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REIT makes FiDi investment
09
By Konrad Putzier American Realty Capital’s New York City REIT (NYCR) has snapped up the FiDi office building 123 William Street for $253 million.
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City issues RFP for new movie campus
010
New York City Economic Development Corporation (NYCEDC) and the Mayor’s Office of Media and Entertainment (MOME) released a Request for Proposals (“RFP”)
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Newport Beach Party a splash hit
011
Over 1,000 visitors turned out for the Newport Beach Party and Food Festival last week at Newport Green in Jersey City. Guests strolled along the boardwalk
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New York brokers face legal hurdles when selling global real estate
011
By Konrad Putzier As more New York apartment brokers look to market foreign listings, they are discovering that the legal hurdles are high.
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BCD announces Phipps merger
010
BCD, formerly known as Buy China Direct, has merged into Phipps & Co., a newly formed entity that will be run and operated by founder Jake Phipps. Phipps &
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IDA strikes deal for new Nassau County Hilton
08
Nassau County Executive Edward P. Mangano announced that the Nassau County Industrial Development Agency has approved an economic development compact that
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$45M bond deal will finance LI life care community expansion
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Frederick C. Braun, III, chairman of the Brookhaven Local Development Corp. (LDC), announced that the agency has closed on a $45 million bond financing
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Juniors nabs Ruby Fooʼs for new Times Square restaurant
012
CBRE has arranged a 10,287 s/f retail lease expansion on behalf of Junior’s Restaurant and ownership at 1626 Broadway. DAVID LAPIERRE The maker of cheesecakes
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Shvo secures $210M acquisition loan
011
Michael Shvo and his partners have bagged a $210 million loan to fund their acquisition of 530 Broadway. Shvo, along with Turkish outfit BLG Capital and
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Survey finds grocery store among best listing words
012
By Konrad Putzier Once upon a time, brokers needed wise mentors and years of experience to figure out when to list an apartment and which words to use in the ad.
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Robert Futterman going ‘glocal’
011
RKF is entering into a joint venture to open an RKF-branded office in Hong Kong, Robert Futterman, the company’s chairman and CEO, announced at the Urban
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Four new deals signed at Rudinʼs One Whitehall
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In a series of separate transactions, four companies have signed leases and renewals at the Rudin Family’s One Whitehall Street. Enterprise Community Partners