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Leumi Bank funds $30M JC apartment construction loan
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Leumi Bank has funded a $30 million construction loan for a 99-unit luxury apartment development in Jersey City. Brad Domenico of Progress Capital Brad
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Real Estate Weekly’s 2020 Rising Stars
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The coronavirus pandemic wrought havoc on the global economy in 2020 and the real estate industry was not immune. Across the sector, from builders to bankers
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Real estate patriarch Steve Goodstein dead at 81
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One of New York’s pioneering developers, Steven Goodstein, has died at the age of 81. The chairman of Goodstein Development Corporation, Mr Goodstein
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SL Green selling Tower 46 condos for $275M
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SL Green Realty Corp. has entered into a contract to sell its 25 percent interest in the commercial condominium units located at 55 West 46th Street, also
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ON THE SCENE: Latest middle market sales, exclusives
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SALES Kempner Properties announced the acquisition of Paltz Commons, a 36-unit garden style apartment complex in the town of New Paltz, NY, for $7.
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Holt names first female CEO in its 100-year history
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Holt Construction Corp. has named Patricia Zugibe as the first female to lead the company in its over 100-year history. Zugibe joins Jack Holt, chairman
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New street vendor laws will end underground market, says lawmaker
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New York City Council has approved historic legislation to mandate major reforms to the street vendor system. The legislation provides new opportunities
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Home Depot building trades for $16M
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JLL Capital Markets has closed the $16.4 million sale of a 128,715 s/f, single-tenant retail building triple net leased to The Home Depot on a long-term
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AISC remembers legendary engineer, Les Robertson
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The steel design community suffered a huge loss Thursday when Leslie E. Robertson, whose career came to be defined by his work on the World Trade Center
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Rockpoint partners with Ben Harris on new industrial venture
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Rockpoint Group, a global real estate investment management firm, has formed a partnership with Benjamin Harris to pursue industrial investment opportunities
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Despite challenges, affordable housing industry logs historic year
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Mayor Bill de Blasio’s announcement this week that New York City financed or preserved more than 30,000 affordable homes in 2020 would be a noteworthy
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Investors give NY market a little Valentine’s hug as sales tick up
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In the second half of 2020, investment sales in New York City experienced moderate increases in both sales volume and transactions after declining sharply