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Job losses mount as Redfin says workers can make more on unemployment
07
Residential powerhouse Redfin has furloughed 41 percent of workers, giving them “a transition bonus” and health-care benefits through the summer.
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JLL brokers fintech lease at Rudin’s 1675 Broadway
07
1675 Broadway JLL has completed a new sublease transaction for Exiger Holdings Inc. at 1675 Broadway. The leader in tech-enabled financial crime, risk
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IPG, Square Mile secure $305M loan for logistics facility
07
Innovo Property Group (IPG) and Square Mile Capital Management LLC have obtained construction financing totaling $305 million for their development of
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Denholtz secures financing to finish luxury apartment development
07
JLL Capital Markets arranged $17.5 million in financing for the development of The Rail @ Red Bank, a 57-unit, Class A apartment project in Red Bank, New Jersey.
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SELLING POINTS: 60 Guilders selling triplex; Fairstead buys Sect. 8 complex
07
60 GUILDERS SELLING MIDTOWN TRIPLEX Douglas Elliman and developer 60 Guilders have just brought to market a $35.68M triplex commercial condo at 20 West
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Kaufman JV acquires Midtown South building for $48.5M
06
The Kaufman Organization, in partnership with AXA Investment Managers has acquired 56 West 22nd Street for $48.5 million. It marks the second transaction
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JLL bringing new warehouse to market
08
Construction is underway on the 76,000 s/f warehouse in Newark, NJ. The S.Hekemian Group LLC has broken ground on 120 Frontage Road in Newark, NJ.
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Elizabeth Stribling sells former Chelsea brokerage building
07
Residential brokerage doyenne Elizabeth Stribling has sold her company’s former office building at 340 West 23rd Street. JLL Capital Markets brokered
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SELLING POINTS: Aspen, Devli scoop up Mack-Cali office
07
● MERIDIAN CAPITAL GROUPDynamic Star JV planning LIC office tower AAGS Holdings has purchased the former Eagle Electric building in Long Island City, with
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Asset managers relocating to 48,000 s/f at Boston Properties’ 399 Park Avenue
07
Boston Properties renovated the former CitiGroup building with a focus on tenant amenities. JLL has completed a new transaction for Lexington Partners
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Software giant Celonis takes floor at 1 WTC
07
The Durst Organization and The Port Authority of New York and New Jersey today announced that Celonis, Inc. has signed a seven-and-a-half-year lease for
Leases
Northwestern Mutal leases 91,000 s/f at Liberty Street
00
The financial giant is expanding at 200 Liberty Street in Brookfield Properties. JLL has completed a new transaction for Northwestern Mutual at 200 Liberty