Estate (GFP) announced that Neighborhood Housing signed a 10-year, 12,000 s/f lease renewal at 307 West 36th Street. The 220,000 s/f pre-war property
Debt & Equity
GFP, Northwind refinance 40 Exchange Place with $100M loan
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GFP Real Estate and Northwind Group announced the closing of $100 million in refinancing for 40 Exchange Place. The 20-story, 300,000 s/f office and retail
Leases
LEASES: Helmsley Spear brokers new retail lease in FiDi
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NEW YORK Helmsley Spear has brokered a new retail lease in FiDi, totaling 4,170 s/f at 83 Maiden Lane with the restaurant and brewery known as MezCali.
Deals & Dealmakers
Entertainment company and labor group signs with GFP on Eighth
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GFP Real Estate signed two deals totaling 52,769 s/f at 520 Eighth Avenue. Travel and entertainment company Entertainment Benefits Group is taking 12,769
Deals & Dealmakers
NYC Health and Hospitals take half million s/f lease at 50 Water
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NYC Health + Hospitals signed a more than 500,000 s/f lease at 50 Water Street. The agency that operates the city’s public hospitals and clinics will use
Deals & Dealmakers
Stakeholders see plenty of upside in Garment District rezoning
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Still bogged down with a lengthy rezoning process in the Garment District, the city has picked up new zoning projects in SoHo and NoHo. The Garment District