Deals & Dealmakers
SELLING POINTS: Artemis flips 204 5th Ave, HFF deals NJ shopping center
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● SOTHEBY’S INTERNATIONAL REALTY Artemis offloads $42M Flatiron building One year after paying $29.5 million for the former bank building at 204
Deals & Dealmakers
NKF fills 73,000 s/f at Lincoln Equity property
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On the heels of a recently completed major capital improvement program, Newmark Knight Frank and American Equity Partners announced 73,000 s/f in new lease
Deals & Dealmakers
ON THE SCENE: Cushman sells Astoria property, RKF names agent for New Jersey tavern
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AGENTS RKF announced that it has been named the exclusive retail leasing agent for Maxwell’s Tavern, located at the southeast corner of Washington and
Deals & Dealmakers
SELLING POINTS: Marcus & Millichap sells $45M Westchester portfolio
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● MARCUS & MILLICHAP White Plains portfolio trades for $45M A Westchester apartment portfolio has traded for $45 million. Marcus &
Deals & Dealmakers
SELLING POINTS: Ginsburg scoops up lakefront community, Section 8 sells for $27M
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● CBRE Ginsburg buys $54M lakefront community Ginsburg Development Companies (GDC) has acquired The Landing on Mohegan Lake, a lakefront rental community
Deals & Dealmakers
NAIOP honors New Jersey leaders at Hall of Fame celebration
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NAIOP New Jersey members were recently honored for their outstanding leadership, advocacy and career accomplishments at the chapter’s Annual President’s
Construction & Design
EarthCam unveils worldʼs biggest webcam facility in New Jersey
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Global webcam company EarthCam has unveiled its new high-tech and sustainable headquarters in Northern New Jersey. Designed by Spacesmith and Davis Brody
Deals & Dealmakers
SELLING POINTS: Zara buys Elmhurst apartments, JLL markets ‘Billionaires Row’ dev site
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● ZARA REALTY Queens investor makes long-term commitment Zara Realty has purchased 94-25 57th Avenue in Elmhurst, Queens for $56.5 million.
Deals & Dealmakers
Who’s News: JLL taps Leviton in Long Island, Steptoe hires new lawyer
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JLL has hired David Leviton as managing director and market leader of its Long Island office. David Leviton His responsibilities will include building
Banking and Finance
$4.2 million infusion for Rivet, a 163-unit building near NJCU
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RIVET Apartments at 23 University Place Blvd. in Jersey City. JLL has arranged $42.5 million in financing for RIVET, a mixed-use multi-housing and retail
Deals & Dealmakers
e-commerce bigs drive industrial vacancy to all-time low in Jersey
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Despite seeing slightly paused growth in the first quarter of the year, New Jersey’s industrial market continues to rally, with total leasing activity
Featured
Ellipse brings LeFrak full circle in Newport
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LeFrak’s latest Jersey City high rise is part luxury rental tower, part ocean liner. Between the Hudson River lapping up against the pier, the gentle tink-tink-tink