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Manhattan office market headed for further growth, CBRE says
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With the latest office markets reports showing that low unemployment and relentless growth in the TAMI sector have led to the high leasing volume in Manhattan
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DGSIR acquires Westhampton mainstay, Norma Reynolds Sotheby’s
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Daniel Gale Sotheby’s International Realty has acquired Norma Reynolds Sotheby’s International Realty of Westhampton Beach, a mainstay of the Hamptons
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Appraisers examine future of their profession
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Just shy of a year ago, Real Estate Weekly published an article entitled “Brain Drain Decimating Appraisal Profession.” Within the recovering economy there
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Eastern Consolidated team arranges bridge loan for Calyx developer
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Eastern Consolidated’s Capital Advisory Division has arranged a $25 million inventory loan for The Calyx, a newly constructed, 10-story, 31,872 s/f condominium
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PECO joins $400M shopping center JV
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In the largest shopping center recapitalization of the year Phillips Edison & Company (PECO) has formed a $414.5 million joint venture with Northwestern
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$56M financing for Chelsea conversion
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G4 Capital Partners has funded a $56 million loan for the conversion of a Chelsea warehouse into office space. Jonathan Aghravi of JBA Equities secured
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Durst buys Queens site from PMG for $167M, plans 1M s/f apartment tower
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The Durst Organization today announced it has acquired the Queens Plaza Park development site at 29-37 41st Avenue in Long Island City, Queens.
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Done Deals: Touchdown for 21 apartments at 20 West Street
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Citi Habitats agent Andrea Pedicini just sold a record 21 apartments at the Downtown Club Condominium for $13,650,000 in an off-market bulk deal.
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PMG secures $65M loan for Long Island City buy
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Mission Capital Advisors’ Debt & Equity Finance Group has arranged $50.6 million in bridge financing, in addition to a $15.0 mezzanine loan, for the
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NYCHA buildings rated below national average
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The U.S. Department of Housing and Urban Development inspects public housing developments across the country to ensure that they are safe, sanitary, and
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IN PICTURES: William Macklowe opens 21E12 with Selldorf Architects
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William Macklowe Company and Goldman Sachs invited guests and  brokers to celebrate the opening of 21E12 and Selldorf Architects’ new monograph Portfolios and Projects.
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Selling Points: Treetop’s $140M Queens acquisition, LIC site hits market at $65M
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Treetop Development $140M Queens portfolio for middle income renters Treetop Development announced the $138.8 million acquisition of an eight-building