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RFR purchases $60 million performing mezzanine loan
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On behalf of an undisclosed seller, JLL announced the firm has closed the sale of the $60 million performing mezzanine loan, secured by The Mark Hotel
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Griffith heading in new direction
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By Konrad Putzier Mark Griffith’s Linkedin profile showed him in a suit and tie, but two weeks into his new gig at Urban Compass he came to an interview
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Need a last minute gift? How about a book written by a broker
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By Konrad Putzier 2014 was a productive year for New York’s real estate professionals, as deal volume and new construction reached levels not seen in years.
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Labor, land costs to hit senior home building
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Seniors’ housing development costs are expected to rise modestly in 2020, with labor and land the primary drivers of higher expenditure, according
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Borrower exits bridge loan with $71M from Greystone
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Greystone has provided a $71.3 million HUD-insured loan to refinance Massapequa Center Rehabilitation & Nursing, a 320-bed skilled nursing facility
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Chalmé signs first tenant at 40 Bleecker condo
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Broad Street Development announced that 40 Bleecker, its new boutique luxury condominium project in Noho, has signed it’s first retail tenant.
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Jonathan Kushner makes investment in residential brokerage
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Kushner Real Estate Group and Ironstate Development are investing in residential brokerage, Modern Spaces. JONATHAN KUSHNER The announcement was made by
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Concrete numbers for new Toll Bros. tower
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Toll Brothers City Living has completed pouring concrete for the top floor of 1100 Maxwell Place, its newest addition to Hoboken’s waterfront community.
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Little Itlay restaurants sign on for the next five years
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EVO Real Estate Group has renewed the leases of four well-known Italian restaurants at 132 Mulberry Street: La Nonna, Paesano, Umberto’s Clam House and Pellegrino.
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Jones Day pays $6.2M termination fee at 222 E. 41st, NYU moving in early
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The NYU Langone Medical Center is moving to its new Midtown facility at least two months early. The hospital network, which signed a 30-year full-building
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Thor Equities, Taconic Investment Partners to redevelop 837 Washington Street
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Thor Equities has formed a joint venture with Taconic Investment Partners to redevelop 837 Washington Street in the Meatpacking District at a valuation
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C&W brokers have an app’ for that
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Imagine walking up to a building and learning about the property inside from a mobile device. Cushman & Wakefield, the largest privately held commercial