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Peloton to open 35,000 s/f broadcasting flagship at Brookfield’s Manhattan West
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Spinning phenom Peloton  announced today that it will build a 35,000 s/f, state-of-the-art flagship location, called “Peloton Studios,” at Brookfield’s
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Cottonwood, CCB secure $55M loan for Aloft Hotel in Hudson Yards
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Cottonwood Group and CCB International announced the formal closing of a $55 million secured credit facility for a new hotel project in Hudson Yards, the
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City builders need new mayor’s vote
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By Sarah Trefethen A new mayor needs an “affirmative hand” on capital spending, says NYBC. The New York Building Congress last month revised
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Japanese buyers pay $247M for 370 Lex
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Sherwood Equities and J.P. Morgan Asset Management announced the sale of 370 Lexington Avenue in Midtown to Tokyo-based Unizo Holdings for $247 million.
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L+M Development, HPD file plans for 119-unit housing complex in Far Rockaway
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L+M Development Partners and the New York Department of Housing and Development have filed plans for the second phase of the Beach Grand Dunes housing
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ON THE SCENE: Friedman-Roth: Massy Knakal: Northeast Private Client Group
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SALES Friedman-Roth Realty Services announced the following sales: • Two adjacent four-story Midtown East walk-up buildings at 988 Second Avenue and 990
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Castle Rock Equity buys Nashville retail
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Castle Rock Equity Group announced that it has purchased the Demonbreun Hill retail center in Nashville, Tenn. The center sits on a 3.38 acre site ideally
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Million Dollar party
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[imagebrowser id=306] On Thursday, June 12, Douglas Elliman hosted a Summer Season Kickoff at The Venue @ 409 (409 W. 14th Street) to celebrate the company’s
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Mega-mall developers dreaming of 2016 opening
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By Holly Dutton Rendering of the American Dream mall New Jersey’s American Dream is still on its way to coming true.  The mega-mall entertainment and shopping
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Lee marketing 100,000 s/f Astoria site
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Lee & Associates NYC has been tapped to market a new commercial development at 34-30 Steinway Street in Astoria. Managing director Garry Steinberg
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Risky business: REITs continue to fret over interest rates
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ANTHONY LaMALFA By Anthony LaMalfa, partner, BDO Real Estate & Hospitality Services Concerns over increases in interest rates and hedging continue
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William Macklowe says he will invest conservatively and modestly
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William Macklowe By Daniel Geiger After getting sucked into the eye of one of Manhattan’s most memorable meltdowns, William Macklowe said he would use