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Dottie Herman steps down as CEO at Douglas Elliman
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Douglas Elliman announced today that Dottie Herman has stepped down from the role of CEO to be replaced by it president and COO, Scott Durkin. 
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Brooklyn multifamily portfolio hits market at $20M
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A portfolio of eight tax-protected apartment buildings scattered across BedStuy and Crown Heights is being offered for sale through Alpha Realty.
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Little guys eat up 30,000 s/f of industrial space at Barone’s LIC property
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Cushman & Wakefield has leased nearly 30,000 s/f of office and industrial space at Barone Management’s The Woodworks in Long Island City.  
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MSCI to buy Real Capital Analytics for $950M
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MSCI Inc., a provider of critical decision support tools and services for the global investment community, has entered into an agreement to acquire Real
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Metropolitan Bank funds $20M NJ construction loan
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Metropolitan Bank has provided a $19.54 million loan for the redevelopment of a 119-unit apartment building in East Orange, NJ. BRAD DOMENICO Brad Domenico
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Biacomm begins test on solar lighting to help night-time contractors cut emissions
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Molloy College is helping to test a high quality mobile solar technology built by Biacomm on its Rockville Centre campus that could eventually
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Con Edison looking for developers for battery storage systems
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Con Edison of New York and its affiliate Orange & Rockland (O&R) are looking for developers who can place large battery storage systems in New
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New golfing experience coming to Long Island mall
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The Samanea New York Mall in Westbury, Long Island, has signed another entertainment tenant to its roster. X-Golf, an indoor golf and bar-restaurant concept
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NRDC signs office, industrial tenants to 200,000 s/f of space
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National Realty & Development Corp. (NRDC) announced that 11 transactions have been finalized totaling 199,235 s/f throughout its office and industrial portfolio.
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Prologis acquires IPT assets in $4 billion merger
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Industrial real estate investment trust Prologis announced this week that it signed a merger agreement to acquire all real estate assets of the REIT and
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Prologis closes on $4B US logistics purchase
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The portfolio expands the Prologis footprint across the US Prologis, Inc., the global leader in logistics real estate, has completed the acquisition of
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LEASES: Kaufman active, swimsuits coming to Farmington Valley
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NEW YORK Newmark Grubb Knight Frank (NGKF) secured a 7-year, 7,558 s/f lease for Schireson Associates at Five Bryant Park. NGKF’s Scott Gutnick, associate