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Selling points: Fairstead buys former illegal hotel on the Upper West Side, JV acquires $33M SF building
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Fairstead Capital Fairstead buys former illegal hotel on the Upper West Side Fairstead Capital has just acquired the Park 79 Hotel on the Upper West Side
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Avison to lease new west side offering
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Avison Young has been named the exclusive leasing agent for Six60 Twelfth, a 300,000 s/f mixed-use building currently under construction at 660 12th Avenue
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Rialto antes up $97M loan for PMG
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Holliday Fenoglio Fowler (HFF) announced it has secured $97.1 million in financing for 111 Leroy, a boutique luxury condominium development in the West Village.
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Developer planning spec’warehouse as demand continues to push pricing
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NAI James E. Hanson has negotiated the sale of two industrial development sites at 2 and 4 Aaron Way in the White Lake Commerce Park in Sparta, NJ.
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Partners bag a $1.3B bargain
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By Linda O’FLanagan 650 Madison Avenue Crown Acquisitions and investment firm Highgate have bought the trophy glass tower at 650 Madison for $1.
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LEASES: Barbara Raskob, Paul Wexler, Kraig Silver
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NEW YORK Barbara Raskob The Kaufman Organization recently brokered six leases at The Nelson Tower, located at 450 Seventh Ave. Asking rents were in the
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Industry heavyweights back New York’s fight against controversial rent laws
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Housing groups and think tanks have filed legal documents supporting the owners of New York’s rent stabilized apartments in their fight against 2019
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Liquor giant to relocate global HQ to 100,000 s/f at 11 Madison Avenue
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Beam Suntory, the liquor company behind Jim Beam and Maker’s Mark, is moving its headquarters from Chicago to New York City. The company has signed a 100,000
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Port Authority unveils new bus terminal plan
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The Port Authority of New York and New Jersey has unveiled a new plan for the world’s busiest bus terminal. The Midtown Bus Terminal project will
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Developers close $120M finance deal for affordable Bronx development
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B&B Urban and L+M Development Partners have secured financing and broken ground at Williamsbridge Gardens, a fully affordable rental building in the
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New Jersey developer launches sustainable multifamily housing non-profit
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Philip Cali, Jr. has formed Pristine Sustainable Affordable Homes, a not-for-profit corporation, in co-operation with Montclair State University (MSU)
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Giant Hudson Yards, mini Carmel Place among ULI Excellence in Development finalists
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The Urban Land Institute New York announced the finalists for its 2017 Awards for Excellence in Development, an annual event recognizing exemplary land