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Developers announce new apartment projects
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Related hired Irish designer Clodagh to refurbish 225 Rector Two New York developers, workhorse Related Cos. and newcomer Naftali Properties, this week
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DONE DEALS: Love it and list it
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An elderly Astor Terrace couple bid their buyers a lifetime of happiness after selling them their home. The couple, who have lived at 245 East 93rd Street
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Elliman launches multi-million dollar rebrand
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Douglas Elliman Real Estate, the fourth largest brokerage nationwide, has launched a “multi-million dollar” rebranding campaign.
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Developer Ron Beit launches fund to build homes for teachers
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Ron Beit, CEO of RBH Group, and developer of the Teachers Village project in Newark, NJ, has launched an investment fund dedicated to building housing for teachers.
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Cantor Fitzgerald spin-off buys Newmark Knight Frank
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By Daniel Geiger BGC Partners, a spin-off of the large investment banking firm Cantor Fitzgerald, has acquired the real estate services company Newmark
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Savanna snaps up Fifth Avenue jewel
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576 FIFTH AVENUE Savanna has acquired 576 Fifth Avenue, a 72,000 s/f boutique multi-tenant office building on the corner of Fifth Avenue and 47th Street in Midtown.
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On the scene
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Glen Kunofsky Marcus & Millichap Real Estate Investment Services announced the following sales: • A Verizon Wireless, 5,250s/f Net Leased property
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Simone Development opens new Throggs Neck shopping center
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Simone Development Companies marked the grand opening of the new Throggs Neck Shopping Center in the Ferry Point section of The Bronx with a ribbon-cutting
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HFZ launches sales at 505 W19
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[imagebrowser id=300] HFZ Capital Group and Corcoran Sunshine Marketing Group celebrated the launch of sales at 505 West 19th Street at the luxury condominium
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GMHC inks 112,000 s/f lease in Midtown
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Gay Men’s Health Crisis (GMHC) plans to move its headquarters to a new 112,000 s/f office space at 307 West 38th Street in Midtown. This move will make
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JLL joins hunt for Hudson Yards tenants
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By Al Barbarino Opening onto a new four acre public park, the tower’s main lobby entrance will sit behind the entrance to the No. 7 Line'
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Delinquincy Rate A Sign of What’s Ahead in 2012
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By Al Barbarino The commercial mortgage-backed delinquency rate increased seven basis points to 9.58 percent in December 2011 – and there’s more to come