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Bill Ackman’s Pershing Square Capital relocating HQ to 787 11th Avenue
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Pershing Square Capital Management, the hedge fund headed by activist investor Bill Ackman, is relocating its headquarters to 787 11th Avenue in Hell’s Kitchen.
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CHIP urges multifamily owners to get out and shout about rent plans
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The city’s multifamily building owners are being urged to make their voices heard at the upcoming Rent Guidelines Board. Community Housing Improvement
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ConEd offering to pay drivers, landlords to amp up electric car usage
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New York Auto Show visitors can see Hyundai’s newest small SUV this week at the Javits Center. It has LED headlights, 17-inch alloy wheels and it runs
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NYC sees huge jump in tech leasing as sector spreads out
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New York City saw a 148 percent increase in tech leasing last year. New York City saw a 148 percent increase in the number of new leases signed by tech
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More than 100 Toys “R” Us stores to be auctioned off
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A total of 123 Toys “R” Us and Babies “R” Us owned and ground-leased properties nationwide will be auctioned off this month, announced the company conducting
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Clarion Partners acquires retail portfolio for $218.8M
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Clarion Partners, areal estate investment manager, announced the acquisition of an 11-property portfolio of Class A retail centers located in five states across the U.
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Arbor Realty first lender to $2 billion mark in Freddie Mac small balance loans
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Arbor Realty Trust, Inc., a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors
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First public hearing set for 25 Kent, new Williamsburg commercial building
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Williamsburg residents, businesses and community leaders get to air their opinion of 25 Kent Avenue, the ground-up 480,000 s/f commercial and light industrial
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Highrise heroes taking facade inspections to new heights
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Out of roughly one million buildings in New York City, 14,500 are over six stories. Thanks to a local law enacted in 1980 after a passerby was killed by
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Around Town: NYU Schack to host 51st annual conference
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IREM Breakfast Nov. 14: The Greater New York Chapter of the Institute of Real Estate Management is hosting a breakfast meeting from 8:00 to 10:00 at the
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25 Kent ‘experiment’ paying off as fashion co. Kith takes 58,000 s/f
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25 Kent, Williamsburg’s newest office and manufacturing building, has signed fashion brand Kith as its anchor tenant. Kith will relocate its New York City-based
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Columbia Property Trust completes Normandy acquisition
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Columbia Property Trust has closed on its previously announced acquisition of Normandy Real Estate Management, LLC. Columbia acquired the operating platform