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ON THE SCENE: This week’s Under $10M sales
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JON ANGEL Angel Commercial announced that the former site of Joe’s American Bar & Grill Restaurant in Fairfield, CT, has sold for $3,905,000.
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Contractors make NYC construction history
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Contractors made construction history last weekend when they used a massive crane to lift another, smaller crane to the top of the new Tiffany flagship
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Glacier Equities makes $23M Bronx co-op investment
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 Glacier Equities, a real estate investment, construction, and asset management firm led by Myles Horn, has closed on a 255-residential unit portfolio
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HOK renews 34,000 s/f office lease at 5 Bryant Park
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Savanna announced that HOK, a global design, architecture, engineering and planning firm, has renewed its 34,039 s/f lease at 5 Bryant Park, a 682,988
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Nuveen JV buys 400-unit affordable apartment portfolio
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Asset management giant Nuveen has partnered Hudson Valley Property Group LLC (HVPG) to buy a 412-unit affordable apartment portfolio in Jersey City.
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Fashion tenants go short and sweet in Garment District
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Turkish textile designer Zateks Dizayn is moving up in the Garment District. The Istabul-based entrepreneur has leased a new 1,700 s/f space at GFP Real
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Progress Capital arranges $16M construction loan for new Bronx development
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Progress Capital has arranged a $16 million construction loan for a new Bronx development. Abraham Wieder’s Supreme Equities is building the 60,000 s/f
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Joseph Rand named HGAR Realtor of the Year
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The Hudson Gateway Association of Realtors has named Joseph Rand its 2020 Realtor of the Year. The chief creative officer of Howard Hanna/Rand Realty in
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Joe Sitt buys another Spanish industrial portfolio
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Joe Sitt continues to rapidly expand his European logistics platform. The chairman & CEO of Thor Equities, announced that his Thor Logis has signed
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Prologis closes on $618M sale of UK logistics portfolio to Blackstone
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US logistics giant Prologis has closed on the $618 million sale of a portfolio of buildings and land in the UK to real estate funds managed by Blackstone.
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Rockefeller opens latest addition to master-planned Jersey community
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 Rockefeller Group, the real estate developer, owner and operator, and a partnership of Bergen County’s United Way and Madeline Corporation, recently
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New normal spurs schools to rethink their real estate
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 Trustees are scrutinizing real estate holdings in education as never before, noted two executives from A&G Real Estate Partners in a webinar conducted