Deals & Dealmakers
Luxury apartments to replace factory building at 22-02 Astoria Blvd.
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A factory in Astoria, Queens will soon give way to a five-story luxury apartment building. Photo via Google Street View According to a permit application
Deals & Dealmakers
Amazon to Long Island City report raises excitement, concerns
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More than a year into its quest for a new home base, Amazon has reportedly settled on not one but two locations: suburban Washington, D.
Debt & Equity
Developer Chris Xu secures $44M loan for Jamaica, Queens Marriott hotel
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Developer Chris Xu has scored a $44 million loan for a planned 338-key Marriott hotel near LaGuardia Airport. The mortgage is a non-recourse acquisition
Residential
Done Deals: East Harlem duplex breaks $1M mark, Hunter’s Point condo goes for $1.5M
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From Manhattan duplexes to a swanky new condo in Queens, these are some of the top done deals from the past week in residential real estate.
Residential
DONE DEALS: Kern closes Sting sale
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Sting, one of the world’s best-selling music artists, and wife, Trudie Styler, just closed on their penthouse home at 15 Central Park West for $50 million.
Deals & Dealmakers
Amazon commits to LIC, will take million sf at One Court Square
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Tech giant Amazon will build an East Coast headquarters in Long Island City, bringing 25,000 new jobs and millions of dollars of capital investment to
Deals & Dealmakers
City officials break ground on 669-unit affordable housing complex in Queens
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A nearly 700-unit affordable housing complex in Jamaica will help local families get ahead, according to Deputy Mayor for Housing and Economic Development Alicia Glen.
Debt & Equity
Rockrose receives $270M loan for LIC apartment complex
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Rockrose Development Corp. has completed a $270 million construction financing for its 974-unit 80/20 rental apartment tower complex at 43-25 Hunter Street
Deals & Dealmakers
Developers secure $65M loan to buy Astoria waterfront site for apartment project
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Another large residential development is heading for the Astoria waterfront. Cape Advisors and Wainbridge Capital have secured $65 million in financing
Debt & Equity
Greystone nurses along $54M refinancing for Queens medical facilities
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Greystone has provided $54,240,000 in HUD-insured mortgage loans to refinance two skilled nursing facilities in Queens, NY. The separate transactions were
Deals & Dealmakers
SELLING POINTS: POKO deals Brownsville theater for $53M, Assa nets $50M for Midtown building
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● TERRA CRG POKO pockets $53M in Brownsville deal Brooklyn investor Shulem Herman has paid $53 million for the former Pitkin movie theater in Brooklyn’
Deals & Dealmakers
Savanna scores $200M loan for Falchi Building purchase
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Savanna, a New York City-based, vertically-integrated real estate investment manager, owner/operator and developer, announced the acquisition of The Falchi